NOT LISTED FOR SALE

Estimated Value: $786,000 - $875,000

5 Beds
3 Baths
2,926 Sq Ft
$284/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $700,000 $239 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,194/month

63 Days on Market

Highlights

  • Attic
  • Thermal Windows
  • Level Lot
  • Joseph A. Foran High School Rated A-
  • Tankless Water Heater

About This Home

As of November 2023

For Sale - Woodmont by the Sea - three family unit new to market, one block from the Beach Avenue scenic walk and sandy Anchor Beach! This apartment building is ready for new owners, the work has been done! Large area in back of the property provides off street parking, each unit has large deck, and washer/dryer hookups, two of the apartments include the units! Large & spacious 2 bedrooms on first and second floors, tiled baths, tiled kitchens - two with islands, vaulted ceiling on the third floor. Tankless hot water heaters, gas heat. First floor stainless appliances, granite counters, farmer kitchen sink, 6 burner Kucht gas stove; (pot rack, island on first floor unit kitchen doesn't covey with property). Third floor with vaulted ceilings, views of Woodmont, & great space! Check out the floor plans in the attachments. Inspection for informational purposes only, all offers on standard MLS Purchase Contract please. Live in one - rent the other two floors! Units are clearly underpriced for current market, location and size of unit. Floor plans for each floor available. Large standalone shed, and another shed on the property for storage. Property being sold AS IS. Woodmont Borough tax is $150 per year. Flood insurance owner pays is $500 per year.

Last Agent to Sell the Property

Leah Fonte

Property World License #RES.0763683 Listed on: 07/04/2023

Property World

Last Buyer's Agent

Amber Blake

Stacy Blake Realty LLC License #RES.0802641

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,875

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,926 Sq Ft Home
  • Thermal Windows
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Flood Zone Lot

Schools

  • Joseph A. Foran High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 1211870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,875

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Anchor Beach
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2926
  • Total Sq Ft: 2926
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: PARK,PLAY
  • Remarks Public Addendum: First floor washer/dryer, second floor w/d hookup. third floor has washer and dryer in unit.
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3755
  • Directions: Chapel to Kings Highway to Village Road.
  • Financing Used: Conventional Fixed
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: FINISH,HEAT
  • Basement Description: None
  • Laundry Room Location: In each unit.
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes

Exterior Features

  • Exterior Features: BALCONY,DECK,PATIO,SHED
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: BEACH,WALK
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: PRIV,CRUSH
  • Total Parking Spaces: 6
  • Garage And Parking: DRIVE,OFFST

Utilities

  • Cooling System: Window Unit
  • Heat Type: Other
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.13
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: BD1
  • Parcel #: 1211870

Multi Family

  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Property Tax: 8875

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Joseph A. Foran

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2023
Closed on
Nov 7, 2023
Sold by
Micalizzi Philip J and Micalizzi Lydia E
Bought by
Arora Rohit
Seller's Agent
Leah Fonte
Property World
Buyer's Agent
Amber Blake
Stacy Blake Realty LLC
List Price
$719,000
Sold Price
$700,000
Premium/Discount to List
-$19,000
-2.64%
Views
261
Current Estimated Value
$831,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,018
Avg. Annual Appreciation
8.77%
Original Mortgage
$525,000
Outstanding Balance
$514,576
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$316,442

Purchase Details

Closed on
May 14, 1999
Sold by
Aaronson Lawrence
Bought by
Micalizzi Philip J and Micalizzi Lydia E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arora Rohit $700,000 None Available
Arora Rohit $700,000 None Available
Micalizzi Philip J $224,000 --
Micalizzi Philip J $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arora Rohit $525,000
Closed Arora Rohit $525,000
Previous Owner Micalizzi Philip J $390,720
Previous Owner Micalizzi Philip J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2023 11/07/23 Sold $700,000 -2.6% $239 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $719,000 0.0% $246 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $719,000 +2.7% $246 / Sq Ft
07/14/2023 07/14/23 Off Market $700,000 -- --
07/04/2023 07/04/23 For Sale $719,000 -- $246 / Sq Ft
Source: SmartMLS

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 $9,813 $332,080 $147,630 $184,450
2024 $9,519 $326,650 $147,630 $179,020
2023 $8,875 $326,650 $147,630 $179,020
2022 $8,705 $326,650 $147,630 $179,020
2021 $7,358 $266,100 $110,880 $155,220
2020 $7,366 $266,100 $110,880 $155,220
2019 $7,374 $266,100 $110,880 $155,220
2018 $7,382 $266,100 $110,880 $155,220
2017 $7,395 $266,100 $110,880 $155,220
2016 $6,986 $250,920 $100,800 $150,120
2015 $6,996 $250,920 $100,800 $150,120
2014 $6,830 $250,920 $100,800 $150,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170582234

SmartMLS

APN: MILF-000060-000741-000005