Seller's Agent in 2022
Alexis Siciliano
RE/MAX
(732) 996-9269
1 in this area
71 Total Sales
62 Academy St Farmingdale, NJ 07727
Estimated Value: $455,000 - $606,000
4
Beds
2
Baths
--
Sq Ft
9,148
Sq Ft Lot
Highlights
- Cooling Available
- Heating Available
- 1-Story Property
- Howell High School Rated A-
About This Home
As of January 2022Two Separately Deeded Multi-Family with separate tax bills. Please note each building has its own tax bill. Lots Being Sold as a Bundle. Each lot contains 2 Family Homes with a total of 4 Units that are all currently rented and on month to month rentals. Each unit features Living Room, Eat-In Kitchen, One Full Bathroom, and 2 Bedrooms. All Units have their own private, fenced in yards + sheds. Off Street Parking on Driveway. Tenants pay for Heat, maintain lawn/grounds, and pay for private trash collection. New Roof for both homes in 2012 and new HWH in 2016. Both homes have leaf gutter guards. Conveniently located near major routes, downtown shopping, restaurants, and much more. Zoned Multi-Family/ Light Commercial.
Last Agent to Sell the Property
RE/MAX Gateway License #1430865 Listed on: 10/13/2021
Co-Listed By
ELLEN KALE
RE/MAX Gateway License #8210213
Last Buyer's Agent
Bambi Alia
Crossroads Realty Inc-Lavallette License #1864518
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,377
Year Built
- Built in 1950
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 62 x 146
Parking
- No Garage
Home Design
- Quadruplex
- Slab Foundation
Interior Spaces
- 1-Story Property
Schools
- Howell High School
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: Tenants Personal Property
- Tenant pays for yard maintenance, garbage removal, electricity
- Assessor Parcel Number 15-00026-0000-00003-02
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2021
Closed on
Jan 3, 2022
Sold by
Charnick Joanna E and Charnick Brian E
Bought by
Sumner Avenue Llc
Seller's Agent
Alexis Siciliano
RE/MAX Gateway
Buyer's Agent
Bambi Alia
Crossroads Realty Inc-Lavallette
List Price
$599,000
Sold Price
$655,000
Premium/Discount to List
$56,000
9.35%
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
-$150,839
Avg. Annual Appreciation
-6.94%
Original Mortgage
$262,500
Outstanding Balance
$242,421
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$261,740
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 |
|---|---|---|---|
| Sumner Avenue Llc | $327,500 | Arcdmano Keith N |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sumner Avenue Llc | $262,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2022 01/06/22 | Sold | $655,000 | +9.3% | -- |
| 10/18/2021 10/18/21 | Pending | -- | -- | -- |
| 10/12/2021 10/12/21 | For Sale | $599,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $6,377 | $419,600 | $231,600 | $188,000 |
| 2024 | $5,896 | $361,100 | $176,600 | $184,500 |
| 2023 | $5,896 | $311,800 | $136,600 | $175,200 |
| 2022 | $5,877 | $284,000 | $121,600 | $162,400 |
| 2021 | $5,877 | $256,200 | $106,600 | $149,600 |
| 2020 | $5,977 | $263,400 | $116,600 | $146,800 |
| 2019 | $5,936 | $260,700 | $116,600 | $144,100 |
| 2018 | $5,533 | $261,600 | $116,600 | $145,000 |
| 2017 | $5,208 | $249,800 | $106,600 | $143,200 |
| 2016 | $5,304 | $259,100 | $114,600 | $144,500 |
| 2015 | $4,844 | $257,100 | $111,600 | $145,500 |
| 2014 | $4,750 | $260,000 | $95,400 | $164,600 |
Source: Public Records
Agents Affiliated with this Home
-
Alexis Siciliano
-
E
Seller Co-Listing Agent in 2022
ELLEN KALE
RE/MAX
-
B
Buyer's Agent in 2022
Bambi Alia
Crossroads Realty Inc-Lavallette
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22133555
APN: 15-00026-0000-00003-02
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Information is deemed reliable but not guaranteed.
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