NOT LISTED FOR SALE

407 Monmouth Ave Bradley Beach, NJ 07720

Estimated Value: $1,274,000 - $1,621,441

3 Beds
1.5 Baths
1,499 Sq Ft
$965/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $700,000 $467 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $8,879/month

11 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Wood Flooring
  • Garage Apartment
  • Deck
  • Attic

About This Home

As of October 2015

Beautiful 3 Bedroom Colonial with detached 2 Bedroom detached Garage Apartment and Lake Views located in the gorgeous south end of Bradley Beach. This amazing property offers 3 bedrooms, 1 and 1.5 baths, hardwood flooring, full basement and attic for storage, rocking chair front porch, central air, backyard for entertaining, and close to the beach, restaurants, and major transportation. This residence also offers a 2 bedroom 1.5 bath detached garage apartment, with hardwood floors throughout, plenty of storage, and a hook-up for a washer and dryer.

Last Agent to Sell the Property

Patrick Parker

Patrick Parker Realty License #0336463 Listed on: 07/24/2015

Last Buyer's Agent

John Magrini

The Connolly Agency License #1431534

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,974

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 50 x 140

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Thermal Windows
  • Bonus Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Attic

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Parking

  • Garage Apartment
  • Converted Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Bradley Beach Elementary And Middle 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 08-00085-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,974

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Interior Features: Attic, Bonus Room, Built-Ins, Dec Molding
  • Year Built: 1922
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 140
  • General Property Info Farm: No
  • Location Middle School: Bradley Beach
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Exterior Thermal Window: Yes
  • Exterior Storm Door(s): Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • ExteriorDeck: Yes
  • Rooms Bonus Room2: Yes
  • Living Room Dec Molding3: Yes
  • Interior Bonus Room: Yes
  • Living Room Built-Ins2: Yes
  • Garage Apt Above Garage: Yes
  • Garage Converted: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 3
  • Full Basement: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck, Porch - Open, Storm Door(s), Thermal Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

  • Association: No

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 50 x 140
  • Parcel #: 08-00085-0000-00014

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 10974.0

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2015
Closed on
Oct 1, 2015
Sold by
Cush Patricia
Bought by
Magrini John and Magrini Norah A
Seller's Agent
Patrick Parker
Patrick Parker Realty
Buyer's Agent
John Magrini
The Connolly Agency
Sold Price
$700,000
Current Estimated Value
$1,429,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,364
Avg. Annual Appreciation
7.48%
Original Mortgage
$410,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Magrini John $700,000 Anchor Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magrini Michael A $415,500
Closed Magrini John $410,000
Previous Owner Cush Patricia $166,000
Previous Owner Cush Patricia $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2015 10/02/15 Sold $700,000 0.0% $467 / Sq Ft
07/14/2014 07/14/14 Rented $28,200 -- --
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 $12,640 $1,475,500 $874,700 $600,800
2023 $12,640 $1,339,000 $778,500 $560,500
2022 $12,307 $1,108,000 $654,300 $453,700
2021 $12,307 $1,050,100 $564,300 $485,800
2020 $12,067 $987,500 $534,000 $453,500
2019 $10,391 $820,800 $552,500 $268,300
2018 $10,565 $763,400 $507,500 $255,900
2017 $10,619 $751,000 $507,500 $243,500
2016 $10,414 $744,900 $507,500 $237,400
2015 $10,249 $734,200 $507,500 $226,700
2014 $10,974 $792,900 $494,000 $298,900
Source: Public Records

Agents Affiliated with this Home

  • Patrick Parker

    Seller's Agent in 2015

    Patrick Parker

    Patrick Parker Realty

    (202) 788-6182

    22 in this area

    73 Total Sales

    Section Image
  • John Magrini

    Buyer's Agent in 2015

    John Magrini

    The Connolly Agency

    (732) 996-4648

    10 Total Sales

    Section Image
  • Brenda Connolly

    Seller's Agent in 2014

    Brenda Connolly

    The Connolly Agency

    (732) 272-7700

    18 in this area

    63 Total Sales

    Section Image

  • M

    Buyer's Agent in 2014

    Margaret Codey

    Pasch Real Estate

    (732) 496-2666

    6 Total Sales

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21528892

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00085-0000-00014

New Jersey Monmouth County Bradley Beach 07720

407 Monmouth Ave, Bradley Beach, NJ

This home is located at 407 Monmouth Ave, Bradley Beach, NJ 07720 since 24 July 2015 and is currently estimated at $1,445,860, approximately $964 per square foot. This property was built in 1922. 407 Monmouth Ave is a home located in Monmouth County with nearby schools including Bradley Beach Elementary School, St. Rose Grammar School, and St Rose High 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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