NOT LISTED FOR SALE

306 Grassmere Ave Interlaken, NJ 07712

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

4 Beds
2 Baths
1,960 Sq Ft
$610/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $736,000 $376 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,970/month

About This Home

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.

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
12.57%
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
Collateral Analytics

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ICE

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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
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 Prior Sale
12/20/2021 12/20/21 Sold $736,000 +5.3% $299 / Sq Ft View Prior Sale
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

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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