NOT LISTED FOR SALE

408 Monroe Ave Beverly, NJ 08010

Estimated Value: $370,000 - $406,000

4 Beds
1.5 Baths
1,520 Sq Ft
$257/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $350,000 $230 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,837/month

34 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Family Room
  • Patio

About This Home

As of December 2023

This home is absolutely exquisite! The minute you walk in, you’ll know you’ve come across quality workmanship. You enter into the foyer and, to the right, you’ll find the living room. It’s open to the formal dining room and that, in turn, leads you into the kitchen. Here you’ll find stainless steel appliances, a handy island with seating, and tons of cabinet space. The bedrooms are spacious and the bathroom has been nicely updated. The family room provides extra entertainment space or could be that needed man cave. The back yard is private, with vinyl fencing. The open house Sunday may be your only chance to see this gem, so don’t delay!

Last Agent to Sell the Property

Valerie Pressley

Keller Williams Realty - Marlton License #789746 Listed on: 08/13/2023

Keller Williams Realty - Marlton

Last Buyer's Agent

Myllena Correia

Keller Williams Realty - Moorestown

Keller Williams Realty - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,605

Year Built

  • Built in 1960

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 117.00 x 100.00

Parking

  • Driveway

Home Design

  • Split Level Home
  • Frame Construction

Interior Spaces

  • 1,520 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Partially Finished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

Outdoor Features

  • Patio

Schools

  • Samuel M Ridgway Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 12-01506-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,605

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Stove, Microwave, Dishwasher, Washer and Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-08-13
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Family Room
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1520
  • Living Area Sq Ft: 1520
  • Price Per Sq Ft: 236.84
  • Above Grade Finished Sq Ft: 1520
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: EDGEWATER PARK TOWNSHIP PUBLIC SCHOOLS
  • Middle School: SAMUEL M RIDGWAY SCHOOL
  • Middle School Source: 3rd Party
  • School District Key: 300200396949
  • School District Source: 3rd Party
  • Middle Or Junior School: SAMUEL M RIDGWAY SCHOOL

Lot Info

  • Horses: No
  • Lot Size Acres: 0.27
  • Lot Dimensions: 117.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11696.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2022
  • Zoning: RESDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6605.00
  • Assessor Parcel Number: 12-01506-00007
  • Tax Lot: 00007
  • Tax Total Finished Sq Ft: 1520
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/04/2023

MLS Schools

  • School District Name: EDGEWATER PARK TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2023
Closed on
Nov 20, 2023
Sold by
Lloyd Tamara
Bought by
Correia Itamar Ludovino
Seller's Agent
Valerie Pressley
Keller Williams Realty - Marlton
Buyer's Agent
Myllena Correia
Keller Williams Realty - Moorestown
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Views
257
Current Estimated Value
$389,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,865
Avg. Annual Appreciation
6.85%
Original Mortgage
$280,000
Outstanding Balance
$275,828
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$115,374

Purchase Details

Closed on
Sep 1, 1999
Sold by
Fanik Fayez and Fanik Hazim Y
Bought by
Lloyd Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,450
Interest Rate
10.25%
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
Correia Itamar Ludovino $350,000 Hometown Title
Correia Itamar Ludovino $350,000 Hometown Title
Lloyd Tamara $115,000 Clear Advantage Title
Lloyd Tamara $115,000 Clear Advantage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correia Itamar Ludovino $280,000
Previous Owner Lloyd Tamara $47,435
Previous Owner Lloyd Tamara $189,000
Previous Owner Lloyd Tamara $117,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $350,000 -2.8% $230 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
08/13/2023 08/13/23 For Sale $360,000 -- $237 / Sq Ft
Source: Bright MLS

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 $8,435 $243,300 $72,000 $171,300
2024 $6,625 $243,300 $72,000 $171,300
2023 $6,625 $193,100 $72,000 $121,100
2022 $6,606 $193,100 $72,000 $121,100
2021 $6,502 $193,100 $72,000 $121,100
2020 $6,289 $193,100 $72,000 $121,100
2019 $5,942 $193,100 $72,000 $121,100
2018 $5,810 $193,100 $72,000 $121,100
2017 $5,700 $193,100 $72,000 $121,100
2016 $5,382 $193,100 $72,000 $121,100
2015 $5,185 $193,100 $72,000 $121,100
2014 $4,905 $193,100 $72,000 $121,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2051198

Bright MLS

APN: 12-01506-0000-00007