NOT LISTED FOR SALE

8408 Bay Terrace Harvey Cedars, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $2,132,000 - $2,672,000

3 Beds
2.5 Baths
2,586 Sq Ft
$914/Sq Ft Est. Value

Last Sold January 09, 2015

Last sale price $1,043,500 $404 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $13,568/month

Highlights

  • 91 Feet of Waterfront
  • Home fronts a lagoon or estuary
  • Open Floorplan
  • 1 Boat Dock
  • Bay View
  • Deck

About This Home

As of January 2015

Located on very wide Kinsey Creek with 91 feet of vinyl bulkheaded dockage and huge bay views this property also includes a bayfront dock with gazebo! Nestled on the north end of Bay Terrace, the home was designed by architect David Sellers, cited by Architectural Digest as one of the top 100 architects in the world. Stylish and timeless, the house features many custom ship-like built ins, genuine terra cotta floor and bath tiles, wood floors, loft style master bedroom suite, family room with copper wet bar, wood burning double sided fireplace, abundant deck space, screened in balcony, and water views from every room. If you appreciate distinctive architecture and superior waterfront locations, then this warrants consideration as a bayfront lifestyle in a "cool" house provided at a lagoonfront price.

Last Agent to Sell the Property

Benee Scola

(609) 494-0077 benee@beneescola.com Benee Scola & Company, Realtors License #8736858 Listed on: 08/08/2014

Co-Listed By

Susan Blauvelt

(609) 494-0077 susan@beneescola.com Benee Scola & Company, Realtors License #8442686

Last Buyer's Agent

Benee Scola

(609) 494-0077 benee@beneescola.com Benee Scola & Company, Realtors License #8736858 Listed on: 08/08/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,521

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 91 x 82 x 88 x 41
  • Home fronts a lagoon or estuary
  • 91 Feet of Waterfront
  • Cul-De-Sac
  • 19.01

Parking

  • Attached Carport

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,586 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Double Sided Fireplace
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Casement Windows
  • French Doors
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Down Draft Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Riparian Grant
  • Bulkhead
  • 1 Boat Dock
  • Private Dock
  • Deck
  • Screened Patio
  • Porch

Additional Features

  • Flood Risk
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Harvey Cedars Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 10-00062-0000-00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,521

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Remarks Public: Located on very wide Kinsey Creek with 91 feet of vinyl bulkheaded dockage and huge bay views this property also includes a bayfront dock with gazebo! Nestled on the north end of Bay Terrace, the home was designed by architect David Sellers, cited by Architectural Digest as one of the top 100 architects in the world. Stylish and timeless, the house features many custom ship-like built ins, genuine terra cotta floor and bath tiles, wood floors, loft style master bedroom suite, family room with copper wet bar, wood burning double sided fireplace, abundant deck space, screened in balcony, and water views from every room. If you appreciate distinctive architecture and superior waterfront locations, then this warrants consideration as a bayfront lifestyle in a "cool" house provided at a lagoonfront price.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Stove, Dishwasher, Washer, Built-In Microwave, Cooktop - Down Draft
  • Flooring Type: Fully Carpeted, Wood, Tile/Brick
  • Interior Amenities: Wet/Dry Bar, Entry Level Bedroom, Window Treatments, Floor Plan - Open, Ceiling Fan(s), Pantry, Kitchen - Island, Breakfast Area, Primary Bath(s), Walk-In Closet(s)
  • Window Features: Casement, Insulated
  • Fireplace Features: Double Sided, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Foundation Details: Pilings
  • Levels Count: 3+
  • Room Count: 10
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2586
  • Living Area Sq Ft: 2586
  • Price Per Sq Ft: 464.04
  • Above Grade Finished Sq Ft: 2586
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8408

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Shake Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Flat
  • View: Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 91

Garage/Parking

  • Garage: No
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 19.01
  • Improvement Assessed Value: 458053.00
  • Land Assessed Value: 649285.00
  • Lot Features: Cul-De-Sac, Bulkheaded
  • Lot Dimensions: 91 x 82 x 88 x 41
  • Outdoor Living Structures: Deck(s), Porch(es), Patio(s), Screened
  • Zoning: RES
  • Zoning Description: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2941125
  • Tax Annual Amount: 8521.00
  • Assessor Parcel Number: 10-00062-0000-00019
  • Tax Lot: 19
  • Tax Year: 2012
  • Close Date: 01/09/2015

Multi Family

  • Waterfront Features: Riparian Grant

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2014
Closed on
Jan 8, 2015
Sold by
Kuby Donna B and Kuby Michael J
Bought by
Budd Michael and Vatalaro Mary Ellen
Seller's Agent
Benee Scola
Benee Scola & Company, Realtors
Buyer's Agent
Benee Scola
Benee Scola & Company, Realtors
List Price
$1,200,000
Sold Price
$1,043,500
Premium/Discount to List
-$156,500
-13.04%
Current Estimated Value
$2,363,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,320,187
Avg. Annual Appreciation
7.90%
Original Mortgage
$500,000
Outstanding Balance
$169,793
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,193,894

Purchase Details

Closed on
Dec 31, 2009
Sold by
Kuby Sandra
Bought by
Kuby Sandra and The Sandra Kuby Qualified Personal Resid
Source: Public Records

Range of Values:

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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
Budd Michael $1,043,500 None Available
Kuby Sandra -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budd Michael $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2015 01/09/15 Sold $1,043,500 -13.0% $404 / Sq Ft
11/16/2014 11/16/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $1,200,000 -- $464 / Sq Ft
Source: Bright 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 $11,842 $1,184,300 $617,600 $566,700
2024 $10,347 $1,052,600 $617,600 $435,000
2023 $10,179 $1,052,600 $617,600 $435,000
2022 $10,179 $1,052,600 $617,600 $435,000
2021 $9,894 $1,052,600 $617,600 $435,000
2020 $9,768 $1,052,600 $617,600 $435,000
2019 $9,642 $1,052,600 $617,600 $435,000
2018 $9,863 $1,052,600 $617,600 $435,000
2017 $10,042 $1,052,600 $617,600 $435,000
2016 $10,431 $1,052,600 $617,600 $435,000
2015 $10,410 $1,052,600 $617,600 $435,000
2014 $9,964 $1,053,300 $617,600 $435,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Benee Scola

    Benee Scola & Company, Realtors

    (609) 494-0077

    106 in this area

    106 Total Sales

    Benee Scola
    Section Image
  • Susan Blauvelt

    Seller Co-Listing Agent in 2015

    Susan Blauvelt

    Benee Scola & Company, Realtors

    (609) 494-0077

    Susan Blauvelt
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJOC226530

Bright MLS

APN: 10-00062-0000-00019

New Jersey Ocean County Harvey Cedars 08008 Long Beach Island

8408 Bay Terrace, Harvey Cedars, NJ

This home is located at 8408 Bay Terrace, Harvey Cedars, NJ 08008 since 08 August 2014 and is currently estimated at $2,363,687, approximately $914 per square foot. This property was built in 1987. 8408 Bay Terrace is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

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