NOT LISTED FOR SALE

727 Drum Point Rd Brick, NJ 08723

Estimated Value: $1,010,000 - $1,148,000

4 Beds
4 Baths
1,702 Sq Ft
$629/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $850,000 $499 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,641/month

61 Days on Market

Highlights

  • Docks
  • Custom Home
  • New Kitchen
  • In Ground Pool
  • Waterfront
  • Deck

About This Home

As of January 2022

WATERFRONT Custom Colonial , ESCAPE TO THE JERSEY SHORE* This 5 year old Home offers AMAZING VIEWS From every angle. Main Living area opens to Florida room and Open deck overlooking Kettle Creek and the Open bay....FABULOUS Location...Main Level Master Bedroom with Master Bath for easy Living . Upstairs Level Boasts 3 more bedrooms with water views and full bath + Bonus Loft. Garage level adds extra entertaining area opening to yard with BRAND NEW Built in Pool . This home will not disappoint whether ALL YEAR living or just a SUMMER Getaway. Make an appointment to View ASAP

Last Agent to Sell the Property

Melanie Shimak

RE/MAX at Barnegat Bay License #0789517 Listed on: 10/28/2021

RE/MAX at Barnegat Bay

Last Buyer's Agent

Jeanne A. Rhodes

Veltri & Associates, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,888

Year Built

  • Built in 2016

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Waterfront
  • Fenced
  • Oversized Lot

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,702 Sq Ft Home
  • 2-Story Property
  • Light Fixtures
  • Blinds
  • Water Views
  • Walk-Out Basement
  • Home Security System

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Bulkhead
  • Docks
  • Cove
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Shore Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-00264-0000-00049

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,888

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Cove, Oversized
  • ResoPoolFeatures: In Ground
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Garage Door Opener, Gas Cooking
  • Subdivision Name: Shore Acres
  • Architectural Style: Custom, Colonial
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Breakfast Bar
  • Year Built: 2016
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Exterior Dock: Yes
  • Exterior Security System3: Yes
  • Lot Description Cove2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: Yes
  • Exterior Features: Deck, Dock, Fence, Porch - Open, Security System
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Direct Access
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 07-00264-0000-00049

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9888.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Jan 14, 2022
Sold by
Broxmeyer and Jill
Bought by
Cefalu Kathleen F and Ackerman Terry
Seller's Agent
Melanie Shimak
RE/MAX at Barnegat Bay
Buyer's Agent
Jeanne A. Rhodes
Veltri & Associates, Realtors
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,071,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,174
Avg. Annual Appreciation
6.88%
Original Mortgage
$680,000
Outstanding Balance
$628,862
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$455,680

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 13, 2020
Sold by
Culos Gloria
Bought by
Broxmeyer Joseph and Broxmeyer Jill
Seller's Agent
Susan Staffordsmith
Keller Williams Shore Properties
Buyer's Agent
Melanie Shimak
Broad Ventures Real Estate
List Price
$515,000
Sold Price
$550,000
Premium/Discount to List
$35,000
6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.16%
Original Mortgage
$440,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1998
Sold by
Sweetra Andrew P
Bought by
Culos Albert and Culos Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.33%

Purchase Details

Closed on
Jul 29, 1998
Sold by
Sweetra Andrew P
Bought by
Sweetra Andrew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cefalu Kathleen F $850,000 Anchor Title
Broxmeyer Joseph $550,000 Pyramid Title Services Llc
Culos Albert $125,000 --
Sweetra Andrew P $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cefalu Kathleen F $680,000
Previous Owner Broxmeyer Joseph $440,000
Previous Owner Culos Albert A $145,300
Previous Owner Culos Albert $88,900
Previous Owner Culos Albert A $25,000
Previous Owner Culos Albert $10,000
Previous Owner Culos Albert $11,500
Previous Owner Culos Albert $80,000
Previous Owner Sweetra Andrew P $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $850,000 0.0% $499 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $850,000 +54.5% $499 / Sq Ft
07/13/2020 07/13/20 Sold $550,000 +6.8% --
06/04/2020 06/04/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $515,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,208 $433,900 $241,300 $192,600
2024 $10,652 $433,900 $241,300 $192,600
2023 $10,230 $422,200 $241,300 $180,900
2022 $10,230 $422,200 $241,300 $180,900
2021 $10,015 $422,200 $241,300 $180,900
2020 $9,888 $422,200 $241,300 $180,900
2019 $9,587 $416,300 $241,300 $175,000
2018 $9,367 $416,300 $241,300 $175,000
2017 $9,113 $416,300 $241,300 $175,000
2016 $5,006 $241,300 $241,300 $0
2015 $5,924 $291,100 $241,300 $49,800
2014 $5,875 $291,100 $241,300 $49,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22134592

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00264-0000-00049