D
Seller's Agent in 2020
David Sgalambro
Melrose Realty, LLC
(908) 578-8071
1 in this area
105 Total Sales
468 Broadway Long Branch, NJ 07740
7
Beds
2
Baths
2,858
Sq Ft
7,405
Sq Ft Lot
Highlights
- 1 Car Detached Garage
- Level Lot
- Heating System Uses Natural Gas
About This Home
As of November 2020Calling all builders and investors. Property set up as a multifamily that could make a great professional office building or 2 family rental property. Many different options would be available for the best possible return on your investment. Also is the idea of converting this home into a single family/mother daughter that would have 6-7 bedrooms and 3 floors of living area. A real must see at this price!
Last Agent to Sell the Property
EXIT Realty East Coast Shirvanian License #9331863 Listed on: 04/09/2018
Last Buyer's Agent
David Sgalambro
Gloria Nilson & Co. Real Estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,415
Year Built
- Built in 1910
Lot Details
- Lot Dimensions are 50 x 150
- Level Lot
Parking
- 1 Car Detached Garage
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,858 Sq Ft Home
- 2-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
Schools
- Gregory Elementary School
- Long Branch Middle School
- Long Branch High School
Utilities
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- 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%
Total Days on Market
34
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
$280,708
Avg. Annual Appreciation
8.01%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $663,000 | Acres Land Title Agency Inc | |
| Deed | $663,000 | Land Title | |
| Deed | $250,101 | None Available | |
| Deed | -- | -- | |
| Deed | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $385,000 | No Value Available | |
| Previous Owner | $187,575 | New Conventional | |
| Previous Owner | $187,575 | New Conventional | |
| Previous Owner | $221,000 | Commercial | |
| Previous Owner | $308,750 | Commercial | |
| Previous Owner | $120,000 | Commercial |
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 |
|---|---|---|---|---|
| 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
4 in this area
7 Total Sales
-
Richard Shirvanian
R
Seller's Agent in 2018
Richard Shirvanian
EXIT Realty East Coast Shirvanian
(732) 768-3544
4 in this area
19 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21803367
APN: 27-00230-0000-00003
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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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