NOT LISTED FOR SALE

Estimated Value: $1,146,000 - $1,777,258

7 Beds
3.5 Baths
-- Sq Ft
7,492 Sq Ft Lot

Last Sold September 11, 2020

Last sale price $705,000

Est. 92% increase in value since last sale

Current estimated payment $8,402/month

224 Days on Market

Highlights

  • Water Views
  • Oceanside
  • Fenced
  • Heated In Ground Pool
  • Multiple cooling system units

About This Home

As of September 2020

OCEAN BLOCK ONE OF A KIND! Located on a oversize 75x100 lot, this property is the definition of a shore retreat. Complete with 3 bedrooms 1.5 bath in the main house and a separate back house which contains 4 bedrooms 2 full baths..have a family compound or live in one of the houses and collect rent from the other. In addition the property included a heated in ground pool with stamped concrete, parking for 7, 2 outdoor showers, the list is endless. Current owner does not rent the property but has in the past.

Last Agent to Sell the Property

Matthew Garabedian

Garabedian Realty Group, LLC License #9804363 Listed on: 06/13/2020

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,923

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 75 x 100
  • Fenced

Parking

  • Open Parking

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 7 Bedrooms

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Oceanside

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 28-00048-0000-00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,923

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Oceanside
  • ResoPoolFeatures: Heated, In Ground
  • Subdivision Name: None
  • Year Built: 1948
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Pool Heated3: Yes
  • General Property Info Lot Dimensions: 75 x 100
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Exterior Swimming Area: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Fence, Swimming Area
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open
  • General Property Info:Garage: No
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 75 x 100
  • Parcel #: 28-00048-0000-00017

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7923.0
  • Tax Other Annual Assessment Amount: 570000.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2020
Closed on
Sep 15, 2020
Sold by
Dandrea Leonardo
Bought by
Wnek Daniel Matthew and Wnek Laura
Seller's Agent
Matthew Garabedian
Garabedian Realty Group, LLC
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$724,000
Sold Price
$705,000
Premium/Discount to List
-$19,000
-2.62%
Current Estimated Value
$1,351,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,815
Avg. Annual Appreciation
14.03%
Original Mortgage
$528,750
Outstanding Balance
$470,295
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$881,520

Purchase Details

Listed on
Dec 17, 2016
Closed on
May 23, 2017
Sold by
Hobor Peter
Bought by
Andrea Leonardo D
Seller's Agent
Valerie A. Dickson
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
Matthew Garabedian
Garabedian Realty Group, LLC
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.87%
Original Mortgage
$450,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2014
Sold by
Engelhardt Fred Lewis and Kaminsky Janie
Bought by
Hobor Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2004
Sold by
Byrne Margaret M
Bought by
Madison Ruth

Purchase Details

Closed on
Sep 8, 1999
Sold by
Horvath Arnold F and Horvath Bernice A
Bought by
Engelhardt Fred L and Engelhardt Janie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
7.37%
Mortgage Type
Stand Alone First
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
Wnek Daniel Matthew $705,000 Counsellors Title
Andrea Leonardo D $750,000 Old Republic Title
Hobor Peter $570,000 None Available
Madison Ruth $290,000 Lawyers Title Insurance Corp
Engelhardt Fred L $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wnek Daniel Matthew $528,750
Previous Owner Dandrea Leonardo $466,000
Previous Owner Andrea Leonardo D $450,000
Previous Owner Hobor Peter $400,000
Previous Owner Engelhardt Fred L $150,000
Previous Owner Engelhardt Fred L $75,000
Previous Owner Engelhardt Fred L $231,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $705,000 -2.6% --
07/17/2020 07/17/20 Pending -- -- --
06/13/2020 06/13/20 Price Changed $724,000 0.0% --
06/13/2020 06/13/20 For Sale $724,000 -0.7% --
05/07/2020 05/07/20 Pending -- -- --
03/13/2020 03/13/20 Price Changed $729,000 -4.0% --
12/05/2019 12/05/19 For Sale $759,000 +1.2% --
05/31/2017 05/31/17 Sold $750,000 -- --
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 $12,430 $759,800 $599,500 $160,300
2024 $12,225 $759,800 $599,500 $160,300
2023 $11,792 $759,800 $599,500 $160,300
2022 $11,792 $759,800 $599,500 $160,300
2021 $11,317 $745,000 $625,000 $120,000
2020 $8,567 $570,000 $450,000 $120,000
2019 $8,476 $570,000 $450,000 $120,000
2018 $7,923 $570,000 $450,000 $120,000
2017 $8,043 $570,000 $450,000 $120,000
2016 $7,478 $570,000 $450,000 $120,000
2015 $11,450 $836,400 $625,000 $211,400
2014 $10,940 $836,400 $625,000 $211,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21947311

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 28-00048-0000-00017