NOT LISTED FOR SALE

1222 Madison Ave Point Pleasant Boro, NJ 08742

Estimated Value: $674,000 - $1,177,000

3 Beds
1 Bath
-- Sq Ft
5,271 Sq Ft Lot

Last Sold February 16, 2018

Last sale price $255,000

Est. 255% increase in value since last sale

Current estimated payment $5,847/month

95 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Double-Wide Driveway
  • Bonus Room
  • Oversized Lot
  • 2 Car Detached Garage

About This Home

As of February 2018

East of the canal and located on a large corner lot! This 3 bedroom, 1 bath house needs some tlc but has good bones. Newer ac. Large bedrooms and lots of good, usable space. This is a great house to make your own! Or a great investment property, surrounded by many much more expensive homes. Detached 2-car garage with loft too. Just a short walk to beaches and shopping.

Last Agent to Sell the Property

Sharon Lopes

Crossroads Realty Inc-Lavallette Listed on: 10/02/2017

Last Buyer's Agent

Bianca Scolamacchia

Weichert Realtors-Sea Girt License #1751264

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,136

Year Built

  • Built in 1943

Lot Details

  • Lot Dimensions are 50 x 105
  • Oversized Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Double-Wide Driveway
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Light Fixtures
  • Wood Burning Fireplace
  • Blinds
  • Living Room
  • Bonus Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Schools

  • Ocean Elementary School
  • Memorial Middle School
  • Point Pleasant Borough High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Furnishings and personal items.
  • Assessor Parcel Number 25-00138-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,136

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: Outdoor Lighting, Washer, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood
  • Reso Interior Features: Attic - Other, Bonus Room, Built-Ins
  • New Construction: No
  • Year Built: 1943
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 105
  • Location Middle School: Memorial
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Outdoor Lighting: Yes
  • Rooms Bonus Room2: Yes
  • Style Ranch: Yes
  • Siding Shingle: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Eat-In: Yes
  • Garage Oversized: Yes
  • Parking Oversized2: Yes
  • Interior Bonus Room: Yes
  • Garage Storage Above: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exclusions: Furnishings and personal items.
  • Construction Type: Shingle Siding
  • Exterior Features: Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Double Wide Drive, Driveway, Off Street, Oversized, Storage
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 50 x 105
  • Parcel #: 25-00138-0000-00008
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5136.0

MLS Schools

  • Elementary School: Ocean
  • High School: Point Pleasant Borough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Feb 9, 2018
Sold by
Richard P Petrushevich Estate
Bought by
Crypto Assets Llc
Seller's Agent
Sharon Lopes
Crossroads Realty Inc-Lavallette
Buyer's Agent
Bianca Scolamacchia
Weichert Realtors-Sea Girt
Sold Price
$255,000
Current Estimated Value
$906,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,371
Avg. Annual Appreciation
18.34%

Purchase Details

Closed on
Mar 26, 1999
Sold by
Gilbert Russell H and Gilbert Melinda
Bought by
Petrushevich Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.78%

Purchase Details

Closed on
Jan 5, 1994
Sold by
Morales Idel Fonso
Bought by
Gilbert Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

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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
Crypto Assets Llc $255,000 --
Petrushevich Richard P $120,000 Commonwealth Land Title Ins
Gilbert Russell $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrushevich Richard P $375,000
Previous Owner Petrushevich Richard P $58,500
Previous Owner Petrushevich Richard P $60,000
Previous Owner Gilbert Russell $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $255,000 -- --
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
2025 $11,016 $481,700 $235,500 $246,200
2024 $10,530 $481,700 $235,500 $246,200
2023 $10,313 $481,700 $235,500 $246,200
2022 $6,434 $300,500 $235,500 $65,000
2021 $5,586 $265,000 $200,000 $65,000
2020 $5,528 $265,000 $200,000 $65,000
2019 $5,454 $265,000 $200,000 $65,000
2018 $5,292 $265,000 $200,000 $65,000
2017 $5,175 $265,000 $200,000 $65,000
2016 $5,136 $265,000 $200,000 $65,000
2015 $5,075 $265,000 $200,000 $65,000
2014 $4,958 $265,000 $200,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21734731

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00138-0000-00008