NOT LISTED FOR SALE

514 1st Ave Unit 101 Asbury Park, NJ 07712

Estimated Value: $772,000 - $1,386,000

3 Beds
3.5 Baths
2,229 Sq Ft
$468/mo HOA Fee

Last Sold June 29, 2016

Last sale price $415,000 $186 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $6,823/month

149 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • Bonus Room
  • Deck
  • Main Floor Primary Bedroom
  • 3-minute walk to Library Square Park

About This Home

As of June 2016

Rare find 3br/3.5 bath condo perfectly situated 4 blks between the beach & the downtown.Built in 2008, feat open concept living area, hardwd flrs, plntation shutters, gas FP,sleek kitch wth granite countertps & brkfst bar,SS Kitchn Aide appliances. Both br on 1st flr hve en suite bthrms with vessel sink & ceramic tile. Dwnstairs offers full height ceiling, a spacious den area, 3rd bdrm & full bath. Lower lvl has a private entrance. Attractive patio & off street parking. This is a perfect year round residence as well as a second home. Plenty of space for family & friends.

Last Agent to Sell the Property

Susan McCarthy

Diane Turton, Realtors-Spring Lake License #0446528 Listed on: 11/30/2015

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,356

Year Built

  • Built in 2008

Lot Details

  • Landscaped

HOA Fees

  • $468 Monthly HOA Fees

Home Design

  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,229 Sq Ft Home
  • 2-Story Property
  • Light Fixtures
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Great Room
  • Den
  • Bonus Room
  • Intercom

Kitchen

  • New Kitchen
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Asbury Park Middle School

Utilities

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

Listing and Financial Details

  • Exclusions: tenants personal possessions
  • Assessor Parcel Number 04-03304-0000-00002-01

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, exterior maint, fire/liab, lawn maintenance, mgmt fees, snow removal
  • The Villas On First Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,356

Year Built

Built in 2008

Lot Details

0

HOA Fees

$468 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Professional Management, Association, Landscaping
  • Reso Association Fee Includes: Trash, Exterior Maint, Fire/Liab, Lawn Maintenance, Mgmt Fees, Snow Removal
  • Inclusions: Washer, Window Treatments, Dishwasher, Dryer, Light Fixtures, Self/Con Clean, Refrigerator, Screens, Intercom
  • Subdivision Name: The Villas On First
  • Architectural Style: Condo, Other - See Remarks, Detached
  • Reso Interior Features: Den
  • New Construction: No
  • Year Built: 2008
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Exterior Maint: Yes
  • Location Middle School: Asbury Park
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Interior Den: Yes
  • Included Light Fixtures: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Common Elements Landscaping: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Rooms Bonus Room2: Yes
  • Included SelfCon Clean: Yes
  • Basement Heated: Yes
  • Style Detached2: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Water Heater Tank: Yes
  • Roof Sloping: Yes
  • Included Intercom: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Finished, Full, Full Finished, Heated
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Great Room: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Sloping, Shingle
  • Waterfront: No
  • Exclusions: tenants personal possessions
  • Exterior Features: Deck, Porch - Open
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Off Street
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 468.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Parcel #: 04-03304-0000-00002-01
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 8356.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2015
Closed on
Jul 11, 2016
Sold by
Edmonds Jeffery and Edmonds Rosellen Edmonds
Bought by
Jebb Brian D
Seller's Agent
Susan McCarthy
Diane Turton, Realtors-Spring Lake
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$415,000
Current Estimated Value
$985,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,846
Avg. Annual Appreciation
9.89%
Original Mortgage
$332,000
Outstanding Balance
$264,297
Interest Rate
3.41%
Estimated Equity
$721,549
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
Jebb Brian D $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jebb Brian D $332,000
Closed Jebb Brian D --
Previous Owner Edmonds Scott L $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2016 06/29/16 Sold $415,000 0.0% $186 / Sq Ft
04/01/2015 04/01/15 Rented $2,600 -91.2% --
02/15/2013 02/15/13 Rented $29,400 +88.5% --
05/01/2012 05/01/12 Rented $15,600 -- --
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 $11,927 $806,600 $242,000 $564,600
2024 $10,595 $753,900 $226,200 $527,700
2023 $10,595 $685,300 $205,600 $479,700
2022 $8,949 $623,000 $186,900 $436,100
2021 $8,949 $566,400 $169,900 $396,500
2020 $8,496 $539,400 $161,800 $377,600
2019 $8,092 $490,400 $147,100 $343,300
2018 $7,944 $445,800 $133,700 $312,100
2017 $8,624 $414,600 $124,400 $290,200
2016 $8,531 $397,900 $119,400 $278,500
2015 $8,637 $390,100 $128,700 $261,400
2014 $9,177 $423,500 $139,800 $283,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21544561

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03304-0000-00002-01-C1101