NOT LISTED FOR SALE

1302 Franklin Pkwy Ocean, NJ 07712

Wanamassa Neighborhood

Estimated Value: $551,000 - $622,000

3 Beds
2 Baths
1,176 Sq Ft
$509/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $245,000 $208 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,800/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • Patio
  • Shed
  • No HOA
  • Living Room
  • Forced Air Heating System

About This Home

As of May 2018

Absolutely great value in much desired Wanamassa! Offers 3 bedroom, formal dining room, 2 full bathrooms, unfinished basement and large fenced in yard. HUD owned home being sold ''as is''. Equal housing opportunity. Excellent location for commuters!

Last Agent to Sell the Property

Sandra Nixon

Eversand Realty Group License #9131069 Listed on: 02/14/2018

Last Buyer's Agent

Timothy Siciliano

C21/ Solid Gold Realty License #8333694

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,123

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50 x 100

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 1,176 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Shed

Schools

  • Wanamassa Elementary School
  • Ocean Middle School
  • Ocean 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 37-00104-0000-00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,123

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cape
  • Year Built: 1948
  • Contract Info List PriceSqFt: 199.83
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Ocean
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Style Cape: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Basement:Unfinished: Yes

Exterior Features

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

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • 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

  • Association: No

Schools

  • Middle Or Junior School: Ocean

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 37-00104-0000-00024

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6123.0

MLS Schools

  • Elementary School: Wanamassa
  • High School: Ocean Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
May 11, 2018
Sold by
Secretary Of Hud Of Washington Dc
Bought by
Ferreira Jessica and Ferreira Ricardo
Seller's Agent
Sandra Nixon
Eversand Realty Group
Buyer's Agent
Timothy Siciliano
C21/ Solid Gold Realty
Sold Price
$245,000
Current Estimated Value
$598,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,869
Avg. Annual Appreciation
12.53%
Original Mortgage
$240,562
Outstanding Balance
$209,324
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$389,545

Purchase Details

Closed on
Jan 12, 2017
Sold by
Monmouth County Sheriff
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Sep 15, 2005
Sold by
Avallone Michael R
Bought by
Shaw Michael and Shaw Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,405
Interest Rate
6.26%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 29, 2002
Sold by
Rodgers Shirley
Bought by
Avallone Michael and Hand Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,900
Interest Rate
6.07%
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
Ferreira Jessica $245,000 Fidelity National Title
Pennymac Loan Services Llc $1,000 None Available
Shaw Michael $349,900 --
Avallone Michael $239,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferreira Jessica $240,562
Previous Owner Shaw Michael $332,405
Previous Owner Avallone Michael $227,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2018 05/14/18 Sold $245,000 -- $208 / 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 $7,784 $574,500 $405,000 $169,500
2024 $7,707 $535,700 $370,000 $165,700
2023 $7,707 $495,000 $334,000 $161,000
2022 $7,095 $407,300 $254,000 $153,300
2021 $7,095 $354,200 $227,500 $126,700
2020 $6,927 $341,400 $217,500 $123,900
2019 $6,604 $318,100 $195,000 $123,100
2018 $6,557 $307,400 $190,000 $117,400
2017 $6,123 $286,000 $175,000 $111,000
2016 $5,764 $242,000 $145,000 $97,000
2015 $5,631 $239,500 $145,000 $94,500
2014 $6,029 $260,300 $175,000 $85,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sandra Nixon

    Eversand Realty Group

  • Timothy Siciliano

    Buyer's Agent in 2018

    Timothy Siciliano

    C21/ Solid Gold Realty

    (732) 245-3932

    1 in this area

    34 Total Sales

    Timothy Siciliano
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21800445

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00104-0000-00024

New Jersey Monmouth County Ocean 07712 Wanamassa

1302 Franklin Pkwy, Ocean, NJ

Not Listed for Sale

Detached

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Information is deemed reliable but not guaranteed.

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