NOT LISTED FOR SALE

240 Chelsea Ave Unit 2 Long Branch, NJ 07740

Estimated Value: $513,000 - $829,000

3 Beds
1 Bath
-- Sq Ft
0.34 Acres

Last Sold February 22, 2013

Last sale price $190,000

Est. 225% increase in value since last sale

Current estimated payment $4,045/month

111 Days on Market

About This Home

As of February 2013

INVESTMENT PROPERTY EXCELLENT DUPLEX 3 BEDROOMS IN EACH APT. SEPARATE UTILITIES. A GREAT INCOME PROPERTY.

Last Agent to Sell the Property

Lina Tavares

EXIT Realty East Coast Shirvanian License #0341340 Listed on: 06/29/2012

EXIT Realty East Coast Shirvanian

Last Buyer's Agent

Umbelina Tavares

Berkshire Hathaway HomeServices New Jersey Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,413

Year Built

  • Built in 1903

Lot Details

  • 0.34

Parking

  • No Garage

Home Design

  • Duplex
  • T111 Siding

Attic

  • Pull Down Stairs to Attic

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground
  • Natural Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 35x200

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2700200000000004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,413

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Interior Features: Attic, Attic - Pull Down Strs
  • Year Built: 1903
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 35X200
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Garage None4: Yes
  • Heating Oil Above Ground: Yes
  • SidingT111: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Basement: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Oil Above Ground, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 35X200
  • Parcel #: 2700200000000004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 4413.0
  • Tax Other Annual Assessment Amount: 232500.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2020
Sold by
Varrichio Sesi and Varrichio Derek
Bought by
Francosalvatore Llc
Total Days on Market
111
Current Estimated Value
$618,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2016
Sold by
Varricchio Desi
Bought by
Varricchio Desi and Varricchio Derek

Purchase Details

Listed on
Jun 29, 2012
Closed on
Feb 22, 2013
Sold by
Vidal Antonio
Bought by
Varricchio Desi
Seller's Agent
Lina Tavares
EXIT Realty East Coast Shirvanian
Buyer's Agent
Umbelina Tavares
Berkshire Hathaway HomeServices New Jersey Properties
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$183,658
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1999
Sold by
Key J Inc
Bought by
Welle Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,475
Interest Rate
7.86%
Mortgage Type
FHA
Source: Public Records

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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
Francosalvatore Llc $266,570 Fidelity National Title
Varricchio Desi -- None Available
Varricchio Desi $190,000 Stewart Title Guaranty Co
Welle Walter $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francosalvatore Llc $513,750
Closed Francosalvatore Llc $281,250
Previous Owner Varricchio Desi $183,658
Previous Owner Vidal Antonio $120,000
Previous Owner Welle Walter $112,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $190,000 -- --
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
2024 $7,068 $539,400 $227,100 $312,300
2023 $7,068 $455,100 $187,100 $268,000
2022 $6,871 $388,100 $152,100 $236,000
2021 $6,871 $343,400 $133,100 $210,300
2020 $7,131 $341,200 $132,100 $209,100
2019 $6,758 $321,500 $122,100 $199,400
2018 $6,473 $306,200 $114,100 $192,100
2017 $5,989 $290,600 $102,100 $188,500
2016 $5,873 $290,600 $107,100 $183,500
2015 $5,291 $237,600 $95,600 $142,000
2014 $4,913 $232,500 $106,400 $126,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lina Tavares

    EXIT Realty East Coast Shirvanian

    (732) 229-8700

    Section Image

  • U

    Buyer's Agent in 2013

    Umbelina Tavares

    Berkshire Hathaway HomeServices New Jersey Properties

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21223671

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00200-0000-00004

New Jersey Monmouth County Long Branch 07740

240 Chelsea Ave Unit 2, Long Branch, NJ

This home is located at 240 Chelsea Ave Unit 2, Long Branch, NJ 07740 since 29 June 2012 and is currently estimated at $618,114. This property was built in 1903. 240 Chelsea Ave Unit 2 is a home located in Monmouth County with nearby schools including Long Branch High School and Holy Trinity 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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