NOT LISTED FOR SALE

506 Oak Terrace Point Pleasant Boro, NJ 08742

Estimated Value: $504,000 - $605,000

2 Beds
2 Baths
-- Sq Ft
5,489 Sq Ft Lot

Last Sold March 22, 2018

Last sale price $299,000

Est. 86% increase in value since last sale

Current estimated payment $3,547/month

9 Days on Market

Highlights

  • Deck
  • Patio
  • Laundry Room
  • No HOA
  • Living Room
  • Shed

About This Home

As of March 2018

This home is located at 506 Oak Terrace, Point Pleasant Boro, NJ 08742 since 30 January 2018 and is currently estimated at $574,291. This property was built in 1954. 506 Oak Terrace is a home located in Ocean County with nearby schools including Point Pleasant High School, St Dominic School, and St. Peter School.

Last Agent to Sell the Property

Pamela Farmer

Coldwell Banker Realty License #0340595 Listed on: 01/30/2018

Coldwell Banker Realty

Co-Listed By

Mary Jane Farmer

Coldwell Banker Realty License #0225974

Last Buyer's Agent

Pamela Farmer

D'Amico & McConnell Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,750

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 50 x 110

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Finished Basement
  • Laundry in Basement
  • Pull Down Stairs to Attic
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Memorial Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 25-00057-0000-00045

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,750

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 1267
  • Co List Office Phone: 732-449-2777
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Attic - Pull Down Stairs
  • Year Built: 1954
  • 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
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 110
  • General Property Info Farm: No
  • Location Middle School: Memorial
  • Interior Attic - Pull Down Stairs: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Laundry Level Basement20: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 8
  • Stories: 1
  • Basement Finished: Yes
  • Other Rooms:Dining Room: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck, Patio, Shed

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 50 x 110
  • Parcel #: 25-00057-0000-00045

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4750.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
Mar 19, 2018
Sold by
Manson Kerri and Manson Ryan
Bought by
Weiss Taylor M
Seller's Agent
Pamela Farmer
Coldwell Banker Realty
Buyer's Agent
Pamela Farmer
Coldwell Banker Realty
Sold Price
$299,000
Current Estimated Value
$556,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,229
Avg. Annual Appreciation
8.69%
Original Mortgage
$305,428
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jun 30, 2015
Sold by
Fleming Matthew T and Fleming Gette A
Bought by
Mccann Kerri
Seller's Agent
Elizabeth Hughes
Pittenger Realty LLC
Buyer's Agent
Mary Jane Farmer
Coldwell Banker Realty
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$210,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2009
Sold by
Fleming Matthew T and Fleming Michael T
Bought by
Fleming Matthew T

Purchase Details

Closed on
Oct 24, 2007
Sold by
Redling Constance and Redling Edward J
Bought by
Fleming Matthew T and Fleming Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Weiss Taylor M $299,000 Old Republic National Title
Mccann Kerri $265,000 Fidelity Natl Title Ins Co
Fleming Matthew T -- None Available
Fleming Matthew T $239,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss Taylor M $306,022
Closed Weiss Taylor M $305,428
Previous Owner Mccann Kerri $210,000
Previous Owner Fleming Matthew T $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Sold $299,000 +12.8% --
07/01/2015 07/01/15 Sold $265,000 -- --
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
2024 $6,009 $274,900 $176,000 $98,900
2023 $5,886 $274,900 $176,000 $98,900
2022 $5,886 $274,900 $176,000 $98,900
2021 $5,795 $274,900 $176,000 $98,900
2020 $5,734 $274,900 $176,000 $98,900
2019 $5,657 $274,900 $176,000 $98,900
2018 $4,857 $243,200 $176,000 $67,200
2017 $4,750 $243,200 $176,000 $67,200
2016 $4,713 $243,200 $176,000 $67,200
2015 $4,657 $243,200 $176,000 $67,200
2014 $4,550 $243,200 $176,000 $67,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21803369

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00057-0000-00045