NOT LISTED FOR SALE

412 Lake Terrace Bradley Beach, NJ 07720

Estimated Value: $933,472 - $1,242,000

3 Beds
3 Baths
1,908 Sq Ft
$564/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $595,000 $312 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,505/month

8 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Deck
  • Eat-In Kitchen
  • Privacy Fence

About This Home

As of January 2019

Perfect chance to own at the beach! Spacious 3 Bedroom, 3 Full Baths, with open concept first floor. Large backyard with privacy fence, tennis courts behind home and a quiet park across the street. First floor offers kitchen, dining room, living room and, full bath. Sliding doors to outside deck, large fenced in yard and outdoor shower. Upstairs offers 3 bedrooms with a private master full bath plus an additional full bath. The home is four blocks to the beach and makes for a less than 10 minute walk or easy bike ride. Walking distance to Asbury Park!

Last Agent to Sell the Property

MATTHEW PASSERO

KELLER WILLIAMS - NJ METRO GROUP Listed on: 11/12/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,627

Year Built

  • Built in 2000

Lot Details

  • 52 Sq Ft Lot
  • Privacy Fence
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Parking Garage Space

Home Design

  • Colonial Architecture
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2208-00002-0000-00002-0001-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,627

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2000
  • County Name: Monmouth
  • Exclusions: Personal belongings
  • Street Number Display: 412
  • Directions: Main Street to Lake Terrace - across from park
  • I D: 4850723
  • Modified: 2021-09-23
  • Number Images: 21
  • First Name: MATTHEW
  • First Name3: UNKNOWN
  • Last Name: PASSERO
  • Last Name3: AGENT
  • Office Phone: 973-233-7593
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Number Rooms: 9
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Level: Second
  • Other Room 4: Laundry Room
  • Other Room4 Level: Second
  • Phone: 973-783-7400

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Underground Lawn Sprinkler, Privacy Fence, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Parking
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 51.92 X 95.20
  • Assessed Improvement Value: 241400
  • Assessed Land Value: 309700
  • Assessment: 551100
  • Lot Identifier: 2.1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7627
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2208-00002-0000-00002-0001-
  • Tax Rate Amount: 1.384
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Jan 10, 2019
Sold by
Passero Nicholas Andrew and Passero Anna Marie
Bought by
Vanarsdale Thomas R and Carpinello Debra
Seller's Agent
MATTHEW PASSERO
KELLER WILLIAMS - NJ METRO GROUP
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$1,076,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,618
Avg. Annual Appreciation
10.01%
Original Mortgage
$476,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2015
Closed on
Jul 13, 2015
Sold by
Scott Kim and Scoppettuolo Maria
Bought by
Passero Nicholas Andrew
Seller's Agent
Alfredo Fresnedo
C21/ Coastal Realtors
Buyer's Agent
Samantha Scheer
G & G Agency Inc
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$49,450
Interest Rate
4.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 31, 2005
Sold by
Demers Eugene
Bought by
Scott Kim and Scoppettuolo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2001
Sold by
Lake Shore At Bradley Inc
Bought by
Demers Eugene and Demers Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vanarsdale Thomas R $595,000 Broad Strret Title Agency Ll
Passero Nicholas Andrew $495,000 Foundation Title Llc
Scott Kim $550,000 --
Demers Eugene $212,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Can Arsdale Iii Thomas R $483,100
Closed Vanarsdale Thomas R $476,000
Previous Owner Passero Nicholas Andrew $49,450
Previous Owner Passero Nicholas Andrew $396,000
Previous Owner Scott Kim $340,000
Previous Owner Scott Kim $209,362
Previous Owner Scott Kim $100,000
Previous Owner Scott Kim $225,000
Previous Owner Demers Eugene $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $595,000 0.0% $312 / Sq Ft
01/15/2019 01/15/19 Sold $595,000 0.0% $344 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $595,000 +20.2% $312 / Sq Ft
07/23/2015 07/23/15 Sold $495,000 -- $259 / Sq Ft
Source: Garden State 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
2024 $7,667 $859,200 $467,500 $391,700
2023 $7,667 $812,200 $447,100 $365,100
2022 $7,305 $695,700 $378,400 $317,300
2021 $7,305 $623,300 $302,500 $320,800
2020 $7,288 $596,400 $279,900 $316,500
2019 $8,290 $654,800 $404,700 $250,100
2018 $7,627 $551,100 $309,700 $241,400
2017 $7,716 $545,700 $271,700 $274,000
2016 $7,704 $551,100 $281,200 $269,900
2015 $7,562 $541,700 $281,200 $260,500
2014 $7,674 $554,500 $262,200 $292,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3515237

Garden State MLS

APN: 08-00002-0000-00002-01