NOT LISTED FOR SALE

1108 Ocean Ave Beachwood, NJ 08722

Estimated Value: $419,000 - $452,000

3 Beds
2 Baths
1,438 Sq Ft
$301/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $150,000 $104 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $2,764/month

27 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 3-minute walk to Ocean Ave Playground
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of January 2020

Beachwood - This 3 bedroom 2 bath home needs some tlc but has a lot to offer. Unique layout, plenty of space and a detached garage make this a must see. Minutes to the Garden State Parkway and the beautiful Barnegat Bay.

Last Agent to Sell the Property

AnnMarie Franz

RE/MAX at Barnegat Bay License #0449176 Listed on: 12/13/2019

RE/MAX at Barnegat Bay

Last Buyer's Agent

Yisroel Spira

Imperial Real Estate Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,238

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 80 x 100

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,438 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-00009-33-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,238

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Detached, Other - See Remarks
  • New Construction: No
  • Year Built: 1930
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 80 x 100
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 80 x 100
  • Parcel #: 05-00009-33-00009
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4238.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2021
Sold by
Kornik Yisroel
Bought by
202 Ronald Llc
Current Estimated Value
$432,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,750
Outstanding Balance
$186,075
Interest Rate
2.65%
Mortgage Type
Construction
Estimated Equity
$225,014

Purchase Details

Closed on
Jul 27, 2020
Sold by
1108 Ocean Ave Llc
Bought by
Kornik Yisroel

Purchase Details

Listed on
Dec 13, 2019
Closed on
Jan 10, 2020
Sold by
U S Bank National Association
Bought by
1108 Ocean Ave Llc
Seller's Agent
AnnMarie Franz
RE/MAX at Barnegat Bay
Buyer's Agent
Yisroel Spira
Imperial Real Estate Agency
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.50%
Original Mortgage
$117,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
U S Bank National Association and Rmac Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2019
Sold by
Kociyan John E and Kociyan Christina
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 27, 2004
Sold by
Bramlett Robert H and Bramlett Jacqueline
Bought by
Kociyan John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,950
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac
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
202 Ronald Llc -- Dekel Abstract Llc
202 Ronald Llc -- Dekel Abstract
Kornik Yisroel -- Dekel Abstract Llc
1108 Ocean Ave Llc $150,000 None Available
U S Bank National Association -- None Available
Federal Home Loan Mortgage Corporation $130,000 None Available
Kociyan John E $218,900 Sterling Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 202 Ronald Llc $207,750
Closed 202 Ronald Llc $207,750
Previous Owner 1108 Ocean Ave Llc $117,000
Previous Owner Kociyan John E $30,000
Previous Owner Kociyan John E $173,000
Previous Owner Kociyan John E $152,950
Previous Owner Bramlett Robert H $50,000
Previous Owner Bramlett Robert H $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $150,000 -- $104 / 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
2025 $5,097 $175,500 $75,000 $100,500
2024 $4,810 $175,500 $75,000 $100,500
2023 $4,644 $175,500 $75,000 $100,500
2022 $4,644 $175,500 $75,000 $100,500
2021 $4,499 $175,500 $75,000 $100,500
2020 $4,442 $175,500 $75,000 $100,500
2019 $4,238 $175,500 $75,000 $100,500
2018 $4,203 $175,500 $75,000 $100,500
2017 $4,126 $175,500 $75,000 $100,500
2016 $4,093 $175,500 $75,000 $100,500
2015 $4,372 $238,800 $127,000 $111,800
2014 $4,258 $238,800 $127,000 $111,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21948227

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 05-00009-33-00009