NOT LISTED FOR SALE

1303 Chestnut Ave Ocean, NJ 07712

Wanamassa Neighborhood

Estimated Value: $612,000 - $654,000

3 Beds
1.5 Baths
1,144 Sq Ft
$548/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $420,000 $367 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,917/month

15 Days on Market

Highlights

  • Custom Home
  • No HOA
  • 1 Car Attached Garage
  • 2 Fireplaces
  • Enclosed Patio or Porch
  • Air Conditioning

About This Home

As of October 2020

The ''Brower House''. Original family home of Wanamassa's pioneer master builder oozes character and charm with unique architectural features. Located on a dead-end street backing up to golf course. Firework views of Ocean Twp, Asbury Park and Long Branch. Three season porch with interchangeable windows/screens. Heated garage. Large attic for possible renovation. Two wood burning fireplaces, full dry basement. Mature landscaping with fenced backyard. Newly painted exterior. 10 min to NYC trains and Wegmans. 2 miles to beach. Good Vibe!

Last Agent to Sell the Property

Daniel Wright

RE/MAX Elite Listed on: 08/21/2020

Last Buyer's Agent

Theresa Lee

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,864

Year Built

  • Built in 1946

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 1 Car Attached Garage

Home Design

  • Custom Home
  • Colonial Architecture
  • Asphalt Rolled Roof

Interior Spaces

  • 1,144 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Wanamassa Elementary School
  • Ocean Middle School
  • Ocean Twp High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Oil Above Ground
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Excl: Personal belongings. Included with sale: firewood & composter
  • Assessor Parcel Number 37-00107-0000-00004-02

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,864

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: AC Units, Washer, Window Treatments, Dishwasher, Dryer, Self/Con Clean, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Year Built: 1946
  • Contract Info List PriceSqFt: 327.8
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Ocean
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 2.0
  • Number Appliances Included A C Units: Yes
  • Included Window Treatments: Yes
  • Roof Timberline: Yes
  • Heating Oil Above Ground: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Included SelfCon Clean: Yes
  • Cooling Multi Units: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 3
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Excl: Personal belongings. Included with sale: firewood & composter
  • Exterior Features: Porch - Enclosed
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Oil Above Ground, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Ocean

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 37-00107-0000-00004-02

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6864.0

MLS Schools

  • Elementary School: Wanamassa
  • High School: Ocean Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 21, 2020
Sold by
Bussiere Carol Deanna
Bought by
Winkler John and Ferguson Maclain
Seller's Agent
Daniel Wright
RE/MAX Elite
Buyer's Agent
Theresa Lee
Coldwell Banker Realty
List Price
$375,000
Sold Price
$420,000
Premium/Discount to List
$45,000
12%
Current Estimated Value
$626,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,602
Avg. Annual Appreciation
8.16%
Original Mortgage
$412,392
Outstanding Balance
$365,292
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$261,310

Purchase Details

Closed on
Jul 15, 1996
Sold by
Yarusi Brett
Bought by
Bussiere Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Winkler John $420,000 All Ahead Title
Bussiere Carl $144,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winkler John $412,392
Previous Owner Bussiere Carl $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2020 10/22/20 Sold $420,000 +12.0% $367 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $375,000 -- $328 / 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 $7,577 $560,000 $405,000 $155,000
2024 $7,494 $521,500 $370,000 $151,500
2023 $7,494 $481,300 $334,000 $147,300
2022 $7,032 $394,200 $254,000 $140,200
2021 $7,032 $351,100 $227,500 $123,600
2020 $6,864 $338,300 $217,500 $120,800
2019 $6,541 $315,100 $195,000 $120,100
2018 $6,495 $304,500 $190,000 $114,500
2017 $6,575 $307,100 $175,000 $132,100
2016 $5,922 $248,600 $145,000 $103,600
2015 $5,781 $245,900 $145,000 $100,900
2014 $6,163 $266,100 $175,000 $91,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Daniel Wright

    RE/MAX

  • Theresa Lee

    Buyer's Agent in 2020

    Theresa Lee

    Coldwell Banker Realty

    (732) 241-5851

    2 in this area

    88 Total Sales

    Theresa Lee
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22029380

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00107-0000-00004-02

New Jersey Monmouth County Ocean 07712 Wanamassa

1303 Chestnut Ave, Ocean, NJ

Not Listed for Sale

Detached

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Information is deemed reliable but not guaranteed.

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