NOT LISTED FOR SALE

720 Ocean Ave Unit 8 Long Branch, NJ 07740

Estimated Value: $366,226 - $442,000

1 Bed
1 Bath
736 Sq Ft
$238/mo HOA Fee

Last Sold March 26, 2019

Last sale price $250,000 $340 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,853/month

8 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Balcony
  • In Ground Pool
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of March 2019

Welcome to this Move in Ready 1 Bedroom 1 Full Bath Condo in desired Long Branch! Enter the bright and airy Living room to find gleaming hardwood floors throughout. Sliding glass doors lead you to the covered patio, where you can relax and take in the ocean breeze. The Beautiful EIK offers granite counters, SS appliances, and recessed lighting. Spacious bedroom holds a double closet for storing all of your personal belongings and sliding glass doors to one more covered balcony. A full bath will complete this home. Amenities include an inground pool and on-site laundry facility. Perfect location just minutes from the Beach, Pier Village, Restaurants, and Shopping. This could all be yours! Don't miss the chance to call this your new home today!!

Last Agent to Sell the Property

Robert Dekanski

RE/MAX 1st. Advantage License #0232901 Listed on: 02/11/2019

RE/MAX 1st. Advantage

Co-Listed By

Michael Laico

RE/MAX 1st. Advantage License #1221934

Last Buyer's Agent

Eric Carlson

RE/MAX 1st. Advantage License #1752778

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,313

Year Built

  • Built in 1975

Lot Details

  • 2.83

HOA Fees

  • $238 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • No Garage
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Location

  • Upper Level

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Personal belongings, Drapes/Window Treatments, Custom Area Rugs.
  • Assessor Parcel Number 27-00088-0000-00010-08

Community Details

Overview

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

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,313

Year Built

Built in 1975

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common, In Ground
  • Reso Association Amenities: Common Laundry, Association, Pool, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Mgmt Fees, Pool, Snow Removal
  • Co List Office Mls Id: 2127
  • Co List Office Phone: 732-382-0200
  • Inclusions: Dishwasher, Electric Cooking, Microwave, Refrigerator
  • Subdivision Name: Chalet
  • Architectural Style: Upper Level, Condo
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Sliding Door, Recessed Lighting
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1975
  • 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: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Farm: No
  • Location Middle School: Long Branch
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Included Electric Cooking: Yes
  • Garage None4: Yes
  • Kitchen GraniteStone Counter: Yes
  • SidingBrick: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Living Room Sliding Door2: Yes
  • Cooling Multi Units: Yes
  • Common Elements Common Laundry: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Personal belongings, Drapes/Window Treatments, Custom Area Rugs.
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Off Street, None
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 238.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00088-0000-00010-08

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4313.0

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Mar 26, 2019
Sold by
Mutch Paul and Mutch Lori M
Bought by
Vallone Matthew
Seller's Agent
Robert Dekanski
RE/MAX 1st. Advantage
Buyer's Agent
Eric Carlson
RE/MAX 1st. Advantage
Sold Price
$250,000
Current Estimated Value
$401,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,057
Avg. Annual Appreciation
7.87%
Original Mortgage
$187,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2015
Closed on
May 20, 2015
Sold by
Chaiet Paul F
Bought by
Mutch Paul and Defazio Lori
Seller's Agent
Rose Tawil
Brokers 3 Realtors
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$144,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 1, 2000
Sold by
Illion Richard
Bought by
Stokhamer Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.21%
Source: Public Records

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Range of Values:

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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
Vallone Matthew $250,000 Trident Abstract Ttl Agcy Ll
Mutch Paul $180,000 East Coast Title Agency
Stokhamer Michael $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallone Matthew $50,000
Open Vallone Matthew $183,000
Closed Vallone Matthew $183,000
Closed Vallone Matthew $187,500
Previous Owner Mutch Paul $144,000
Previous Owner Stokhamer Michael $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2019 03/26/19 Sold $250,000 +38.9% $340 / Sq Ft
05/21/2015 05/21/15 Sold $180,000 -- $245 / Sq Ft
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 $4,684 $306,900 $190,000 $116,900
2023 $4,684 $301,600 $190,000 $111,600
2022 $4,942 $260,300 $162,000 $98,300
2021 $4,942 $247,000 $155,000 $92,000
2020 $4,941 $236,400 $145,000 $91,400
2019 $4,364 $207,600 $110,000 $97,600
2018 $4,313 $204,000 $110,000 $94,000
2017 $3,961 $192,200 $100,000 $92,200
2016 $3,838 $189,900 $100,000 $89,900
2015 $3,543 $170,300 $90,000 $80,300
2014 $3,820 $192,600 $115,000 $77,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21905677

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00088-0000-00010-08