NOT LISTED FOR SALE

1017 Summerfield Ave Unit 1st Floor Asbury Park, NJ 07712

Estimated Value: $696,000 - $955,000

3 Beds
1 Bath
-- Sq Ft
5,009 Sq Ft Lot

Highlights

  • Wood Flooring
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Eat-In Kitchen

About This Home

As of February 2019

Big 3 bedroom annual rental in Asbury Park. Hardwood floors, high ceilings, big eat-in kitchen, with new cabinets and counter top (new oven and refrigerator being installed very soon). Extra office room by kitchen. Nice cared for neighborhood. One of the most affordable 3 bedroom annual rentals in AP. No pets, no smoking.

Last Agent to Rent the Property

Brian Johnson

Berkshire Hathaway HomeServices Signature Properties Listed on: 11/04/2018

Last Renter's Agent

Brian Johnson

John C. Conover Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,534

Year Built

  • 1920

Lot Details

  • 5,009

Home Design

  • Triplex

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Security Deposit $2,700
  • Property Available on 11/15/18
  • Assessor Parcel Number 04-00057-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,534

Year Built

1920

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-11-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2018-11-15
  • Maintenance Fees Security Deposit3: 2700.0
  • Kitchen Floor - Wood4: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Special Features: None
  • Year Built (Public Record): 1920

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel #: 04-00057-0000-00007

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
1017 Summerfield Ave Corporation
Bought by
Sigman Real Estate Partners Llc
Current Estimated Value
$809,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Outstanding Balance
$506,839
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$381,616

Purchase Details

Closed on
May 26, 2022
Sold by
Day Jon J
Bought by
1017 Summerfield Ave Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2017
Sold by
Wagner Garrett
Bought by
Day Jon J and Petrola Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
3.97%

Purchase Details

Closed on
Feb 17, 2011
Sold by
Stout Moore Marjorie Diane and Stout Graham Aubra Diane
Bought by
Wagner Garett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
4.75%
Mortgage Type
Commercial
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
Sigman Real Estate Partners Llc $725,000 None Listed On Document
1017 Summerfield Ave Corporation $550,000 Stewart Title
Day Jon J $375,000 --
Wagner Garett $154,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sigman Real Estate Partners Llc $511,000
Previous Owner 1017 Summerfield Ave Corporation $440,000
Previous Owner Day Jon J $266,000
Previous Owner Day Jon J --
Previous Owner Thomas Petrola $266,000
Previous Owner Wagner Garrett $266,000
Previous Owner Wagner Garett $115,500
Previous Owner Graham Aubra Diane Stout $284,340
Previous Owner Moore Marjorie Diane $24,000
Previous Owner Diane Marjorie $15,000
Previous Owner Moore Marjorie Diane $100,834
Previous Owner Moore Marjorie Diane $66,947
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Rented $21,600 -- --
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 $10,534 $695,000 $205,600 $489,400
2023 $10,534 $681,400 $172,500 $508,900
2022 $8,703 $606,300 $143,800 $462,500
2021 $8,703 $550,800 $130,600 $420,200
2020 $7,606 $482,900 $124,200 $358,700
2019 $6,600 $400,000 $118,300 $281,700
2018 $5,961 $334,500 $107,500 $227,000
2017 $5,437 $261,400 $85,500 $175,900
2016 $5,379 $250,900 $80,500 $170,400
2015 $5,336 $241,000 $75,000 $166,000
2014 $4,718 $217,700 $75,000 $142,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21843064

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00505-0000-00018