$100,101
SOLD JAN 31, 2017

40 W Point Pleasant Ave Ocean Gate, NJ 08740

4 Beds
2 Baths
1,712 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

54% Below List Price

611 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • No HOA
  • Cape Cod Architecture
  • Main Floor Bedroom
  • 2 Car Detached Garage

About This Home

As of October 2017

POTENTIAL GALORE - SPACIOUS Cape Cod in desireable OCEAN GATE - just blocks from beaches/schools! 4 Bedrooms - 2 FULL Bathrooms - Bonus Room on 1st level (ideal for office/den) - LARGE Living Room opens to Eat-In Kitchen area -Sliders off Kitchen leads to multi-level wood deck & above ground pool. 2 Car Detached Garage & driveway offers ample off road parking! Enclosed oversized front porch with separate room which has laundry hook up. Being sold in "AS IS" condition. Cash or Renovation Financing Only.

Last Agent to Sell the Property

Heather Rayhon

RE/MAX First Realty Listed on: 04/08/2015

RE/MAX First Realty

Co-Listed By

Lisa G Lopez

Home Alliance Realty License #9481119

Last Buyer's Agent

Michele DeVito

Keller Williams Realty - Atlantic Shore

Keller Williams Realty - Atlantic Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,770

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x100

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 1,712 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Sliding Doors
  • Living Room
  • Crawl Space

Flooring

  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Above Ground Pool
  • Deck
  • Porch

Utilities

  • Central Air
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ocean Gate Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 22-00010-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,770

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Remarks Public: POTENTIAL GALORE - SPACIOUS Cape Cod in desireable OCEAN GATE - just blocks from beaches/schools! 4 Bedrooms - 2 FULL Bathrooms - Bonus Room on 1st level (ideal for office/den) - LARGE Living Room opens to Eat-In Kitchen area -Sliders off Kitchen leads to multi-level wood deck & above ground pool. 2 Car Detached Garage & driveway offers ample off road parking! Enclosed oversized front porch with separate room which has laundry hook up. Being sold in "AS IS" condition. Cash or Renovation Financing Only.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Tile/Brick, Vinyl
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Ceiling Fan(s), Recessed Lighting
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1712
  • Living Area Sq Ft: 1712
  • Price Per Sq Ft: 58.35
  • Above Grade Finished Sq Ft: 1712
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Pool Features: Above Ground
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CENTRAL REGIONAL SCHOOLS
  • School District Key: 300200396363

Lot Info

  • Improvement Assessed Value: 118000.00
  • Land Assessed Value: 115000.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60x100
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: R
  • Zoning Description: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3054850
  • Tax Annual Amount: 4770.00
  • Assessor Parcel Number: 22-00010-0000-00003
  • Tax Lot: 3
  • Tax Year: 2014
  • Close Date: 01/31/2017

MLS Schools

  • School District Name: CENTRAL REGIONAL SCHOOLS

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
$503,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,220
Avg. Annual Appreciation
10.70%
Original Mortgage
$184,000
Outstanding Balance
$155,368
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$347,852

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

Range of Values:

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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 Type Sale Price Title Company
Deed $230,000 --
Deed $160,000 First American Title
Deed $100,101 --
Sheriffs Deed -- None Available
Interfamily Deed Transfer -- Old Republic National Title
Interfamily Deed Transfer -- Old Republic National Title
Deed $150,000 --
Deed $116,000 Fidelity National Title Ins
Bargain Sale Deed -- Fidelity National Title Ins
Warranty Deed $56,500 --
Sheriffs Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,000 New Conventional
Previous Owner $165,000 Construction
Previous Owner $175,000 Unknown
Previous Owner $150,000 Fannie Mae Freddie Mac
Previous Owner $110,000 No Value Available
Previous Owner $104,400 No Value Available
Previous Owner $40,000 No Value Available
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: Bright MLS

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

  • Vivian Lange

    Seller's Agent in 2017

    Vivian Lange

    RE/MAX

    (609) 709-4758

    2 in this area

    324 Total Sales

    Vivian Lange
    Section Image
  • Heather Rayhon

    Seller's Agent in 2017

    Heather Rayhon

    Home Alliance Realty, LLC

    (732) 691-2414

    19 Total Sales

    Section Image
  • Lisa G Lopez

    Seller Co-Listing Agent in 2017

    Lisa G Lopez

    Home Alliance Realty

    (609) 384-5109

    215 Total Sales

    Lisa G Lopez
    Section Image

  • A

    Buyer's Agent in 2017

    Anne Kruysman

    Pacesetter Realty

  • Stina Kruysman

    Buyer's Agent in 2017

    Stina Kruysman

    Better Homes and Gardens Real Estate Murphy & Co

    (732) 267-5098

    1 in this area

    22 Total Sales

    Stina Kruysman
    Section Image

  • M

    Buyer's Agent in 2017

    Michele DeVito

    Keller Williams Shore Properties

See All Agents

Map

Source: Bright MLS

MLS Number: NJOC199950

Bright MLS

APN: 22-00010-0000-00003

New Jersey Ocean County Ocean Gate 08740

40 W Point Pleasant Ave, Ocean Gate, NJ

This home is located at 40 W Point Pleasant Ave, Ocean Gate, NJ 08740 and is currently priced at $100,101, approximately $58 per square foot. This property was built in 1960. 40 W Point Pleasant Ave is a home located in Ocean County with nearby schools including Ocean Gate Elementary School, Central Regional Middle School, and Central Regional High School.

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