$545,000
SOLD DEC 29, 2021 RENTED JUL 31, 2024

45 Ocean Ave Unit 10L Monmouth Beach, NJ 07750

1 Bed
1.5 Baths
1,200 Sq Ft
$750/mo HOA Fee

Recently Sold

$454 Per Sq Ft

7% Below List Price

117 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Heated Indoor Pool
  • Monmouth Beach School District Rated A
  • Fitness Center
  • Oceanside

About This Home

As of April 2024

DON'T MISS THE SPOTLESS, 10TH FLOOR APARTMENT WITH FABULOUS OCEAN AND INLAND VIEWS. Featuring a just renovated kitchen, modern baths, ceramic tile floors, and tastefully decorated, this one-bedroom in The Shores is priced to sell! The Shores is a full-service condominium offering a 24-hour concierge desk, an outdoor and an indoor pool, a fitness room, a social room, a luncheonette, and it's own beach! SEE IT TODAY OR YOU MIGHT BE SORRY TOMORROW!

Last Agent to Sell the Property

Richard Nagel

RE/MAX Elite License #7937272 Listed on: 07/01/2021

RE/MAX Elite

Last Buyer's Agent

Leonard J DiPaolo

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,747

Year Built

  • Built in 1976

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Thermal Windows
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Living Room
  • Storage
  • Ceramic Tile Flooring
  • Ocean Views

Kitchen

  • New Kitchen
  • <<selfCleaningOvenToken>>
  • Electric Cooktop
  • Stove
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Common or Shared Parking
  • Paved Parking
  • Visitor Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Appliances

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Oceanside
  • Terrace
  • Exterior Lighting

Schools

  • Monmouth Beach Elementary And Middle School
  • Shore Reg High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 34-00048-01-00010-12

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include common area, exterior maint, fire/liab, lawn maintenance, mgmt fees, snow removal, water
  • High-Rise Condominium
  • The Shores Subdivision, One Bedroom Floorplan
  • On-Site Maintenance

Amenities

  • Common Area
  • Community Center
  • Recreation Room
  • Community Storage Space

Recreation

  • Community Beach Access
  • Beach
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Snow Removal

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,747

Year Built

Built in 1976

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: One Bedroom
  • ResoLotFeatures: Oceanfront, Oceanside
  • ResoPoolFeatures: Common, Fenced, Heated, In Ground, Indoor
  • Reso Association Amenities: Tennis Court, Professional Management, Extra Storage, Controlled Access, Beach, Association, Exercise Room, Community Room, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Mgmt Fees, Snow Removal, Water
  • Inclusions: AC Units, Washer, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Self/Con Clean, Stove, Stove Hood, Refrigerator, Screens
  • Subdivision Name: The Shores
  • Architectural Style: High Rise, One Level Unit, Condo
  • Reso Flooring: Ceramic Tile
  • Reso Interior Features: Sliding Door
  • New Construction: No
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1976
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Kitchen Quartz: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Pool Heated3: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Lot Description Oceanfront2: Yes
  • Exterior Controlled Access: Yes
  • Exterior Terrace: Yes
  • General Property Info Acreage: 4.61
  • General Property Info Farm: No
  • Location Middle School: Monmouth Beach
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Exterior Lighting: Yes
  • Allowable Cats: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Screens: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Landscaping: Yes
  • SidingBrick: Yes
  • Pool Fenced: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Ceramic Tile3: Yes
  • Included SelfCon Clean: Yes
  • Common Elements Tennis Court: Yes
  • PoolIndoor: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Sliding Door2: Yes
  • Living Room Floor - Ceramic2: Yes
  • Parking Visitor: Yes
  • Style High Rise: Yes
  • Common Elements Beach: Yes
  • Heating Electric Heat Pump2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Energy Features:Energy Appliances: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bedroom Floor - Ceramic6: Yes

Exterior Features

  • Roof: Flat
  • Acres: 4.61
  • Topography: Level
  • Waterfront Features: Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Controlled Access, Private Storage, Terrace, Thermal Window, Lighting
  • Foundation Details: Slab
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Paved, Assigned, Common, Off Street, Visitor, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • Parking:Paved: Yes
  • Parking Open: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric Heat Pump, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric, Electric Heat Pump, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes
  • HeatingCooling:Electric Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Monmouth Beach

Lot Info

  • Lot Size Sq Ft: 200811.6
  • Parcel #: 34-00048-01-00010-12
  • Zoning Description: Residential

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4747.0

MLS Schools

  • Elementary School: Monmouth Beach
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 6, 2024
Sold by
Kapetanakos George D and Kapetanakos Christina
Bought by
Soni & Shreeji Llc
Seller's Agent
Mary Loizou
Keller Williams Realty Central Monmouth
Buyer's Agent
Victor Morales
EXP Realty
List Price
$680,000
Sold Price
$680,000
Views
70
Current Estimated Value
$736,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,931
Avg. Annual Appreciation
6.87%
Original Mortgage
$510,000
Outstanding Balance
$504,916
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$232,015

Purchase Details

Listed on
Jul 1, 2021
Closed on
Dec 11, 2021
Sold by
Olte Properties Llc
Bought by
Kapetanakos George D and Kapetanakos Christina
Seller's Agent
Richard Nagel
RE/MAX Elite
Buyer's Agent
Leonard J DiPaolo
Gloria Nilson & Co. Real Estate
List Price
$585,000
Sold Price
$545,000
Premium/Discount to List
-$40,000
-6.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$425,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2015
Closed on
Mar 16, 2015
Sold by
Martin Nancy J and Martin Nancy S
Bought by
Olte Properties Llc
Seller's Agent
Frieda Shrem
RE/MAX Gateway
Buyer's Agent
Nicole Oakley
VRI Homes
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Jun 28, 2003
Sold by
Steadman Doris
Bought by
Martin Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.74%

Purchase Details

Closed on
Feb 25, 1999
Sold by
Ashkenazie Brenda
Bought by
Steadman Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.76%
Source: Public Records

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Range of Values:

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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 $680,000 None Listed On Document
Bargain Sale Deed $545,000 Fidelity National Title
Deed $305,000 Coastal Title Agency Inc
Deed $120,000 --
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 New Conventional
Previous Owner $425,000 New Conventional
Previous Owner $241,000 Commercial
Previous Owner $120,000 No Value Available
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Rented $4,000 +8.1% --
07/19/2024 07/19/24 For Rent $3,700 0.0% --
04/30/2024 04/30/24 Sold $680,000 0.0% $658 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $680,000 +24.8% $658 / Sq Ft
12/29/2021 12/29/21 Sold $545,000 -6.8% $454 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $585,000 0.0% $488 / Sq Ft
05/01/2016 05/01/16 Rented $29,400 0.0% --
03/19/2015 03/19/15 Sold $305,000 -- --
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
2024 $6,272 $646,400 $418,000 $228,400
2023 $6,272 $608,900 $412,500 $196,400
2022 $5,237 $518,900 $330,000 $188,900
2021 $5,237 $412,400 $227,700 $184,700
2020 $4,747 $387,200 $205,700 $181,500
2019 $4,470 $371,900 $122,700 $249,200
2018 $3,923 $319,200 $105,300 $213,900
2017 $3,588 $283,000 $93,400 $189,600
2016 $3,636 $274,800 $90,700 $184,100
2015 $3,688 $293,400 $96,800 $196,600
2014 $4,508 $346,800 $127,100 $219,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22120816

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-01-00010-12