NOT LISTED FOR SALE

705 Madison Ave Bradley Beach, NJ 07720

Estimated Value: $1,594,000 - $1,682,117

5 Beds
3 Baths
2,324 Sq Ft
$711/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $1,070,000 $460 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $9,669/month

131 Days on Market

Highlights

  • Sauna
  • Deck
  • Steam Shower
  • Colonial Architecture
  • Wood Flooring
  • Mud Room

About This Home

As of July 2020

Renovated to perfection. This stately home has old world charm with all the modern updates. Located just 3 blocks to the beach, this retreat rests on a large 250 foot deep lot. Perfect for backyard entertaining or plenty of room for an in-ground pool, cabana and margueritas. A rare home with 5 generous sized bedrooms and a full bath on each three levels. Beautiful hardwood floors in the living room, dining room and bedrooms, bamboo floors in the kitchen and porcelain tile floors in the 2nd & 3rd floor baths. A gourmet kitchen with Liebherr and GE Monogram appliances, granite counter tops, center aisle and cozy dining area. The master bedroom en-suite bath features a deep bath claw-foot tub & Thermasol steam shower. Time to rest, relax and enjoy the beach life.

Last Agent to Sell the Property

Mark Pasch

Pasch Real Estate License #1222792 Listed on: 02/05/2020

Last Buyer's Agent

Patrick Parker

Patrick Parker Realty License #0336463

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,755

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 41 x 250

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2,324 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Blinds
  • Mud Room
  • Living Room
  • Dining Room
  • Sauna
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on third floor
  • 3 Full Bathrooms
  • Steam Shower
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Bradley Beach Elementary And Middle School
  • St. Rose High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Curtains,chandeliers & sconces on 1st and 3rd flr; beaded chandelier 2nd flr BR, 1st flr furniture.
  • Assessor Parcel Number 08-00035-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,755

Year Built

Built in 1924

Lot Details

10,237 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Sauna
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Wood
  • Year Built: 1924
  • Contract Info List PriceSqFt: 479.73
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Lot Dimensions: 41 x 250
  • Location Middle School: Bradley Beach
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • SidingStucco: Yes
  • Included Sauna: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes
  • Dining Room Features:KitchenDinette: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom Level Third43: Yes
  • Primary Bath Steam Shower: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Curtains,chandeliers & sconces on 1st and 3rd flr; beaded chandelier 2nd flr BR, 1st flr furniture.
  • Exterior Features: Deck, Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 41 x 250
  • Parcel #: 08-00035-0000-00013

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8755.0

MLS Schools

  • Elementary School: Bradley Beach
  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Jul 31, 2020
Sold by
Chaffin Ronald M and Koshelyaevskaya Evgeniya
Bought by
Richter Saul and Morgan Jessica
Seller's Agent
Mark Pasch
Pasch Real Estate
Buyer's Agent
Patrick Parker
Patrick Parker Realty
List Price
$1,114,900
Sold Price
$1,070,000
Premium/Discount to List
-$44,900
-4.03%
Current Estimated Value
$1,651,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,529
Avg. Annual Appreciation
8.13%
Original Mortgage
$802,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2020
Closed on
Jul 30, 2020
Sold by
Chaffin Ronald M and Koshelyaevskaya Evgeniya
Bought by
Richter Saul and Morgan Jessica
Seller's Agent
Mark Pasch
Pasch Real Estate
Buyer's Agent
Patrick Parker
Patrick Parker Realty
List Price
$1,114,900
Sold Price
$1,070,000
Premium/Discount to List
-$44,900
-4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2017
Sold by
Chaffin Ronald M
Bought by
Chaffin Ronald M and Koshelyaevskaya Evgeniya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,200
Interest Rate
3.89%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2010
Sold by
Napolitano Paul S
Bought by
Chaffin Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1999
Sold by
Horvah Aurelia
Bought by
Napolitanao Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Richter Saul $1,070,000 Land Title
Richter Saul $1,070,000 Crownline Title Agency Llc
Chaffin Ronald M -- --
Chaffin Ronald $670,000 Chicago Title Insurance Co
Napolitanao Paul $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richter Saul $802,500
Previous Owner Richter Saul $802,500
Previous Owner Chaffin Ronald M $440,200
Previous Owner Chaffin Ronald $502,500
Previous Owner Napolitanao Paul $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $1,070,000 -4.0% $460 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $1,114,900 -- $480 / Sq Ft
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 $13,935 $1,602,700 $772,300 $830,400
2024 $13,053 $1,519,600 $735,200 $784,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22004832

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00035-0000-00013

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