NOT LISTED FOR SALE

703 Sunset Ave Asbury Park, NJ 07712

Estimated Value: $1,555,000 - $2,009,000

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

Last Sold June 23, 2016

Last sale price $832,500

Est. 110% increase in value since last sale

Current estimated payment $10,961/month

80 Days on Market

Highlights

  • Lake Front
  • Shore Colonial Architecture
  • 2 Car Detached Garage
  • Lake On Lot
  • No HOA
  • 1-minute walk to Fireman's Park

About This Home

As of June 2016

One of Asbury Park's most elegant homes facing Sunset Lake & Park. Enormous wrap porch is perfect for entertaining & taking in the ocean breezes. Formal entry foyer. Living & dining rooms sport high cove ceilings, fireplace and restored stained glass windows. Large eat in kitchen with access to ample back yard. Spacious master bedroom has ensuite bath, walk in closet, study & balcony. Sweeping views of Sunset Lake & Park.

Last Agent to Sell the Property

William McClellan

Vail Realty Listed on: 02/22/2016

Last Buyer's Agent

William McClellan

Prudential Zack Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,356

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 50 x 150
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Shore Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Ceiling height of 9 feet on the upper level
  • Gas Fireplace
  • Water Views
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Lake On Lot
  • Porch

Schools

  • Asbury Park Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-02902-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,356

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Detached, Shore Colonial
  • Reso Interior Features: Ceilings - 9Ft+ 2nd Flr
  • Year Built: 1925
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Asbury Park
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Exterior Porch - Open: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Eat-In: Yes
  • Style Shore Colonial: Yes
  • Water Type Lake: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Lake
  • Waterfront: No
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 04-02902-0000-00008

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 11356.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2016
Closed on
Jun 22, 2016
Sold by
Gorham James N and King Robert S
Bought by
Weinstein Paul H and Glassman Wendi G
Seller's Agent
William McClellan
Vail Realty
Buyer's Agent
William McClellan
Prudential Zack Shore Properties
Sold Price
$832,500
Current Estimated Value
$1,748,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$916,106
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Nov 15, 2000
Sold by
Wilson David
Bought by
Gorham James and King Robert

Purchase Details

Closed on
Jan 24, 1994
Sold by
Demorjian Dolores
Bought by
Henderson Mark and Henderson Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.08%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Weinstein Paul H $832,500 Costal Title
Gorham James $160,000 --
Henderson Mark $98,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henderson Mark $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2016 06/23/16 Sold $832,500 -- --
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 $21,694 $1,592,600 $822,300 $770,300
2024 $20,262 $1,371,300 $715,000 $656,300
2023 $20,262 $1,310,600 $575,700 $734,900
2022 $15,689 $1,147,600 $479,700 $667,900
2021 $15,689 $993,000 $436,200 $556,800
2020 $14,693 $932,900 $412,300 $520,600
2019 $14,408 $873,200 $392,600 $480,600
2018 $13,627 $764,700 $336,400 $428,300
2017 $13,728 $660,000 $308,500 $351,500
2016 $11,370 $530,300 $243,500 $286,800
2015 $11,356 $512,900 $233,500 $279,400
2014 $10,694 $493,500 $308,500 $185,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21606339

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02902-0000-00008