NOT LISTED FOR SALE

Estimated Value: $651,000 - $706,000

2 Beds
1 Bath
480 Sq Ft
$1,400/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $464,500 $968 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,395/month

3 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Porch
  • Oceanside
  • Cottage
  • Tray Ceiling

About This Home

As of December 2020

Very Rare! Three houses from the beach and on OWNED land! This adorable cottage sits only about 100 feet from the beach in Ocean Beach III, so close you can hear the ocean. Most homes in this location are on leased land, so opportunities like this don't come up often. If you like small living, move right in and enjoy the warmth of the fireplace on cool nights and the cool breeze on the covered porch on hot days. Or, you can enjoy the home while you plan a new larger home that can be raised high off the ground with a rooftop deck that will have a spectacular view of the Atlantic. Features also include newer wall air conditioner, gas fireplace with thermostat, ceramic tile floors, and vaulted, white-washed wood ceilings throughout.

Last Agent to Sell the Property

Angela Serio

Ocean Beach Sales License #0125329 Listed on: 09/26/2020

Last Buyer's Agent

Angela Serio

Birchler Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,368

Year Built

  • Built in 1952

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 50 x 32

HOA Fees

  • $59 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Light Fixtures
  • Gas Fireplace
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Gas Cooktop
  • Stove
  • <<microwave>>

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Oceanside
  • Patio
  • Outdoor Gas Grill
  • Porch

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: a few personal items
  • Assessor Parcel Number 08-01110-02-00020

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,368

Year Built

Built in 1952

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block, Oceanside
  • Reso Association Amenities: Beach, Association, Clubhouse, Playground
  • Inclusions: AC Units, Blinds/Shades, Ceiling Fan(s), Light Fixtures, Microwave, Stove, Refrigerator, Gas Grill, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • New Construction: No
  • Year Built: 1952
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 50 x 32
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Playground: Yes
  • Siding Shingle: Yes
  • Included Gas Grill: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Living Room Floor - Ceramic2: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: a few personal items
  • Construction Type: Shingle Siding
  • Exterior Features: Patio, Porch - Open
  • Foundation Details: Slab

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 711.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 32
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 08-01110-02-00020
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Dec 10, 2020
Sold by
Mollo Living Trust and Mollo Gatino L
Bought by
Chrone Robert J and Chrone Marie L
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Angela Serio
Birchler Realtors
List Price
$499,900
Sold Price
$464,500
Premium/Discount to List
-$35,400
-7.08%
Current Estimated Value
$672,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,559
Avg. Annual Appreciation
8.40%
Original Mortgage
$359,600
Outstanding Balance
$323,622
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$348,437

Purchase Details

Closed on
Oct 18, 2012
Sold by
Colbath Brian and Colbath Bruce
Bought by
Mollo Gatino L and Mollo Dorothea J

Purchase Details

Closed on
Feb 22, 2011
Sold by
Colbath Brian and Colbath Bruce
Bought by
Colbath Brian and Colbath Bruce
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
Chrone Robert J $464,500 Surety Title
Chrone Robert J $464,500 Surety Title
Mollo Gatino L $349,900 None Available
Colbath Brian -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chrone Robert J $359,600
Closed Chrone Robert J $359,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $464,500 -7.1% $968 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $499,900 -- $1,041 / 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 $7,500 $433,300 $292,000 $141,300
2023 $7,232 $433,300 $292,000 $141,300
2022 $7,232 $433,300 $292,000 $141,300
2021 $6,686 $266,900 $230,000 $36,900
2020 $6,656 $266,900 $230,000 $36,900
2019 $6,368 $266,900 $230,000 $36,900
2018 $6,283 $266,900 $230,000 $36,900
2017 $6,229 $266,900 $230,000 $36,900
2016 $6,067 $266,900 $230,000 $36,900
2015 $5,837 $266,900 $230,000 $36,900
2014 $5,557 $266,900 $230,000 $36,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22034696

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-02-00020