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821 13th Ave Belmar, NJ 07719
--
Bed
--
Bath
1,050
Sq Ft
7,405
Sq Ft Lot
Highlights
- Deck
- Oversized Parking
- Ceramic Tile Flooring
- 1 Car Detached Garage
- Recessed Lighting
- 4-minute walk to Dempsey Park
About This Home
As of June 2016Excellent income producing, 4 unit property well maintained & great curb appeal. Two buildings with two units each. Duplex has shared covered front porch. Each has great floor plan: 3+ bedrooms & 1.5 baths, dishwasher & washer/dryer. (Ea over 1500 sq ft per tax records including 3rd floor for den, office or possible 4th br) Rear building has upper 2BR unit with deck and lower 1 BR unit has an updated kitchen. Extended driveway + over sized garage (currently used by LL) Gas Heat. Tenants pay all utilities. Many recent updates include: new roof all buildings; 3 kitchen renovations, new front railings on duplex and both new hwhs...full list avail. Steady consistent rents. All units rented with $66780 Convenient to beaches, Main St, trains, major roads.
Last Agent to Sell the Property
Maureen Rushalski
Coldwell Banker Realty Listed on: 12/14/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,747
Year Built
- Built in 1941
Parking
- 1 Car Detached Garage
- Oversized Parking
- Off-Street Parking
Home Design
- Quadruplex
- Shingle Roof
- Vinyl Siding
- T111 Siding
Interior Spaces
- 2-Story Property
- Recessed Lighting
- Ceramic Tile Flooring
- Basement
- Crawl Space
Kitchen
- Stove
- Dishwasher
Laundry
- Dryer
- Washer
Schools
- Belmar Middle School
Utilities
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Additional Features
- Deck
- Lot Dimensions are 50 x 150
Listing and Financial Details
- Exclusions: All personal items
- Tenant pays for hot water, water, snow removal, sewer, heat, gas, electricity
- Assessor Parcel Number 07-00137-0000-00005
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $3,000
- Gross Income $65,340
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2015
Closed on
Jun 20, 2016
Sold by
Gpe Investors Llc
Bought by
Cheng Kwok W and Yang Dan
Seller's Agent
Maureen Rushalski
Coldwell Banker Realty
Buyer's Agent
Alice Farr-Leonard
C21/ Schlossbach Realty
Sold Price
$692,500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,662
Avg. Annual Appreciation
3.83%
Original Mortgage
$330,000
Outstanding Balance
$266,633
Interest Rate
3.54%
Estimated Equity
$710,277
Purchase Details
Closed on
May 15, 2015
Sold by
Gittleman Michael
Bought by
Gpe Investors Llc
Purchase Details
Closed on
Apr 11, 2003
Sold by
Pyanoe Joseph
Bought by
Gittleman Michael and Parezo Walter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
5.86%
Similar Home in Belmar, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $692,500 | -- | |
| Bargain Sale Deed | -- | Attorney | |
| Deed | $530,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $330,000 | No Value Available | |
| Closed | -- | No Value Available | |
| Closed | $330,000 | New Conventional | |
| Previous Owner | $477,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2017 04/01/17 | Rented | $13,200 | 0.0% | -- |
| 06/06/2016 06/06/16 | Sold | $692,500 | -- | $660 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $8,956 | $637,000 | $280,000 | $357,000 |
| 2023 | $8,956 | $637,000 | $280,000 | $357,000 |
| 2022 | $8,644 | $637,000 | $280,000 | $357,000 |
| 2021 | $8,567 | $637,000 | $280,000 | $357,000 |
| 2020 | $8,568 | $637,000 | $280,000 | $357,000 |
| 2019 | $8,568 | $637,000 | $280,000 | $357,000 |
| 2018 | $7,867 | $637,000 | $280,000 | $357,000 |
| 2017 | $7,676 | $637,000 | $280,000 | $357,000 |
| 2016 | $6,624 | $346,600 | $70,000 | $276,600 |
| 2015 | $6,747 | $351,600 | $75,000 | $276,600 |
| 2014 | $7,287 | $376,600 | $100,000 | $276,600 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2017
Alice Farr-Leonard
C21/ Schlossbach Realty
(732) 496-0992
7 in this area
17 Total Sales
-
M
Seller's Agent in 2016
Maureen Rushalski
Coldwell Banker Realty
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21545743
APN: 07-00137-0000-00005
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