NOT LISTED FOR SALE

398 Exchange Place Long Branch, NJ 07740

Estimated Value: $467,000 - $558,000

3 Beds
2 Baths
1,040 Sq Ft
$484/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $300,000 $288 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,114/month

12 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Oversized Parking
  • No HOA
  • 1 Car Detached Garage
  • Brick Veneer

About This Home

As of November 2020

Super Clean and ready for new owner! Nice 3 bedroom 2 bath ranch located on quiet street approxiamtely a mile to beach and Pier Village! Fresh paint and newly redone hardwood floors throughout. High ceilings in LR, Kitchen and 2 bedrooms. Office or sitting room with laminate hardwood floors. Full walk-out basement partially finished, nice fenced in yard and oversized 1 car garage. With walkout basement has the possibility of being a mother/daughter. Central AC and forced hot air. Pull down attic stairs for extra storage. Furnace and AC replaced in 2018 or 2019. Replacement windows throughout. Older roof but in good shape and hot water heater replaced in 2015. Close to town, beach and train for NYC commuter. Affordable price in Long Branch! Great price for a move-in ready house.

Last Agent to Sell the Property

Kathryn O'Donnell

Preferred Properties Real Estate License #0338198 Listed on: 09/21/2020

Last Buyer's Agent

Rebeca Gurgel

EXP Realty License #1860536

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,341

Year Built

  • Built in 1907

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Parking Available
  • Driveway

Home Design

  • Brick Veneer
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Home Office
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Long Branch Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-00178-0000-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,341

Year Built

Built in 1907

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Refrigerator
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch
  • Reso Flooring: Cement
  • Reso Interior Features: Attic - Pull Down Stairs
  • Year Built: 1907
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Long Branch
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Siding Brick Veneer: Yes
  • Foyer Floor - Wood: Yes
  • Parking Concrete: Yes
  • Style Ranch: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partially Finished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Office2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Brick Veneer
  • Exterior Features: Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 27-00178-0000-00020
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4341.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Nov 19, 2020
Sold by
Ankola Anita and Estate Of Anand Devidas
Bought by
Pereira Deborah D and Pereira Francismar
Seller's Agent
Kathryn O'Donnell
Preferred Properties Real Estate
Buyer's Agent
Rebeca Gurgel
EXP Realty
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%
Total Days on Market
12
Current Estimated Value
$503,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,548
Avg. Annual Appreciation
12.06%
Original Mortgage
$240,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2018
Sold by
Ramirez Efigenia and Wells Fargo Bank Na
Bought by
Ankola Anand

Purchase Details

Closed on
Oct 10, 2006
Sold by
Ramirez Marino
Bought by
Ramirez Efigenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,100
Interest Rate
6.47%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 13, 2004
Sold by
Ragusa Gary
Bought by
Ramirez Marino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,050
Interest Rate
5.65%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 2003
Sold by
Faustino Sergio
Bought by
Ragusa Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
6.22%

Purchase Details

Closed on
Feb 28, 2002
Sold by
Moreira Mario
Bought by
Faustino Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,024
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 2000
Sold by
Deiters Catherine
Bought by
Moreira Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.76%
Source: Public Records

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Range of Values:

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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
Pereira Deborah D $300,000 Quality Ttl & Abstract Agcy
Ankola Anand $173,000 None Available
Ramirez Efigenia $300,000 --
Ramirez Marino $232,500 --
Ragusa Gary $189,900 --
Faustino Sergio $147,300 --
Moreira Mario $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pereira Deborah D $402,500
Previous Owner Pereira Deborah D $240,000
Previous Owner Ramirez Efigenia $247,100
Previous Owner Ramirez Marino $224,050
Previous Owner Ragusa Gary $151,900
Previous Owner Faustino Sergio $145,024
Previous Owner Moreira Mario $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $300,000 -14.0% $288 / Sq Ft
09/21/2020 09/21/20 For Sale $349,000 0.0% $336 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $349,000 -- $336 / 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
2024 $5,308 $399,600 $227,600 $172,000
2023 $5,308 $341,800 $177,600 $164,200
2022 $4,634 $264,300 $119,600 $144,700
2021 $4,634 $231,600 $99,600 $132,000
2020 $4,414 $211,200 $88,600 $122,600
2019 $4,341 $206,500 $89,600 $116,900
2018 $4,275 $202,200 $89,600 $112,600
2017 $4,124 $200,100 $89,600 $110,500
2016 $4,086 $202,200 $94,600 $107,600
2015 $4,723 $212,100 $96,500 $115,600
2014 $4,454 $210,800 $108,200 $102,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22029585

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00178-0000-00020