NOT LISTED FOR SALE

505 3rd Ave Asbury Park, NJ 07712

Estimated Value: $1,153,000 - $1,346,000

4 Beds
3.5 Baths
-- Sq Ft
3,746 Sq Ft Lot

Last Sold March 31, 2017

Last sale price $630,000

Est. 96% increase in value since last sale

Current estimated payment $7,877/month

17 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • Balcony
  • Deck
  • No HOA
  • 4-minute walk to Library Square Park

About This Home

As of March 2017

Luxury living on the East side of Asbury. Close to the beach and downtown this four bedroom, 3.5 bath house was custom built in 2009 and shows like new. New swimming pool + paver patio installed in 2016. Living room and Great room both have gas fireplaces. Open floor plan, two master suites, and hardwood floors, are just a few of the features in this bright sunny home. A covered porch, large balcony, rear deck and a patio provide great outdoor entertaining. This is truly a turn key home.

Last Agent to Sell the Property

Kenneth Rickel

Berkshire Hathaway HomeServices Signature Properties Listed on: 01/16/2017

Last Buyer's Agent

Susan McCarthy

Prudential Zack Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,257

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 25 x 150
  • Fenced
  • Sprinkler System

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Light Fixtures
  • 2 Fireplaces
  • Gas Fireplace
  • Blinds
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Vinyl Pool
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Asbury Park Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-03401-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,257

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Vinyl
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 2009
  • 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
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 25 x 150
  • Location Middle School: Asbury Park
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Pool Vinyl2: Yes
  • Included Security System2: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Exterior Security System3: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 3
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Balcony, Deck, Fence, Patio, Porch - Open, Security System, Sprinkler Under, Storm Door(s)

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 25 x 150
  • Parcel #: 04-03401-0000-00014
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8257.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2017
Closed on
Mar 27, 2017
Sold by
Knodel Paul
Bought by
Pratt Abimbola and Schundler Rebecca
Seller's Agent
Kenneth Rickel
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Susan McCarthy
Prudential Zack Shore Properties
Sold Price
$630,000
Current Estimated Value
$1,231,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,922
Avg. Annual Appreciation
8.07%
Original Mortgage
$504,000
Outstanding Balance
$418,829
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$813,093

Purchase Details

Closed on
Jun 6, 2011
Sold by
Zinn Sharon and Zinn William
Bought by
Knodel Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,617
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2005
Sold by
Rosenfeld Daniel F
Bought by
Zinn Sharon and Zinn William
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
Pratt Abimbola $630,000 None Available
Knodel Paul $449,000 Westcor Land Title Ins Co
Zinn Sharon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pratt Abimbola $504,000
Previous Owner Knodel Paul $437,617
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $630,000 -- --
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 $16,613 $1,103,900 $565,700 $538,200
2024 $14,727 $1,050,100 $492,200 $557,900
2023 $14,727 $952,600 $313,800 $638,800
2022 $11,747 $842,000 $261,500 $580,500
2021 $11,747 $743,500 $237,700 $505,800
2020 $10,984 $697,400 $224,500 $472,900
2019 $10,537 $638,600 $213,800 $424,800
2018 $10,197 $572,200 $195,700 $376,500
2017 $8,803 $423,200 $164,300 $258,900
2016 $8,257 $385,100 $149,300 $235,800
2015 $8,336 $376,500 $144,300 $232,200
2014 $7,795 $359,700 $204,300 $155,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21701858

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03401-0000-00014