NOT LISTED FOR SALE

1506 Chestnut Ave Ocean, NJ 07712

Wanamassa Neighborhood

Estimated Value: $724,961

4 Beds
1 Bath
1,427 Sq Ft
$508/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2019

Last sale price $280,000 $196 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,813 / mo

50 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Ceramic Tile Flooring
  • Main Floor Primary Bedroom
  • Living Room
  • 5-minute walk to Dave Dahrouge Park

About This Home

As of May 2019

Great Cape Cod home located in sought after Wanamassa section of Ocean. First presentation of this home which was built in 1948. Handyman Special which needs updating. Has 4 bedrooms (two on the first floor and two on the second. ) Has an extra room which can be used as an office. Pine floors under most carpets. Gas at street. All electric. Original boiler. Roof about 25 years old. Full, unfinished basement. Nice size yard for entertaining. Near beaches, parks etc. Great opportunities here at this adorable home!

Last Agent to Sell the Property

Geraldine McCarthy

Theobald Properties LLC License #8745157 Listed on: 02/07/2019

Last Buyer's Agent

Geraldine McCarthy

Theobald Properties LLC License #8745157 Listed on: 02/07/2019

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,922

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50 x 100
  • Fenced
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Pitched Roof
  • Aluminum Siding

Interior Spaces

  • 1,427 Sq Ft Home
  • 2-Story Property
  • Light Fixtures
  • Living Room
  • Attic Fan

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Exterior Lighting

Schools

  • Wanamassa Elementary School
  • Ocean Middle School
  • Ocean Twp High School

Utilities

  • Radiator
  • Boiler Heating System
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 37-00087-0000-00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,922

Year Built

Built in 1948

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dishwasher, Dryer, Light Fixtures, Stove, Attic Fan
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Flooring: Ceramic Tile, W/W Carpet, See Remarks, Other
  • Reso Interior Features: Attic - Other
  • Year Built: 1948
  • Contract Info List PriceSqFt: 230.55
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Ocean
  • ExteriorFence: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Style Cape: Yes
  • Water Heater Off Boiler: Yes
  • Heating Oil Above Ground: Yes
  • Roof Sloping: Yes
  • Included Attic Fan: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • OtherRoomsOther2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Sloping
  • Topography: Level
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Fence, Lighting

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator, Oil Above Ground
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Ocean

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 37-00087-0000-00042
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6922.0

MLS Schools

  • Elementary School: Wanamassa
  • High School: Ocean Twp

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
May 13, 2019
Sold by
Hertzog John R and Estate Of Sandra J Hertzog
Bought by
Seller's Agent
Geraldine McCarthy
Theobald Properties LLC
Buyer's Agent
Geraldine McCarthy
Theobald Properties LLC
Sold Price
$280,000
Current Estimated Value
$724,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,961
Avg. Annual Appreciation
13.88%
Original Mortgage
$122,100
Interest Rate
4.62%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wanamassa, NJ

  • Rhea Goldsmith Real Estate Agent - Jersey Shore Real Estate Group Associates LLC

    Rhea Goldsmith

    Jersey Shore Real Estate Group Associates LLC

    (848) 272-7307

    52 Total Sales

    1 in Wanamassa

    $780,000 Price

    Rhea Goldsmith
     Section Image
  • Allegra Cojab Real Estate Agent - VRI Homes

    Allegra Cojab

    VRI Homes

    (848) 272-7503

    58 Total Sales

    4 in Wanamassa

    $390K - $515K Price Range

    Allegra Cojab
     Section Image
  • Lara Krall Real Estate Agent - Bottone Realty Group Inc

    Lara Krall

    Bottone Realty Group Inc

    (973) 214-7292

    77 Total Sales

    1 in Wanamassa

    $565,000 Price

    Lara Krall
     Section Image
  • Alan Kurlander Real Estate Agent - Coldwell Banker Realty

    Alan Kurlander

    Coldwell Banker Realty

    (732) 702-6183

    311 Total Sales

    1 in Wanamassa

    $1,051,000 Price

    Alan Kurlander
     Section Image
  • Nancy Chu Real Estate Agent - Keller Williams Realty - NJ Metro Group

    Nancy Chu

    Keller Williams Realty - NJ Metro Group

    (973) 604-6671

    300 Total Sales

    2 in Wanamassa

    $485,000 Price Range

    Nancy Chu
     Section Image
  • Maurice Molcho Real Estate Agent - American Homes Group

    Maurice Molcho

    American Homes Group

    (917) 397-0054

    102 Total Sales

    8 in Wanamassa

    $690K - $1.2M Price Range

    Maurice Molcho
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$280,000 Ocean Settlement Services
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $133,000
Closed Hunt James E $122,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2019 05/28/19 Sold $280,000 -- $196 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,273 $668,400 $475,800 $192,600
2025 $8,273 $599,900 $440,800 $159,100
2024 $8,738 $565,500 $410,000 $155,500
2023 $8,738 $561,200 $410,000 $151,200
2022 $7,283 $473,900 $330,000 $143,900
2021 $7,283 $363,600 $240,000 $123,600
2020 $7,321 $360,800 $240,000 $120,800
2019 $7,372 $355,100 $235,000 $120,100
2018 $6,922 $324,500 $210,000 $114,500
2017 $6,813 $318,200 $210,000 $108,200
2016 $5,931 $249,000 $152,500 $96,500
2015 $5,545 $246,500 $152,500 $94,000
2014 $5,735 $258,400 $175,000 $83,400
Source: Public Records

Agents Affiliated with this Home

  • GM

    Seller's Agent in 2019

    Geraldine McCarthy

    Theobald Properties LLC

    (732) 616-0461

    12 Total Sales

    Geraldine McCarthy
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21905250

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00087-0000-00042

New Jersey Monmouth County Ocean 07712 Wanamassa

1506 Chestnut Ave, Ocean, NJ

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.