NOT LISTED FOR SALE

306 Grassmere Ave Interlaken, NJ 07712

Estimated Value: $955,000 - $1,403,000

4 Beds
2 Baths
2,464 Sq Ft
$485/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $736,000 $299 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,964/month

63 Days on Market

Highlights

  • Dutch Colonial Architecture
  • No HOA
  • 1 Car Detached Garage
  • Attic
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of December 2021

Restore this 1930 Dutch Colonial home to its original beauty in one of New Jersey's most beautiful towns, nestled between quiet Allenhurst and prospering Asbury Park. This great fixer-upper will require a lot of hard work but the results will be well worth it to live in a small, picturesque town on the Jersey Shore. Interlaken's location is perfect for everything from great restaurants in Asbury Park, Red Bank and Pier Village in Long Branch, entertainment, the beach and so much more. Easy access to major roads that can get you to New York or Philadelphia. This is a great opportunity for the right buyer who can visualize what a great home this can be.

Last Agent to Sell the Property

Margaret Shafranski

Weichert Realtors-Ocean Listed on: 10/11/2021

Last Buyer's Agent

Alexis Siciliano

RE/MAX Gateway License #1430865

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,919

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 135
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Dutch Colonial Architecture
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00006-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,919

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Dutch Colonial, Detached
  • Reso Flooring: Cement
  • Reso Interior Features: Attic, Attic - Pull Down Stairs
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.15
  • General Property Info Lot Dimensions: 50 x 135
  • Interior Attic - Pull Down Stairs: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Exterior Porch - Open: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Eat-In: Yes
  • Style Dutch Colonial: Yes
  • SidingStucco: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.15
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Porch - Open, Porch - Covered
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 135
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 22-00006-0000-00004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5919.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 20, 2021
Sold by
Epstein Paul A
Bought by
Zazzo Edmund Andrew and Zazzo Barbara-Ann
Seller's Agent
Margaret Shafranski
Weichert Realtors-Ocean
Buyer's Agent
Alexis Siciliano
RE/MAX Gateway
List Price
$699,000
Sold Price
$736,000
Premium/Discount to List
$37,000
5.29%
Current Estimated Value
$1,196,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,021
Avg. Annual Appreciation
12.51%
Original Mortgage
$336,000
Outstanding Balance
$308,783
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$887,238

Purchase Details

Closed on
May 8, 2020
Sold by
Epstein Paul A and Estate Of Susan Epstein
Bought by
Epstein Paul A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zazzo Edmund Andrew $736,000 All Ahead Title
Epstein Paul A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zazzo Edmund Andrew $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $736,000 +5.3% $299 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $699,000 0.0% $284 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $699,000 -- $284 / 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 $9,032 $1,155,000 $764,400 $390,600
2024 $9,174 $1,043,000 $643,100 $399,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22133425

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00006-0000-00004