NOT LISTED FOR SALE

1027 Summerfield Ave Asbury Park, NJ 07712

Estimated Value: $935,769 - $1,012,000

3 Beds
2.5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold July 02, 2021

Last sale price $692,000

Est. 41% increase in value since last sale

Current estimated payment $6,131/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Quartz Countertops
  • Home Office
  • Engineered Wood Flooring
  • No HOA
  • Oversized Lot

About This Home

As of July 2021

AN OFFER HAS BEEN ACCEPTED WITH SEVERAL BACKUPS. This beauty was completely gut renovated 3 years ago. Come see this stylish home with gorgeous hardwood floors, new eat in designer kitchen and wrap around porch. Beautiful en suite bath with massive walk in shower, Roman tub and large double vanity. Bonus space on second floor could be used as an office or reading nook. Huge patio area in the back is ideal for entertaining with zero maintenance. Off street parking for 4 cars.Light, neutral, sun filled home is ready for it's new owners to move in in time for the summer! Blocks from the train and just under a mile from the beach.

Last Agent to Sell the Property

Kimberly Newsome

Space & Company Listed on: 05/12/2021

Last Buyer's Agent

Shannon Mitchell

Vail Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,513

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Oversized Lot

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Light Fixtures
  • Thermal Windows
  • Blinds
  • Bay Window
  • Window Screens
  • Living Room
  • Dining Room
  • Home Office
  • Partial Basement
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Portable Range
  • Microwave
  • Freezer
  • Dishwasher
  • Quartz Countertops

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • Oversized Parking
  • Parking Available
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Owner's belongings
  • Assessor Parcel Number 04-00505-0000-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,513

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Counter Top Range, Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Self/Con Clean, Stove, Refrigerator, Screens, Freezer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Quartz: Yes
  • GreatFamily Room Floor - Engineered4: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Parking Concrete: Yes
  • Included SelfCon Clean: Yes
  • Parking Oversized2: Yes
  • Included Security System2: Yes
  • GreatFamily Room BayBow Window5: Yes
  • Included Counter Top Range: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 11
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Office2: Yes
  • Appliances Included:Freezer: Yes
  • Basement:Partial: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Owner's belongings
  • Exterior Features: Patio, Porch - Open, Thermal Window
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Stone: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 04-00505-0000-00020
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8513.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 26, 2021
Sold by
Acosta Lilibet
Bought by
Novick Alla
Seller's Agent
Kimberly Newsome
Space & Company
Buyer's Agent
Shannon Mitchell
Vail Realty
List Price
$649,000
Sold Price
$692,000
Premium/Discount to List
$43,000
6.63%
Current Estimated Value
$973,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,885
Avg. Annual Appreciation
8.30%
Original Mortgage
$517,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2018
Closed on
May 21, 2018
Sold by
1027 Summerfieldap Llc
Bought by
Acosta Lilibet
Seller's Agent
JANE ORLANDO
Keller Williams City Life Jers
Buyer's Agent
JANE ORLANDO
Keller Williams City Life Jers
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$465,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2017
Closed on
Sep 15, 2017
Sold by
Parker Ollie M
Bought by
1027 Summerfieldap Llc
Seller's Agent
John Loffredo
Jack Green Realty
Buyer's Agent
JANE ORLANDO
Keller Williams City Life Jers
Sold Price
$218,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
212.90%
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
Novick Alla $692,000 All Ahead Title Agency
Acosta Lilibet $490,000 Coastal Title Agency
1027 Summerfieldap Llc $218,000 Simplicity Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Novick Alla $517,000
Previous Owner Acosta Lilibet $465,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $692,000 +6.6% --
05/21/2021 05/21/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $649,000 +32.4% --
05/23/2018 05/23/18 Sold $490,000 +124.8% $238 / Sq Ft
09/05/2017 09/05/17 Sold $218,000 -- --
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 $11,549 $739,500 $205,600 $533,900
2023 $11,549 $747,000 $172,500 $574,500
2022 $9,459 $658,900 $143,800 $515,100
2021 $8,513 $598,700 $130,600 $468,100
2020 $8,513 $540,500 $124,200 $416,300
2019 $8,001 $484,900 $118,300 $366,600
2018 $4,168 $233,900 $107,500 $126,400
2017 $5,720 $275,000 $85,500 $189,500
2016 $5,662 $264,100 $80,500 $183,600
2015 $5,619 $253,800 $75,000 $178,800
2014 $4,928 $227,400 $75,000 $152,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22114757

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00505-0000-00020