NOT LISTED FOR SALE

1223 7th Ave Neptune, NJ 07753

Estimated Value: $552,000

3 Beds
1 Bath
1,213 Sq Ft
$455/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $149,000 $123 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $3,542/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Porch
  • Deck
  • No HOA
  • Living Room

About This Home

As of March 2017

Hud HomeCase# 352-551676 has three bedrooms, one bathroom, an open front porch and a rear deck. EQUAL HOUSING OPPORTUNITY. HUD Homes are sold “AS-IS” The buyer is responsible for all inspections and repairs including CO and any other township inspections. ABSOLUTELY NO WORK OR REPAIRS CAN BE DONE ON HOME PRIOR TO CLOSING. It is the buyers agent and buyers responsibility to perform due diligence on behalf of the buyer to confirm all charges for utilities, taxes, HOA/Condominium fees, special assessment fees etc, as HUD will only pay the charges from the time of possession.

Last Agent to Sell the Property

Bob Kefalonitis

Action Realty License #8737629 Listed on: 12/05/2016

Last Buyer's Agent

Laura Wicks

RE/MAX First Class License #0450158

RE/MAX First Class

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,862

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 50 x 150

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,213 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 35-00412-0000-00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,862

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • New Construction: No
  • Year Built: 1915
  • Contract Info List PriceSqFt: 107.17
  • 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
  • General Property Info Lot Dimensions: 50 x 150
  • General Property Info Farm: No
  • Location Middle School: Neptune
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck, Porch - Open
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 35-00412-0000-00030
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3862.0

MLS Schools

  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Mar 31, 2017
Sold by
Us Department Of Housing & Urban Development
Bought by
Fallon Sean and Fallon Tiffany Magliulo
Seller's Agent
Bob Kefalonitis
Action Realty
Buyer's Agent
Laura Wicks
RE/MAX First Class
Sold Price
$149,000
Current Estimated Value
$552,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,000
Avg. Annual Appreciation
16.27%
Original Mortgage
$134,100
Outstanding Balance
$111,377
Interest Rate
4.14%
Estimated Equity
$440,623

Purchase Details

Closed on
Oct 3, 2014
Sold by
Monmouth County Sheriff
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Dec 19, 2011
Sold by
Tietjen Fanning Barbara and Fanning Thomas C
Bought by
Fanning Barbara Ann

Purchase Details

Closed on
Sep 25, 2006
Sold by
Vitale Elizabeth
Bought by
Litch Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2005
Sold by
Lopez Evelyn
Bought by
Vitale Elizabeth Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 12, 2003
Sold by
Kuta Robert
Bought by
Fanning Barbara and Fanning Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fallon Sean -- --
Countrywide Home Loans Inc $1,000 None Available
Fanning Barbara Ann -- None Available
Litch Travis $290,000 --
Vitale Elizabeth Anne $205,000 --
Fanning Barbara $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fallon Sean $134,100
Closed Fallon Sean --
Previous Owner Litch Travis $101,500
Previous Owner Vitale Elizabeth Anne $184,500
Previous Owner Fanning Barbara $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2017 03/20/17 Sold $149,000 -- $123 / 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 $7,519 $472,700 $264,200 $208,500
2024 $6,576 $429,400 $251,200 $178,200
2023 $6,576 $364,100 $190,100 $174,000
2022 $4,756 $292,300 $154,300 $138,000
2021 $4,028 $225,100 $119,000 $106,100
2020 $4,448 $210,000 $109,400 $100,600
2019 $4,028 $187,800 $109,400 $78,400
2018 $3,941 $181,600 $103,800 $77,800
2017 $4,096 $181,300 $109,300 $72,000
2016 $4,308 $190,200 $119,300 $70,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21645060

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00412-0000-00030