NOT LISTED FOR SALE

511 9th Ave Belmar, NJ 07719

Estimated Value: $1,429,051 - $1,795,000

4 Beds
2 Baths
2,060 Sq Ft
$787/Sq Ft Est. Value

Last Sold October 08, 2019

Last sale price $785,000 $381 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $9,690/month

219 Days on Market

Highlights

  • 2 Car Detached Garage
  • Level Lot
  • 4-minute walk to Jane Magovern's Playground
  • Oversized Parking
  • Heating System Uses Natural Gas

About This Home

As of October 2019

''PRICE REDUCTION'' Enjoy ocean breezes from this home's large entertainment front porch and expansive rear deck. This Colonial style home features 5 bedrooms & 2 full bathrooms and has ample off-street parking with a 2 bedroom & 1 bathroom rear cottage for guests or rental income. This home is located close to Silver Lake, the beach, Main Street restaurants, and area recreation.

Last Agent to Sell the Property

Anthony Nardone

Sutton Realty Group License #1110348 Listed on: 12/01/2018

Last Buyer's Agent

Michael O'Keefe

Berkshire Hathaway HomeServices Fox & Roach - Manalapan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,477

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 50 x 150
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Belmar Middle School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Seller & Tenants Personal Property
  • Assessor Parcel Number 07-00094-0000-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,477

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1903
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Belmar
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage Oversized: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Seller & Tenants Personal Property

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Off Street, Detached, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 07-00094-0000-00006
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8477.0
  • Tax Other Annual Assessment Amount: 706700.0

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2018
Closed on
Nov 12, 2019
Sold by
Keosseian Charles J
Bought by
Ballerini Alfred and Ballerini Jennifer
Seller's Agent
Anthony Nardone
Sutton Realty Group
Buyer's Agent
Michael O'Keefe
Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Sold Price
$785,000
Current Estimated Value
$1,621,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$836,763
Avg. Annual Appreciation
13.11%
Original Mortgage
$435,000
Interest Rate
3.65%

Purchase Details

Closed on
Dec 23, 2013
Sold by
Keosseian Charles
Bought by
Keosseian Charles J and Keosseian Helga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.29%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Ballerini Alfred $785,000 Foundation Title Llc
Keosseian Charles J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballerini Alfred $500,000
Closed Ballerini Alfred $426,000
Closed Ballerini Alfred $435,000
Previous Owner Keosseian Charles $938,250
Previous Owner Keosseian Charles J $675,000
Previous Owner Keosseian Charles J $23,900
Previous Owner Keosseian Charles $100,000
Previous Owner Keosseian Charles $45,000
Previous Owner Keosseian Charles $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $785,000 -- $381 / 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 $10,445 $717,900 $450,000 $267,900
2024 $10,094 $717,900 $450,000 $267,900
2023 $10,094 $717,900 $450,000 $267,900
2022 $9,742 $717,900 $450,000 $267,900
2021 $9,742 $717,900 $450,000 $267,900
2020 $9,505 $706,700 $450,000 $256,700
2019 $9,505 $706,700 $450,000 $256,700
2018 $8,728 $706,700 $450,000 $256,700
2017 $8,516 $706,700 $450,000 $256,700
2016 $8,915 $466,500 $205,000 $261,500
2015 $9,240 $481,500 $220,000 $261,500
2014 $8,930 $461,500 $200,000 $261,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21845776

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00094-0000-00006