1 Park Place Ocean, NJ 07712
Wanamassa Neighborhood
3
Beds
4.5
Baths
2,370
Sq Ft
0.42
Acres
Highlights
- Water Views
- Dutch Colonial Architecture
- No HOA
- Deck
- Wood Flooring
- Oversized Lot
About This Home
As of August 2024Welcome to 1 Park Place. This lovely property sits on almost 1/2 acre & is located in Colonial Terrace, in close proximity to Asbury Park & its exciting downtown & beautiful beaches. This 3 bed / 4.5 bath Dutch Colonial offers a perfect blend of classic charm and modern luxury. You're greeted by a sun-filled, open plan front hall, dining & living room w/ coffered ceilings, gas fireplace & hardwood floors. The custom kitchen w/ center island is a chef's dream + the adjacent family room has a wall of French doors leading to the huge, private back yard & pool. Upstairs you'll find 2 generous bedrooms + bathroom, as well as a luxurious primary w/ walk-in closet, custom bathroom w/ double vanities & a huge shower. The finished basement offers a den/media room, bathroom & laundry. Don't miss! Plus outside you'll find a 2-car garage, pool cabana w/ shower and lovely views of Deal Lake.
Last Agent to Sell the Property
Space & Company License #0901876 Listed on: 05/29/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,257
Year Built
- Built in 1931
Lot Details
- 0.42 Acre Lot
- Lot Dimensions are 198 x 93
- Fenced
- Oversized Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Dutch Colonial Architecture
- Asphalt Rolled Roof
- Clap Board Siding
- Vinyl Siding
- Clapboard
Interior Spaces
- 2,370 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet on the upper level
- Gas Fireplace
- Blinds
- French Doors
- Water Views
- Home Security System
- Washer
- Finished Basement
Kitchen
- Gas Cooktop
- Stove
- Portable Range
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
Pool
- Pool Equipment Stays
- Gunite Pool
Outdoor Features
- Deck
Utilities
- Central Air
- Heating System Uses Oil Above Ground
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 37-00140-13-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2024
Closed on
Aug 16, 2024
Sold by
Soileau Michael D and Ude Thomas
Bought by
Perabo Noah and Perabo Meredith
Seller's Agent
Dominic Barty-King
Space & Company
Buyer's Agent
Sonja O'Brien
O'Brien Realty, LLC
List Price
$1,499,000
Sold Price
$1,437,500
Premium/Discount to List
-$61,500
-4.1%
Total Days on Market
58
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,786
Avg. Annual Appreciation
-2.38%
Original Mortgage
$300,000
Outstanding Balance
$182,896
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$1,228,819
Purchase Details
Closed on
Aug 31, 2015
Sold by
Pallateri Robert and Gardarin Denis
Bought by
Soileau Michael D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 15, 2005
Sold by
Klumpp Irving
Bought by
Pallateri Robert and Gardarin Denis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 3, 1996
Sold by
Delcollo Michael
Bought by
Klumpp Irving and Klummp Sally
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
8.28%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,437,500 | Scott Title Services | |
| Deed | $630,000 | Mid State Abstract Co | |
| Deed | $625,000 | -- | |
| Deed | $220,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Open | $993,750 | New Conventional | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $435,000 | New Conventional | |
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $504,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $62,500 | Credit Line Revolving | |
| Previous Owner | $500,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $207,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2024 08/29/24 | Sold | $1,437,500 | -4.1% | $607 / Sq Ft |
| 07/26/2024 07/26/24 | Pending | -- | -- | -- |
| 05/29/2024 05/29/24 | For Sale | $1,499,000 | 0.0% | $632 / Sq Ft |
| 01/15/2013 01/15/13 | Rented | $7,500 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $14,257 | $926,600 | $536,000 | $390,600 |
| 2023 | $14,257 | $915,700 | $536,000 | $379,700 |
| 2022 | $11,399 | $769,100 | $407,600 | $361,500 |
| 2021 | $11,399 | $569,100 | $315,000 | $254,100 |
| 2020 | $11,431 | $563,400 | $315,000 | $248,400 |
| 2019 | $11,698 | $563,500 | $272,000 | $291,500 |
| 2018 | $11,305 | $530,000 | $252,000 | $278,000 |
| 2017 | $10,913 | $509,700 | $247,000 | $262,700 |
| 2016 | $11,112 | $466,500 | $231,800 | $234,700 |
| 2015 | $10,058 | $427,800 | $221,800 | $206,000 |
| 2014 | $10,420 | $443,900 | $247,000 | $196,900 |
Source: Public Records
Agents Affiliated with this Home
-
Dominic Barty-King
Seller's Agent in 2024
Dominic Barty-King
Space & Company
(732) 776-7078
5 in this area
62 Total Sales
-
Sonja O'Brien
Buyer's Agent in 2024
Sonja O'Brien
O'Brien Realty, LLC
(732) 832-5737
2 in this area
15 Total Sales
-
G
Buyer's Agent in 2013
Gregory Demaras
ERA Central Realty Group
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22414942
APN: 37-00140-13-00003
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