$407,000
SOLD AUG 8, 2024
3 Beds
2 Baths
1,772 Sq Ft
0.45 Acres

Recently Sold

$230 Per Sq Ft

36% Above List Price

9 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Heating System Uses Natural Gas
  • Middletown - South High School Rated A-

About This Home

As of February 2025

Calling all builders, investors, and homeowners with a vision! This massive 200' deep, nearly 20,000 square-foot lot with tons of privacy is situated a mile from the water in the Leonardo section of Middletown. Nestled in a prime location south of Rt36, with easy access to Rt35, minutes from marinas, beaches, the SeaStreak Ferry, shopping, dining, and all the shore has to offer. The 1933 colonial home that rests here has lived a good life, but it's time for this unique opportunity to be passed on to those seeking to build a dream property to live in, or to a professional looking to put their stamp on this beautiful area. With plenty of space to re-imagine Monmouth County living, do not miss this chance.

Last Agent to Sell the Property

Brian Spatz

Keller Williams Village Square Realty License #1541835 Listed on: 07/10/2024

Keller Williams Village Square Realty

Last Buyer's Agent

Rose O'Neill

EXP Realty License #0338959

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,077

Year Built

  • Built in 1933

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 97 x 200

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 1,772 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32-00674-0000-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,077

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1933
  • 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 Acreage: 0.45
  • General Property Info Lot Dimensions: 97 x 200
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling None12: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.45
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 97 x 200
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 32-00674-0000-00016
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7077.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Mar 25, 2025
Sold by
Jones Kristofer and Apel Warren
Bought by
Davenport Scott and Davenport Janet Scott
Seller's Agent
Rose O'Neill
EXP Realty
Buyer's Agent
Mary Kelleher
Heritage House Sotheby's International Realty
List Price
$799,900
Sold Price
$950,000
Premium/Discount to List
$150,100
18.76%
Total Days on Market
9
Views
113
Current Estimated Value
$875,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,188
Avg. Annual Appreciation
-17.21%
Original Mortgage
$731,850
Outstanding Balance
$731,850
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$145,719

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 7, 2024
Sold by
Ioselevich Iosif and Spatz Michelle
Bought by
Jones Kristofer and Apel Warren
Seller's Agent
Brian Spatz
Keller Williams Village Square Realty
Buyer's Agent
Rose O'Neill
EXP Realty
List Price
$300,000
Sold Price
$407,000
Premium/Discount to List
$107,000
35.67%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
354.33%

Purchase Details

Closed on
Nov 11, 1990
Bought by
Ioselevich Iosif
Source: Public Records

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Range of Values:

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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
Deed $950,000 Foundation Title
Deed $950,000 Foundation Title
Deed $407,000 Unitas Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $731,850 New Conventional
Closed $731,850 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $950,000 +18.8% $536 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $799,900 +96.5% $451 / Sq Ft
08/08/2024 08/08/24 Sold $407,000 +35.7% $230 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $300,000 -- $169 / 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 $7,077 $429,200 $307,000 $122,200
2023 $7,077 $407,200 $287,800 $119,400
2022 $5,097 $371,700 $253,700 $118,000
2021 $5,097 $283,900 $179,000 $104,900
2020 $6,068 $283,800 $181,200 $102,600
2019 $5,981 $283,200 $181,200 $102,000
2018 $5,357 $247,200 $150,000 $97,200
2017 $5,549 $253,500 $159,200 $94,300
2016 $6,414 $301,000 $172,700 $128,300
2015 $6,650 $301,300 $172,700 $128,600
2014 $6,569 $290,300 $172,700 $117,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22419433

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00674-0000-00016