NOT LISTED FOR SALE

431 Michael Ave Bayville, NJ 08721

Estimated Value: $363,000 - $435,000

3 Beds
1 Bath
-- Sq Ft
5,009 Sq Ft Lot

Last Sold June 27, 2016

Last sale price $70,000

Est. 462% increase in value since last sale

Current estimated payment $2,403/month

140 Days on Market

Highlights

  • Cape Cod Architecture
  • Living Room
  • Fenced
  • No HOA
  • Dining Room
  • Heating System Uses Oil Above Ground

About This Home

As of June 2016

This property is now under auction terms. Auction dates are 4/18/16-4/22/16. Any presale offers should be submitted Bids will be taken during pre and post sale at the aforementioned website. No minimum starting bid required. All auction properties are subject to a 5% buyer’s premium with a minimum of $2,000 and subject to a reserve price as well as seller confirmation. No other incentives apply. Seller has the right (a) to change the date, place, and terms of the sale; (b) to remove the property from the market; and (c) to sell the property prior to the sale.

Last Agent to Sell the Property

Justin Reisfield

C21/ Action Plus Realty Listed on: 12/03/2015

Last Buyer's Agent

Ben Orshitzer

Westmarq Realty LLC License #0121039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50 x 100
  • Fenced

Parking

  • No Garage

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Central Reg Middle School

Utilities

  • Heating System Uses Oil Above Ground
  • Well
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-00549-0000-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,219

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cape
  • Year Built: 1950
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Central Reg Middle
  • WaterSewer Well: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Style Cape: Yes
  • Heating Oil Above Ground: Yes
  • Water Heater Oil: Yes
  • Special Features: None

Interior Features

  • Basement: Partial, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes

Exterior Features

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

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Oil Above Ground, HWBB
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 06-00549-0000-00018

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3219.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2021
Sold by
Yym Partners Llc
Bought by
Cmrr Holdings Llc
Current Estimated Value
$393,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Outstanding Balance
$138,991
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$254,553

Purchase Details

Listed on
Dec 3, 2015
Closed on
Jun 13, 2016
Sold by
Plazma Properties Llc
Bought by
Yym Partners Llc
Seller's Agent
Justin Reisfield
C21/ Action Plus Realty
Buyer's Agent
Ben Orshitzer
Westmarq Realty LLC
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.35%

Purchase Details

Listed on
Dec 3, 2015
Closed on
Apr 28, 2016
Sold by
Wells Fargo Bank Esq
Bought by
Plazma Properties Llc
Seller's Agent
Justin Reisfield
C21/ Action Plus Realty
Buyer's Agent
Ben Orshitzer
Westmarq Realty LLC
Sold Price
$70,000

Purchase Details

Closed on
Jan 8, 2014
Sold by
Mitchell Jeffrey and Mitchell Tanya
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 2, 2005
Sold by
Koot Moshe
Bought by
Mitchell Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 23, 2003
Sold by
First Berkeley National Bank
Bought by
Koot Moshe

Purchase Details

Closed on
Apr 9, 2003
Sold by
Lambertson Barbara and Lambertson Jim
Bought by
First Union National Bank

Purchase Details

Closed on
Mar 26, 1999
Sold by
Harris Russell J and Harris Carol L
Bought by
Lambertson Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
10%
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
Cmrr Holdings Llc -- Iconic Title Agency
Yym Partners Llc $110,000 Concord Title Agency
Plazma Properties Llc $81,200 Concord Title Agency
Wells Fargo Bank Na $11,000 None Available
Mitchell Jeffrey $176,000 Old Republic Natl Title Ins
Koot Moshe $119,000 Multiple
First Union National Bank $83,100 Madison Title Agency Llc
Lambertson Barbara $79,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cmrr Holdings Llc $152,750
Previous Owner Mitchell Jeffrey $135,000
Previous Owner Lambertson Barbara $63,200
Closed Mitchell Jeffrey $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2016 06/27/16 Sold $70,000 -- --
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 $3,858 $160,000 $81,700 $78,300
2024 $3,712 $160,000 $81,700 $78,300
2023 $3,643 $160,000 $81,700 $78,300
2022 $3,643 $160,000 $81,700 $78,300
2021 $3,566 $160,000 $81,700 $78,300
2020 $3,566 $160,000 $81,700 $78,300
2019 $3,467 $160,000 $81,700 $78,300
2018 $3,456 $160,000 $81,700 $78,300
2017 $3,328 $160,000 $81,700 $78,300
2016 $3,310 $160,000 $81,700 $78,300
2015 $3,219 $160,000 $81,700 $78,300
2014 $3,128 $160,000 $81,700 $78,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Justin Reisfield

    C21/ Action Plus Realty

    Section Image

  • B

    Buyer's Agent in 2016

    Ben Orshitzer

    Westmarq Realty LLC

    (908) 227-2177

    Ben Orshitzer
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21544856

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-00549-0000-00018

New Jersey Ocean County Bayville 08721

431 Michael Ave, Bayville, NJ

This home is located at 431 Michael Ave, Bayville, NJ 08721 since 03 December 2015 and is currently estimated at $393,544. This property was built in 1950. 431 Michael Ave is a home located in Ocean County with nearby schools including Central Regional Middle School and Central Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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