NOT LISTED FOR SALE

Estimated Value: $1,137,000 - $1,245,000

4 Beds
2 Baths
1,485 Sq Ft
$808/Sq Ft Est. Value

Last Sold May 19, 2020

Last sale price $662,000 $446 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,144/month

42 Days on Market

Highlights

  • Water Views
  • Deck
  • Attic
  • G Harold Antrim Elementary School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of May 2020

Location! Location! Location! Two Family home located just steps away from Point Pleasant's shoreline, gives you the beach lifestyle you've always dreamed of and the opportunity to own an income producing property. Well maintained first floor unit offers 2 bedrooms, 1 bath, living room, eat in kitchen and sunroom. Upstairs also offers 2 bedrooms, 1 bath, sitting room, eat in kitchen with vaulted ceiling and deck. Large lot with detached two car garage and outdoor shower.

Last Agent to Sell the Property

Diane Glander

Coldwell Banker Realty License #0457819 Listed on: 01/21/2020

Coldwell Banker Realty

Last Buyer's Agent

Mary Ernish

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,372

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 46 x 125
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,485 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Thermal Windows
  • Window Screens
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Attic

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Antrim Elementary School
  • Point Pleasant Beach High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 26-00018-01-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,372

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, Wood
  • Reso Interior Features: Attic
  • Year Built: 1950
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 46 x 125
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Exterior Thermal Window: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Cooling Multi Units: Yes
  • Garage Storage Above: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Exterior Screens2: Yes
  • Unit 2 Dishwasher3: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Deck, Patio, Storm Door(s), Thermal Window, Screens
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached, Storage
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Radiator, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 46 x 125
  • Parcel #: 26-00018-01-00002
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8372.0
  • Tax Other Annual Assessment Amount: 537000.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Antrim
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Apr 29, 2020
Sold by
Trabold Paul S and Trabold Janet
Bought by
Kavanagh Ashley and Kavanagh Edward
Seller's Agent
Diane Glander
Coldwell Banker Realty
Buyer's Agent
Mary Ernish
Gloria Nilson & Co. Real Estate
List Price
$643,500
Sold Price
$662,000
Premium/Discount to List
$18,500
2.87%
Current Estimated Value
$1,168,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,465
Avg. Annual Appreciation
10.15%
Original Mortgage
$492,000
Outstanding Balance
$440,720
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$656,782

Purchase Details

Closed on
Dec 15, 2008
Sold by
Ferguson Kathleen
Bought by
Trabold Paul S and Trabold Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1997
Sold by
Ferguson E O James T
Bought by
Ferguson Kathleen
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
Kavanagh Ashley $662,000 Surety Ttl Agcy Coastal Regi
Trabold Paul S $625,000 None Available
Ferguson Kathleen $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavanagh Ashley $492,000
Previous Owner Trabold Paul S $325,000
Previous Owner Ferguson Kathleen $15,000
Previous Owner Ferguson Kathleen $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2020 05/19/20 Sold $662,000 +2.9% $446 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $643,500 0.0% $433 / Sq Ft
12/02/2019 12/02/19 Rented $8,125 -30.6% --
09/12/2018 09/12/18 Rented $11,700 -- --
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 $8,946 $537,000 $409,000 $128,000
2023 $8,694 $537,000 $409,000 $128,000
2022 $8,694 $537,000 $409,000 $128,000
2021 $8,501 $537,000 $409,000 $128,000
2020 $8,490 $537,000 $409,000 $128,000
2019 $8,372 $537,000 $409,000 $128,000
2018 $8,243 $537,000 $409,000 $128,000
2017 $8,114 $537,000 $409,000 $128,000
2016 $8,152 $537,000 $409,000 $128,000
2015 $8,087 $537,000 $409,000 $128,000
2014 $8,050 $537,000 $409,000 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22002660

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 26-00018-01-00002