NOT LISTED FOR SALE

51 Valentine St Unit 7B Monmouth Beach, NJ 07750

Estimated Value: $467,750 - $533,000

1 Bed
1 Bath
862 Sq Ft
$430/mo HOA Fee

Last Sold April 22, 2020

Last sale price $290,000 $336 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,423/month

13 Days on Market

Highlights

  • Concrete Pool
  • Home fronts a creek
  • Property near a lagoon
  • Monmouth Beach School District Rated A
  • River View
  • Creek On Lot

About This Home

As of April 2020

Spectacular views from this first floor, direct waterfront condo! Enjoy amazing sunsets over the Shrewsbury River from any of the newly installed balcony, living room or master bedroom. This spacious unit has an abundance of storage uncommon to one bedroom units, including a private bonus closet outside and common area racks for kayaks. Enjoy a paddle out to the river or take the short two block trip to the beach. The common area also features a pool, that sits mere feet from the water, perfect for a relaxing day or to host a group, and a tennis court. Including gleaming hardwood floors and newly painted throughout, this condo is filled with an abundance of natural light and is ideal as either a year around home or a quiet retreat whenever the water beckons. Proximate to the vibrant Sea Bright and Long Branch, NYC Ferry and Trains, this condo is located perfectly to enjoy all that the shore has to offer. All room sizes are approximate and square footage is taken from tax records.

Last Agent to Sell the Property

Patrick Hunter

Heritage House Sotheby's International Realty License #1642767 Listed on: 02/28/2020

Heritage House Sotheby's International Realty

Last Buyer's Agent

Frank Delaney

O'Brien Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,120

Year Built

  • Built in 1975

Lot Details

  • Home fronts a creek
  • Home fronts a lagoon or estuary
  • River Front
  • End Unit
  • Street terminates at a dead end

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 862 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room
  • Wood Flooring
  • River Views
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • No Garage
  • Visitor Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Property near a lagoon
  • Creek On Lot
  • Balcony

Location

  • Lower Level

Schools

  • Monmouth Beach Elementary And Middle School
  • Shore Reg High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Radiant Heating System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 34-00054-0000-00006-0006

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include common area, exterior maint, fire/liab, lawn maintenance, mgmt fees, pool
  • Sands Point S Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,120

Year Built

Built in 1975

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Creek, Dead End Street, Lagoon, Riverfront, Riverview
  • ResoPoolFeatures: Common, Concrete, Fenced, In Ground
  • Reso Association Amenities: Tennis Court, Professional Management, Association, Swimming, Pool, Common Area
  • Reso Association Fee Includes: Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Mgmt Fees, Pool
  • Inclusions: AC Units, Washer, Blinds/Shades, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Freezer
  • Subdivision Name: Sands Point S
  • Architectural Style: Lower Level, End Unit, One Level Unit
  • Reso Interior Features: Balcony, Sliding Door
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1975
  • Contract Info List PriceSqFt: 346.87
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Farm: No
  • Location Middle School: Monmouth Beach
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Screens: Yes
  • Pool Fenced: Yes
  • Kitchen Floor - Wood4: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Cooling Multi Units: Yes
  • Style End Unit: Yes
  • Lot Description Riverfront2: Yes
  • Parking Visitor: Yes
  • Pool Concrete2: Yes
  • Lot Description Creek2: Yes
  • Water Type Riverview: Yes
  • Style Lower Level: Yes
  • Water Type Creek: Yes
  • Lot Description Riverview2: Yes
  • Energy Features:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Freezer: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Tub: Yes
  • Primary Bath Whirlpool: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Creek, Lagoon, Riverview
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Off Street, Visitor, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Radiant, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association Fee: 430.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Schools

  • Middle Or Junior School: Monmouth Beach

Lot Info

  • Parcel #: 34-00054-0000-00006-0006
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3120.0

MLS Schools

  • Elementary School: Monmouth Beach
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 22, 2020
Sold by
Garfinkel Dean and Poach Donna
Bought by
Moro Edward V and Moro Edward V
Seller's Agent
Patrick Hunter
Heritage House Sotheby's International Realty
Buyer's Agent
Frank Delaney
O'Brien Realty, LLC
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$502,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,188
Avg. Annual Appreciation
10.28%
Original Mortgage
$217,500
Outstanding Balance
$192,313
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$309,875

Purchase Details

Closed on
Feb 11, 2020
Sold by
7B Valentine Llc
Bought by
Garfinkel Dean and Poach Donna

Purchase Details

Closed on
Jan 10, 2019
Sold by
Garfinkel Dean and Poach Donna
Bought by
7B Valentine Llc

Purchase Details

Listed on
Mar 1, 2012
Closed on
Mar 30, 2012
Sold by
Mann Phyllis C
Bought by
Garfinkel Dean and Poach Donna
Seller's Agent
Caroline Murphy
Gloria Nilson & Co. Real Estate
Buyer's Agent
Brian Gailbreath
Murphy Realty Preferred Homes
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Jun 28, 2000
Sold by
Fragassi Thomas
Bought by
Mann Phyllis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moro Edward V $290,000 Mega Title Llc
Garfinkel Dean -- Greenlable Title
7B Valentine Llc -- None Available
Garfinkel Dean $220,000 None Available
Mann Phyllis $128,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moro Edward V $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2020 04/22/20 Sold $290,000 -3.0% $336 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $299,000 0.0% $347 / Sq Ft
02/28/2014 02/28/14 Rented $19,200 -5.9% --
07/15/2012 07/15/12 Rented $20,400 0.0% --
03/30/2012 03/30/12 Sold $220,000 -- $183 / Sq Ft View Prior Sale
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 $4,186 $465,200 $345,000 $120,200
2024 $4,186 $417,300 $305,000 $112,300
2023 $4,186 $406,400 $313,000 $93,400
2022 $3,653 $329,800 $240,000 $89,800
2021 $3,653 $287,800 $200,000 $87,800
2020 $3,405 $277,700 $185,000 $92,700
2019 $3,120 $259,600 $170,000 $89,600
2018 $3,159 $257,000 $170,000 $87,000
2017 $3,225 $254,300 $170,000 $84,300
2016 $3,138 $237,200 $155,000 $82,200
2015 $2,998 $238,500 $160,000 $78,500
2014 $3,640 $280,000 $200,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22008118

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00054-0000-00006-06