D
Seller's Agent in 2020
David Sgalambro
Melrose Realty, LLC
(908) 578-8071
2 in this area
100 Total Sales
468 Broadway Long Branch, NJ 07740
Estimated Value: $697,000 - $1,031,000
8
Beds
2.5
Baths
3,000
Sq Ft
$305/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Forced Air Heating and Cooling System
- Double-Wide Driveway
About This Home
As of November 20208% Cap Rate! FULLY RENOVATED INSIDE & OUT.Unit 1 has 4 bedrooms 1 bath, brand new in unit washer/dryer. $2,600/month rentedUnit 2 has 4 bedrooms 1.5 baths, brand new in unit washer/dryer. $2,600/month rentedHardwood floors throughout, brand new kitchen with quartz countertops. Brand New HVAC system and duct work in both units. New vinyl windows. New plumbing, new electric. Detached 1 car garage, new bluestone driveway with ample parking in rear.
Last Agent to Sell the Property
Melrose Realty, LLC License #1005279 Listed on: 05/18/2020
Last Buyer's Agent
Mita Lakhani
EXIT Realty East Coast Shirvanian
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,045
Year Built
- Built in 1910
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50 x 150
Parking
- 1 Car Detached Garage
- Double-Wide Driveway
- Off-Street Parking
Home Design
- Duplex
- Asphalt Rolled Roof
- Vinyl Siding
Interior Spaces
- 3,000 Sq Ft Home
- 3-Story Property
- Stove
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Crawl Space
Schools
- Long Branch Middle School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for hot water, water, sewer, heat, gas, electricity
- Assessor Parcel Number 27-00230-0000-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2020
Closed on
Nov 16, 2020
Sold by
Sgalambro David F and Medvin Jason
Bought by
Lalseta Pankaj and Lalseta Harsha
Seller's Agent
David Sgalambro
Melrose Realty, LLC
Buyer's Agent
Mita Lakhani
EXIT Realty East Coast Shirvanian
List Price
$700,000
Sold Price
$670,000
Premium/Discount to List
-$30,000
-4.29%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,119
Avg. Annual Appreciation
7.69%
Purchase Details
Listed on
Apr 9, 2018
Closed on
May 10, 2018
Sold by
Mtglq Investors Lp
Bought by
Medvin Jason and Sgalambro David
Seller's Agent
Richard Shirvanian
EXIT Realty East Coast Shirvanian
Buyer's Agent
David Sgalambro
Gloria Nilson & Co. Real Estate
Sold Price
$250,101
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.01%
Original Mortgage
$187,575
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2006
Sold by
Harari Linda
Bought by
Farmdale Holdings Llc
Purchase Details
Closed on
Sep 2, 2003
Sold by
Riccardo Gloria
Bought by
Harari Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.01%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lalseta Pankaj | $663,000 | Acres Land Title Agency Inc | |
| Lalseta Pankaj | $663,000 | Land Title | |
| Medvin Jason | $250,101 | None Available | |
| Farmdale Holdings Llc | -- | -- | |
| Harari Linda | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Medvin Jason | $385,000 | |
| Previous Owner | Medvin Jason | $187,575 | |
| Previous Owner | Medvin Jason | $187,575 | |
| Previous Owner | Farmdale Holdings Llc | $221,000 | |
| Previous Owner | Harari Linda | $308,750 | |
| Previous Owner | Harari Linda | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2020 11/17/20 | Sold | $670,000 | 0.0% | $223 / Sq Ft |
| 11/02/2020 11/02/20 | Rented | $33,600 | +1192.3% | -- |
| 10/14/2020 10/14/20 | Under Contract | -- | -- | -- |
| 09/23/2020 09/23/20 | For Rent | $2,600 | 0.0% | -- |
| 08/01/2020 08/01/20 | Pending | -- | -- | -- |
| 06/30/2020 06/30/20 | Price Changed | $690,000 | -1.4% | $230 / Sq Ft |
| 05/17/2020 05/17/20 | For Sale | $700,000 | +179.9% | $233 / Sq Ft |
| 06/13/2018 06/13/18 | Sold | $250,101 | -- | $88 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $11,853 | $832,600 | $221,300 | $611,300 |
| 2024 | $11,523 | $771,200 | $213,800 | $557,400 |
| 2023 | $11,523 | $742,000 | $210,000 | $532,000 |
| 2022 | $13,125 | $667,500 | $198,800 | $468,700 |
| 2021 | $13,125 | $514,000 | $195,000 | $319,000 |
| 2020 | $10,454 | $500,200 | $183,000 | $317,200 |
| 2019 | $10,045 | $477,900 | $175,500 | $302,400 |
| 2018 | $9,792 | $463,200 | $171,800 | $291,400 |
| 2017 | $9,415 | $456,800 | $171,000 | $285,800 |
| 2016 | $9,115 | $451,000 | $172,500 | $278,500 |
| 2015 | $8,382 | $376,400 | $189,000 | $187,400 |
| 2014 | $9,029 | $427,300 | $261,000 | $166,300 |
Source: Public Records
Agents Affiliated with this Home
-
David Sgalambro
-
Mita Lakhani
Buyer's Agent in 2020
Mita Lakhani
EXIT Realty East Coast Shirvanian
(732) 325-8728
3 in this area
6 Total Sales
-
Richard Shirvanian
R
Seller's Agent in 2018
Richard Shirvanian
EXIT Realty East Coast Shirvanian
(732) 768-3544
2 in this area
16 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22015480
APN: 27-00230-0000-00003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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