$425,000
SOLD OCT 5, 2018
3 Beds
1 Bath
930 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$457 Per Sq Ft

29 Days on Market

Highlights

  • Community Beach Access
  • Cottage
  • Patio
  • Ocean Front
  • Multiple cooling system units
  • Outdoor Gas Grill

About This Home

As of October 2022

Lowest priced ocean front on the market. Solid rental history. Vinyl siding, gas heat, washer and dryer. Add as second level or build new. Lease land for easy tax write-off. Seller will consider owner financing with 20% down.

Last Agent to Sell the Property

Daniel Mercuri

Ocean Beach Sales License #8432481 Listed on: 08/01/2018

Co-Listed By

John Mcdonough

Ocean Beach Sales License #9010178

Last Buyer's Agent

Daniel Mercuri

Ocean Beach Sales License #8432481 Listed on: 08/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,249

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 40 x 100
  • Ocean Front

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Slab Foundation
  • Tar and Gravel Roof
  • Vinyl Siding

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Water Views

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Gas Grill

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08-00945-01-00002

Community Details

Recreation

  • Community Beach Access
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,249

Year Built

Built in 1955

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanfront
  • Reso Association Amenities: Beach
  • Co List Office Mls Id: 1357
  • Co List Office Phone: 732-793-7273
  • Inclusions: Washer, Window Treatments, Dishwasher, Dryer, Stove, Refrigerator, Gas Grill
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Linoleum/Vinyl
  • Year Built: 1955
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • Water Heater Electric2: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Included Window Treatments: Yes
  • Included Gas Grill: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Common Elements Beach: Yes
  • Roof Gravel: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Roof: Tar/Gravel
  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 08-00945-01-00002
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 19249.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 12, 2018
Sold by
Hsbc Bank Usa National Association
Bought by
Islz Properties Llc
Seller's Agent
Daniel Mercuri
Ocean Beach Sales
Buyer's Agent
Daniel Mercuri
Ocean Beach Sales
Sold Price
$425,000
Current Estimated Value
$1,193,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,574
Avg. Annual Appreciation
16.48%
Original Mortgage
$340,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 17, 2004
Sold by
Peggy S Adair Irrevocable Family Trust
Bought by
Peggy S Adair Irrevocable Family Trust and Sawyer Otis S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $140,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $340,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2022 10/15/22 Pending -- -- --
10/14/2022 10/14/22 Sold $850,000 0.0% $914 / Sq Ft
08/08/2022 08/08/22 Price Changed $850,000 -2.9% $914 / Sq Ft
06/27/2022 06/27/22 Price Changed $875,000 -2.8% $941 / Sq Ft
06/15/2022 06/15/22 Price Changed $900,000 -5.3% $968 / Sq Ft
04/29/2022 04/29/22 For Sale $950,000 +123.5% $1,022 / Sq Ft
10/05/2018 10/05/18 Sold $425,000 -- $457 / 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 $21,700 $1,253,600 $1,045,000 $208,600
2023 $20,923 $1,253,600 $1,045,000 $208,600
2022 $20,923 $1,253,600 $1,045,000 $208,600
2021 $20,659 $824,700 $768,500 $56,200
2020 $20,568 $824,700 $768,500 $56,200
2019 $19,677 $824,700 $768,500 $56,200
2018 $19,413 $824,700 $768,500 $56,200
2017 $19,249 $824,700 $768,500 $56,200
2016 $18,745 $824,700 $768,500 $56,200
2015 $18,036 $824,700 $768,500 $56,200
2014 $17,170 $824,700 $768,500 $56,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21830414

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00945-01-00002