NOT LISTED FOR SALE

432 Cedar Ave Leonardo, NJ 07737

Estimated Value: $311,000 - $404,031

2 Beds
1 Bath
756 Sq Ft
$482/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $200,000 $265 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,276/month

22 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • 1-Story Property
  • Middletown - South High School Rated A-
  • Hot Water Heating System

About This Home

As of August 2023

Calling all investors. Bring your vision and restore this home to its original grandeur or expand on this 50 x 150 lot. This 756 sq. ft. home currently offers 2 bedroom/ 1 bath and attached garage.Buyers must complete their own due diligence and check with township for approvals or modifications that may be required. This is a diamond in rough that will require extensive renovations. Being sold in ''As-Is'' condition.

Last Agent to Sell the Property

Alexis Nulle

Resources Real Estate Brokerage Phone: 732-212-0440 Listed on: 06/21/2023

Last Buyer's Agent

Carole Kubis

EXP Realty License #7852239

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 1928

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation

Interior Spaces

  • 756 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Leonardo Elementary School
  • Bayshore Middle School
  • Middle South High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal Possessions
  • Assessor Parcel Number 32-00331-0000-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,448

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 732-212-0440
  • Inclusions: None
  • Subdivision Name: None
  • Architectural Style: 2 Story
  • New Construction: No
  • Year Built: 1928
  • Contract Info List PriceSqFt: 302.91
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • General Property Info Farm: No
  • Location Middle School: Bayshore
  • Cooling None12: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:Slab: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Personal Possessions
  • Exterior Features: Other
  • Foundation Details: Slab

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Hot Water
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Bayshore

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 32-00331-0000-00020
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4448.0

MLS Schools

  • Elementary School: Leonardo
  • High School: Middle South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 17, 2023
Sold by
Tban Holdings Llc
Bought by
Bur Bank Scott
Seller's Agent
Alexis Nulle
Resources Real Estate
Buyer's Agent
Carole Kubis
EXP Realty
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%
Views
107
Current Estimated Value
$364,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,258
Avg. Annual Appreciation
28.11%

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 11, 2022
Sold by
432 Cedar Ave Llc
Bought by
Tban Holdings Llc
Seller's Agent
Michael Mcquade
RE/MAX Award Realtors
Buyer's Agent
Alexis Nulle
Better Homes and Gardens Real Estate Murphy & Co.
List Price
$234,900
Sold Price
$200,000
Premium/Discount to List
-$34,900
-14.86%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Apr 20, 2011
Sold by
Lau William A and Leth Bonnie L
Bought by
432 Cedar Avenue Llc

Purchase Details

Closed on
Apr 17, 2008
Sold by
Lau Betty Jane
Bought by
Betty Jane Lau Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bur Bank Scott $200,000 None Listed On Document
Bur Bank Scott $200,000 None Listed On Document
Tban Holdings Llc $200,000 Leighton Jennifer A
Tban Holdings Llc $200,000 Leighton Jennifer A
432 Cedar Avenue Llc -- None Available
Betty Jane Lau Living Trust -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2023 08/23/23 Sold $200,000 -12.7% $265 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $229,000 +14.5% $303 / Sq Ft
08/15/2022 08/15/22 Sold $200,000 -14.9% $265 / Sq Ft View Prior Sale
07/15/2022 07/15/22 Price Changed $235,000 0.0% $311 / Sq Ft
07/15/2022 07/15/22 For Sale $234,900 -- $311 / 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
2025 $4,619 $368,700 $315,600 $53,100
2024 $4,611 $280,800 $228,600 $52,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22316833

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00331-0000-00020