NOT LISTED FOR SALE

Estimated Value: $18,454,941

3 Beds
6.5 Baths
5,396 Sq Ft
$3,420/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $7,050,000 $1,307 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $118,806/month

1 Day on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Formal Dining Room
  • Gunite Pool
  • Breakfast Area or Nook
  • Walk-In Closet

About This Home

As of July 2015

570 x 160 of ocean to intracoastal property in Manalapan. Great opportunity to remodel current home or tear down and build your dream home. Dock on Intracoastal side and beach cabana on the ocean.

Last Listed By

Jack Elkins

William Raveis Real Estate License #3226762 Listed on: 07/08/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $89,069

Year Built

  • Built in 1969

Lot Details

  • Ocean Front
  • East Facing Home
  • Property is zoned R1B

Parking

  • 2 Car Garage

Interior Spaces

  • 5,396 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Gunite Pool
  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Manalapan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42434510010000092

Home Details

Home Type

Single Family

Est. Annual Taxes

$89,069

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Ocean Blvd
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Wood
  • Living Area: 5396.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2

Exterior Features

  • Pool Features: Gunite, Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 42434510010000092
  • Zoning Description: R1B

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 89069.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Jul 7, 2015
Sold by
Steinberg Robert
Bought by
Mgm Designs Llc
Seller's Agent
Jack Elkins
William Raveis Real Estate
Buyer's Agent
Jack Elkins
William Raveis Real Estate
List Price
$8,000,000
Sold Price
$7,050,000
Premium/Discount to List
-$950,000
-11.88%
Total Days on Market
1
Current Estimated Value
$18,454,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,404,941
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
Mar 5, 2013
Sold by
Myers Beverly J
Bought by
Steinberg Robert and The Robert Steinberg Living Trust

Purchase Details

Closed on
Dec 8, 2011
Sold by
Myers Herbert J and Myers Beverly J
Bought by
Myers Herbert J

Purchase Details

Closed on
Jun 15, 2001
Sold by
Herbert J Myers I
Bought by
Myers Herbert J Trust

Range of Values:

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Average Value
Not Available
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
Mgm Designs Llc $7,050,000 Attorney
Steinberg Robert $5,755,000 Attorney
Myers Herbert J -- Attorney
Myers Herbert J Trust -- --
Myers Herbert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mgm Design Llc $5,285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $7,050,000 -11.9% $1,307 / Sq Ft
07/08/2015 07/08/15 For Sale $8,000,000 -- $1,483 / Sq Ft
Source: BeachesMLS

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
2024 $191,991 $8,345,370 -- --
2023 $169,103 $7,586,700 $0 $0
2022 $144,998 $6,897,000 -- --
2021 $107,404 $6,846,200 $6,846,200 $0
2020 $95,003 $5,700,000 $5,700,000 $0
2019 $101,110 $6,000,000 $6,000,000 $0
2018 $100,078 $6,181,464 $6,181,464 $0
2017 $110,463 $6,787,951 $6,060,259 $727,692
2016 $109,030 $6,509,038 $0 $0
2015 $97,739 $5,502,569 $0 $0
2014 -- $5,002,335 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS

MLS Number: R10150124

BeachesMLS

APN: 42-43-45-10-01-000-0092