552 Overton Place Unit 554 Long Branch, NJ 07740
Estimated Value: $562,000 - $601,000
5
Beds
3
Baths
1,360
Sq Ft
$425/Sq Ft
Est. Value
About This Home
As of August 2018This is an amazing property that is perfect for an investor or a large family. The property features two separate homes, one is 3 bedrooms, 2 baths and 1360 square feet with a finished basement. The second property is one level, 2 bedrooms, 1 bath and 830 square feet. The rent for the larger unit is $1,800 per month and the rent for the smaller unit is $1,350 per month. This brings the monthly rent total to $3,150 per month and the yearly total to $37,800 per year. The property is also full updated inside. This is a must see and a great value! Please give 24 hours notice for showings as the property is rented. Please watch the video tour!
Last Agent to Sell the Property
Thomas Mulligan
ARC Real Estate License #8840262 Listed on: 05/10/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,253
Year Built
- Built in 1910
Lot Details
- Lot Dimensions are 80 x 125
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Schools
- Long Branch Middle School
- Long Branch High School
Utilities
- Zoned Cooling
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 27-00164-0000-00031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2018
Closed on
Jul 23, 2018
Sold by
Gabriel Jean Paul and Gabriel Ermance
Bought by
Dos Santos Luiz F
Seller's Agent
Thomas Mulligan
ARC Real Estate
Buyer's Agent
Mario Silvester
Mario's Realty Inc
Sold Price
$369,000
Total Days on Market
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,912
Avg. Annual Appreciation
6.81%
Original Mortgage
$362,316
Outstanding Balance
$320,271
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$257,641
Purchase Details
Closed on
Jun 6, 2003
Sold by
Kolb Merryl
Bought by
Gabriel Gabriel Jean Jean and Gabriel Ermance
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
5.34%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 20, 2001
Sold by
Nj Affordable Homes Corp
Bought by
Kolb Merryl and Kolb Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Long Branch, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dos Santos Luiz F | $369,000 | None Available | |
| Gabriel Gabriel Jean Jean | $285,000 | -- | |
| Kolb Merryl | $167,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dos Santos Luiz F | $362,316 | |
| Previous Owner | Gabriel Gabriel Jean Jean | $213,750 | |
| Previous Owner | Kolb Merryl | $134,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2018 08/16/18 | Sold | $369,000 | -- | $271 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $7,253 | $491,200 | $179,300 | $311,900 |
| 2023 | $7,253 | $467,000 | $169,300 | $297,700 |
| 2022 | $7,254 | $387,600 | $125,300 | $262,300 |
| 2021 | $7,254 | $362,500 | $117,300 | $245,200 |
| 2020 | $7,298 | $349,200 | $105,300 | $243,900 |
| 2019 | $7,059 | $335,800 | $103,300 | $232,500 |
| 2018 | $6,475 | $306,300 | $101,300 | $205,000 |
| 2017 | $6,169 | $299,300 | $98,300 | $201,000 |
| 2016 | $5,986 | $296,200 | $100,300 | $195,900 |
| 2015 | $5,510 | $247,400 | $83,300 | $164,100 |
| 2014 | $5,128 | $242,700 | $92,300 | $150,400 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2018
Thomas Mulligan
ARC Real Estate
-
Sean Mulligan
Seller Co-Listing Agent in 2018
Sean Mulligan
ARC Real Estate
(609) 731-4265
69 Total Sales
-
Mario Silvester
M
Buyer's Agent in 2018
Mario Silvester
Mario's Realty Inc
(732) 616-4231
28 in this area
49 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21818241
APN: 27-00164-0000-00031
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Information is deemed reliable but not guaranteed.
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