NOT LISTED FOR SALE

400 Deal Lake Dr Unit S3 Asbury Park, NJ 07712

Estimated Value: $390,000 - $481,000

2 Beds
1 Bath
1,035 Sq Ft
$864/mo HOA Fee

Last Sold May 31, 2024

Last sale price $400,000 $386 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,761/month

59 Days on Market

Highlights

  • Waterfront
  • Stained Glass
  • Living Room
  • End Unit
  • Multiple cooling system units
  • Controlled Access

About This Home

As of May 2024

LOWEST PRICED 2 BEDROOM in ASBURY PARK!!! Experience coastal living at its finest in this spacious 1,000 plus sq ft 2 bed/1 bath ocean side condo located in the historic Santander Building in Asbury Park, NJ. Nestled just 2 blocks from the vibrant boardwalk and pristine beach, this private first-floor unit offers convenient access without the need for an elevator. This corner unit feels like you are not in an apt, but your own secluded single family via your private separate hall way breeze way entrance. Enjoy breathtaking views of Deal Lake from the comfort of your home, with large windows that flood the space with natural light. The condo features soaring ceilings. Live the beachside lifestyle you've always dreamed of, with Asbury Park's exciting offerings just steps away. Immerse yourself in the local culture by exploring the nearby shops, restaurants, galleries, and entertainment options. Whether you're seeking a relaxing day by the ocean or a night out on the town, this condo provides the perfect retreat to call home. Don't miss the opportunity to make this ocean side haven yours and embrace the charm of Asbury Park living. Schedule a viewing today and envision a life of coastal elegance and urban excitement. Seller motivated so all decent offers will be seriously considered.

Last Agent to Sell the Property

Sonja O'Brien

O'Brien Realty, LLC License #9592556 Listed on: 01/26/2024

Last Buyer's Agent

Sonja O'Brien

O'Brien Realty, LLC License #9592556 Listed on: 01/26/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,641

Year Built

  • Built in 1920

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $864 Monthly HOA Fees

Home Design

  • Rubber Roof

Interior Spaces

  • 1,035 Sq Ft Home
  • 1-Story Property
  • Stained Glass
  • Entrance Foyer
  • Living Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Home Security System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Lower Level

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Tenant's personal belongings. NOTE: hallway light, bathroom light and a/c units belong to tenants
  • Assessor Parcel Number 04-03704-0000-00002-03-C0103

Community Details

Overview

  • High-Rise Condominium
  • Santander Subdivision

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,641

Year Built

Built in 1920

Lot Details

0

HOA Fees

$864 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: Santander
  • Architectural Style: Lower Level, End Unit, High Rise
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Controlled Access: Yes
  • General Property Info Farm: No
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Cooling Multi Units: Yes
  • Style End Unit: Yes
  • Exterior Security System3: Yes
  • Exterior Stained Glass: Yes
  • Style Lower Level: Yes
  • Roof Rubber Roll: Yes
  • Style High Rise: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Foyer: Yes

Exterior Features

  • Roof: Rubber
  • Waterfront: Yes
  • Exclusions: Tenant's personal belongings. NOTE: hallway light, bathroom light and a/c units belong to tenants
  • Exterior Features: Controlled Access, Security System, Stained Glass

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Steam, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Condo/Co-op/Association

  • Association Fee: 863.69
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 04-03704-0000-00002-03-C0103

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5641.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
May 29, 2024
Sold by
Aldestein Asbury S3 Llc
Bought by
Kimbrough Philip and Kimbrough Rise
Seller's Agent
Sonja O'Brien
O'Brien Realty, LLC
Buyer's Agent
Sonja O'Brien
O'Brien Realty, LLC
List Price
$434,900
Sold Price
$400,000
Premium/Discount to List
-$34,900
-8.02%
Views
158
Current Estimated Value
$445,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,328
Avg. Annual Appreciation
9.04%
Original Mortgage
$200,000
Outstanding Balance
$197,661
Interest Rate
7.1%
Mortgage Type
Seller Take Back
Estimated Equity
$247,667

Purchase Details

Listed on
Jun 13, 2022
Closed on
Nov 7, 2022
Sold by
Aghbolaghi Shahnt
Bought by
Aldestein Asbury S3 Llc
Seller's Agent
John Loffredo
Jack Green Realty
Buyer's Agent
Sonja O'Brien
Berkshire Hathaway HomeServices Signature Properties
List Price
$430,000
Sold Price
$355,000
Premium/Discount to List
-$75,000
-17.44%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%

Purchase Details

Listed on
Mar 18, 2015
Closed on
Mar 2, 2015
Sold by
Gray Richard H and Gray Nancy L
Bought by
Aghbolaghi Shahnt
Seller's Agent
John Loffredo
Jack Green Realty
Buyer's Agent
Janet Stephens
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Sold Price
$1,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Source: Public Records

Range of Values:

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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
Kimbrough Philip $400,000 Old Republic National Title In
Aldestein Asbury S3 Llc $355,000 Old Republic Title
Aghbolaghi Shahnt $180,000 Coastal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimbrough Philip $200,000
Previous Owner Gray Richard H $87,500
Previous Owner Gray Richard H $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $400,000 -3.6% $386 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/13/2024 03/13/24 Price Changed $414,900 -2.4% $401 / Sq Ft
02/26/2024 02/26/24 Price Changed $424,900 -1.0% $411 / Sq Ft
02/13/2024 02/13/24 Price Changed $429,000 -1.4% $414 / Sq Ft
01/26/2024 01/26/24 For Sale $434,900 +22.5% $420 / Sq Ft
11/07/2022 11/07/22 Sold $355,000 -2.7% $343 / Sq Ft
09/02/2022 09/02/22 Price Changed $365,000 -8.7% $353 / Sq Ft
07/12/2022 07/12/22 Price Changed $399,900 -7.0% $386 / Sq Ft
06/13/2022 06/13/22 For Sale $430,000 0.0% $415 / Sq Ft
03/22/2017 03/22/17 Rented $22,800 +1166.7% --
05/01/2015 05/01/15 Rented $1,800 0.0% --
03/02/2015 03/02/15 Sold $180,000 -- $174 / 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 $5,641 $401,400 $120,400 $281,000
2023 $5,641 $364,900 $109,500 $255,400
2022 $4,359 $317,300 $95,200 $222,100
2021 $4,166 $275,900 $82,800 $193,100
2020 $4,178 $265,300 $79,600 $185,700
2019 $4,166 $252,500 $75,700 $176,800
2018 $3,881 $217,800 $65,300 $152,500
2017 $4,016 $193,100 $57,900 $135,200
2016 $3,821 $178,200 $53,500 $124,700
2015 $4,384 $198,000 $65,300 $132,700
2014 $4,505 $207,900 $68,600 $139,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22402341

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03704-0000-00002-03-C0103