NOT LISTED FOR SALE

118 Franklin Ave Unit 3 Seaside Heights, NJ 08751

Estimated Value: $275,000 - $316,000

2 Beds
1 Bath
572 Sq Ft
4,008 Sq Ft Lot

Last Sold December 22, 2016

Last sale price $42,000 $73 Per Sq Ft

Est. 588% increase in value since last sale

Current estimated payment $1,873/month

81 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Heating Available
  • Balcony
  • Wall to Wall Carpet

About This Home

As of December 2016

Great location walking distance to all the restaurants and only a block and a half from Boardwalk and Beach! This seashore condo has so much potential. The home offers an open layout with a small deck for summer enjoyment! Come take a look at this great deal!

Last Agent to Sell the Property

Kathleen Festino

C21/ Lawrence Realty License #0233818 Listed on: 08/16/2016

Last Buyer's Agent

Mary Delia

Ridge Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1945

Lot Details

  • 4,008

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Balcony
  • Deck

Location

  • Upper Level

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00012-0000-00018-03-C.B3

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area, exterior maint, sewer
  • Blue Whale Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Property Details

Home Type

Condominium

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Common Area
  • Reso Association Fee Includes: Common Area, Exterior Maint, Sewer
  • Subdivision Name: Blue Whale
  • Architectural Style: Upper Level
  • Year Built: 1945
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Living Room Floor - WW Carpet7: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Balcony, Deck

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other, See Remarks
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Sewer: Yes

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 27-00012-0000-00018-03-C.B3
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2810.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Feb 15, 2017
Sold by
Jani Pankaj
Bought by
Jani Pankaj and Jani Khooshbu P
Seller's Agent
Kathleen Festino
C21/ Lawrence Realty
Buyer's Agent
Mary Delia
Ridge Realty
Sold Price
$42,000
Current Estimated Value
$288,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,917
Avg. Annual Appreciation
24.75%

Purchase Details

Closed on
Jun 8, 2015
Sold by
Accurso Santo T
Bought by
Kondaur Capital Corp

Purchase Details

Closed on
Sep 3, 1998
Sold by
Barbera Louis F and Barbera Robin
Bought by
Accurso Santo T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,900
Interest Rate
6.9%

Purchase Details

Closed on
Jun 23, 1998
Sold by
Hanna Richard J and Hanna Maria J
Bought by
Bergstrom Thomas
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
Jani Pankaj -- Fidelity National Title
Kondaur Capital Corp -- Attorney
Accurso Santo T $34,900 Chicago Title Insurance Co
Bergstrom Thomas $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Accurso Santo T $27,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $42,000 -- $73 / 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 $3,730 $288,100 $220,000 $68,100
2024 $3,461 $131,600 $90,000 $41,600
2023 $3,291 $131,600 $90,000 $41,600
2022 $3,291 $131,600 $90,000 $41,600
2021 $3,183 $131,600 $90,000 $41,600
2020 $3,195 $131,600 $90,000 $41,600
2019 $3,099 $131,600 $90,000 $41,600
2018 $3,018 $131,600 $90,000 $41,600
2017 $2,961 $131,600 $90,000 $41,600
2016 $2,911 $131,600 $90,000 $41,600
2015 $2,810 $131,600 $90,000 $41,600
2014 $2,573 $131,600 $90,000 $41,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21632342

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00012-0000-00018-03-C.B3