NOT LISTED FOR SALE

1411 Summerfield Ave Asbury Park, NJ 07712

Estimated Value: $523,072 - $713,000

3 Beds
1 Bath
2,160 Sq Ft
$281/Sq Ft Est. Value

Last Sold January 30, 2017

Last sale price $115,000 $53 Per Sq Ft

Est. 428% increase in value since last sale

Current estimated payment $3,759/month

8 Days on Market

Highlights

  • Cooling Available
  • Heating System Uses Natural Gas
  • 1-Story Property

About This Home

As of January 2017

Vacant. corporate Owned. Sold As-Is. This property qualifies for Freddie Mac First Look Initiative through 7/10/2016 to allow for owner occupied buyers and second home buyers who will occupy the home as a second home, to submit offers. Investors may submit offers, however, will not be considered until after the 20 day period for owner occupied buyers. Large lot near the beach and shopping.

Last Agent to Sell the Property

EDWARD BECHOLD

Real Estate Professionals License #7810681 Listed on: 12/06/2016

Last Buyer's Agent

moshe loewy

Keypoint Realty LLC License #1005723

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $126

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 25 x 100

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Schools

  • Asbury Park Middle School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 23-00058-0000-00020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$126

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Other, See Remarks
  • ResoPoolFeatures: See Remarks
  • Subdivision Name: None
  • Reso Accessibility Features: Other - See Remarks
  • Reso Flooring: See Remarks, Other
  • New Construction: No
  • Year Built: 1950
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 100
  • Location Middle School: Asbury Park
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Other - See Remarks
  • Waterfront: No
  • Construction:Siding - Vinyl: 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: Other, See Remarks
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 25 x 100
  • Parcel #: 23-00058-0000-00020
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 126.0
  • Tax Other Annual Assessment Amount: 3600.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2016
Closed on
Feb 7, 2017
Sold by
Federal Home Loan Mortgag E Corporatio N
Bought by
Farkas Yehuda
Seller's Agent
EDWARD BECHOLD
Real Estate Professionals
Buyer's Agent
moshe loewy
Keypoint Realty LLC
Sold Price
$115,000
Current Estimated Value
$607,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,268
Avg. Annual Appreciation
21.40%
Interest Rate
4.19%

Purchase Details

Closed on
Apr 10, 2006
Sold by
Modular Development I Lp
Bought by
Andres Mary Jo and Patla Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
7.5%
Mortgage Type
Commercial
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
Farkas Yehuda $115,000 --
Andres Mary Jo $297,500 --
Modular Development I Lp $112,164 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yehuda Holdings Llc $446,250
Closed Farkas Yehuda --
Previous Owner Andres Mary Jo $238,000
Previous Owner Modular Development I Lp $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2017 01/30/17 Sold $115,000 -- $53 / 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 $5,471 $355,100 $136,300 $218,800
2024 $4,550 $345,800 $122,400 $223,400
2023 $4,550 $294,300 $84,800 $209,500
2022 $3,885 $290,500 $56,500 $234,000
2021 $3,885 $245,900 $54,900 $191,000
2020 $3,378 $214,500 $52,800 $161,700
2019 $2,945 $178,500 $50,300 $128,200
2018 $2,723 $152,800 $47,500 $105,300
2017 $2,646 $127,200 $45,300 $81,900
2016 $3,433 $160,100 $43,300 $116,800
2015 $3,405 $153,800 $40,000 $113,800
2014 $3,192 $147,300 $35,000 $112,300
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    EDWARD BECHOLD

    Real Estate Professionals

    Section Image

  • m

    Buyer's Agent in 2017

    moshe loewy

    Keypoint Realty LLC

    (908) 216-8774

    1 Total Sale

    moshe loewy
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21624553

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01303-0000-00046

New Jersey Monmouth County Asbury Park 07712

1411 Summerfield Ave, Asbury Park, NJ

This home is located at 1411 Summerfield Ave, Asbury Park, NJ 07712 since 06 December 2016 and is currently estimated at $607,268, approximately $281 per square foot. This property was built in 1950. 1411 Summerfield Ave is a home located in Monmouth County with nearby schools including Asbury Park High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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