NOT LISTED FOR SALE

Estimated Value: $588,135 - $791,000

6 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold July 22, 2020

Last sale price $500,000

Est. 46% increase in value since last sale

Current estimated payment $5,319/month

12 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Direct Access Garage
  • Patio
  • Corner Lot
  • Solar owned by a third party
  • 4-minute walk to Acker Hot Dog Park

About This Home

As of July 2020

Great opportunity to own this well maintained 2 Family home in great location! First and Second floor apartments have Living Room, Dining Room, Kitchen and 3 bedrooms. Hardwood floors throughout. Basement partially finished for storage and laundry room. Each apartment has separate utilities. Upper level has leased solar panels. Over-sized corner property is fully fenced. 2 car attached garage. Close to GS Parkway, public transportation and shopping.

Last Listed By

Dino DeMoro

Keller Williams Realty West Monmouth Listed on: 05/20/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,616

Year Built

  • Built in 1965

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 64.92 x 70
  • Fenced
  • Corner Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Duplex
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Utilities

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

Additional Features

  • Solar owned by a third party
  • Patio

Listing and Financial Details

  • Tenant pays for heat
  • The owner pays for yard maintenance, water, snow removal, sewer
  • Assessor Parcel Number 19-00407-0000-00009

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $40
  • Fuel Expense $38
  • Water Sewer Expense $110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,616

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Corner Lot
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1965
  • 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
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 64.92 x 70
  • Lot Description Corner Lot: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Income Expenses Electric Expense: 40.0
  • Income Expenses WaterSewer Expense: 110.0
  • Unit 2 Gas Stove2: Yes
  • Income Expenses Gas Expense: 38.0
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.1
  • Waterfront: No
  • Exterior Features: Fence, Patio
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Direct Access
  • General Property Info:Garage: Yes

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 110.0

Lot Info

  • Lot Dimensions: 64.92 x 70
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 19-00407-0000-00009
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat
  • Owner Pays: Yard Maintenance, Water, Snow Removal, Sewer

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 13616.0
  • Tax Other Annual Assessment Amount: 69000.0

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 40.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 7, 2020
Sold by
Spangenberg Robert E and Spangenberg Barbara A
Bought by
Perez Joseph and Perez Selena Fox
Seller's Agent
Dino DeMoro
Keller Williams Realty West Monmouth
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$469,900
Sold Price
$500,000
Premium/Discount to List
$30,100
6.41%
Total Days on Market
12
Current Estimated Value
$727,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,534
Avg. Annual Appreciation
7.05%
Original Mortgage
$375,000
Outstanding Balance
$337,668
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$357,573

Purchase Details

Closed on
Nov 1, 2018
Sold by
Lee James P and Lee Elizabeth T
Bought by
Spangeberg Barbara A

Purchase Details

Closed on
Jul 29, 1983
Bought by
Lee Lee E and Lee Spangenberg, R

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
Perez Joseph $500,000 Acress Land Title Agency Inc
Spangeberg Barbara A -- None Available
Lee Lee E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Joseph $375,000
Previous Owner Spangenberg Robert E $55,040
Previous Owner Spangenberg Robert $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $500,000 +6.4% --
06/02/2020 06/02/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $469,900 -- --
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 $14,952 $69,000 $21,600 $47,400
2023 $14,952 $69,000 $21,600 $47,400
2022 $14,432 $69,000 $21,600 $47,400
2021 $14,082 $69,000 $21,600 $47,400
2020 $13,801 $69,000 $21,600 $47,400
2019 $13,616 $69,000 $21,600 $47,400
2018 $13,384 $69,000 $21,600 $47,400
2017 $13,186 $69,000 $21,600 $47,400
2016 $12,864 $69,000 $21,600 $47,400
2015 $11,901 $69,000 $21,600 $47,400
2014 $11,618 $69,000 $21,600 $47,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22015867

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 19-00407-0000-00009