1340 Locust Dr Asbury Park, NJ 07712
4
Beds
1.5
Baths
1,761
Sq Ft
6,534
Sq Ft Lot
Highlights
- Lake Front
- Colonial Architecture
- Corner Lot
- Lake On Lot
- Wood Flooring
- No HOA
About This Home
As of August 2024A fantastic opportunity awaits. Whether you're drawn to restoring the existing home and preserving its unique charm or starting from scratch to design your dream home on the corner lot with partial lake views, the possibilities are indeed thrilling. Having all the necessary permits, variances, and town approvals already secured is a significant advantage, making the process smoother and more efficient. The fact that architectural plans are completed and approvals for a driveway and pool are in place adds even more convenience and peace of mind. Property is free and clear of oil tanks. This property offers the perfect canvas to create something truly exceptional in one of Asbury Park's most sought-after neighborhoods.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,593
Year Built
- Built in 1930
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 63 x 103
- Lake Front
- Fenced
- Corner Lot
Parking
- No Garage
Home Design
- Colonial Architecture
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,761 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Water Views
- Gas Cooktop
- Unfinished Basement
Flooring
- Wood
- Linoleum
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Lake On Lot
Utilities
- Air Conditioning
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 04-02104-0000-00001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2024
Closed on
Aug 15, 2024
Sold by
1340 Locust Drive Llc
Bought by
Minzner Daniel and Minzner Louisean
Seller's Agent
Deana Kreher
RE/MAX Gateway
Buyer's Agent
Sonja O'Brien
O'Brien Realty, LLC
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Total Days on Market
15
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,670
Avg. Annual Appreciation
5.03%
Purchase Details
Listed on
Sep 26, 2023
Closed on
Dec 19, 2023
Sold by
Bryant Calista G
Bought by
1340 Locust Drive Llc
Seller's Agent
Connie Maynard
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Deana Kreher
RE/MAX Gateway
List Price
$499,000
Sold Price
$455,000
Premium/Discount to List
-$44,000
-8.82%
Views
61
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.60%
Original Mortgage
$525,000
Interest Rate
6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 2020
Sold by
Norris David B and Rills Gregory J
Bought by
Koscuiszka Kelly Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $700,000 | Fidelity National Title | |
| Deed | $455,000 | None Listed On Document | |
| Deed | $799,000 | Trident Abstract Ttl Agcy Ll |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $525,000 | New Conventional | |
| Previous Owner | $600,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2024 08/14/24 | Sold | $700,000 | -6.7% | $398 / Sq Ft |
| 07/12/2024 07/12/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | For Sale | $750,000 | +64.8% | $426 / Sq Ft |
| 11/15/2023 11/15/23 | Sold | $455,000 | -8.8% | $258 / Sq Ft |
| 10/03/2023 10/03/23 | Pending | -- | -- | -- |
| 09/26/2023 09/26/23 | For Sale | $499,000 | 0.0% | $283 / Sq Ft |
| 09/13/2023 09/13/23 | Pending | -- | -- | -- |
| 08/31/2023 08/31/23 | For Sale | $499,000 | -- | $283 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $9,593 | $703,500 | $466,300 | $237,200 |
| 2023 | $9,593 | $620,500 | $345,700 | $274,800 |
| 2022 | $7,027 | $537,700 | $288,000 | $249,700 |
| 2021 | $7,027 | $488,800 | $261,900 | $226,900 |
| 2020 | $7,273 | $461,800 | $249,700 | $212,100 |
| 2019 | $6,882 | $417,100 | $237,800 | $179,300 |
| 2018 | $6,686 | $375,200 | $216,200 | $159,000 |
| 2017 | $6,893 | $331,400 | $188,000 | $143,400 |
| 2016 | $7,116 | $331,900 | $193,000 | $138,900 |
| 2015 | $6,797 | $307,000 | $171,700 | $135,300 |
| 2014 | $6,830 | $315,200 | $225,600 | $89,600 |
Source: Public Records
Agents Affiliated with this Home
-
Deana Kreher
Seller's Agent in 2024
Deana Kreher
RE/MAX
(732) 822-0631
23 in this area
70 Total Sales
-
Sonja O'Brien
Buyer's Agent in 2024
Sonja O'Brien
O'Brien Realty, LLC
(732) 832-5737
10 in this area
15 Total Sales
-
C
Seller's Agent in 2023
Connie Maynard
Berkshire Hathaway HomeServices Signature Properties
-
J
Seller Co-Listing Agent in 2023
Josh Starner
Berkshire Hathaway HomeServices Signature Properties
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22418124
APN: 04-02104-0000-00001
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