NOT LISTED FOR SALE

502 Lareine Ave Bradley Beach, NJ 07720

Estimated Value: $1,023,000 - $1,204,000

3 Beds
1.5 Baths
1,241 Sq Ft
$920/Sq Ft Est. Value

Last Sold March 04, 2015

Last sale price $519,000 $418 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $6,866/month

21 Days on Market

Highlights

  • Attic
  • 2 Car Direct Access Garage
  • Zoned Heating
  • 1 Fireplace
  • Air Conditioning
  • 4-minute walk to Riley Park Bradley Beach

About This Home

As of March 2015

Two craftsman style homes for the price of one. Located close to beach and public transportation. Front house offers three bedrooms eat-in kitchen very spacious dining and living rooms with coffered ceilings wood burning fireplace hardwood floor under the carpet many of the original details intact and full basement. Rear house offers two bedrooms, living room kitchen and full basement. Both houses have been very well cared for with many updates.

Last Agent to Sell the Property

James McKeon

Gloria Nilson & Co Real Estate Listed on: 12/01/2014

Last Buyer's Agent

Thomas Coan

Ocean Pointe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,406

Year Built

  • Built in 1914

Lot Details

  • Lot Dimensions are 50 x 133
  • Fenced
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Common or Shared Parking
  • Assigned Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Storm Doors
  • Dryer
  • Attic

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Bradley Beach Elementary And Middle School
  • Asbury Park High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Separate Meters
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 08-00034-0000-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,406

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Interior Features: Attic, Cable TV
  • New Construction: No
  • Year Built: 1914
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 50 x 133
  • Location Middle School: Bradley Beach
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Exterior Storm Door(s): Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 6.0
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Washer Hookup3: Yes
  • Cooling Single Zone Heat: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Fence, Storm Door(s)
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, Common, Assigned, Direct Access
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: Yes
  • GarageParking:Common: Yes
  • Parking:Paved2: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 50 x 133
  • Parcel #: 08-00034-0000-00016
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6406.0
  • Tax Other Annual Assessment Amount: 499000.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bradley Beach
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2014
Closed on
Feb 15, 2015
Sold by
Letizia Edward and Letizia Theresa
Bought by
Degnan James and Degnan Bonnie S
Seller's Agent
James McKeon
Gloria Nilson & Co Real Estate
Buyer's Agent
Thomas Coan
Ocean Pointe
Sold Price
$519,000
Current Estimated Value
$1,142,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,134
Avg. Annual Appreciation
7.60%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Degnan James $519,000 Agent For Old Republic Natl
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2015 03/04/15 Sold $519,000 -- $418 / 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 $10,300 $1,183,600 $659,400 $524,200
2024 $9,921 $1,123,200 $628,000 $495,200
2023 $9,921 $1,051,000 $595,700 $455,300
2022 $6,594 $875,600 $502,200 $373,400
2021 $6,594 $754,600 $390,300 $364,300
2020 $8,641 $707,100 $359,000 $348,100
2019 $8,464 $668,600 $413,500 $255,100
2018 $7,947 $574,200 $331,000 $243,200
2017 $7,829 $553,700 $311,000 $242,700
2016 $7,633 $546,000 $316,000 $230,000
2015 $6,977 $535,600 $316,000 $219,600
2014 $6,406 $499,000 $306,000 $193,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21453180

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00034-0000-00016