NOT LISTED FOR SALE

1203 Washington Ave Asbury Park, NJ 07712

Estimated Value: $257,000 - $628,000

2 Beds
1.5 Baths
1,152 Sq Ft
$343/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $222,400 $193 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,383/month

10 Days on Market

About This Home

As of December 2023

JUST LISTED - NO HOA OR HOA FEES! This is a great opportunity to purchase this two level home without all the HOA expenses. Home offers a comfortable living room, half bath and kitchen on the first level. Second level is completed with two bedrooms, 1 full bathroom. Best of all this home is located about a mile to the beach! This is a Fannie Mae Homepath Property.

Last Agent to Sell the Property

William Troy

Veltri & Associates, Realtors Listed on: 09/30/2023

Last Buyer's Agent

Michael Monica

Keller Williams Shore Properties License #0570503

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 1950

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 19 x 99

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Nothing
  • Assessor Parcel Number 04-01301-0000-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,317

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: 2 Story
  • Year Built: 1950
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 19 x 99
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling None12: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: Nothing
  • Exterior Features: Other
  • Foundation Details: Slab

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 19 x 99
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 04-01301-0000-00020

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2317.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Nov 15, 2023
Sold by
Federal National Mortgage Assn
Bought by
A & A Group Realty Llc
Seller's Agent
William Troy
Veltri & Associates, Realtors
Buyer's Agent
Michael Monica
Keller Williams Shore Properties
List Price
$229,900
Sold Price
$222,400
Premium/Discount to List
-$7,500
-3.26%
Views
71
Current Estimated Value
$395,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,750
Avg. Annual Appreciation
36.59%
Original Mortgage
$172,425
Outstanding Balance
$100,542
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$277,338

Purchase Details

Closed on
Jun 22, 2018
Sold by
Monmouth County Sheriff
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 23, 2005
Sold by
Palmer Remond K
Bought by
Palmer Property Management Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
A & A Group Realty Llc $222,400 None Listed On Document
Federal National Mortgage Association $1,000 None Available
Palmer Property Management Llc -- --
Palmer Property Managment Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & A Group Realty Llc $172,425
Previous Owner Palmer Remond K $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $222,400 -3.3% $193 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $229,900 -- $200 / 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 $2,755 $225,000 $57,400 $167,600
2023 $2,755 $178,200 $46,500 $131,700
2022 $2,086 $148,800 $29,100 $119,700
2021 $1,843 $132,000 $28,200 $103,800
2020 $1,843 $117,000 $26,100 $90,900
2019 $1,638 $99,300 $24,900 $74,400
2018 $1,354 $76,000 $16,400 $59,600
2017 $1,647 $79,200 $18,900 $60,300
2016 $1,767 $82,400 $20,900 $61,500
2015 $1,742 $78,700 $18,800 $59,900
2014 $2,351 $108,500 $68,800 $39,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22327290

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01301-0000-00020