Seller's Agent in 2016
Robert Lange
RE/MAX
(732) 300-4307
63 in this area
439 Total Sales
520 E Arverne Ave Ocean Gate, NJ 08740
Estimated Value: $330,000 - $380,342
2
Beds
2
Baths
1,000
Sq Ft
$351/Sq Ft
Est. Value
Highlights
- Custom Home
- Great Room
- Beamed Ceilings
- Sun or Florida Room
- No HOA
- Enclosed patio or porch
About This Home
As of July 2016Beautiful, quaint and charming in Ocean Gate, this home is perfect for a weekend/summer retreat or peaceful year round living. The open living room has a gas fireplace surrounded by intricate stone work, and opens up to a 3 season room off the back of the house which adds the perfect touch to balance the indoor and outdoor space. The home has 2 full baths and 2 bedrooms including a master suite with a huge walk in closet that is currently a loft concept, but could easily be walled off for more privacy. Many of the systems are newer and there are updates throughout the property. There is a newer over sized shed in the back yard and this home is located in a very quiet section of town that is only blocks from Ocean Gate's famous mile long beach and boardwalk.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,440
Year Built
- Built in 1945
Lot Details
- Lot Dimensions are 40 x 100
Home Design
- Custom Home
- Pitched Roof
- Shingle Roof
- Aluminum Siding
- Shingle Siding
Interior Spaces
- 1,000 Sq Ft Home
- 1-Story Property
- Crown Molding
- Beamed Ceilings
- Ceiling Fan
- Light Fixtures
- Wood Burning Fireplace
- Blinds
- Sliding Doors
- Great Room
- Sun or Florida Room
- Laminate Flooring
Kitchen
- Gas Cooktop
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- 2 Full Bathrooms
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Parking
- No Garage
- Driveway
- Off-Street Parking
Outdoor Features
- Enclosed patio or porch
- Exterior Lighting
- Shed
Schools
- Central Regional High School
Utilities
- Air Conditioning
- Multiple cooling system units
- Zoned Heating
- Heating System Uses Natural Gas
- Programmable Thermostat
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 22-00060-0000-00004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2016
Closed on
Jul 15, 2016
Sold by
Kiernan James Patrick and Kiernan Kelly
Bought by
Fullam James and Giordani Mary
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Robert Lange
RE/MAX Gateway
Sold Price
$165,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,031
Avg. Annual Appreciation
8.54%
Original Mortgage
$162,011
Outstanding Balance
$131,741
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$215,496
Purchase Details
Closed on
Jun 3, 2014
Sold by
Kiernan Kelly and Gilligan Kelly
Bought by
Kiernan James Patrick and Kiernan Kelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,490
Interest Rate
3.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2005
Sold by
Berry William and Berry Marian
Bought by
Gilligan Kelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,800
Interest Rate
5.35%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Oct 11, 2002
Sold by
Funk Patricia
Bought by
Berry William and Berry Marian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,050
Interest Rate
6.07%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fullam James | $165,000 | Coastline Title Agency | |
| Kiernan James Patrick | -- | None Available | |
| Gilligan Kelly | $239,000 | Pegasus Title Agency Llc | |
| Berry William | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Giordani Mary | $7,783 | |
| Open | Giordani Mary | $38,919 | |
| Open | Fullam James | $162,011 | |
| Previous Owner | Kiernan James Patrick | $167,490 | |
| Previous Owner | Gilligan Kelly | $47,800 | |
| Previous Owner | Gilligan Kelly | $191,200 | |
| Previous Owner | Berry William | $75,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2016 07/15/16 | Sold | $165,000 | -- | $165 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $4,248 | $271,200 | $136,000 | $135,200 |
| 2023 | $3,913 | $140,700 | $60,700 | $80,000 |
| 2022 | $3,913 | $140,700 | $60,700 | $80,000 |
| 2021 | $3,745 | $140,700 | $60,700 | $80,000 |
| 2020 | $3,775 | $140,700 | $60,700 | $80,000 |
| 2019 | $3,684 | $140,700 | $60,700 | $80,000 |
| 2018 | $3,555 | $140,700 | $60,700 | $80,000 |
| 2017 | $3,529 | $140,700 | $60,700 | $80,000 |
| 2016 | $3,501 | $140,700 | $60,700 | $80,000 |
| 2015 | $3,440 | $168,800 | $100,000 | $68,800 |
| 2014 | $3,455 | $168,800 | $100,000 | $68,800 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21610352
APN: 22-00060-0000-00004
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.
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Information is deemed reliable but not guaranteed.
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