NOT LISTED FOR SALE

Estimated Value: $852,000 - $1,123,000

4 Beds
2 Baths
1,433 Sq Ft
$693/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $511,000 $357 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,131/month

11 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Double-Wide Driveway

About This Home

As of November 2019

Wow! Rare 2 Family east of Rt 71! Now you can afford living in Lake Como by Renting one of the units and live in the second unit.. Remodeled Two 2 Bedroom 1 bath units that are ready for immediate occupancy and you don't even have to bring a paint brush, just your furniture and you can start collecting rent and enjoy your new home. Lower level features new white shaker kitchen with granite counter tops and stainless steel appliances with open floor plan into the large living and dining area. New tiled bath, hardwood flooring, and full basement for storage all with hwbb heat and central air. Upstairs features 2 Bedrooms, new kitichen, also with granite tops and stainless steel appliances and living room all upstairs with hardwood flooring, hwbb heat and central air. New interior doors and trim work throughout both units. Full basement that can be finished for future space with outside door access to rear yard. Rare off street parking, new driveway and landscaping all within walking distance to downtown or the ocean.

Last Listed By

Pasquale Mennella

C21/ Lawrence Realty License #7857330 Listed on: 10/10/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,390

Year Built

  • 1950

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,433 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • No Garage
  • Double-Wide Driveway
  • Off-Street Parking

Schools

  • St. Rose High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 46-00011-0000-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,390

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Co List Office Mls Id: 1183
  • Co List Office Phone: 732-840-9200
  • Subdivision Name: None
  • Reso Flooring: Wood
  • ResoWindowFeatures: Insulated Windows
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Garage None4: Yes
  • Siding Cedar: Yes
  • General Property Info # Parking Spaces: 2.0
  • Parking Double Wide: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 2 Dishwasher3: Yes
  • Special Features: None
  • Year Built (Public Record): 1950

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Cedar

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None, Double Wide
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 46-00011-0000-00008
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5390.0
  • Tax Other Annual Assessment Amount: 349500.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Nov 21, 2019
Sold by
Yehuda Holdings Llc
Bought by
Coelho Luis and Menellis Coelho Joanne
Seller's Agent
Pasquale Mennella
C21/ Lawrence Realty
Buyer's Agent
Patricia Salzer Beam
Coldwell Banker Realty
Sold Price
$511,000
Total Days on Market
11
Current Estimated Value
$993,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,010
Avg. Annual Appreciation
12.62%
Original Mortgage
$383,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2018
Sold by
Monmouth County Sheriff
Bought by
Yehuda Holdings Llc

Purchase Details

Closed on
May 15, 1998
Sold by
Robbins Raymond
Bought by
Bucsku Thomas

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
Coelho Luis $511,000 Old Republic Title Ins Co
Yehuda Holdings Llc $237,000 Madison Title Agency
Bucsku Thomas $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coelho Joanne Mcnellis $450,000
Closed Coelho Luis $383,250
Previous Owner Yehuda Holdings Llc $217,000
Previous Owner Bucsku Thomas J $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $511,000 -- $357 / 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 $7,502 $795,900 $564,800 $231,100
2023 $7,502 $654,600 $366,300 $288,300
2022 $7,387 $590,800 $316,300 $274,500
2021 $7,387 $510,500 $266,300 $244,200
2020 $5,058 $354,700 $244,800 $109,900
2019 $5,110 $349,500 $239,700 $109,800
2018 $5,390 $346,200 $239,700 $106,500
2017 $5,432 $320,100 $215,700 $104,400
2016 $5,460 $309,500 $206,600 $102,900
2015 $7,012 $384,200 $279,200 $105,000
2014 $6,810 $400,600 $279,200 $121,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21941517

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 46-00011-0000-00008