NOT LISTED FOR SALE

531 Riverwood Ave Point Pleasant Boro, NJ 08742

Estimated Value: $667,000 - $707,000

3 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold November 05, 2021

Last sale price $515,000

Est. 33% increase in value since last sale

Current estimated payment $4,325/month

74 Days on Market

Highlights

  • Bay View
  • Deck
  • Quartz Countertops
  • New Kitchen
  • Wood Flooring
  • No HOA

About This Home

As of November 2021

Move in ready spacious 3 bedroom 2 full bath ranch in desirable Point Pleasant Boro. The home sits on a large 75 X 100 lot with beautiful European kitchen cabinets, high end SS appliances and European quartz countertops. The kitchen opens to the dining and living room area perfect for entertaining in the open floor plan with custom window treatments. There are brand new ''select'' hardwood floors throughout the home and in the bathrooms imported porcelain tile. The master bedroom features two custom closets, with en suite full bath. The slider in the kitchen leads to the backyard deck and outdoor shower. There is a sprinkler system in the backyard where there is plenty of room to entertain or add a pool. The garage is oversized with plenty of room for your car and storage. This home is located near river beaches, kayak and boat launch and a few miles to downtown Point Pleasant Beach, NJ Transit train station and Jenkinsons Beach. Also Point Pleasant schools are highly ranked. Featured Listing.

Last Agent to Sell the Property

Keith Reinhard

Keller Williams Shore Properties Listed on: 08/17/2021

Last Buyer's Agent

Thomas DeFazio

Chris Smith Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,548

Year Built

  • Built in 1979

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75 x 100
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Recessed Lighting
  • Bay Window
  • Sliding Doors
  • Living Room
  • Dining Room
  • Wood Flooring
  • Bay Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Stove
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Outdoor Shower
  • Deck

Schools

  • Ocean Elementary School
  • Memorial Middle School
  • Point Pleasant Borough 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: Washer/Dryer and the refrigerator in the garage and the one in the house
  • Assessor Parcel Number 25-00056-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,548

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Dishwasher, Stove
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Wood, See Remarks, Other
  • Reso Interior Features: Attic - Pull Down Stairs, Bay/Bow Window, Sliding Door, Recessed Lighting
  • Year Built: 1979
  • 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
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Quartz: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 75 x 100
  • Location Middle School: Memorial
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Sprinkler Under: Yes
  • Kitchen Sliding Door5: Yes
  • Interior BayBow Window: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Kitchen BnookDining Area: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Washer/Dryer and the refrigerator in the garage and the one in the house
  • Exterior Features: Deck, Fence, Outdoor Shower, Sprinkler Under
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Direct Access, Oversized
  • General Property Info:Garage: 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: Memorial

Lot Info

  • Lot Dimensions: 75 x 100
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 25-00056-0000-00012
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6548.0

MLS Schools

  • Elementary School: Ocean
  • High School: Point Pleasant Borough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 23, 2021
Sold by
Palsi John P and Palsi Donna Maria
Bought by
Guillerme John and Guillerme Linda
Seller's Agent
Keith Reinhard
Keller Williams Shore Properties
Buyer's Agent
Thomas DeFazio
Chris Smith Realty
List Price
$474,900
Sold Price
$515,000
Premium/Discount to List
$40,100
8.44%
Current Estimated Value
$682,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,831
Avg. Annual Appreciation
7.68%
Original Mortgage
$200,000
Outstanding Balance
$183,374
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$499,457

Purchase Details

Listed on
Jan 3, 2019
Closed on
Feb 21, 2019
Sold by
Gabriel Lorraine B
Bought by
Palsi John P and Palsi Donna Maria
Seller's Agent
Keith Reinhard
Keller Williams Shore Properties
Buyer's Agent
Keith Reinhard
Sea Point Realtors
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.86%
Original Mortgage
$240,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Guillerme John $515,000 Evident Title Agency Inc
Palsi John P $305,000 Angel Title & Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guillerme John $200,000
Previous Owner Palsi John P $231,000
Previous Owner Palsi John P $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $515,000 +8.4% --
10/31/2021 10/31/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $474,900 0.0% --
08/30/2021 08/30/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $474,900 +55.7% --
03/15/2019 03/15/19 Sold $305,000 -- --
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 $7,251 $331,700 $187,500 $144,200
2023 $6,721 $313,900 $187,500 $126,400
2022 $6,721 $313,900 $187,500 $126,400
2021 $6,612 $313,900 $187,500 $126,400
2020 $6,548 $313,900 $187,500 $126,400
2019 $6,460 $313,900 $187,500 $126,400
2018 $6,269 $313,900 $187,500 $126,400
2017 $6,130 $313,900 $187,500 $126,400
2016 $5,583 $313,900 $187,500 $126,400
2015 $5,511 $313,900 $187,500 $126,400
2014 $5,373 $313,900 $187,500 $126,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22127275

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00056-0000-00012