NOT LISTED FOR SALE

Estimated Value: $625,714 - $700,000

2 Beds
1 Bath
520 Sq Ft
$1,247/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $625,000 $1,202 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,096/month

13 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Air Conditioning
  • Oceanside
  • Cottage
  • Patio

About This Home

As of November 2024

This beach cottage is only FOUR houses from a private beach and is on a larger lot. Renovate the existing home or build a new, larger home. There is parking for four cars in the driveway. The home is on owned land and is deed restricted to one story. Home has been deemed substantially damaged by township.

Last Agent to Sell the Property

Angela Serio

Ocean Beach Sales License #0125329 Listed on: 10/10/2024

Last Buyer's Agent

Liberto Santonastaso

Ocean Beach Sales License #1430607

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,305

Year Built

  • Built in 1951

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 50 x 41

HOA Fees

  • $62 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 520 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Oceanside
  • Patio

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: a few personal items
  • Assessor Parcel Number 08-01110-05-00018

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,305

Year Built

Built in 1951

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanside
  • Reso Association Amenities: Beach, Association, Clubhouse, Playground
  • Inclusions: AC Units, Electric Cooking, Microwave, Stove, Refrigerator
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • New Construction: No
  • Year Built: 1951
  • 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: 0.05
  • General Property Info Lot Dimensions: 50 x 41
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Included Electric Cooking: Yes
  • Common Elements Clubhouse: Yes
  • Number Appliances Included A C Units: Yes
  • Common Elements Playground: Yes
  • Living Room Floor - Laminate3: Yes
  • Kitchen Floor - Laminate2: Yes
  • Style CottageBungalow: 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 Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.05
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exclusions: a few personal items
  • Exterior Features: Patio
  • 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: Other
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 739.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 41
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 08-01110-05-00018
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7305.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Nov 19, 2024
Sold by
Shaw Norma Jeanne
Bought by
Keane Kevin P and Keane Frances
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Liberto Santonastaso
Ocean Beach Sales
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Views
26
Current Estimated Value
$648,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,429
Avg. Annual Appreciation
4.08%
Original Mortgage
$437,500
Outstanding Balance
$433,401
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$215,028

Purchase Details

Closed on
Dec 10, 2007
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
Keane Kevin P $625,000 Velocity Title
Keane Kevin P $625,000 Velocity Title
Keane Kevin P $625,000 Velocity Title
-- $100 --
Shaw Norma Jeanne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keane Kevin P $437,500
Closed Keane Kevin P $437,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $625,000 +4.3% $1,202 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $599,000 -- $1,152 / 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 $7,685 $422,000 $310,000 $112,000
2024 $7,305 $422,000 $310,000 $112,000
2023 $7,043 $422,000 $310,000 $112,000
2022 $7,043 $422,000 $310,000 $112,000
2021 $7,132 $284,700 $246,200 $38,500
2020 $7,100 $284,700 $246,200 $38,500
2019 $6,793 $284,700 $246,200 $38,500
2018 $6,702 $284,700 $246,200 $38,500
2017 $6,645 $284,700 $246,200 $38,500
2016 $6,471 $284,700 $246,200 $38,500
2015 $6,226 $284,700 $246,200 $38,500
2014 $5,205 $250,000 $246,200 $3,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22429532

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-05-00018