NOT LISTED FOR SALE

743 Drum Point Rd Brick, NJ 08723

Estimated Value: $1,043,000 - $1,361,000

4 Beds
3 Baths
2,400 Sq Ft
$503/Sq Ft Est. Value

Last Sold December 03, 2015

Last sale price $680,150 $283 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,414/month

19 Days on Market

Highlights

  • Built in 2015 | Newly Remodeled
  • Bay View
  • Property near a lagoon
  • Home fronts a lagoon or estuary
  • Custom Home
  • New Kitchen

About This Home

As of December 2015

Beautiful new construction ready for spring/summer occupancy! Expansive bayview views with having open and wide lagoon location. Enjoy sunrises and sunsets! Perfect layout for 4 Bedrooms 3 Full Baths with 2 master bedrooms on both levels. Home built to exceed current FEMA flood requirements. Still time to make modifications and upgrades to suit your personal taste and needs. Home built with elevator shaft to all 3 floors. Two sweeping decks across the entire back of home with panoramic views. Time to pick and choose your interior kitchen, baths, hw,doors,trim and colors. Garage is actually a two car plus deep garage! We have several additional waterfront lot locations including Princeton Ave to Cherry Quay at various price points

Last Agent to Sell the Property

Pasquale Mennella

C21/ Lawrence Realty License #7857330 Listed on: 05/29/2015

Co-Listed By

Matthew Mennella

C21/ Lawrence Realty License #0679950

Last Buyer's Agent

Karen Taylor Johnson

ERA/ All Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,603

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • Lot Dimensions are 50x100
  • Home fronts a lagoon or estuary

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Gravel Driveway

Home Design

  • Home to be built
  • Custom Home
  • Colonial Architecture
  • Contemporary Architecture
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Gas Fireplace
  • Thermal Windows
  • Sliding Doors
  • Bay Views
  • Basement Fills Entire Space Under The House

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Primary Bathroom Bathtub Only

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Balcony

Utilities

  • Forced Air Zoned 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 07-00264-0000-00058

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,603

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Lagoon
  • Co List Office Mls Id: 1183
  • Co List Office Phone: 732-840-9200
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: Shore Acres
  • Architectural Style: Custom, Colonial, Contemporary
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr
  • New Construction: Yes
  • Year Built: 2015
  • Contract Info List PriceSqFt: 249.96
  • Contract Info New Construction: TBB
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • General Property Info Lot Dimensions: 50X100
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: 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: Yes
  • General Property Info # Fireplaces: 1.0
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Exterior Thermal Window: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Roof Timberline: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Water Type Bayview: Yes
  • Water Type Bulkhead: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 3
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront Features: Bayview, Bulkhead, Lagoon
  • Waterfront: Yes
  • Exterior Features: Balcony, Thermal Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Oversized
  • General Property Info:Garage: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50X100
  • Parcel #: 07-00264-0000-00058
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6603.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
Nov 2, 2015
Sold by
Majestic Investment Llc
Bought by
Wohlrab Stephanie
Seller's Agent
Pasquale Mennella
C21/ Lawrence Realty
Buyer's Agent
Karen Taylor Johnson
ERA/ All Realty
Sold Price
$680,150
Current Estimated Value
$1,206,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,580
Avg. Annual Appreciation
5.84%
Original Mortgage
$475,000
Outstanding Balance
$373,356
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$833,374

Purchase Details

Listed on
Oct 15, 2013
Closed on
May 26, 2014
Sold by
Seymour Investment Llc
Bought by
Majestic Investment Llc
Seller's Agent
Robert Giovinazzo
C21/ Value Plus Realty
Buyer's Agent
Pasquale Mennella
C21/ Lawrence Realty
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
179.17%

Purchase Details

Listed on
Oct 15, 2013
Closed on
Apr 4, 2014
Sold by
Fannie Mae
Bought by
Vorhand Seymour Investment Llc
Seller's Agent
Robert Giovinazzo
C21/ Value Plus Realty
Buyer's Agent
Pasquale Mennella
C21/ Lawrence Realty
Sold Price
$125,000

Purchase Details

Closed on
Aug 19, 2013
Sold by
Pumphrey Paul F and Pumphrey Paul
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 7, 1999
Sold by
Stadnyk John Daniel and Stadnyk Millie
Bought by
Pumphrey Paul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
7.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Wohlrab Stephanie $605,000 Agent For The Security Title
Majestic Investment Llc -- --
Majestic Investment Llc -- --
Vorhand Seymour Investment Llc $125,000 Land Title Services
Federal National Mortgage Association -- None Available
Pumphrey Paul F $158,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wohlrab Stephanie $475,000
Previous Owner Pumphrey Paul F $147,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2015 12/03/15 Sold $680,150 +444.1% $283 / Sq Ft
04/10/2014 04/10/14 Sold $125,000 -- $84 / Sq Ft View Prior Sale
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 $13,336 $516,300 $200,000 $316,300
2024 $12,675 $516,300 $200,000 $316,300
2023 $12,510 $516,300 $200,000 $316,300
2022 $12,510 $516,300 $200,000 $316,300
2021 $12,247 $516,300 $200,000 $316,300
2020 $12,092 $516,300 $200,000 $316,300
2019 $11,890 $516,300 $200,000 $316,300
2018 $11,617 $516,300 $200,000 $316,300
2017 $11,302 $516,300 $200,000 $316,300
2016 $4,356 $200,000 $200,000 $0
2015 $5,118 $241,300 $241,300 $0
2014 $6,741 $320,400 $241,300 $79,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21520980

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00264-0000-00058