NOT LISTED FOR SALE

520 E Arverne Ave Ocean Gate, NJ 08740

Ocean Gate Area

Estimated Value: $356,308

2 Beds
2 Baths
1,000 Sq Ft
$356/Sq Ft Est. Value

Sale Details

Date Sold: July 15, 2016

Last sale price $165,000 $165 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,439 / mo

69 Days on Market

Highlights

  • Custom Home
  • Great Room
  • Beamed Ceilings
  • Sun or Florida Room
  • No HOA
  • Enclosed Patio or Porch

About This Home

As of July 2016

Beautiful, 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.

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 03/17/2016

RE/MAX Gateway

Last Buyer's Agent

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 03/17/2016

RE/MAX Gateway

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,440

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 40 x 100
  • Level Lot

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
  • Hot Water Baseboard Heater
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00060-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,440

Year Built

Built in 1945

Lot Details

4,008 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, AC Units, Washer, Window Treatments, Timer Thermostat, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Flooring: Laminate
  • Reso Interior Features: Ceilings - Beamed, Dec Molding, Sliding Door
  • Year Built: 1945
  • Contract Info List PriceSqFt: 165.0
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • GreatFamily Room Sliding Door4: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • General Property Info Farm: No
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • SidingAluminum: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Foyer Two Story: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Timer Thermostat: Yes
  • Included Window Treatments: Yes
  • Siding Shingle: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Foyer Floor - Laminate: Yes
  • Floors Laminate: Yes
  • Cooling Multi Units: Yes
  • Roof Sloping: Yes
  • Interior Ceilings - Beamed: Yes
  • Foyer Dec Molding2: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Great Room: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Sloping, Shingle
  • Topography: Level
  • Waterfront: No
  • Construction Type: Aluminum Siding, Shingle Siding
  • Exterior Features: Porch - Enclosed, Shed
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 22-00060-0000-00004

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3440.0

MLS Schools

  • High School: Central Regional

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Robert Lange
RE/MAX Gateway
Sold Price
$165,000
Current Estimated Value
$356,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,308
Avg. Annual Appreciation
7.83%
Original Mortgage
$162,011
Outstanding Balance
$126,195
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$230,113

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocean Gate, NJ

  • Domenica (Mimi) Krauss Real Estate Agent - Fathom Realty NJ

    Domenica (Mimi) Krauss

    Fathom Realty NJ

    (848) 400-5319

    22 Total Sales

    2 in Ocean Gate

    $306K - $545K Price Range

    Domenica (Mimi) Krauss
     Section Image
  • James La Sasso Real Estate Agent - Crossroads Realty, Inc.

    James La Sasso

    Crossroads Realty, Inc.

    (848) 279-9229

    33 Total Sales

    1 in Ocean Gate

    $315,000 Price

    James La Sasso
     Section Image
  • MaryBeth Tomaro Real Estate Agent - Keller Williams Realty Central Monmouth

    MaryBeth Tomaro

    Keller Williams Realty Central Monmouth

    (848) 301-2239

    85 Total Sales

    1 in Ocean Gate

    $815,200 Price

    MaryBeth Tomaro
     Section Image
  • Kathy Gliozzo Real Estate Agent - Compass New Jersey , LLC

    Kathy Gliozzo

    Compass New Jersey , LLC

    (732) 845-6598

    33 Total Sales

    1 in Ocean Gate

    $449,900 Price

    Kathy Gliozzo
     Section Image
  • Anthony Genovese Real Estate Agent - VRI Homes

    Anthony Genovese

    VRI Homes

    (848) 294-1903

    37 Total Sales

    1 in Ocean Gate

    $475,000 Price

    Anthony Genovese
     Section Image
  • Fran Reali Real Estate Agent - Safari Realty

    Fran Reali

    Safari Realty

    (347) 934-6719

    99 Total Sales

    1 in Ocean Gate

    $565,000 Price

    Fran Reali
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $162,011
Previous Owner Kiernan James Patrick $167,490
Previous Owner Gilligan Kelly $47,800
Previous Owner Gilligan Kelly $191,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $165,000 -- $165 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,939 $271,200 $136,000 $135,200
2025 $4,939 $271,200 $136,000 $135,200
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

  • Robert Lange Real Estate Agent - RE/MAX

    Seller's Agent in 2016

    Robert Lange

    RE/MAX

    (732) 300-4307

    298 Total Sales

    Robert Lange
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21610352

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00060-0000-00004

New Jersey Ocean County Ocean Gate 08721

520 E Arverne Ave, Ocean Gate, NJ

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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