NOT LISTED FOR SALE

45 Ocean Ave Unit 11G Monmouth Beach, NJ 07750

Estimated Value: $728,641 - $1,003,000

2 Beds
1.5 Baths
-- Sq Ft
$650/mo HOA Fee

Last Sold March 30, 2012

Last sale price $450,000

Est. 89% increase in value since last sale

Current estimated payment $5,687/month

80 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Outdoor Pool
  • Monmouth Beach School District Rated A
  • Fitness Center
  • New Kitchen

About This Home

As of March 2012

Miles & miles of spectacular southern ocean views & brilliant sunlight greet you at this beautifully updated 2 BR, 1.5 bath condo. Perched high above the coastline, this 11th floor unit offers an updated kitchen, newer cabinets, center island, stainless appliances, granite countertops, glass tile back splash. Also features: updated baths, bamboo floors, newer windows/sliding glass door. The Shores is a full service oceanfront building with beach access, indoor/outdoor pool, 24 hour security.

Last Agent to Sell the Property

Linda Blevins

Weichert Realtors-Rumson Listed on: 11/28/2011

Last Buyer's Agent

Deborah Gerstman

Coldwell Banker Schlott

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,734

Lot Details

  • Beach Front
  • Landscaped

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Visitor Parking
  • Open Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Recessed Lighting
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Water Views

Kitchen

  • New Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Deck

Schools

  • Monmouth Beach Elementary School
  • Shore Reg High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3400048010001107

Community Details

Overview

  • Association fees include - see remarks, trash, common area, fire/liab, mgmt fees, pool, snow removal
  • High-Rise Condominium
  • The Shores Subdivision

Amenities

  • Community Deck or Porch
  • Common Area
  • Community Center
  • Recreation Room
  • Community Storage Space

Recreation

  • Community Beach Access
  • Beach
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Snow Removal

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,734

Lot Details

0

HOA Fees

$650 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Extra Storage, Beach, Association, Exercise Room, Shuffleboard, Community Room, Deck, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Other - See Remarks, Trash, Common Area, Fire/Liab, Mgmt Fees, Pool, Snow Removal
  • Subdivision Name: The Shores
  • Architectural Style: High Rise, One Level Unit, Condo
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Balcony, Built-Ins, French Doors, Sliding Door, Recessed Lighting
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Pool3: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Cooling:_two_ Zoned AC: Yes
  • Common Elements Landscaping: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • Heating:_two_ Zoned Heat: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Kitchen Floor - Wood4: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Shuffleboard: Yes
  • Living Room Sliding Door2: Yes
  • Cooling Multi Units: Yes
  • Dining Room Sliding Door3: Yes
  • Parking Visitor: Yes
  • Allowable Elevator4: Yes
  • Water Type Beachfront: Yes
  • Common Elements Deck2: Yes
  • Style High Rise: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Other Rooms:Foyer: Yes
  • BasementOther: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bath Whirlpool: Yes

Exterior Features

  • Waterfront Features: Beachfront, Oceanfront
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Deck

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Open, Covered, Visitor
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 650.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Lot Info

  • Parcel #: 3400048010001107

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 4734.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2011
Closed on
Mar 30, 2012
Sold by
Alfano Frank
Bought by
Gerstman Erica and Friedman Bruce
Seller's Agent
Linda Blevins
Weichert Realtors-Rumson
Buyer's Agent
Deborah Gerstman
Coldwell Banker Schlott
Sold Price
$450,000
Current Estimated Value
$849,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,660
Avg. Annual Appreciation
4.76%
Original Mortgage
$360,000
Outstanding Balance
$249,125
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$600,535

Purchase Details

Closed on
Sep 28, 2011
Sold by
Chaiken Marilyn B and Chaiken Richard
Bought by
Alfano Frank R and Prince Debra R

Purchase Details

Closed on
Aug 9, 2004
Sold by
Cuoco Frank
Bought by
Alfano Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.01%

Purchase Details

Closed on
Aug 16, 2002
Sold by
Topefa Of Nj Inc
Bought by
Cuoco Frank and Cuoco Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gerstman Erica $450,000 Chicago Title Insurance Co
Alfano Frank R -- Old Republic National Title
Alfano Frank $425,000 --
Cuoco Frank $271,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerstman Erica $360,000
Previous Owner Alfano Frank $300,000
Previous Owner Cuoco Frank $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $450,000 -- --
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 $6,594 $737,200 $466,100 $271,100
2024 $6,594 $675,800 $421,800 $254,000
2023 $6,594 $640,200 $421,800 $218,400
2022 $5,709 $548,700 $338,600 $210,100
2021 $5,332 $449,500 $244,200 $205,300
2020 $5,332 $434,900 $233,100 $201,800
2019 $4,821 $401,100 $132,400 $268,700
2018 $4,309 $350,600 $115,700 $234,900
2017 $3,930 $309,900 $102,300 $207,600
2016 $3,940 $297,800 $98,300 $199,500
2015 $4,034 $320,900 $105,900 $215,000
2014 $4,963 $381,800 $140,000 $241,800
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21142765

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-01-00011-07