NOT LISTED FOR SALE

1505 Fernwood Ave Point Pleasant Boro, NJ 08742

Estimated Value: $517,922 - $572,000

2 Beds
1 Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold April 15, 2021

Last sale price $390,000

Est. 39% increase in value since last sale

Current estimated payment $3,492/month

7 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Fenced
  • No HOA
  • Central Air
  • Storage Shed

About This Home

As of April 2021

Fantastic opportunity to live in Point Pleasant! Completely updated 2 bdrm, 1 bath ranch in a desirable neighborhood just blocks from the Dorsett Dock Wharf. House features a dining room that can be converted into a third bedroom. The kitchen is newly renovated with stainless steel appliances and granite countertops. Hardwood floors throughout and freshly painted walls, with a brand new roof and newer HVAC. House also features oversized screened-in back patio for summer entertaining. This home is centrally located to schools, shopping, parks and Bay Head Beach with no flood insurance needed!

Last Listed By

CRAIG BRONOWICH

Keller Williams Realty Ocean Living License #1434042 Listed on: 03/12/2021

Keller Williams Realty Ocean Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,155

Year Built

  • Built in 1956

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Fenced

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Nellie F. Bennett Elementary School
  • Memorial Middle School

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 25-00326-0000-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,155

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Attic - Pull Down Stairs
  • Reso Other Structures: Storage Shed
  • Year Built: 1956
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Memorial
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Style Ranch: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exterior Features: Fence, Patio, Other
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 25-00326-0000-00020

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5155.0

MLS Schools

  • Elementary School: Nellie F. Bennett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 13, 2021
Sold by
Licamara Anthony and Licamara Laurie
Bought by
Meichionda Theodore A
Seller's Agent
CRAIG BRONOWICH
Keller Williams Realty Ocean Living
Buyer's Agent
Gennarino Gencarelli
RE/MAX Bay Point Realtors
List Price
$349,999
Sold Price
$390,000
Premium/Discount to List
$40,001
11.43%
Total Days on Market
7
Current Estimated Value
$543,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,481
Avg. Annual Appreciation
8.41%

Purchase Details

Listed on
Jan 17, 2014
Closed on
May 15, 2014
Sold by
Gagliardi Levine Natalie and Levine Rory
Bought by
Licamara Anthony and Licamara Laurie
Seller's Agent
Richard Gagliardi
Realty One Group Emerge
Buyer's Agent
Lucy Korzelius
EXP Realty
Sold Price
$248,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$243,508
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2008
Sold by
Nolan Gwen
Bought by
Gagliardi Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2001
Sold by
Adcock John
Bought by
Nolan Gwen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.21%

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
Meichionda Theodore A $390,000 Propert Transfer Svcs Inc
Licamara Anthony $248,000 Agent For Old Republic Natl
Gagliardi Natalie $257,500 None Available
Nolan Gwen $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melchionda Theodore A $270,000
Previous Owner Licamara Anthony $25,000
Previous Owner Licamara Antony $244,370
Previous Owner Licamara Anthony $243,508
Previous Owner Gagliardi Natalie $15,000
Previous Owner Gagliardi Natalie $200,000
Previous Owner Nolan Gwen $40,000
Previous Owner Nolan Gwen $32,000
Previous Owner Nolan Gwen $135,500
Previous Owner Nolan Gwen $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $390,000 +11.4% --
03/19/2021 03/19/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $349,999 +41.1% --
05/20/2014 05/20/14 Sold $248,000 -- --
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 $5,402 $247,100 $180,000 $67,100
2023 $5,290 $247,100 $180,000 $67,100
2022 $5,290 $247,100 $180,000 $67,100
2021 $5,209 $247,100 $180,000 $67,100
2020 $5,155 $247,100 $180,000 $67,100
2019 $5,085 $247,100 $180,000 $67,100
2018 $4,935 $247,100 $180,000 $67,100
2017 $4,785 $245,000 $180,000 $65,000
2016 $4,748 $245,000 $180,000 $65,000
2015 $4,692 $245,000 $180,000 $65,000
2014 $4,584 $245,000 $180,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22107252

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00326-0000-00020