NOT LISTED FOR SALE

48 Merritt Ave Neptune, NJ 07753

Estimated Value: $551,000 - $603,000

3 Beds
2 Baths
1,506 Sq Ft
$384/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $277,500 $184 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,855/month

29 Days on Market

Highlights

  • Outdoor Pool
  • Cape Cod Architecture
  • Recreation Room
  • New Kitchen
  • Deck
  • Wood Flooring

About This Home

As of December 2018

Located in a wonderful section of Neptune City.Minutes from Belmar beaches.Featuring 3 bdrms,2 full updated baths, redone kitchen, granite counter tops,SS appliances, ceramic tile floor, hardwood floors thru first floor.Partial finished basement, brand new hot water heater, newer upgraded electrical panel, outside hook up for generator, security system. Heating with roof solar panels,15yr lease, very low heating bills. Manicured property, shrubs flowers, pavers around front and back of house. ,large size yard,deck in backyard, large shed for storing bikes & garden supplies. Plenty of room to enjoy outside with family & friends. Close to schools, restaurants,Belmar marina & the Jersey Shore.

Last Agent to Sell the Property

Dianna Olson

Heritage House Sotheby's International Realty License #0572601 Listed on: 10/15/2018

Heritage House Sotheby's International Realty

Last Buyer's Agent

Ryan Jones

Keller Williams Realty East Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,934

Year Built

  • Built in 1947

Lot Details

  • Lot Dimensions are 24 x 130
  • Fenced
  • Irregular Lot

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,506 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 1 Fireplace
  • Bay Window
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Home Security System
  • Laundry Room

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Partially Finished Basement

  • Heated Basement
  • Recreation or Family Area in Basement
  • Laundry in Basement

Parking

  • No Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Outdoor Pool
  • Deck
  • Exterior Lighting
  • Shed
  • Storage Shed

Schools

  • Woodrow Wilson Elementary And Middle School
  • St. Rose High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: All curtains & curtain rods.
  • Assessor Parcel Number 36-00064-0000-00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,934

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • ResoSecurityFeatures: Security System
  • Inclusions: Dishwasher, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Bonus Room, Built-in Features, Den
  • New Construction: No
  • Reso Other Structures: Shed, Shed(s)
  • ResoWindowFeatures: Skylight(s)
  • Year Built: 1947
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 24 x 130
  • General Property Info Farm: No
  • Location Middle School: Woodrow Wilson
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Lot Description Irregular Lot: Yes
  • Interior Den: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Style Cape: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Sliding Door2: Yes
  • Dining Room BayBow Window3: Yes
  • Interior Bonus Room: Yes
  • Exterior Security System3: Yes
  • Rec Room Level Basement9: Yes
  • Laundry Level Basement20: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Ceilings - High, Heated, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Total Bedrooms: 11
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Den2: Yes
  • Features Interior:Skylight: Yes
  • Other Rooms:Rec Room: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Other, Shingle
  • Fencing: Fence
  • Waterfront: No
  • Exclusions: All curtains & curtain rods.
  • Exterior Features: Deck, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Solar, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Solar: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Woodrow Wilson

Lot Info

  • Lot Dimensions: 24 x 130
  • Parcel #: 36-00064-0000-00019
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5934.0

MLS Schools

  • Elementary School: Woodrow Wilson
  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Dec 19, 2018
Sold by
Duarte Yesenia
Bought by
Gillaspie David W
Seller's Agent
Dianna Olson
Heritage House Sotheby's International Realty
Buyer's Agent
Ryan Jones
Keller Williams Realty East Monmouth
Sold Price
$277,500
Current Estimated Value
$578,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,126
Avg. Annual Appreciation
11.83%
Original Mortgage
$283,466
Interest Rate
4.7%
Mortgage Type
VA

Purchase Details

Closed on
Nov 7, 2008
Sold by
Duarte Yesenia and Zapata Gloria
Bought by
Duarte Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,425
Interest Rate
6.13%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 26, 2002
Sold by
Rust Daniel
Bought by
Duarte Yesenia and Zapata Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,290
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
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
Gillaspie David W $277,500 All Ahead Title Agency
Duarte Yesenia -- Multiple
Duarte Yesenia $198,230 --
Durante Yesenia $198,230 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillaspie David W $289,003
Closed Gillaspie David W $283,466
Previous Owner Duarte Yesenia $244,200
Previous Owner Duarte Yesenia $204,000
Previous Owner Duarte Yesenia $179,425
Previous Owner Durante Yesenia $188,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $277,500 -- $184 / 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 $7,905 $468,600 $223,700 $244,900
2023 $7,905 $410,000 $174,000 $236,000
2022 $6,914 $368,200 $144,500 $223,700
2021 $6,914 $316,000 $110,400 $205,600
2020 $6,605 $288,300 $93,700 $194,600
2019 $6,270 $264,900 $78,000 $186,900
2018 $6,163 $249,400 $81,100 $168,300
2017 $5,934 $238,900 $75,800 $163,100
2016 $5,852 $235,000 $77,200 $157,800
2015 $5,975 $235,800 $86,200 $149,600
2014 $5,817 $201,500 $86,200 $115,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21840528

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 36-00064-0000-00019