NOT LISTED FOR SALE

403 Lareine Ave Bradley Beach, NJ 07720

Estimated Value: $1,101,000 - $1,219,000

5 Beds
3 Baths
1,232 Sq Ft
$953/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $1,100,000 $893 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,053/month

47 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Covered Patio or Porch
  • Main Floor Primary Bedroom
  • Home Office
  • Thermal Windows

About This Home

As of December 2023

Rare opportunity to own 2 houses on 1 property within Beautiful Bradley Beach. Fantastic FRONT house consists of 3 bedrooms, 2 full baths. Spacious main level composed of living room with hardwood flooring. Formal dining room with custom window installment. Wonderfully updated kitchen boasts new quartz counters, new backsplash and new SS appliance package. Upper level comprised of 3 bedrooms with hardwood flooring and full bath with radiant floor heating. Lower level contains 2 finished rooms, new carpeting, new windows, wet bar with frig, full bath and laundry/storage room. BACK house (tenant occupied) composed of living room, dining room, updated kitchen, 2 bedrooms, Full bath and laundry/utility room. Each house has dedicated outdoor areas. A SHARED driveway leads to back yard of FRONT house for off street parking. (Shared driveway cannot be park on or blocked in any way.) BACK house has walkway (easement) from Madison for access to property and on street parking only. Great location approximately 3 blocks to Boardwalk and Beach. Conveniently positioned to shops, dining, services and train along Main as well.

Last Agent to Sell the Property

Kevin Gore

Weichert Realtors-Rumson License #0675293 Listed on: 10/13/2023

Weichert Realtors-Rumson

Last Buyer's Agent

Adam Hecht

Boutique Realty, LLC License #1644993

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,167

Lot Details

  • 3,703

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Home Office
  • Storm Doors
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Crawl Space

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: TENANT'S BELONGINGS
  • Assessor Parcel Number 08-00042-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,167

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Ranch, Colonial
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Location Middle School: Bradley Beach
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Thermal Window: Yes
  • Exterior Storm Door(s): Yes
  • Style Ranch: Yes
  • Basement Heated: Yes
  • Water Heater Tank: Yes
  • Cooling Multi Units: Yes
  • Laundry Level Basement20: Yes
  • Family Room Level Basement29: Yes
  • Office Level Basement12: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Full, Heated, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Total Bedrooms: 18
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Crawl Space: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: TENANT'S BELONGINGS
  • Exterior Features: Patio, Storm Door(s), Thermal Window, Porch - Covered, Lighting
  • Features Exterior:Porch Covered: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Radiant, Forced Air, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Parcel #: 08-00042-0000-00013

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9167.0

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 28, 2023
Sold by
Monahan Lorraine A
Bought by
Kadakia Kevin and Kadakia Mary C
Seller's Agent
Kevin Gore
Weichert Realtors-Rumson
Buyer's Agent
Adam Hecht
Boutique Realty, LLC
List Price
$1,100,000
Sold Price
$1,100,000
Views
196
Current Estimated Value
$1,173,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,619
Avg. Annual Appreciation
3.64%
Original Mortgage
$660,000
Outstanding Balance
$649,045
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$524,574

Purchase Details

Listed on
Feb 23, 2015
Closed on
Jul 24, 2015
Sold by
Villamil Bayona Luz
Bought by
Monahan Lorraine A
Seller's Agent
Thomas Friedman
Berkshire Hathaway HomeServices Fox & Roach - Robbinsville
Buyer's Agent
Kevin Gore
Weichert Realtors-Rumson
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$417,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1998
Sold by
Suboyu Reshat
Bought by
Vantine Russell and Van Tine Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

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Average Value
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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
Kadakia Kevin $1,100,000 Sunnyside Title
Kadakia Kevin $1,100,000 Sunnyside Title
Monahan Lorraine A $560,000 Attorney
Vantine Russell $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadakia Kevin $660,000
Closed Kadakia Kevin $660,000
Previous Owner Monahan Lorraine A $417,000
Previous Owner Vantine Russell $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $1,100,000 0.0% $893 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $1,100,000 +96.4% $893 / Sq Ft
07/24/2015 07/24/15 Sold $560,000 -- $290 / 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
2025 $9,956 $1,143,800 $665,300 $478,500
2024 $9,676 $1,085,700 $633,700 $452,000
2023 $9,676 $1,025,000 $600,900 $424,100
2022 $9,010 $876,400 $511,200 $365,200
2021 $9,010 $768,800 $411,700 $357,100
2020 $8,769 $717,600 $377,200 $340,400
2019 $8,002 $632,100 $390,300 $241,800
2018 $7,451 $538,400 $307,800 $230,600
2017 $7,415 $524,400 $287,800 $236,600
2016 $7,317 $523,400 $292,800 $230,600
2015 $7,163 $513,100 $292,800 $220,300
2014 $6,941 $501,500 $282,800 $218,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22328192

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00042-0000-00013