NOT LISTED FOR SALE

517 Ocean Gate Ave Ocean Gate, NJ 08740

Estimated Value: $325,000 - $380,000

2 Beds
1 Bath
1,460 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $78,000 $53 Per Sq Ft

Est. 359% increase in value since last sale

Current estimated payment $2,357/month

274 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Ceramic Tile Flooring
  • Attic
  • Shed
  • Fenced

About This Home

As of November 2015

Great opportunity to own in this Quaint Community!!! House features...New hot water BB heat,2 bedrooms, living room, dining room, kitchen, one bath, and laundry room. Enjoy walking the mile-long Beach & Boardwalk along the Toms River with the most spectacular sunsets!!!. Walking distance to Restaurants, shopping, and the Ocean Gate Yacht Club . Potential mixed use Res/Comm. Owner is motivated to sell!!!

Last Agent to Sell the Property

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 01/05/2015

Last Buyer's Agent

Joseph Palatnik

Weichert Realtors-Toms River License #0678955

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 20x100
  • Fenced

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Attic

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

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 22-00021-0000-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,698

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Interior Features: Attic
  • Year Built: 1950
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 20x100
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Interior Attic: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Style Cape: Yes
  • SidingBrick: Yes
  • Siding Shingle: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Brick, Shingle Siding
  • Exterior Features: Fence, Shed

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: See Remarks, Other
  • 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: 20x100
  • Parcel #: 22-00021-0000-00007
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2698.0

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2019
Sold by
Germann Robert and Raspantini Kaitlyn
Bought by
Og Rentals Llc
Current Estimated Value
$358,041

Purchase Details

Closed on
Feb 19, 2019
Sold by
Raspantini Kaitlyn
Bought by
Germann Robert and Raspantini Kaitlyn

Purchase Details

Listed on
Jan 5, 2015
Closed on
Nov 6, 2015
Sold by
Larusso Anthony La
Bought by
Raspantini Kaitlyn
Seller's Agent
Michael Loundy
Seaside Heights Realty Inc.
Buyer's Agent
Joseph Palatnik
Weichert Realtors-Toms River
Sold Price
$78,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%
Original Mortgage
$62,400
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2014
Sold by
Larusso Joann
Bought by
Laursso Anthony

Purchase Details

Closed on
Jun 24, 2004
Sold by
Blumberg Rita
Bought by
Larusso Joann

Purchase Details

Closed on
Mar 20, 1996
Sold by
Federal National Mortgage Association
Bought by
Blumberg Rita
Source: Public Records

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Range of Values:

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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
Og Rentals Llc $107,978 None Available
Germann Robert $53,989 None Available
Raspantini Kaitlyn $78,000 Counsellors Title Agency Inc
Laursso Anthony -- None Available
Larusso Joann $160,000 None Available
Blumberg Rita $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raspantini Kaitlyn $108,750
Previous Owner Raspantini Kaitlyn $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $78,000 -- $53 / 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 $4,353 $249,800 $112,000 $137,800
2023 $4,010 $144,200 $56,500 $87,700
2022 $4,010 $144,200 $56,500 $87,700
2021 $3,839 $144,200 $56,500 $87,700
2020 $3,128 $116,600 $56,500 $60,100
2019 $3,053 $116,600 $56,500 $60,100
2018 $2,946 $116,600 $56,500 $60,100
2017 $2,924 $116,600 $56,500 $60,100
2016 $2,901 $116,600 $56,500 $60,100
2015 $2,935 $144,000 $85,000 $59,000
2014 $2,698 $144,000 $85,000 $59,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Loundy

    Seller's Agent in 2015

    Michael Loundy

    Seaside Heights Realty Inc.

    (732) 330-6651

    277 Total Sales

    Michael Loundy
    Section Image

  • J

    Buyer's Agent in 2015

    Joseph Palatnik

    Weichert Realtors-Toms River

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21500491

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00021-0000-00007

New Jersey Ocean County Ocean Gate 08740

517 Ocean Gate Ave, Ocean Gate, NJ

This home is located at 517 Ocean Gate Ave, Ocean Gate, NJ 08740 since 05 January 2015 and is currently estimated at $358,041, approximately $245 per square foot. This property was built in 1950. 517 Ocean Gate 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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