$171,100
SOLD AUG 17, 2017

340 Myrtle Ave Unit 1 Neptune, NJ 07753

4 Beds
2 Baths
1,374 Sq Ft
6,490 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

9 Days on Market

About This Home

As of August 2017

Opportunity Knocks! to own a two-family in Neptune, live in one side and rent the other. This would also make a great investment. Property has a large backyard & adequate driveway. 2 gas,1 water, 2 electric meters & 2 furnaces. Do your due diligence to make certain that this is a legal 2 family. Close to Jersey Shore Medical Center,Rt 35 & the beach. HUD Home Sold As Is by electronic bid only. Prop available 5-26-2017. Bids due by 6-4-2017 11:59 PM CT, FHA Case #352-520742 . Insured with Escrow Rpr. Eligible for FHA 203K. BLB Resources makes no warranty as to condition of property.Home was built prior to 1978 lead based paint may exist. Information has been compiled from various sources and is deemed to be reliable but not guaranteed.

Last Agent to Sell the Property

Billy Cassie

Shore Realty Exchange License #0999193 Listed on: 05/27/2017

Co-Listed By

Sharon Cassie

Shore Realty Exchange License #1430459

Last Buyer's Agent

Olga Hannout

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,375

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 48 x 135

Home Design

  • Duplex

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Neptune Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35-00602-0000-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,375

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Co List Office Mls Id: 3177
  • Co List Office Phone: 732-701-3828
  • Subdivision Name: None
  • Year Built: 1928
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 48 x 135
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 48 x 135
  • Parcel #: 35-00602-0000-00006

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3375.0
  • Tax Other Annual Assessment Amount: 149000.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2017
Closed on
Aug 16, 2017
Sold by
Hud
Bought by
Hannout Nadia E
Seller's Agent
Billy Cassie
Shore Realty Exchange
Buyer's Agent
Olga Hannout
RE/MAX Gateway
Sold Price
$171,100
Current Estimated Value
$404,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,340
Avg. Annual Appreciation
11.33%
Original Mortgage
$165,389
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 2017
Sold by
Gitimortgage Inc
Bought by
Secretary Housing Urban Development

Purchase Details

Closed on
Oct 24, 2016
Sold by
Castillo Olga and Manor At Wayside Condo Associa
Bought by
City Mortgage Inc

Purchase Details

Closed on
Feb 27, 2004
Sold by
Said Samia
Bought by
Castillo Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,197
Interest Rate
5.56%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $171,100 --
Warranty Deed -- None Available
Sheriffs Deed -- None Available
Deed $239,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,389 FHA
Previous Owner $206,197 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2018 12/29/18 Rented $20,400 0.0% --
08/17/2017 08/17/17 Sold $171,100 -- $125 / 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 $5,154 $331,700 $169,800 $161,900
2023 $5,154 $285,400 $127,300 $158,100
2022 $3,934 $235,500 $82,800 $152,700
2021 $3,934 $186,200 $68,800 $117,400
2020 $3,471 $163,900 $52,600 $111,300
2019 $3,353 $156,300 $51,900 $104,400
2018 $3,439 $158,500 $51,900 $106,600
2017 $3,402 $150,600 $51,900 $98,700
2016 $3,375 $149,000 $51,900 $97,100
2015 $3,265 $146,600 $51,900 $94,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21720873

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00602-0000-00006