NOT LISTED FOR SALE

Estimated Value: $474,000 - $601,000

5 Beds
2 Baths
2,446 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $520,000 $213 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,613/month

17 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Hot Water Heating System

About This Home

As of March 2024

165 Leeward is nestled in the heart of Ocean Acres surrounded by lush trees and a large yard. This updated duplex offers two spacious top over bottom apartments, separate laundry area and outdoor patio space for each unit. Purchase as an investment property or use as a mother/daughter, this home provides considerable potential for the buyer. Each floor has 3 comfortable bedrooms and 1 full bath, large eat-in kitchen. Enjoy all the local community has to offer including golf at the Ocean Acres Country Club, great shopping and dining along Rt 72, plenty of parks nearby as well as scenic Lake Manahawkin! Great rental property

Last Agent to Sell the Property

Ray Brooks

Raymond Brooks Realty, Inc. License #7834497 Listed on: 01/22/2024

Last Buyer's Agent

Jason Gumnitz

RE/MAX Central License #1221734

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,090

Year Built

  • Built in 1980

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100 x 110

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,446 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Ocean Acres Elementary School
  • Southern Reg Middle School
  • Southern Reg High School

Utilities

  • Cooling Available
  • Furnace
  • Hot Water Heating System
  • Water Heater

Community Details

  • 2 Units
  • Ocean Acres Subdivision

Listing and Financial Details

  • Tenant pays for hot water, heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 31-00044-138-00001-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,090

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: Ocean Acres
  • Year Built: 1980
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 100 x 110
  • Location Middle School: Southern Reg
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • General Property Info # Parking Spaces: 4.0
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 2 Dishwasher3: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Acres: 0.25
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, None
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating:Hot Water2: Yes

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: 100 x 110
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 31-00044-138-00001-01
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6090.0
  • Tax Other Annual Assessment Amount: 258700.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Ocean Acres
  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 21, 2024
Sold by
Laterra Joseph
Bought by
Wilton Travis P
Seller's Agent
Ray Brooks
Raymond Brooks Realty, Inc.
Buyer's Agent
Jason Gumnitz
RE/MAX Central
List Price
$539,900
Sold Price
$520,000
Premium/Discount to List
-$19,900
-3.69%
Views
47
Current Estimated Value
$565,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,902
Avg. Annual Appreciation
5.43%
Original Mortgage
$390,000
Outstanding Balance
$385,859
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$173,794

Purchase Details

Closed on
Aug 24, 2018
Sold by
Lotsa Dogs Llc
Bought by
Latera Joseph

Purchase Details

Closed on
Aug 8, 2018
Sold by
Bradley Rian and Bradley Debra
Bought by
Lotsa Dogs Llc

Purchase Details

Listed on
Sep 24, 2015
Closed on
Dec 18, 2015
Sold by
Lptsa Dogs Llc
Bought by
Laterra Joseph
Seller's Agent
Robert Pileggi
Van Dyk Group
Buyer's Agent
Ray Brooks
Raymond Brooks Realty, Inc.
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
May 27, 2007
Sold by
Bradley Rian and Bradley Debra
Bought by
Lot Of Dogs Llc

Purchase Details

Closed on
Sep 22, 2006
Sold by
Horne Gregory
Bought by
Bradley Rian and Bradley Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2003
Sold by
Masi Clark K
Bought by
Horne Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.22%

Purchase Details

Closed on
Oct 13, 2000
Sold by
Wiaczek Martin
Bought by
Clark Masi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.88%
Source: Public Records

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
Wilton Travis P $520,000 Acres Land Title
Latera Joseph -- None Available
Lotsa Dogs Llc -- None Available
Laterra Joseph $260,000 Jersey Coast Title Agency
Lot Of Dogs Llc -- None Available
Bradley Rian $356,250 First American Title Ins Co
Horne Gregory $260,000 --
Clark Masi $110,000 --
Clark Masi $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilton Travis P $390,000
Previous Owner Bradley Rian $284,000
Previous Owner Horne Gregory $185,000
Previous Owner Clark Masi $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $520,000 -3.7% $213 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $539,900 +107.7% $221 / Sq Ft
12/21/2015 12/21/15 Sold $260,000 -- $106 / 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 $6,361 $258,700 $66,700 $192,000
2023 $6,090 $258,700 $66,700 $192,000
2022 $6,090 $258,700 $66,700 $192,000
2021 $6,007 $258,700 $66,700 $192,000
2020 $6,015 $258,700 $66,700 $192,000
2019 $5,929 $258,700 $66,700 $192,000
2018 $5,893 $258,700 $66,700 $192,000
2017 $5,798 $246,400 $66,700 $179,700
2016 $5,739 $246,400 $66,700 $179,700
2015 $5,537 $246,400 $66,700 $179,700
2014 $5,444 $239,300 $65,900 $173,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22401863

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00044-138-00001-01