NOT LISTED FOR SALE

Estimated Value: $556,134 - $641,000

2 Beds
1 Bath
500 Sq Ft
$1,186/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $365,000 $730 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,898/month

54 Days on Market

Highlights

  • Oceanside
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Cottage
  • Outdoor Grill
  • 1-Story Property

About This Home

As of April 2020

This beach cottage is a quick walk to the ocean and the bay and is on coveted OWNED LAND in Ocean Beach III. Located on the ocean side of route 35, you don't have to cross any major roads to get to the water. A three minute walk west has you at the bay, with the convenience of a private boat basin for your small boat or jet ski docking or paddle board or kayak launching. Move-in and ready to use for yourself or for investment income. Current owners have every week of the summer easily rented. The home is above the flood level and does not need to be raised, which means affordable flood insurance! NO DAMAGE or flooding during Sandy! The house comes with a new gas heating system (replaced November 2018) and new AC (July 2019). A full wrap-around porch / deck with back deck sliders, a fenced-in property and utility shed is plus! This home has been in the same family since 1993 and has been lovingly taken care of. This is a great investment and will offer years of pleasure, fun, and beach activities. ANNUAL association fee gets you access to the Ocean Beach and Bay Club, which offers a multitude of family activities throughout the summer, including barbecue, concerts on the beach, arts & crafts and other children's activities, game nights and annual Fourth of July events and fireworks. Beautiful new sand dunes and new showers at every beach entry welcomes you to a spacious private beach. Private sand roads allow for true "sandy feet" adventures. Biking distance to restaurants and shopping, you can't help but feel the true tradition of Ocean Beach III. All appliances and furniture come complete with the purchase!

Last Agent to Sell the Property

Nancy Gray

Better Homes and Gardens Real Estate Murphy & Co Listed on: 01/22/2020

Last Buyer's Agent

Jackie McAndrew

C21/ Solid Gold Realty License #1325463

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,521

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 50 x 32

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Oceanside
  • Outdoor Grill

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Ocean Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-01110-07-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,521

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Year Built: 1955
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 32
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Exterior BBQ: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exterior Features: BBQ

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 5.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 32
  • Parcel #: 08-01110-07-00006

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6521.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Apr 21, 2020
Sold by
Montesano Christopher and Montesano Sarah D
Bought by
Difranco Salvatore and Difranco Ronny L
Seller's Agent
Nancy Gray
Better Homes and Gardens Real Estate Murphy & Co
Buyer's Agent
Jackie McAndrew
C21/ Solid Gold Realty
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%
Current Estimated Value
$593,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,034
Avg. Annual Appreciation
9.74%
Original Mortgage
$328,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2018
Sold by
Montesano Drborah M
Bought by
Montesano Christopher and Miller Sarah D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,650
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 1993
Sold by
Hansen Chris
Bought by
Montesano Louis and Montesano Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.69%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Difranco Salvatore $365,000 Nuco Title Ins Agcy Inc
Montesano Christopher $347,000 None Available
Montesano Louis $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Difranco Salvatore $333,000
Closed Difranco Salvatore $333,000
Closed Difranco Salvatore $328,500
Previous Owner Montesano Christopher $329,650
Previous Owner Montesano Louis $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $365,000 -3.7% $730 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $379,000 -- $758 / 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 $7,461 $431,000 $292,000 $139,000
2023 $7,193 $431,000 $292,000 $139,000
2022 $7,193 $431,000 $292,000 $139,000
2021 $6,846 $273,300 $230,000 $43,300
2020 $6,816 $273,300 $230,000 $43,300
2019 $6,521 $273,300 $230,000 $43,300
2018 $6,433 $273,300 $230,000 $43,300
2017 $6,379 $273,300 $230,000 $43,300
2016 $6,212 $273,300 $230,000 $43,300
2015 $5,977 $273,300 $230,000 $43,300
2014 $5,690 $273,300 $230,000 $43,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22002874

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-07-00006