NOT LISTED FOR SALE

Estimated Value: $440,331 - $630,000

3 Beds
3 Baths
502 Sq Ft
$1,008/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $310,000 $618 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,263/month

8 Days on Market

Highlights

  • Heating Available
  • Freehold Township High School Rated A-
  • 1-Story Property

About This Home

As of June 2019

PERFECT INVEST PROPERTY. 3 small individual bungalows and one auxiliary unit. The additional building is divided and used as locked storage for each bungalow and as the well house. All this on one large property in a great neighborhood in Freehold Township. Each unit has 1 bedroom, living room, kitchen and bathroom. There are currently happy tenants living in each unit who would like very much to continue , renting the properties, or also perfect for a family that wants to be near each other, but maintain their privacy. new septic sys will be installed prior to closing, all 3 units have electric base board heat, controlled by each unit; Stove in each powered by propane; tenant responsible for propane;Each has its own electrical metered service, tenant responsible; property has a well new septicsystem will be installed prior to closing. All three units have electric base board heat, which is controlled individually in each room of each unit. The stove in each unit is powered by propane. Each unit has it's own propane tank, and the tenants are responsible for that. Each unit has it's own electrical metered service, and the tenant of each unit is responsible for payment of that. The property has a well which is connected to it's own electric metered service which is owner paid. Trash removal and pest control are the responsibility of the owner. Tenants are responsible for upkeep of their own yard. This is a very unique property and you should come take a look.

Last Agent to Sell the Property

Lynne Wechsler

Marquee Real Estate License #0229105 Listed on: 02/11/2019

Last Buyer's Agent

Thomas Adinolfi

Mack Morris Thomas Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,815

Lot Details

  • 1.17

Home Design

  • Triplex
  • Slab Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating Available
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • 1-Story Property
  • 1.17 Acre Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 17-00102-0000-00023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,815

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Well: Yes
  • Water Heater Electric2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:Slab: Yes

Exterior Features

  • Acres: 1.17
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Septic Tank
  • Heating: Electric BB
  • HeatingYN: Yes
  • Water Source: Well
  • Water/Sewer/Septic: Yes
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 50965.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 17-00102-0000-00023
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
Ranieri Paul
Bought by
Paul Raniteri Family Revocable Trust
Current Estimated Value
$505,833

Purchase Details

Listed on
Feb 11, 2019
Closed on
Jun 7, 2019
Sold by
Weigand Christian and Altamura Weigand Suzanne
Bought by
Ranieri Paul
Seller's Agent
Lynne Wechsler
Marquee Real Estate
Buyer's Agent
Thomas Adinolfi
Mack Morris Thomas Realtors
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Feb 1, 2012
Sold by
Sunquest Funding Llc
Bought by
Weigand Christian and Weigand Suzanne

Purchase Details

Closed on
Dec 28, 2011
Sold by
Weigand Christian and Weigand Suzanne
Bought by
Sunquest Funding Llc

Purchase Details

Closed on
Dec 16, 1998
Sold by
Sloan Esther
Bought by
Weigand Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.67%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Paul Raniteri Family Revocable Trust -- None Available
Ranieri Paul $310,000 Commonwealth Title Agency
Weigand Christian -- None Available
Sunquest Funding Llc -- None Available
Weigand Christopher $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weigand Christopher $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $310,000 -- $618 / 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 $6,815 $490,100 $213,600 $276,500
2024 $6,789 $376,500 $203,800 $172,700
2023 $6,789 $364,200 $207,700 $156,500
2022 $5,709 $276,300 $127,700 $148,600
2021 $5,709 $264,800 $127,700 $137,100
2020 $5,366 $247,300 $117,700 $129,600
2019 $5,185 $237,300 $107,700 $129,600
2018 $5,152 $230,600 $107,700 $122,900
2017 $4,921 $216,800 $97,700 $119,100
2016 $4,895 $211,100 $97,700 $113,400
2015 $4,898 $213,800 $103,300 $110,500
2014 $4,983 $208,600 $103,300 $105,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21905742

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-00102-0000-00023