NOT LISTED FOR SALE

121 Franklin Ave Ocean Grove, NJ 07756

Estimated Value: $638,000 - $776,000

2 Beds
1 Bath
1,152 Sq Ft
$605/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $520,000 $451 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,683/month

8 Days on Market

Highlights

  • Bay View
  • No HOA
  • Porch
  • Wood Flooring
  • Cottage
  • Eat-In Kitchen

About This Home

As of May 2021

Welcome to this charming 2 bedroom Ocean Grove Cottage located on the desirable Southside of town. This sun filled, lovingly cared for home, boasts beautiful hardwood floors throughout the one floor living beach charmer. A professionally crafted brand new kitchen which includes gorgeous walnut counter tops and shelves,, a sparkling farmhouse sink, new cabinets and tons of storage, makes this a truly special find. The private, lush backyard offers endless possibilities for entertaining or peaceful afternoon enjoyment. To complete this property, there is a full stand up basement with both interior and exterior access as well as a very spacious attic. Come see this special property before it is gone.

Last Agent to Sell the Property

Margaret Sieczkowski

Jack Green Realty License #1326636 Listed on: 04/07/2021

Jack Green Realty

Last Buyer's Agent

Mark Pasch

Pasch Real Estate License #1222792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,594

Year Built

  • Built in 1949

Lot Details

  • Fenced

Home Design

  • Cottage
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1-Story Property
  • Light Fixtures
  • Bay Window
  • Bay Views
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Neptune Middle School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Owners Personal property Custom shelves in bedroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,594

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area
  • Inclusions: Outdoor Lighting, Washer, Dryer, Light Fixtures, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Cement
  • Reso Interior Features: Attic - Pull Down Stairs, Bay/Bow Window
  • New Construction: No
  • Year Built: 1949
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Neptune
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Outdoor Lighting: Yes
  • Interior BayBow Window: Yes
  • Siding Shingle: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Eat-In: Yes
  • Living Room BayBow Window2: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Full Basement: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Owners Personal property Custom shelves in bedroom
  • Construction Type: Shingle Siding
  • Exterior Features: Fence, Porch - Open, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 00000
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7594.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2005
Sold by
Fay Joseph G
Bought by
Davenport Michael J and Padula Michael A
Current Estimated Value
$696,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Outstanding Balance
$166,388
Interest Rate
5.84%
Mortgage Type
New Conventional
Estimated Equity
$530,440

Purchase Details

Closed on
Nov 15, 2002
Sold by
Silvestrini Elaine
Bought by
Fay Joseph and Fay Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davenport Michael J $389,000 --
Fay Joseph $238,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davenport Michael J $311,200
Previous Owner Fay Joseph $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Sold $520,000 +4.0% $451 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $499,995 +40.8% $434 / Sq Ft
09/17/2015 09/17/15 Sold $355,000 -- $308 / Sq Ft View Prior Sale
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 $12,203 $723,800 $423,800 $300,000
2024 $9,720 $709,900 $420,300 $289,600
2023 $9,720 $547,900 $366,100 $181,800
2022 $8,300 $498,400 $342,100 $156,300
2021 $7,594 $399,600 $293,100 $106,500
2020 $8,036 $385,400 $284,400 $101,000
2019 $7,594 $359,400 $264,700 $94,700
2018 $7,236 $338,900 $244,900 $94,000
2017 $7,248 $325,600 $238,600 $87,000
2016 $6,931 $310,800 $225,200 $85,600
2015 $6,701 $306,000 $222,400 $83,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22110281

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00271-0000-00009