NOT LISTED FOR SALE

45 Ocean Ave Unit 9G Monmouth Beach, NJ 07750

Estimated Value: $720,721 - $820,000

1 Bed
2 Baths
-- Sq Ft
$789/mo HOA Fee

Last Sold October 07, 2016

Last sale price $400,000

Est. 90% increase in value since last sale

Current estimated payment $5,530/month

95 Days on Market

Highlights

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

About This Home

As of October 2016

Renovated to the Nines! No expense spared in total 2008 redo of sunny, south facing, oceanfront unit! Stunning sunrise & beach views as far as the eye can see. Luxury abounds here--For a start, kitchen features imported Italian tile, gorgeous granite counters, hammered copper farm sink, custom lighting, built-in wine cooler, & pull-down TV! Living room has electric fireplace, Schonbek chandeliers, custom accent lighting, detailed molding & a wall of windows & door to the balcony. Bedroom has amazing custom walk-in closet & en-suite bathroom w/electric floor heater & stereotactic shower. Spa-like guest bath features whirlpool, mural, TV/DVD. Hardwood floors, security camera, open floor plan. Building amenities-indoor & outdoor pool, doorman, gym, private beach & more! Great location!!

Last Agent to Sell the Property

Joan LaBanca

Gloria Nilson & Co. Real Estate Listed on: 05/23/2016

Last Buyer's Agent

Gregg Mcaulay

Gregg D Mc Aulay Realtors License #8330116

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,951

Lot Details

  • Beach Front

HOA Fees

  • $789 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Track Lighting
  • Light Fixtures
  • Electric Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Ocean Views
  • Intercom

Kitchen

  • Electric Cooktop
  • Stove
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible
  • Accessible Approach with Ramp

Pool

  • Indoor Pool
  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Oceanside
  • Balcony
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 34-00048-01-00009-07

Community Details

Overview

  • Association fees include - see remarks, trash, common area, exterior maint, fire/liab, mgmt fees, snow removal
  • 132 Units
  • High-Rise Condominium
  • The Shores Subdivision, ''G'' Line Floorplan
  • On-Site Maintenance

Amenities

  • Common Area
  • Community Center
  • Recreation Room

Recreation

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

Security

  • Resident Manager or Management On Site
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,951

Lot Details

0

HOA Fees

$789 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: ''G'' LINE
  • ResoLotFeatures: Oceanfront
  • ResoPoolFeatures: In Ground, Indoor
  • Reso Association Amenities: Professional Management, Beach, Exercise Room, Community Room, Pool, Common Area
  • Reso Association Fee Includes: Other - See Remarks, Trash, Common Area, Exterior Maint, Fire/Liab, Mgmt Fees, Snow Removal
  • Inclusions: Washer, Track Lighting, Window Treatments, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Garbage Disposal, Intercom
  • Subdivision Name: The Shores
  • Reso Accessibility Features: Accessible Approach with Ramp
  • Architectural Style: High Rise, Condo
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Balcony, Sliding Door, Recessed Lighting
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: 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
  • Exterior Balcony2: Yes
  • Exterior Swimming: 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
  • Lot Description Oceanfront2: Yes
  • Location Middle School: Monmouth Beach
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • General Property Info Handicap Access: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Foyer Floor - Wood: Yes
  • SidingBrick: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior Handicap Acc: Yes
  • PoolIndoor: Yes
  • Living Room Sliding Door2: Yes
  • Included Garbage Disposal: Yes
  • General Property Info # UnitsBldgs: 132.0
  • Included Intercom: Yes
  • Water Type Beachfront: Yes
  • Foyer Dec Molding2: Yes
  • Living Room Fireplace - Electric4: Yes
  • Included Track Lighting: 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: 2
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • BasementOther: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Beachfront, Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Balcony, Outdoor Shower, Storm Window, Swimming, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Assigned
  • General Property Info:Garage: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric, Electric BB, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 789.0
  • 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

  • Parcel #: 34-00048-01-00009-07
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3951.0

Multi Family

  • Number Of Units Total: 132

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Oct 20, 2016
Bought by
Orlando Nicholas
Seller's Agent
Joan LaBanca
Gloria Nilson & Co. Real Estate
Buyer's Agent
Gregg Mcaulay
Gregg D Mc Aulay Realtors
Sold Price
$400,000
Current Estimated Value
$760,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,930
Avg. Annual Appreciation
7.60%
Original Mortgage
$320,000
Outstanding Balance
$261,105
Interest Rate
3.52%
Estimated Equity
$499,825

Purchase Details

Closed on
Aug 26, 2008
Sold by
Budoff Sheila Kraft and Ostrolenk Sylvia M
Bought by
Vardha Sri Sailam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Orlando Nicholas -- --
Vardha Sri Sailam $375,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orlando Nicholas $320,000
Closed Orlando Nicholas --
Previous Owner Vardha Sri Saiam $333,000
Previous Owner Vardha Sri Sailam $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $400,000 0.0% --
12/02/2015 12/02/15 Rented $2,500 -- --
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 $6,463 $662,200 $414,200 $248,000
2023 $6,463 $627,500 $414,200 $213,300
2022 $5,592 $537,600 $332,500 $205,100
2021 $5,592 $440,300 $239,800 $200,500
2020 $5,207 $424,700 $228,900 $195,800
2019 $4,755 $395,600 $130,500 $265,100
2018 $4,228 $344,000 $113,500 $230,500
2017 $3,846 $303,300 $100,100 $203,200
2016 $3,940 $297,800 $98,300 $199,500
2015 $3,951 $314,300 $103,700 $210,600
2014 $4,885 $375,800 $137,800 $238,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21620373

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-01-00009-07