NOT LISTED FOR SALE

518 Prospect Ave Asbury Park, NJ 07712

Estimated Value: $414,000 - $526,000

3 Beds
2 Baths
1,644 Sq Ft
$283/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $64,000 $39 Per Sq Ft

Est. 669% increase in value since last sale

Current estimated payment $3,086/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Sitting Room
  • Forced Air Heating System
  • No HOA
  • Porch
  • Dining Room

About This Home

As of March 2016

3 bedroom / 2 bathroom house with a full dining room and side entry sitting room. This house has a full basement with interior and exterior access and is located close to shopping, commuter roadways, public transportation, and shore area recreation. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Charles Koehler

Sutton Realty Group License #0561463 Listed on: 02/08/2016

Co-Listed By

Danielle OShea

Sutton Realty Group

Last Buyer's Agent

Joseph Campanella

AHS Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,613

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 32x150

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 1,644 Sq Ft Home
  • 2-Story Property
  • Sitting Room
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Asbury Park Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-01605-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,613

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 2985
  • Co List Office Phone: 732-898-9555
  • Subdivision Name: None
  • Architectural Style: Colonial
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • 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 Acreage: 0.11
  • General Property Info Lot Dimensions: 32x150
  • General Property Info Farm: No
  • Location Middle School: Asbury Park
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Rooms Sitting: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • 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: Asbury Park

Lot Info

  • Lot Dimensions: 32x150
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 04-01605-0000-00014
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2613.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2019
Sold by
518 Prospect Ave Llc
Bought by
Shimron Llc
Current Estimated Value
$491,939

Purchase Details

Closed on
Jul 11, 2017
Sold by
Schmidt Davy
Bought by
518 Prospect Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.96%

Purchase Details

Listed on
Feb 8, 2016
Closed on
Mar 14, 2016
Sold by
Fannie Mae
Bought by
Schmidt Davy
Seller's Agent
Charles Koehler
Sutton Realty Group
Buyer's Agent
Joseph Campanella
AHS Realty
Sold Price
$64,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.32%

Purchase Details

Closed on
Dec 5, 2014
Sold by
Newkirk Virginia and Santander Bank Na
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shimron Llc -- Madison Title Agency
518 Prospect Ave Llc $140,000 --
Schmidt Davy $64,000 Nrt Title Agency Llc
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shimron Llc $3,092,650
Previous Owner 518 Prospect Ave Llc --
Previous Owner 518 Prospect Ave Llc $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $64,000 -- $39 / 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 $4,873 $374,000 $119,000 $255,000
2023 $4,873 $315,200 $72,400 $242,800
2022 $3,244 $238,400 $48,300 $190,100
2021 $3,244 $205,300 $46,900 $158,400
2020 $2,772 $176,000 $44,800 $131,200
2019 $2,406 $145,800 $42,700 $103,100
2018 $2,252 $126,400 $40,600 $85,800
2017 $2,760 $132,700 $38,900 $93,800
2016 $2,646 $123,400 $36,900 $86,500
2015 $2,613 $118,000 $33,700 $84,300
2014 $2,356 $108,700 $28,700 $80,000
Source: Public Records

Agents Affiliated with this Home

  • Charles Koehler

    Seller's Agent in 2016

    Charles Koehler

    Sutton Realty Group

    (732) 996-6060

    19 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2016

    Danielle OShea

    Sutton Realty Group

  • J

    Buyer's Agent in 2016

    Joseph Campanella

    AHS Realty

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21604634

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01605-0000-00014

New Jersey Monmouth County Asbury Park 07712

518 Prospect Ave, Asbury Park, NJ

This home is located at 518 Prospect Ave, Asbury Park, NJ 07712 since 08 February 2016 and is currently estimated at $465,482, approximately $283 per square foot. This property was built in 1920. 518 Prospect Ave is a home located in Monmouth County with nearby schools including Asbury Park High School, Hope Academy Charter School, and Our Lady of Mount Carmel 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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