NOT LISTED FOR SALE

787 Ocean Ave Unit 1603 Long Branch, NJ 07740

Elberon Neighborhood

Estimated Value: $907,156 - $1,271,000

2 Beds
2 Baths
1,620 Sq Ft
$1,129/mo HOA Fee

Last Sold August 16, 2017

Last sale price $525,000 $324 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $8,166/month

50 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Wood Flooring
  • Community Beach Access
  • Heated In Ground Pool
  • Balcony

About This Home

As of August 2017

OCEANFRONT LUXURY LIVING with exceptional views from the sixteenth floor from every room and two great oceanfront balconies. The open floor plan creates great living space for your living and dining room combination which is key in entertaining. The corner unit gives you the ability to bring the ocean inside your extra bedroom/office with balcony and the grand master suite with a full bathroom. The Imperial House offers an extradionary lifestyle with full time concierge seven days a week, onsite professional management, private beach access w/ beach attendants, heated in ground pool, tennis courts, valet parking, full-service restaurant, fitness center, community room and lastly a private cabana with shower. Location is 45 minutes from NYC via the ferry!!!

Last Listed By

Kathryn Bateman

O'Brien Realty, LLC License #0679305 Listed on: 04/04/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,305

Year Built

  • Built in 1972

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $1,129 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Mirrored Walls

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • Sliding Doors
  • Living Room
  • Storage
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Parking

  • Subterranean Parking
  • Visitor Parking
  • Open Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Anastasia Elementary School
  • Long Branch Middle School
  • Long Branch High School

Utilities

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

Listing and Financial Details

  • Exclusions: Extra Fridge and Air System in the Living Room
  • Assessor Parcel Number 2700088000000010-17

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, mgmt fees, pool, snow removal
  • Imperial House Subdivision
  • On-Site Maintenance

Amenities

  • Valet Parking
  • Common Area

Recreation

  • Community Beach Access
  • Beach
  • Tennis Courts
  • Community Pool
  • Recreational Area
  • Snow Removal

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,305

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,129 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Oceanfront
  • ResoPoolFeatures: Heated, In Ground
  • Reso Association Amenities: Tennis Court, Professional Management, Beach, Association, Swimming, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
  • Inclusions: Blinds/Shades, Dishwasher, Light Fixtures, Self/Con Clean, Stove Hood, Refrigerator
  • Subdivision Name: Imperial House
  • Architectural Style: One Level Unit, Condo
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Balcony, Sliding Door, Wall Mirror, Recessed Lighting
  • New Construction: No
  • Year Built: 1972
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Garage Underground Garage: Yes
  • Pool Heated3: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • Location Middle School: Long Branch
  • Exterior Storage: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Landscaping: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Eat-In: Yes
  • Interior Wall Mirror: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Dining Room Sliding Door3: Yes
  • Living Room Built-Ins2: Yes
  • Exterior Rec Area: Yes
  • Living Room Floor - Ceramic2: Yes
  • Parking Visitor: Yes
  • Common Elements Beach: Yes
  • Parking Valet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Exclusions: Extra Fridge and Air System in the Living Room
  • Exterior Features: Balcony, Outdoor Shower, Private Storage, Rec Area, Storage, Swimming, Lighting, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Open, Asphalt, Underground, Valet, Visitor
  • General Property Info:Garage: Yes
  • Parking:Underground: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1129.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 2700088000000010-17
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 9305.0

MLS Schools

  • Elementary School: Anastasia
  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2017
Sold by
Nukalapati Prasuna and Nukalapati Janardan Reddy
Bought by
787 Ocean Llc
Total Days on Market
50
Current Estimated Value
$1,056,039

Purchase Details

Listed on
Apr 4, 2017
Closed on
Aug 16, 2017
Sold by
Suslovich Gem
Bought by
Nukalapati Prasuna and Nukalapati Janardan Reddy
Seller's Agent
Kathryn Bateman
O'Brien Realty, LLC
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%

Purchase Details

Closed on
Nov 14, 2007
Sold by
Cohen Sam and Cohen Sylvia
Bought by
Cohen Sam and Cohen Sylvia

Purchase Details

Closed on
Sep 5, 2003
Sold by
Sorkin Howard
Bought by
Cohen Sam and Cohen Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.15%

Purchase Details

Closed on
Nov 6, 2000
Sold by
Kohen Barbara
Bought by
Zebede Herman and Zebede Lillian

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
787 Ocean Llc -- First American Title
Nukalapati Prasuna $525,000 First American Title
Cohen Sam -- None Available
Cohen Sam $625,000 --
Zebede Herman $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Sam $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2017 08/16/17 Sold $525,000 -- $324 / 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 $13,851 $962,200 $576,000 $386,200
2023 $13,851 $891,900 $516,000 $375,900
2022 $15,162 $800,100 $450,000 $350,100
2021 $15,162 $757,700 $420,000 $337,700
2020 $14,561 $696,700 $360,000 $336,700
2019 $11,225 $534,000 $387,000 $147,000
2018 $9,864 $466,600 $325,000 $141,600
2017 $9,563 $464,000 $325,000 $139,000
2016 $9,305 $460,400 $325,000 $135,400
2015 $8,360 $375,400 $240,000 $135,400
2014 $12,323 $583,200 $192,500 $390,700
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21712944

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00087-0000-00001-1603