NOT LISTED FOR SALE

384 Kirby Ave Long Branch, NJ 07740

Estimated Value: $2,958,436 - $2,962,000

8 Beds
4 Baths
3,837 Sq Ft
$771/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $492,000 $128 Per Sq Ft

Est. 502% increase in value since last sale

Current estimated payment $19,218/month

6 Days on Market

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Fenced
  • 2 Car Detached Garage
  • Zoned Heating
  • 4-minute walk to Van Court Park

About This Home

As of October 2018

Priced to sell is this 4 family home across from Monmouth University that with a little imagination can be a real nice investment. Property features 2 bedrooms in each unit, full basement, detached garage and home sits on over 1/2 acre of property. Great location with income potential of over $6,000.00 per month when completed. A real must see!!

Last Agent to Sell the Property

Richard Shirvanian

EXIT Realty East Coast Shirvanian License #9331863 Listed on: 08/08/2018

EXIT Realty East Coast Shirvanian

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,947

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 125 x 190
  • Fenced

Parking

  • 2 Car Detached Garage
  • Unpaved Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,837 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Elberon Elementary School
  • Long Branch Middle School
  • Long Branch High School

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for hot water, yard maintenance, water, snow removal, heat, gas
  • Assessor Parcel Number 27-00069-0000-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,947

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood, Ceramic Tile
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 125 x 190
  • Location Middle School: Long Branch
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • SidingBrick: Yes
  • Parking Unpaved: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: None
  • Construction Type: Brick
  • Exterior Features: Fence, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street, Unpaved, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 125 x 190
  • Parcel #: 27-00069-0000-00003
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: Hot Water, Yard Maintenance, Water, Snow Removal, Heat, Gas

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 18947.0
  • Tax Other Annual Assessment Amount: 955000.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Elberon
  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
384 Kirby Avenue Llc
Bought by
K7 Group Family Trust
Total Days on Market
6
Current Estimated Value
$2,960,218

Purchase Details

Listed on
Aug 8, 2018
Closed on
Oct 19, 2018
Sold by
Nationstar Mortgage Llc
Bought by
384 Kirby Avenue Llc
Seller's Agent
Richard Shirvanian
EXIT Realty East Coast Shirvanian
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$492,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.19%

Purchase Details

Closed on
Jun 6, 2017
Sold by
Monmouth County Sheriff
Bought by
Wells Fargo Bank
Source: Public Records

Range of Values:

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Average Value
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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
K7 Group Family Trust $2,000,000 None Available
384 Kirby Avenue Llc $417,000 Wfg National Title Insurance
Wells Fargo Bank $501,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 384 Kirby Avenue Llc $1,211,500
Previous Owner 384 Kirby Avenue Llc $1,211,500
Previous Owner Nagelschmidt Carol $844,500
Previous Owner Nagelschmidt Carol $266,000
Previous Owner Nagelschmidt Carol $221,000
Previous Owner Nagelschmidt Carol $144,000
Previous Owner Nagelschmidt Carol $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $492,000 -- $128 / 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 $31,217 $2,138,300 $747,000 $1,391,300
2023 $31,217 $2,010,100 $682,000 $1,328,100
2022 $28,298 $1,538,300 $391,900 $1,146,400
2021 $28,298 $320,900 $320,900 $0
2020 $14,643 $700,600 $287,900 $412,700
2019 $21,165 $1,006,900 $255,900 $751,000
2018 $20,189 $955,000 $231,500 $723,500
2017 $18,947 $919,300 $209,500 $709,800
2016 $18,492 $915,000 $223,500 $691,500
2015 $14,520 $652,000 $211,000 $441,000
2014 $14,286 $676,100 $235,000 $441,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21831373

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00069-0000-00003