$550,000
SOLD MAY 25, 2023 RENTED NOV 1, 2024

505 Myrtle Ave Allenhurst, NJ 07711

2 Beds
1 Bath
638 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$862 Per Sq Ft

8% Below List Price

23 Days on Market

Highlights

  • Water Views
  • 4-minute walk to Allenhurst
  • Central Air
  • No HOA
  • Covered patio or porch
  • 5-minute walk to Terrence J. Bolan Park

About This Home

As of May 2023

Location, Location, Location! Offering this 2 bedroom bungalow with an eat-in kitchen & covered front porch, less than a mile to the beach, walking distance to downtown Allenhurst & train station, close proximity to Asbury Park and all major roadways.

Last Agent to Sell the Property

James Valente

NextHome Nexus Realty Group License #1647860 Listed on: 04/22/2023

NextHome Nexus Realty Group

Last Buyer's Agent

Abby Scheer

G & G Agency Inc License #7844783

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,857

Year Built

  • Built in 1905

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40 x 85

Home Design

  • Shingle Roof

Interior Spaces

  • 638 Sq Ft Home
  • 1-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

  • No Home Owners Association
  • Deal Beach Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37-00062-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,857

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Deal Beach Ests
  • Architectural Style: Ranch
  • Year Built: 1905
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.08
  • General Property Info Lot Dimensions: 40 x 85
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Style Ranch: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.08
  • Waterfront: No
  • Exterior Features: Porch - Covered
  • Features Exterior:Porch Covered: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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: 40 x 85
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 37-00062-0000-00002

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7857.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
May 25, 2023
Sold by
Surmonte James J
Bought by
505 Myrtle Ave Llc
Seller's Agent
Abby Scheer
G & G Agency Inc
Buyer's Agent
Abby Scheer
G & G Agency Inc
Sold Price
$12,000
Views
43
Current Estimated Value
$685,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,270
Avg. Annual Appreciation
10.66%

Purchase Details

Closed on
May 23, 2020
Sold by
Surmonte James J
Bought by
Surmonte James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2017
Sold by
Parratt Stephen W and Parratt Philip E
Bought by
Surmonte James J and Surmonte Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,920
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2016
Sold by
Parratt Stephen W
Bought by
Parratt Stephen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 1999
Sold by
Ray Peggy Morton
Bought by
Parratt Stephen and Haynes Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,700
Interest Rate
7.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $550,000 Oceanview Title
Interfamily Deed Transfer -- Trident Abstract Ttl Agcy Ll
Deed $2,299,000 None Available
Interfamily Deed Transfer -- None Available
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 New Conventional
Previous Owner $15,000 New Conventional
Previous Owner $183,920 New Conventional
Previous Owner $176,000 New Conventional
Previous Owner $179,000 New Conventional
Previous Owner $77,700 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Rented $1,600 0.0% --
10/31/2024 10/31/24 Under Contract -- -- --
10/09/2024 10/09/24 Price Changed $1,600 -11.1% $3 / Sq Ft
08/08/2024 08/08/24 For Rent $1,800 -85.0% --
06/22/2023 06/22/23 Rented $12,000 -20.0% --
06/16/2023 06/16/23 Under Contract -- -- --
06/08/2023 06/08/23 Price Changed $15,000 -16.7% $24 / Sq Ft
06/02/2023 06/02/23 Price Changed $18,000 +125.0% $28 / Sq Ft
05/31/2023 05/31/23 For Rent $8,000 0.0% --
05/25/2023 05/25/23 Sold $550,000 -8.3% $862 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $599,999 -- $940 / 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
2024 $11,769 $546,300 $484,600 $61,700
2023 $11,769 $755,900 $695,900 $60,000
2022 $8,078 $445,400 $388,300 $57,100
2021 $8,078 $403,300 $350,700 $52,600
2020 $7,562 $372,700 $315,700 $57,000
2019 $7,121 $343,000 $286,300 $56,700
2018 $6,408 $300,400 $246,300 $54,100
2017 $6,447 $301,100 $250,000 $51,100
2016 $5,219 $219,100 $195,000 $24,100
2015 $4,885 $218,400 $195,000 $23,400
2014 $5,304 $239,800 $215,000 $24,800
Source: Public Records

Agents Affiliated with this Home

  • Abby Scheer

    Seller's Agent in 2024

    Abby Scheer

    G & G Agency Inc

    (908) 489-8170

    1 in this area

    34 Total Sales

    Abby Scheer
    Section Image
  • Renald Charles

    Buyer's Agent in 2024

    Renald Charles

    RE/MAX

    (732) 795-9500

    4 Total Sales

    Renald Charles
    Section Image

  • J

    Seller's Agent in 2023

    James Valente

    NextHome Nexus Realty Group

    (908) 489-5246

    2 in this area

    16 Total Sales

    James Valente
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22310605

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00062-0000-00002

New Jersey Monmouth County Allenhurst 07711

505 Myrtle Ave, Allenhurst, NJ

This home is located at 505 Myrtle Ave, Allenhurst, NJ 07711 and is currently priced at $550,000, approximately $862 per square foot. This property was built in 1905. 505 Myrtle Ave is a home located in Monmouth County with nearby schools including Ocean Township High School, Hope Academy Charter School, and St. Mary of the Assumption School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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