NOT LISTED FOR SALE

1316 Chestnut Ave Ocean, NJ 07712

Wanamassa Neighborhood

Estimated Value: $755,488 - $812,000

3 Beds
2 Baths
1,966 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $652,000 $332 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,956/month

33 Days on Market

Highlights

  • Cape Cod Architecture
  • Granite Countertops
  • Ceiling height of 9 feet on the main level
  • Wood Flooring
  • No HOA
  • Home Security System

About This Home

As of August 2022

This is a COMING SOON and cannot be shown until July 9th. Welcome to 1316 Chestnut Ave! Located on a quiet street in the heart of Wanamassa, this updated home just under 2000 sq ft home features 3 bedrooms plus an office/possible 4th bedroom and 2 full baths. Master bedroom features a generous walk in closet. Large family room addition with high ceilings and skylights along with a level 75x100 fenced in lot is great for entertaining! Only minutes to Asbury Park, major highways and shopping.

Last Agent to Sell the Property

Erin Peluso

RE/MAX Synergy Listed on: 07/09/2022

Last Buyer's Agent

Andrew Rockman

RE/MAX 1st. Advantage License #1643808

RE/MAX 1st. Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,868

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75 x 100
  • Fenced

Home Design

  • Cape Cod Architecture
  • Asphalt Rolled Roof

Interior Spaces

  • 1,966 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Home Security System
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Wanamassa Elementary School
  • Ocean Twp High School

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal belongings, Hot tub
  • Assessor Parcel Number 37-00108-0000-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,868

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
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Security System
  • Year Built: 1948
  • Contract Info List PriceSqFt: 317.85
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 75 x 100
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style Cape: Yes
  • Kitchen GraniteStone Counter: Yes
  • Roof Timberline: Yes
  • Kitchen Ceramic Tile3: Yes
  • Water Heater Tank: Yes
  • Cooling 2 Zoned AC: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:None2: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Personal belongings, Hot tub
  • Exterior Features: Fence

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75 x 100
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 37-00108-0000-00015

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7868.0

MLS Schools

  • Elementary School: Wanamassa
  • High School: Ocean Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2017
Sold by
Monmouth County Sheriff
Bought by
Condurso Christopher
Current Estimated Value
$788,622

Purchase Details

Closed on
Feb 26, 2007
Sold by
Gidlewski Joshua M
Bought by
Derosa Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2004
Sold by
Mccandless William
Bought by
Gidlewski Joshua and Gidlewski Cailin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.02%

Purchase Details

Closed on
Jun 2, 1994
Sold by
Valgento John
Bought by
Mccandless William and Mccandless Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
8.29%
Mortgage Type
FHA
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
Condurso Christopher $251,000 None Available
Derosa Ross $390,000 --
Gidlewski Joshua $390,000 --
Mccandless William $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derosa Ross $170,000
Previous Owner Gidlewski Joshua $312,000
Previous Owner Mccandless William $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $652,000 +4.3% $332 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $624,900 0.0% $318 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $624,900 -- $318 / 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 $9,694 $725,100 $445,000 $280,100
2024 $8,350 $667,200 $407,500 $259,700
2023 $8,350 $536,300 $346,500 $189,800
2022 $7,868 $447,200 $266,500 $180,700
2021 $7,868 $392,800 $235,000 $157,800
2020 $7,694 $379,200 $225,000 $154,200
2019 $7,386 $355,800 $202,500 $153,300
2018 $7,331 $343,700 $197,500 $146,200
2017 $6,864 $320,600 $182,500 $138,100
2016 $6,705 $281,500 $152,500 $129,000
2015 $6,540 $278,200 $152,500 $125,700
2014 $6,848 $295,700 $182,500 $113,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Erin Peluso

    RE/MAX

  • A

    Buyer's Agent in 2022

    Andrew Rockman

    RE/MAX

    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22220997

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00108-0000-00015

New Jersey Monmouth County Ocean 07712 Wanamassa

1316 Chestnut 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