$5,100,000
SOLD SEP 5, 2013
5 Beds
6 Baths
4,341 Sq Ft
0.74 Acres

Recently Sold

$1,175 Per Sq Ft

7% Below List Price

Highlights

  • 125 Feet of Waterfront
  • Heated Pool and Spa
  • Deck
  • Ocean View
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of August 2017

Standing among the best homes ever built on LBI, the structure spans 92 feet along the beach allowing for all bedrooms, all living areas, pool & spa to front the ocean providing expansive surf and coastline views. Assembled by accomplished designers and craftsman using top end and custom components throughout with 5 bedrooms (3 suites), 4 full baths, 2 half baths, two story family room, library, great room with kitchen featured in design books, cherry floors, screen porch with grill center, enormous amount of oceanfront Ipe deck space, elevator, oversized garage, abundant parking, beautiful landscape, and more. The many accolades, such as CNBCs Top Ten Coolest Beach Homes, bestowed on this home speak to its integrity and appeal. Being sold furnished. An outstanding value that would be difficult to replicate at the asking price.

Last Agent to Sell the Property

Benee Scola

Benee Scola & Company, Realtors License #8736858 Listed on: 06/05/2013

Co-Listed By

Susan Blauvelt

Benee Scola & Company, Realtors License #8442686

Last Buyer's Agent

Benee Scola

Benee Scola & Company, Realtors License #8736858 Listed on: 06/05/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,470

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 125 x 258
  • 125 Feet of Waterfront
  • Ocean Front
  • Sprinkler System
  • Property is zoned R10, R10

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Fiberglass Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 4,341 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Central Vacuum
  • Partially Furnished
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Transom Windows
  • Casement Windows
  • Sliding Doors
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool and Spa
  • Concrete Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Deck
  • Screened Patio
  • Outdoor Grill
  • Porch

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 18-00020-0097-00005

Community Details

Overview

  • No Home Owners Association
  • Loveladies Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,470

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Reverse, Contemporary
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Remarks Public: Standing among the best homes ever built on LBI, the structure spans 92 feet along the beach allowing for all bedrooms, all living areas, pool & spa to front the ocean providing expansive surf and coastline views. Assembled by accomplished designers and craftsman using top end and custom components throughout with 5 bedrooms (3 suites), 4 full baths, 2 half baths, two story family room, library, great room with kitchen featured in design books, cherry floors, screen porch with grill center, enormous amount of oceanfront Ipe deck space, elevator, oversized garage, abundant parking, beautiful landscape, and more. The many accolades, such as CNBCs Top Ten Coolest Beach Homes, bestowed on this home speak to its integrity and appeal. Being sold furnished. An outstanding value that would be difficult to replicate at the asking price.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Dishwasher, Built-In Microwave, Central Vacuum, Dryer, Disposal, Refrigerator, Oven - Wall, Cooktop, Oven/Range - Gas
  • Flooring Type: Wood, Marble, Stone
  • Interior Amenities: Ceiling Fan(s), Breakfast Area, Window Treatments, Elevator, Floor Plan - Open, Soaking Tub, Walk-In Closet(s), Primary Bath(s)
  • Window Features: Casement, Skylights, Transom
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Room Count: 18
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4341
  • Living Area Sq Ft: 4341
  • Price Per Sq Ft: 1265.84
  • Above Grade Finished Sq Ft: 4341
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 87-E

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Hot Tub, Lawn Sprinkler, Outside Shower, Bbq Grill
  • Pool Features: Concrete, Pool/Spa Combo, Heated
  • Roof: Fiberglass
  • View: Water, Ocean, Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 125

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Oversized, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • 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

  • Improvement Assessed Value: 1076100.00
  • Land Assessed Value: 3012500.00
  • Lot Dimensions: 125 x 258
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning: R10
  • Zoning Description: R10

Building Info

  • Building Features: Security System

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 36470.00
  • Assessor Parcel Number: 18-00020-0097-00005
  • Tax Lot: 5
  • Tax Year: 2012
  • Close Date: 09/05/2013

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2017
Closed on
Aug 2, 2017
Sold by
Donoma Development Co
Bought by
Dibiasi Thomas S and Dibiasi Patricia A
Seller's Agent
Benee Scola
Benee Scola & Company, Realtors
Buyer's Agent
Alicia Marzarella
BHHS Zack Shore REALTORS
List Price
$5,195,000
Sold Price
$5,010,000
Premium/Discount to List
-$185,000
-3.56%
Current Estimated Value
$5,913,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$903,053
Avg. Annual Appreciation
1.53%

Purchase Details

Listed on
Jun 5, 2013
Closed on
Aug 30, 2013
Sold by
Hughes Daniel J and Hughes Beth A
Bought by
Donoma Development Co
Seller's Agent
Benee Scola
Benee Scola & Company, Realtors
Buyer's Agent
Benee Scola
Benee Scola & Company, Realtors
List Price
$5,495,000
Sold Price
$5,100,000
Premium/Discount to List
-$395,000
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.45%
Original Mortgage
$4,080,000
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2012
Sold by
Hughes Daniel J
Bought by
Hughes Daniel J and Hughes Beth A

Purchase Details

Closed on
May 15, 2002
Sold by
Yao Andrew
Bought by
Hughes Daniel

Purchase Details

Closed on
Sep 17, 1997
Sold by
Ray Family Partnership
Bought by
Yao Andrew N and Yao Lore N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
7.47%
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 Type Sale Price Title Company
Deed $5,010,000 Guardian Title
Deed $4,800,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- Infinity Title Agency Inc
Deed $2,352,000 --
Deed $1,125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,080,000 Purchase Money Mortgage
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $2,500,000 Credit Line Revolving
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $787,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $5,010,000 -3.6% $1,154 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $5,195,000 +1.9% $1,197 / Sq Ft
09/05/2013 09/05/13 Sold $5,100,000 -7.2% $1,175 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $5,495,000 -- $1,266 / 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 $45,839 $5,133,100 $3,300,000 $1,833,100
2024 $45,531 $5,133,100 $3,300,000 $1,833,100
2023 $42,707 $5,133,100 $3,300,000 $1,833,100
2022 $42,707 $5,133,100 $3,300,000 $1,833,100
2021 $41,373 $5,133,100 $3,300,000 $1,833,100
2020 $40,661 $4,090,600 $3,012,500 $1,078,100
2019 $41,029 $4,090,600 $3,012,500 $1,078,100
2018 $39,802 $4,090,600 $3,012,500 $1,078,100
2017 $40,006 $4,090,600 $3,012,500 $1,078,100
2016 $40,333 $4,090,600 $3,012,500 $1,078,100
2015 $40,292 $4,090,600 $3,012,500 $1,078,100
2014 $39,311 $4,090,600 $3,012,500 $1,078,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC240734

Bright MLS

APN: 18-00020-97-00005