NOT LISTED FOR SALE

617 Asbury Ave National Park, NJ 08063

Estimated Value: $280,798 - $333,000

-- Bed
-- Bath
2,096 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $69,000 $33 Per Sq Ft

Est. 352% increase in value since last sale

Current estimated payment $2,325/month

50 Days on Market

Highlights

  • No HOA
  • Mobility Improvements
  • Heating System Uses Oil
  • Cooling System Mounted In Outer Wall Opening
  • En-Suite Primary Bedroom
  • 3-minute walk to National Park Playground

About This Home

As of June 2017

Large triplex with separate electric and entrances. The first floor and second floor units have 2 bedrooms each and 3rd floor has 1 bedroom. Fenced yard is shared by the tenants. Walking distance to the local elementary school and ball fields, just a short drive to Rt. 295. Don't let this one pass you by. Live in one unit and rent the others. This is a Fannie Mae HomePath Property!

Last Agent to Sell the Property

Hakan Karahan

HomeSmart First Advantage Realty License #9693664 Listed on: 03/30/2017

HomeSmart First Advantage Realty

Last Buyer's Agent

Basem Mazahreh

Garden State Properties Group - Merchantville

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,875 Sq Ft Lot
  • Lot Dimensions are 75x65

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,096 Sq Ft Home
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Mobility Improvements

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $6,531

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 12-00053-00009

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Large triplex with separate electric and entrances. The first floor and second floor units have 2 bedrooms each and 3rd floor has 1 bedroom. Fenced yard is shared by the tenants. Walking distance to the local elementary school and ball fields, just a short drive to Rt. 295. Don't let this one pass you by. Live in one unit and rent the others. This is a Fannie Mae HomePath Property!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2096
  • Living Area Sq Ft: 2096
  • Price Per Sq Ft: 34.35
  • Above Grade Finished Sq Ft: 2096
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 617

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: NATIONAL PARK BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396142

Lot Info

  • Improvement Assessed Value: 123700.00
  • Land Assessed Value: 37000.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 75X65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4875.00
  • Property Attached Yn: Yes
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2019523
  • Tax Annual Amount: 6531.00
  • Assessor Parcel Number: 12-00053-00009
  • Tax Lot: 00009
  • Tax Year: 2016
  • Close Date: 06/23/2017

MLS Schools

  • School District Name: NATIONAL PARK BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 25, 2017
Sold by
Fannie Mae
Bought by
M A S Rentals Llc
Seller's Agent
Hakan Karahan
HomeSmart First Advantage Realty
Buyer's Agent
Basem Mazahreh
Garden State Properties Group - Merchantville
List Price
$77,500
Sold Price
$69,000
Premium/Discount to List
-$8,500
-10.97%
Current Estimated Value
$312,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,200
Avg. Annual Appreciation
20.24%

Purchase Details

Closed on
Jan 18, 2017
Sold by
Rappaport Yair and Rappaport Shai
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 29, 2005
Sold by
Thomsen Donald C and Thomsen Beverly B
Bought by
Rappaport Yair and Rappaport Shai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,725
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
M A S Rentals Llc $69,000 Sjs Title Llc
Federal National Mortgage Association -- None Available
Rappaport Yair $178,500 Surety
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rappaport Yair $154,000
Previous Owner Rappaport Yair $151,725
Previous Owner Eastern Mtg Of Delaware Valley Inc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $69,000 -4.2% $33 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
05/02/2017 05/02/17 Price Changed $72,000 -7.1% $34 / Sq Ft
03/30/2017 03/30/17 For Sale $77,500 0.0% $37 / Sq Ft
04/01/2014 04/01/14 Rented $850 -5.6% --
03/21/2014 03/21/14 Under Contract -- -- --
01/29/2014 01/29/14 For Rent $900 -- --
Source: Bright MLS

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 $7,643 $160,700 $37,000 $123,700
2024 $7,522 $160,700 $37,000 $123,700
2023 $7,522 $160,700 $37,000 $123,700
2022 $7,440 $160,700 $37,000 $123,700
2021 $6,918 $160,700 $37,000 $123,700
2020 $7,232 $160,700 $37,000 $123,700
2019 $7,037 $160,700 $37,000 $123,700
2018 $7,008 $160,700 $37,000 $123,700
2017 $6,798 $160,700 $37,000 $123,700
2016 $6,531 $160,700 $37,000 $123,700
2015 $6,463 $160,700 $37,000 $123,700
2014 $6,446 $160,700 $37,000 $123,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000051862

Bright MLS

APN: 12-00053-0000-00009