NOT LISTED FOR SALE

407 Ocean Ave Unit 3A Belmar, NJ 07719

Estimated Value: $516,000 - $601,000

1 Bed
1 Bath
626 Sq Ft
$259/mo HOA Fee

Last Sold September 16, 2015

Last sale price $340,000 $543 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,724/month

82 Days on Market

Highlights

  • Ocean Front
  • Den
  • Patio
  • Wood Flooring
  • Eat-In Kitchen
  • Sliding Doors

About This Home

As of September 2015

LOCATION LOCATION LOCATION, What better then an OCEAN front property at the JERSEY shore ! This is one of a kind opportunity to spend all your summers contemplating a splendid ocean view from this home .ALL RENOVATED IN 2014, NEW full bathroom and NEW kitchen with granite counter tops and stainless steel appliances. NO PETS ALLOWED.

Last Agent to Sell the Property

SUELLEN BREON

Preferred Properties Real Estate License #0457714 Listed on: 05/15/2015

Co-Listed By

Olivier Elgue

Preferred Properties Real Estate License #0568111

Last Buyer's Agent

Louise Peterson

Prudential Zack Shore Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,820

Lot Details

  • 348

HOA Fees

  • $259 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Window Screens
  • Sliding Doors
  • Den
  • Ocean Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Paved Parking
  • Assigned Parking

Schools

  • Belmar Middle School

Utilities

  • Heating Available
  • Electric Water Heater

Additional Features

  • Patio
  • Ocean Front
  • Lower Level

Listing and Financial Details

  • Exclusions: ------------------
  • Assessor Parcel Number 07-00040-0000-00016-0000-C00a3

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, sewer, snow removal, water
  • 3 Units
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,820

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Sewer, Snow Removal, Water
  • Co List Office Mls Id: 2677
  • Co List Office Phone: 732-531-5900
  • Inclusions: Microwave, Stove, Refrigerator, Screens
  • Subdivision Name: None
  • Architectural Style: Lower Level
  • Reso Flooring: Ceramic Tile, Laminate, Wood
  • Reso Interior Features: Den, Sliding Door
  • Property Attached Yn: Yes
  • 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
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Lot Dimensions: x
  • General Property Info Farm: No
  • Location Middle School: Belmar
  • Living Room Floor - Wood2: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Parking Asphalt: Yes
  • Interior Den: Yes
  • Included Screens: Yes
  • Foyer Floor - Wood: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Floor - Laminate3: Yes
  • Floors Laminate: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • General Property Info # UnitsBldgs: 3.0
  • Style Lower Level: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Exclusions: ------------------
  • Exterior Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 259.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: 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 Dimensions: x
  • Parcel #: 07-00040-0000-00016-0000-C00a3
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3820.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Sep 11, 2015
Sold by
Lorick Boysin and Lorick Cynthia
Bought by
Page Spencer and Mager Maria
Seller's Agent
SUELLEN BREON
Preferred Properties Real Estate
Buyer's Agent
Louise Peterson
Prudential Zack Shore Properties
Sold Price
$340,000
Current Estimated Value
$565,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,577
Avg. Annual Appreciation
5.23%
Original Mortgage
$272,000
Outstanding Balance
$179,002
Interest Rate
1.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$386,575
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
Page Spencer $340,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Page Spencer $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2015 09/16/15 Sold $340,000 -- $543 / 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 $4,883 $335,600 $260,000 $75,600
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: 21518815

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00040-0000-00016-0000-C00A3