NOT LISTED FOR SALE

1618 W Lake Ave Neptune, NJ 07753

Estimated Value: $505,000 - $578,031

3 Beds
1.5 Baths
-- Sq Ft
9,017 Sq Ft Lot

Last Sold February 15, 2019

Last sale price $179,000

Est. 199% increase in value since last sale

Current estimated payment $3,616/month

12 Days on Market

Highlights

  • A-Frame Home
  • Attached Garage
  • 1-Story Property
  • No HOA
  • Forced Air Heating System

About This Home

As of February 2019

Residential/Commercially Zoned B1 property. 3 Bedroom, 1.5 Bath house sits on corner lot. Currently tenant occupied on month to month lease, tenant pays $1,900 per month. Lease can be renewed. Tenant pays gas, electric and water utilities.

Last Agent to Sell the Property

Peter DiCataldo

RE/MAX Central Brokerage Phone: 800-531-2885 License #1860594 Listed on: 11/06/2018

Last Buyer's Agent

Peter DiCataldo

Keller Williams Realty Monmouth/Ocean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,033

Year Built

  • Built in 1955

Lot Details

  • 9,017

Parking

  • Attached Garage

Home Design

  • A-Frame Home
  • Shingle Roof

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 1-Story Property
  • Lot Dimensions are 75 x 120
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 35-00605-0000-00043

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,033

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 800-531-2885
  • Subdivision Name: None
  • Architectural Style: A-Frame
  • New Construction: No
  • Year Built: 1955
  • Contract Info New Construction: No
  • General Property Info Waterview: 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: 75 x 120
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 75 x 120
  • Parcel #: 35-00605-0000-00043

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5033.0

MLS Schools

  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2018
Closed on
Feb 15, 2019
Sold by
1618 West Lake Llc
Bought by
Zlenhefer Heike and Buono Geena
Seller's Agent
Peter DiCataldo
RE/MAX Central
Buyer's Agent
Peter DiCataldo
RE/MAX Central
Sold Price
$179,000
Current Estimated Value
$535,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,010
Avg. Annual Appreciation
18.63%
Original Mortgage
$175,757
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jan 7, 2014
Sold by
Oak Tree Equities Llc
Bought by
1618 West Lake Llc
Seller's Agent
Ben Orshitzer
Westmarq Realty LLC
Buyer's Agent
Ben Orshitzer
Westmarq Realty LLC
Sold Price
$48,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.80%
Original Mortgage
$49,729
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 12, 2013
Closed on
Dec 4, 2013
Sold by
Holmes Deborah
Bought by
Oak Tree Equities Llc
Seller's Agent
Ben Orshitzer
Westmarq Realty LLC
Buyer's Agent
Ben Orshitzer
Westmarq Realty LLC
Sold Price
$48,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,729
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
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
Zlenhefer Heike $179,000 Triax Title Services
1618 West Lake Llc -- Agent For Fidelity Natl Titl
Oak Tree Equities Llc $48,000 Agent For Fidelity National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zelnhefer Heike $335,179
Closed Zlenhefer Heike $175,757
Previous Owner 1618 West Lake Llc $93,750
Previous Owner Oak Tree Equities Llc $49,729
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $179,000 +272.9% --
12/04/2013 12/04/13 Sold $48,000 -- --
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 $7,932 $511,800 $185,600 $326,200
2023 $7,932 $439,200 $143,100 $296,100
2022 $4,319 $262,800 $98,600 $164,200
2021 $4,319 $204,400 $84,600 $119,800
2020 $3,743 $176,700 $63,100 $113,600
2019 $4,271 $199,100 $62,400 $136,700
2018 $4,299 $198,100 $62,400 $135,700
2017 $5,033 $222,800 $97,200 $125,600
2016 $5,001 $220,800 $97,200 $123,600
2015 $4,062 $182,400 $97,200 $85,200
2014 $4,546 $167,800 $81,000 $86,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21843283

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00605-0000-00043