NOT LISTED FOR SALE

1641 Elm Ave Unit 16 Point Pleasant Boro, NJ 08742

Estimated Value: $350,000 - $399,000

1 Bed
1 Bath
-- Sq Ft
$288/mo HOA Fee

Last Sold December 09, 2022

Last sale price $282,500

Est. 33% increase in value since last sale

Current estimated payment $2,593/month

51 Days on Market

Highlights

  • Home fronts a canal
  • Wood Flooring
  • Balcony
  • New Kitchen
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of December 2022

Enjoy the days watching the boats pass by this darling first floor, waterfront condo located just a stones throw from Bay Head, beaches, parks and fabulous dining options. Offering 1 bedroom and 1 bath, updated kitchen and an open concept. Its the perfect place to hang your hat after a long day at the beach or enjoy a peaceful winter down by the shore!

Last Agent to Sell the Property

Camille Simms

RE/MAX New Beginnings Realty-Toms River Listed on: 10/14/2022

Last Buyer's Agent

Timothy Beaton

Daunno Realty Services License #1758251

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,647

Year Built

  • Built in 1966

Lot Details

  • 436

HOA Fees

  • $288 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Asphalt Rolled Roof

Interior Spaces

  • 1-Story Property
  • Sliding Doors
  • Water Views
  • Basement
  • Crawl Space

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Common or Shared Parking
  • Visitor Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Memorial Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Home fronts a canal
  • Lower Level

Listing and Financial Details

  • Assessor Parcel Number 25-00256-0000-00003-16

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, sewer, snow removal
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,647

Year Built

Built in 1966

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Sewer, Snow Removal
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Lower Level
  • Property Attached Yn: Yes
  • Year Built: 1966
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: Memorial
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Roof Timberline: Yes
  • Kitchen Eat-In: Yes
  • Exterior BBQ: Yes
  • Living Room Sliding Door2: Yes
  • Parking Visitor: Yes
  • Style Lower Level: Yes
  • Water Type CanalInlet: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.01
  • Waterfront Features: Canal/Inlet
  • Waterfront: Yes
  • Exclusions: Personal Property
  • Exterior Features: Balcony, BBQ, Patio, Lighting
  • Foundation Details: Slab

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Common, Visitor, None
  • General Property Info:Garage: No
  • Parking:Assigned: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 288.49
  • 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:Sewer: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 25-00256-0000-00003-16
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3647.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Dec 1, 2022
Sold by
Orlando Joy Adele
Bought by
Cosgrove Alanna M
Seller's Agent
Camille Simms
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
Timothy Beaton
Daunno Realty Services
List Price
$275,000
Sold Price
$282,500
Premium/Discount to List
$7,500
2.73%
Total Days on Market
51
Views
45
Current Estimated Value
$375,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,587
Avg. Annual Appreciation
12.11%
Original Mortgage
$226,000
Outstanding Balance
$217,742
Interest Rate
4.85%
Mortgage Type
New Conventional
Estimated Equity
$157,345

Purchase Details

Listed on
Mar 30, 2019
Closed on
Jun 5, 2019
Sold by
Arroyo David and Arroyo Debra
Bought by
Orlando Joy Adele
Seller's Agent
Matthew Sirchio
United Real Estate Associates
Buyer's Agent
John Horvath
Weichert Realtors-Old Bridge
Sold Price
$206,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%

Purchase Details

Listed on
Apr 19, 2015
Closed on
Oct 28, 2015
Sold by
Mirabelli Laura L
Bought by
Arroyo David and Arroyo David
Seller's Agent
Lauren Gill
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Bruce Fioretti
Veltri & Associates, Realtors
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$145,600
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2012
Closed on
Mar 26, 2012
Sold by
Slavico David C and Donahue Deborah
Bought by
Mirabelli Laura L
Seller's Agent
Louise Decker
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Lauren Gill
The Mary Holder Agency
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.31%
Original Mortgage
$134,100
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in the area

  • 3431 Bridge Ave Unit 9, Point Pleasant Boro, NJ 08742

    $359,900

    • 2 Beds
    • 1.5 Baths
    • 1,031 Sq Ft
    • 3431 Bridge Ave
    • Unit 9
    • Point Pleasant Boro, NJ

    Welcome to The Pines! This adorable 2 Bed 1.5 Bath ground level unit is awaiting its new owners! Features include: Open Floorplan layout, Deck in the front w/storage, Freshly Painted throughout, Brand New Carpeting in Bedrooms, Brand new Furnace, Brand New Rear Deck off Owner's Suite. Kitchen includes Solid Wood Cabinets, Granite Counters and Full Appliance Package. Close to Jersey Shore Beaches

