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$515,000

Beds
4
Baths
2.5
sq ft
1,674

514 Mermaid Dr, Manahawkin, NJ 08050

514 Mermaid Dr

BARNEGAT, NJ 08005

  • 27 days on market
    • Price drop $10,000↓
Welcome to this traditional style newer construction home built in 2022. Ocean acres is a very desirable and sought after community minutes from LBI, Seaside heights and Point Pleasant. Walking in from the front door you will be greeted with a large family room that opens to the modern kitchen and dining area. The bright and open layout allows for a great flow of space. Off from the kitchen you have a sliding back door that leads to the large backyard with a beautiful and very private area backing to trees. This is a great space for building your perfect backyard, ready for anything. The perimeter of the property includes an electric fence with collars included, for anyone who may have a dog. Leading down the hall from the kitchen is a powder room and a large closet for storage. Walking further down the hallway is the oversized 2 car garage. Heading up to the second level you will find the master bedroom and bathroom with a large walk-in closet. The master bath features two vanities along with a large glass walk in shower. Leaving the master suite area you will find the large walk in laundry room with an oversized washer and dryer for convenience. Further down the hall welcomes 3 more bedrooms and a full bathroom. As you can see, this house has so much potential and is ready and waiting for a new owner to make it their own. Don't miss this opportunity to have a newer built home without the wait. Call for a showing today.

Details

Property type

Single Family Residence

Est. home value

$521,615

Lot size

8,999 sq ft

Price per sq ft

$308

Year built

2022

Annual property taxes

$7,175

HOA

No

Price History

06/24/2024

Bright #NJOC2026366

Price change
$515,000
-1.9%
06/07/2024

Bright #NJOC2026366

Listed
$525,000
+13.34%
04/26/2022

Bright #NJOC2005866

Sold
$463,195

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$462,845
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$10,955
Cash to seller
$462,845

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2023

Original loan amount

$11,034

Est. remaining balance

$10,955

Interest rate

7.09%

Loan type

FHA, 29 year

Seller

Russell Lawrence Moore and Serena Kay Blountan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/04/2024 at 2:40 PM

Listing updated: 06/24/2024 at 10:04 PM

Listed by: Pamela Ann Pulsinelli, RE/MAX Properties - Newtown Phone #: (215) 968-7400

MLS: Bright #NJOC2026366

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