NOT LISTED FOR SALE

85 Ocean Ave Waretown, NJ 08758

Estimated Value: $409,000 - $438,000

3 Beds
2 Baths
1,521 Sq Ft
$279/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $195,000 $128 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,612/month

25 Days on Market

Highlights

  • Bay View
  • New Kitchen
  • Wood Flooring
  • Custom Home
  • Deck
  • Attic

About This Home

As of July 2017

Beautiful Custom Cape with 1,521 SF, walking distance to Open Water & Marina, built on Pilings, 3 Bdrms, 2 Full Baths, Central Air, Gas Heat, New Hot Water Heater, Newer Kitchen with Granite Counter-tops, Stainless Steel Stove & Dishwasher, New Refrigerator, also has Granite Desk/Workspace, Eat-in & Dining Area can accomodate Large Table & Family Gatherings, Master Bdrm, 2nd Bdrm & Full Bath Upstairs, 1 Bdrm & Full Bath Downstairs. Very open Floor Plan. Open Water at end of Street, short walk or bike ride. Deck, Storage Shed, & Public access to drop Boat or Jet-skis, why pay
Waterfront Prices when you can have all the Benefits down the Street. Property is currently in X500 Flood Zone. Have Flood Insurance quote from John Hill Agency, $500 year, If Buyer purchases this Policy, it will not be required at higher price. Home has never flooded & is only 2 Blocks from Open Water.

Last Agent to Sell the Property

Kathy Watts

Diane Turton, Realtors-Point Pleasant Boro Listed on: 05/14/2017

Last Buyer's Agent

James Murray

RE/MAX at Barnegat Bay License #0787342

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,513

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 60 x 80
  • Fenced

Parking

  • No Garage

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1,521 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Living Room
  • Dining Room
  • Bay Views
  • Crawl Space
  • Laundry Room
  • Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Schools

  • Southern Reg High 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

  • Exclusions: Washer/Dryer
  • Assessor Parcel Number 21-00183-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,513

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: See Remarks, Other
  • Inclusions: Window Treatments, Blinds/Shades, Self/Con Clean, Stove, Stove Hood, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Cape
  • Reso Flooring: Ceramic Tile, Linoleum/Vinyl, Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic, Attic - Other
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1989
  • Contract Info List PriceSqFt: 131.43
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 60 x 80
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Interior Attic: Yes
  • Included BlindsShades: Yes
  • Included Stove Hood: Yes
  • Garage None4: Yes
  • Included Window Treatments: Yes
  • Style Cape: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Ceramic Tile3: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Eat-In: Yes
  • Water Type Bayview: Yes
  • Floors Tile: Yes
  • Siding Wood2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Waterfront Features: Other - See Remarks, Bayview
  • Waterfront: No
  • Exclusions: Washer/Dryer
  • Exterior Features: Deck, Fence, Shed

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

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 60 x 80
  • Parcel #: 21-00183-0000-00005
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3513.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2017
Closed on
Jul 19, 2017
Sold by
Ercole Matthew M and Ercole Kimberly
Bought by
Marone Joseph
Seller's Agent
Kathy Watts
Diane Turton, Realtors-Point Pleasant Boro
Buyer's Agent
James Murray
RE/MAX at Barnegat Bay
Sold Price
$195,000
Current Estimated Value
$424,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,930
Avg. Annual Appreciation
9.57%
Original Mortgage
$185,250
Outstanding Balance
$153,996
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$270,934

Purchase Details

Listed on
Jan 26, 2016
Closed on
Apr 15, 2016
Sold by
Pennymac
Bought by
Ercole Matthew and Ercole Kimberly
Seller's Agent
Yosef Beane
Keypoint Realty LLC
Buyer's Agent
Kathy Watts
Diane Turton, Realtors-Toms River
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.64%
Original Mortgage
$158,332
Interest Rate
3.58%

Purchase Details

Closed on
Jun 15, 2015
Sold by
Toye Margaret E and Toye Michael R
Bought by
Pennymac Corp

Purchase Details

Closed on
Apr 28, 2000
Sold by
New Ipi Properties Co
Bought by
Toye Margaret and Toye Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.21%

Purchase Details

Closed on
Nov 30, 1999
Sold by
Mcgeary James B and Mcgeary Sharon
Bought by
New Pip Properties Co Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marone Joseph $195,000 American Land Title
Ercole Matthew -- --
Pennymac Corp -- Attorney
Toye Margaret $98,000 --
New Pip Properties Co Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marone Joseph $185,250
Previous Owner Ercole Matthew $158,332
Previous Owner Ercole Matthew --
Previous Owner Toye Margaret $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2017 07/21/17 Sold $195,000 +25.8% $128 / Sq Ft
04/11/2016 04/11/16 Sold $155,000 -- -- View Prior Sale
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 $4,862 $322,200 $101,600 $220,600
2024 $4,284 $322,200 $101,600 $220,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21718808

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 21-00183-0000-00005