$107,500
SOLD JAN 31, 2018

525 E Point Pleasant Ave Ocean Gate, NJ 08740

3 Beds
1 Bath
864 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

50 Days on Market

Highlights

  • Newly Remodeled
  • Bay View
  • No HOA
  • Outdoor Pool
  • Wood Flooring
  • Screened Porch

About This Home

As of August 2021

Cozy ranch features 2 bedrooms, 1 full bath, living room with vaulted ceilings, eat-in kitchen, den (could be 3rd bedroom) and screened in porch attached to the detached garage.

Last Agent to Sell the Property

Noelle Paschon

Paschon Realty LLC License #0448125 Listed on: 11/29/2017

Last Buyer's Agent

Robert Kosinski

RE/MAX Gateway License #1643938

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,640

Year Built

  • Built in 1958 | Newly Remodeled

Lot Details

  • Lot Dimensions are 60 x 100

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Light Fixtures
  • Bay Window
  • Living Room
  • Den
  • Screened Porch
  • Bay Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Outdoor Features

  • Outdoor Pool
  • Exterior Lighting

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00063-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,640

Year Built

Built in 1958 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, Dishwasher, Light Fixtures, Stove, Stove Hood, Attic Fan
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch, Cottage/Bungalow
  • Reso Flooring: Ceramic Tile, Linoleum/Vinyl, W/W Carpet, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Bay/Bow Window, Recessed Lighting
  • New Construction: Yes
  • Year Built: 1958
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Included Outdoor Lighting: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • Style Ranch: Yes
  • Kitchen Eat-In: Yes
  • Exterior Porch - Screened: Yes
  • Living Room BayBow Window2: Yes
  • Style CottageBungalow: Yes
  • Included Attic Fan: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Other Rooms:Den2: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Porch - Screened
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 60 x 100
  • Parcel #: 22-00063-0000-00012
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3640.0

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
$394,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,626
Avg. Annual Appreciation
9.40%
Original Mortgage
$10,000
Outstanding Balance
$2,977
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$391,649

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
11.86%
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 Type Sale Price Title Company
Deed $280,000 Pegasus Title Agency Llc
Interfamily Deed Transfer -- None Available
Deed $185,000 Westcor Land Title Ins Co
Deed $107,500 First Integrity Title
Sheriffs Deed -- --
Deed $88,000 --
Deed $88,000 --
Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000 Stand Alone Second
Open $274,725 FHA
Previous Owner $191,000 New Conventional
Previous Owner $181,530 FHA
Previous Owner $181,649 FHA
Previous Owner $85,000 Seller Take Back
Previous Owner $85,000 Seller Take Back
Previous Owner $183,715 FHA
Previous Owner $134,995 FHA
Previous Owner $71,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
01/31/2018 01/31/18 Sold $107,500 -- $124 / 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 $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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21744632

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00063-0000-00012