NOT LISTED FOR SALE

1605 1/2 Sewall Ave Unit C Asbury Park, NJ 07712

Estimated Value: $297,000 - $399,000

1 Bed
1 Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold January 04, 2021

Last sale price $1,150

Est. 29,351% increase in value since last sale

Current estimated payment $2,178/month

8 Days on Market

About This Home

As of January 2021

Clean apartment close to transportation and beaches.

Last Agent to Sell the Property

Cynthia Suarez

Genora & Co.Realty, LLC License #1007006 Listed on: 11/05/2020

Last Buyer's Agent

Cynthia Suarez

Genora & Co.Realty, LLC License #1007006 Listed on: 11/05/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 42 x 100

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 04-00504-0000-00002

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Five Family
  • Subdivision Name: None
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 42 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • BasementOther: Yes

Exterior Features

  • Acres: 0.1
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 42 x 100
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-00504-0000-00002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8285.0
  • Tax Other Annual Assessment Amount: 558800.0

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 9, 2021
Sold by
Torres Jorge and Torres Lauren
Bought by
Bornschein Dean R and Mcnamara Caitlin Virginia
Seller's Agent
Cynthia Suarez
Genora & Co.Realty, LLC
Buyer's Agent
Cynthia Suarez
Genora & Co.Realty, LLC
List Price
$1,050
Sold Price
$1,150
Premium/Discount to List
$100
9.52%
Current Estimated Value
$338,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,533
Avg. Annual Appreciation
250.80%
Original Mortgage
$186,558
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 8, 2021
Sold by
Albert Cevin and Torres Jorge
Bought by
Bornschein Dean R and Mcnamara Caitlin Virginia
Seller's Agent
Cynthia Suarez
Genora & Co.Realty, LLC
Buyer's Agent
Cynthia Suarez
Genora & Co.Realty, LLC
List Price
$1,050
Sold Price
$1,150
Premium/Discount to List
$100
9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2018
Sold by
Gramolini Gloria
Bought by
Albert Cevin and Torres Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2013
Sold by
Gramolini Gloria M Schpero and Gramolini Gloria
Bought by
Gramolini Gloria M Schpero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,800
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2012
Sold by
Lnv Corporation
Bought by
Gramolini Gloria and Boland Liam

Purchase Details

Closed on
May 6, 2009
Sold by
Sewell Avenue Llc and Braude Avi
Bought by
Lnv Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bornschein Dean R $190,000 All Ahead Title Agency
Bornschein Dean R $190,000 All Ahead Title
Albert Cevin $134,000 Title Evolution Llc
Gramolini Gloria M Schpero -- None Available
Gramolini Gloria $49,000 None Available
Lnv Corporation -- Land Title Svcs Of Nj Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnamara Caitlin Virginia $16,367
Previous Owner Bornschein Dean R $186,558
Previous Owner Bornschein Dean R $186,558
Previous Owner Albert Cevin $107,200
Previous Owner Gramolini Gloria M Schpero $50,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $1,150 +9.5% --
11/13/2020 11/13/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $1,050 -- --
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 $3,686 $278,000 $109,900 $168,100
2023 $3,686 $238,400 $63,700 $174,700
2022 $2,857 $201,100 $42,400 $158,700
2021 $2,536 $180,800 $41,200 $139,600
2020 $2,536 $161,000 $39,100 $121,900
2019 $1,902 $115,300 $37,200 $78,100
2018 $1,794 $100,700 $35,700 $65,000
2017 $2,005 $96,400 $34,400 $62,000
2016 $1,932 $90,100 $32,400 $57,700
2015 $1,893 $85,500 $29,300 $56,200
2014 $1,727 $79,700 $24,300 $55,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22039615

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01501-0000-00008