NOT LISTED FOR SALE

Estimated Value: $539,221 - $589,000

2 Beds
1 Bath
-- Sq Ft
$50/mo HOA Fee

Last Sold March 25, 2021

Last sale price $386,000

Est. 46% increase in value since last sale

Current estimated payment $3,819/month

10 Days on Market

Highlights

  • Oceanside
  • Attic
  • Breakfast Area or Nook
  • Deck
  • Cottage
  • Air Conditioning

About This Home

As of March 2021

Welcome to Midway Beach, a hidden gem on the Jersey Shore!!! This updated Bungalow in Midway is just steps away from our beautiful beaches. Two bedrooms, 1 full bath, Storage shed, outside shower, and trex decking in the front and back of house. You can stay the summer or rent out with a good 8-10 weeks in the summer, home has good rental history. Everybody needs a Beach House!!!

Last Agent to Sell the Property

Nicholas Pagano

Birchler Realtors Listed on: 01/22/2021

Last Buyer's Agent

Erwin Ruerup

EXP Realty License #0459037

EXP Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,440

Lot Details

  • 610

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Light Fixtures
  • Blinds
  • Living Room
  • Dirt Floor
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Oceanside
  • Deck
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Clara B. Worth Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 06-01694-0000-00163-0000-C.163

Community Details

Overview

  • Association fees include trash, common area, snow removal
  • Midway Bch Subdivision

Amenities

  • Common Area

Recreation

  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,440

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block, Oceanside
  • Reso Association Amenities: Association
  • Reso Association Fee Includes: Trash, Common Area, Snow Removal
  • Inclusions: AC Units, Window Treatments, Blinds/Shades, Light Fixtures, Refrigerator, Gas Cooking
  • Subdivision Name: Midway Bch
  • Architectural Style: Condo, Cottage/Bungalow, Other - See Remarks
  • Reso Interior Features: Attic
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Common Area2: Yes
  • General Property Info Lot Dimensions: footprint of the house
  • Location Middle School: Central Reg Middle
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Attic: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Number Appliances Included A C Units: Yes
  • Included Window Treatments: Yes
  • ExteriorDeck: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen BnookDining Area: Yes
  • Exterior BBQ: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Dirt Floor
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • OtherRoomsOther2: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exclusions: Personal Items
  • Exterior Features: BBQ, Deck, Storage, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: footprint of the house
  • Parcel #: 06-01694-0000-00163-0000-C.163
  • Zoning Description: Residential

MLS Schools

  • Elementary School: Clara B. Worth
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 12, 2021
Sold by
Smith Richard L
Bought by
Mccarthy Gerald Christopher and Mccarthy Lisa Marie
Seller's Agent
Nicholas Pagano
Birchler Realtors
Buyer's Agent
Erwin Ruerup
EXP Realty
List Price
$359,000
Sold Price
$386,000
Premium/Discount to List
$27,000
7.52%
Current Estimated Value
$563,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,805
Avg. Annual Appreciation
9.35%
Original Mortgage
$289,500
Outstanding Balance
$261,987
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$301,818

Purchase Details

Listed on
Feb 9, 2019
Closed on
Jun 14, 2019
Sold by
Parrillo Matthew J and Parrillo Kathleen T
Bought by
Smith Richard L
Seller's Agent
Alex Bolen
Coldwell Banker Home Connection Realty
Buyer's Agent
Karen Flynn
Redfin Corporation
Sold Price
$314,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
Original Mortgage
$282,600
Interest Rate
4.1%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Mccarthy Gerald Christopher $386,000 Pegasus Title Agency Llc
Mccarthy Gerald Christopher $386,000 Land Title
Smith Richard L $314,000 Bonafide Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Gerald Christopher $289,500
Closed Mccarthy Gerald Christopher $289,500
Previous Owner Smith Richard L $282,600
Previous Owner Parrillo Matthew J $250,000
Previous Owner Parrillo Kathleen T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $386,000 +7.5% --
02/01/2021 02/01/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $359,000 +14.3% --
06/14/2019 06/14/19 Sold $314,000 -- --
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
2024 $7,440 $320,700 $273,000 $47,700
2023 $7,302 $320,700 $273,000 $47,700
2022 $7,302 $320,700 $273,000 $47,700
2021 $7,148 $320,700 $273,000 $47,700
2020 $7,148 $320,700 $273,000 $47,700
2019 $6,950 $320,700 $273,000 $47,700
2018 $6,927 $320,700 $273,000 $47,700
2017 $6,671 $320,700 $273,000 $47,700
2016 $6,635 $320,700 $273,000 $47,700
2015 $6,452 $320,700 $273,000 $47,700
2014 $6,270 $320,700 $273,000 $47,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22101873

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-01694-0000-00163-0000-C.163