$532,000
SOLD DEC 9, 2020

114 Summit Ave Island Heights, NJ 08732

4 Beds
3 Baths
2,864 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$186 Per Sq Ft

5% Below List Price

17 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • Oversized Lot
  • Island Heights Elementary School Rated A
  • Den
  • 4-minute walk to Memorial Field Park

About This Home

As of April 2024

3 buildings: Office, Garage and Custom Built 3-story Energy Star certified home with detached office or studio and over-sized 2-car garage in historic and charming Island Heights Enjoy the nearby boardwalk on the Toms River and our own town beach on the Barnegat Bay! Home features 3 large bedrooms and 3 full baths. Gorgeous new kitchen with granite counters and stainless steel appliances. Hardwood floors throughout a spacious open floor plan complete with stair tower leading to a huge bonus room on the third floor. Detached 2-story building can be used as a legal office or studio, perfect for a home office or business. It has separate utilities and a full bathroom. Detached, oversized 2-car garage (31'2''x 24'3'') has space for a workshop and has a storage room above.

Last Agent to Sell the Property

Robert Kilbride

Long & Foster Real Estate Inc Listed on: 09/16/2020

Last Buyer's Agent

Andrea Schlosser

Schlosser Real Estate, Inc. License #8134732

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,568

Year Built

  • Built in 2004

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 75 x 94
  • Oversized Lot

Parking

  • 2 Car Garage
  • Oversized Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 2,864 Sq Ft Home
  • 2-Story Property
  • Light Fixtures
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Shed
  • Storage Shed
  • Outbuilding
  • Porch

Schools

  • Island Heights Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Sellers Belongings
  • Assessor Parcel Number 11-00025-0000-00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,568

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: Outdoor Lighting, Wood Stove, Window Treatments, Light Fixtures
  • Subdivision Name: None
  • Architectural Style: 2 Story
  • New Construction: No
  • Reso Other Structures: Misc Building, Storage Shed
  • Year Built: 2004
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • General Property Info Acreage: 0.16
  • General Property Info Lot Dimensions: 75 x 94
  • Location Middle School: Central Reg Middle
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Foyer Two Story: Yes
  • Exterior Porch - Open: Yes
  • Included Light Fixtures: Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Parking Oversized2: Yes
  • Included Wood Stove: Yes
  • General Property Info # UnitsBldgs: 2.0
  • Out Buildings Misc Building: Yes
  • Living Room Wood Burning Stove: Yes
  • Heating 2 Zoned Heat: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.16
  • Topography: Level
  • Waterfront: No
  • Exclusions: Sellers Belongings
  • Exterior Features: Porch - Open, Shed, Lighting

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 75 x 94
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 11-00025-0000-00021
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8568.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Island Heights
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Mar 29, 2024
Sold by
Slavick Kenneth and Slavick Sheila
Bought by
Typaldos Harry and Ellingsen Maureen
Seller's Agent
Andrea Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Suzie Van
Diane Turton, Realtors-Bay Head
List Price
$769,000
Sold Price
$732,000
Premium/Discount to List
-$37,000
-4.81%
Views
166
Current Estimated Value
$834,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,216
Avg. Annual Appreciation
10.66%
Original Mortgage
$500,000
Outstanding Balance
$477,497
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$356,719

Purchase Details

Listed on
Sep 16, 2020
Closed on
Dec 8, 2020
Sold by
Frank Kilbride G and Frank Cathy R
Bought by
Slavick Kenneth and Slavick Sheila
Seller's Agent
Robert Kilbride
Long & Foster Real Estate Inc
Buyer's Agent
Andrea Schlosser
Schlosser Real Estate, Inc.
List Price
$559,000
Sold Price
$532,000
Premium/Discount to List
-$27,000
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$519,332
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 1997
Sold by
Emc Mortgage
Bought by
Kilbride G Chrisopher and Frank Cathy R

Purchase Details

Closed on
Oct 20, 1995
Sold by
Prudential Home Mtg
Bought by
Emc Mtg
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $732,000 Surety Title
Deed $532,000 Trident Abstract Ttl Agcy Ll
Deed $532,000 Trident Abstract Title
Deed $52,000 --
Deed $41,874 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $520,000 New Conventional
Previous Owner $519,332 FHA
Previous Owner $166,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $732,000 -4.8% $307 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $769,000 +44.5% $323 / Sq Ft
12/09/2020 12/09/20 Sold $532,000 -4.8% $186 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $559,000 -- $195 / 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
2024 $9,379 $453,100 $158,000 $295,100
2023 $9,180 $453,100 $158,000 $295,100
2022 $9,180 $453,100 $158,000 $295,100
2021 $9,112 $453,100 $158,000 $295,100
2020 $9,089 $453,100 $158,000 $295,100
2019 $8,568 $453,100 $158,000 $295,100
2018 $6,829 $358,300 $174,600 $183,700
2017 $6,611 $358,300 $174,600 $183,700
2016 $6,657 $358,300 $174,600 $183,700
2015 $6,464 $358,300 $174,600 $183,700
2014 $6,360 $358,300 $174,600 $183,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22033155

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 11-00025-0000-00021