NOT LISTED FOR SALE

Sutton Place Condos 388 Ocean Ave N Unit 4A Long Branch, NJ 07740

Estimated Value: $995,815 - $1,139,000

3 Beds
2 Baths
1,800 Sq Ft
1989 Built

Last Sold December 20, 2012

Last sale price $500,000 $278 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $6,926/month

Highlights

  • Beach Front
  • Basketball Court
  • Wood Flooring
  • Ocean View
  • New Kitchen
  • Furnished

About This Home

As of November 2023

Beautifully renovated direct oceanfront condo with panoramic views is available for rent for the 1st time! features 3 spacious bedrooms and 2 new baths, hardwood floors, new kitchen, views from most rooms, laundry room and large terrace overlooking the ocean. Sutton Place allows annual rentals only and NO PETS. 1 car garage is being used as a gym. There is one assigned parking spot and guest parking is available. Renting fully furnished.

Last Agent to Rent the Property

Kelly Zaccaro

Heritage House Sotheby's International Realty License #9232609 Listed on: 10/09/2023

Heritage House Sotheby's International Realty

Last Renter's Agent

Amy Neff

Prive` Haus LLC License #2298889

Prive` Haus LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,919

Year Built

  • Built in 1989

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Basketball Court
  • Balcony
  • Terrace

Schools

  • Long Branch Middle School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Beach Front

Listing and Financial Details

  • Security Deposit $8,100
  • Property Available on 10/6/23
  • Assessor Parcel Number 27-00425-0000-00011-404

Community Details

Overview

  • High-Rise Condominium
  • Sutton Place Subdivision

Additional Features

  • Elevator
  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$13,919

Year Built

Built in 1989

Lot Details

0

Parking

1

Rental Info

  • Furnished: Yes, Furnished
  • Available Date: 2023-10-06

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Reso View: Waterview
  • Inclusions: Washer, Stove, Ceiling Fan(s), Microwave, Refrigerator, Dishwasher, Dryer, Electric Cooking, Garage Door Opener
  • Subdivision Name: Sutton Place
  • Architectural Style: High Rise
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Balcony
  • Year Built: 1989
  • Contract Info List PriceSqFt: 3.06
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Controlled Access2: Yes
  • Exterior Terrace: Yes
  • Location Middle School: Long Branch
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: Yes
  • Interior Balcony: Yes
  • Included Electric Cooking: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen BnookDining Area: Yes
  • Contract Info Available Date: 2023-10-06
  • Maintenance Fees Security Deposit3: 8100.0
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 1
  • Furnished Full2: Yes
  • Furnished Yes: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Common Elements Elevator3: Yes
  • Style High Rise: Yes
  • Exterior Oceanfront3: Yes
  • Exterior Beachfront3: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Interior:Sliding Doors: Yes

Exterior Features

  • Waterfront Features: Ocean Front, Oceanview
  • Waterfront: Yes
  • Exterior Features: Oceanfront, Basketball Court
  • Patio And Porch Features: Terrace

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Guest, Detached
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Assigned2: Yes
  • Parking Guest: Yes

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00425-0000-00011-404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2019
Sold by
Machado Isabel and Machado Antonio
Bought by
Hover Michael and Hover Denise
Current Estimated Value
$1,095,204

Purchase Details

Closed on
Jun 30, 2015
Sold by
Wolf Steven D
Bought by
Machado Isabel and Machado Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2008
Sold by
Chan Keith W Y
Bought by
Wolf Steven D

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
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2000
Sold by
Scarantino Annette
Bought by
Chan Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hover Michael $999,999 Premier Abstract & Ttl Agcy
Machado Isabel $770,000 Acres Land Title Agency Llc
Wolf Steven D $665,000 Red Bank Title Agency Inc
Chan Keith $272,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Machado Isabel $577,500
Previous Owner Wolf Steven D $417,000
Previous Owner Chan Keith $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2023 11/01/23 Rented $138,000 +2409.1% --
10/17/2023 10/17/23 Under Contract -- -- --
10/09/2023 10/09/23 For Rent $5,500 -91.4% --
10/02/2022 10/02/22 Under Contract -- -- --
10/01/2022 10/01/22 Rented $63,600 +1077.8% --
08/31/2022 08/31/22 For Rent $5,400 0.0% --
12/20/2012 12/20/12 Sold $500,000 -- $278 / 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 $13,919 $939,300 $510,000 $429,300
2024 $13,775 $905,600 $495,000 $410,600
2023 $13,775 $887,000 $495,000 $392,000
2022 $15,566 $810,300 $465,000 $345,300
2021 $15,566 $777,900 $455,000 $322,900
2020 $15,800 $756,000 $435,000 $321,000
2019 $14,735 $701,000 $430,000 $271,000
2018 $14,610 $691,100 $430,000 $261,100
2017 $14,141 $686,100 $430,000 $256,100
2016 $14,683 $726,500 $477,000 $249,500
2015 $11,681 $524,500 $275,000 $249,500
2014 $11,410 $540,000 $162,000 $378,000
Source: Public Records

Agents Affiliated with this Home

  • Kelly Zaccaro

    Landlord's Agent in 2023

    Kelly Zaccaro

    Heritage House Sotheby's International Realty

    (732) 530-2911

    1 in this area

    149 Total Sales

    Kelly Zaccaro
    Section Image

  • A

    Tenant's Agent in 2023

    Amy Neff

    Prive` Haus LLC

    (908) 309-5820

    20 Total Sales

    Amy Neff
    Section Image

  • T

    Buyer's Agent in 2022

    Tracey Schuelzky

    Berkshire Hathaway HomeServices New Jersey Properties

  • R

    Seller's Agent in 2012

    Roksana Bedrij

    Berkshire Hathaway HomeServices New Jersey Properties

  • R

    Seller Co-Listing Agent in 2012

    Richard Martel

    Berkshire Hathaway HomeServices New Jersey Properties

See All Agents

About Sutton Place Condos

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22328176

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00425-0000-00011-404

New Jersey Monmouth County Long Branch 07740

388 Ocean Ave N Unit 4A, 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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