NOT LISTED FOR SALE

Estimated Value: $653,000 - $684,000

2 Beds
1 Bath
500 Sq Ft
$1,345/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $515,000 $1,030 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,401/month

34 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Double-Wide Driveway
  • Property is near an ocean
  • Cottage
  • Skylights

About This Home

As of June 2021

Adorable 2 bedroom oceanblock cottage which has been nicely updated. Some features are Cedar Impression siding, brick patio, walkway, outside shower and a gas grill. Enter the dining area with its built-in seating, colorful cushions and shutters. A combo washer dryer unit is under the counter. Tasteful furnishings all included. Enjoy this lovely beach home or rent it out for extra income. This is a super location only 5 houses to the beach! Ocean Beach and Bay Club is a private beach association with guarded beaches, playground, and a small boat basin. Owned Land.

Last Agent to Sell the Property

Jillian Venneman

Diane Turton, Realtors-Lavallette License #9701814 Listed on: 05/02/2021

Diane Turton, Realtors-Lavallette

Last Buyer's Agent

LEONIDAS KARRAS

Mike Koen Realty License #1435965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,774

Year Built

  • Built in 1952

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 50 x 32

HOA Fees

  • $59 Monthly HOA Fees

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Blinds

Kitchen

  • Gas Cooktop
  • Stove

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • No Garage
  • Double-Wide Driveway
  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Property is near an ocean
  • Patio
  • Exterior Lighting
  • Outdoor Gas Grill

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Personal items
  • Assessor Parcel Number 08-01110-03-00015

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,774

Year Built

Built in 1952

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block
  • Reso Association Amenities: Beach, Association, Clubhouse, Playground
  • Inclusions: Outdoor Lighting, AC Units, Blinds/Shades, Ceiling Fan(s), Stove, Refrigerator, Gas Grill, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Tile, W/W Carpet
  • Reso Interior Features: Skylight
  • Year Built: 1952
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 50 x 32
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Parking Double Wide Drive: Yes
  • Included BlindsShades: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Common Elements Playground: Yes
  • ExteriorOutdoorShower: Yes
  • Included Gas Grill: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • Allowable One Cat: Yes
  • Allowable One Dog: Yes
  • Style CottageBungalow: Yes
  • Living Room Floor - Ceramic2: Yes
  • Dining Room Built-Ins3: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Refrigerator: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: Personal items
  • Exterior Features: Outdoor Shower, Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Double Wide Drive, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 711.0
  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Dimensions: 50 x 32
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 08-01110-03-00015
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6774.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Jun 15, 2021
Sold by
Cochrane Ned A and Cochrane Maureen
Bought by
Arvanitis John
Seller's Agent
Jillian Venneman
Diane Turton, Realtors-Lavallette
Buyer's Agent
LEONIDAS KARRAS
Mike Koen Realty
List Price
$539,000
Sold Price
$515,000
Premium/Discount to List
-$24,000
-4.45%
Current Estimated Value
$672,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,739
Avg. Annual Appreciation
6.77%
Original Mortgage
$315,000
Outstanding Balance
$288,280
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$384,459

Purchase Details

Closed on
Apr 18, 2005
Sold by
Mcdonough John
Bought by
Cochrane Ned A and Cochrane Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 17, 2005
Sold by
Demarc Frank
Bought by
Mcdonough John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 5, 2004
Sold by
Driscoll William and Driscoll Patrice
Bought by
Demarc Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.47%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 25, 1996
Sold by
Russo William
Bought by
Driscoll William and Driscoll Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
7.98%
Source: Public Records

Range of Values:

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
Arvanitis John $515,000 First American Title Ins Co
Cochrane Ned A $442,000 --
Mcdonough John $408,405 --
Demarc Frank $355,000 Fidelity Natl Title Ins Co
Driscoll William $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arvanitis John $315,000
Previous Owner Cochrane Ned A $248,000
Previous Owner Cochrane Ned A $265,000
Previous Owner Cochrane Ned A $300,000
Previous Owner Demarc Frank $284,000
Previous Owner Driscoll William $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $515,000 -4.5% $1,030 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $539,000 0.0% $1,078 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $539,000 -- $1,078 / 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
2024 $7,523 $434,600 $292,000 $142,600
2023 $7,253 $434,600 $292,000 $142,600
2022 $7,253 $434,600 $292,000 $142,600
2021 $6,804 $271,600 $230,000 $41,600
2020 $6,774 $271,600 $230,000 $41,600
2019 $6,480 $271,600 $230,000 $41,600
2018 $6,393 $271,600 $230,000 $41,600
2017 $6,339 $271,600 $230,000 $41,600
2016 $6,173 $271,600 $230,000 $41,600
2015 $5,940 $271,600 $230,000 $41,600
2014 $5,655 $271,600 $230,000 $41,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22109479

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-03-00015