NOT LISTED FOR SALE

1125 Summerfield Ave Asbury Park, NJ 07712

Estimated Value: $442,000 - $510,000

4 Beds
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold March 01, 2021

Last sale price $326,000

Est. 48% increase in value since last sale

Current estimated payment $3,124/month

40 Days on Market

About This Home

As of March 2021

Check THI$ out! Great investment property! Two family turn key, fully rented to excellent tenants.

Last Agent to Sell the Property

Avrohom Ribiat

HomeSmart First Advantage License #1536936 Listed on: 12/02/2020

HomeSmart First Advantage

Last Buyer's Agent

Kimberly Newsome

Resources Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,721

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 100

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 04-01302-0000-00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,721

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes

Exterior Features

  • Acres: 0.06
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

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

Lot Info

  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-01302-0000-00024
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2721.0
  • Tax Other Annual Assessment Amount: 196200.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Feb 24, 2021
Sold by
Bluefire Holdings Llc
Bought by
Summer On Anelve Llc
Seller's Agent
Avrohom Ribiat
HomeSmart First Advantage
Buyer's Agent
Kimberly Newsome
Resources Real Estate
List Price
$339,900
Sold Price
$326,000
Premium/Discount to List
-$13,900
-4.09%
Current Estimated Value
$481,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,362
Avg. Annual Appreciation
8.79%
Original Mortgage
$244,500
Outstanding Balance
$219,913
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$257,481

Purchase Details

Closed on
Dec 15, 2020
Sold by
Bluefire Snow Llc
Bought by
Bluefire Holdings Llc and Winter Investments Llc

Purchase Details

Closed on
Aug 17, 2017
Sold by
Linder Management Llc
Bought by
Bluefire Snow Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.93%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 14, 2001
Sold by
Pledged Property Ii Llc
Bought by
Oindner Leor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,900
Interest Rate
6.99%
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
Summer On Anelve Llc $326,000 Two Rivers Title Co Llc
Bluefire Holdings Llc -- Two Rivers Title Co Llc
Bluefire Snow Llc $120,000 --
Oindner Leor $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summer On Anelve Llc $244,500
Previous Owner Bluefire Snow Llc $96,000
Previous Owner Bluefire Snow Llc $96,000
Previous Owner Oindner Leor $53,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $326,000 -4.1% --
01/11/2021 01/11/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $339,900 -- --
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 $6,266 $406,200 $161,700 $244,500
2024 $5,607 $396,100 $146,400 $249,700
2023 $5,607 $362,700 $103,100 $259,600
2022 $3,495 $315,200 $79,300 $235,900
2021 $3,495 $221,200 $72,100 $149,100
2020 $3,090 $196,200 $68,400 $127,800
2019 $2,721 $164,900 $65,100 $99,800
2018 $2,407 $135,100 $53,800 $81,300
2017 $2,804 $134,800 $42,600 $92,200
2016 $2,764 $128,900 $39,600 $89,300
2015 $3,124 $141,100 $37,500 $103,600
2014 $3,103 $143,200 $32,500 $110,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Avrohom Ribiat

    HomeSmart First Advantage

    Section Image

  • K

    Buyer's Agent in 2021

    Kimberly Newsome

    Resources Real Estate

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22042091

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01302-0000-00024

New Jersey Monmouth County Asbury Park 07712

1125 Summerfield Ave, Asbury Park, NJ

This home is located at 1125 Summerfield Ave, Asbury Park, NJ 07712 since 02 December 2020 and is currently estimated at $481,362. This property was built in 1920. 1125 Summerfield Ave is a home located in Monmouth County with nearby schools including Asbury Park High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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