NOT LISTED FOR SALE

956 Lagoon Ln S Mantoloking, NJ 08738

Estimated Value: $5,123,027 - $6,911,000

5 Beds
4.5 Baths
4,403 Sq Ft
$1,303/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $3,500,000 $795 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $32,909/month

135 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Custom Home
  • G Harold Antrim Elementary School Rated A-
  • In Ground Pool
  • Marble Flooring

About This Home

As of July 2020

This is an opportunity to acquire one of the most coveted properties on South Lagoon Lane... High end appointments throughout, quality workmanship and attention to detail this home exudes. This five bedroom, four and a half bath Shingle style home offers old world charm and the amenities of today (recently renovated). A great home for entertaining offering generous open spaces, located on a sprawling 182ft deep lot overlooking the Barnegat Bay & Metedeconk River. Located only two blocks to Private South Beach, a short distance to the Mantoloking & Bay Head Yacht Clubs, center of town, and train make this the ideal location. This is truly a masterpiece in architectural design and craftsmanship.

Last Agent to Sell the Property

Lawrence Greenberg

M. Van Sciver REALTORS License #1003712 Listed on: 01/15/2020

Last Buyer's Agent

James Dalton

Donnelly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,541

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 50 x 182
  • Property Fronts a Bay or Harbor

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Custom Home
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 4,403 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Home Gym
  • Water Views
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Bulkhead
  • Docks

Schools

  • Antrim Elementary School
  • Memorial Middle School
  • Point Pleasant Beach High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20-00019-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,541

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayfront, Bulkhead
  • ResoPoolFeatures: Gunite, In Ground
  • Subdivision Name: None
  • Architectural Style: Custom, Detached
  • Reso Flooring: Marble, Tile, Wood
  • Year Built: 1995
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 182
  • General Property Info Farm: No
  • Location Middle School: Memorial
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 1.0
  • Foyer Two Story: Yes
  • Exterior Dock: Yes
  • Floors Tile: Yes
  • Foyer Floor - Marble: Yes
  • Floors Marble: Yes
  • PoolGunite: Yes
  • Lot Description Bayfront2: Yes
  • Siding Wood2: Yes
  • Rooms Exercise Room2: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Crawl Space: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Great Room: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Waterfront: Yes
  • Exterior Features: Dock
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 50 x 182
  • Parcel #: 20-00019-0000-00014
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 23541.0

MLS Schools

  • Elementary School: Antrim
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Jul 27, 2020
Sold by
Frazier Thomas G and Frazier Carol G
Bought by
Keeley Michael and Keeley Elizabeth
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
James Dalton
Donnelly Real Estate
List Price
$3,995,000
Sold Price
$3,500,000
Premium/Discount to List
-$495,000
-12.39%
Current Estimated Value
$5,735,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,235,009
Avg. Annual Appreciation
9.94%
Original Mortgage
$2,625,000
Outstanding Balance
$2,332,859
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$3,402,150

Purchase Details

Closed on
May 26, 2004
Sold by
Nichols Frank M and Nichols Grace E
Bought by
Frazier Thomas G and Frazier Carol G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 1994
Sold by
Schiller Elizabeth
Bought by
Nichols Frank and Nichols Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6.9%
Mortgage Type
FHA
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
Keeley Michael $3,500,000 Westcor Land Title Ins Co
Frazier Thomas G $3,200,000 None Available
Nichols Frank $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keeley Michael $2,625,000
Previous Owner Frazier Thomas G $1,000,000
Previous Owner Nichols Frank $109,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2020 07/27/20 Sold $3,500,000 -5.4% $795 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/15/2020 05/15/20 Price Changed $3,699,000 -7.4% $840 / Sq Ft
01/15/2020 01/15/20 For Sale $3,995,000 -- $907 / Sq Ft
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 $30,030 $3,500,000 $1,843,300 $1,656,700
2024 $28,560 $3,500,000 $1,843,300 $1,656,700
2023 $24,500 $3,500,000 $1,843,300 $1,656,700
2022 $24,500 $3,500,000 $1,843,300 $1,656,700
2021 $24,615 $3,500,000 $1,843,300 $1,656,700
2020 $25,660 $3,604,000 $1,843,300 $1,760,700
2019 $23,541 $3,353,400 $1,843,300 $1,510,100
2018 $22,826 $3,298,600 $1,843,300 $1,455,300
2017 $22,991 $3,298,600 $1,843,300 $1,455,300
2016 $22,892 $3,298,600 $1,843,300 $1,455,300
2015 $22,529 $3,298,600 $1,843,300 $1,455,300
2014 $20,682 $3,298,600 $1,843,300 $1,455,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22001792

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00019-0000-00014