NOT LISTED FOR SALE

552 Overton Place Unit 554 Long Branch, NJ 07740

Estimated Value: $529,000 - $606,000

5 Beds
3 Baths
1,360 Sq Ft
$430/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $369,000 $271 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,721/month

22 Days on Market

About This Home

As of August 2018

This 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

Co-Listed By

Sean Mulligan

ARC Real Estate License #0681608

Last Buyer's Agent

Mario Silvester

Mario's Realty Inc License #9483549

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,550

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,550

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Co List Office Mls Id: 1333
  • Co List Office Phone: 609-731-4265
  • Subdivision Name: None
  • Reso Flooring: Wood, Laminate
  • New Construction: No
  • Year Built: 1910
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 80 x 125
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Floors Laminate2: Yes
  • Cooling 2 Zoned AC: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full Finished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 80 x 125
  • Parcel #: 27-00164-0000-00031

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Other Annual Assessment Amount: 201000.0

MLS Schools

  • High School: Long Branch

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
Current Estimated Value
$585,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,473
Avg. Annual Appreciation
7.15%
Original Mortgage
$362,316
Outstanding Balance
$317,164
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$285,621

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
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 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

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 $7,550 $560,400 $234,300 $326,100
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

    62 Total Sales

    Sean Mulligan
    Section Image

  • M

    Buyer's Agent in 2018

    Mario Silvester

    Mario's Realty Inc

    (732) 616-4231

    26 in this area

    47 Total Sales

    Mario Silvester
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21818241

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00164-0000-00031

New Jersey Monmouth County Long Branch 07740

552 Overton Place Unit 554, Long Branch, NJ

This home is located at 552 Overton Place Unit 554, Long Branch, NJ 07740 since 10 May 2018 and is currently estimated at $585,473, approximately $430 per square foot. This property was built in 1910. 552 Overton Place Unit 554 is a home located in Monmouth County with nearby schools including Long Branch High School, Holy Trinity School, and Bet Yaakov of the Jersey Shore.

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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