NOT LISTED FOR SALE

Sutton Place Condos 388 Ocean Ave N Unit 3C Long Branch, NJ 07740

Estimated Value: $1,016,000 - $1,284,000

2 Beds
2 Baths
1,600 Sq Ft
3.46 Acres

Highlights

  • Ocean Front
  • Electric Baseboard Heater
  • High-Rise Condominium
  • 1 Car Detached Garage

About This Home

As of October 2015

Fabulous updated spacious condo with drop dead ocean views. Separate private garage with storage ready for immediate occupancy

Last Agent to Rent the Property

Sharon Umbs

Gloria Nilson & Co. Real Estate Listed on: 06/10/2015

Last Renter's Agent

John Castaldo

Weichert Realtors-Manalapan License #1220887

Weichert Realtors-Manalapan

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,109

Year Built

  • 1988

Lot Details

  • 3.46

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Long Branch Middle School

Additional Features

  • Ocean Front
  • Electric Baseboard Heater

Community Details

  • High-Rise Condominium
  • Sutton Place Subdivision

Listing and Financial Details

  • Property Available on 6/10/15

Condo Details

Home Type

Condominium

Est. Annual Taxes

$13,109

Year Built

1988

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2015-06-10

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Subdivision Name: Sutton Place
  • Architectural Style: High Rise
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Long Branch
  • Contract Info Available Date: 2015-06-10
  • Maintenance Fees Security Deposit3: 112.0
  • Lease Requirements Security Deposit4: Yes
  • Style High Rise: Yes
  • Special Features: None
  • Year Built: 1988

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Waterfront Features: Oceanfront
  • Waterfront: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric BB
  • HeatingYN: Yes
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2017
Sold by
388 Ocean Avenue Llc
Bought by
Pesce Alice and Pesce Robert
Current Estimated Value
$1,155,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$330,719
Interest Rate
4.15%
Estimated Equity
$824,618

Purchase Details

Listed on
Jun 10, 2015
Closed on
Oct 26, 2015
Sold by
Lenas Spyros and Lenas Feng Tin
Bought by
388 Ocean Ave Llc
Seller's Agent
Sharon Umbs
Gloria Nilson & Co. Real Estate
Buyer's Agent
John Castaldo
Weichert Realtors-Manalapan
Sold Price
$3,100

Purchase Details

Closed on
May 28, 2015
Sold by
Vernaci Louis A and Vernaci Bettyann
Bought by
Lenas Syros and Lenas Feng Tin

Purchase Details

Closed on
Dec 6, 2007
Sold by
Mattaliano Gerald and Mattaliano Mary C
Bought by
Vernaci Louis A and Vernaci Bettyann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2004
Sold by
Knudsen Thomas
Bought by
Mattaliano Gerald and Mattaliano Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Pesce Alice $730,000 --
388 Ocean Ave Llc -- Old Republic Natl Title Ins
Lenas Syros $650,000 True North Title Services
Vernaci Louis A $725,000 Multiple
Mattaliano Gerald $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pesce Alice $400,000
Closed Pesce Alice --
Previous Owner Vernaci Louis A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2015 10/26/15 Rented $3,100 -- --
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 $13,109 $857,000 $510,000 $347,000
2024 $12,672 $852,900 $495,000 $357,900
2023 $12,672 $816,000 $495,000 $321,000
2022 $14,300 $747,800 $465,000 $282,800
2021 $14,300 $719,400 $455,000 $264,400
2020 $14,586 $697,900 $435,000 $262,900
2019 $12,942 $615,700 $365,000 $250,700
2018 $12,821 $606,500 $365,000 $241,500
2017 $12,317 $597,600 $365,000 $232,600
2016 $13,149 $650,600 $424,000 $226,600
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

  • S

    Landlord's Agent in 2015

    Sharon Umbs

    BHHS Fox & Roach

  • J

    Tenant's Agent in 2015

    John Castaldo

    Weichert Realtors-Manalapan

    (908) 770-7588

    13 Total Sales

    John Castaldo
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About Sutton Place Condos

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21522699

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00425-0000-00011-303

New Jersey Monmouth County Long Branch 07740

388 Ocean Ave N Unit 3C, 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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