NOT LISTED FOR SALE

Sutton Place Condos 388 Ocean Ave N Unit 2A Long Branch, NJ 07740

Estimated Value: $1,029,172 - $1,267,000

2 Beds
2 Baths
1,700 Sq Ft
$528/mo HOA Fee

Last Sold May 31, 2019

Last sale price $705,000 $415 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,532/month

12 Days on Market

Highlights

  • Beach Front
  • Oceanside
  • Balcony
  • Ocean View
  • Den
  • Oversized Lot

About This Home

As of May 2019

Live the oceanfront dream in sought after Sutton Place. Conveniently situated between quaint Monmouth Beach and lively Pier Village. Easy access to local trains, buses and Sea Streak Ferry. This spacious 2BR, 2BA corner unit with northeast exposures provides breathtaking panoramic ocean views as far as the eyes can see, with semi-private elevator access. Get inspired as you awake to a glorious sunrise on the horizon. An open floor plan with a spacious kitchen & living room provides the perfect space for entertaining. After your day's activities, unwind on your secluded balcony, breathing in the crisp ocean breeze while enjoying the ocean surf crashing on the shore. It doesn't get much better than this. Simply Spectacular! * All SF /room sizes are approximate.

Last Agent to Sell the Property

Tracey Schuelzky

Heritage House Sotheby's International Realty License #1644373 Listed on: 04/05/2019

Heritage House Sotheby's International Realty

Last Buyer's Agent

Tracey Schuelzky

Berkshire Hathaway HomeServices New Jersey Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,721

Lot Details

  • Beach Front
  • Fenced
  • Landscaped

HOA Fees

  • $528 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway
  • Visitor Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Mid Level
  • Flat Roof Shape
  • Rubber Roof
  • Stucco Exterior

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Light Fixtures
  • Thermal Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Living Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Cooktop
  • Stove
  • Portable Range
  • Range Hood
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer

Home Security

Outdoor Features

  • Oceanside
  • Balcony
  • Exterior Lighting

Schools

  • Long Branch Middle School

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00425-0000-00011-201

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, mgmt fees, snow removal, water
  • 24 Units
  • Sutton Place Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Snow Removal

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,721

Lot Details

0

HOA Fees

$528 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Ocean Block, Beachfront, Oceanfront, Oceanside, Oversized
  • Reso Association Amenities: Professional Management, Controlled Access, Association, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Mgmt Fees, Snow Removal, Water
  • Inclusions: Timer Thermostat, Blinds/Shades, Counter Top Range, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Self/Con Clean, Stove, Stove Hood, Refrigerator, Screens, Garage Door Opener
  • Subdivision Name: Sutton Place
  • Architectural Style: Detached, Middle Level, One Level Unit, Condo
  • Reso Flooring: Ceramic Tile, W/W Carpet
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 1st Flr, Sliding Door, Recessed Lighting
  • New Construction: No
  • ResoWindowFeatures: Insulated Windows, Windows: Low-e Window Coating
  • Contract Info List PriceSqFt: 405.29
  • 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 Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Controlled Access2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Lot Description Oceanfront2: Yes
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Exterior Thermal Window: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Exterior Storm Door(s): Yes
  • Common Elements Landscaping: Yes
  • Kitchen Ceramic Tile3: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Eat-In: Yes
  • Garage Oversized: Yes
  • Parking Oversized2: Yes
  • Living Room Sliding Door2: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Included Counter Top Range: Yes
  • Garage Storage Above: Yes
  • General Property Info # UnitsBldgs: 24.0
  • Parking Visitor: Yes
  • Allowable Elevator4: Yes
  • Water Type Beachfront: Yes
  • Siding Stucco - Cement: Yes
  • Foyer Floor - WW Carpet: Yes
  • Roof Rubber Roll: Yes
  • Lot Description Beachfront2: Yes
  • Energy Features:Storm Doors: Yes
  • Energy Features Storm Windows: Yes
  • Energy Features Insulated Doors: Yes
  • Energy Features Windows Low-e Window Coating: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Other Rooms:Foyer: Yes
  • BasementOther: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Other - See Remarks, Rubber, Flat
  • Waterfront Features: Beachfront, Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Exclusions: PERSONAL PROPERTY
  • Construction Type: Stucco
  • Exterior Features: Balcony, Fence, Shared Storage, Storm Door(s), Storm Window, Thermal Window, Other, Lighting
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Open, Asphalt, Assigned, Driveway, Off Street, Visitor, Oversized, Storage
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Open: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 527.63
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00425-0000-00011-201
  • Zoning Description: Residential

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 13721.0

Multi Family

  • Number Of Units Total: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
May 31, 2019
Sold by
Liu Changeling Charlotte
Bought by
Brennan John and Bauri Jean
Seller's Agent
Tracey Schuelzky
Heritage House Sotheby's International Realty
Buyer's Agent
Tracey Schuelzky
Berkshire Hathaway HomeServices New Jersey Properties
Sold Price
$705,000
Current Estimated Value
$1,125,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,543
Avg. Annual Appreciation
7.46%
Original Mortgage
$551,200
Outstanding Balance
$362,599
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$762,944

Purchase Details

Closed on
Dec 9, 2009
Sold by
Terry Beth and Rubenstein Laurence
Bought by
Liu Changching Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.85%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 31, 2000
Sold by
Mccollum Warren
Bought by
Rubenstein Laurence

Purchase Details

Closed on
May 16, 1996
Sold by
Amato Joseph
Bought by
Warren Mc Collum and Cohen Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
8.01%
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
Brennan John $705,000 Empire Ttl & Abstract Agcy L
Liu Changching Charlotte $625,000 Old Republic National Title
Rubenstein Laurence $222,000 --
Warren Mc Collum $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brennan John $551,200
Previous Owner Liu Changching Charlotte $250,000
Previous Owner Warren Mc Collum $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $705,000 0.0% $415 / Sq Ft
05/01/2018 05/01/18 Rented $37,200 -- --
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 $12,938 $844,500 $510,000 $334,500
2024 $12,829 $841,800 $495,000 $346,800
2023 $12,829 $826,100 $495,000 $331,100
2022 $14,561 $756,700 $465,000 $291,700
2021 $14,561 $727,700 $455,000 $272,700
2020 $14,760 $706,200 $435,000 $271,200
2019 $13,844 $658,600 $400,000 $258,600
2018 $13,722 $649,100 $400,000 $249,100
2017 $13,281 $644,400 $400,000 $244,400
2016 $13,917 $688,600 $450,500 $238,100
2015 $11,427 $513,100 $275,000 $238,100
2014 $10,776 $510,000 $153,000 $357,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tracey Schuelzky

    Heritage House Sotheby's International Realty

    (973) 508-9736

    7 in this area

    32 Total Sales

    Tracey Schuelzky
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About Sutton Place Condos

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21914085

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00425-0000-00011-201

New Jersey Monmouth County Long Branch 07740

388 Ocean Ave N Unit 2A, 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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