NOT LISTED FOR SALE

521 Ocean Ave Unit 5 Avon By the Sea, NJ 07717

Avon-by-the-Sea Neighborhood

Estimated Value: $694,000 - $826,000

2 Beds
2 Baths
1,000 Sq Ft
$405/mo HOA Fee

Last Sold June 03, 2016

Last sale price $400,000 $400 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,681/month

74 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • End Unit
  • Avon Elementary School Rated A
  • Oceanside
  • 5-minute walk to Sylvan Lake Park

About This Home

As of June 2016

Drastic reduction for Quick sale!!Steps to the beach,ocanrfront,ocean view,entertainment at the columns restaurant and music,dancing on the boardwalk,Avon Pavilion steps from condo, Summer concerts,One of NJ finest beaches,Totally remodeled,tilt out thermopane windows,furniture included,convertible pull out couch in living room,Best location in Avon by theSea, **heat, water sewer included in maintenance fee,plenty of closet spacePET RESTRICTION,owner realtor

Last Agent to Sell the Property

Marilyn Plawner

Coldwell Banker Realty License #8632162 Listed on: 03/18/2016

Last Buyer's Agent

Melissa Gerstenfeld

Keller Williams Realty West Monmouth License #1429920

Keller Williams Realty West Monmouth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,087

Lot Details

  • Beach Front
  • End Unit

HOA Fees

  • $405 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Veneer

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Thermal Windows
  • Blinds
  • Combination Kitchen and Dining Room
  • Ceramic Tile Flooring
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Parking

  • 1 Parking Space
  • No Garage
  • Paved Parking
  • Assigned Parking

Schools

  • Avon Elementary And Middle School

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Oceanside
  • Lower Level

Listing and Financial Details

  • Assessor Parcel Number 06-00023-0000-00014-05

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include common area, exterior maint, heat, lawn maintenance, mgmt fees, sewer, snow removal, water
  • On-Site Maintenance

Recreation

  • Snow Removal

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,087

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: See Remarks, Other, Beachfront, Oceanfront, Oceanside
  • Reso Association Amenities: Professional Management, Association, Common Area
  • Reso Association Fee Includes: Common Area, Exterior Maint, Heat, Lawn Maintenance, Mgmt Fees, Sewer, Snow Removal, Water
  • Inclusions: AC Units, Window Treatments, Blinds/Shades, Dishwasher, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Lower Level, End Unit, One Level Unit, Condo
  • Reso Flooring: Tile
  • Reso Interior Features: Eat-in Kitchen
  • Property Attached Yn: Yes
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Lot Description Oceanfront2: Yes
  • Location Middle School: Avon
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Siding Brick Veneer: Yes
  • Number Appliances Included A C Units: Yes
  • Included Window Treatments: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen KitchenDine: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Butler Pantry: Yes
  • Floors Tile: Yes
  • Style End Unit: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Living Room Floor - Ceramic2: Yes
  • Style Lower Level: Yes
  • Lot Description Beachfront2: Yes
  • Special Features: None

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:Microwave: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Floor - Ceramic6: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Construction Type: Brick Veneer
  • Exterior Features: Thermal Window
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Asphalt, Assigned, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 405.41
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Association Fee Includes:Heat: Yes

Schools

  • Middle Or Junior School: Avon

Lot Info

  • Parcel #: 06-00023-0000-00014-05

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4086.67

MLS Schools

  • Elementary School: Avon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Matza Steven R and Matza Mindy R
Bought by
Ferdinando Kenneth and Ferdinando Gail
Current Estimated Value
$747,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$201,543
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$546,000

Purchase Details

Closed on
Dec 30, 2021
Bought by
Avon-By-The-Sea Condominium Association Inc

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 8, 2016
Sold by
Plawner Marilyn R and Plawner Morton A
Bought by
Matza Mindy and Matza Steven
Seller's Agent
Marilyn Plawner
Coldwell Banker Realty
Buyer's Agent
Melissa Gerstenfeld
Keller Williams Realty West Monmouth
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Interest Rate
3.66%

Purchase Details

Closed on
Jun 12, 2003
Sold by
Ruddy Margaret
Bought by
Morton Plawner and Plawner Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.45%

Purchase Details

Closed on
Oct 16, 1997
Sold by
Papandrea Denise
Bought by
Ruddy Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.48%
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
Ferdinando Kenneth $590,000 Westcor Land Title
Ferdinando Kenneth $590,000 Westcor Land Title
Avon-By-The-Sea Condominium Association Inc -- Cutolo Hubert C
Matza Mindy $400,000 --
Morton Plawner $300,000 --
Ruddy Margaret $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferdinando Kenneth $240,000
Closed Ferdinando Kenneth $240,000
Previous Owner Matza Mindy --
Previous Owner Morton Plawner $200,000
Previous Owner Ruddy Margaret $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $400,000 0.0% $400 / Sq Ft
02/15/2014 02/15/14 Rented $1,900 -91.7% --
12/10/2012 12/10/12 Rented $22,800 -- --
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 $3,883 $446,800 $162,700 $284,100
2024 $3,811 $446,800 $162,700 $284,100
2023 $3,811 $446,800 $162,700 $284,100
2022 $4,514 $446,800 $162,700 $284,100
2021 $4,514 $368,500 $122,700 $245,800
2020 $4,422 $368,500 $122,700 $245,800
2019 $4,293 $368,500 $122,700 $245,800
2018 $4,230 $368,500 $122,700 $245,800
2017 $4,190 $368,500 $122,700 $245,800
2016 $4,208 $368,500 $122,700 $245,800
2015 $4,087 $368,500 $122,700 $245,800
2014 $3,507 $328,100 $155,600 $172,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Marilyn Plawner

    Coldwell Banker Realty

  • M

    Buyer's Agent in 2016

    Melissa Gerstenfeld

    Keller Williams Realty West Monmouth

    (732) 536-9010

    Melissa Gerstenfeld
    Section Image

  • S

    Buyer's Agent in 2014

    Suzanne Beady

    Keller Williams Shore Properties

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21610420

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-00023-0000-00014-05

New Jersey Monmouth County Avon By The Sea 07717 Avon-by-the-Sea

521 Ocean Ave Unit 5, Avon By The Sea, NJ

This home is located at 521 Ocean Ave Unit 5, Avon By the Sea, NJ 07717 since 18 March 2016 and is currently estimated at $747,543, approximately $747 per square foot. 521 Ocean Ave Unit 5 is a home located in Monmouth County with nearby schools including Avon Elementary School, St. Rose Grammar School, and St Rose 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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