16 Ellis Ave Long Branch, NJ 07740
Estimated Value: $329,000 - $419,000
2
Beds
1
Bath
863
Sq Ft
$424/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Multiple cooling system units
- Heating System Uses Natural Gas
- No HOA
- Fenced
About This Home
As of July 2020Investment Opportunity. Affordable 2 bedroom, 1 bath home situated on a deep fenced lot located less than one mile to the beach. Don't miss out on all the redevelopment that is happening in Long Branch.
Last Agent to Sell the Property
Chris Katz
RE/MAX Synergy Listed on: 06/09/2020
Last Buyer's Agent
Adam Aly
RE/MAX The Real Estate Leaders
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,440
Year Built
- 1910
Lot Details
- 4,487
Parking
- No Garage
Home Design
- Colonial Architecture
- Shingle Roof
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Long Branch Middle School
Utilities
- Multiple cooling system units
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Additional Features
- 2-Story Property
- Fenced
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 27-00399-0000-00019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2020
Closed on
Jul 15, 2020
Sold by
Farhi Isaac and Farhi Susan
Bought by
Ali Ibrahim M and Nistad Jenna S
Seller's Agent
Chris Katz
RE/MAX Synergy
Buyer's Agent
Adam Aly
RE/MAX The Real Estate Leaders
List Price
$162,000
Sold Price
$158,000
Premium/Discount to List
-$4,000
-2.47%
Total Days on Market
155
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,169
Avg. Annual Appreciation
18.80%
Original Mortgage
$126,400
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 12, 2004
Sold by
Scaranni Pericles
Bought by
Kessler Alice and Isaac Farhi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
5.65%
Purchase Details
Closed on
Nov 21, 2002
Sold by
Provident Bank
Bought by
Scaranni Pericles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,375
Interest Rate
6.07%
Purchase Details
Closed on
Dec 1, 1999
Sold by
Bayari Investment Grp Inc
Bought by
Bayari Kathy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
7.83%
Similar Homes in Long Branch, NJ
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 Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ali Ibrahim M | $158,000 | Trident Abstract Ttl Agcy Ll | |
| Kessler Alice | $148,000 | -- | |
| Scaranni Pericles | $72,500 | -- | |
| Bayari Kathy | $107,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ali Ibrahim M | $195,000 | |
| Closed | Ali Ibrahim M | $126,400 | |
| Previous Owner | Kessler Alice | $118,400 | |
| Previous Owner | Scaranni Pericles | $54,375 | |
| Previous Owner | Bayari Kathy | $74,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2020 07/15/20 | Sold | $158,000 | -2.5% | $183 / Sq Ft |
| 07/15/2020 07/15/20 | Pending | -- | -- | -- |
| 06/09/2020 06/09/20 | For Sale | $162,000 | 0.0% | $188 / Sq Ft |
| 05/04/2020 05/04/20 | Pending | -- | -- | -- |
| 02/10/2020 02/10/20 | For Sale | $162,000 | -- | $188 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $4,440 | $313,600 | $143,100 | $170,500 |
| 2023 | $4,440 | $285,900 | $123,100 | $162,800 |
| 2022 | $3,438 | $216,500 | $73,100 | $143,400 |
| 2021 | $2,389 | $154,900 | $37,700 | $117,200 |
| 2020 | $2,389 | $114,300 | $31,700 | $82,600 |
| 2019 | $2,342 | $111,400 | $32,700 | $78,700 |
| 2018 | $2,211 | $104,600 | $28,700 | $75,900 |
| 2017 | $2,084 | $101,100 | $26,700 | $74,400 |
| 2016 | $2,025 | $100,200 | $27,700 | $72,500 |
| 2015 | $2,550 | $114,500 | $46,200 | $68,300 |
| 2014 | $2,605 | $123,300 | $62,700 | $60,600 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2020
Chris Katz
RE/MAX
-
A
Buyer's Agent in 2020
Adam Aly
RE/MAX
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22005435
APN: 27-00399-0000-00019
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