NOT LISTED FOR SALE

516 E Arverne Ave Ocean Gate, NJ 08740

Estimated Value: $295,000 - $366,000

2 Beds
1 Bath
760 Sq Ft
$422/Sq Ft Est. Value

Last Sold October 07, 2015

Last sale price $100,000 $132 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $1,963/month

14 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Beamed Ceilings
  • Wood Flooring
  • No HOA
  • Enclosed patio or porch

About This Home

As of October 2015

Cute Home just blocks from Beach/Bay in Ocean Gate, 1 bedrooms, 1 bath, Living room, kitchen. Upstairs loft/bedroom and Fireplace. Great Home for 1st time buyers. Bring your buyers out!

Last Agent to Sell the Property

Lawrence McCown

Keller Williams Realty Monmouth/Ocean License #9805508 Listed on: 07/15/2015

Keller Williams Realty Monmouth/Ocean

Last Buyer's Agent

Toni Basile

Weichert Realtors-Toms River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,464

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 40 x 100
  • Landscaped with Trees

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Redwood Siding

Interior Spaces

  • 760 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • 1 Fireplace
  • Living Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • No Garage
  • Unpaved Parking

Outdoor Features

  • Enclosed patio or porch

Schools

  • Central Regional High School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00060-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,464

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Treed Lots
  • Inclusions: Stove
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Flooring: Linoleum/Vinyl, Wood
  • Reso Interior Features: Ceilings - Beamed
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Treed Lots: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Garage None4: Yes
  • Style Cape: Yes
  • Parking Unpaved: Yes
  • Kitchen Eat-In: Yes
  • Interior Ceilings - Beamed: Yes
  • Siding Redwood: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Construction Type: Redwood Siding
  • Exterior Features: Porch - Enclosed
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 22-00060-0000-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3464.0

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2015
Closed on
Sep 14, 2015
Sold by
Konopka Joseph S and Konopka Kelly M
Bought by
Escoto Eric
Seller's Agent
Lawrence McCown
Keller Williams Realty Monmouth/Ocean
Buyer's Agent
Toni Basile
Weichert Realtors-Toms River
Sold Price
$100,000
Current Estimated Value
$308,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,264
Avg. Annual Appreciation
12.09%
Original Mortgage
$96,662
Outstanding Balance
$73,916
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$233,911

Purchase Details

Closed on
Oct 24, 2002
Sold by
Funk Patricia
Bought by
Kirk Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.03%
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
Escoto Eric $100,000 Multiple
Kirk Kelly M $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escoto Eric $96,662
Previous Owner Konopka Kelly $85,000
Previous Owner Kirk Kelly M $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2015 10/07/15 Sold $100,000 -- $132 / 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
2024 $3,303 $223,000 $136,000 $87,000
2023 $3,042 $109,400 $60,700 $48,700
2022 $3,042 $109,400 $60,700 $48,700
2021 $2,912 $109,400 $60,700 $48,700
2020 $2,935 $109,400 $60,700 $48,700
2019 $2,864 $109,400 $60,700 $48,700
2018 $2,765 $109,400 $60,700 $48,700
2017 $2,744 $109,400 $60,700 $48,700
2016 $2,722 $109,400 $60,700 $48,700
2015 $3,448 $169,200 $100,000 $69,200
2014 $3,464 $169,200 $100,000 $69,200
Source: Public Records

Agents Affiliated with this Home

  • Lawrence McCown

    Seller's Agent in 2015

    Lawrence McCown

    Keller Williams Realty Monmouth/Ocean

    (732) 895-2792

    211 Total Sales

    Section Image

  • T

    Buyer's Agent in 2015

    Toni Basile

    Weichert Realtors-Toms River

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21527658

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00060-0000-00003

New Jersey Ocean County Ocean Gate 08721

516 E Arverne Ave, Ocean Gate, NJ

This home is located at 516 E Arverne Ave, Ocean Gate, NJ 08740 since 15 July 2015 and is currently estimated at $320,656, approximately $421 per square foot. This property was built in 1940. 516 E Arverne Ave is a home located in Ocean County with nearby schools including Ocean Gate Elementary School, Central Regional Middle School, and Central Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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