NOT LISTED FOR SALE

219 Drum Point Rd Brick, NJ 08723

Estimated Value: $430,652 - $468,000

1 Bed
1 Bath
-- Sq Ft
6,011 Sq Ft Lot

Last Sold January 18, 2017

Last sale price $177,000

Est. 150% increase in value since last sale

Current estimated payment $2,786/month

17 Days on Market

Highlights

  • Deck
  • Air Conditioning
  • Awning
  • Double-Wide Driveway
  • Handicap Accessible
  • Fenced

About This Home

As of January 2017

Fantastic investment property completed leased out! Unique Two-family home featuring two- 1 BR, 1 Bath apartments. The lower level avails a generous living area, open kitchen, sun-room, handicapped shower. The upper level apartment is open, offers a generous master and newer carpeting. The residence offers a large yard, shared deck & shed. Great location! Short distance to Drum Point Marina, beaches, and close to major highways and public transportation.Don't miss out on this great opportunity to invest at the Jersey Shore...So What are you waiting for ??? Don't miss out on this great opportunity to invest at the Jersey Shore...Invest Today!

Last Agent to Sell the Property

Christina Gelpi

Real Broker, LLC- Red Bank License #1329223 Listed on: 11/01/2016

Real Broker, LLC- Red Bank

Last Buyer's Agent

Christina Gelpi

Keller Williams Shore Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 60 x 100
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Awning
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Double-Wide Driveway

Utilities

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

Additional Features

  • Handicap Accessible
  • Deck

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Owner and Tenant's Personal Property
  • The owner pays for yard maintenance
  • Assessor Parcel Number 07-00322-0000-00003

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 60 x 100
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • ExteriorDeck: Yes
  • Exterior Handicap Acc: Yes
  • General Property Info # Parking Spaces: 2.0
  • Parking Double Wide: Yes
  • Unit 1 AC Unit: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 1 Gas Stove: Yes
  • Exterior Awnings2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Owner and Tenant's Personal Property
  • Exterior Features: Deck, Fence, Handicap Acc, Awnings
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Common, Double Wide
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • GarageParking:Common: Yes

Utilities

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

Lot Info

  • Lot Dimensions: 60 x 100
  • Parcel #: 07-00322-0000-00003

Rental Info

  • Owner Pays: Yard Maintenance

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Other Annual Assessment Amount: 61800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Jan 18, 2017
Sold by
Enz Craig A
Bought by
Msp Properties Llc
Seller's Agent
Christina Gelpi
Real Broker, LLC- Red Bank
Buyer's Agent
Christina Gelpi
Crossroads Realty Inc. -Pt. Pleasant Beach
Sold Price
$177,000
Current Estimated Value
$443,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,163
Avg. Annual Appreciation
10.75%
Original Mortgage
$141,600
Outstanding Balance
$116,725
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$326,438

Purchase Details

Closed on
Nov 7, 2016
Sold by
Ocean County Sheriff
Bought by
Lsf8 Master Participation Trust

Purchase Details

Closed on
Aug 22, 2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Msp Properties Llc $177,000 Madison Title Agency
Lsf8 Master Participation Trust $7,831 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Msp Properties Llc $141,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2017 01/18/17 Sold $177,000 -- --
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 $5,626 $217,800 $156,000 $61,800
2024 $5,347 $217,800 $156,000 $61,800
Source: Public Records

Agents Affiliated with this Home

  • Christina Gelpi

    Seller's Agent in 2017

    Christina Gelpi

    Real Broker, LLC- Red Bank

    (732) 485-9393

    4 in this area

    43 Total Sales

    Christina Gelpi
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21641423

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00322-0000-00003

New Jersey Ocean County Brick 08723

219 Drum Point Rd, Brick, 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.

Nearby Homes