NOT LISTED FOR SALE

1187 Ocean Ave Unit 40 Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $559,990 - $723,000

2 Beds
1 Bath
-- Sq Ft
$422/mo HOA Fee

Last Sold October 23, 2019

Last sale price $440,000

Est. 44% increase in value since last sale

Current estimated payment $4,157/month

3 Days on Market

Highlights

  • Waterfront
  • New Kitchen
  • Wood Flooring
  • Wolf Hill Elementary School Rated A-
  • Deck
  • End Unit

About This Home

As of October 2019

Amazing views from this 2 bedroom waterfront second floor end unit located in Ocean Ridge complex. Everything about this unit is almost entirely new since this unit was completely rebuilt from the ground up in 2013. Nice flowing open floor plan, kitchen with eating bar, gleaming hardwood floors, washer and dryer in unit. Enjoy stunning views and great ocean breezes from the outdoor deck. Complex located right near town, restaurants, shopping, gyms and all NYC transportation including ferry.

Last Agent to Sell the Property

Karin Busichio

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9235059 Listed on: 09/27/2019

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Kathryn Ward Grabowy

Douglas Elliman of NJ LLC License #0230824

Douglas Elliman of NJ LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,692

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $422 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Wood Flooring
  • Water Views

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Upper Level

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School
  • Shore Reg High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • Ocean Ridge Subdivision

Listing and Financial Details

  • Exclusions: owners personal possessions
  • Assessor Parcel Number 0011870040

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,692

Lot Details

0

HOA Fees

$422 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Inclusions: Outdoor Lighting, AC Units, Washer, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Microwave, Refrigerator
  • Subdivision Name: Ocean Ridge
  • Architectural Style: End Unit, Upper Level
  • Reso Interior Features: Sliding Door
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Maple Place
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Included Electric Cooking: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Living Room Sliding Door2: Yes
  • Cooling Multi Units: Yes
  • Style End Unit: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: Yes
  • Exclusions: owners personal possessions
  • Exterior Features: Deck, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 422.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Parcel #: 0011870040

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3692.0

MLS Schools

  • Elementary School: Wolf Hill
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Oct 21, 2019
Sold by
Milo Theodore and Milo Jo Ann
Bought by
Maceda John C and Maceda Nancy C
Seller's Agent
Karin Busichio
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Kathryn Ward Grabowy
Douglas Elliman of NJ LLC
Sold Price
$440,000
Current Estimated Value
$631,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,998
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Oct 14, 1987
Bought by
Milo Theodore and Milo Jo-Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maceda John C $440,000 Associated Title Agency
Milo Theodore $140,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2019 10/23/19 Sold $440,000 0.0% --
11/01/2018 11/01/18 Rented $27,024 +28.7% --
09/01/2016 09/01/16 Rented $21,000 +6.6% --
09/20/2014 09/20/14 Rented $19,696 +64.1% --
09/15/2012 09/15/12 Rented $12,000 -- --
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 $5,051 $561,700 $457,500 $104,200
2024 $4,660 $528,300 $427,500 $100,800
2023 $4,660 $455,100 $366,300 $88,800
2022 $4,410 $407,900 $322,500 $85,400
2021 $4,410 $356,000 $272,500 $83,500
2020 $3,725 $290,100 $210,000 $80,100
2019 $3,787 $279,100 $200,000 $79,100
2018 $3,692 $257,100 $178,000 $79,100
2017 $3,453 $236,700 $160,000 $76,700
2016 $2,908 $222,800 $150,000 $72,800
2015 $3,180 $158,500 $80,000 $78,500
2014 $1,697 $85,000 $85,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Karin Busichio

    Seller's Agent in 2019

    Karin Busichio

    BHHS Fox & Roach

    (732) 735-6657

    33 in this area

    84 Total Sales

    Karin Busichio
    Section Image
  • Kathryn Ward Grabowy

    Buyer's Agent in 2019

    Kathryn Ward Grabowy

    Douglas Elliman of NJ LLC

    (732) 259-5505

    1 in this area

    41 Total Sales

    Kathryn Ward Grabowy
    Section Image

  • S

    Buyer's Agent in 2018

    Sheila Carson

    O'Brien Realty, LLC

    (917) 846-1686

    16 Total Sales

    Sheila Carson
    Section Image

  • P

    Seller's Agent in 2016

    Patricia Ellis

    Homes of Distinction Real Estate

  • T

    Buyer's Agent in 2016

    Teresa Herschenfeld

    O'Brien Realty, LLC

    (908) 489-3683

    20 Total Sales

    Teresa Herschenfeld
    Section Image

  • A

    Seller's Agent in 2014

    Audre Gudanowski

    Homes of Distinction Real Estate

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21938482

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00007-05-00002-40

New Jersey Monmouth County Sea Bright 07760 Sea Bright

1187 Ocean Ave Unit 40, Sea Bright, NJ

Not Listed for Sale

Condos

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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