NOT LISTED FOR SALE

Estimated Value: $979,000 - $1,548,000

5 Beds
3 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold February 16, 2021

Last sale price $580,000

Est. 118% increase in value since last sale

Current estimated payment $8,289/month

106 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • Oceanside
  • Shore Colonial Architecture
  • Oversized Lot

About This Home

As of February 2021

FEATURED LISTING...HERE IS A UNIQUE OPPORTUNITY TO PURCHASE A LEGAL 2 FAMILY IN DESIRABLE ORTLEY BEACH ON THE BEACH SIDE. THIS HOME IS STEPS TO THE BEACH AND TO ALL THAT THE JERSEY SHORE OFFERS. BRING ALL YOUR FRIENDS AND FAMILY AS THIS VERY LARGE AND SPACIOUS PROPERTY HAS 5 BEDS AND 3 FULL BATHS. THE 1ST LEVEL HAS 2 BEDS AND 2 BATHS AND LOTS OF SPACE! THERE IS A WONDERFUL BACK PORCH OVER LOOKING THE SPACIOUS BACK YARD. UPPER UNIT HAS 3 BEDS/ 1 BATH AND A WONDERFUL BACK DECK. THIS HOME SITS ON A 40 X 100 LOT ON THE OCEAN SIDE. HOME WAS SUBSTANTIALLY DAMAGED IN SANDY, SO PLEASE DO YOUR DUE DILIGENCE. THE CURRENT OWNERS HAVE BEEN RENTING IT AND IT IS AN INVESTORS DREAM. THE 1ST FLOOR UNIT WILL RENT FOR $2,500/WEEK AND THE TOP FLOOR UNIT FOR 2,200/WEEK IN SEASON. CHECK THIS ONE OUT

Last Listed By

Lisa Temple

Keller Williams Shore Properties License #1221682 Listed on: 09/24/2020

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,513

Year Built

  • Built in 1956

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Oversized Lot

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Linoleum Flooring
  • Ocean Views
  • Crawl Space
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • Oversized Parking
  • Gravel Driveway
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Oceanside
  • Deck
  • Shed
  • Outdoor Grill

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-01036-0000-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,513

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanside, Oversized
  • Inclusions: Washer, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Shore Colonial, 2 Story
  • New Construction: No
  • Year Built: 1956
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 40 x 100
  • General Property Info Farm: No
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Style Shore Colonial: Yes
  • Parking Oversized2: Yes
  • Exterior BBQ: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: No
  • Exterior Features: BBQ, Deck, Shed
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Driveway, Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 08-01036-0000-00020
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9513.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Feb 12, 2021
Sold by
Azzinnari Cosmo and Azzinnari Carol
Bought by
Smith William and Smith Allison
Seller's Agent
Lisa Temple
Keller Williams Shore Properties
Buyer's Agent
Timothy O'Shea
Birchler Realtors
List Price
$699,000
Sold Price
$580,000
Premium/Discount to List
-$119,000
-17.02%
Total Days on Market
106
Current Estimated Value
$1,265,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$685,877
Avg. Annual Appreciation
19.82%
Original Mortgage
$464,000
Outstanding Balance
$423,436
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$822,994

Purchase Details

Closed on
Dec 1, 1997
Sold by
Bogush James and Bogush Kenneth
Bought by
Azinnari Cosmo and Azinnari Carol

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
Smith William $580,000 Old Republic Natl Ttl Ins Co
Azinnari Cosmo $135,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith William $464,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $580,000 -3.3% --
01/08/2021 01/08/21 Pending -- -- --
12/29/2020 12/29/20 Price Changed $600,000 -7.6% --
10/13/2020 10/13/20 Price Changed $649,000 -7.2% --
09/24/2020 09/24/20 For Sale $699,000 -- --
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 $15,252 $881,100 $487,000 $394,100
2023 $14,706 $881,100 $487,000 $394,100
2022 $8,128 $487,000 $487,000 $0
2021 $9,987 $398,700 $262,500 $136,200
2020 $9,944 $398,700 $262,500 $136,200
2019 $9,513 $398,700 $262,500 $136,200
2018 $9,385 $398,700 $262,500 $136,200
2017 $9,306 $398,700 $262,500 $136,200
2016 $9,062 $398,700 $262,500 $136,200
2015 $8,013 $366,400 $262,500 $103,900
2014 $5,682 $272,900 $262,500 $10,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22034279

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01036-0000-00020