NOT LISTED FOR SALE

516 Palmer Ave Allenhurst, NJ 07711

Estimated Value: $1,001,000 - $1,342,000

3 Beds
1.5 Baths
1,755 Sq Ft
$675/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $860,000 $490 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,125/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Mud Room
  • Deck
  • Attic
  • No HOA

About This Home

As of January 2022

Opportunity to get into West Allenhurst. 3/4 mile to Atlantic Ocean & beach club. Features hardwood floors throughout, fireplace, formal dining room plus a possible home office off living room, thermal pane windows, huge deck & full basement. Come see for yourself. With a little updating you'll be bragging about your new home.

Last Agent to Sell the Property

Timothy Siciliano

Gavin Agency Listed on: 11/13/2021

Last Buyer's Agent

Robin Sabbagh

Irwin Leventer Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,717

Lot Details

  • Lot Dimensions are 50x103
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Wood Burning Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Office
  • Attic
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Wanamassa Elementary School
  • Ocean Middle School
  • Ocean Twp High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Refrigerator ,Clothes Washer and Dryer
  • Assessor Parcel Number 37-00062-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,717

Lot Details

5,140 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Interior Features: Attic, Dec Molding
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50x103
  • Location Middle School: Ocean
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Exterior Thermal Window: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Eat-In: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Foyer Dec Molding2: Yes
  • SidingStucco: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exclusions: Refrigerator ,Clothes Washer and Dryer
  • Exterior Features: Deck, Thermal Window, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant, Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Ocean

Lot Info

  • Lot Dimensions: 50x103
  • Parcel #: 37-00062-0000-00008
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10717.0

MLS Schools

  • Elementary School: Wanamassa
  • High School: Ocean Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Jan 11, 2022
Sold by
James Valente
Bought by
Cohen Morris
Seller's Agent
Timothy Siciliano
Gavin Agency
Buyer's Agent
Robin Sabbagh
Irwin Leventer Real Estate Inc
List Price
$799,900
Sold Price
$860,000
Premium/Discount to List
$60,100
7.51%
Current Estimated Value
$1,184,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,405
Avg. Annual Appreciation
8.18%
Original Mortgage
$688,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1994
Sold by
Estate Of Yetta Kramer
Bought by
Valente James and Valente Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.49%
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
Cohen Morris $860,000 Old Republic Title
Valente James $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Morris $688,000
Previous Owner Valente James $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2022 01/20/22 Sold $860,000 +7.5% $490 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $799,900 -- $456 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $12,496 $908,400 $739,500 $168,900
2024 $13,390 $860,000 $697,000 $163,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Timothy Siciliano

    Gavin Agency

  • R

    Buyer's Agent in 2022

    Robin Sabbagh

    Irwin Leventer Real Estate Inc

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22136726

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00062-0000-00008

New Jersey Monmouth County Allenhurst 07711

516 Palmer Ave, Allenhurst, NJ

Not Listed for Sale

Detached

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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