NOT LISTED FOR SALE

1501 Ocean Terrace Unit E Seaside Heights, NJ 08751

Estimated Value: $589,953 - $908,000

3 Beds
2 Baths
1,350 Sq Ft
$405/mo HOA Fee

Last Sold August 04, 2016

Last sale price $410,000 $304 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,514/month

100 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • New Kitchen
  • Ocean View
  • Oceanside
  • Deck

About This Home

As of August 2016

Mark Twain was once quoted as saying ''Buy Land, They're not Making It Anymore'' ... None more rare than Ocean Block, Far North Seaside Heights ... This is an Eight Unit Luxury Oceanside complex whose units RARELY become available. The beach is your back yard! One of The only true ocean block condominiums in Seaside Heights. Beautiful 3bd/2ba end unit with expansive ocean views in the desirable north end; adjacent to Ortley Beach. An open floor plan combines living, dining and kitchen area with 3 sets of sliders to south facing balcony overlooking beach and boardwalk. Relax by the new heated salt water pool with enclosed outdoor shower. Unit comes Turnkey with furniture, dishes, glasses, silverware, pots & pans, linens, towels, & 2 bicycles. South Facing Ocean View Balcony, Tandem 2 Car Garage with 2 Storage Closets & Direct Access Entry Foyer, Audio/Video Security Monitor at Entry Door, Custom Cabinets, Granite Counters, Ceramic Tile, GE Profile Stainless Steel Appliances, Crown Molding Throughout, 9' Ceilings, Paddle Fans in Every room, Gas Fireplace with Blower, Cable Outlets in Every Room, Pre-wired for Security System, Master: W/W Capet, 2 Double Closets with Custom Orgaizers, Full Bath with Shower, Tile Floor, Granite Vanity, Jetted Bathtubwith Tile Surround. Ceramic Wood Flooring in Living Areas, Central Vacuum System, Rinnai On-Demand Hot Water, LG Full Size Front Load Washer/Dryer, Central HVAC, Surround Sound Stereo, Garbage Disposal, Under Cabinet Lights, Security/Fire resistant Safe, Anderson Hurricane Sliding Glass Door, Heated Salt Water Pool with Private Storage Cabana, Individual Whole House Water Filter, 3 Flat Screen Televisions. Heights has been nominated in USA Today's latest 10 Best Readers' Choice travel award contest! USA Today's expert panel selected Seaside Heights as a contender for Best Boardwalk, which just launched. The contest, which is being promoted by USA TODAY, gives voters four weeks to vote for the candidate of their choice here. A person can vote once a day for the run of the contest.Voting ends Monday, May 23rd, 2016 at 11:59am EDT and the winners will be announced on 10 Best on Friday, May 27th, 2016 at 12:00pm EDT, then later on USA TODAY. Help Seaside Heights win and be known as the best boardwalk!

Last Agent to Sell the Property

Justin Leach

RE/MAX Real Estate LTD. Listed on: 03/16/2016

Co-Listed By

Bruce Glorsky

RE/MAX Real Estate LTD.

Last Buyer's Agent

Bruce Glorsky

Real Estate, LTD

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,577

Year Built

  • Built in 2007

Lot Details

  • Beach Front
  • End Unit

HOA Fees

  • $405 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Visitor Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Light Fixtures
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Oceanside
  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Storage
  • Storage Shed

Location

  • Upper Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00055-0000-00006-05-C.B5

Community Details

Overview

  • 8 Units

Recreation

  • Community Pool
  • Recreational Area

Pet Policy

  • Limit on the number of pets

Additional Features

  • Community Deck or Porch
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,577

Year Built

Built in 2007

Lot Details

0

HOA Fees

$405 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Beachfront, Oceanside
  • ResoPoolFeatures: Heated, In Ground, Salt Water
  • Reso Association Amenities: Deck, Swimming, Pool
  • Co List Office Mls Id: 3228
  • Co List Office Phone: 732-410-7100
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Central Vacuum, Dryer, Light Fixtures, Microwave, Refrigerator, Screens, Garbage Disposal, Gas Cooking, Intercom
  • Subdivision Name: None
  • Architectural Style: End Unit, One Level Unit, Upper Level, Condo
  • Reso Flooring: Ceramic Tile, W/W Carpet
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 1st Flr, Dec Molding, Sliding Door, Eat-in Kitchen
  • Reso Other Structures: Storage Shed
  • Year Built: 2007
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Pool4: Yes
  • Pool Heated3: Yes
  • Exterior Controlled Access: Yes
  • General Property Info Lot Dimensions: 60 x 166.69
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Kitchen KitchenDine: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Garage Oversized: Yes
  • ExteriorOutdoorShower: Yes
  • Living Room Sliding Door2: Yes
  • Allowable One Dog: Yes
  • Included Garbage Disposal: Yes
  • Style End Unit: Yes
  • PoolSaltWater: Yes
  • Living Room Built-Ins2: Yes
  • Exterior Security System3: Yes
  • Exterior Rec Area: Yes
  • Living Room Floor - Ceramic2: Yes
  • General Property Info # UnitsBldgs: 8.0
  • Included Intercom: Yes
  • Parking Visitor: Yes
  • Common Elements Deck2: Yes
  • Siding Stucco - Synthetic: Yes
  • Lot Description Beachfront2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Central Vacuum: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: No
  • Construction Type: Synthetic Stucco
  • Exterior Features: Balcony, Controlled Access, Outdoor Shower, Rec Area, Security System, Storage, Swimming, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: See Remarks, Other, Assigned, Covered, Off Street, Visitor, Oversized
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 405.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Dimensions: 60 x 166.69
  • Parcel #: 27-00055-0000-00006-05-C.B5

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7577.0

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Jul 25, 2016
Sold by
Rose Richard and Rose Ann Marie
Bought by
Buckley Christopher and Buckley Stephanie
Seller's Agent
Justin Leach
RE/MAX Real Estate LTD.
Buyer's Agent
Bruce Glorsky
Real Estate, LTD
Sold Price
$410,000
Current Estimated Value
$805,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,488
Avg. Annual Appreciation
7.62%
Original Mortgage
$369,000
Interest Rate
3.52%
Mortgage Type
New Conventional
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
Buckley Christopher $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buckley Christopher $369,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2016 08/04/16 Sold $410,000 -- $304 / 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 $10,058 $718,600 $375,000 $343,600
2024 $9,334 $354,900 $150,000 $204,900
2023 $8,876 $354,900 $150,000 $204,900
2022 $8,876 $354,900 $150,000 $204,900
2021 $8,559 $354,900 $150,000 $204,900
2020 $8,617 $354,900 $150,000 $204,900
2019 $8,358 $354,900 $150,000 $204,900
2018 $8,138 $354,900 $150,000 $204,900
2017 $7,985 $354,900 $150,000 $204,900
2016 $7,850 $354,900 $150,000 $204,900
2015 $7,577 $354,900 $150,000 $204,900
2014 $6,938 $354,900 $150,000 $204,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21610028

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00055-0000-00006-05-C.B5