NOT LISTED FOR SALE

227 16th Ave Belmar, NJ 07719

Estimated Value: $1,153,000 - $1,342,000

7 Beds
2 Baths
2,500 Sq Ft
$504/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $737,500 $295 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,606/month

21 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Recessed Lighting
  • Wood Flooring
  • Air Conditioning
  • Forced Air Zoned Heating System

About This Home

As of September 2019

Beautiful seashore colonial set on a large lot with off street parking, 1 1/2 block walking distance to the ocean presently used as a two family, but it can easily be converted to a single family home. Over $200k spent on renovations in 2014/2019 including complete remodel on 1st floor w/ 3 bedrooms... tons of details and upgrades in the kitchen and bathroom, 10 foot coffered ceilings and decorative crown moulding, two newer high efficient heating systems, 2 hwh, updated electrical, plumbing. 2019 renovated 2nd floor unit 4 bedrooms, new kitchen, carrera quartz counter tops, new bath w/ designer tiles, new carpet. New multi dimensional roof just installed. Nothing to do just move in and enjoy Belmar beach life style. Live in 1 and rent the other or rent both. Also great for mother/daughter

Last Agent to Sell the Property

Louie Nguyen

Keller Williams Realty Central Monmouth License #0999865 Listed on: 06/28/2019

Keller Williams Realty Central Monmouth

Last Buyer's Agent

Kim Clifton

Weichert Realtors-Sea Girt License #1538557

Weichert Realtors-Sea Girt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,896

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 57 x 100
  • Level Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Shingle Roof
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • No Garage
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Belmar Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 07-00161-0000-00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,896

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood, Laminate, Ceramic Tile
  • Reso Interior Features: Recessed Lighting
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 57 x 100
  • Location Middle School: Belmar
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 3.0
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Floors Laminate2: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle, Timberline, Flat
  • Acres: 0.13
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, None
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 57 x 100
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00161-0000-00011
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Other Annual Assessment Amount: 577800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Sep 12, 2019
Sold by
Nguyen Luy and Nguyen Camhong
Bought by
Belmar 4 227 16Th Ave Llc
Seller's Agent
Louie Nguyen
Keller Williams Realty Central Monmouth
Buyer's Agent
Kim Clifton
Weichert Realtors-Sea Girt
Sold Price
$737,500
Current Estimated Value
$1,259,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,357
Avg. Annual Appreciation
9.40%
Original Mortgage
$590,000
Outstanding Balance
$459,190
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$800,667

Purchase Details

Closed on
May 5, 2006
Sold by
Kaschak Michael
Bought by
Skinner Gregory C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2001
Sold by
Gooler Suzanne
Bought by
Kaschak Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
7.16%

Purchase Details

Closed on
Jan 6, 1997
Sold by
Kapichan Charles
Bought by
Gooler Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.36%
Source: Public Records

Range of Values:

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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
Belmar 4 227 16Th Ave Llc $737,500 Truex Abstract Inc
Skinner Gregory C $560,000 --
Kaschak Michael $266,000 --
Gooler Suzanne $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belmar 4 227 16Th Ave Llc $590,000
Previous Owner Skinner Gregory $124,700
Previous Owner Skinner Gregory C $448,000
Previous Owner Kaschak Michael $211,200
Previous Owner Gooler Suzanne $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $737,500 0.0% $295 / Sq Ft
12/15/2013 12/15/13 Rented $22,200 -- --
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 $8,896 $632,700 $414,000 $218,700
2023 $8,896 $632,700 $414,000 $218,700
2022 $8,586 $632,700 $414,000 $218,700
2021 $8,586 $632,700 $414,000 $218,700
2020 $8,510 $632,700 $414,000 $218,700
2019 $7,771 $577,800 $414,000 $163,800
2018 $7,136 $577,800 $414,000 $163,800
2017 $6,962 $577,800 $414,000 $163,800
2016 $8,800 $460,500 $274,000 $186,500
2015 $8,453 $440,500 $254,000 $186,500
2014 $8,137 $420,500 $234,000 $186,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Louie Nguyen

    Keller Williams Realty Central Monmouth

    (732) 688-1709

    4 Total Sales

    Louie Nguyen
    Section Image

  • K

    Buyer's Agent in 2019

    Kim Clifton

    Weichert Realtors-Sea Girt

    Section Image
  • Robert Ostrom

    Seller's Agent in 2013

    Robert Ostrom

    Diane Turton, Realtors-Spring Lake

    (732) 236-2929

    4 in this area

    22 Total Sales

    Robert Ostrom
    Section Image
  • Michele Coyle

    Buyer's Agent in 2013

    Michele Coyle

    Resources Real Estate

    (732) 977-8786

    11 Total Sales

    Michele Coyle
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21926764

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00161-0000-00011

New Jersey Monmouth County Belmar 07719

227 16th Ave, Belmar, NJ

This home is located at 227 16th Ave, Belmar, NJ 07719 since 28 June 2019 and is currently estimated at $1,259,857, approximately $503 per square foot. 227 16th Ave is a home located in Monmouth County with nearby schools including Belmar Elementary School, St. Rose Grammar School, and St Rose High School.

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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