Seller's Agent in 2021
Douglas Pickell
Ward Wight Sotheby's International Realty
(732) 278-6005
1 in this area
7 Total Sales
204 3rd Ave Bradley Beach, NJ 07720
Estimated Value: $2,953,556
21
Beds
14.5
Baths
--
Sq Ft
0.26
Acres
Highlights
- Ocean View
- New Kitchen
- Wood Flooring
- Guest House
- Dining Room with Fireplace
- Victorian Architecture
About This Home
As of July 2021One of Bradley Beach's most premier properties & only operating B&B. In the desirable south end & just over 1 block to the beach. A 3-story 7/8 bedrm, 3.5 bath Victorian w/ a 10 bedrm, 9 bath Inn attached, plus a 3 BR, 2 bath back house. Ocean views from the 700 sq ft front porch & 2 front bedrms. Over the years, the owners lovingly restored this 1906 architectural masterpiece. Features 10' ceilings on the 1st floor, 9' on the 2nd & 8' on the 3rd. Coffered ceilings, moldings, wood floors, back staircase & more. Newer EIK w/ cathedral ceiling, recessed lights, stainless steel appliances (double Wolf oven) & quartz counters. Living & dining rm w/ wood burning fireplace. Large family/banquet rm w/ gas fireplace, has hosted (50 people) baby showers, birthdays, etc. Has NJ State Hotel license. Guests have access to 2 outside showers for when they return from the beach and can relax on the porch or in the courtyard. Inn provides beach badges, chairs & umbrellas. Bicycles are available to bike to downtown or to Asbury Park. Train to NYC. Walk-in linen closet & several others for housekeeping. The large skylight in the Inn makes the stairwell & spacious landing light & bright. The Inn comes fully furnished with flat screen TV's, ceiling fans & baths with deep claw foot tubs & hair dryers. The Inn was gutted to the studs & totally redone. Other updates include: copper plumbing, electric, 80 windows, cement front porch, steps & railings, new fire escape & a lot more. The Inn has a central fire station & owners side is wired for it. House has a monitored security system. The porch has an overhead irrigation system for the hanging plants. There is a 3 car driveway for the owners. The current owner only chooses to run it for the summer, but can be could easily expand to the shoulder seasons or even be a great year round business. 80% of their bookings are repeat customers. Many options: Use the current set up or live in back house & rent out entire house & Inn. Just looking for a large home on a large lot close to the beach? Take the Inn down and add an inground pool & garage. Property has an assumable VA loan.
Last Agent to Sell the Property
Ward Wight Sotheby's International Realty License #9136315 Listed on: 10/27/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,749
Year Built
- Built in 1904
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 75 x 150
Parking
- Driveway
Home Design
- Victorian Architecture
- Asphalt Rolled Roof
Interior Spaces
- 3-Story Property
- Built-In Features
- Crown Molding
- Beamed Ceilings
- Ceiling height of 9 feet on the upper level
- Ceiling Fan
- Skylights
- Recessed Lighting
- Light Fixtures
- Wood Burning Fireplace
- Gas Fireplace
- Awning
- Window Screens
- Family Room
- Living Room
- Dining Room with Fireplace
- 2 Fireplaces
- Bonus Room
- Wood Flooring
- Ocean Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Home Security System
Kitchen
- New Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Cooktop
- Stove
- Dishwasher
- Kitchen Island
- Quartz Countertops
Bedrooms and Bathrooms
- 21 Bedrooms
Laundry
- Dryer
- Washer
Attic
- Attic Fan
- Pull Down Stairs to Attic
Outdoor Features
- Outdoor Shower
- Covered patio or porch
- Exterior Lighting
- Shed
- Storage Shed
Additional Homes
- Guest House
Schools
- Bradley Beach Elementary And Middle School
Utilities
- Air Conditioning
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 08-00064-0000-00014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2020
Closed on
Jun 30, 2021
Sold by
Asbaty Ronald A and Asbaty Patricia Ann
Bought by
G Squared Investments Llc
Seller's Agent
Douglas Pickell
Ward Wight Sotheby's International Realty
Buyer's Agent
Kyle Golden
C21 Thomson & Co.
List Price
$2,399,500
Sold Price
$2,150,000
Premium/Discount to List
-$249,500
-10.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$803,556
Avg. Annual Appreciation
7.75%
Original Mortgage
$1,612,500
Outstanding Balance
$1,475,721
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,445,869
Purchase Details
Closed on
Oct 2, 2020
Sold by
Asbaty Patricia Ann
Bought by
Asbaty Ronald A and Asbaty Patricia Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
VA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| G Squared Investments Llc | $2,150,000 | Coastal Title Agency | |
| G Squared Investments Llc | $2,150,000 | Coastal Title Agency | |
| Asbaty Ronald A | -- | Expert Title Llc | |
| Asboty Ronald A | -- | Expert Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | G Squared Investments Llc | $1,612,500 | |
| Closed | G Squared Investments Llc | $1,612,500 | |
| Previous Owner | Asbaty Ronald A | $400,000 | |
| Previous Owner | Asboty Ronald A | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2021 07/02/21 | Sold | $2,150,000 | -10.4% | -- |
| 05/23/2021 05/23/21 | Pending | -- | -- | -- |
| 10/26/2020 10/26/20 | For Sale | $2,399,500 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $21,639 | $2,598,200 | $1,308,400 | $1,289,800 |
| 2023 | $21,639 | $2,292,300 | $1,111,300 | $1,181,000 |
| 2022 | $19,017 | $1,842,800 | $924,800 | $918,000 |
| 2021 | $19,495 | $1,622,600 | $750,000 | $872,600 |
| 2020 | $19,495 | $1,595,300 | $631,300 | $964,000 |
| 2019 | $16,749 | $1,323,000 | $593,800 | $729,200 |
| 2018 | $17,203 | $1,243,000 | $547,800 | $695,200 |
| 2017 | $16,712 | $1,181,900 | $507,800 | $674,100 |
| 2016 | $16,285 | $1,164,900 | $507,800 | $657,100 |
| 2015 | $15,847 | $1,135,200 | $507,800 | $627,400 |
| 2014 | $16,626 | $1,201,300 | $512,800 | $688,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Kyle Golden
C21 Thomson & Co.
(201) 400-5427
2 in this area
110 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22038561
APN: 08-00064-0000-00014
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