$135,000
SOLD JUN 17, 2020
2 Beds
1 Bath
1,152 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

9% Below List Price

19 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

This home is located at 1318 Franklin Pkwy, Ocean, NJ 07712 and is currently priced at $135,000, approximately $117 per square foot. This property was built in 1948. 1318 Franklin Pkwy 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.

Last Agent to Sell the Property

Moataz Ghounem

Nationwide Homes Realty Listed on: 12/18/2019

Last Buyer's Agent

Moataz Ghounem

Nationwide Homes Realty Listed on: 12/18/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,506

Year Built

  • Built in 1948

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Property is zoned UNKONWN

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Property has 2.5 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 37-00104-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,506

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1948
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2.5
  • Basement: No
  • Total Sq Ft: 1152
  • Living Area Sq Ft: 1152
  • Price Per Sq Ft: 129.34
  • Above Grade Finished Sq Ft: 1152
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1318

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LONG BRANCH SCHOOLS
  • School District Key: 300200396325
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 118400.00
  • Land Assessed Value: 195000.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Year Assessed: 2019
  • Zoning: UNKONWN

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3634296
  • Tax Annual Amount: 6506.00
  • Assessor Parcel Number: 37-00104-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 1152
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/17/2020

MLS Schools

  • School District Name: LONG BRANCH SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 14, 2020
Sold by
Imperial Equities Llc
Bought by
Roeder Christopher A and Roeder Linda
Seller's Agent
Joshua Weingarten
Nationwide Homes Realty
Buyer's Agent
Meghan Carroll
RE/MAX Elite
List Price
$399,000
Sold Price
$388,000
Premium/Discount to List
-$11,000
-2.76%
Current Estimated Value
$592,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,800
Avg. Annual Appreciation
9.29%
Original Mortgage
$280,000
Interest Rate
2.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2019
Closed on
Jun 17, 2020
Sold by
Maravgakis Nicholas and Thomas Kathy Ann
Bought by
Imperial Equities Llc
Seller's Agent
Moataz Ghounem
Nationwide Homes Realty
Buyer's Agent
Moataz Ghounem
Nationwide Homes Realty
List Price
$149,000
Sold Price
$135,000
Premium/Discount to List
-$14,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2351.25%
Original Mortgage
$100,000
Interest Rate
3.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2001
Sold by
Thomas Jonathan
Bought by
Maravgakis Nichaolas and Maravgakis Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.97%

Purchase Details

Closed on
Jul 21, 1994
Sold by
White Svea
Bought by
Thomas Jonathan and Ende Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $388,000 Foundation Title
Deed $135,000 Cross Bridge Title
Deed $165,000 --
Deed $107,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $280,000 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $300,000 Adjustable Rate Mortgage/ARM
Previous Owner $260,000 Adjustable Rate Mortgage/ARM
Previous Owner $132,000 No Value Available
Previous Owner $102,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $388,000 -2.8% $337 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/30/2020 08/30/20 For Sale $399,000 +195.6% $346 / Sq Ft
06/17/2020 06/17/20 Sold $135,000 -9.4% $117 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $149,000 -- $129 / Sq Ft
Source: Bright MLS

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 $7,618 $529,800 $370,000 $159,800
2023 $7,618 $489,300 $334,000 $155,300
2022 $6,998 $401,900 $254,000 $147,900
2021 $6,998 $349,400 $227,500 $121,900
2020 $6,830 $336,600 $217,500 $119,100
2019 $6,506 $313,400 $195,000 $118,400
2018 $6,461 $302,900 $190,000 $112,900
2017 $6,031 $281,700 $175,000 $106,700
2016 $5,676 $238,300 $145,000 $93,300
2015 $5,544 $235,800 $145,000 $90,800
2014 $5,952 $257,000 $175,000 $82,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMM109960

Bright MLS

APN: 37-00104-0000-00016