NOT LISTED FOR SALE

502 Villa Dr Long Branch, NJ 07740

Estimated Value: $922,000 - $997,881

4 Beds
3.5 Baths
1,980 Sq Ft
$489/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $795,000 $402 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,671/month

18 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 1 Car Direct Access Garage
  • Bonus Room
  • Balcony
  • Eat-In Kitchen

About This Home

As of July 2023

VIBRANT ON VILLA! Beautifully-appointed 4-bedroom, 3.5-bath, 3-level gem with 1st floor bedroom and full bath situated in a private, pet-friendly townhome community. Desirable open floor plan with one balcony off the kitchen overlooking lush green space and one balcony perfect for enjoying a nice cup of coffee while taking in the sites of the community. Ideally located just a couple of blocks to the ocean, a short distance to Pier Village, and the convenience of major transportation.

Last Agent to Sell the Property

Barbara Scaffidi

Ward Wight Sotheby's International Realty License #0571033 Listed on: 06/01/2023

Ward Wight Sotheby's International Realty

Last Buyer's Agent

Karen Moses

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,295

Year Built

  • Built in 2007

Lot Details

  • 915

HOA Fees

  • $387 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Common or Shared Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Tray Ceiling
  • Gas Fireplace
  • Sliding Doors
  • Living Room
  • Dining Room
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Long Branch Middle School

Utilities

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

Additional Features

  • Balcony
  • Landscaped

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 27-00229-0000-00037-502

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include common area, exterior maint, lawn maintenance, mgmt fees, snow removal
  • Ocean Villas Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,295

Year Built

Built in 2007

Lot Details

0

HOA Fees

$387 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Professional Management, No Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Snow Removal
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Ocean Villas
  • Architectural Style: Townhouse
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Bonus Room, Sliding Door
  • Property Attached Yn: Yes
  • Year Built: 2007
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Garage Direct Entry: Yes
  • Location Middle School: Long Branch
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Style Townhouse: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • Common Elements Landscaping: Yes
  • Kitchen GraniteStone Counter: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Eat-In: Yes
  • Foyer Floor - Ceramic: Yes
  • Interior Bonus Room: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Personal Items
  • Exterior Features: Balcony
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Common, Driveway, Off Street, Direct Access
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • GarageParking:Common: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 387.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00229-0000-00037-502

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10295.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 19, 2023
Sold by
Kazanas Peter G
Bought by
Charaipotra Meena
Seller's Agent
Barbara Scaffidi
Ward Wight Sotheby's International Realty
Buyer's Agent
Karen Moses
Coldwell Banker Realty
List Price
$799,000
Sold Price
$795,000
Premium/Discount to List
-$4,000
-0.5%
Views
154
Current Estimated Value
$968,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,220
Avg. Annual Appreciation
9.94%
Original Mortgage
$596,250
Outstanding Balance
$582,306
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$385,914

Purchase Details

Listed on
May 28, 2020
Closed on
Nov 9, 2020
Sold by
Almeida Evan
Bought by
Kazanas Peter G
Seller's Agent
Paul Kiernan
RE/MAX Welcome Home
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%

Purchase Details

Closed on
Jan 5, 2007
Sold by
Oceanview Kb Llc
Bought by
Almeida Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.14%
Mortgage Type
New Conventional
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
Charaipotra Meena $795,000 Title Forward
Kazanas Peter G $575,000 Pure Title Llc
Almeida Evan $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charaipotra Meena $596,250
Previous Owner Kazanas Peter $296,738
Previous Owner Almeida Evan $777,200
Previous Owner Almeida Evan $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $795,000 -0.5% $402 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $799,000 0.0% $404 / Sq Ft
11/28/2022 11/28/22 Rented $3,500 -12.5% --
10/15/2022 10/15/22 For Rent $4,000 0.0% --
11/22/2020 11/22/20 Sold $575,000 -2.4% $290 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $589,000 -1.7% $297 / Sq Ft
05/28/2020 05/28/20 For Sale $599,000 0.0% $303 / Sq Ft
05/01/2019 05/01/19 Rented $3,100 +7.1% --
04/18/2017 04/18/17 Rented $2,895 0.0% --
02/28/2015 02/28/15 Rented $2,895 +1.6% --
03/31/2014 03/31/14 Rented $2,850 -91.7% --
04/01/2013 04/01/13 Rented $34,200 +107.3% --
11/06/2012 11/06/12 Rented $16,500 -- --
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 $12,225 $805,300 $530,000 $275,300
2024 $10,102 $795,400 $500,000 $295,400
2023 $10,102 $650,500 $390,000 $260,500
2022 $10,899 $574,200 $342,000 $232,200
2021 $10,899 $544,700 $325,000 $219,700
2020 $10,991 $525,900 $305,000 $220,900
2019 $11,206 $533,100 $320,000 $213,100
2018 $10,731 $507,600 $300,000 $207,600
2017 $10,942 $530,900 $325,000 $205,900
2016 $10,667 $527,800 $325,000 $202,800
2015 $10,845 $487,000 $285,000 $202,000
2014 $10,330 $488,900 $300,000 $188,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22314692

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00229-0000-00037-502