NOT LISTED FOR SALE

707 Bangs Ave Unit 406 Asbury Park, NJ 07712

Estimated Value: $689,000 - $714,000

1 Bed
2 Baths
1,217 Sq Ft
$263/mo HOA Fee

Last Sold November 20, 2018

Last sale price $440,000 $362 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,863/month

14 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Direct Access Garage
  • Living Room
  • Den
  • Ceiling height of 9 feet on the upper level
  • 4-minute walk to Kennedy Park

About This Home

As of November 2018

THE MERCURY-Enjoy the urban sophistication and vibrancy of city living with fine dining, shopping, and entertainment venues just outside your door. Combine that with an award winning beach and a transportation center just blocks away and you can have it all!Located in a solidly constructed concrete building with underground parking this spacious condo boasts of oversized windows, dramatic 9 ft ceilings, hardwood floors throughout and a modern open floor plan. The ''bonus room'' is perfect for guests, a media room or a work at home option. Whether your are looking for an investment property, a vacation home, or want to live in Asbury full time ''The Mercury'' is a terrific find.

Last Agent to Sell the Property

Susan McCarthy

Diane Turton, Realtors-Spring Lake License #0446528 Listed on: 09/11/2018

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Dominic Barty-King

Heritage House Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,962

Year Built

  • Built in 2007

Lot Details

  • 10,019

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,217 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the upper level
  • Living Room
  • Den
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on fourth floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Handicap Accessible
  • Upper Level

Listing and Financial Details

  • Exclusions: tenants personal possessions
  • Assessor Parcel Number 04-02506-0000-00005-406-C0406

Community Details

Overview

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

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,962

Year Built

Built in 2007

Lot Details

0

HOA Fees

$263 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Mgmt Fees, Snow Removal
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Self/Con Clean, Refrigerator
  • Subdivision Name: The Mercury
  • Architectural Style: One Level Unit, Upper Level, Condo
  • Reso Interior Features: Ceilings - 9Ft+ 2nd Flr, Den, Elevator
  • New Construction: No
  • Year Built: 2007
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: 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
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Garage Underground Garage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Exterior Controlled Access: Yes
  • Garage Direct Entry: Yes
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Interior Den: Yes
  • SidingBrick: Yes
  • Included SelfCon Clean: Yes
  • Allowable One Cat: Yes
  • Allowable One Dog: Yes
  • General Property Info # UnitsBldgs: 18.0
  • Allowable Elevator4: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Total Bedrooms: 6
  • 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
  • Other Rooms:Den2: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom Level Fourth43: Yes

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exclusions: tenants personal possessions
  • Construction Type: Brick
  • Exterior Features: Controlled Access
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Covered, Off Street, Underground, Direct Access
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • ParkingOffStreet: Yes
  • Parking:Underground: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 263.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

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

Lot Info

  • Parcel #: 04-02506-0000-00005-406-C0406

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6962.0

Multi Family

  • Number Of Units Total: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Nov 20, 2018
Sold by
Picinich Martin N and Picinich Julia
Bought by
Tabora Vincent
Seller's Agent
Susan McCarthy
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Dominic Barty-King
Heritage House Sotheby's International Realty
Sold Price
$440,000
Current Estimated Value
$703,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,579
Avg. Annual Appreciation
7.19%
Original Mortgage
$396,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2015
Closed on
Jan 31, 2016
Sold by
707 Bangs Llc
Bought by
Picinich Martin N and Picinich Julia
Seller's Agent
Pat Fasano
Fasano Realty
Buyer's Agent
Susan McCarthy
Prudential Zack Shore Properties
Sold Price
$339,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
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
Tabora Vincent $440,000 Arcadia Title Agency
Picinich Martin N $339,000 Scott Title Servces
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tabora Vincent $387,500
Closed Tabora Vincent $387,500
Closed Tabora Vincent $396,000
Closed Tabora Vincent F $1,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $440,000 +29.8% $362 / Sq Ft
02/02/2016 02/02/16 Sold $339,000 0.0% $272 / Sq Ft
02/01/2012 02/01/12 Rented $20,400 -- --
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 $9,206 $655,000 $196,500 $458,500
2023 $9,206 $595,500 $178,600 $416,900
2022 $7,575 $517,800 $155,300 $362,500
2021 $7,575 $479,400 $143,800 $335,600
2020 $7,191 $456,600 $137,000 $319,600
2019 $6,727 $407,700 $122,300 $285,400
2018 $6,859 $384,900 $115,500 $269,400
2017 $6,962 $334,700 $100,400 $234,300
2016 $6,325 $295,000 $88,500 $206,500
2015 $6,467 $292,100 $96,400 $195,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21836032

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02506-0000-00005-406-C0406