NOT LISTED FOR SALE

8 Leyte Ln Ocean City, NJ 08226

Estimated Value: $3,634,887 - $4,733,000

5 Beds
4 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold October 04, 2018

Last sale price $2,000,000

Est. 110% increase in value since last sale

Current estimated payment $25,070/month

105 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Home fronts a lagoon or estuary
  • Ocean City Primary School Rated A
  • In Ground Pool
  • Deck

About This Home

As of October 2018

Absolutely stunning custom built and desirable Riviera single family home. Better than new construction, 4 bedrooms/possible 5th bedroom, 4 baths, with a third floor private guest suite. 2 zone gas heat, central air. Custom front mahogany door, large living with gas fireplace, office with coffered ceiling. Gourmet kitchen with granite countertops, tile backsplash, stainless steel appliances, wolf range and oven with warming drawer, sub zero refrigerator and 42" cabinets. Hardwood floors throughout, magnificent crown molding and wainscoting, wood panels, elevator, two huge master suites one with a marble walk-in shower, double vanity, jacuzzi tub, a private deck, and heated floors. Suite also has walk in closets with built in shelves. A rooftop deck, heated in ground pool, all new paver driveway and backyard patio. Two car garage plus storage, 2 boat slips and 3 jet ski ports. Sold fully furnished and equipped, move in condition.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 04/24/2018

Last Buyer's Agent

Chris Warren

BERGER REALTY-Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,751

Lot Details

  • Lot Dimensions are 50x100
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Library
  • Water Views
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Boat Slip
  • Deck
  • Patio
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,751

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 04/24/2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Elevator, Walk In Closet, Whirlpool
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Library/Study

Exterior Features

  • Outside Features: Boat Slip, Deck, Outside Shower, Patio, Pool-In Ground, Porch
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bay Front, Lagoon Front, Water View
  • Lot Dimensions: 50x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Oct 4, 2018
Sold by
Keith Asplunch and Asplundh Giselle
Bought by
Atkinson Joseph C and Atkinson Laura J
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Chris Warren
BERGER REALTY-Main
List Price
$2,195,000
Sold Price
$2,000,000
Premium/Discount to List
-$195,000
-8.88%
Current Estimated Value
$4,207,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,207,222
Avg. Annual Appreciation
11.38%
Original Mortgage
$1,600,000
Outstanding Balance
$1,398,159
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,809,063

Purchase Details

Closed on
Mar 15, 2007
Sold by
Mita Eustace W
Bought by
Asplundh Keith and Asplundh Giselle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2004
Sold by
Stoeco Development Ltd
Bought by
Mita Eustace

Purchase Details

Closed on
Apr 30, 2004
Sold by
Bennett A Paul
Bought by
Mita Eustace W

Purchase Details

Closed on
Jul 16, 2001
Sold by
John P Shea Iii Estate
Bought by
Bennett A Paul

Purchase Details

Closed on
Jul 5, 1989
Sold by
Shea John P Decd Shea Iii,John P
Bought by
Shea John and Shea Karen
Source: Public Records

Range of Values:

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Average Value
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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
Atkinson Joseph C $2,000,000 --
Asplundh Keith $2,875,000 Congress Title
Mita Eustace -- --
Mita Eustace W $1,060,000 Congress Title Division
Bennett A Paul $600,000 --
Bennett A Paul $600,000 --
Shea John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atkinson Joseph C $1,600,000
Previous Owner Asplundh Keith $1,500,000
Previous Owner Asplundh Keith M $1,920,000
Previous Owner Asplundh Keith $1,920,000
Previous Owner Asplundh Keith $2,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2018 10/04/18 Sold $2,000,000 0.0% --
08/07/2018 08/07/18 Pending -- -- --
05/11/2018 05/11/18 Price Changed $1,999,900 -8.9% --
04/24/2018 04/24/18 For Sale $2,195,000 -- --
Source: South Jersey Shore Regional MLS

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 $25,751 $2,295,100 $800,000 $1,495,100
2024 $25,751 $2,295,100 $800,000 $1,495,100
2023 $24,581 $2,295,100 $800,000 $1,495,100
2022 $23,066 $2,295,100 $800,000 $1,495,100
2021 $17,121 $2,295,100 $800,000 $1,495,100
2020 $22,446 $2,295,100 $800,000 $1,495,100
2019 $22,194 $2,295,100 $800,000 $1,495,100
2018 $21,987 $2,295,100 $800,000 $1,495,100
2017 $21,643 $2,295,100 $800,000 $1,495,100
2016 $20,817 $2,295,100 $800,000 $1,495,100
2015 $20,541 $2,295,100 $800,000 $1,495,100
2014 $20,243 $2,295,100 $800,000 $1,495,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 504362

South Jersey Shore Regional MLS

APN: 08-02115-0000-00004