NOT LISTED FOR SALE

505 Monmouth Rd Allenhurst, NJ 07711

Estimated Value: $862,000 - $1,260,000

2 Beds
2.5 Baths
1,600 Sq Ft
$647/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $650,000 $406 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,592/month

18 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • No HOA
  • Attic
  • Bonus Room
  • Living Room

About This Home

As of October 2021

2 Bedroom & 2.5 Bathroom – Ranch style house on a large corner lot. This home features a living room with fireplace, extra bonus room, dining area, an updated kitchen, and rear deck. This house has been freshly painted and has a recently re-shingled roof. The house is located close to area schools, local shopping, and area recreation. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Charles Koehler

Sutton Realty Group License #0561463 Listed on: 09/17/2021

Last Buyer's Agent

Julia Queiroz

Exit For Excellence Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,801

Year Built

  • Built in 1951

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Sliding Doors
  • Living Room
  • Dining Room
  • Bonus Room
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Partial Basement
  • Crawl Space

Parking

  • No Garage
  • Driveway with Pavers
  • Paver Block

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 37-00066-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,801

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Expanded Ranch
  • Reso Interior Features: Attic, Attic - Pull Down Stairs
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1951
  • Contract Info List PriceSqFt: 393.69
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 0.23
  • General Property Info Lot Dimensions: Approximately - 104 x 96
  • General Property Info Farm: No
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • ExteriorDeck: Yes
  • Rooms Bonus Room2: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Living Room Floor - Laminate3: Yes
  • Parking Paver Block: Yes
  • Style Expanded Ranch: Yes
  • GreatFamily Room Floor - Laminate6: Yes
  • Dining Room Sliding Door3: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space, Partial, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Basement:Crawl Space: Yes
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.23
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Deck, Fence, Shed

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paver Block, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: Approximately - 104 x 96
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 37-00066-0000-00008
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9801.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2021
Sold by
Harari Michael and Harari Adam
Bought by
Harari Adam
Current Estimated Value
$1,034,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$412,001
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$622,814

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 22, 2021
Sold by
Fannie Mae
Bought by
Harari Michael and Harari Adam
Seller's Agent
Charles Koehler
Sutton Realty Group
Buyer's Agent
Julia Queiroz
Exit For Excellence Realty
List Price
$629,900
Sold Price
$650,000
Premium/Discount to List
$20,100
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%

Purchase Details

Closed on
Mar 11, 2020
Sold by
Diaz O Linda
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 29, 2001
Sold by
Buoncristiano Michael
Bought by
Diaz O Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.2%
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
Harari Adam -- Trident Abstract Title
Harari Michael $650,000 Trident Abstract Ttl Agcy Ll
Wells Fargo Bank Na $1,000 None Available
Diaz O Linda $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harari Adam $450,000
Previous Owner Diaz O Linda $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $650,000 +3.2% $406 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $629,900 -- $394 / 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 $13,981 $1,012,600 $854,300 $158,300
2024 $14,508 $962,200 $807,500 $154,700
2023 $14,508 $931,800 $781,400 $150,400
2022 $9,801 $595,200 $452,000 $143,200
2021 $9,801 $489,300 $365,600 $123,700
2020 $9,232 $455,000 $334,100 $120,900
2019 $8,171 $393,600 $273,400 $120,200
2018 $7,508 $352,000 $237,400 $114,600
2017 $7,401 $345,700 $237,400 $108,300
2016 $6,539 $274,500 $187,900 $86,600
2015 $6,402 $272,300 $187,900 $84,400
2014 $6,691 $288,900 $205,900 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22130818

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00066-0000-00008