NOT LISTED FOR SALE

550 N Edgemere Dr Allenhurst, NJ 07711

Estimated Value: $1,310,000 - $1,609,715

4 Beds
3 Baths
1,644 Sq Ft
$882/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $675,000 $411 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $8,855/month

104 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • Wood Flooring
  • Lake On Lot
  • Maid or Guest Quarters
  • Attic

About This Home

As of December 2019

JERSEY SHORE LIVING! Just a few blocks to the BEACH! This 3 story seashore colonial home can be your vacation or all year round home! Walk to the famous Long Branch boardwalk. Enjoy shopping and fine dining by the ocean. Make an appointment to see this home today!! What I love about this home It is spacious and gets excellent light. It is walking distance to the beach, shops, synagogues, train station, and is on a quiet street. It has the potential for a great attic apartment and its proximity to Monmouth University makes for the possibility of providing rental income during the fall and winter.

Last Agent to Sell the Property

Adele Cohen

Adele Cohen Real Estate LLc License #0235440 Listed on: 07/19/2019

Co-Listed By

Sonia Cohen

Irwin Leventer Real Estate Inc License #1860365

Last Buyer's Agent

Michael Manna

Burke&Manna Real Estate Agency License #0900958

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,639

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 64 x 125
  • Lake Front
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Wood Burning Fireplace
  • Wood Flooring
  • Water Views
  • Partially Finished Basement
  • Basement Hatchway
  • Walkup Attic
  • Washer

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Outdoor Features

  • Lake On Lot
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 37-00061-05-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,639

Year Built

Built in 1925

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Reso View: Waterview
  • Co List Office Mls Id: 745
  • Co List Office Phone: 732-531-9800
  • Inclusions: Outdoor Lighting, Washer, Timer Thermostat, Microwave, Self/Con Clean, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Interior Features: Attic, Attic - Walk Up, Housekeeper Qtrs, Recessed Lighting
  • Year Built: 1925
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • General Property Info Acreage: 0.18
  • General Property Info Lot Dimensions: 64 x 125
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Recessed Lighting: Yes
  • Included Outdoor Lighting: Yes
  • Included Timer Thermostat: Yes
  • Foyer Fireplace - Woodburning: Yes
  • Included SelfCon Clean: Yes
  • Interior Attic - Walk Up: Yes
  • Interior Housekeeper Qtrs: Yes
  • Water Type Lake: Yes
  • Cooling 2 Zoned AC: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Bilco Style Doors, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fence
  • Acres: 0.18
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 64 x 125
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 37-00061-05-00002

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10639.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Jan 13, 2020
Sold by
Flashpoint Payments Llc
Bought by
Vacchiano James and Vacchiano Amanda
Seller's Agent
Adele Cohen
Adele Cohen Real Estate LLc
Buyer's Agent
Michael Manna
Burke&Manna Real Estate Agency
Sold Price
$675,000
Current Estimated Value
$1,450,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$775,679
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
Jul 19, 2017
Sold by
Monmouth County Sheriff
Bought by
Flashpoint Payments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 1999
Sold by
Powers Elise
Bought by
Cabasso Alan and Cabasso Levern Musico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vacchiano James $675,000 Evident Title Agency Inc
Flashpoint Payments Llc $331,000 Title Trt Llc
Cabasso Alan $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flashpoint Payments Llc $252,000
Previous Owner Cabasso Alan $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $675,000 0.0% $411 / Sq Ft
09/01/2018 09/01/18 Rented $2,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $16,848 $1,217,500 $805,000 $412,500
2024 $19,187 $1,159,500 $756,400 $403,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21918726

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00061-05-00002

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