NOT LISTED FOR SALE

Estimated Value: $822,086 - $1,185,000

5 Beds
3 Baths
-- Sq Ft
3,311 Sq Ft Lot

Last Sold October 23, 2015

Last sale price $505,000

Est. 102% increase in value since last sale

Current estimated payment $6,328/month

143 Days on Market

Highlights

  • Water Views
  • Screened Porch
  • Multiple cooling system units
  • Oceanside
  • 1 Car Detached Garage
  • Storage

About This Home

As of October 2015

Opportunity knocks with this two family home lovingly cared for by the same owners for almost 40 years. Right across from the ocean this home is great to live in one and rent the other. First floor features 2 bedrooms and large kitchen area and bath and a half. Lots of closet space. Enclosed back porch with outside shower. Second floor features 3 bedrooms, and a washer and dryer. Beautiful enclosed sunroom with spectacular views of the ocean. Another outside shower for this unit. Private entrances for both units. Large Garage/Shed in the back for storage. Most furniture included. No flood damage at all to this property. Don't miss this one!

Last Agent to Sell the Property

Vanessa Stefanics

RE/MAX Tri County Brokerage Email: remaxtricountynj@gmail.com License #9694852 Listed on: 03/23/2015

RE/MAX Tri County

Last Buyer's Agent

Linda Catania

Weichert Realtors-Toms River License #0789377

Weichert Realtors-Toms River

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,153

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 33 x 100

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Screened Porch
  • Storage
  • Water Views

Outdoor Features

  • Oceanside
  • Exterior Lighting
  • Shed

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 28-00070-0000-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,153

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Attribution Contact: remaxtricountynj@gmail.com
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet
  • Reso Interior Features: Locked Storage
  • New Construction: No
  • Year Built: 1940
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 33 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Porch - Screened: Yes
  • Cooling Multi Units: Yes
  • Exterior Shed3: Yes
  • Interior Locked Storage: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exterior Features: Porch - Screened, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: On Street, Detached
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 33 x 100
  • Parcel #: 28-00070-0000-00015

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6153.0
  • Tax Other Annual Assessment Amount: 470400.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
Oct 23, 2015
Sold by
Pappano Nicholas A
Bought by
Farrell John and Farrell Maureen
Seller's Agent
Vanessa Stefanics
RE/MAX Tri County
Buyer's Agent
Linda Catania
Weichert Realtors-Toms River
Sold Price
$505,000
Total Days on Market
143
Current Estimated Value
$1,018,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,772
Avg. Annual Appreciation
7.56%
Original Mortgage
$378,750
Outstanding Balance
$302,756
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$716,016

Purchase Details

Closed on
Aug 2, 1976
Bought by
Pappano Margaret
Source: Public Records

Range of Values:

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Average Value
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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
Farrell John $505,000 Counsellors Title Agency Inc
Pappano Margaret $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell John $378,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $505,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $7,569 $470,400 $342,000 $128,400
2023 $7,301 $470,400 $342,000 $128,400
2022 $7,301 $470,400 $342,000 $128,400
2021 $7,145 $470,400 $342,000 $128,400
2020 $7,070 $470,400 $342,000 $128,400
2019 $6,995 $470,400 $342,000 $128,400
2018 $6,539 $470,400 $342,000 $128,400
2017 $6,637 $470,400 $342,000 $128,400
2016 $6,172 $470,400 $342,000 $128,400
2015 $6,440 $470,400 $342,000 $128,400
2014 $6,153 $470,400 $342,000 $128,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21510253

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 28-00070-0000-00015