    Abram Covella RE/MAX Revolution

    Section Image
  • 2230 Bridge Ave Unit 8, Point Pleasant Boro, NJ 08742

    $399,900

    • 2 Beds
    • 1 Bath
    • 824 Sq Ft
    • 2230 Bridge Ave
    • Unit 8
    • Point Pleasant Boro, NJ

    Rare Offering in Louisa Court! This first floor 2 bedroom, 1 bath unit is located near restaurants, shops, and Community Park. It is a short drive to the ocean beaches of Bay Head and Point Pleasant Beach. The kitchen features granite counters and stainless appliances. It is open to the dining room with slider to the deck. There is an abundance of natural light in the dining room and living

    James Hannam RE/MAX Bay Point Realtors

    Section Image
  • 310 Maryland Ave Unit 11, Point Pleasant Beach, NJ 08742

    $419,900

    • 2 Beds
    • 1 Bath
    • 704 Sq Ft
    • 310 Maryland Ave
    • Unit 11
    • Point Pleasant Beach, NJ

    Owner thoughtfully renovated this 2 bedroom condo located steps away fromthe beach and restaurants. This well maintained community offers picnic area and built in pool. On site laundry room. Rentals allowed for a 2 week minimum stary. Heat and hot water is included in the monthly maintenance fee. No pets allowed. Point Pleasant Beach provides an easy access ramp to the beach. For more

    Mary Ann Sgobba NJ Realty Center

    Section Image
  • 310 Maryland Ave Unit 24, Point Pleasant Beach, NJ 08742

    $429,000

    • 1 Bed
    • 1 Bath
    • 668 Sq Ft
    • 310 Maryland Ave
    • Unit 24
    • Point Pleasant Beach, NJ

    Newly renovated unit in ''Bayhead by the Sea'' complex with a pool! This updated, first floor unit features a brand new bathroom renovation, new appliances, and comes fully furnished! All of this conveniently located in desirable Point Pleasant Beach with the ocean practically on your doorstep! 2 week minimum on rentals per HOA rules. No pets permitted.

    Rachel Baran Schlosser Real Estate, Inc.

    Section Image
  • 2600 Austin Ave Unit 105, Point Pleasant Boro, NJ 08742

    $305,000

    • 1 Bed
    • 1 Bath
    • 690 Sq Ft
    • 2600 Austin Ave
    • Unit 105
    • Point Pleasant Boro, NJ

    Discover your slice of coastal charm with this newly listed 1-bedroom, 1-bathroom condo at Ocean Pines, ideally suited for first-time homebuyers, downsizers, or savvy investors ready to capitalize on all that Point Pleasant has to offer. Step inside to a spacious living/dining area complete with ceiling fans, a cozy wood-burning fireplace, and expansive windows that bathe the space in natural

    Barbara Milano Daunno Realty Services

    Section Image
  • 3403 Bridge Ave Unit 2, Point Pleasant Boro, NJ 08742

    $349,999

    • 2 Beds
    • 1 Bath
    • 816 Sq Ft
    • 3403 Bridge Ave
    • Unit 2
    • Point Pleasant Boro, NJ

    Don't miss your chance to own this 2 bedroom totally renovated condo located in Point Pleasant! Conveniently located close to the beautiful Jersey Shore beaches, downtown Pt. Pleasant, GSP & 195 for commuters. Modern finishes include quartz countertops, soft-close cabinets, stainless steel appliances, new floors, renovated bathroom. Great closet space. PLUS, a private garage for storage, gym or

    Amy R. Sokol Tanella ERA/ Byrne Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cosgrove Alanna M $282,500 Green Label Title
Orlando Joy Adele $206,500 Fidelity National Ttl Ins Co
Arroyo David $182,000 Old Republic National Title
Mirabelli Laura L $180,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosgrove Alanna M $226,000
Previous Owner Arroyo David $145,600
Previous Owner Mirabelli Laura L $134,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $282,500 +2.7% --
12/05/2022 12/05/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $275,000 +33.2% --
05/03/2019 05/03/19 Sold $206,500 +13.5% --
10/30/2015 10/30/15 Sold $182,000 +1.1% --
04/02/2012 04/02/12 Sold $180,000 -- --
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 $3,782 $173,000 $106,800 $66,200
2023 $3,704 $173,000 $106,800 $66,200
2022 $3,704 $173,000 $106,800 $66,200
2021 $3,616 $173,000 $106,800 $66,200
2020 $3,609 $173,000 $106,800 $66,200
2019 $3,560 $173,000 $106,800 $66,200
2018 $3,455 $173,000 $106,800 $66,200
2017 $3,379 $173,000 $106,800 $66,200
2016 $3,353 $173,000 $106,800 $66,200
2015 $3,313 $173,000 $106,800 $66,200
2014 $3,237 $173,000 $106,800 $66,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22232217

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00256-0000-00003-16