NOT LISTED FOR SALE

1517 Cherry Ln Neptune, NJ 07753

Estimated Value: $377,000 - $931,000

3 Beds
2.5 Baths
1,728 Sq Ft
$325/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $285,000 $165 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,567/month

10 Days on Market

Highlights

  • End Unit
  • Porch
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of March 2023

FHA Case # 352-801466 Neptune end-unit townhouse has 3 bedrooms and 2.5 bathrooms. Built 2012 features master bedroom with master bathroom. The remaining two bedrooms can accommodate queen-size beds. In addition, there is a loft that may serve as a gym, office, or man cave. The home has central air conditioning, a spacious dining area, and a living room. The crawl space is accessible from inside the home for additional storage. Located close to Routes 35 and 33 it has designated parking spaces. The beach, boardwalk, Asbury Park, and Jersey Shore Premium Outlets are just a short car ride away. TLC will be needed to bring this home back to its former glory. Prop avail for Owner Occupants, Nonprofits, and Government Agencies only first. IE (Insured Escrow) Eligible for FHA 203K Sold AS IS.

Last Agent to Sell the Property

Billy Cassie

Shore Realty Exchange License #0999193 Listed on: 12/24/2022

Co-Listed By

Sharon Cassie

Shore Realty Exchange License #1430459

Last Buyer's Agent

Olga Arias

Keller Williams Realty Central Monmouth License #2189019

Keller Williams Realty Central Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,796

Year Built

  • Built in 2012

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 18 x 100

Home Design

  • Shingle Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Neptune Middle School

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 35-00520-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,796

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 3177
  • Co List Office Phone: 732-701-3828
  • Subdivision Name: None
  • Architectural Style: End Unit
  • Year Built: 2012
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 18 x 100
  • Location Middle School: Neptune
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Exterior Porch - Open: Yes
  • Style End Unit: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 18 x 100
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 35-00520-0000-00005

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5796.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2022
Closed on
Mar 6, 2023
Sold by
Secretary/Housing & Urban Dev
Bought by
Giraldo Mery P
Seller's Agent
Billy Cassie
Shore Realty Exchange
Buyer's Agent
Olga Arias
Keller Williams Realty Central Monmouth
List Price
$285,000
Sold Price
$285,000
Views
58
Current Estimated Value
$561,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,233
Avg. Annual Appreciation
28.69%
Original Mortgage
$276,450
Outstanding Balance
$268,067
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$267,366

Purchase Details

Closed on
Feb 9, 2022
Sold by
Coba Inc
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Nov 18, 2021
Sold by
Cooper April and Cooper Rich Kierre
Bought by
Td Bank Na

Purchase Details

Closed on
Jan 6, 2014
Sold by
Trf Dp Ridge Avenue Llc
Bought by
Cooper April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
3.62%
Mortgage Type
FHA
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
Giraldo Mery P $285,000 --
Secretary Of Housing And Urban Development -- Duane Morris Llp
Secretary/Housing & Urban Dev -- None Listed On Document
Td Bank Na $1,000 None Available
Cooper April $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giraldo Mery P $276,450
Previous Owner Cooper April $201,286
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $285,000 0.0% $165 / Sq Ft
12/24/2022 12/24/22 For Sale $285,000 -- $165 / 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 $6,400 $407,200 $168,200 $239,000
2024 $6,260 $365,500 $112,200 $253,300
2023 $6,260 $346,600 $112,200 $234,400
2022 $4,966 $302,800 $54,800 $248,000
2021 $4,966 $235,000 $42,500 $192,500
2020 $4,461 $210,600 $42,500 $168,100
2019 $4,687 $218,500 $42,500 $176,000
2018 $4,787 $220,600 $42,500 $178,100
2017 $4,685 $207,400 $42,500 $164,900
2016 $4,707 $207,800 $42,500 $165,300
2015 $4,539 $203,800 $42,500 $161,300
2014 $4,611 $40,400 $40,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22238019

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00520-0000-00005