NOT LISTED FOR SALE

45 Ocean Ave Unit 3A Monmouth Beach, NJ 07750

Estimated Value: $609,000 - $839,000

1 Bed
1.5 Baths
-- Sq Ft
$850/mo HOA Fee

Last Sold November 18, 2015

Last sale price $268,000

Est. 157% increase in value since last sale

Current estimated payment $4,890/month

27 Days on Market

Highlights

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

About This Home

As of November 2015

This home is located at 45 Ocean Ave Unit 3A, Monmouth Beach, NJ 07750 since 22 August 2015 and is currently estimated at $687,671. This property was built in 2000. 45 Ocean Ave Unit 3A is a home located in Monmouth County with nearby schools including Monmouth Beach School District, Shore Regional High School, and Holy Trinity School.

Last Agent to Sell the Property

Vanessa Dooley

Resources Real Estate Brokerage Phone: 732-212-0440 License #0336160 Listed on: 08/22/2015

Last Buyer's Agent

Glenda Grill

Weichert Realtors-Manalapan License #0339090

Weichert Realtors-Manalapan

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 2000

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $850 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room
  • Ocean Views
  • Intercom

Kitchen

  • New Kitchen
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Assigned Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Terrace
  • Exterior Lighting
  • Porch

Schools

  • Monmouth Beach Elementary And Middle School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 34-00048-01-00003-01

Community Details

Overview

  • Association fees include trash, common area, exterior maint, fire/liab, mgmt fees, pool, rec facility, snow removal
  • 142 Units
  • High-Rise Condominium
  • The Shores Subdivision
  • On-Site Maintenance

Amenities

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

Recreation

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

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,254

Year Built

Built in 2000

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Attribution Contact: 732-212-0440
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Beach, Association, Exercise Room, Shuffleboard, Community Room, Deck, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Mgmt Fees, Pool, Rec Facility, Snow Removal
  • Inclusions: AC Units, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Intercom
  • Subdivision Name: The Shores
  • Architectural Style: High Rise, One Level Unit
  • Reso Flooring: Ceramic Tile, W/W Carpet
  • Reso Interior Features: Balcony, Sliding Door
  • Year Built: 2000
  • 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
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Exterior Terrace: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Lot Dimensions: x
  • 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
  • Exterior Storm Window: Yes
  • General Property Info Handicap Access: Yes
  • Interior Balcony: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Landscaping: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Security Guard: Yes
  • Common Elements Shuffleboard: Yes
  • Common Elements Tennis Court: Yes
  • General Property Info # UnitsBldgs: 142.0
  • Included Intercom: Yes
  • Allowable Elevator4: Yes
  • Common Elements Deck2: Yes
  • Style High Rise: Yes
  • Common Elements Beach: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Deck, Outdoor Shower, Patio, Porch - Open, Storm Window, Terrace, Lighting, Tennis Court(s)
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Assigned
  • General Property Info:Garage: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 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: 850.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Monmouth Beach

Lot Info

  • Lot Dimensions: x
  • Parcel #: 34-00048-01-00003-01

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4254.0

Multi Family

  • Number Of Units Total: 142

MLS Schools

  • Elementary School: Monmouth Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2015
Closed on
Oct 28, 2015
Sold by
Paldino Robert J
Bought by
Scheppe Adam and Scheppe Susan
Seller's Agent
Vanessa Dooley
Resources Real Estate
Buyer's Agent
Glenda Grill
Weichert Realtors-Manalapan
Sold Price
$268,000
Current Estimated Value
$687,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,671
Avg. Annual Appreciation
9.84%
Original Mortgage
$168,000
Outstanding Balance
$132,319
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$555,352

Purchase Details

Listed on
Aug 22, 2015
Closed on
Oct 1, 2015
Sold by
Padalino Robert J
Bought by
Scheppe Adam and Scheppe Susan
Seller's Agent
Vanessa Dooley
Resources Real Estate
Buyer's Agent
Glenda Grill
Weichert Realtors-Manalapan
Sold Price
$268,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$132,319
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$555,352

Purchase Details

Closed on
Oct 4, 2000
Sold by
Bennett Walter
Bought by
Padalino Robert and Padalino Marilyn

Purchase Details

Closed on
Aug 17, 1995
Sold by
Schuander Lauren
Bought by
Bennett Rae and Bennett Walter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scheppe Adam $268,000 Commonwealth Title
Scheppe Adam $268,000 Commonwealth Title
Padalino Robert $187,500 --
Bennett Rae $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheppe Adam $168,000
Previous Owner Scheppe Adam $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2015 11/18/15 Sold $268,000 -- --
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 $5,022 $541,800 $299,000 $242,800
2024 $5,022 $523,300 $296,400 $226,900
2023 $5,022 $487,600 $292,500 $195,100
2022 $4,511 $436,700 $249,000 $187,700
2021 $4,511 $355,200 $171,800 $183,400
2020 $4,112 $335,400 $155,200 $180,200
2019 $3,725 $309,900 $102,300 $207,600
2018 $3,211 $261,300 $86,200 $175,100
2017 $3,379 $266,500 $87,900 $178,600
2016 $3,184 $240,700 $79,400 $161,300
2015 $3,415 $271,700 $89,700 $182,000
2014 $4,254 $327,200 $120,000 $207,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21532863

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-01-00003-01