NOT LISTED FOR SALE

1137 Sewall Ave Asbury Park, NJ 07712

Estimated Value: $368,244 - $410,000

3 Beds
1 Bath
798 Sq Ft
$494/Sq Ft Est. Value

Last Sold February 24, 2015

Last sale price $72,500 $91 Per Sq Ft

Est. 444% increase in value since last sale

Current estimated payment $2,557/month

108 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • No HOA
  • Colonial Architecture
  • Attic
  • Thermal Windows

About This Home

As of February 2015

A nice and affordable single family home in Asbury Park just a mile from the beach! Perfect starter home. Presently being used for rental income, this 3 bedroom 1 bath property is in very good condition and brings in $15,600 per year with a profit of $10,104 per year after expenses. Great tenant pays $1300/month and all utilities. Landlord pays Sewer. Many updates. New Security System.

Last Agent to Sell the Property

Daniel Wright

RE/MAX Elite Listed on: 09/16/2014

Last Buyer's Agent

dhiren mavani

Burke&Manna Real Estate Agency License #1004071

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,530

Year Built

  • Built in 1935

Lot Details

  • 2,483

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Thermal Windows
  • Living Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Schools

  • Bangs Avenue Elementary School
  • Asbury Park High School

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 25x100

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: TENANTS BELONGINGS
  • Assessor Parcel Number 01603000000033

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,530

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Linoleum/Vinyl, W/W Carpet, Wood
  • Reso Interior Features: Attic, Dec Molding
  • Year Built: 1935
  • General Property Info Waterview: No
  • General Property Info Fireplace: 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: 25X100
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Exterior Thermal Window: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Eat-In: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Refrigerator: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: TENANTS BELONGINGS
  • Exterior Features: Porch - Open, Thermal Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • 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: 25X100
  • Parcel #: 01603000000033
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3530.0

MLS Schools

  • Elementary School: Bangs Avenue
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2014
Closed on
Feb 24, 2015
Sold by
Investing Jam
Bought by
C N Investors Llc
Seller's Agent
Daniel Wright
RE/MAX Elite
Buyer's Agent
dhiren mavani
Burke&Manna Real Estate Agency
Sold Price
$72,500
Current Estimated Value
$394,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,811
Avg. Annual Appreciation
17.48%

Purchase Details

Closed on
Feb 21, 2008
Sold by
Korah Ja Llc
Bought by
Jam Investing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2006
Sold by
Leslie Korah
Bought by
Korah Ja Llc

Purchase Details

Closed on
May 15, 2000
Sold by
Bankers Trust
Bought by
Korah Leslie

Purchase Details

Closed on
Aug 5, 1997
Sold by
Land Bmb
Bought by
Thierry David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.42%
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
C N Investors Llc $72,500 Agent For Southen Title In
Jam Investing Llc $151,000 River Edge Title Agency Llc
Korah Ja Llc -- None Available
Korah Leslie $30,000 --
Thierry David $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jam Investing Llc $151,000
Previous Owner Thierry David $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2015 02/24/15 Sold $72,500 -- $91 / 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 $4,958 $325,200 $161,700 $163,500
2024 $4,276 $313,400 $146,400 $167,000
2023 $4,276 $276,600 $103,100 $173,500
2022 $3,403 $237,000 $79,300 $157,700
2021 $3,403 $215,400 $72,100 $143,300
2020 $3,092 $196,300 $68,400 $127,900
2019 $2,784 $168,700 $65,100 $103,600
2018 $2,447 $137,300 $53,800 $83,500
2017 $2,226 $107,000 $42,600 $64,400
2016 $2,187 $102,000 $39,600 $62,400
2015 $2,176 $98,300 $37,500 $60,800
2014 $2,275 $105,000 $42,500 $62,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21412694

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01603-0000-00033