NOT LISTED FOR SALE

1400 Summerfield Ave Asbury Park, NJ 07712

Estimated Value: $384,000 - $440,000

2 Beds
1 Bath
1,016 Sq Ft
$405/Sq Ft Est. Value

Last Sold May 05, 2014

Last sale price $51,000 $50 Per Sq Ft

Est. 708% increase in value since last sale

Current estimated payment $2,626/month

40 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Living Room
  • No HOA
  • Cooling Available
  • Heating System Uses Natural Gas

About This Home

As of May 2014

OLDER HOME LOCATED ON 2 CORNERS,OVERSIZED LOT 50X100 APPRX-HOUSE NEEDS COMPLETE REHAB-VANDALIZED-BEING SOLD AS IS AND ALL CERT/INSPC RESP OF BUYER. CASH OFFERS ONLY! FIRST LOOK: SELLER WILL ONLY ENTERTAIN OWNER OCCUPANT OFFERS THRU 3/20/2014

Last Agent to Sell the Property

Marie Kahvajian

J.J. Murphy Realty, Inc. Listed on: 03/05/2014

Last Buyer's Agent

Marie Kahvajian

J.J. Murphy Realty, Inc. Listed on: 03/05/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,387

Lot Details

  • 5,489

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Bangs Avenue Elementary School
  • Asbury Park High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01304000000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,387

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Flooring: See Remarks, Other
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 01304000000008

MLS Schools

  • Elementary School: Bangs Avenue
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
Apr 29, 2014
Sold by
The Federal Home Loan Mortgage Corp and Zucker Leonard B
Bought by
Spillman Allison
Seller's Agent
Marie Kahvajian
J.J. Murphy Realty, Inc.
Buyer's Agent
Marie Kahvajian
J.J. Murphy Realty, Inc.
Sold Price
$51,000
Current Estimated Value
$411,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,901
Avg. Annual Appreciation
20.00%

Purchase Details

Closed on
Jun 14, 2013
Sold by
Dawes Oral B and Dawes Maria V
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 12, 2007
Sold by
Trachs Inc
Bought by
Dawes Oral B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,875
Interest Rate
6.16%

Purchase Details

Closed on
Jul 8, 1997
Sold by
Handerhan Erin
Bought by
Gallo Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.79%

Purchase Details

Closed on
Dec 5, 1995
Sold by
Cc&P Enterprises
Bought by
Handerhan Erin

Purchase Details

Closed on
Nov 22, 1995
Sold by
Security Pacific Finl
Bought by
Ccp Enterprises
Source: Public Records

Range of Values:

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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
Spillman Allison -- Fortune Title Agency Inc
Spillman Allison $51,000 Fortune Title Agency Inc
Federal Home Loan Mortgage Corporation -- None Available
Dawes Oral B $132,500 --
Gallo Anthony $90,000 --
Handerhan Erin $68,000 --
Ccp Enterprises $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dawes Oral B $125,875
Previous Owner Gallo Anthony $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2014 05/05/14 Sold $51,000 -- $50 / 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 $5,387 $349,500 $140,100 $209,400
2024 $4,020 $340,500 $126,700 $213,800
2023 $4,020 $260,000 $86,700 $173,300
2022 $3,438 $253,300 $57,800 $195,500
2021 $3,438 $217,600 $56,100 $161,500
2020 $3,093 $196,400 $54,000 $142,400
2019 $2,800 $169,700 $51,500 $118,200
2018 $2,639 $148,100 $48,600 $99,500
2017 $2,309 $111,000 $46,300 $64,700
2016 $2,193 $102,300 $44,300 $58,000
2015 $2,159 $97,500 $41,000 $56,500
2014 $2,087 $96,300 $36,000 $60,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21407792

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01304-0000-00008