NOT LISTED FOR SALE

1815 Fernwood Rd Belmar, NJ 07719

Estimated Value: $790,000 - $858,990

3 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold January 12, 2021

Last sale price $535,000

Est. 48% increase in value since last sale

Current estimated payment $5,009/month

47 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Zoned Heating and Cooling System
  • 1 Fireplace
  • Patio

About This Home

As of January 2021

Desirable Lake Como Two Family home with driveway and garage. So many possibilities here. Live in one unit and rent the other, summer rentals for extra income, multi-generation living or covert to single family home. First floor has LR with wood burning FP, DR, enclosed porch, updated kitchen, 2 bedrooms and full bath. Second floor unit has kitchen, bedroom, LR and full bath with claw foot tub. Great location for commuters with train station close by and easy access to major roads. Short distance to shopping and beautiful beaches. Don't wait!

Last Agent to Sell the Property

Kellie Brady

Nelson Realtors Brokerage Phone: 732-774-4499 License #0229889 Listed on: 10/09/2020

Last Buyer's Agent

Salvatore Fiore Jr.

ERA/ American Towne Realty License #1224528

ERA/ American Towne Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,263

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40 x 107

Parking

  • 2 Car Detached Garage
  • Unpaved Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Belmar Elementary School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 46-00013-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,263

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Attribution Contact: 732-774-4499
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • Year Built: 1925
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 40 x 107
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Parking Unpaved: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 1 Dishwasher4: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle, Flat
  • Acres: 0.1
  • Waterfront: No
  • Exterior Features: Patio
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street, Unpaved, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 40 x 107
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 46-00013-0000-00005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7263.0
  • Tax Other Annual Assessment Amount: 517100.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Belmar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Jan 12, 2021
Sold by
Amaral Jason J
Bought by
Frasciello Anthony and Isaac Jaclyn M
Seller's Agent
Kellie Brady
Nelson Realtors
Buyer's Agent
Salvatore Fiore Jr.
ERA/ American Towne Realty
List Price
$595,000
Sold Price
$535,000
Premium/Discount to List
-$60,000
-10.08%
Current Estimated Value
$794,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,249
Avg. Annual Appreciation
8.75%
Original Mortgage
$428,000
Outstanding Balance
$387,143
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$398,403
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
Frasciello Anthony $535,000 Main Street Title
Frasciello Anthony $535,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frasciello Anthony $428,000
Previous Owner Frasciello Anthony $428,000
Previous Owner Amaral Jason J $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $535,000 -2.7% --
11/25/2020 11/25/20 Pending -- -- --
11/10/2020 11/10/20 Price Changed $550,000 -7.6% --
10/09/2020 10/09/20 For Sale $595,000 -- --
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 $7,925 $645,300 $502,000 $143,300
2023 $7,925 $691,500 $551,600 $139,900
2022 $8,309 $588,300 $398,700 $189,600
2021 $8,309 $574,200 $355,800 $218,400
2020 $7,374 $517,100 $348,800 $168,300
2019 $7,263 $496,800 $330,500 $166,300
2018 $7,235 $464,700 $305,200 $159,500
2017 $7,455 $439,300 $284,600 $154,700
2016 $7,680 $435,400 $284,600 $150,800
2015 $7,694 $421,600 $273,700 $147,900
2014 $7,759 $456,400 $282,200 $174,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22034384

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 46-00013-0000-00005