NOT LISTED FOR SALE

114 15th Ave Unit 114 Belmar, NJ 07719

Estimated Value: $885,000 - $1,138,000

6 Beds
3 Baths
705 Sq Ft
$1,438/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $490,000 $695 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,985/month

148 Days on Market

Highlights

  • Water Views
  • Level Lot
  • 5-minute walk to Belmar Beach Playground
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2017

Perfect opportunity to live and rent half block to the beach. Sit on your front porch and enjoy Breezes from the Ocean. One story duplex 2 bedrooms each side, Plus 2 bedroom summer bungalow out back with central air.

Last Agent to Sell the Property

Paulette Young

C21/ Schlossbach Realty License #8430710 Listed on: 10/19/2016

Last Buyer's Agent

Paulette Young

C21/ Schlossbach Realty License #8430710 Listed on: 10/19/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,902

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Water Views
  • Stove

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Parking

  • No Garage
  • On-Street Parking

Schools

  • Belmar Elementary And Middle School
  • Asbury Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Gross Income $37,000

Listing and Financial Details

  • Exclusions: tenants personal
  • Tenant pays for hot water, water, snow removal, sewer, heat, gas, electricity
  • The owner pays for yard maintenance
  • Assessor Parcel Number 0700140000000015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,902

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet
  • New Construction: No
  • Year Built: 1940
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40x100
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses Gross Income2: 37000.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Crawl Space, Partial
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exclusions: tenants personal
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

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

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 0700140000000015
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Water, Snow Removal, Sewer, Heat, Gas, Electricity
  • Owner Pays: Yard Maintenance

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6902.0
  • Tax Other Annual Assessment Amount: 361200.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 37000.0

MLS Schools

  • Elementary School: Belmar
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Mar 29, 2017
Sold by
M F H Realty Corp
Bought by
Buenavista On 15Th Llc
Seller's Agent
Paulette Young
C21/ Schlossbach Realty
Buyer's Agent
Paulette Young
C21/ Schlossbach Realty
Sold Price
$490,000
Current Estimated Value
$1,013,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,515
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Nov 20, 1997
Sold by
Bank Of Ny
Bought by
M F H Realty

Purchase Details

Closed on
May 19, 1995
Sold by
Pederson Jerry
Bought by
Schlesinger Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
8.2%
Source: Public Records

Range of Values:

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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
Buenavista On 15Th Llc $490,000 None Available
M F H Realty $165,000 --
Schlesinger Suzanne $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schlesinger Suzanne $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $490,000 -- $695 / 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 $7,588 $521,500 $480,000 $41,500
2024 $7,332 $521,500 $480,000 $41,500
2023 $7,332 $521,500 $480,000 $41,500
2022 $7,077 $521,500 $480,000 $41,500
2021 $7,077 $521,500 $480,000 $41,500
2020 $7,014 $521,500 $480,000 $41,500
2019 $7,014 $521,500 $480,000 $41,500
2018 $6,441 $521,500 $480,000 $41,500
2017 $6,284 $521,500 $480,000 $41,500
2016 $6,903 $361,200 $240,000 $121,200
2015 $6,548 $341,200 $220,000 $121,200
2014 $6,215 $321,200 $200,000 $121,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21522736

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00140-0000-00015