Seller's Agent in 2022
Meghan Anderson
RE/MAX
1 in this area
138 Total Sales
31 Water St Farmingdale, NJ 07727
Estimated Value: $742,000
5
Beds
2
Baths
1,900
Sq Ft
$391/Sq Ft
Est. Value
Highlights
- Corner Lot
- Circular Driveway
- Multiple cooling system units
- Howell High School Rated A-
- 1 Car Detached Garage
- Baseboard Heating
About This Home
As of March 2022Great opportunity to own an investment property, cash positive from the start as it's occupied with one excellent long term tenant. Reside in the spacious first floor or rent it out for maximum profit. The first floor offers three spacious bedrooms, gleaming hardwood flooring a renovated kitchen and bathroom, living room, dining room and laundry room. The second floor offers two bedrooms, living room, kitchen and bathroom. A detached garage, large deck and ample parking completes this home. Limitless possibilities.
Last Agent to Sell the Property
RE/MAX Realty 9 License #1758513 Listed on: 11/05/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,123
Year Built
- Built in 1920
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 87 x 95
- Corner Lot
Parking
- 1 Car Detached Garage
- Circular Driveway
- On-Street Parking
- Off-Street Parking
Home Design
- Duplex
- Asphalt Rolled Roof
Interior Spaces
- 2-Story Property
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Dirt Floor
Schools
- Farmingdale Elementary School
- Farmingdale Middle School
- Howell High School
Utilities
- Multiple cooling system units
- Baseboard Heating
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: Personal Belongings
- Tenant pays for electricity
- The owner pays for water, sewer, gas, garbage removal
- Assessor Parcel Number 15-00024-0000-00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2021
Closed on
Jan 31, 2022
Sold by
31 Water Street Llc
Bought by
Mayim 31 Llc
Seller's Agent
Meghan Anderson
RE/MAX Realty 9
Buyer's Agent
Meghan Anderson
RE/MAX Realty 9
List Price
$595,000
Sold Price
$601,000
Premium/Discount to List
$6,000
1.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,000
Avg. Annual Appreciation
7.27%
Original Mortgage
$420,700
Outstanding Balance
$394,929
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$369,071
Purchase Details
Listed on
Nov 12, 2018
Closed on
Jun 21, 2019
Sold by
Theis David
Bought by
31 Water Street Llc
Seller's Agent
Ryan Curran
Curran Group Real Estate Services
Buyer's Agent
Meghan Anderson
RE/MAX Realty 9
Sold Price
$220,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.12%
Original Mortgage
$223,000
Interest Rate
3.82%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 29, 2000
Sold by
Taranto Betty
Bought by
Theis David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,855
Interest Rate
7.96%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mayim 31 Llc | $601,000 | Old Republic Title | |
| 31 Water Street Llc | $220,000 | Commonwealth Title Agency | |
| Theis David | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mayim 31 Llc | $420,700 | |
| Previous Owner | 31 Water Street Llc | $223,000 | |
| Previous Owner | Theis David | $133,394 | |
| Previous Owner | Theis David S | $90,000 | |
| Previous Owner | Theis David | $138,855 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2022 03/07/22 | Sold | $601,000 | +1.0% | $316 / Sq Ft |
| 11/05/2021 11/05/21 | For Sale | $595,000 | +170.5% | $313 / Sq Ft |
| 07/12/2019 07/12/19 | Sold | $220,000 | -- | $116 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $10,885 | $599,200 | $171,800 | $427,400 |
| 2023 | $10,885 | $575,600 | $131,800 | $443,800 |
| 2022 | $5,123 | $254,600 | $111,800 | $142,800 |
| 2021 | $5,123 | $223,300 | $91,800 | $131,500 |
| 2020 | $5,126 | $225,900 | $96,800 | $129,100 |
| 2019 | $5,472 | $240,300 | $112,800 | $127,500 |
| 2018 | $5,112 | $241,700 | $112,800 | $128,900 |
| 2017 | $5,006 | $240,100 | $112,800 | $127,300 |
| 2016 | $4,749 | $232,000 | $112,800 | $119,200 |
| 2015 | $4,367 | $231,800 | $111,800 | $120,000 |
| 2014 | $5,231 | $286,300 | $80,300 | $206,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Seller's Agent in 2019
Ryan Curran
Curran Group Real Estate Services
(732) 359-3203
39 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22135939
APN: 15-00024-0000-00007
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