NOT LISTED FOR SALE

1201 Ocean Ave Unit 38 Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $533,000

1 Bed
1 Bath
744 Sq Ft
$475/mo HOA Fee

Last Sold March 06, 2018

Last sale price $255,000 $343 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,645/month

26 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Oceanside
  • Wolf Hill Elementary School Rated A-
  • In Ground Pool
  • Wood Flooring

About This Home

As of March 2018

Live at the beach in this special waterfront complex which has pool overlooking the ocean! Ocean Beach access, Barbecue area with gas grills and picnic area, its like living at your own private beach club. Recently entire unit was completely redone. Bright and light white eat in kitchen. This unit also offers washer and dryer. An added bonus to this complex is the heat, air and water are all included in the maintenance fees. Complex is close to everything, shopping, restaurants, ferry to NYC, trains and bus route. Runaway Beach is a no pet complex. Be in for summer to enjoy everything Sea Bright has to offer. Great investment opportunity also since complex allows 9 month rentals, use in summer and rent in the winter.

Last Agent to Sell the Property

Karin Busichio

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9235059 Listed on: 12/27/2017

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Daniel Murray

Heritage House Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,715

Lot Details

  • Beach Front
  • End Unit
  • Landscaped

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Window Screens
  • Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Common or Shared Parking
  • Visitor Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Oceanside
  • Exterior Lighting
  • Outdoor Grill

Location

  • Lower Level

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00038

Community Details

Overview

  • Association fees include trash, common area, exterior maint, heat, pool, snow removal, water
  • Runaway Beach Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Beach
  • Community Pool
  • Recreational Area
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,715

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Beachfront, Oceanfront, Oceanside
  • ResoPoolFeatures: See Remarks, Other, Common, In Ground
  • Reso Association Amenities: Beach, Association, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Heat, Pool, Snow Removal, Water
  • Inclusions: Outdoor Lighting, Washer, Dishwasher, Dryer, Electric Cooking, Stove, Refrigerator, Screens
  • Subdivision Name: Runaway Beach
  • Architectural Style: Lower Level, End Unit, One Level Unit
  • Reso Flooring: Ceramic Tile, Wood
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • Location Middle School: Maple Place
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Exterior Lighting: Yes
  • Included Electric Cooking: Yes
  • Garage None4: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Common Elements Landscaping: Yes
  • Living Room Floor - Laminate3: Yes
  • Kitchen Eat-In: Yes
  • Exterior BBQ: Yes
  • Style End Unit: Yes
  • Exterior Rec Area: Yes
  • Parking Visitor: Yes
  • Water Type Beachfront: Yes
  • Style Lower Level: Yes
  • Lot Description Beachfront2: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Other - See Remarks, Beachfront, Oceanfront, Oceanside/Beach Blk
  • Waterfront: Yes
  • Exterior Features: BBQ, Rec Area, Swimming, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Common, Off Street, Visitor, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • GarageParking:Common: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 475.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Association Fee Includes:Heat: Yes

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Parcel #: 00038
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3715.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2017
Closed on
Mar 5, 2018
Sold by
Romanello William and Romanello Stacey L
Bought by
Raimondi Elise
Seller's Agent
Karin Busichio
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Daniel Murray
Heritage House Sotheby's International Realty
Sold Price
$255,000
Current Estimated Value
$533,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,000
Avg. Annual Appreciation
10.02%
Original Mortgage
$204,000
Outstanding Balance
$174,144
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$358,856

Purchase Details

Closed on
Jan 16, 2003
Sold by
Duda Kenneth
Bought by
Romanello William and Romanello Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
6.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Raimondi Elise $255,000 None Available
Romanello William $179,900 --
Duda Kenneth $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raimondi Elise $204,000
Previous Owner Duda Kenneth $143,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2018 03/06/18 Sold $255,000 -- $343 / 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 $4,324 $496,000 $397,200 $98,800
2024 $3,885 $452,300 $360,000 $92,300
2023 $3,885 $379,400 $300,000 $79,400
2022 $3,170 $333,300 $257,000 $76,300
2021 $3,231 $254,600 $180,000 $74,600
2020 $3,231 $251,600 $180,000 $71,600
2019 $3,584 $264,100 $182,000 $82,100
2018 $3,649 $254,100 $172,000 $82,100
2017 $3,715 $254,600 $175,000 $79,600
2016 $3,075 $235,600 $160,000 $75,600
2015 $3,442 $171,600 $90,000 $81,600
2014 $2,712 $135,800 $85,000 $50,800
Source: Public Records

Agents Affiliated with this Home

  • Karin Busichio

    Seller's Agent in 2018

    Karin Busichio

    BHHS Fox & Roach

    (732) 735-6657

    33 in this area

    85 Total Sales

    Karin Busichio
    Section Image

  • D

    Buyer's Agent in 2018

    Daniel Murray

    Heritage House Sotheby's International Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21746927

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00007-03-00041

New Jersey Monmouth County Sea Bright 07760 Sea Bright

1201 Ocean Ave Unit 38, Sea Bright, NJ

Not Listed for Sale

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.

Nearby Homes