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106 Teakwood Drive

106 Teakwood Drive, Brick, NJ 08723
Property in Ocean
Sold Jul 31, 2023
$200,000
$195,000 by Manasquan Bank
Mortgage Due Nov 03, 2053
Sold May 16, 2003
$137,500
$110,000 by Washington Mutual Bank
Mortgage
Local assessors in Brick, NJ have categorized 106 Teakwood Drive as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 10,125 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 810 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 106 Teakwood Drive has a total of 752 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 106 Teakwood Drive sold most recently in Jul 12, 2023 for a total of $200,000. If you work out the math, that's approximately a cost of $265.96 per sqft. Before that, the property was also sold for $137,500 in Mar 19, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,117 in taxes each year. 106 Teakwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $169,900. If we break it down further, the land itself was valued at $122,200. Improvements to the property, however, were assessed at a total of $47,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 810
  • Total Building Area: 752
  • Building Area: 752
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 752
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PRISCO MICHAEL
  • Current Owner 2: PRISCO CHRISTEN
  • Previous Owner : RASCH DAVID
  • Previous Owner 2: VASEN ARTHUR
  • Owner Before Previous Owner: HARKER CLINTON
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713402

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 41.1
  • Account Number: 00413188
  • District: 07
  • Parcel: 07 00701- 09-00005
  • Block: 701.09
  • Lot: 5
  • Municipality: BRICK TWP
  • Latitude: 40.064
  • Longitude: -74.1502

    Address

  • Full Address: 106 Teakwood Dr
  • Address - House Number: 106
  • Address - Street Name: Teakwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C023
  • 4-Digit Zip Code: 3415
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,117

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 320,328
  • High Value: 382,310
  • Low Value: 258,346

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: MANASQUAN BANK
  • First Open Lien Mortgage Recording Date: Nov 03, 2023
  • First Open Lien Mortgage Loan Amount: $195,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 03, 2053

    Market Valuation

  • Market Total Value: $169,900
  • Market Land Value: $122,200
  • Market Improvement Value: $47,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,900
  • Assessed Land Value: $122,200
  • Assessed Improvements Value: $47,700

    Sales

  • Current Sale Contract Date: Jul 12, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Transaction ID: 11910447280
  • Current Sale Price: $200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 56928
  • Previous Sale Recording Date: May 16, 2003
  • Previous Sale Contract Date: Mar 19, 2003
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: May 16, 2003
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 360

About Ocean



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Frequently Asked Questions

What neighborhood is 106 Teakwood Drive located in?
The 106 Teakwood Drive is a located in the neighborhood of Ocean in Ocean, Brick.
What is the average sales price for listings in 106 Teakwood Drive?
The average sales price for units in 106 Teakwood Drive is $0 currently.

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