$257,500
SOLD SEP 17, 2015

423 Westbourne Ave Long Branch, NJ 07740

3 Beds
2 Baths
1,548 Sq Ft
8,843 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

89 Days on Market

About This Home

As of September 2015

Well maintained owner occupied 2 family home. First floor apartment offers large Living Room, Huge Kitchen, 2 generous sized Bedrooms, 1 bath and Laundry Room off kitchen for added convenience. Second floor offers large Living Room, large bedroom, Kitchen and Bath. 2 car detached Garage, double width long Driveway and deep Backyard. Quite residential street make this ideal to live in one apartment and collect rent from the other or investment property with a positive cash flow.

Last Agent to Sell the Property

Judite Ribeiro

Weichert Realtors-Ocean Listed on: 05/08/2015

Last Buyer's Agent

Diane Glander

Coldwell Banker Realty License #0457819

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,244

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 40 x 221

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Partial Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • West End Elementary School
  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00172-0000-00036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,244

Year Built

Built in 1899

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1899
  • Contract Info New Construction: No
  • 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: 40 x 221
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 40 x 221
  • Parcel #: 27-00172-0000-00036

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5244.0
  • Tax Other Annual Assessment Amount: 248200.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: West End
  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2015
Closed on
Sep 16, 2015
Sold by
Corcione Frederick C and Corcione Michael J
Bought by
Silva Carla
Seller's Agent
Judite Ribeiro
Weichert Realtors-Ocean
Buyer's Agent
Diane Glander
Coldwell Banker Realty
Sold Price
$257,500
Total Days on Market
89
Current Estimated Value
$551,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,424
Avg. Annual Appreciation
8.16%
Original Mortgage
$206,000
Outstanding Balance
$164,220
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
$387,704

Purchase Details

Closed on
Jan 31, 2005
Sold by
Carmen J Corcione 1992 Irrevoc
Bought by
Corcione Frederick C and Corcione Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.83%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Deed $257,500 Attorney
Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $206,000 Commercial
Previous Owner $125,000 Commercial
Previous Owner $140,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2015 12/08/15 Rented $18,000 0.0% --
09/17/2015 09/17/15 Sold $257,500 -- $166 / 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 $6,260 $424,600 $171,800 $252,800
2023 $6,260 $403,100 $161,800 $241,300
2022 $5,865 $331,500 $119,000 $212,500
2021 $5,865 $293,100 $111,000 $182,100
2020 $5,854 $280,100 $99,000 $181,100
2019 $5,669 $269,700 $97,000 $172,700
2018 $5,649 $267,200 $95,000 $172,200
2017 $5,379 $261,000 $92,000 $169,000
2016 $5,633 $278,700 $94,000 $184,700
2015 $5,610 $251,900 $106,700 $145,200
2014 $5,244 $248,200 $119,400 $128,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21517693

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00172-0000-00036