NOT LISTED FOR SALE

Sutton Place Condos 388 Ocean Ave N Unit 1C Long Branch, NJ 07740

Estimated Value: $1,039,000 - $1,273,000

2 Beds
2 Baths
1,600 Sq Ft
$532/mo HOA Fee

Last Sold August 25, 2021

Last sale price $850,000 $531 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,692/month

135 Days on Market

Highlights

  • Beach Front
  • Oceanside
  • Terrace
  • Ocean View
  • Marble Flooring
  • Balcony

About This Home

As of August 2021

Beachfront lifestyle is yours steps to the sand & surf in the quiet north end of Long Branch. This retreat features an open floor plan with unobstructed ocean views, spacious terrace, 2 bedrooms, 2 baths, a cook's kitchen full size washer/dryer, &comfortable radiant heat. Sutton Place is a well managed boutique building with 24 units offering individual garages with loft storage and additional parking: A gated yard leads to the beach. East of Ocean Boulevard and convenient to Pier Village shops and dining, 7 Presidents Park, ferrys and trains to NYC. Furnishings are available to give you that turn key summer at the shore.

Last Agent to Sell the Property

Marianne Schell

Patrick Parker Realty Listed on: 08/11/2021

Last Buyer's Agent

Chris Katz

RE/MAX Synergy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,728

Year Built

  • Built in 1988

Lot Details

  • 5,663

HOA Fees

  • $532 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Guest Parking
  • Visitor Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Blinds
  • Sliding Doors
  • Marble Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Oceanside
  • Balcony
  • Terrace

Schools

  • Long Branch Middle School

Utilities

  • Central Air
  • Radiant Heating System
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Beach Front
  • Lower Level

Listing and Financial Details

  • Assessor Parcel Number 27-00425-0000-00011-103

Community Details

Overview

  • Association fees include common area, exterior maint
  • 24 Units
  • Sutton Place Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,728

Year Built

Built in 1988

Lot Details

0

HOA Fees

$532 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Beachfront, Oceanside
  • Reso View: Waterview
  • Reso Association Fee Includes: Common Area, Exterior Maint
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Self/Con Clean, Refrigerator, Garbage Disposal, Garage Door Opener
  • Subdivision Name: Sutton Place
  • Architectural Style: Lower Level, Detached, One Level Unit
  • Reso Flooring: Marble
  • New Construction: No
  • Year Built: 1988
  • Contract Info List PriceSqFt: 543.13
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Exterior Terrace: Yes
  • General Property Info Acreage: 0.13
  • General Property Info Lot Dimensions: 55 x 100
  • General Property Info Farm: No
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Included Window Treatments: Yes
  • Included SelfCon Clean: Yes
  • Included Garbage Disposal: Yes
  • Garage Storage Above: Yes
  • General Property Info # UnitsBldgs: 24.0
  • Parking Visitor: Yes
  • Foyer Floor - Marble: Yes
  • Floors Marble: Yes
  • SidingStucco: Yes
  • Dining Room Floor - Marble5: Yes
  • Kitchen Floor - Marble7: Yes
  • Style Lower Level: Yes
  • Lot Description Beachfront2: Yes
  • Living Room Floor - Marble6: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Main Level Bathrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Floor - Marble3: Yes

Exterior Features

  • Roof: Other
  • Acres: 0.13
  • Waterfront Features: Ocean Front, Oceanview
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Terrace

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Storage Above, Assigned, Guest
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Assigned: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association Fee: 532.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 55 x 100
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 27-00425-0000-00011-103
  • Zoning Description: {"Condo":true}

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12728.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Aug 24, 2021
Sold by
Craig David and Craig Jody
Bought by
Shah Sandhya and Shah Rajan
Seller's Agent
Marianne Schell
Patrick Parker Realty
Buyer's Agent
Chris Katz
RE/MAX Synergy
List Price
$869,000
Sold Price
$850,000
Premium/Discount to List
-$19,000
-2.19%
Current Estimated Value
$1,148,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,872
Avg. Annual Appreciation
7.33%

Purchase Details

Listed on
Mar 5, 2019
Closed on
May 2, 2019
Sold by
Jones Roger and Jones Jesemine
Bought by
Craig David and Craig Jody
Seller's Agent
Patrick Butera
RE/MAX Paradigm Realty Group
Buyer's Agent
Marianne Schell
Sitar Realty Company
Sold Price
$789,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%

Purchase Details

Closed on
Oct 3, 2012
Sold by
Jones Roger and Bricker Jesemine
Bought by
Jones Roger and Jones Jesemine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2003
Sold by
Mcglotten Emma
Bought by
Jones Roger and Bricker Jesemine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,600
Interest Rate
5.67%

Purchase Details

Closed on
Oct 2, 1998
Sold by
Mazziotta Natale
Bought by
Mcglotten James and Mcglotten Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.89%
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
Shah Sandhya $850,000 Angel Title And Abstract Inc
Craig David $789,000 None Available
Jones Roger -- None Available
Jones Roger $427,000 --
Mcglotten James $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Roger $305,000
Previous Owner Jones Roger $341,600
Previous Owner Mcglotten James $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2021 08/25/21 Sold $850,000 -2.2% $531 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
07/26/2021 07/26/21 Price Changed $869,000 0.0% $543 / Sq Ft
07/26/2021 07/26/21 For Sale $869,000 +2.2% $543 / Sq Ft
07/09/2021 07/09/21 Off Market $850,000 -- --
04/28/2021 04/28/21 Price Changed $899,000 -10.0% $562 / Sq Ft
04/07/2021 04/07/21 For Sale $999,000 +26.6% $624 / Sq Ft
05/02/2019 05/02/19 Sold $789,000 -- $493 / Sq Ft View Prior Sale
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
2025 $13,337 $873,000 $510,000 $363,000
2024 $13,213 $867,700 $495,000 $372,700
2023 $13,213 $850,800 $495,000 $355,800
2022 $14,299 $778,400 $465,000 $313,400
2021 $14,299 $714,600 $455,000 $259,600
2020 $14,486 $693,100 $435,000 $258,100
2019 $12,845 $611,100 $365,000 $246,100
2018 $12,728 $602,100 $365,000 $237,100
2017 $12,317 $597,600 $365,000 $232,600
2016 $13,149 $600,000 $424,000 $176,000
2015 $11,171 $501,600 $275,000 $226,600
2014 $10,142 $480,000 $144,000 $336,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Marianne Schell

    Patrick Parker Realty

    Section Image

  • C

    Buyer's Agent in 2021

    Chris Katz

    RE/MAX

  • P

    Seller's Agent in 2019

    Patrick Butera

    RE/MAX

See All Agents

About Sutton Place Condos

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22109085

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00425-0000-00011-103

New Jersey Monmouth County Long Branch 07740

388 Ocean Ave N Unit 1C, Long Branch, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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