NOT LISTED FOR SALE

514 Narragansette Ave Ocean Gate, NJ 08740

Estimated Value: $309,000 - $375,000

2 Beds
1 Bath
-- Sq Ft
3,006 Sq Ft Lot

Last Sold October 02, 2018

Last sale price $160,000

Est. 111% increase in value since last sale

Current estimated payment $2,120/month

281 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Laundry Room
  • No HOA
  • Living Room
  • Shed

About This Home

As of October 2018

CALLING ALL BUYERS! This immaculately kept, cozy little Beach Cottage with honey bamboo floors and lots of natural light is perfect as a summer vacation home or investment property. Located in a quiet neighborhood just a short stroll to Ocean Gate beach and a short drive to Route 9/GSP. Come discover beautiful and affordable Jersey Shore living.

Last Agent to Sell the Property

Patrick Meehan

RE/MAX New Beginnings Realty-Toms River Listed on: 12/04/2017

Last Buyer's Agent

Patrick Meehan

C21/ Lacey Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,155

Lot Details

  • Lot Dimensions are 30 x 100
  • Fenced

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Portable Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • Unpaved Parking

Outdoor Features

  • Shed

Schools

  • Ocean Gate Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00073-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,155

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Counter Top Range, Dishwasher, Dryer, Microwave, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Ceramic Tile, Wood
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 30 x 100
  • Location Middle School: Central Reg Middle
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • Parking Unpaved: Yes
  • Style CottageBungalow: Yes
  • Included Counter Top Range: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • 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

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Fence, Shed

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Unpaved, None
  • General Property Info:Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 30 x 100
  • Parcel #: 22-00073-0000-00008
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3155.0

MLS Schools

  • Elementary School: Ocean Gate
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2017
Closed on
Oct 2, 2018
Sold by
Festa Lisa A
Bought by
Applegate Nancy E
Seller's Agent
Patrick Meehan
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
Patrick Meehan
C21/ Lacey Realty
Sold Price
$160,000
Current Estimated Value
$337,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,341
Avg. Annual Appreciation
11.18%

Purchase Details

Closed on
Sep 30, 2004
Sold by
Leary Brenda J
Bought by
Festa Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,625
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2003
Sold by
Braun Ann M
Bought by
Leary Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,050
Interest Rate
6.22%
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
Applegate Nancy E $160,000 Surety Title Agcy Coastal
Festa Lisa A $197,500 Old Republic National Title
Leary Brenda J $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Festa Lisa A $187,625
Previous Owner Leary Brenda J $133,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2018 10/02/18 Sold $160,000 -- --
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 $3,982 $242,200 $129,000 $113,200
2024 $3,828 $242,200 $129,000 $113,200
2023 $3,526 $126,800 $56,000 $70,800
2022 $3,526 $126,800 $56,000 $70,800
2021 $3,375 $126,800 $56,000 $70,800
2020 $3,402 $126,800 $56,000 $70,800
2019 $3,320 $126,800 $56,000 $70,800
2018 $3,204 $126,800 $56,000 $70,800
2017 $3,180 $126,800 $56,000 $70,800
2016 $3,155 $126,800 $56,000 $70,800
2015 $3,571 $175,200 $92,500 $82,700
2014 $3,586 $175,200 $92,500 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21745246

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00073-0000-00008