NOT LISTED FOR SALE

1404 Summerfield Ave Asbury Park, NJ 07712

Estimated Value: $339,000 - $388,000

3 Beds
1 Bath
-- Sq Ft
2,443 Acres

Last Sold December 22, 2021

Last sale price $235,000

Est. 54% increase in value since last sale

Current estimated payment $2,266/month

48 Days on Market

Highlights

  • 2,443 Acre Lot
  • Covered Patio or Porch
  • Living Room
  • No HOA
  • Cooling Available
  • Ceramic Tile Flooring

About This Home

As of December 2021

Compact 3 bdrm, 1 bath with lovely open front porch. Tenant occupied. Pays $2000which includes utilities. 24 hours notice requested.

Last Agent to Sell the Property

Diane Ailor

C21/ Solid Gold Realty License #7830391 Listed on: 09/03/2021

Last Buyer's Agent

Debra Watson

Gloria Nilson & Co. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,024

Lot Details

  • 2,443 Acre Lot
  • Level Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-01304-0000-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: 2 Story
  • Reso Flooring: Vinyl, See Remarks, Other
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 2443.0
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Garage None4: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bath:Floor - Ceramic7: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 2443.0
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Porch - Open, Porch - Covered
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 106417080.0
  • Parcel #: 04-01304-0000-00006

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2024.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Dec 16, 2021
Sold by
Kavarakas Teddy G
Bought by
Kskt Development Llc
Seller's Agent
Diane Ailor
C21/ Solid Gold Realty
Buyer's Agent
Debra Watson
Gloria Nilson & Co. Real Estate
List Price
$285,000
Sold Price
$235,000
Premium/Discount to List
-$50,000
-17.54%
Current Estimated Value
$362,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,935
Avg. Annual Appreciation
11.60%
Original Mortgage
$176,250
Outstanding Balance
$162,125
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$200,810

Purchase Details

Closed on
May 15, 1997
Sold by
Fauntleroy Thomas
Bought by
Booker Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kskt Development Llc $235,000 Land Title
Kskt Development Llc $235,000 Land Title
Booker Bruce $60,000 --
Fauntleroy Thomas $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kskt Development Llc $176,250
Closed Kskt Development Llc $176,250
Previous Owner Fauntleroy Thomas $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $235,000 -17.5% --
09/03/2021 09/03/21 For Sale $285,000 -- --
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
2025 $4,289 $276,600 $96,800 $179,800
2024 $3,559 $271,100 $87,500 $183,600
2023 $3,559 $230,200 $49,000 $181,200
2022 $2,253 $197,400 $32,700 $164,700
2021 $2,253 $142,600 $31,700 $110,900
2020 $2,024 $128,500 $29,600 $98,900
2019 $1,721 $104,300 $28,200 $76,100
2018 $1,622 $91,000 $27,500 $63,500
2017 $1,984 $95,400 $26,900 $68,500
2016 $1,891 $88,200 $24,900 $63,300
2015 $1,846 $83,400 $21,800 $61,600
2014 $1,679 $77,500 $16,800 $60,700
Source: Public Records

Agents Affiliated with this Home

  • Diane Ailor

    Seller's Agent in 2021

    Diane Ailor

    C21/ Solid Gold Realty

    (732) 531-7772

    4 in this area

    16 Total Sales

    Diane Ailor
    Section Image

  • D

    Buyer's Agent in 2021

    Debra Watson

    BHHS Fox & Roach

  • D

    Buyer's Agent in 2021

    Debbie Watson

    Heritage House Sotheby's International Realty

    (615) 758-0488

    3 in this area

    7 Total Sales

    Debbie Watson
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22129312

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01304-0000-00006

New Jersey Monmouth County Asbury Park 07712

1404 Summerfield Ave, Asbury Park, NJ

Not Listed for Sale

Detached

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