NOT LISTED FOR SALE

407 Ocean Ave Unit 13A Belmar, NJ 07719

Estimated Value: $516,000 - $594,000

1 Bed
1 Bath
626 Sq Ft
$299/mo HOA Fee

Last Sold August 24, 2020

Last sale price $375,000 $599 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,730/month

43 Days on Market

Highlights

  • Beach Front
  • Eat-In Kitchen
  • Living Room
  • Porch
  • Air Conditioning
  • Recessed Lighting

About This Home

As of August 2020

Beachfront getaway just steps to Belmar Beach! This 1st floor unit offers amazing ocean views. Enjoy beautiful sunrises from the front porch. This condo offers 1 bedroom, 1 bathroom, oversized closets and assigned parking. Close to area restaurants, shopping and transportation.

Last Agent to Sell the Property

Margaret Pittenger

Pittenger Realty LLC Listed on: 05/21/2020

Last Buyer's Agent

Jennifer D'agosta

Keller Williams Realty Ocean Living License #1969603

Keller Williams Realty Ocean Living

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,514

Year Built

  • Built in 1967

Lot Details

  • 436

HOA Fees

  • $299 Monthly HOA Fees

Home Design

  • Asphalt Rolled Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Sliding Doors
  • Living Room
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • On-Street Parking
  • Assigned Parking

Schools

  • Belmar Elementary And Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Additional Features

  • Porch
  • Beach Front
  • Lower Level

Listing and Financial Details

  • Assessor Parcel Number 07-00040-0000-00016-0000-C0A13

Community Details

Overview

  • Association fees include trash, exterior maint, sewer, snow removal, water
  • On-Site Maintenance

Recreation

  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,514

Year Built

Built in 1967

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Association
  • Reso Association Fee Includes: Trash, Exterior Maint, Sewer, Snow Removal, Water
  • Inclusions: AC Units, Blinds/Shades, Ceiling Fan(s), Dishwasher, Electric Cooking, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Lower Level, Condo
  • Reso Flooring: Ceramic Tile, W/W Carpet
  • Reso Interior Features: Sliding Door, Recessed Lighting
  • Property Attached Yn: Yes
  • Year Built: 1967
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: Belmar
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Floor - Ceramic4: Yes
  • Roof Timberline: Yes
  • Kitchen Eat-In: Yes
  • Cooling Multi Units: Yes
  • Water Type Beachfront: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.01
  • Waterfront Features: Beachfront
  • Waterfront: Yes
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, On Street
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 299.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 07-00040-0000-00016-0000-C0A13

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4514.0

MLS Schools

  • Elementary School: Belmar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jul 24, 2020
Sold by
Carlson Kathryn Davis
Bought by
Sielski Jon Paul
Seller's Agent
Margaret Pittenger
Pittenger Realty LLC
Buyer's Agent
Jennifer D'agosta
Keller Williams Realty Ocean Living
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%
Current Estimated Value
$550,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,065
Avg. Annual Appreciation
7.36%
Original Mortgage
$337,500
Outstanding Balance
$302,733
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$230,169
Source: Public Records

Range of Values:

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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
Sielski Jon Paul $375,000 Old Republic Natl Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sielski Jon Paul $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $375,000 -3.6% $599 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $389,000 -- $621 / 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 $4,719 $335,600 $260,000 $75,600
2023 $4,719 $335,600 $260,000 $75,600
2022 $4,554 $335,600 $260,000 $75,600
2021 $4,554 $335,600 $260,000 $75,600
2020 $4,514 $335,600 $260,000 $75,600
2019 $4,514 $335,600 $260,000 $75,600
2018 $4,145 $335,600 $260,000 $75,600
2017 $4,044 $335,600 $260,000 $75,600
2016 $3,948 $206,600 $129,000 $77,600
2015 $3,792 $197,600 $120,000 $77,600
2014 $3,824 $197,600 $120,000 $77,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22015851

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00040-0000-00016-0000-C0A13