NOT LISTED FOR SALE

507 Ocean Park Ave Bradley Beach, NJ 07720

Estimated Value: $746,000 - $847,000

3 Beds
1.5 Baths
1,296 Sq Ft
$613/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $300,000 $231 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $4,901/month

37 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Living Room

About This Home

As of May 2014

This home is located at 507 Ocean Park Ave, Bradley Beach, NJ 07720 since 16 January 2014 and is currently estimated at $794,214, approximately $612 per square foot. This property was built in 1902. 507 Ocean Park Ave is a home located in Monmouth County with nearby schools including Bradley Beach Elementary School and Hope Academy Charter School.

Last Agent to Sell the Property

Richard Simonsen

McNeely Agency License #8334158 Listed on: 01/16/2014

Last Buyer's Agent

James Kesling

Prudential Zack Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,985

Year Built

  • Built in 1902

Lot Details

  • 2,483

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Parking

  • No Garage
  • On-Street Parking

Schools

  • Bradley Beach Elementary And Middle School
  • Asbury Park High School

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 25x100

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00030000000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,985

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Linoleum/Vinyl, W/W Carpet, Wood
  • Year Built: 1902
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25X100
  • Location Middle School: Bradley Beach
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Garage None4: Yes
  • Kitchen Eat-In: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bath:Floor - Ceramic7: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Porch - Open
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: 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: Bradley Beach

Lot Info

  • Lot Dimensions: 25X100
  • Parcel #: 00030000000008

MLS Schools

  • Elementary School: Bradley Beach
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2014
Closed on
May 16, 2014
Sold by
Thompson Polly
Bought by
Fredericks Michelle and Fisher Elliot
Seller's Agent
Richard Simonsen
McNeely Agency
Buyer's Agent
James Kesling
Prudential Zack Shore Properties
Sold Price
$300,000
Current Estimated Value
$794,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,214
Avg. Annual Appreciation
9.01%
Original Mortgage
$240,000
Outstanding Balance
$182,961
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$611,253

Purchase Details

Closed on
Feb 1, 1999
Sold by
Ralph Michael
Bought by
Thompson Polly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,850
Interest Rate
6.78%
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
Fredericks Michelle $300,000 Surety Title Agency Coastal
Thompson Polly $95,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fredericks Michelle $240,000
Previous Owner Thompson Polly $85,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $300,000 -- $231 / 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 $6,985 $808,900 $506,300 $302,600
2024 $6,998 $761,700 $475,800 $285,900
2023 $6,998 $741,300 $477,600 $263,700
2022 $6,549 $650,300 $408,300 $242,000
2021 $6,549 $558,800 $318,900 $239,900
2020 $6,501 $532,000 $302,800 $229,200
2019 $6,934 $547,700 $400,000 $147,700
2018 $6,101 $440,800 $300,000 $140,800
2017 $5,607 $396,500 $260,000 $136,500
2016 $5,635 $403,100 $270,000 $133,100
2015 $4,383 $314,000 $270,000 $44,000
2014 $5,114 $369,500 $250,000 $119,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Richard Simonsen

    McNeely Agency

  • J

    Buyer's Agent in 2014

    James Kesling

    Prudential Zack Shore Properties

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21401835

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00030-0000-00008

New Jersey Monmouth County Bradley Beach 07720

507 Ocean Park Ave, Bradley Beach, NJ

This home is located at 507 Ocean Park Ave, Bradley Beach, NJ 07720 since 16 January 2014 and is currently estimated at $794,214, approximately $612 per square foot. This property was built in 1902. 507 Ocean Park Ave is a home located in Monmouth County with nearby schools including Bradley Beach Elementary School and Hope Academy Charter 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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