NOT LISTED FOR SALE

525 E Point Pleasant Ave Ocean Gate, NJ 08740

Estimated Value: $377,000 - $419,282

3 Beds
1 Bath
900 Sq Ft
$440/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $280,000 $311 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,560/month

27 Days on Market

Highlights

  • Bay View
  • Gazebo
  • 1 Car Detached Garage
  • No HOA
  • Oversized Lot
  • Oversized Parking

About This Home

As of August 2021

This desirable, waterfront community of Ocean Gate is charming, and this outside oasis is blocks away from the water. With three bedrooms, a modern kitchen including stainless steel appliances with open concept living and vaulted ceilings, this updated home is a great place to entertain. The landscaping is immaculate. The large fenced in backyard includes two separate areas to entertain and enough space to add whatever your heart desires. The detached garage can be used for many things including gym equipment and/or storage. The attic and its pull down stairs provides additional storage options covering the back part of the house.

Last Agent to Sell the Property

Gregory Calabro

Keller Williams Realty Spring Lake License #2078146 Listed on: 06/10/2021

Keller Williams Realty Spring Lake

Last Buyer's Agent

Joseph Barrett

Realty One Group Emerge License #1430106

Realty One Group Emerge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1958

Lot Details

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

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Bay Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Gazebo

Schools

  • Ocean Gate Elementary School
  • Central Reg Middle School
  • Central Regional High 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

  • Exclusions: Shed. But negotiable.
  • Assessor Parcel Number 22-00063-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,588

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: AC Units, Washer, Dishwasher, Dryer, Microwave, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch
  • Reso Interior Features: Attic - Pull Down Stairs, Bay/Bow Window
  • New Construction: No
  • Year Built: 1958
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • 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
  • General Property Info Farm: No
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Number Appliances Included A C Units: Yes
  • Interior BayBow Window: Yes
  • Style Ranch: Yes
  • Parking Oversized2: Yes
  • Exterior Gazebo: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exclusions: Shed. But negotiable.
  • Exterior Features: Fence, Gazebo
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: 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: Central Reg Middle

Lot Info

  • Lot Dimensions: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 22-00063-0000-00012

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4588.0

MLS Schools

  • Elementary School: Ocean Gate
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 17, 2021
Sold by
Panecki Joshua L
Bought by
Hoeler Kaylee C
Seller's Agent
Gregory Calabro
Keller Williams Realty Spring Lake
Buyer's Agent
Joseph Barrett
Realty One Group Emerge
List Price
$269,900
Sold Price
$280,000
Premium/Discount to List
$10,100
3.74%
Current Estimated Value
$395,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,571
Avg. Annual Appreciation
8.75%
Original Mortgage
$274,725
Outstanding Balance
$249,434
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$146,137

Purchase Details

Closed on
Dec 20, 2019
Sold by
Panecki Joshua L and Panecki Joshua I
Bought by
Panecki Joshua L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,530
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 7, 2018
Closed on
Sep 11, 2018
Sold by
Kln Property Holdings Llc
Bought by
Panecki Joshua I
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Max Nozek
Real Estate, LTD
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Original Mortgage
$181,649
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 29, 2017
Closed on
Jan 26, 2018
Sold by
Bayview Loan Servicing Llc
Bought by
Kln Property Holdings Llc
Seller's Agent
Noelle Paschon
Paschon Realty LLC
Buyer's Agent
Robert Kosinski
RE/MAX Gateway
Sold Price
$107,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.72%
Original Mortgage
$85,000
Interest Rate
3.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 2017
Sold by
Ocean County Sheriff
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Apr 12, 2001
Sold by
Maurer Richard
Bought by
Mierop William

Purchase Details

Closed on
Mar 1, 1995
Sold by
Links Marie E
Bought by
Maurer Richard and Maurer Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
8.96%
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
Hoeler Kaylee C $280,000 Pegasus Title Agency Llc
Panecki Joshua L -- None Available
Panecki Joshua I $185,000 Westcor Land Title Ins Co
Kln Property Holdings Llc $107,500 First Integrity Title
Bayview Loan Servicing Llc -- --
Mierop William $88,000 --
Mierop William $88,000 --
Maurer Richard $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoeler Kaylee C $274,725
Previous Owner Panecki Joshua L $181,530
Previous Owner Panecki Joshua I $181,649
Previous Owner Kln Property Holdings Llc $85,000
Previous Owner Maurer Richard $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2021 08/24/21 Sold $280,000 +3.7% $311 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $269,900 +45.9% $300 / Sq Ft
09/17/2018 09/17/18 Sold $185,000 +72.1% $206 / Sq Ft View Prior Sale
01/31/2018 01/31/18 Sold $107,500 -- $124 / Sq Ft View Prior Sale
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 $5,560 $338,200 $180,000 $158,200
2024 $5,162 $338,200 $180,000 $158,200
2023 $4,756 $171,000 $70,000 $101,000
2022 $4,756 $171,000 $70,000 $101,000
2021 $4,552 $171,000 $70,000 $101,000
2020 $4,588 $171,000 $70,000 $101,000
2019 $4,477 $171,000 $70,000 $101,000
2018 $3,697 $146,300 $70,000 $76,300
2017 $3,669 $146,300 $70,000 $76,300
2016 $3,640 $146,300 $70,000 $76,300
2015 $3,651 $191,400 $115,000 $76,400
2014 $3,668 $191,400 $115,000 $76,400
Source: Public Records

Agents Affiliated with this Home

  • Gregory Calabro

    Seller's Agent in 2021

    Gregory Calabro

    Keller Williams Realty Spring Lake

    (732) 330-7879

    1 in this area

    14 Total Sales

    Gregory Calabro
    Section Image

  • J

    Buyer's Agent in 2021

    Joseph Barrett

    Realty One Group Emerge

    (973) 945-0368

    1 in this area

    16 Total Sales

    Joseph Barrett
    Section Image
  • Robert Lange

    Seller's Agent in 2018

    Robert Lange

    RE/MAX

    (732) 300-4307

    58 in this area

    401 Total Sales

    Robert Lange
    Section Image
  • Noelle Paschon

    Seller's Agent in 2018

    Noelle Paschon

    Paschon Realty LLC

    (732) 341-3900

    107 Total Sales

    Noelle Paschon
    Section Image

  • M

    Buyer's Agent in 2018

    Max Nozek

    Real Estate, LTD

    Section Image
  • Robert Kosinski

    Buyer's Agent in 2018

    Robert Kosinski

    RE/MAX

    (732) 996-7448

    19 in this area

    265 Total Sales

    Robert Kosinski
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22118548

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00063-0000-00012

New Jersey Ocean County Ocean Gate 08740

525 E Point Pleasant Ave, Ocean Gate, NJ

This home is located at 525 E Point Pleasant Ave, Ocean Gate, NJ 08740 since 10 June 2021 and is currently estimated at $395,571, approximately $439 per square foot. This property was built in 1958. 525 E Point Pleasant Ave is a home located in Ocean County with nearby schools including Ocean Gate Elementary School, Central Regional Middle School, and Central Regional 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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