NOT LISTED FOR SALE

45 Wanamassa Point Rd Ocean, NJ 07712

Wanamassa Neighborhood

Estimated Value: $732,000 - $840,382

3 Beds
2 Baths
684 Sq Ft
$1,131/Sq Ft Est. Value

Last Sold December 12, 2017

Last sale price $396,000 $579 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,154/month

11 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Porch
  • Lake On Lot
  • Cottage
  • Living Room

About This Home

As of December 2017

Bring your imagination and your contractor to see this beautifully situated cottage. Located in Wanamassa's coveted ''Point'' neighborhood this property sits on a gorgeous lakefront lot with breathtaking Deal Lake views. This 3 bedroom, 2 bath is in need of a complete facelift or build your dreamhouse from scratch! The furnace and hot water heater are both 6 years old and there is documentation for an oil tank removal in 1993. This property is being sold as is, where is. Property will convey on a CO without occupancy only and will be the buyers responsibility.

Last Agent to Sell the Property

Janet Manni

RE/MAX Gateway License #9236673 Listed on: 10/27/2017

RE/MAX Gateway

Last Buyer's Agent

Esther Silvera

Silvera Realty Co. License #1643477

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,208

Year Built

  • Built in 1911

Lot Details

  • Lot Dimensions are 40 x 128
  • Lake Front

Parking

  • 1 Car Garage

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Water Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Lake On Lot
  • Porch

Schools

  • Wanamassa Elementary School
  • Ocean Twp High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 37-00113-0000-00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,208

Year Built

Built in 1911

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lake
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Year Built: 1911
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 128
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Style CottageBungalow: Yes
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Crawl Space, Partial
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Other Rooms:Foyer: Yes
  • Basement:Partial: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric BB, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 40 x 128
  • Parcel #: 37-00113-0000-00040

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8208.0

MLS Schools

  • Elementary School: Wanamassa
  • High School: Ocean Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 8, 2017
Sold by
Owens Sharon M
Bought by
Jacob Doron and Jacob Romney
Seller's Agent
Janet Manni
RE/MAX Gateway
Buyer's Agent
Esther Silvera
Silvera Realty Co.
Sold Price
$396,000
Current Estimated Value
$773,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,846
Avg. Annual Appreciation
9.24%
Original Mortgage
$316,800
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 1993
Sold by
Estate Of Charles Mitchell
Bought by
Owens Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
7.11%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Jacob Doron $396,000 Westcor Land Title Ins Co
Owens Sharon $125,000 --
Owens Sharon M $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacob Doron $536,500
Closed Romney Jacob Doron $555,000
Closed Jacob Doron $316,800
Previous Owner Owens Sharon M $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2017 12/12/17 Sold $396,000 -- $579 / Sq Ft
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 $10,555 $685,000 $432,000 $253,000
2023 $10,555 $677,900 $432,000 $245,900
2022 $12,278 $656,200 $422,000 $234,200
2021 $12,111 $613,000 $422,000 $191,000
2020 $12,111 $596,900 $422,000 $174,900
2019 $8,553 $412,000 $322,000 $90,000
2018 $8,165 $382,800 $297,000 $85,800
2017 $8,095 $378,100 $297,000 $81,100
2016 $8,208 $344,600 $297,000 $47,600
2015 $9,366 $398,400 $352,000 $46,400
2014 $9,338 $403,200 $362,000 $41,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21741243

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00113-0000-00040