$468,500
SOLD MAR 11, 2019

550 2nd Ave Long Branch, NJ 07740

4 Beds
2 Baths
1,544 Sq Ft
0.32 Acres

Recently Sold

$303 Per Sq Ft

69 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Central Air
  • No HOA
  • Living Room
  • 4-minute walk to West End Park

About This Home

As of October 2021

Totally Renovated Victorian Home on 2nd Ave. in the West End Area of Long Branch. New kitchen, 2 new Bathrooms, 2 Zone Air conditioning, New carpet thru out, New hardwood floors. There is nothing for you to do in the house -- BUT JUST MOVE IN. Lots of room for a Pool or Basketball/Tennis Court. Lot size is 50x282 almost a third of an acre!

Last Agent to Sell the Property

Raymond Mizrahi

A Realty Group, LLC License #0447021 Listed on: 12/04/2018

Last Buyer's Agent

Samantha Scheer

G & G Agency Inc License #0896688

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,038

Year Built

  • Built in 1930

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 1,544 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Schools

  • Long Branch Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 50 x 282

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-00131-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,038

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 282
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 282
  • Parcel #: 27-00131-0000-00012
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7038.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 14, 2021
Sold by
Chen Jesse
Bought by
Weber Martin and Weber Ronit
Seller's Agent
Samantha Scheer
G & G Agency Inc
Buyer's Agent
Milo Sutton
G & G Agency Inc
List Price
$950,000
Sold Price
$890,500
Premium/Discount to List
-$59,500
-6.26%
Current Estimated Value
$1,160,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,051
Avg. Annual Appreciation
6.92%
Original Mortgage
$548,250
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2018
Closed on
Mar 8, 2019
Sold by
Zafrani Marc
Bought by
Chen Jesse
Seller's Agent
Raymond Mizrahi
A Realty Group, LLC
Buyer's Agent
Samantha Scheer
G & G Agency Inc
Sold Price
$468,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.02%
Original Mortgage
$425,700
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2017
Closed on
Sep 29, 2017
Sold by
Wells Fargo Bank Banc Of America Alterna
Bought by
Zafrani Marc
Seller's Agent
Henry Eisenstein
Keller Williams Realty East Monmouth
Buyer's Agent
Henry Eisenstein
Striker Realty
Sold Price
$248,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.88%

Purchase Details

Closed on
Jul 14, 2017
Sold by
Monmouth County Sheriff
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Jun 29, 2005
Sold by
Thomas Edith Cattanach
Bought by
Policastro Jennifer and Policastro James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 2000
Sold by
Policastro James
Bought by
Maleh Sesar and Maleh Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
9.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bargain Sale Deed $890,500 Town Title Agency
Bargain Sale Deed $473,000 First American Title
Deed $248,325 Concord Title
Sheriffs Deed $1,000 --
Deed $340,000 --
Deed $420,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $548,250 New Conventional
Previous Owner $425,700 New Conventional
Previous Owner $378,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $890,500 0.0% $577 / Sq Ft
09/06/2021 09/06/21 Rented $23,068 0.0% --
08/26/2021 08/26/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $925,000 -2.6% $599 / Sq Ft
08/04/2021 08/04/21 For Sale $950,000 0.0% $615 / Sq Ft
12/02/2020 12/02/20 Under Contract -- -- --
10/22/2020 10/22/20 For Rent $2,600 -88.4% --
09/07/2020 09/07/20 Rented $22,500 +12.5% --
06/14/2020 06/14/20 Rented $20,000 -9.1% --
05/13/2020 05/13/20 Under Contract -- -- --
03/28/2020 03/28/20 Under Contract -- -- --
01/20/2020 01/20/20 For Rent $22,000 +780.0% --
10/06/2019 10/06/19 For Rent $2,500 -87.5% --
06/02/2019 06/02/19 Rented $20,000 0.0% --
03/11/2019 03/11/19 Sold $468,500 +88.7% $303 / Sq Ft
10/04/2017 10/04/17 Sold $248,325 0.0% $161 / Sq Ft
01/11/2013 01/11/13 Rented $1,900 -- --
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 $13,478 $923,700 $422,800 $500,900
2024 $12,115 $876,900 $397,800 $479,100
2023 $12,115 $780,100 $322,800 $457,300
2022 $9,689 $561,600 $266,300 $295,300
2021 $9,689 $484,200 $194,300 $289,900
2020 $9,687 $463,500 $175,300 $288,200
2019 $7,471 $355,400 $175,300 $180,100
2018 $7,458 $352,800 $179,300 $173,500
2017 $7,038 $341,500 $171,300 $170,200
2016 $6,914 $342,100 $176,300 $165,800
2015 $4,786 $214,900 $94,300 $120,600
2014 $4,803 $227,300 $120,300 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21845993

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00131-0000-00012