NOT LISTED FOR SALE

551 Oak Terrace Point Pleasant Boro, NJ 08742

Estimated Value: $541,000 - $621,000

2 Beds
2 Baths
1,268 Sq Ft
$463/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $365,000 $288 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,671/month

86 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • Bonus Room
  • Deck
  • Attic
  • Great Room

About This Home

As of May 2021

GEM BACK ON MARKET. This Charming and well maintained ranch located in the much sought after town of Point Pleasant boasts ample living space for the entire family, NEW furnace and New kitchen appliances. Move in ready and offering two sizable bedrooms, two full baths and large living room with gas burning stove , all with freshly finished glistening hardwood flooring throughout. Walk through kitchen presents a large bonus/great room with cathedral ceiling and large windows for natural light along with wood flooring. Home is situated in a very desirable neighborhood in Point Pleasant, minutes from the centers of Point Pleasant Beach and the Jersey Shore beaches. Close to all major roads and transit.

Last Agent to Sell the Property

Joseph Mangiafico

Keller Williams Realty Ocean Living License #0677910 Listed on: 04/17/2021

Keller Williams Realty Ocean Living

Last Buyer's Agent

Payton Smith

Chris Smith Realty License #1865845

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,440

Year Built

  • Built in 1970

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Pitched Roof
  • Shingle Roof
  • Shingle Siding
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,268 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Bay Window
  • Window Screens
  • Sliding Doors
  • Great Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Bay Views
  • Storm Doors
  • Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • No Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Schools

  • Memorial Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 25-00059-0000-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,440

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: AC Units, Ceiling Fan(s), Dishwasher, Microwave, Stove, Refrigerator, Screens
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Ceramic Tile, Laminate, Wood
  • Reso Interior Features: Attic, Bay/Bow Window, Bonus Room, Ceilings - 9Ft+ 1st Flr, Sliding Door
  • Year Built: 1970
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Memorial
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Interior Attic: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Exterior Storm Door(s): Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Siding Shingle: Yes
  • Floors Laminate: Yes
  • Kitchen Floor - Laminate2: Yes
  • Cooling Multi Units: Yes
  • Living Room BayBow Window2: Yes
  • GreatFamily Room Floor - Laminate6: Yes
  • Siding Cedar: Yes
  • Roof Sloping: Yes
  • Interior Bonus Room: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Dirt Floor
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 9
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Great Room: Yes
  • Basement:Dirt Floor: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Sloping, Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Personal Items
  • Construction Type: Cedar, Shingle Siding
  • Exterior Features: Deck, Shed, Storm Door(s)

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • 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: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 25-00059-0000-00015
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5440.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 27, 2021
Sold by
Johnstone Robert V and Estate Of Robert V Johnstone
Bought by
Mcwilliams Noah J and Kurtz Sarah M
Seller's Agent
Joseph Mangiafico
Keller Williams Realty Ocean Living
Buyer's Agent
Payton Smith
Chris Smith Realty
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$586,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,614
Avg. Annual Appreciation
11.81%
Original Mortgage
$346,750
Outstanding Balance
$314,622
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$271,992
Source: Public Records

Range of Values:

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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
Mcwilliams Noah J $365,000 Counsellors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcwilliams Noah J $346,750
Previous Owner Johnstone Robert $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $365,000 0.0% $288 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/17/2021 04/17/21 Price Changed $365,000 0.0% $288 / Sq Ft
04/17/2021 04/17/21 For Sale $365,000 -1.2% $288 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $369,500 0.0% $291 / Sq Ft
03/26/2021 03/26/21 For Sale $369,500 +1.2% $291 / Sq Ft
03/09/2021 03/09/21 Off Market $365,000 -- --
02/19/2021 02/19/21 Pending -- -- --
02/14/2021 02/14/21 Price Changed $360,000 -4.0% $284 / Sq Ft
02/01/2021 02/01/21 For Sale $374,999 -- $296 / 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 $5,701 $260,800 $175,000 $85,800
2023 $5,584 $260,800 $175,000 $85,800
2022 $5,584 $260,800 $175,000 $85,800
2021 $5,243 $260,800 $175,000 $85,800
2020 $5,440 $260,800 $175,000 $85,800
2019 $5,367 $260,800 $175,000 $85,800
2018 $5,208 $260,800 $175,000 $85,800
2017 $5,093 $260,800 $175,000 $85,800
2016 $4,804 $260,800 $175,000 $85,800
2015 $4,744 $260,800 $175,000 $85,800
2014 $4,630 $260,800 $175,000 $85,800
Source: Public Records

Agents Affiliated with this Home

  • Joseph Mangiafico

    Seller's Agent in 2021

    Joseph Mangiafico

    Keller Williams Realty Ocean Living

    (732) 691-5014

    10 in this area

    47 Total Sales

    Joseph Mangiafico
    Section Image

  • P

    Buyer's Agent in 2021

    Payton Smith

    Chris Smith Realty

    (732) 685-5119

    1 in this area

    8 Total Sales

    Payton Smith
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22102917

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00059-0000-00015

New Jersey Ocean County 08742

551 Oak Terrace, NJ

This home is located at 551 Oak Terrace, Point Pleasant Boro, NJ 08742 since 17 April 2021 and is currently estimated at $586,614, approximately $462 per square foot. This property was built in 1970. 551 Oak Terrace is a home located in Ocean County with nearby schools including Point Pleasant High School and St Dominic 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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