NOT LISTED FOR SALE

Estimated Value: $542,000 - $607,000

2 Beds
1 Bath
1,006 Sq Ft
$564/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $280,000 $278 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,750/month

126 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Level Lot
  • Attic
  • Air Conditioning
  • Heating System Uses Natural Gas

About This Home

As of July 2016

Adorable two bedroom home with rear two bedroom income producing cottage. Cozy living room with nice fireplace, screened in porches, plenty of storage space in full basement and attic. With minor TLC it can be a real charmer. Perfect for investors or first time home buyers, extra income from stable long term tenants in back cottage helps with the mortgage, monthly rent is $975

Last Listed By

Jeanine Dietz

C21/ Ailor Assoc, L.L.C. Listed on: 12/03/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,094

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 60 x 150
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Common or Shared Parking
  • Paved Parking
  • Off-Street Parking

Schools

  • Ocean Twnshp Elementary School
  • Ocean Middle School
  • Ocean Twp High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 37-00137-0000-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,094

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Laminate
  • Reso Interior Features: Attic
  • Year Built: 1941
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 60 x 150
  • Location Middle School: Ocean
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Slab
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Stories: 1
  • Full Basement: Yes
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Common, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • GarageParking:Common: Yes
  • Parking:Paved2: Yes

Utilities

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

Schools

  • Middle Or Junior School: Ocean

Lot Info

  • Lot Dimensions: 60 x 150
  • Parcel #: 37-00137-0000-00009
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6094.0
  • Tax Other Annual Assessment Amount: 259200.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Ocean Twnshp
  • High School: Ocean Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2015
Closed on
Jul 21, 2016
Sold by
Scott Habermann
Bought by
Murphy Paul and Petrone Jospeh
Seller's Agent
Jeanine Dietz
C21/ Ailor Assoc, L.L.C.
Buyer's Agent
Jeffrey Malek
Keller Williams Realty West Monmouth
Sold Price
$280,000
Total Days on Market
126
Current Estimated Value
$567,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,460
Avg. Annual Appreciation
8.17%
Original Mortgage
$224,000
Outstanding Balance
$181,918
Interest Rate
3.45%
Estimated Equity
$377,652

Purchase Details

Closed on
Oct 15, 2011
Sold by
Slinger Alfred J and Slinger Michele
Bought by
Habermann Scott and Habermann Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 1999
Sold by
Piparo Chae Suk
Bought by
Slinger Alfred and Slinger Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.09%

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
Murphy Paul -- --
Habermann Scott $325,000 Multiple
Slinger Alfred $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Paul $224,000
Closed Murphy Paul --
Previous Owner Habermann Scott $270,000
Previous Owner Slinger Alfred J $245,000
Previous Owner Slinger Alfred $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $280,000 0.0% $278 / Sq Ft
03/01/2016 03/01/16 Rented $16,800 -- --
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 $7,245 $520,400 $360,300 $160,100
2023 $7,245 $465,300 $309,700 $155,600
2022 $6,864 $385,800 $237,700 $148,100
2021 $6,864 $342,700 $210,200 $132,500
2020 $6,712 $330,800 $201,200 $129,600
2019 $6,431 $309,800 $181,000 $128,800
2018 $6,386 $299,400 $176,500 $122,900
2017 $5,976 $279,100 $163,000 $116,100
2016 $6,253 $262,500 $136,000 $126,500
2015 $6,094 $259,200 $136,000 $123,200
2014 $6,350 $274,200 $163,000 $111,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21544892

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00137-0000-00009