NOT LISTED FOR SALE

Estimated Value: $582,000 - $687,000

2 Beds
1 Bath
360 Sq Ft
$1,816/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $399,000 $1,108 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,328/month

12 Days on Market

Highlights

  • Property is near an ocean
  • No HOA
  • Air Conditioning
  • Wood Flooring
  • Cottage
  • Patio

About This Home

As of December 2020

CHADWICK BEACH - Here's your chance to get in on the ocean block in the desirable family community of Chadwick Beach. This is one of the few remaining original cottages. Use or rent it now and build in the future OR knock it down and build new. Do it now or do it later, the value is there and the neighborhood will certainly support it. Your family could be in before the Summer. Bay beach, playground, mini-golf, tennis, bait shop, restaurants, and ice cream are all within an easy walk. This one won't last because its rare for something like this to come available. Make an appointment today!

Last Agent to Sell the Property

Patricia Hallock

Chadwick Sales & Rentals LLC License #0784985 Listed on: 10/22/2020

Last Buyer's Agent

Jennifer Gunther

Real Estate, LTD License #2076695

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,046

Year Built

  • Built in 1943

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 50 x 30

Home Design

  • Cottage
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 360 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Crawl Space
  • Attic Fan

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Property is near an ocean
  • Patio
  • Shed

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Space Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Chadwick Bch Subdivision

Listing and Financial Details

  • Exclusions: Furniture and personal items.
  • Assessor Parcel Number 08-00921-03-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,046

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block
  • Inclusions: AC Units, Blinds/Shades, Microwave, Stove, Refrigerator, Attic Fan
  • Subdivision Name: Chadwick Bch
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Linoleum/Vinyl, Wood
  • Year Built: 1943
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.03
  • General Property Info Lot Dimensions: 50 x 30
  • Living Room Floor - Wood2: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Exterior Shed: Yes
  • Included BlindsShades: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Included Attic Fan: Yes
  • Siding Wood2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Acres: 0.03
  • Topography: Level
  • Waterfront: No
  • Exclusions: Furniture and personal items.
  • Exterior Features: Patio, Shed

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, None
  • General Property Info:Garage: No
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Space Heater, Electric BB
  • HeatingYN: Yes
  • Heating:Electric: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 30
  • Lot Size Sq Ft: 1306.8
  • Parcel #: 08-00921-03-00007
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8046.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 16, 2020
Sold by
Durrua William N and Durrua Kenneth W
Bought by
Derisi Daniel J and Derisi Jessica L
Seller's Agent
Patricia Hallock
Chadwick Sales & Rentals LLC
Buyer's Agent
Jennifer Gunther
Real Estate, LTD
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$653,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,591
Avg. Annual Appreciation
11.02%
Original Mortgage
$319,200
Outstanding Balance
$285,336
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$368,255

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 4, 2020
Sold by
Durrua William N and Durrua Norma E
Bought by
Derisi Daniel J and Derisi Jessica L
Seller's Agent
Patricia Hallock
Chadwick Sales & Rentals LLC
Buyer's Agent
Jennifer Gunther
Real Estate, LTD
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Outstanding Balance
$285,336
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$368,255

Purchase Details

Closed on
Mar 17, 2017
Sold by
Durrua Kenneth W
Bought by
Durrua William N

Purchase Details

Closed on
Nov 15, 2001
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
Derisi Daniel J $399,000 Old Republic Natl Ttl Ins Co
Derisi Daniel J $399,000 Land Title
Durrua William N -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derisi Daniel J $319,200
Closed Derisi Daniel J $319,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $399,000 0.0% $1,108 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $399,000 -- $1,108 / 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
2025 $9,280 $509,600 $384,000 $125,600
2024 $8,821 $509,600 $384,000 $125,600
2023 $8,505 $509,600 $384,000 $125,600
2022 $8,505 $509,600 $384,000 $125,600
2021 $8,447 $337,200 $306,500 $30,700
2020 $8,410 $337,200 $306,500 $30,700
2019 $8,046 $337,200 $306,500 $30,700
2018 $7,938 $337,200 $306,500 $30,700
2017 $7,870 $337,200 $306,500 $30,700
2016 $7,665 $337,200 $306,500 $30,700
2015 $7,375 $337,200 $306,500 $30,700
2014 $7,021 $337,200 $306,500 $30,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22038085

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00921-03-00007