NOT LISTED FOR SALE

417 Spring St Long Branch, NJ 07740

Estimated Value: $546,000 - $645,000

5 Beds
2 Baths
1,700 Sq Ft
$349/Sq Ft Est. Value

Last Sold July 19, 2016

Last sale price $260,000 $153 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,873/month

70 Days on Market

Highlights

  • Wood Flooring
  • Outdoor Grill
  • Heating System Uses Natural Gas
  • Double-Wide Driveway
  • Fenced

About This Home

As of July 2016

Do not miss out on this updated two family home that is the perfect income property close to the famous Jersey Shore beaches and Pier Village shops. Both units boast beautiful new Bruce hardwood floors, updated kitchens (one with skylight) and baths. Two bedrooms in each unit. Separate sliding glass doors to nice fenced in backyard with walk out patio and shed. Driveway with separate entrance into kitchen. A must see!!!

Last Listed By

Starr Koplow

Compass New Jersey , LLC License #0446866 Listed on: 03/24/2016

Compass New Jersey , LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,064

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 59 x 152
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Ceramic Tile

Partially Finished Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • No Garage
  • Double-Wide Driveway

Schools

  • Long Branch Middle School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 2-Story Property
  • Outdoor Grill

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00178-0000-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,064

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • Year Built: 1910
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 59 x 152
  • Location Middle School: Long Branch
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Parking Double Wide: Yes
  • Exterior BBQ2: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Walk-Out Access, Crawl Space
  • Basement: Yes
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Fence, BBQ
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Double Wide
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 59 x 152
  • Parcel #: 27-00178-0000-00014
  • Zoning Description: Residential, Multi-Family

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6064.0
  • Tax Other Annual Assessment Amount: 272300.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
Jul 19, 2016
Sold by
Spring Realty Group Llc
Bought by
R T R New Home Building Contractors Inc
Seller's Agent
Starr Koplow
Compass New Jersey , LLC
Buyer's Agent
Barbara Greely
RE/MAX Champions
Sold Price
$260,000
Total Days on Market
70
Current Estimated Value
$592,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,756
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Oct 8, 2012
Sold by
Perretti Frank and Perretti Patricia
Bought by
Spring Realty Group Llc

Purchase Details

Closed on
Dec 15, 2010
Sold by
Rossi Gerson and Rossi Margart
Bought by
Perretti Frank and Perretti Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2002
Sold by
Atkinson Sharon
Bought by
Rossi Gerson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1997
Sold by
Marsico William
Bought by
Ortiz Guy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.09%
Mortgage Type
Commercial

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
R T R New Home Building Contractors Inc $260,000 Coastal Title Agency Inc
Spring Realty Group Llc -- Residential Title Insurance
Perretti Frank $210,000 Red Key Title Agency Llc
Rossi Gerson $195,000 --
Ortiz Guy $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perretti Frank $150,000
Previous Owner Rossi Cerson $183,500
Previous Owner Rossi Gerson $185,250
Previous Owner Ortiz Guy $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2016 07/19/16 Sold $260,000 -- $153 / 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 $6,669 $491,500 $224,700 $266,800
2023 $6,669 $429,400 $174,700 $254,700
2022 $5,773 $341,700 $117,300 $224,400
2021 $5,773 $288,500 $97,300 $191,200
2020 $5,775 $276,300 $86,300 $190,000
2019 $5,644 $268,500 $87,300 $181,200
2018 $5,537 $261,900 $87,300 $174,600
2017 $5,330 $258,600 $87,300 $171,300
2016 $6,821 $337,500 $92,300 $245,200
2015 $6,064 $272,300 $94,200 $178,100
2014 $5,897 $279,100 $105,900 $173,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21605791

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00178-0000-00014