NOT LISTED FOR SALE

518 Cambridge Ave Union Beach, NJ 07735

Estimated Value: $688,851 - $765,000

4 Beds
2.5 Baths
487 Sq Ft
$1,505/Sq Ft Est. Value

Last Sold November 14, 2020

Last sale price $463,000 $951 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,881/month

25 Days on Market

Highlights

  • New Construction
  • Deck
  • No HOA
  • Custom Home
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of November 2020

BRAND NEW HOME WITH SPECTACULAR KITCHEN FEATURING GRANITE COUNTER TOPS , CUSTOM CABINETS , HARD WOOD FLOORING AND RECESSED LIGHTING . SLIDING GLASS DOORS LEADING TO 20' BY 15' DECK WITH ALL PRIVATE VIEWS . FOUR BEDROOMS , TWO AND HALF BATHROOMS . EXTRA STORAGE IN ATTIC AND WALK OUT BASEMENT . ATTACHED GARAGE EASY WALK UP TO MAIN ROOMS . BUILT TO FEMA AND BORO CODES .

Last Agent to Sell the Property

Ronald Raimondo

Key Agency Inc License #9483111 Listed on: 07/24/2020

Last Buyer's Agent

Kaycee Cavicchia

RE/MAX Revolution License #1757556

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,968

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Fenced

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Off-Street Parking

Home Design

  • New Construction
  • Custom Home
  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Schools

  • Memorial Middle 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 50-00194-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Flooring: W/W Carpet, Wood
  • New Construction: Yes
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Memorial
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • ExteriorDeck: Yes
  • Garage Oversized: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Full, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Walk-Out Access: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exterior Features: Deck, Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Off Street, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 50-00194-0000-00004
  • Zoning Description: Residential, Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Nov 11, 2020
Sold by
Ronko Developers Inc
Bought by
Ardzhevnishvili Georgy
Seller's Agent
Ronald Raimondo
Key Agency Inc
Buyer's Agent
Kaycee Cavicchia
RE/MAX Revolution
List Price
$469,900
Sold Price
$463,000
Premium/Discount to List
-$6,900
-1.47%
Current Estimated Value
$732,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,713
Avg. Annual Appreciation
9.88%
Original Mortgage
$463,000
Outstanding Balance
$412,208
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$320,505

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jul 2, 2018
Sold by
Equity Trust Co As Custodian Fbo Mayer G
Bought by
Ronko Developers Inc
Seller's Agent
Susan Montanti
Driftwood Real Estate Group
Buyer's Agent
Susan Montanti
VRI Homes
Sold Price
$50,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.25%

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jun 28, 2018
Sold by
Queen Equities Llc
Bought by
Ira Mayer Gindi
Seller's Agent
Susan Montanti
Driftwood Real Estate Group
Buyer's Agent
Susan Montanti
VRI Homes
Sold Price
$50,700

Purchase Details

Closed on
Dec 22, 2017
Sold by
Calla Holdings Llc
Bought by
Queen Equities Llc

Purchase Details

Closed on
Feb 16, 1994
Sold by
Hud
Bought by
Teresi Salvatore and Teresi Doreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6.96%
Mortgage Type
FHA
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
Ardzhevnishvili Georgy $463,000 Counsellors Title Agency Inc
Ardzhevnishvili Georgy $463,000 Counsellors Title
Ronko Developers Inc $50,700 American Land Title
Ira Mayer Gindi -- American Land Title
Queen Equities Llc -- American Land Title
Teresi Salvatore $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ardzhevnishvili Georgy $463,000
Closed Ardzhevnishvili Georgy $463,000
Previous Owner Teresi Salvatore $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2020 11/14/20 Sold $463,000 -1.5% $951 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $469,900 +826.8% $965 / Sq Ft
08/17/2018 08/17/18 Sold $50,700 -- $104 / 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 $11,968 $624,200 $217,400 $406,800
2024 $11,635 $580,400 $189,300 $391,100
2023 $11,635 $543,700 $164,600 $379,100
2022 $10,723 $479,400 $131,600 $347,800
2021 $10,723 $119,700 $119,700 $0
2020 $2,642 $105,000 $105,000 $0
2019 $2,579 $100,000 $100,000 $0
2018 $2,844 $106,000 $92,000 $14,000
2017 $2,459 $88,100 $74,200 $13,900
2016 $2,449 $87,800 $74,200 $13,600
2015 $2,547 $93,000 $80,000 $13,000
2014 $3,189 $96,000 $78,900 $17,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22025281

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 50-00194-0000-00004