NOT LISTED FOR SALE

714 Ocean Ave Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $2,533,000

6 Beds
5.5 Baths
-- Sq Ft
0.51 Acres

Last Sold April 27, 2020

Last sale price $1,435,000

Est. 77% increase in value since last sale

Current estimated payment $15,417/month

8 Days on Market

Highlights

  • Waterfront
  • Shore Colonial Architecture
  • Balcony
  • Wolf Hill Elementary School Rated A-
  • No HOA
  • Oversized Lot

About This Home

As of April 2020

Great opportunity to build the Beach Home of your dreams in sought-after Sea Bright! The Value is in the Land! This waterfront property boasts extensive views of both the Shrewsbury River and ocean with easy access to beautiful beaches. Amazing location, great schools, close to restaurants, shopping, train, bus and fast ferry to NYC! Call Today!

Last Agent to Sell the Property

Kerrin O'Brien

O'Brien Realty, LLC License #1007851 Listed on: 02/19/2020

Last Buyer's Agent

Mitchell Zafrani

Statewide Realty & Property Management LLC License #1649030

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,570

Lot Details

  • Lot Dimensions are 72 x 310
  • Waterfront
  • Oversized Lot

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • No Garage
  • Oversized Parking

Outdoor Features

  • Balcony

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4200024000000027

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,570

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Subdivision Name: None
  • Architectural Style: Shore Colonial
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Lot Dimensions: 72 x 310
  • Location Middle School: Maple Place
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Style Shore Colonial: Yes
  • Parking Oversized2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 3
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

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: No

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Lot Dimensions: 72 x 310
  • Parcel #: 4200024000000027

MLS Schools

  • Elementary School: Wolf Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2020
Closed on
Apr 24, 2020
Sold by
714 Ocean Avenue Mw Llc
Bought by
Brady Patrick J
Seller's Agent
Kerrin O'Brien
O'Brien Realty, LLC
Buyer's Agent
Mitchell Zafrani
Statewide Realty & Property Management LLC
List Price
$1,498,000
Sold Price
$1,435,000
Premium/Discount to List
-$63,000
-4.21%
Current Estimated Value
$2,533,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,098,000
Avg. Annual Appreciation
12.29%

Purchase Details

Closed on
Jul 17, 2002
Sold by
Akin Nancy
Bought by
Anise Magdy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.73%
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
Brady Patrick J $1,435,000 Scott Title Services Llc
Anise Magdy $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anise Magdy $2,600,000
Previous Owner Anise Magdy $250,000
Previous Owner Anise Magdy $2,175,000
Previous Owner Anise Magdy $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $1,435,000 -4.2% --
02/27/2020 02/27/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $1,498,000 -- --
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 $18,570 $2,139,100 $2,126,300 $12,800
2023 $18,570 $1,813,500 $1,802,500 $11,000
2022 $14,745 $1,444,500 $1,434,000 $10,500
2021 $14,745 $1,184,300 $1,174,000 $10,300
2020 $14,817 $1,154,000 $1,124,000 $30,000
2019 $15,383 $1,133,600 $1,104,000 $29,600
2018 $15,137 $1,054,100 $1,024,500 $29,600
2017 $13,394 $918,000 $884,500 $33,500
2016 $12,207 $935,400 $904,500 $30,900
2015 $15,801 $787,700 $386,500 $401,200
2014 $17,272 $864,900 $406,500 $458,400
Source: Public Records

Agents Affiliated with this Home

  • Kerrin O'Brien

    Seller's Agent in 2020

    Kerrin O'Brien

    O'Brien Realty, LLC

    (732) 320-6999

    4 in this area

    215 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Mitchell Zafrani

    Statewide Realty & Property Management LLC

    (732) 735-9706

    70 Total Sales

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22006760

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00024-0000-00027

New Jersey Monmouth County Sea Bright 07760 Sea Bright

714 Ocean Ave, Sea Bright, NJ

This home is located at 714 Ocean Ave, Sea Bright, NJ 07760 since 19 February 2020 and is currently estimated at $2,533,000. 714 Ocean Ave is a home located in Monmouth County with nearby schools including Wolf Hill Elementary School, Maple Place Elementary and Middle School, and Shore Regional High 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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