NOT LISTED FOR SALE

1260 Pine Tree Way Belmar, NJ 07719

Belmar Neighborhood

Estimated Value: $786,000 - $975,000

4 Beds
4 Baths
1,008 Sq Ft
$871/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $480,000 $476 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,302/month

76 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Living Room
  • Shed
  • Garage

About This Home

As of February 2019

Great two story duplex. Each unit has 2 bedrooms, 1.5 Baths. Excellent investment opportunity. Rent both units or live in one while collecting income to offset expenses. Separate gas and electric meters. Centrally located near highways and public transportation. Tons of off street parking and a huge custom shed for plenty of storage space! Rear patio for outdoor entertaining. Enjoy all that Belmar has to offer with its many year round restaurants, open air cafes, shops and activities. Close proximity to beautiful Belmar Beach and marina were you can take in fabulous sunrises and sunsets.

Last Listed By

Karen Tarantino

The Connolly Agency Brokerage Phone: 516-606-9359 License #1755541 Listed on: 11/09/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,478

Year Built

  • Built in 1987

Lot Details

  • 6,795

Parking

  • Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Living Room
  • Basement
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Schools

  • Belmar Middle School

Utilities

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

Additional Features

  • Shed
  • Lot Dimensions are 50 x 136

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07-00230-0000-00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,478

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 516-606-9359
  • Subdivision Name: None
  • Architectural Style: Attached Duplex
  • Year Built: 1987
  • General Property Info Waterview: 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 136
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Style Attached Duplex: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 7
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Shed

Garage/Parking

  • Garage: Yes
  • General Property Info:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 136
  • Parcel #: 07-00230-0000-00026

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4478.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Mar 15, 2019
Sold by
Lemonie William and Lemonie Ann Marie
Bought by
1260 Pine Tree Way Llc
Seller's Agent
Karen Tarantino
The Connolly Agency
Buyer's Agent
William Lemonie
Pasch/All Shores Realty
Sold Price
$480,000
Total Days on Market
76
Current Estimated Value
$878,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,013
Avg. Annual Appreciation
10.49%

Purchase Details

Listed on
Nov 9, 2018
Closed on
Feb 18, 2019
Sold by
Cofone Biagio G and Cofone Marisa C
Bought by
Lemonie William and Lemonie Marie
Seller's Agent
Karen Tarantino
The Connolly Agency
Buyer's Agent
William Lemonie
Pasch/All Shores Realty
Sold Price
$480,000

Purchase Details

Closed on
Aug 3, 1998
Sold by
O'Toole Patrick
Bought by
Cofone Biagio and Cofone Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.86%

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
1260 Pine Tree Way Llc -- Fidelity National Ttl Ins Co
Lemonie William $480,000 Trident Abstract Ttl Agcy Ll
Cofone Biagio $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1260 Pine Tree Way Llc $275,000
Previous Owner Cofone Marisa C $368,400
Previous Owner Cofone Biagio G $321,000
Previous Owner Cofone Biagio G $225,000
Previous Owner Cofone Biagio $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2019 02/26/19 Sold $480,000 -- $476 / 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 $5,225 $371,600 $214,000 $157,600
2023 $5,225 $371,600 $214,000 $157,600
2022 $5,043 $371,600 $214,000 $157,600
2021 $4,998 $371,600 $214,000 $157,600
2020 $4,998 $371,600 $214,000 $157,600
2019 $4,998 $371,600 $214,000 $157,600
2018 $4,589 $371,600 $214,000 $157,600
2017 $4,478 $371,600 $214,000 $157,600
2016 $5,282 $276,400 $87,000 $189,400
2015 $5,112 $266,400 $77,000 $189,400
2014 $5,542 $286,400 $97,000 $189,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Karen Tarantino

    The Connolly Agency

    (516) 606-9359

    11 Total Sales

    Karen Tarantino
    Section Image

  • W

    Buyer's Agent in 2019

    William Lemonie

    Pasch/All Shores Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21843728

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00230-0000-00026

New Jersey Monmouth County Belmar 07719 Belmar

1260 Pine Tree Way, Belmar, NJ

Homes for Sale in Belmar, NJ

This home is located at 1260 Pine Tree Way, Belmar, NJ 07719 since 09 November 2018 and is currently estimated at $878,013, approximately $871 per square foot. This property was built in 1987. 1260 Pine Tree Way is a home located in Monmouth County with nearby schools including Belmar Elementary School, St. Rose Grammar School, and St Rose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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