$350,000
SOLD JUL 26, 2019

1615 Park Ave Unit 6F Asbury Park, NJ 07712

1 Bed
1 Bath
977 Sq Ft
$477/mo HOA Fee

Recently Sold

$358 Per Sq Ft

51 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Multiple cooling system units
  • Fitness Center
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of July 2023

THE PRESIDENTIAL-a relaxed place to live that is both pet and people friendly. Located three blocks to the beach and close to the Allenhurst train station, the size of the rooms, amount of storage, and the proximately to public transportation make this condo work as either a second home or a primary residence. This unit , located on the top floor of a 6 story building, is bright and clean. (it could use some cosmetic updating). Even though the beach is at the end of the block the views are so inviting from your spacious balcony you may choose to forgo the beach Parking available in garage or parking deck for annual feedeck $720garage $950

Last Agent to Sell the Property

Susan McCarthy

Diane Turton, Realtors-Spring Lake License #0446528 Listed on: 04/30/2019

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Shannon Mitchell

Vail Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,990

Year Built

  • Built in 1963

HOA Fees

  • $477 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 977 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Wood Flooring
  • Ocean Views
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Landscaped
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 04-03707-0000-00002-50-C0606

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, electricity, common area, exterior maint, heat, lawn maintenance, mgmt fees, snow removal, gas
  • 53 Units
  • Presidential Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,990

Year Built

Built in 1963

Lot Details

0

HOA Fees

$477 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Professional Management, Common Laundry, Association, Landscaping
  • Reso Association Fee Includes: Trash, Electricity, Common Area, Exterior Maint, Heat, Lawn Maintenance, Mgmt Fees, Snow Removal, Gas
  • Subdivision Name: Presidential
  • Architectural Style: Upper Level, Condo
  • Reso Flooring: Wood
  • Reso Interior Features: Elevator
  • New Construction: No
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1963
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Garage Underground Garage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Exterior Controlled Access: Yes
  • General Property Info Farm: No
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Common Elements Landscaping: Yes
  • SidingBrick: Yes
  • Cooling Multi Units: Yes
  • General Property Info # UnitsBldgs: 53.0
  • Common Elements Common Laundry: Yes
  • Fee Includes Electricity3: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:Walk-Out Access: Yes
  • Features-Interior:Elevator: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Balcony, Controlled Access
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: See Remarks, Other, Assigned, Off Street, Underground
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 477.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Heat: Yes

Lot Info

  • Parcel #: 04-03707-0000-00002-50-C0606
  • Zoning Description: Residential

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3990.0

Multi Family

  • Number Of Units Total: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
Jul 13, 2023
Sold by
Franz Karin
Bought by
Clark Yvonne D
Seller's Agent
Shannon Mitchell
Space & Company
Buyer's Agent
Marilyn Price
RE/MAX Real Estate LTD.
List Price
$472,829
Sold Price
$556,000
Premium/Discount to List
$83,171
17.59%
Views
60
Current Estimated Value
$559,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,509
Avg. Annual Appreciation
1.22%
Original Mortgage
$360,000
Outstanding Balance
$352,654
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$217,252

Purchase Details

Listed on
Apr 30, 2019
Closed on
Jul 26, 2019
Sold by
Wilberton Editha Ann and Wislocki Anya
Bought by
Franz Karin
Seller's Agent
Susan McCarthy
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Shannon Mitchell
Vail Realty
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%
Original Mortgage
$316,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2009
Sold by
Murakhovskaya Zinaida and Goldentrud Svyatoslav
Bought by
Wilberton Editha Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.47%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 27, 2009
Sold by
Pledged Property Ii Llc
Bought by
Murakhovskaya Zinaida and Goldentrud Svyatoslav

Purchase Details

Closed on
Oct 18, 2006
Sold by
Schreiber Stephen F
Bought by
Schreiber Lourence
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $556,000 Partners Title
Deed $350,000 Simplicity Title Llc
Deed $210,000 River Edge Title Agency Llc
Deed $108,000 Multiple
Quit Claim Deed $90,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $310,000 New Conventional
Previous Owner $310,000 New Conventional
Previous Owner $316,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $80,000 Stand Alone First
Previous Owner $281,250 Adjustable Rate Mortgage/ARM
Previous Owner $219,800 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $556,000 +17.6% $579 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $472,829 +35.1% $493 / Sq Ft
07/26/2019 07/26/19 Sold $350,000 0.0% $358 / Sq Ft
04/01/2017 04/01/17 Rented $19,200 -- --
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 $6,846 $509,200 $152,800 $356,400
2023 $6,846 $442,800 $132,800 $310,000
2022 $5,144 $385,000 $115,500 $269,500
2021 $4,662 $325,600 $97,700 $227,900
2020 $4,662 $296,000 $88,800 $207,200
2019 $4,249 $257,500 $77,200 $180,300
2018 $3,990 $223,900 $67,200 $156,700
2017 $3,299 $158,600 $47,600 $111,000
2016 $3,606 $168,200 $50,500 $117,700
2015 $3,299 $149,000 $49,200 $99,800
2014 $3,125 $144,200 $47,600 $96,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21917662

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03707-0000-00002-50-C0606