NOT LISTED FOR SALE

Estimated Value: $595,000 - $646,000

4 Beds
3 Baths
2,234 Sq Ft
$279/Sq Ft Est. Value

Last Sold November 03, 2022

Last sale price $510,000 $228 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,966/month

11 Days on Market

Highlights

  • Solar Power System
  • No HOA
  • Ceiling height of 9 feet on the upper level
  • Colonial Architecture
  • 2 Car Direct Access Garage
  • Tankless Water Heater

About This Home

As of November 2022

Why settle when you can have it all? Located centrally in the desirable ocean acres development, this spacious home is close to numerous schools, beaches & various amenities. While pulling into the large driveway, you'll notice the yard has been tastefully landscaped. It's also been fully equipped with a new irrigation system to keep your yard looking fresh during warmer months. Once inside, you're greeted with a freshly carpeted staircase. From where you're standing, there are two rooms within reach that could be an office, formal dining, playroom.. truly anything you desire. The freshly carpeted room to the left pours into another living area that can be utilized as you wish. The living area opens to a space for dining & a spacious kitchen with upgraded appliances and plenty of storage. The bottom floor also contains a full bathroom, a possible bedroom, laundry, and two car garage entry. Upstairs you'll find a large, master bedroom with high ceilings, and en-suite & full walk-in closet. Heading out of the master you'll find a loft area, two more bedrooms and a full bath. On top of all of this, there is full unfinished basement ready for you to make it yours. Also inside the basement you'll find a brand new tankless water heater as well as a meticulously maintained furnace. Now let's head outside to the backyard where you'll see a brand new vinyl fence holding in the beautifully landscaped yard. Plenty of room to add a pool or fire pit.. or whatever you need to make this your backyard oasis. Now that I've taken you on my virtual walkthrough in addition to the photos offered the only thing left is to check it out for yourself & make the move!

Last Agent to Sell the Property

Jackie LaBerge

RE/MAX of Long Beach Island License #2078594 Listed on: 09/08/2022

RE/MAX of Long Beach Island

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,520

Year Built

  • Built in 2002

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75 x 120
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2,234 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the upper level
  • Light Fixtures
  • Laminate Flooring
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Solar Power System

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Ocean Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31-00044-100-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,520

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dryer, Light Fixtures, Microwave, Stove, Refrigerator
  • Subdivision Name: Ocean Acres
  • Architectural Style: Colonial
  • Reso Interior Features: Ceilings - 9Ft+ 2nd Flr
  • New Construction: No
  • Green Power: Solar: Purchase Power Agreement
  • Year Built: 2002
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.21
  • General Property Info Lot Dimensions: 75 x 120
  • Location Middle School: Southern Reg
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Foyer Floor - Laminate: Yes
  • Exterior Solar Panels: Yes
  • Energy Features:Energy Appliances: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.21
  • Waterfront: No
  • Exterior Features: Sprinkler Under, Solar Panels

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: 75 x 120
  • Lot Size Sq Ft: 9147.6
  • Parcel #: 31-00044-100-00015
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6520.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 26, 2022
Sold by
Patel Tarulatta
Bought by
Patel Tarun and Patel Shushila
Seller's Agent
Jackie LaBerge
RE/MAX of Long Beach Island
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$499,999
Sold Price
$510,000
Premium/Discount to List
$10,001
2%
Views
71
Current Estimated Value
$622,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,375
Avg. Annual Appreciation
7.32%
Original Mortgage
$360,000
Outstanding Balance
$348,816
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$273,559

Purchase Details

Closed on
Oct 3, 2017
Sold by
Patel Balvant G
Bought by
Patel Rashmi K and Patel Tarulatta

Purchase Details

Closed on
Jan 31, 2002
Sold by
Lighthouse Development
Bought by
Patel Rashmi and Patel Taru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.04%
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
Patel Tarun $510,000 Stewart Title
Patel Rashmi K $119,000 Fidelity National Title
Patel Rashmi $213,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Tarun $360,000
Previous Owner Patel Rashmi K $280,000
Previous Owner Patel Rashmi K $126,100
Previous Owner Patel Rashmi K $68,000
Previous Owner Patel Rashmi K $47,700
Previous Owner Patel Rashmi $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $510,000 +2.0% $228 / Sq Ft
09/07/2022 09/07/22 For Sale $499,999 -- $224 / 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
2025 $6,972 $280,800 $55,400 $225,400
2024 $6,905 $280,800 $55,400 $225,400
2023 $6,610 $280,800 $55,400 $225,400
2022 $6,610 $280,800 $55,400 $225,400
2021 $6,520 $280,800 $55,400 $225,400
2020 $6,529 $280,800 $55,400 $225,400
2019 $6,436 $280,800 $55,400 $225,400
2018 $6,397 $280,800 $55,400 $225,400
2017 $6,591 $280,100 $61,600 $218,500
2016 $6,524 $280,100 $61,600 $218,500
2015 $6,294 $280,100 $61,600 $218,500
2014 $6,172 $271,300 $60,800 $210,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22228375

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00044-100-00015