NOT LISTED FOR SALE

45 Ocean Ave Unit 8L Monmouth Beach, NJ 07750

Estimated Value: $642,569 - $975,000

1 Bed
1.5 Baths
1,140 Sq Ft
$789/mo HOA Fee

Last Sold August 04, 2016

Last sale price $315,000 $276 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,187/month

21 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Oceanside
  • Monmouth Beach School District Rated A
  • Indoor Pool
  • Wood Flooring

About This Home

As of August 2016

Beautiful ocean front condo for sale. Views of the ocean and river from this 8th floor unit. Fully renovated with wood floors in living area and carpet in the bedroom. Kitchen and baths are updated. Open floor plan in this luxury full amenity building on the ocean. Beach at your feet, indoor and outdoor pools, 24 hr. security and concierge, Cafe in lobby for eats, gym in building and tennis court. There is on site management and maintenance. Tenant occupied till Dec. 15th so get income and be ready to move in for 2017 at 2016 prices!

Last Agent to Sell the Property

Vanessa Dooley

Resources Real Estate Brokerage Phone: 732-212-0440 License #0336160 Listed on: 06/07/2016

Last Buyer's Agent

Joan LaBanca

Berkshire Hathaway HomeServices Fox & Roach- Shrewsbury License #1007583

Berkshire Hathaway HomeServices Fox & Roach- Shrewsbury

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,610

Year Built

  • Built in 2000

Lot Details

  • Beach Front
  • Fenced

HOA Fees

  • $789 Monthly HOA Fees

Property Views

  • Ocean
  • River

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Sliding Doors
  • Living Room
  • Home Gym

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Direct Access Garage
  • Common or Shared Parking
  • Visitor Parking
  • Open Parking
  • Assigned Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Indoor Pool
  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Oceanside
  • Balcony
  • Terrace
  • Outdoor Storage

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 34-00048-01-00008-12

Community Details

Overview

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

Amenities

  • Common Area
  • Recreation Room
  • Community Storage Space

Recreation

  • Community Pool
  • Recreational Area
  • Snow Removal

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,610

Year Built

Built in 2000

Lot Details

0

HOA Fees

$789 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Attribution Contact: 732-212-0440
  • ResoLotFeatures: Beachfront, Oceanfront
  • ResoPoolFeatures: Common, In Ground, Indoor
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Snow Removal
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Screens
  • Subdivision Name: The Shores
  • Architectural Style: High Rise, Condo
  • Reso Flooring: W/W Carpet, Wood
  • Reso Interior Features: Balcony, Fitness, Sliding Door
  • New Construction: No
  • Year Built: 2000
  • Contract Info List PriceSqFt: 298.25
  • 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
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • Exterior Terrace: Yes
  • Garage Direct Entry: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Lot Dimensions: x
  • General Property Info Farm: No
  • Location Middle School: Monmouth Beach
  • Living Room Floor - Wood2: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Exterior Storage: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: Yes
  • Interior Balcony: Yes
  • Allowable Cats: Yes
  • Included Screens: Yes
  • Foyer Floor - Wood: Yes
  • SidingBrick: Yes
  • PoolIndoor: Yes
  • Living Room Sliding Door2: Yes
  • Exterior Rec Area: Yes
  • Parking Visitor: Yes
  • Interior Fitness: Yes
  • Water Type Riverview: Yes
  • Lot Description Beachfront2: Yes
  • Style High Rise: Yes
  • Heating Electric Heat Pump2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Oceanfront, Oceanside/Beach Blk, Oceanview, Riverview
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Balcony, Fence, Rec Area, Shared Storage, Storage, Swimming, Terrace
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Open, Assigned, Common, Visitor, Direct Access
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking:Assigned: 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

  • Senior Community: No
  • Association Fee: 789.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Monmouth Beach

Lot Info

  • Lot Dimensions: x
  • Parcel #: 34-00048-01-00008-12

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3610.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2018
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Carducci Lara
Current Estimated Value
$756,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,600
Outstanding Balance
$225,763
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$530,629

Purchase Details

Closed on
Apr 25, 2017
Sold by
Monmouth County Sheriff
Bought by
Christiana Trust

Purchase Details

Closed on
May 17, 2011
Sold by
Conselyea Flavia
Bought by
Conselyea Scott

Purchase Details

Closed on
Jul 31, 2008
Sold by
Condiotti Bethsabee
Bought by
Conselyea Scott and Conselyea Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2002
Sold by
Daly Edythe
Bought by
Condiotti Bethsabee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
6.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Lara $327,000 American Land Title Ass
Christiana Trust $1,000 --
Conselyea Scott -- Multiple
Conselyea Scott $312,000 Multiple
Condiotti Bethsabee $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carducci Lara $261,600
Previous Owner Conselyea Scott $280,800
Previous Owner Condiotti Bethsabee $184,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2016 08/04/16 Sold $315,000 0.0% $276 / Sq Ft
12/15/2013 12/15/13 Rented $27,000 +1127.3% --
12/12/2012 12/12/12 Rented $2,200 -91.7% --
09/10/2012 09/10/12 Rented $26,400 -- --
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 $4,985 $530,300 $287,500 $242,800
2024 $4,985 $520,700 $285,000 $235,700
2023 $4,985 $484,000 $281,300 $202,700
2022 $4,524 $435,000 $240,000 $195,000
2021 $4,524 $356,200 $165,600 $190,600
2020 $4,130 $336,900 $149,600 $187,300
2019 $3,725 $309,900 $102,300 $207,600
2018 $3,175 $258,300 $85,200 $173,100
2017 $3,079 $242,800 $80,100 $162,700
2016 $3,143 $237,600 $78,400 $159,200
2015 $3,376 $268,600 $88,600 $180,000
2014 $4,219 $324,500 $119,000 $205,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21622614

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-01-00002-01