NOT LISTED FOR SALE

1311 Walnut Ave Ocean, NJ 07712

Wanamassa Neighborhood

Estimated Value: $589,709 - $625,000

4 Beds
2 Baths
1,228 Sq Ft
$493/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $485,000 $395 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,757/month

46 Days on Market

Highlights

  • Solar Power System
  • Deck
  • Workshop
  • Cape Cod Architecture
  • Granite Countertops
  • No HOA

About This Home

As of July 2023

You'll love this open floor plan Cape, anchored by the spacious and inviting living room just off of the fully-loaded and updated kitchen (2020) featuring beautiful granite countertops. From the gleaming hardwood floors under your feet as you walk in, to the abundance of natural light pouring in from the sliding glass patio doors (2021), come enjoy all the delightful features of your new home including your location near the beach and the many charming local shops of Ocean Township!

Last Agent to Sell the Property

Allee Sprung

EXP Realty License #2078437 Listed on: 06/23/2023

EXP Realty

Last Buyer's Agent

Christine Williams

Coldwell Banker Realty License #2324106

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,686

Year Built

  • Built in 1952

Lot Details

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

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,228 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Living Room
  • Unfinished Basement
  • Workshop

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Schools

  • Wanamassa Elementary School
  • Ocean Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 37-00108-0000-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,686

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Garbage Disposal
  • Subdivision Name: None
  • Architectural Style: Cape
  • New Construction: No
  • Reso Other Structures: Shed, Shed(s)
  • Green Power: Solar Panels
  • Year Built: 1952
  • Contract Info List PriceSqFt: 398.21
  • 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 Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Ocean
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Kitchen Sliding Door5: Yes
  • Style Cape: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Basement Workshop Workbench: Yes
  • Included Garbage Disposal: Yes
  • Exterior Solar Panels: Yes
  • Energy Features Solar Panels Rented: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished, Workshop/ Workbench
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Other
  • Acres: 0.11
  • Waterfront: No
  • Patio And Porch Features: Deck
  • 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
  • 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: Ocean

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 37-00108-0000-00007
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6686.0

MLS Schools

  • Elementary School: Wanamassa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 24, 2023
Sold by
Patterson Timothy and Patterson Gia
Bought by
Carloni Pamela
Seller's Agent
Allee Sprung
EXP Realty
Buyer's Agent
Christine Williams
Coldwell Banker Realty
List Price
$489,000
Sold Price
$485,000
Premium/Discount to List
-$4,000
-0.82%
Views
131
Current Estimated Value
$605,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,677
Avg. Annual Appreciation
9.29%
Original Mortgage
$339,500
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2021
Sold by
Timothy Patterson
Bought by
Patterson Timothy and Patterson Gia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,100
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2014
Closed on
May 6, 2015
Sold by
Martin Carol A and Hoppach Robert A
Bought by
Patterson Timothy
Seller's Agent
MariBeth Martini
Weichert Realtors-Ocean
Buyer's Agent
Philip DeFusco
Weichert Realtors-Freehold
Sold Price
$246,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$233,700
Interest Rate
4.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Carloni Pamela $485,000 None Listed On Document
Carloni Pamela $485,000 None Listed On Document
Patterson Timothy -- Amrock Llc
Patterson Timothy -- Amrock
Patterson Timothy $246,000 Weichert Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carloni Pamela $339,500
Previous Owner Patterson Timothy $200,100
Previous Owner Patterson Timothy $233,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2023 07/26/23 Sold $485,000 -0.8% $395 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/23/2023 06/23/23 Price Changed $489,000 0.0% $398 / Sq Ft
06/23/2023 06/23/23 For Sale $489,000 -2.0% $398 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $499,000 +102.4% $406 / Sq Ft
05/22/2015 05/22/15 Sold $246,500 -- $200 / Sq Ft View Prior Sale
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 $7,338 $543,200 $405,000 $138,200
2024 $7,245 $505,000 $370,000 $135,000
Source: Public Records

Agents Affiliated with this Home

  • Allee Sprung

    Seller's Agent in 2023

    Allee Sprung

    EXP Realty

    (973) 479-9574

    2 in this area

    23 Total Sales

    Allee Sprung
    Section Image

  • C

    Buyer's Agent in 2023

    Christine Williams

    Coldwell Banker Realty

    Section Image

  • M

    Seller's Agent in 2015

    MariBeth Martini

    Weichert Realtors-Ocean

  • P

    Buyer's Agent in 2015

    Philip DeFusco

    Weichert Realtors-Freehold

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22312956

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00108-0000-00007

New Jersey Monmouth County Ocean 07712 Wanamassa

1311 Walnut Ave, Ocean, NJ

Not Listed for Sale

Detached

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.

Nearby Homes