NOT LISTED FOR SALE

402 Lake Terrace Bradley Beach, NJ 07720

Estimated Value: $861,690 - $1,051,000

3 Beds
3 Baths
1,908 Sq Ft
$513/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $550,000 $288 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,040/month

Highlights

  • Water Views
  • Dutch Colonial Architecture
  • 1 Car Direct Access Garage
  • New Kitchen
  • Wood Flooring
  • Porch

About This Home

As of May 2018

Bradley Beach at it's finest! Come see this classic shore beauty with fabulous modern amenities. Upon entering you are greeted with open concept and floors with a commercial grade modern invisible finish. The chefs kitchen features brand new stainless appliances including a double oven, top of the line cabinetry, granite, farm sink and LED under cabinet lighting. Master bath suite features double vanity with wall mounted waterfall faucets, in vanity outles, oversized seamless walk in shower with rain shower head and bench. Broan Sensonic Blue tooth Speaker to create the tranquil spa atmosphere and wall mounted makeup mirror with light. 2 additional bathrooms are gorgeous as well. Perfectly located 3 blocks to the beach and walking distance to the areas finest restaurants and shops.

Last Agent to Rent the Property

Johna Karpinski

Berkshire Hathaway HomeServices Signature Properties License #8935079 Listed on: 05/01/2018

Berkshire Hathaway HomeServices Signature Properties

Co-Listed By

Sonja O'Brien

Berkshire Hathaway HomeServices Signature Properties

Last Renter's Agent

Johna Karpinski

Berkshire Hathaway HomeServices Signature Properties License #8935079 Listed on: 05/01/2018

Berkshire Hathaway HomeServices Signature Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,305

Year Built

  • Built in 2000

Lot Details

  • Fenced

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Dutch Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • New Kitchen
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Bradley Beach Elementary And Middle School

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer

Listing and Financial Details

  • Security Deposit $4,200
  • Property Available on 5/1/18
  • Assessor Parcel Number 08-00001-0000-00003-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,305

Year Built

Built in 2000

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-05-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Reso Association Fee Includes: Sewer
  • Co List Office Mls Id: 3603
  • Co List Office Phone: 732-897-9200
  • Inclusions: Stove Hood, Washer, Stove, Microwave, Refrigerator, Dishwasher, Dryer, Garage Door Opener
  • Subdivision Name: None
  • Architectural Style: Dutch Colonial
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Sliding Door, Recessed Lighting
  • Year Built: 2000
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • Location Middle School: Bradley Beach
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Included Stove Hood: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen Ceramic Tile3: Yes
  • Contract Info Available Date: 2018-05-01
  • Maintenance Fees Security Deposit3: 4200.0
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Living Room Sliding Door2: Yes
  • Floors Tile: Yes
  • Style Dutch Colonial: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 10
  • Stories: 2
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • BasementOther: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Double Sinks2: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bath Floor - Ceramic10: Yes
  • Primary Bedroom Level Second39: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Fence, Porch - Open, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Parcel #: 08-00001-0000-00003-01

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Sep 28, 2017
Sold by
Fitzpatrick John M and Fitzpatrick Lauren
Bought by
Gassaro Peter and Gassaro Leanne
Seller's Agent
Carmelo Morabito
Keller Williams Realty East Monmouth
Buyer's Agent
Johna Karpinski
Gloria Nilson & Co. Real Estate
Sold Price
$550,000
Current Estimated Value
$983,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,498
Avg. Annual Appreciation
7.52%
Original Mortgage
$440,000
Outstanding Balance
$371,531
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$599,598

Purchase Details

Closed on
Apr 25, 2001
Sold by
Shore Lake
Bought by
Fitzpatrick John and Fitzpatrick Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

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Average Value
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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
Gassaro Peter $550,000 First American Title
Fitzpatrick John $219,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gassaro Peter $440,000
Previous Owner Fitzpatrick Lauren $183,000
Previous Owner Fitzpatrick John $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Rented $67,200 0.0% --
10/03/2017 10/03/17 Sold $550,000 -- $288 / 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 $7,305 $810,700 $407,800 $402,900
2023 $7,305 $773,800 $398,800 $375,000
2022 $6,949 $652,000 $342,100 $309,900
2021 $6,949 $592,900 $279,300 $313,600
2020 $7,000 $572,800 $263,400 $309,400
2019 $8,337 $658,500 $414,000 $244,500
2018 $7,612 $550,000 $314,000 $236,000
2017 $7,189 $508,400 $274,000 $234,400
2016 $7,204 $515,300 $284,000 $231,300
2015 $7,083 $507,400 $284,000 $223,400
2014 $7,903 $571,000 $264,000 $307,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2018

    Johna Karpinski

    Berkshire Hathaway HomeServices Signature Properties

    Section Image

  • S

    Landlord's Co-Listing Agent in 2018

    Sonja O'Brien

    Berkshire Hathaway HomeServices Signature Properties

  • C

    Seller's Agent in 2017

    Carmelo Morabito

    Keller Williams Realty East Monmouth

    (908) 578-7682

    1 in this area

    21 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jacqueline Mazzucco

    Keller Williams Realty East Monmouth

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21816528

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00001-0000-00003-01

New Jersey Monmouth County Bradley Beach 07720

402 Lake Terrace, Bradley Beach, NJ

This home is located at 402 Lake Terrace, Bradley Beach, NJ 07720 since 01 May 2018 and is currently priced at $977,923. This property was built in 2000. 402 Lake Terrace is a home located in Monmouth County with nearby schools including Bradley Beach Elementary School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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