NOT LISTED FOR SALE

45 Ocean Ave Unit 3B Monmouth Beach, NJ 07750

Estimated Value: $973,000 - $1,292,000

2 Beds
2 Baths
-- Sq Ft
$750/mo HOA Fee

Last Sold June 10, 2020

Last sale price $580,000

Est. 83% increase in value since last sale

Current estimated payment $6,919/month

50 Days on Market

Highlights

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

About This Home

As of June 2020

Enjoy resort style living right on the ocean! Move right in to this light-drenched unit at The Shores. Sit on your balcony and enjoy ocean breezes, salt-air and beautiful ocean views with sunrises to the east and sunsets to the west. This unit features custom built-ins in the expansive living/dining room. Recently updated kitchen with custom cabinetry and high-end SS appliances. New flooring in Master Bedroom. Radiant heated floor in Master Bath. Your secured storage unit is on the same floor as the condo and there is an extra storage room for your bicycle, also on the same floor. This building offers many amenities including fitness center, indoor and outdoor heated pool, community room and a dining cafe.

Last Agent to Sell the Property

Pamela Gubitosi

RE/MAX Select License #1435223 Listed on: 03/09/2020

RE/MAX Select

Last Buyer's Agent

Rhonda Beck-Edwards

Berkshire Hathaway HomeServices Fox & Roach - Holmdel License #9701991

Berkshire Hathaway HomeServices Fox & Roach - Holmdel

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,368

Year Built

  • Built in 2000

Lot Details

  • Beach Front
  • Landscaped

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Thermal Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room
  • Ceramic Tile Flooring
  • Ocean Views

Kitchen

  • New Kitchen
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Visitor Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting

Schools

  • Monmouth Beach Elementary And Middle School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Personal belongings.
  • Assessor Parcel Number 34-00048-01-00003-02

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include - see remarks, trash, common area, exterior maint, lawn maintenance, mgmt fees, pool, rec facility, sewer, snow removal
  • High-Rise Condominium
  • The Shores Subdivision
  • 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

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,368

Year Built

Built in 2000

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Oceanfront
  • ResoPoolFeatures: Heated, In Ground, Indoor
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Extra Storage, Controlled Access, Beach, Association, Exercise Room, Community Room, Pool, Landscaping
  • Reso Association Fee Includes: Other - See Remarks, Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Sewer, Snow Removal
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Garbage Disposal
  • Subdivision Name: The Shores
  • Architectural Style: High Rise
  • Reso Interior Features: Balcony, Built-Ins, Sliding Door, Recessed Lighting
  • Year Built: 2000
  • General Property Info Waterview: Yes
  • 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 Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: 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 Heated3: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • Exterior Terrace: Yes
  • Fee Includes Rec Facility: Yes
  • Location Middle School: Monmouth Beach
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Exterior Thermal Window: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Landscaping: Yes
  • Kitchen GraniteStone Counter: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • PoolIndoor: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Sliding Door2: Yes
  • Included Garbage Disposal: Yes
  • Living Room Built-Ins2: Yes
  • Living Room Floor - Ceramic2: Yes
  • Parking Visitor: Yes
  • Water Type Beachfront: Yes
  • Style High Rise: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • 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:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Beachfront, Oceanview
  • Waterfront: Yes
  • Exclusions: Personal belongings.
  • Exterior Features: Balcony, Patio, Swimming, Terrace, Thermal Window, Lighting, Tennis Court(s)
  • Foundation Details: Slab
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Off Street, Visitor
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: 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
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Sewer: Yes

Schools

  • Middle Or Junior School: Monmouth Beach

Lot Info

  • Parcel #: 34-00048-01-00003-02

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6368.0

MLS Schools

  • Elementary School: Monmouth Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jun 5, 2020
Sold by
Wallace David
Bought by
Carducci Christine
Seller's Agent
Pamela Gubitosi
RE/MAX Select
Buyer's Agent
Rhonda Beck-Edwards
Berkshire Hathaway HomeServices Fox & Roach - Holmdel
List Price
$619,000
Sold Price
$580,000
Premium/Discount to List
-$39,000
-6.3%
Current Estimated Value
$1,063,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,718
Avg. Annual Appreciation
11.73%

Purchase Details

Listed on
Sep 20, 2013
Closed on
Nov 20, 2013
Sold by
Steinel Timothy J and Daniel Steinel Peggy
Bought by
Wallace David
Seller's Agent
George Prina
EXP Realty
Buyer's Agent
Maria Della Fera
Coldwell Banker Realty
Sold Price
$505,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%
Original Mortgage
$404,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2009
Sold by
Millner James I and Millner Syril
Bought by
Steinel Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
5.31%
Mortgage Type
New Conventional
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
Carducci Christine $580,000 Trident Abstract Ttl Agcy Ll
Wallace David $505,000 Agent For First American
Steinel Timothy J $415,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace David $404,000
Previous Owner Steinel Timothy J $373,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2020 06/10/20 Sold $580,000 -6.3% --
04/28/2020 04/28/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $619,000 +22.6% --
12/03/2013 12/03/13 Sold $505,000 -- -- View Prior Sale
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 $6,819 $775,400 $426,100 $349,300
2024 $6,819 $707,700 $381,300 $326,400
2023 $6,819 $662,000 $381,300 $280,700
2022 $7,073 $656,000 $386,000 $270,000
2021 $7,073 $556,900 $293,000 $263,900
2020 $6,665 $543,600 $279,000 $264,600
2019 $6,368 $529,800 $174,800 $355,000
2018 $5,597 $455,400 $150,300 $305,100
2017 $5,229 $412,400 $136,100 $276,300
2016 $5,456 $412,400 $136,100 $276,300
2015 $5,724 $455,400 $150,300 $305,100
2014 $5,612 $431,700 $158,300 $273,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22009159

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-01-00003-02