NOT LISTED FOR SALE

488 Sairs Ave Long Branch, NJ 07740

Estimated Value: $757,000 - $1,120,000

5 Beds
2.5 Baths
2,256 Sq Ft
$411/Sq Ft Est. Value

Last Sold December 18, 2014

Last sale price $296,300 $131 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $5,720/month

72 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Thermal Windows
  • Wood Flooring
  • 2 Car Detached Garage
  • Storm Doors

About This Home

As of December 2014

WEST END - JUST 3 BLOCKS TO BEACH. VINYL SIDED TWO-FAMILY WITH TIMBERLINE ROOF. APT. #1 - (OWNER OCCUPIED) 3 BEDROOM, 1 1/2 BATH 2 STORY WITH BASEMENT. APT. #2 - 2 BEDROOM, 1 BATH RANCH. RENTED FOR $1,125.00 PER MONTH PLUS GAS + ELEC. TENANT MO TO MO. UNITS HAVE SEPARATE GAS + ELEC. LANDLORD PAYS WATER + SEWER.

Last Agent to Sell the Property

Frank Camassa

Camassa Agency Inc License #8132820 Listed on: 08/04/2014

Last Buyer's Agent

Frank Camassa

Camassa Agency Inc License #8132820 Listed on: 08/04/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,020

Lot Details

  • Lot Dimensions are 65x130
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Thermal Windows
  • Window Screens
  • Wood Flooring
  • Walkup Attic
  • Storm Doors
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • 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, heat, electricity
  • The owner pays for yard maintenance, water, snow removal, sewer
  • Assessor Parcel Number 001330000000030001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood
  • Reso Interior Features: Attic - Walk Up
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 65X130
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Exterior Thermal Window: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Interior Attic - Walk Up: Yes
  • General Property Info # Parking Spaces: 2.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Exterior Screens2: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Stories: 2
  • Full Basement: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No
  • Exterior Features: Deck, Storm Door(s), Thermal Window, Screens, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Detached
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 65X130
  • Parcel #: 001330000000030001
  • Zoning Description: Single Family

Rental Info

  • Tenant Pays: Hot Water, Heat, Electricity
  • Owner Pays: Yard Maintenance, Water, Snow Removal, Sewer

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6020.0
  • Tax Other Annual Assessment Amount: 284900.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Dec 18, 2014
Sold by
Maggio Francis J
Bought by
Celcap Inc
Seller's Agent
Frank Camassa
Camassa Agency Inc
Buyer's Agent
Frank Camassa
Camassa Agency Inc
Sold Price
$296,300
Current Estimated Value
$927,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,660
Avg. Annual Appreciation
11.16%
Original Mortgage
$4,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2005
Sold by
Maggio Francis J
Bought by
Maggio Francis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.79%
Mortgage Type
Commercial
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
Celcap Inc $296,300 None Available
Maggio Francis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Celcap Inc $4,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2014 12/18/14 Sold $296,300 -- $131 / 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
2025 $9,595 $670,600 $425,500 $245,100
2024 $8,374 $624,300 $400,500 $223,800
2023 $8,374 $539,200 $325,500 $213,700
2022 $7,084 $456,400 $268,200 $188,200
2021 $7,084 $354,000 $196,200 $157,800
2020 $6,983 $334,100 $177,200 $156,900
2019 $6,869 $326,800 $177,200 $149,600
2018 $6,879 $325,400 $181,200 $144,200
2017 $6,484 $314,600 $173,200 $141,400
2016 $6,380 $315,700 $178,200 $137,500
2015 $5,784 $259,700 $85,400 $174,300
2014 $5,547 $262,500 $107,800 $154,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21431326

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00133-0000-00003-01