NOT LISTED FOR SALE

Estimated Value: $393,809 - $518,000

2 Beds
1 Bath
-- Sq Ft
2,396 Sq Ft Lot

Last Sold June 06, 2016

Last sale price $150,000

Est. 204% increase in value since last sale

Current estimated payment $2,790/month

72 Days on Market

Highlights

  • Waterfront
  • Cottage
  • Heating System Uses Natural Gas
  • No HOA
  • Patio
  • 1-Story Property

About This Home

As of June 2016

With partial views of the open bay in this Ortley Beach neighborhood which is looking very good in the wake of Sandy, this property is a gem in the rough! The dwelling was flooded by Sandy, was gutted and is being sold ''As Is''. Value is in the land and is being marketed for Land Value. The lot size is a roomy 50 x 59 x 50 x 61. Plenty of off street parking in a great neighborhood & location make this property so attractive for the price. Buyer is responsible for any certs & inspections

Last Agent to Sell the Property

Elchanon Gelb

Jersey Realty Group, LLC License #0562973 Listed on: 02/09/2016

Last Buyer's Agent

Lisa Kovaleski

RE/MAX Platinum

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,526

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 50 x 59 x 50 x 61
  • Waterfront

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-01097-01-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,526

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Year Built: 1953
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 59 x 50 x 61
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: Yes
  • Exterior Features: Patio

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:None: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 59 x 50 x 61
  • Parcel #: 08-01097-01-00020

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2526.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
May 2, 2016
Sold by
Mordys Investments Llc
Bought by
Petitto William
Seller's Agent
Elchanon Gelb
Jersey Realty Group, LLC
Buyer's Agent
Lisa Kovaleski
RE/MAX Platinum
Sold Price
$150,000
Current Estimated Value
$455,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,905
Avg. Annual Appreciation
11.78%
Original Mortgage
$97,500
Outstanding Balance
$81,009
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$342,425

Purchase Details

Closed on
Jul 1, 2015
Sold by
Ocean County Sheriff
Bought by
Mordys Investments Llc

Purchase Details

Closed on
Jun 4, 2004
Sold by
Salvatoriello Donato and Salvatoriello Lisa
Bought by
Kerouac Joseph and Kerouac Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2001
Sold by
Nasso Joseph
Bought by
Sprague Kathlyn

Purchase Details

Closed on
Mar 28, 1995
Sold by
Modestino Paul
Bought by
Salvatoriello Donato and Cerillo Lisa

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
8.66%
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
Petitto William $150,000 Counselors Title
Mordys Investments Llc $56,000 --
Kerouac Joseph $279,000 Fidelity National Title Insu
Sprague Kathlyn $186,500 --
Sprague Kathlyn $186,500 --
Salvatoriello Donato $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petitto William $97,500
Previous Owner Kerouac Joseph $251,000
Previous Owner Salvatoriello Donato $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $150,000 -- --
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 $4,461 $245,000 $245,000 --
2024 $4,241 $245,000 $245,000 $0
2023 $4,089 $245,000 $245,000 $0
2022 $4,089 $245,000 $245,000 $0
2021 $2,776 $110,800 $110,800 $0
2020 $2,763 $110,800 $110,800 $0
2019 $2,644 $110,800 $110,800 $0
2018 $2,608 $110,800 $110,800 $0
2017 $2,586 $110,800 $110,800 $0
2016 $2,625 $115,500 $110,800 $4,700
2015 $2,526 $115,500 $110,800 $4,700
2014 $2,405 $115,500 $110,800 $4,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21604702

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01097-01-00020