NOT LISTED FOR SALE

516 E Arverne Ave Ocean Gate, NJ 08740

Estimated Value: $250,000 - $311,327

2 Beds
1 Bath
760 Sq Ft
$373/Sq Ft Est. Value

Last Sold October 07, 2015

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

Est. 184% increase in value since last sale

Current estimated payment $1,797/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
  • Level Lot
  • 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
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Linoleum

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
  • Hot Water Baseboard Heater
  • 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
  • Contract Info List PriceSqFt: 144.74
  • 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
  • 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
$283,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,582
Avg. Annual Appreciation
10.79%
Original Mortgage
$96,662
Outstanding Balance
$72,785
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$210,797

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Kirk Kelly M $89,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $3,666 $223,000 $136,000 $87,000
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

    200 Total Sales

    Lawrence McCown
    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

Not Listed for Sale

Detached

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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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