NOT LISTED FOR SALE

Estimated Value: $1,570,000 - $1,828,000

2 Beds
2 Baths
1,270 Sq Ft
$1,342/Sq Ft Est. Value

Last Sold June 11, 2015

Last sale price $578,800 $456 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $10,112/month

158 Days on Market

Highlights

  • Deck
  • Air Conditioning
  • Recessed Lighting
  • Wood Flooring
  • Patio
  • Handicap Accessible

About This Home

As of June 2015

This completely renovated duplex sits on large lot just steps from the ocean. All new appliances, electric, and interior finishing’s. Each Floor has 2 cozy bedrooms and a fully renovated kitchen and bathroom. A peaceful oasis unaffected by nature and is located on a quiet block close to stores and restaurants. It is the best of both worlds. The spacious lot could provide a future option to expand up or out gaining full views to the bay and ocean. This home has an excellent rental history during the winter and throughout the summer months. This special and unique home could be either a perfect summer escape or a treasure for a financial investor.

Last Agent to Sell the Property

Irene Santoro

Pacesetter Realty Listed on: 12/19/2014

Pacesetter Realty

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,235

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 40x90
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Rolled Roof
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 2 Bedrooms
  • 1,270 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Window Screens
  • Storm Doors

Flooring

  • Wood
  • Laminate

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Patio

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 18-00011-13-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,235

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Laminate
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1968
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 40x90
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Cooling Multi Units: Yes
  • Siding Clapboard: Yes
  • Unit 1 AC Unit: Yes
  • Unit 2 AC Unit2: Yes
  • Floors Laminate2: Yes
  • Exterior Screens2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No
  • Construction Type: Clapboard
  • Exterior Features: Deck, Fence, Patio, Storm Door(s), Screens
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 40x90
  • Parcel #: 18-00011-13-00005
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5235.0
  • Tax Other Annual Assessment Amount: 544700.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2014
Closed on
Jun 4, 2015
Sold by
Novack Laura
Bought by
Benedetto Anthony and Benedetto Laura
Seller's Agent
Irene Santoro
Pacesetter Realty
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$578,800
Current Estimated Value
$1,703,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,124,925
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
Nov 12, 2008
Sold by
Fullam Daniel M and Fullam Stella G
Bought by
Novack Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2000
Sold by
Castelli Joseph
Bought by
Fullam Daniel and Fullam Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
8.12%

Purchase Details

Closed on
Sep 30, 1999
Sold by
Bolognese Mary A
Bought by
Castelli Joseph J and Castelli Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,200
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1998
Sold by
Reiner Ruth J
Bought by
Bolognese Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
6.64%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Benedetto Anthony $578,800 None Available
Novack Laura $600,000 Guardian Title Agency Of Oce
Fullam Daniel $265,000 --
Castelli Joseph J $221,500 --
Bolognese Mary A $179,905 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Novack Laura $300,000
Previous Owner Fullam Daniel M $100,000
Previous Owner Fullam Daniel $212,000
Previous Owner Castelli Joseph J $177,200
Previous Owner Bolognese Mary A $134,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2015 06/11/15 Sold $578,800 0.0% $456 / Sq Ft
06/11/2015 06/11/15 Sold $578,800 -8.9% --
05/26/2015 05/26/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $635,000 -- --
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
2025 $10,806 $1,210,100 $600,000 $610,100
2024 $10,734 $1,210,100 $600,000 $610,100
2023 $10,068 $1,210,100 $600,000 $610,100
2022 $10,068 $1,210,100 $600,000 $610,100
2021 $9,753 $1,210,100 $600,000 $610,100
2020 $9,156 $921,100 $476,000 $445,100
2019 $9,239 $921,100 $476,000 $445,100
2018 $4,631 $476,000 $476,000 $0
2017 $5,314 $543,400 $476,000 $67,400
2016 $5,358 $543,400 $476,000 $67,400
2015 $5,365 $544,700 $476,000 $68,700
2014 $5,235 $544,700 $476,000 $68,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21454871

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 18-00011-13-00005