NOT LISTED FOR SALE

617 Red Bank Ave Ocean Gate, NJ 08740

Estimated Value: $438,000 - $457,055

3 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot Lot

Sale Details

Date Sold: April 30, 2021

Last sale price $273,475

Est. 63% increase in value since last sale

Current estimated payment $2,885 / mo

105 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • No HOA
  • Deck
  • Quartz Countertops
  • Sliding Doors

About This Home

As of April 2021

Don't miss out this updated Ranch in quiet Ocean Gate. The home has been recently renovated! New kitchen cabinets, quartz countertops, and new bathroom vanities. This home has 3 bedrooms and 2 full bathrooms. Home has a large back deck and yard for entertaining during the warmer months. A must see!

Last Agent to Sell the Property

Thomas Santoro Jr.

KeyTide Realty Group Listed on: 12/07/2020

Last Buyer's Agent

Jeanette Schlapfer

Realty One Group Emerge

Realty One Group Emerge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,351

Year Built

  • Built in 1980

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80 x 100

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Sliding Doors

Kitchen

  • New Kitchen
  • Quartz Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Ocean Gate Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00006-0000-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,351

Year Built

Built in 1980

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Sliding Door
  • Year Built: 1980
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Quartz: Yes
  • General Property Info Acreage: 0.18
  • General Property Info Lot Dimensions: 80 x 100
  • Location Middle School: Central Reg Middle
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Siding Wood2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Acres: 0.18
  • Waterfront: No
  • Exterior Features: Deck

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 80 x 100
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 22-00006-0000-00018

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4351.0

MLS Schools

  • Elementary School: Ocean Gate
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Apr 28, 2021
Sold by
Central Shore T3 Llc
Bought by
Velardo Joseph
Seller's Agent
Thomas Santoro Jr.
KeyTide Realty Group
Buyer's Agent
Jeanette Schlapfer
Realty One Group Emerge
List Price
$279,900
Sold Price
$273,475
Premium/Discount to List
-$6,425
-2.3%
Current Estimated Value
$445,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,539
Avg. Annual Appreciation
10.29%
Original Mortgage
$268,521
Outstanding Balance
$243,347
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$201,667

Purchase Details

Closed on
May 4, 2016
Sold by
Central Shore Holdings 2 Llc
Bought by
Central Shore T3 Llc

Purchase Details

Listed on
Jun 22, 2015
Closed on
Jan 11, 2016
Sold by
Hudson City Savings Bank Fsb
Bought by
Central Shore Holdings 2 Llc
Seller's Agent
AnnMarie Franz
RE/MAX at Barnegat Bay
Buyer's Agent
William Feehan
KeyTide Realty Group
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%

Purchase Details

Closed on
Oct 20, 2014
Sold by
Smith Kevin M and Smith Rachel
Bought by
Hudson City Savings Bank Fsb

Purchase Details

Closed on
Jun 15, 2006
Sold by
Caldwell James and Caldwell Marion
Bought by
Smith Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.59%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 14, 1997
Sold by
Serpica Anthony
Bought by
Caldwell James and Caldwell Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velardo Joseph $273,475 None Listed On Document
Central Shore T3 Llc -- Fidelity National Title
Central Shore Holdings 2 Llc $130,000 Old Republic National Title
Hudson City Savings Bank Fsb -- None Available
Smith Kevin M $280,000 Old Republic Title
Caldwell James $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velardo Joseph $268,521
Previous Owner Smith Kevin M $56,000
Previous Owner Smith Kevin M $224,000
Previous Owner Caldwell James $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $273,475 +1.3% --
03/23/2021 03/23/21 Pending -- -- --
02/16/2021 02/16/21 Price Changed $269,900 -1.9% --
12/30/2020 12/30/20 Price Changed $275,000 -1.8% --
12/07/2020 12/07/20 For Sale $279,900 0.0% --
10/01/2019 10/01/19 Rented $20,400 0.0% --
01/15/2016 01/15/16 Sold $130,000 -- $103 / Sq Ft View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,273 $344,500 $188,500 $156,000
2024 $5,018 $344,500 $188,500 $156,000
2023 $4,622 $166,200 $74,700 $91,500
2022 $4,622 $166,200 $74,700 $91,500
2021 $4,424 $166,200 $74,700 $91,500
2020 $4,459 $166,200 $74,700 $91,500
2019 $4,351 $166,200 $74,700 $91,500
2018 $4,200 $166,200 $74,700 $91,500
2017 $4,168 $166,200 $74,700 $91,500
2016 $4,135 $166,200 $74,700 $91,500
2015 $4,537 $222,600 $122,500 $100,100
2014 $4,557 $222,600 $122,500 $100,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Thomas Santoro Jr.

    KeyTide Realty Group

  • J

    Buyer's Agent in 2021

    Jeanette Schlapfer

    Realty One Group Emerge

    Section Image

  • M

    Seller's Agent in 2019

    Megan Kilmurray

    KeyTide Realty Group

  • R

    Buyer's Agent in 2019

    Rose Rienzo

    KeyTide Realty Group

  • A

    Seller's Agent in 2016

    AnnMarie Franz

    RE/MAX

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22042514

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00006-0000-00018

New Jersey Ocean County Ocean Gate 08740

617 Red Bank Ave, Ocean Gate, NJ

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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