NOT LISTED FOR SALE

211 16th Ave Belmar, NJ 07719

Estimated Value: $795,055 - $991,000

4 Beds
2 Baths
1,056 Sq Ft
$848/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $550,000 $521 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,212/month

22 Days on Market

About This Home

As of December 2020

GREAT INVESTMENT! LESS THAN 2 BLOCKS FROM THE BEACH.
Home is sold AS-IS.
2 Units each of 2 bedrooms and 1 bath.
Off street Parking. Walk to train.

Last Agent to Sell the Property

Ellen Dynov-Dell'Alba

Keller Williams Realty Monmouth/Ocean License #0898585 Listed on: 10/08/2020

Keller Williams Realty Monmouth/Ocean

Co-Listed By

Gina Meleo

Keller Williams Realty Monmouth/Ocean

Last Buyer's Agent

Steven Pena

RealEstate.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,625

Year Built

  • Built in 1950

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Belmar Middle School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 07-00161-0000-00005-02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,625

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Co List Office Mls Id: 2570
  • Co List Office Phone: 732-942-5280
  • Subdivision Name: None
  • Year Built: 1950
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Belmar
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • SidingCedarShake: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.06
  • Waterfront: No
  • Construction Type: Shake Siding

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00161-0000-00005-02
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5625.0
  • Tax Other Annual Assessment Amount: 418200.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 21, 2020
Sold by
Racioppi John and Racioppi Bernadette
Bought by
Sanchez Jorge
Seller's Agent
Ellen Dynov-Dell'Alba
Keller Williams Realty Monmouth/Ocean
Buyer's Agent
Steven Pena
RealEstate.com
List Price
$578,000
Sold Price
$550,000
Premium/Discount to List
-$28,000
-4.84%
Current Estimated Value
$895,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,514
Avg. Annual Appreciation
10.33%
Original Mortgage
$412,500
Outstanding Balance
$366,468
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$529,046

Purchase Details

Closed on
Oct 7, 2011
Sold by
Vaccaro Dominick and Vaccaro Pamela
Bought by
Racioppi John and Racioppi Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanchez Jorge $550,000 Afrm Title And Abstract
Sanchez Jorge $550,000 New Title Company Name
Racioppi John $345,000 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Jorge $412,500
Closed Sanchez Jorge $412,500
Previous Owner Racioppi John $258,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $550,000 -4.8% $521 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $578,000 -- $547 / 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
2025 $6,085 $418,200 $352,000 $66,200
2024 $5,880 $418,200 $352,000 $66,200
2023 $5,880 $418,200 $352,000 $66,200
2022 $5,675 $418,200 $352,000 $66,200
2021 $5,625 $418,200 $352,000 $66,200
2020 $5,625 $418,200 $352,000 $66,200
2019 $5,625 $418,200 $352,000 $66,200
2018 $5,165 $418,200 $352,000 $66,200
2017 $5,039 $418,200 $352,000 $66,200
2016 $5,204 $272,300 $169,600 $102,700
2015 $4,918 $256,300 $153,600 $102,700
2014 $4,650 $240,300 $137,600 $102,700
Source: Public Records

Agents Affiliated with this Home

  • Ellen Dynov-Dell'Alba

    Seller's Agent in 2020

    Ellen Dynov-Dell'Alba

    Keller Williams Realty Monmouth/Ocean

    (718) 551-8700

    3 in this area

    698 Total Sales

    Ellen Dynov-Dell'Alba
    Section Image

  • G

    Seller Co-Listing Agent in 2020

    Gina Meleo

    Keller Williams Realty Monmouth/Ocean

  • S

    Buyer's Agent in 2020

    Steven Pena

    RealEstate.com

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22036109

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00161-0000-00005-02

New Jersey Monmouth County Belmar 07719

211 16th Ave, Belmar, NJ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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