NOT LISTED FOR SALE

505 West St Long Branch, NJ 07740

Estimated Value: $621,000 - $817,601

3 Beds
2 Baths
1,960 Sq Ft
$375/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $170,000 $87 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $4,876/month

About This Home

As of December 2016

AMAZING WINTER RENTAL AT AN AFFORDABLE PRICE! Fully Furnished Winter Rental - Great Opportunity to Enjoy Local Summer, Fall, Winter and Spring in one of Long Branch's Favorite Locations. This Charming Shore Winter Rental has a Rocking Chair Front Porch for Relaxing and Features 3 Bedrooms, 2 Full Baths, an Open Floor Plan with a Spacious Kitchen and a Spacious Living Room. Close to the Beach, Great Restaurants, Music and More! Close Proximity to Sea Streak Ferry for Easy Access to NYC and NJ Transit too! Washer & Dryer, Outdoor Grill and Off Street Parking Included. Available 10/1/23 - 5/31/24.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Rabbit William and Rabbit Patricia
Bought by
Smith Tara M and Smith Bryan D
Current Estimated Value
$735,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Outstanding Balance
$333,832
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$401,818

Purchase Details

Listed on
Nov 23, 2016
Closed on
Feb 3, 2017
Sold by
Wells Fargo Bank
Bought by
Rabbitt William and Rabbitt Patricia
Seller's Agent
Todd Kessler
C21/ Charles Smith Agency
Buyer's Agent
Kaitlyn Anderson
C21/ Charles Smith Agency
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.79%
Interest Rate
4.19%

Purchase Details

Closed on
Aug 31, 2016
Sold by
Powers Kiran Llc and Cerruti Kevin
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 27, 1998
Sold by
Blake James
Bought by
Cerruti Kevin and La Pierre Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.04%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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 Buyer Sale Price Title Company
Smith Tara M $455,000 Chicago Title Insurance Co
Rabbitt William $170,000 --
Wells Fargo Bank Na -- None Available
Cerruti Kevin $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Tara M $364,000
Previous Owner Rabbitt William --
Previous Owner Curutti Kevin $10,000
Previous Owner Cerruti Kevin $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2023 11/04/23 Rented $16,452 +558.1% --
10/03/2023 10/03/23 Under Contract -- -- --
09/26/2023 09/26/23 Price Changed $2,500 -10.7% $1 / Sq Ft
09/14/2023 09/14/23 Price Changed $2,800 -6.7% $1 / Sq Ft
09/09/2023 09/09/23 Price Changed $3,000 -3.2% $2 / Sq Ft
08/06/2023 08/06/23 For Rent $3,100 0.0% --
12/09/2016 12/09/16 Sold $170,000 -- $88 / Sq Ft

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 $9,158 $647,400 $369,700 $277,700
2023 $9,158 $589,700 $324,700 $265,000
2022 $8,281 $449,700 $216,200 $233,500
2021 $8,281 $414,500 $196,200 $218,300
2020 $8,262 $395,300 $178,200 $217,100
2019 $7,740 $368,200 $161,200 $207,000
2018 $6,386 $302,100 $151,200 $150,900
2017 $6,066 $294,300 $146,200 $148,100
2016 $5,869 $290,400 $146,200 $144,200
2015 $6,302 $283,000 $92,200 $190,800
2014 $6,309 $298,600 $129,300 $169,300
Source: Public Records

Agents Affiliated with this Home

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