NOT LISTED FOR SALE

700 4th Ave Asbury Park, NJ 07712

Estimated Value: $1,214,000 - $2,433,000

9 Beds
5 Baths
-- Sq Ft
7,492 Sq Ft Lot

Last Sold July 24, 2013

Last sale price $340,000

Est. 417% increase in value since last sale

Current estimated payment $11,056/month

35 Days on Market

About This Home

As of July 2013

NOT A SHORT SALE. Huge Gracious Foyer with Magnificent Fireplace, 2 addt'l Fireplaces adorn the First Floor. Pocket Doors, Built-ins, Stained Glass & Trim Work Everywhere! This house is one of the Rare, Untouched Gracious Homes from a Previous Era. Bring your Decorator and Bring your Handyman (you will need both) and become the Owner of One of Asbury Parks Finest East Side Homes. Rear two story Home has TWO LEGAL RENOVATED Rental Units. Main House Needs FULL Restoration.

Last Agent to Sell the Property

Kenneth Rickel

Vail Realty Listed on: 10/23/2012

Last Buyer's Agent

Gerard Bohm

C21/ Schlossbach Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,530

Lot Details

  • Lot Dimensions are 75x100

Parking

  • 3 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 02805000000006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,530

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 75X100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Parking Spaces: 3.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 9
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 75X100
  • Parcel #: 02805000000006
  • Zoning Description: Has Variance

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 8530.0
  • Tax Other Annual Assessment Amount: 153800.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2012
Closed on
Jul 24, 2013
Sold by
Re Iq Investors Llc
Bought by
Bohm Gerard C and Lee Judith S
Seller's Agent
Kenneth Rickel
Vail Realty
Buyer's Agent
Gerard Bohm
C21/ Schlossbach Realty
Sold Price
$340,000
Current Estimated Value
$1,758,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,418,972
Avg. Annual Appreciation
14.26%

Purchase Details

Closed on
Mar 10, 2010
Sold by
Coleman Alonzo and Coleman Corliss
Bought by
Re Iq Investors Llc

Purchase Details

Closed on
Mar 6, 2008
Sold by
Matthews Willie and Matthews Brenda E
Bought by
Coleman Alonzo and Coleman Corliss

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2007
Sold by
Matthews Willie and Matthews Brenda E
Bought by
Matthews Willie and Matthews Brenda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1999
Sold by
Olson Arthur
Bought by
Matthews Willie and Matthews Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,940
Interest Rate
6.83%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bohm Gerard C $337,500 Westcor Land Title Insuran
Re Iq Investors Llc $191,000 None Available
Coleman Alonzo -- Ctl Title Ins Agency Inc
Matthews Willie -- None Available
Matthews Willie $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Alonzo $355,000
Previous Owner Matthews Willie $139,000
Previous Owner Matthews Willie $149,940
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2013 07/24/13 Sold $340,000 -- --
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 $21,425 $1,469,300 $577,900 $891,400
2024 $19,463 $1,354,300 $498,000 $856,300
2023 $19,463 $1,258,900 $305,500 $953,400
2022 $16,158 $1,121,100 $254,600 $866,500
2021 $16,158 $1,025,600 $231,500 $794,100
2020 $15,122 $960,100 $222,300 $737,800
2019 $14,672 $889,200 $211,600 $677,600
2018 $14,381 $807,000 $193,800 $613,200
2017 $12,097 $581,600 $160,000 $421,600
2016 $11,781 $549,500 $150,000 $399,500
2015 $11,825 $534,100 $145,000 $389,100
2014 $10,129 $370,800 $175,000 $195,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21236806

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02805-0000-00006