NOT LISTED FOR SALE

707 Bangs Ave Unit 404 Asbury Park, NJ 07712

Estimated Value: $734,000 - $923,000

2 Beds
2 Baths
-- Sq Ft
$335/mo HOA Fee

Last Sold February 28, 2019

Last sale price $540,000

Est. 48% increase in value since last sale

Current estimated payment $5,642/month

8 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • Balcony
  • Recessed Lighting
  • 4-minute walk to Kennedy Park

About This Home

As of February 2019

The much sought out TWO bedroom corner unit in the MERCURY is FINALLY on the market. This beautiful and modern 2 bedroom, 2 bath condo is located conveniently in downtown Asbury Park . Open floor plan with floor to ceiling windows, washer/dryer, high ceilings, recessed lighting, ceiling fans, hardwood floors, custom walk-in closets. Open kitchen with high end appliances, stone countertops and European lacquer cabinets. Enjoy being in the heart of downtown close to restaurants, shops and summer concerts and only 4 blocks to the beach.

Last Agent to Sell the Property

Peter Cunha

Real Broker, LLC License #0454705 Listed on: 02/12/2019

Real Broker, LLC

Last Buyer's Agent

Kimberly Newsome

Resources Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,916

Lot Details

  • 10,019

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Upper Level

Listing and Financial Details

  • Exclusions: All Personal Belongings
  • Assessor Parcel Number 04-02506-0000-00005-404-C0404

Community Details

Overview

  • Association fees include trash, common area, exterior maint, mgmt fees, snow removal
  • The Mercury Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,916

Lot Details

0

HOA Fees

$335 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Association, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Mgmt Fees, Snow Removal
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator, Garage Door Opener
  • Subdivision Name: The Mercury
  • Architectural Style: Upper Level
  • Reso Interior Features: Balcony, Recessed Lighting
  • Property Attached Yn: Yes
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Allowable Pet Size Limit: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Garage Underground Garage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Included BlindsShades: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Floor - Wood4: Yes
  • Allowable One Dog: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Walk-in Closet2: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront: No
  • Exclusions: All Personal Belongings
  • Exterior Features: Balcony

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Covered, Off Street, Underground
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 334.81
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Lot Info

  • Parcel #: 04-02506-0000-00005-404-C0404

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7916.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Mar 7, 2019
Sold by
Cunha Amber and Cunha Peter Cunha
Bought by
Harnett Christopher J
Seller's Agent
Peter Cunha
Real Broker, LLC
Buyer's Agent
Kimberly Newsome
Resources Real Estate
Sold Price
$540,000
Current Estimated Value
$797,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,372
Avg. Annual Appreciation
6.48%
Interest Rate
4.41%

Purchase Details

Closed on
Nov 27, 2013
Sold by
707 Bangs Llc
Bought by
Cunha Peter and Cunha Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Harnett Christopher J $540,000 --
Cunha Peter $372,500 Scott Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Harnett Christopher J --
Previous Owner Cunha Peter $65,900
Previous Owner Cunha Peter $298,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $540,000 -- --
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
2024 $10,831 $770,600 $231,200 $539,400
2023 $10,831 $700,600 $210,200 $490,400
2022 $8,913 $609,200 $182,800 $426,400
2021 $8,461 $564,100 $169,200 $394,900
2020 $8,461 $537,200 $161,200 $376,000
2019 $7,775 $471,200 $141,400 $329,800
2018 $7,916 $444,200 $133,300 $310,900
2017 $8,035 $386,300 $115,900 $270,400
2016 $7,862 $366,700 $110,000 $256,700
2015 $8,039 $363,100 $119,800 $243,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21903819

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02506-0000-00005-404-C0404