Seller's Agent in 2023
Kenneth Rickel
Space & Company
(732) 245-4833
73 in this area
104 Total Sales
511 2nd Ave Asbury Park, NJ 07712
Estimated Value: $1,143,000 - $1,730,000
5
Beds
3.5
Baths
3,183
Sq Ft
$489/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Forced Air Zoned Heating and Cooling System
- 4-minute walk to Library Square Park
- 1 Car Detached Garage
About This Home
As of July 2023The ever-elusive move-in ready 2-family home. Prime east side location close to the beach, boardwalk & downtown. This home is on one of Asbury's most beautiful blocks. The home was renovated to the studs in 2005 and has separate utilities. The main home has 3 BR's/2.5 baths, 2 two living rooms, a formal dining room, eat-in kitchen, high-end baths, and a magnificent wrap around porch. The 3rd floor apt has 2 bedrooms, eat-in kitchen, vaulted ceilings, a large living room, laundry, and a recently redone roof deck with fantastic views. This large property is landscaped to perfection and has room for a pool. Rental history is available. The entire home just had new Hardi Board siding installed.
Last Agent to Sell the Property
Space & Company License #0893268 Listed on: 04/29/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,545
Year Built
- Built in 1900
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50 x 125
Parking
- 1 Car Detached Garage
- Off-Street Parking
Home Design
- Duplex
Interior Spaces
- 3,183 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Basement Fills Entire Space Under The House
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 04-03404-0000-00011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2023
Closed on
Jul 31, 2023
Sold by
Vail Paul James and Vail Sean Thomas
Bought by
Gronich Wendy and Gronich Steven
Seller's Agent
Kenneth Rickel
Space & Company
Buyer's Agent
Susan B. Padva
Space & Company
List Price
$1,800,000
Sold Price
$1,630,000
Premium/Discount to List
-$170,000
-9.44%
Views
237
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,936
Avg. Annual Appreciation
-2.20%
Original Mortgage
$815,000
Outstanding Balance
$799,966
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$757,098
Purchase Details
Closed on
May 22, 2020
Sold by
Vail Paul James and Vail Troy Sean
Bought by
Vail Paul James and Vail Troy Sean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,900
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 5, 2013
Sold by
Vail Paul James and Vail Troy Sean
Bought by
Vail Paul James and Vail Troy Sean
Purchase Details
Closed on
Jul 6, 2012
Sold by
Rickel Kenneth D
Bought by
Vail Paul James and Troy Sean
Purchase Details
Closed on
Oct 29, 2002
Sold by
Adao Manual
Bought by
Vail Paul and Vail John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
6.02%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gronich Wendy | $1,630,000 | Fidelity National Title | |
| Vail Paul James | -- | None Available | |
| Vail Paul James | -- | None Available | |
| Vail Paul James | -- | None Available | |
| Vail Paul James | $20,000 | None Available | |
| Vail Paul | $360,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gronich Wendy | $815,000 | |
| Previous Owner | Troy Sean T | $368,900 | |
| Previous Owner | Vail Pual James | $118,400 | |
| Previous Owner | Vail Paul James | $570,000 | |
| Previous Owner | Vail Paul James | $100,000 | |
| Previous Owner | Vail Paul James | $418,250 | |
| Previous Owner | Vail Paul | $259,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2023 07/31/23 | Sold | $1,630,000 | -3.5% | $512 / Sq Ft |
| 06/05/2023 06/05/23 | Pending | -- | -- | -- |
| 05/17/2023 05/17/23 | Price Changed | $1,689,000 | -6.2% | $531 / Sq Ft |
| 04/29/2023 04/29/23 | For Sale | $1,800,000 | -- | $566 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $16,349 | $1,312,400 | $581,300 | $731,100 |
| 2023 | $16,349 | $1,057,500 | $355,100 | $702,400 |
| 2022 | $13,842 | $934,200 | $295,900 | $638,300 |
| 2021 | $13,842 | $876,100 | $268,900 | $607,200 |
| 2020 | $12,550 | $796,800 | $255,700 | $541,100 |
| 2019 | $12,306 | $745,800 | $243,500 | $502,300 |
| 2018 | $11,904 | $668,000 | $222,800 | $445,200 |
| 2017 | $12,372 | $594,800 | $190,000 | $404,800 |
| 2016 | $11,732 | $547,200 | $175,000 | $372,200 |
| 2015 | $11,792 | $532,600 | $170,000 | $362,600 |
| 2014 | $10,187 | $470,100 | $230,000 | $240,100 |
Source: Public Records
Agents Affiliated with this Home
-
Kenneth Rickel
-
Susan B. Padva
S
Buyer's Agent in 2023
Susan B. Padva
Space & Company
(917) 750-8530
34 in this area
57 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22311314
APN: 04-03404-0000-00011
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