NOT LISTED FOR SALE

503 3rd Ave Asbury Park, NJ 07712

Estimated Value: $1,105,052 - $1,238,000

5 Beds
3 Baths
1,650 Sq Ft
$711/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $910,000 $552 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,383/month

1 Day on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Victorian Architecture
  • Ceiling height of 9 feet on the upper level
  • 4-minute walk to Library Square Park

About This Home

As of February 2022

PROFESSIONAL PHOTOS COMING THIS WEEK

If you appreciate the elegance of a bygone era this gracious beauty is worth a look see. Perfectly situated 4 blocks to the beach and equal distant to the downtown you have the best of both worlds.
Enjoy this lovely 3 story Victorian replete with many original details. This gracious home features 10 foot ceilings,original staircases, shapely bay windows, claw foot tubs, and hardwood floors. The lot with lucious landscaping has plenty of room to add a pool, a true oasis. The third floor has two bedrooms and a full bed a private area for guests and family

Last Agent to Sell the Property

Susan McCarthy

Diane Turton, Realtors-Asbury Park Listed on: 11/29/2021

Last Buyer's Agent

Susan B. Padva

Space & Company License #2075279

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,183

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 25 x 150

Home Design

  • Victorian Architecture
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the upper level
  • Home Security System
  • Eat-In Kitchen

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Primary Bathroom Bathtub Only

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-03401-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,183

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Victorian
  • Reso Flooring: Cement
  • Reso Interior Features: Ceilings - 9Ft+ 2nd Flr, Dec Molding, Security System
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 25 x 150
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • General Property Info Handicap Access: No
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Kitchen Floor - Wood4: Yes
  • Living Room Built-Ins2: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full, Heated, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 3
  • Full Basement: Yes
  • Basement:Partially Finished: Yes
  • Features Interior:Security System: Yes
  • Primary Bath:Tub: Yes
  • Primary Bath Floor - Wood7: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exterior Features: Porch - Open

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 25 x 150
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 04-03401-0000-00013
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10183.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Feb 21, 2022
Sold by
Nadell Jaimee M and Miller Caitlin F
Bought by
Rebello Caroline Joan
Seller's Agent
Susan McCarthy
Diane Turton, Realtors-Asbury Park
Buyer's Agent
Susan B. Padva
Space & Company
List Price
$925,000
Sold Price
$910,000
Premium/Discount to List
-$15,000
-1.62%
Current Estimated Value
$1,172,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,763
Avg. Annual Appreciation
7.02%
Original Mortgage
$675,750
Outstanding Balance
$616,876
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$555,887

Purchase Details

Listed on
May 25, 2017
Closed on
Jul 26, 2017
Sold by
Otley David R and Lima Otley Virginia H
Bought by
Nadell Jaimee and Miller Caitlin F
Seller's Agent
James Kesling
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Susan McCarthy
Prudential Zack Shore Properties
Sold Price
$586,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$557,100
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2005
Sold by
Rosenfeld Daniel F
Bought by
Zinn Sharon
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
Rebello Caroline Joan $910,000 Seber Title
Nadell Jaimee $586,500 None Available
Zinn Sharon -- --
Zinn Sharon $514,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rebello Caroline Joan $675,750
Previous Owner Nadell Jaimee $557,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2022 02/24/22 Sold $910,000 -1.6% $552 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $925,000 +57.7% $561 / Sq Ft
07/26/2017 07/26/17 Sold $586,500 -- $355 / Sq Ft View Prior Sale
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 $14,422 $968,900 $565,700 $403,200
2024 $13,141 $911,600 $492,200 $419,400
2023 $13,141 $850,000 $313,800 $536,200
2022 $10,183 $716,700 $261,500 $455,200
2021 $10,183 $644,500 $237,700 $406,800
2020 $9,526 $604,800 $224,500 $380,300
2019 $9,120 $552,700 $213,800 $338,900
2018 $8,839 $496,000 $195,700 $300,300
2017 $8,387 $403,200 $164,300 $238,900
2016 $7,654 $357,000 $149,300 $207,700
2015 $7,357 $332,300 $144,300 $188,000
2014 $7,125 $328,800 $204,300 $124,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22137745

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03401-0000-00013