NOT LISTED FOR SALE

40 W Point Pleasant Ave Ocean Gate, NJ 08740

Estimated Value: $468,000 - $527,635

4 Beds
2 Baths
1,712 Sq Ft
$296/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $230,000 $134 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,404/month

9 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Recessed Lighting
  • Wood Flooring
  • Screened Porch
  • Forced Air Heating and Cooling System

About This Home

As of October 2017

Walk to the beach from this totally renovated 4 bedroom Cape Cod. Beautiful new kitchen with granite countertops and full ss appliance package, 2 new tiled bathrooms, Bonus room on 1st floor plus 4 bedrooms. Detached garage, hardwood floors, and a large enclosed front porch. Don't miss out on this charming Cape Cod.

Last Agent to Sell the Property

Vivian Lange

RE/MAX at Barnegat Bay License #8536607 Listed on: 08/30/2017

RE/MAX at Barnegat Bay

Last Buyer's Agent

Anne Kruysman

Pacesetter Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,252

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 60 x 100
  • Fenced

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1,712 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Screened Porch
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Central Reg Middle School
  • Central Regional High 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 22-00010-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,252

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Flooring: Tile, W/W Carpet, Wood
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1960
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Central Reg Middle
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Style Cape: Yes
  • Exterior Porch - Screened: Yes
  • Floors Tile: Yes
  • Siding Wood2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Waterfront: No
  • Exterior Features: Porch - Open, Porch - Screened

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: 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

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 60 x 100
  • Parcel #: 22-00010-0000-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4252.0

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Oct 2, 2017
Sold by
Bnsr Realty Llc
Bought by
Foster Heather
Seller's Agent
Vivian Lange
RE/MAX at Barnegat Bay
Buyer's Agent
Anne Kruysman
Pacesetter Realty
Sold Price
$230,000
Current Estimated Value
$507,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,159
Avg. Annual Appreciation
10.82%
Original Mortgage
$184,000
Outstanding Balance
$155,368
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$351,791

Purchase Details

Listed on
Nov 2, 2016
Closed on
Feb 23, 2017
Sold by
Parkway Group Llc
Bought by
Bnsr Realty Llc
Seller's Agent
Heather Rayhon
Home Alliance Realty, LLC
Buyer's Agent
Michele DeVito
Keller Williams Shore Properties
Sold Price
$100,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
233.89%
Original Mortgage
$165,000
Interest Rate
4.09%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 2, 2016
Closed on
Jan 11, 2017
Sold by
Retained Realty Inc
Bought by
Parkway Group Llc
Seller's Agent
Heather Rayhon
Home Alliance Realty, LLC
Buyer's Agent
Michele DeVito
Keller Williams Shore Properties
Sold Price
$100,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 28, 2014
Sold by
Giglio Randolph A and Giglio Athena
Bought by
Retained Realty Inc

Purchase Details

Closed on
Jun 19, 2006
Sold by
Gavallas George and Gavallas Catherine
Bought by
Giglio Randy and Giglio Athena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
11.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 14, 2005
Sold by
Gavallas George and Gavallas Catherine
Bought by
Gavallas George and Gavallas Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 21, 2001
Sold by
Giglio Susan
Bought by
Gavallas George and Gavallas Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.08%

Purchase Details

Closed on
Oct 6, 1999
Sold by
Consolidated Homes Ventures Llc
Bought by
Gigilo Susan and Wessner Charles T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
10.5%

Purchase Details

Closed on
Apr 15, 1999
Sold by
Affordable Homes 4 U
Bought by
Consolidated Home Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.92%

Purchase Details

Closed on
Apr 9, 1999
Sold by
Hud
Bought by
Affordabel Homes 4U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.92%

Purchase Details

Closed on
Dec 29, 1998
Sold by
Obrien Donna L and Mitchell Donna L
Bought by
Hud
Source: Public Records

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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
Foster Heather $230,000 --
Bnsr Realty Llc $160,000 First American Title
Parkway Group Llc $100,101 --
Retained Realty Inc -- None Available
Giglio Randy -- Old Republic National Title
Gavallas George -- Old Republic National Title
Gavallas George $150,000 --
Gigilo Susan $116,000 Fidelity National Title Ins
Consolidated Home Ventures Llc -- Fidelity National Title Ins
Affordabel Homes 4U $56,500 --
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Heather $184,000
Previous Owner Bnsr Realty Llc $165,000
Previous Owner Giglio Randolph A $175,000
Previous Owner Gavallas George $150,000
Previous Owner Gavallas George $110,000
Previous Owner Gigilo Susan $104,400
Previous Owner Consolidated Home Ventures Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2017 10/10/17 Sold $230,000 +129.8% $134 / Sq Ft
01/31/2017 01/31/17 Sold $100,101 0.0% $58 / Sq Ft
01/31/2017 01/31/17 Sold $100,101 -54.5% $58 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
04/08/2015 04/08/15 For Sale $219,900 -- $128 / 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 $6,932 $450,000 $180,000 $270,000
2023 $6,385 $229,600 $66,500 $163,100
2022 $6,385 $229,600 $66,500 $163,100
2021 $6,112 $229,600 $66,500 $163,100
2020 $6,160 $229,600 $66,500 $163,100
2019 $6,011 $229,600 $66,500 $163,100
2018 $4,319 $170,900 $66,500 $104,400
2017 $4,286 $170,900 $66,500 $104,400
2016 $4,252 $170,900 $66,500 $104,400
2015 $4,749 $233,000 $115,000 $118,000
2014 $4,770 $233,000 $115,000 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21715821

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00010-0000-00003