NOT LISTED FOR SALE

1017 Summerfield Ave Unit 2W Asbury Park, NJ 07712

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

1 Bed
1 Bath
-- Sq Ft
4,792 Sq Ft Lot

Highlights

  • Colonial Architecture
  • Porch
  • Living Room
  • Wood Flooring
  • Multiple cooling system units
  • Tankless Water Heater

About This Home

As of October 2021

Second Floor Affordable one bedroom apartment near Asbury downtown and train station.(2 blocks) Nice bright apartment with hardwood floors, shared backyard and front porch. Good credit required. Available immediately.

Last Agent to Rent the Property

Jon Day

Open Door Real Estate Agency LLC Listed on: 09/15/2021

Last Renter's Agent

Anthony Mediate

EXP Realty License #2079586

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,534

Year Built

  • Built in 1920

Lot Details

  • 4,792

Home Design

  • Triplex
  • Colonial Architecture

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Stove
  • Range Hood

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Tankless Water Heater

Additional Features

  • Porch
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $2,100
  • Assessor Parcel Number 04-00505-0000-00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,534

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Furnished: Unfurnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Three Family
  • Inclusions: Stove Hood, Stove, Ceiling Fan(s), Refrigerator, Window Treatments, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.11
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Included Stove Hood: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Maintenance Fees Security Deposit3: 2100.0
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 0
  • Living Room Floor - Wood Floor2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • BasementOther: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bath Tub2: Yes

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Exterior Features: Porch - Open

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
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 04-00505-0000-00018

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
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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
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
10/01/2021 10/01/21 Rented $1,600 +14.3% --
09/15/2021 09/15/21 For Rent $1,400 -89.4% --
11/19/2018 11/19/18 Rented $13,200 -- --
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: 22130605

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00505-0000-00018