NOT LISTED FOR SALE

1602 3rd Ave Asbury Park, NJ 07712

Estimated Value: $870,000 - $1,024,000

5 Beds
2 Baths
2,400 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 28, 2013

Last sale price $419,500 $175 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $6,236/month

10 Days on Market

Highlights

  • Home Theater
  • Mediterranean Architecture
  • No HOA
  • Wood Flooring
  • Workshop
  • Gazebo

About This Home

As of August 2013

Stunningly beautiful 5 BR, 2 BA, 2.400 s/f, show piece, on one of the most charming blocks in town. Amazing pergola and outdoor area for entertaining, a state of the art Theater Room w/surround sound. Large, airy, and the perfect beach home. This homeowner thought of it all! The house was totally renovated in 2006. New roof, C/A, furnace, electrical, etc. etc. Vapor barrier and extra insulation in the full, deep, fully functional basement!

Last Agent to Sell the Property

Robert McDonald

Diane Turton, Realtors-Asbury Park Listed on: 07/02/2013

Last Buyer's Agent

Jacob Smith

Ward Wight Sotheby's International Realty License #0560385

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,491

Lot Details

  • Lot Dimensions are 50x150

Home Design

  • Mediterranean Architecture
  • Shingle Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Track Lighting
  • Light Fixtures
  • Living Room
  • Dining Room
  • Home Theater
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Parking

  • Detached Garage
  • Parking Available

Outdoor Features

  • Exterior Lighting
  • Gazebo
  • Outbuilding

Schools

  • P. Bradley Elementary School
  • Asbury Park High 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 01903000000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,491

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Track Lighting, Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Self/Con Clean, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Mediterranean, Detached
  • Reso Flooring: W/W Carpet, Wood
  • Reso Other Structures: Misc Building
  • 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: 50X150
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Included Light Fixtures: Yes
  • Foyer Floor - Wood: Yes
  • Parking Concrete: Yes
  • Basement Workshop Workbench: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • Exterior Gazebo: Yes
  • Out Buildings Misc Building: Yes
  • Included Track Lighting: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Workshop/ Workbench
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Total Bedrooms: 10
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Media Room: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Gazebo, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Concrete
  • General Property Info:Garage: No
  • Parking Features:Garage Detached: 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

Lot Info

  • Lot Dimensions: 50X150
  • Parcel #: 01903000000005
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5491.0

MLS Schools

  • Elementary School: P. Bradley
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2013
Closed on
Aug 28, 2013
Sold by
Kilmer Gary
Bought by
Lucarelli Joseph and Lucarelli Lisa A
Seller's Agent
Robert McDonald
Diane Turton, Realtors-Asbury Park
Buyer's Agent
Jacob Smith
Ward Wight Sotheby's International Realty
Sold Price
$419,500
Current Estimated Value
$962,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,860
Avg. Annual Appreciation
7.15%
Original Mortgage
$411,901
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2006
Sold by
Olius Molius
Bought by
Kilmer Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 29, 1995
Sold by
Juliano John
Bought by
Berry Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.89%

Purchase Details

Closed on
Jan 1, 1939
Sold by
Conte Mary
Bought by
Olius Molius and Sylvaus Nosta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.65%
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
Lucarelli Joseph $419,500 Agent For Old Republic
Kilmer Gary $350,000 --
Berry Tina $85,000 --
Olius Molius $5,009,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krall Miranda $293,250
Closed Lucarelli Joseph $378,761
Closed Lucarelli Joseph $402,908
Closed Lucarelli Joseph $411,901
Previous Owner Kilmer Gary $245,000
Previous Owner Kilmer Gary $25,000
Previous Owner Kilmer Gary $225,000
Previous Owner Kilmer Gary $70,000
Previous Owner Kilmer Gary $280,000
Previous Owner Berry Tina $68,000
Previous Owner Olius Molius $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Sold $419,500 -- $175 / 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 $11,903 $803,400 $390,000 $413,400
2023 $11,903 $769,900 $301,300 $468,600
2022 $9,881 $750,900 $251,000 $499,900
2021 $9,881 $625,400 $228,300 $397,100
2020 $9,281 $589,300 $218,000 $371,300
2019 $8,811 $534,000 $207,600 $326,400
2018 $8,425 $472,800 $183,500 $289,300
2017 $8,384 $403,100 $172,700 $230,400
2016 $8,488 $395,900 $172,700 $223,200
2015 $8,528 $385,200 $167,700 $217,500
2014 $7,741 $357,200 $220,200 $137,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21322952

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01903-0000-00005