NOT LISTED FOR SALE

508 8th Ave Belmar, NJ 07719

Estimated Value: $1,328,000 - $1,677,000

4 Beds
3 Baths
1,804 Sq Ft
$791/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $825,000 $457 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $8,275/month

129 Days on Market

Highlights

  • Deck
  • Shore Colonial Architecture
  • No HOA
  • Wood Flooring
  • Mud Room
  • 3-minute walk to Jane Magovern's Playground

About This Home

As of November 2018

Here's the beach house you've been waiting for! Charming 4 BEDROOM 3 FULL BATH, seashore colonial is ready for a new family. Large rocking chair FRONT PORCH~ great place to make memories with friends and family. Spacious living room and updated kitchen. Interior is newly painted. CENTRAL A/C. Fenced in 50 X 150 LOT with well manicured landscaping. Large driveway, plenty of parking. Convenient to Silver Lake, beach and downtown for restaurants and shopping. This home is well maintained and ready for year round or as a second home...but be ready you won't want to leave!

Last Agent to Sell the Property

Jean Groome

Berkshire Hathaway HomeServices Signature Properties Listed on: 05/28/2018

Berkshire Hathaway HomeServices Signature Properties

Co-Listed By

Mabel T. Levine

Berkshire Hathaway HomeServices Signature Properties

Last Buyer's Agent

Christine McGrory

Diane Turton, Realtors-Wall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,317

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 50 x 150
  • Fenced
  • Level Lot

Parking

  • Driveway

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Awning
  • Window Screens
  • Mud Room
  • Living Room
  • Home Office
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Belmar Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: washer and dryer
  • Assessor Parcel Number 07-00074-0000-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,317

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 2635
  • Co List Office Phone: 732-449-6200
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator, Screens, Awnings
  • Subdivision Name: None
  • Architectural Style: Shore Colonial
  • Reso Interior Features: Attic - Other
  • Year Built: 1903
  • 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: 50 x 150
  • Location Middle School: Belmar
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Exterior Thermal Window: Yes
  • Included Screens: Yes
  • ExteriorDeck: Yes
  • Kitchen Floor - Laminate2: Yes
  • Style Shore Colonial: Yes
  • Included Awnings: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exclusions: washer and dryer
  • Exterior Features: Deck, Fence, Porch - Open, Thermal Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • 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

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 07-00074-0000-00018
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7317.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2018
Closed on
Nov 14, 2018
Sold by
Keating Sean and Keating Julie
Bought by
Koller Shella M
Seller's Agent
Jean Groome
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Christine McGrory
Diane Turton, Realtors-Wall
Sold Price
$825,000
Current Estimated Value
$1,427,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,824
Avg. Annual Appreciation
7.94%
Original Mortgage
$618,750
Outstanding Balance
$544,066
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$883,758

Purchase Details

Closed on
Sep 28, 2005
Sold by
Nielsen Margaret
Bought by
Keating Sean and Keating Julie

Purchase Details

Closed on
Nov 13, 2001
Sold by
Noto Michael
Bought by
Nielsen Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.7%
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
Koller Shella M $825,000 Surety Title Agency Coastal
Keating Sean $635,508 --
Nielsen Margaret $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koller Shella M $618,750
Previous Owner Nielsen Margaret $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $825,000 -- $457 / 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 $10,582 $727,300 $450,000 $277,300
2024 $8,537 $727,300 $450,000 $277,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21820872

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00074-0000-00018