NOT LISTED FOR SALE

711 Sewall Ave Asbury Park, NJ 07712

Estimated Value: $705,000 - $930,000

4 Beds
2 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold November 28, 2016

Last sale price $290,000

Est. 195% increase in value since last sale

Current estimated payment $5,580/month

162 Days on Market

Highlights

  • Wood Flooring
  • Fenced
  • Heating System Uses Natural Gas

About This Home

As of November 2016

Two family in South East Asbury. Property includes 2 units, 2 bedrooms in each unit, producing $30,000 in gross annual income. Separate gas and electric meters for each unit. Large lot with concrete driveway, plenty of parking. Maintenance free exterior with newer vinyl siding, porch and railings. Newer roof and resurfaced foundation. Walking distance to the downtown and mass transit. Ready for investors!

Last Agent to Sell the Property

Lydia Bourgeois

John C. Conover Agency Listed on: 03/23/2016

Last Buyer's Agent

Kimberly Newsome

Resources Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,095

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50 x 100
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • No Garage
  • Paved Parking

Schools

  • Asbury Park Middle School

Utilities

  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water, heat, gas, electricity
  • The owner pays for yard maintenance, water, snow removal, sewer
  • Assessor Parcel Number 04-02605-0000-00010

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $292
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,095

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Asbury Park
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • General Property Info # Parking Spaces: 4.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses WaterSewer Expense: 292.0
  • Income Expenses Gross Income2: 30000.0
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, None
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No
  • Parking:Paved2: Yes

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 292.0

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 04-02605-0000-00010
  • Zoning Description: Conforming Use

Rental Info

  • Tenant Pays: See Remarks, Hot Water, Heat, Gas, Electricity
  • Owner Pays: Yard Maintenance, Water, Snow Removal, Sewer

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6095.0
  • Tax Other Annual Assessment Amount: 275300.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2018
Sold by
Ewing Victoria and Karagiannis Dimitra
Bought by
Ewing Victoria
Current Estimated Value
$854,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,275
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2016
Closed on
Dec 12, 2016
Sold by
Efthimios Exarhos
Bought by
Ewing Victoria and Karagiannis Dimitra
Seller's Agent
Lydia Bourgeois
John C. Conover Agency
Buyer's Agent
Kimberly Newsome
Resources Real Estate
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Original Mortgage
$217,500
Interest Rate
4.13%

Purchase Details

Closed on
Apr 11, 2007
Sold by
Exarhos Efthimios and Koukoumis Euthimios
Bought by
Exarhos Efthimios and Koukoumis Euthimios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2005
Sold by
Iesals Robert
Bought by
Exarhos Efthimos and Koukoumis Euthimios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2004
Sold by
Rdr Properties Inc
Bought by
Iesals Robert and Iesals Zorine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 1997
Sold by
Holman Denise
Bought by
Brown Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 1997
Sold by
Davis Carol
Bought by
Holman Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.5%
Mortgage Type
Commercial
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
Ewing Victoria -- Amrock Inc
Ewing Victoria -- --
Exarhos Efthimios -- First American Title Ins Co
Exarhos Efthimos $285,000 --
Iesals Robert $220,000 --
Brown Janice $120,000 --
Holman Denise $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ewing Victoria $222,275
Closed Ewing Victoria $217,500
Closed Ewing Victoria --
Previous Owner Exarhos Efthimios $42,500
Previous Owner Exarhos Efthimos $256,500
Previous Owner Iesals Robert $176,000
Previous Owner Brown Janice $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2016 11/28/16 Sold $290,000 -- --
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 $12,567 $737,700 $519,100 $218,600
2024 $9,196 $794,400 $487,500 $306,900
2023 $9,196 $594,800 $317,300 $277,500
2022 $7,418 $516,600 $264,400 $252,200
2021 $7,418 $469,500 $240,400 $229,100
2020 $6,823 $433,200 $228,700 $204,500
2019 $6,511 $394,600 $217,800 $176,800
2018 $6,223 $349,200 $192,500 $156,700
2017 $6,660 $320,200 $185,000 $135,200
2016 $6,147 $286,700 $175,000 $111,700
2015 $6,095 $275,300 $110,000 $165,300
2014 $5,623 $259,500 $150,000 $109,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lydia Bourgeois

    John C. Conover Agency

  • K

    Buyer's Agent in 2016

    Kimberly Newsome

    Resources Real Estate

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21611184

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02605-0000-00010

New Jersey Monmouth County Asbury Park 07712

711 Sewall Ave, Asbury Park, NJ

This home is located at 711 Sewall Ave, Asbury Park, NJ 07712 since 23 March 2016 and is currently estimated at $854,946. This property was built in 1920. 711 Sewall Ave is a home located in Monmouth County with nearby schools including Asbury Park High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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