NOT LISTED FOR SALE

402 Cedar Ave Leonardo, NJ 07737

Estimated Value: $899,000 - $1,063,000

5 Beds
3 Baths
2,784 Sq Ft
$354/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $910,000 $327 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,122/month

7 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Custom Home
  • New Kitchen
  • Middletown - South High School Rated A-
  • Bayside
  • Deck

About This Home

As of June 2024

Indulge in a lifestyle beyond compare with this stunningly renovated home, meticulously redesigned since 2017. Enjoy mesmerizing waterviews from each of its three levels, where a gourmet kitchen awaits with resilient natural quartzite stone countertops, custom cabinets, under-mounted sinks, a sleek stainless steel appliance ensemble. Boasting five bedrooms and three full baths, this residence effortlessly caters to various living arrangements. The comprehensive renovations include solid doors, renewable, low-VOC fossilized wide-plank bamboo flooring which is elegantly installed throughout, updated water and sewer lines, electrical and plumbing systems, and energy-efficient LED lighting. Step outside onto the expansive AZEC multi-level decking, featuring a 42-inch railing system, where panoramic views await, ideal for basking in the sun and hosting outdoor gatherings. Enjoy the convenience of amenities such as the tankless hot water heater and HVAC system equipped with an electric air filtration system. Conveniently situated mere minutes away from two New York Fast Ferry services, as well as local beaches, shopping destinations, and dining establishments, this home promises to be the epicenter of your ideal lifestyle. Located within the prestigious Middletown High School South district, this home offers not just luxury but also access to exceptional educational opportunities.

Last Agent to Sell the Property

Kristina Mager

Coldwell Banker Realty License #0450320 Listed on: 05/02/2024

Coldwell Banker Realty

Last Buyer's Agent

David Parello

C/21 Action Plus Realty License #1537532

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,857

Year Built

  • Built in 1934

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75 x 100
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 2,784 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Water Views

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Shed
  • Storage Shed
  • Outbuilding

Location

  • Bayside

Schools

  • Leonardo Elementary School
  • Middle South High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal Belongings
  • Assessor Parcel Number 32-00306-0000-00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,857

Year Built

Built in 1934

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayside, Dead End Street
  • Reso View: Waterview
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Self/Con Clean, Stove, Stove Hood, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Flooring: Engineered Hardwood, Ceramic Tile, Wood
  • Reso Other Structures: Misc Building, Shed(s)
  • Year Built: 1934
  • Contract Info List PriceSqFt: 314.3
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Kitchen Center Island: Yes
  • Kitchen Quartz: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 75 x 100
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Lot Description Dead End Street: Yes
  • Included BlindsShades: Yes
  • Included Stove Hood: Yes
  • Included Ceiling Fan(s): Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Rooms Bonus Room2: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Lot Description Bayside2: Yes
  • Out Buildings Misc Building: Yes
  • Living Room Fireplace - Electric4: Yes
  • Water Type Bayfront: Yes
  • Water Type Bayside: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Main Level Bathrooms: 1
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.17
  • Waterfront Features: Bayfront, Bayside
  • Waterfront: No
  • Exclusions: Personal Belongings
  • Exterior Features: Balcony, Storage, Lighting
  • Patio And Porch Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75 x 100
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 32-00306-0000-00019

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11857.0

MLS Schools

  • Elementary School: Leonardo
  • High School: Middle South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 7, 2024
Sold by
Brier Kelly
Bought by
Chance Stephen and Casagrande Caroline
Seller's Agent
Kristina Mager
Coldwell Banker Realty
Buyer's Agent
David Parello
C/21 Action Plus Realty
List Price
$875,000
Sold Price
$910,000
Premium/Discount to List
$35,000
4%
Views
33
Current Estimated Value
$985,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,182
Avg. Annual Appreciation
4.56%
Original Mortgage
$728,000
Outstanding Balance
$719,060
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$266,122

Purchase Details

Closed on
Oct 31, 2006
Sold by
Smith Donald C
Bought by
Brier Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 1999
Sold by
Gray Eddie
Bought by
Smith Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,850
Interest Rate
7.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chance Stephen $910,000 Afrm Title & Abstract
Chance Stephen $910,000 Afrm Title & Abstract
Brier Kelly $290,000 --
Smith Donald $223,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chance Stephen $728,000
Closed Chance Stephen $728,000
Previous Owner Brier Kelly $275,500
Previous Owner Smith Donald $211,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2024 06/10/24 Sold $910,000 +4.0% $327 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $875,000 -- $314 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2025 $11,280 $994,500 $552,600 $441,900
2024 $11,857 $685,700 $251,900 $433,800
2023 $11,857 $682,200 $242,200 $440,000
2022 $6,522 $509,500 $186,600 $322,900
2021 $6,522 $341,900 $176,300 $165,600
2020 $4,836 $226,200 $143,700 $82,500
2019 $4,727 $223,800 $142,200 $81,600
2018 $4,347 $200,600 $126,400 $74,200
2017 $4,290 $196,000 $126,400 $69,600
2016 $4,537 $212,900 $133,000 $79,900
2015 $4,710 $213,400 $133,000 $80,400
2014 $4,829 $213,400 $133,000 $80,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22411771

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00306-0000-00019

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