$487,000 - $546,205
RENTED SEP 16, 2024

1314 Laurel Ave Ocean, NJ 07712

Wanamassa Neighborhood
2 Beds
1 Bath
986 Sq Ft
$510 Price per Sq Ft

Last Sold April 19, 2024

Last sale price $470,000 $477 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,439/month

About This Home

As of April 2024

WINTER RENTAL available in Wannamassa section of Ocean. House has been recently painted inside and out and is a furnished charming 2 bedroom 1 bath bungalow. Located on a great street in a cute neighborhood, it's 1.8 miles from Asbury Park Beach. There is plenty of outside space whether it's sitting sipping coffee on the front porch or flipping hamburgers and hot dogs on the grill in the spacious back yard. It's close to GSP, Routes 35 & 18 and plenty of shopping. DO NOT WALK PROPERTY WITHOUT CONFIRMED APPOINTMENT.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
May 9, 2024
Sold by
Abel Joseph
Bought by
Pentimone Timothy R and Mirabelli Frances C
Seller's Agent
Ronnie Glomb
Your Town Realty
Buyer's Agent
Kathleen McDonough
Ward Wight Sotheby's International Realty
List Price
$517,000
Sold Price
$470,000
Premium/Discount to List
-$47,000
-9.09%
Views
177
Current Estimated Value
$502,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,551
Avg. Annual Appreciation
5.89%
Original Mortgage
$375,000
Outstanding Balance
$371,375
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$131,176

Purchase Details

Closed on
Jan 4, 2008
Sold by
Mcmahon Joseph and Burke Roberta P
Bought by
Abel Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,137
Interest Rate
6.02%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 1994
Sold by
Est Of Elsie Kemmerling
Bought by
Mcmahon Joseph and Mcmahon Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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ICE

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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
Pentimone Timothy R $470,000 Main Street Title
Abel Joseph $250,000 None Available
Mcmahon Joseph $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pentimone Timothy R $375,000
Previous Owner Abel Joseph $255,931
Previous Owner Abel Joseph $249,829
Previous Owner Abel Joseph $246,137
Previous Owner Mcmahon Joseph $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Rented $17,600 +780.0% --
09/09/2024 09/09/24 Under Contract -- -- --
09/06/2024 09/06/24 For Rent $2,000 0.0% --
04/19/2024 04/19/24 Sold $470,000 -3.8% $477 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $488,500 -5.5% $495 / Sq Ft
01/03/2024 01/03/24 For Sale $517,000 0.0% $524 / Sq Ft
12/22/2023 12/22/23 Off Market $517,000 -- --
12/18/2023 12/18/23 Price Changed $517,000 -0.2% $524 / Sq Ft
12/13/2023 12/13/23 Price Changed $518,000 -0.3% $525 / Sq Ft
10/31/2023 10/31/23 For Sale $519,500 -- $527 / Sq Ft

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 $7,662 $495,600 $370,000 $125,600
2023 $7,662 $492,100 $370,000 $122,100
2022 $6,834 $466,300 $350,000 $116,300
2021 $6,834 $341,200 $240,000 $101,200
2020 $7,461 $367,700 $268,800 $98,900
2019 $7,077 $340,900 $242,500 $98,400
2018 $6,640 $311,300 $217,500 $93,800
2017 $6,286 $293,600 $205,000 $88,600
2016 $5,981 $251,100 $155,000 $96,100
2015 $5,845 $248,600 $155,000 $93,600
2014 $5,978 $258,100 $175,000 $83,100
Source: Public Records

Agents Affiliated with this Home

  • Ronnie Glomb

    Seller's Agent in 2024

    Ronnie Glomb

    Your Town Realty

    (855) 600-2465

    1 in this area

    862 Total Sales

    Ronnie Glomb
    Section Image
  • Kathleen Mcdonough

    Seller's Agent in 2024

    Kathleen Mcdonough

    Christie's Int'l RE Group

    (732) 664-4999

    3 in this area

    39 Total Sales

    Kathleen Mcdonough
    Section Image
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Map

New Jersey Monmouth County Ocean 07712 Wanamassa

1314 Laurel Ave, Ocean, NJ

This home is located at 1314 Laurel Ave, Ocean, NJ 07712 and is currently estimated at $502,551, approximately $509 per square foot. 1314 Laurel Ave is a home located in Monmouth County with nearby schools including Ocean Township High School, St. Mary of the Assumption School, and Our Lady of Mount Carmel 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.

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