NOT LISTED FOR SALE

1007 16th Ave Belmar, NJ 07719

Estimated Value: $503,000 - $565,000

2 Beds
1 Bath
576 Sq Ft
$930/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $230,000 $399 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,303/month

51 Days on Market

Highlights

  • Level Lot
  • Heating System Uses Natural Gas
  • 1-Story Property

About This Home

As of October 2015

2 houses on one property. Back house rented with great tenants who would like to stay. Front house needs some work. Motivated Seller.

Last Agent to Sell the Property

Carol Beck

Keller Williams Realty East Monmouth Listed on: 06/14/2015

Last Buyer's Agent

Matthew Mastrorilli

Providence Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,808

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 50 x 140
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Walkup Attic
  • Washer and Dryer Hookup

Parking

  • No Garage
  • Off-Street Parking

Schools

  • Belmar Middle School

Utilities

  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water, yard maintenance, water, snow removal, heat, gas, electricity
  • The owner pays for sewer
  • Assessor Parcel Number 07-00223-0000-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,808

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Interior Features: Attic - Walk Up
  • Year Built: 1941
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 140
  • Location Middle School: Belmar
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Interior Attic - Walk Up: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Stories: 1
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 140
  • Parcel #: 07-00223-0000-00003
  • Zoning Description: Multi-Family, Conforming Use

Rental Info

  • Tenant Pays: Hot Water, Yard Maintenance, Water, Snow Removal, Heat, Gas, Electricity
  • Owner Pays: Sewer

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3808.0
  • Tax Other Annual Assessment Amount: 196800.0

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2015
Closed on
Sep 30, 2015
Sold by
Stout Lauren
Bought by
Guerriero Thomas and Guerriero Suzanne P
Seller's Agent
Carol Beck
Keller Williams Realty East Monmouth
Buyer's Agent
Matthew Mastrorilli
Providence Realty Group, LLC
Sold Price
$230,000
Current Estimated Value
$535,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,433
Avg. Annual Appreciation
9.07%

Purchase Details

Closed on
Dec 18, 2002
Sold by
Witting William
Bought by
Sokol Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.95%

Purchase Details

Closed on
May 1, 2001
Sold by
Madison Frank
Bought by
Witting William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Guerriero Thomas $230,000 Oceanview Title Agency Llc
Sokol Michael $253,000 --
Witting William $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sokol Michael $400,000
Previous Owner Sokol Michael $100,000
Previous Owner Sokol Michael $174,000
Previous Owner Witting William $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $230,000 -- $399 / Sq Ft
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 $3,857 $274,300 $193,500 $80,800
2023 $3,857 $274,300 $193,500 $80,800
2022 $3,722 $274,300 $193,500 $80,800
2021 $3,722 $274,300 $193,500 $80,800
2020 $3,689 $274,300 $193,500 $80,800
2019 $3,689 $274,300 $193,500 $80,800
2018 $3,388 $274,300 $193,500 $80,800
2017 $3,305 $274,300 $193,500 $80,800
2016 $3,589 $187,800 $78,800 $109,000
2015 $3,431 $178,800 $69,800 $109,000
2014 $3,808 $196,800 $87,800 $109,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Carol Beck

    Keller Williams Realty East Monmouth

  • M

    Buyer's Agent in 2015

    Matthew Mastrorilli

    Providence Realty Group, LLC

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21523305

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00223-0000-00003

New Jersey Monmouth County Belmar 07719

1007 16th Ave, Belmar, NJ

This home is located at 1007 16th Ave, Belmar, NJ 07719 since 14 June 2015 and is currently estimated at $535,433, approximately $929 per square foot. This property was built in 1941. 1007 16th Ave is a home located in Monmouth County with nearby schools including Belmar Elementary School, St. Rose Grammar School, and St Rose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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