$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

37 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • 2 Car Detached Garage
  • Cape Cod Architecture
  • No HOA
  • Porch

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

Home Alliance Realty, LLC Listed on: 11/02/2016

Home Alliance Realty, LLC

Last Buyer's Agent

Michele DeVito

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,749

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100

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
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Outdoor Features

  • Above Ground Pool
  • Deck
  • Porch

Schools

  • Central Regional High School

Utilities

  • Central Air
  • 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

$4,749

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Above Ground
  • Inclusions: Blinds/Shades, Ceiling Fan(s)
  • Subdivision Name: None
  • Architectural Style: Detached, Cape
  • New Construction: No
  • Year Built: 1960
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 60 x 100
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Ceiling Fan(s): Yes
  • Style Cape: Yes
  • ExteriorDeck: Yes
  • Water Heater Tank: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 7
  • Stories: 1
  • Basement:Crawl Space: Yes
  • OtherRoomsOther2: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exterior Features: Deck, Porch - Open

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Off Street, On Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:Pool Above Ground: Yes

Lot Info

  • Lot Dimensions: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 22-00010-0000-00003

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4749.0

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
10.54%
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: 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: 21641812

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00010-0000-00003