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818 Wave Drive

818 Wave Drive, Forked River, NJ 08731
Property in Ocean
Sold Aug 16, 2005
$500,000
$210,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2035
Sold Jun 13, 1997
$170,000
$100,000 by Ocean Federal Savings & Loan
Mortgage
Local assessors in Forked River, NJ have categorized 818 Wave Drive as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 7,055 square feet. The linear feet between the front and back of the lot was measured at 850 ft and the front of the lot was measured at 830 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, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 818 Wave Drive has a total of 1,388 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. The property was last sold in Jul 27, 2005 for $500,000. That's $360.23 per sqft. Prior to that sales transaction, the property was also sold in May 30, 1997 for $170,000. 818 Wave Drive was last assessed in 2023. The total value of the property was assessed at $380,000. Specifically, the land the property is located on was valued at $278,400. While improvements on the property were assessed at a total of $101,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,599. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,055
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,388
  • Building Area: 1,388
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,388
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WHEELER MICHAEL
  • Current Owner 2: WHEELER KATRINA
  • Previous Owner : AMATO LOUIS A
  • Previous Owner 2: AMATO CHRISTINE
  • Owner Before Previous Owner: GREGOR THOMAS C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732103

Zoning

  • Zoning: R75A

Geography

  • Assessors Map Reference: TAX MAP 28
  • Account Number: 00035097
  • District: 13
  • Parcel: 13 00372-0000-00018
  • Block: 372
  • Lot: 18
  • Municipality: LACEY TWP
  • Latitude: 39.8411
  • Longitude: -74.1505

    Address

  • Full Address: 818 Wave Dr
  • Address - House Number: 818
  • Address - Street Name: Wave
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R002
  • 4-Digit Zip Code: 3012
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,599

    Appraisal Valuation

  • Standard Deviation: 0.211
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 672,027
  • High Value: 813,835
  • Low Value: 530,218

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 16, 2005
  • First Open Lien Mortgage Loan Amount: $210,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035
  • Second Open Lien Mortgage Lender: SPENCER SAVINGS BANK
  • Second Open Lien Mortgage Recording Date: Dec 27, 2006
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Dec 27, 2036
  • Third Open Lien Mortgage Lender: SPENCER SAVINGS BANK
  • Third Open Lien Mortgage Recording Date: Sep 06, 2007
  • Third Open Lien Mortgage Loan Amount: $50,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Sep 06, 2037

    Market Valuation

  • Market Total Value: $380,000
  • Market Land Value: $278,400
  • Market Improvement Value: $101,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $380,000
  • Assessed Land Value: $278,400
  • Assessed Improvements Value: $101,600

    Sales

  • Current Sale Contract Date: Jul 27, 2005
  • Current Sale Recording Date: Aug 16, 2005
  • Current Sale Transaction ID: 1192585100
  • Current Sale Price: $500,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2005147724
  • Previous Sale Recording Date: Jun 13, 1997
  • Previous Sale Contract Date: May 30, 1997
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 16, 2005
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Aug 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: OCEAN FEDERAL SAVINGS & LOAN
  • Previous Mortgage Transaction Date: Jun 13, 1997
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360

About Ocean



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Frequently Asked Questions

What neighborhood is 818 Wave Drive located in?
The 818 Wave Drive is a located in the neighborhood of Ocean in Ocean, Forked River.
What is the average sales price for listings in 818 Wave Drive?
The average sales price for units in 818 Wave Drive is $0 currently.

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