NOT LISTED FOR SALE

Estimated Value: $458,000 - $505,000

1 Bed
1 Bath
-- Sq Ft
479 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $395,000

Est. 23% increase in value since last sale

Current estimated payment $2,974/month

Highlights

  • River View
  • Furnished
  • Air Conditioning
  • Wolf Hill Elementary School Rated A-
  • Balcony
  • Heating Available

About This Home

As of February 2024

This updated one bedroom condo makes for the perfect summer getaway just steps away from public BEACH access. Available Memorial Day through Labor Day or monthly! Enjoy the ocean breeze, amazing sunsets and spectacular WATER VIEWS of the Shrewsbury River from your private BALCONY of this upper level condo. Fully FURNISHED with IN-UNIT laundry to make your summer stay relaxing. Located walking distance to restaurants, bars, shopping and live music in beautiful Sea Bright. Just Minutes to NY Ferry, Bus, Pier Village, and highways. Available monthly June $5,000, July $6,000 or August $6,000 or for entire season at $16,500 Memorial Day - Labor Day.

Last Agent to Rent the Property

Amanda Fasano

RE/MAX First Realty Listed on: 02/01/2024

Last Renter's Agent

AMY JOHNSON

Better Homes and Gardens Real Estate Murphy & Co. License #1970177

Better Homes and Gardens Real Estate Murphy & Co.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,929

Year Built

  • 1989

Lot Details

  • 479

Interior Spaces

  • 1-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Off-Street Parking
  • Assigned Parking

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available

Additional Features

  • Balcony
  • Upper Level

Community Details

  • Yacht Harbor Subdivision

Listing and Financial Details

  • Property Available on 5/27/24
  • Month-to-Month Lease Term
  • Short Term Lease
  • Assessor Parcel Number 42-00003-13-00012

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,929

Year Built

1989

Lot Details

0

Rental Info

  • Furnished: Yes, Furnished
  • Available Date: 2024-05-27

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Reso View: Waterview
  • Subdivision Name: Yacht Harbor
  • Architectural Style: Upper Level
  • Reso Interior Features: Balcony
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Maple Place
  • WaterSewer Public Water: Yes
  • Interior Balcony: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Contract Info Available Date: 2024-05-27
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 1
  • Furnished Full2: Yes
  • Furnished Yes: Yes
  • Water Type Riverfront: Yes
  • Lease Terms Month to Month: Yes
  • Lease Terms Short Term: Yes
  • Water Type Riverview: Yes
  • Special Features: None
  • Year Built (Public Record): 1989

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Waterfront Features: Riverfront, Riverview
  • Waterfront: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None, Assigned
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Parcel #: 42-00003-13-00012

MLS Schools

  • Elementary School: Wolf Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Oct 6, 2022
Sold by
Digiorgio Terri
Bought by
Forgach Jacqueline and Forgach Suzanne
Seller's Agent
Cynthia Aylward
O'Brien Realty, LLC
Buyer's Agent
Amanda Fasano
Weichert Realtors-Ocean
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Views
58
Current Estimated Value
$485,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,738
Avg. Annual Appreciation
7.42%
Original Mortgage
$315,000
Outstanding Balance
$303,085
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$182,653

Purchase Details

Closed on
Sep 2, 2003
Sold by
Mahoncak Kevin
Bought by
Digiorgio Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,850
Interest Rate
6.15%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2002
Sold by
Richards Kurt
Bought by
Mahonchak Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.01%

Purchase Details

Closed on
Jan 28, 2000
Sold by
Gervolino Joseph
Bought by
Richards Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.91%

Purchase Details

Closed on
Jan 8, 1997
Sold by
Tomasulo Louis
Bought by
Gervolino Joseph and Gervolino Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.36%

Purchase Details

Closed on
Mar 18, 1996
Sold by
Bristol Oaks L P
Bought by
Tomasulo Louis
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 Buyer Sale Price Title Company
Forgach Jacqueline $395,000 First American Title
Digiorgio Terri $205,000 --
Mahonchak Kevin $130,000 --
Richards Kurt $80,000 --
Gervolino Joseph $56,000 --
Tomasulo Louis $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forgach Jacqueline $315,000
Previous Owner Digiorgio Terri $146,700
Previous Owner Digiorgio Terri A $50,000
Previous Owner Digiorgio Terri $156,905
Previous Owner Digiorgio Terri $198,850
Previous Owner Mahonchak Kevin $104,000
Previous Owner Richards Kurt $64,000
Previous Owner Gervolino Joseph $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Rented $16,500 0.0% --
02/09/2024 02/09/24 Under Contract -- -- --
02/01/2024 02/01/24 For Rent $16,500 +10.0% --
09/29/2023 09/29/23 Rented $15,000 0.0% --
09/23/2023 09/23/23 Under Contract -- -- --
09/23/2023 09/23/23 Price Changed $15,000 +328.6% $21 / Sq Ft
08/23/2023 08/23/23 Price Changed $3,500 -30.0% $5 / Sq Ft
05/30/2023 05/30/23 For Rent $5,000 0.0% --
10/07/2022 10/07/22 Sold $395,000 -1.0% --
07/26/2022 07/26/22 For Sale $399,000 -- --
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
2024 $3,929 $394,700 $302,500 $92,200
2023 $3,929 $383,700 $302,500 $81,200
2022 $3,066 $308,100 $230,000 $78,100
2021 $3,066 $246,300 $170,000 $76,300
2020 $2,994 $233,200 $160,000 $73,200
2019 $3,220 $237,300 $165,000 $72,300
2018 $3,049 $212,300 $140,000 $72,300
2017 $2,628 $180,100 $110,000 $70,100
2016 $2,305 $176,600 $110,000 $66,600
2015 $2,313 $115,300 $45,000 $70,300
2014 $2,446 $122,500 $55,000 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22402910

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00003-13-00012