NOT LISTED FOR SALE

1504 N Wanamassa Dr Ocean, NJ 07712

Wanamassa Neighborhood

Estimated Value: $539,000 - $556,000

2 Beds
1 Bath
810 Sq Ft
$678/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $230,000 $284 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $3,631/month

14 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Cottage
  • Lake On Lot
  • No HOA
  • 1 Car Detached Garage

About This Home

As of October 2018

BACK ON THE MARKET!Location, location, location!! Cute 1-2 bedroom lakeview cottage in quiet neighborhood. This adorable diamond in the rough could be made back into its glory with some loving! Included is a separately deeded 50x32 lakefront strip of land so direct views of the lake.

Last Agent to Sell the Property

Bonnie Hogan

Oliver Brothers Listed on: 04/18/2018

Last Buyer's Agent

Shannon Mitchell

Vail Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 1931

Lot Details

  • Lot Dimensions are 50 x 84
  • Lake Front

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Lake On Lot
  • Porch

Schools

  • Ocean Twp High School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: tenants belongings which include the stove and fridge
  • Assessor Parcel Number 37-00119-0000-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,940

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lake
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch, Cottage/Bungalow
  • Reso Flooring: Tile, Wood
  • Year Built: 1931
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 84
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Style Ranch: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Floors Tile: Yes
  • Style CottageBungalow: Yes
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:Slab: Yes
  • OtherRoomsOther2: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exclusions: tenants belongings which include the stove and fridge
  • Exterior Features: Porch - Open
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 84
  • Parcel #: 37-00119-0000-00009
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4940.0

MLS Schools

  • High School: Ocean Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Brancato David and Oddo Sandra
Bought by
Brancato David and Oddo Sandra
Current Estimated Value
$549,412

Purchase Details

Closed on
Aug 16, 2018
Sold by
Hyde Kim and Winchester Robert
Bought by
Brancato David and Oddo Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,052
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2005
Sold by
Matthews James H
Bought by
Hyde Kim and Winchester Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.92%
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
Brancato David -- First American Title Insurance
Brancato David $230,000 First American Title Insuran
Hyde Kim $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brancato David $273,264
Previous Owner Brancato David $273,264
Previous Owner Brancato David $279,679
Previous Owner Brancato David $282,052
Previous Owner Hyde Kim $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $230,000 -- $284 / 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
2024 $7,161 $462,700 $364,000 $98,700
2023 $7,161 $459,900 $364,000 $95,900
2022 $6,442 $435,300 $344,000 $91,300
2021 $6,442 $321,600 $238,000 $83,600
2020 $7,091 $349,500 $267,700 $81,800
2019 $6,693 $322,400 $241,100 $81,300
2018 $6,262 $293,600 $216,100 $77,500
2017 $5,933 $277,100 $203,800 $73,300
2016 $4,940 $207,400 $153,800 $53,600
2015 $4,843 $206,000 $153,800 $52,200
2014 $4,201 $181,400 $173,800 $7,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21744053

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00119-0000-00009