NOT LISTED FOR SALE

224 Chelsea Ave Long Branch, NJ 07740

Estimated Value: $683,884 - $1,074,000

8 Beds
4 Baths
2,600 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $472,000 $182 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,168/month

16 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Zoned Heating
  • Multiple cooling system units

About This Home

As of May 2018

Come check out this large 3 story side by side two family home 3 blocks from beach, boardwalk & Pier Village. Each 4 bedroom 1.5 bath unit offers living room, formal dining room, separate driveways, separate front porch, and separate basements with high ceilings with laundry. Large & deep shared back yard. Both units are on an annual lease at $2200/month each with a combined income of $4400/month. Show & Sell Today!

Last Listed By

Allison Gregory

Resources Real Estate Brokerage Phone: 732-212-0440 Listed on: 01/24/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,418

Year Built

  • Built in 1903

Lot Details

  • 10,585

Home Design

  • Duplex
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Paved Parking
  • Off-Street Parking

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Additional Features

  • Patio
  • Lot Dimensions are 53 x 200

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for yard maintenance, water, snow removal, heat, gas, electricity
  • The owner pays for sewer
  • Assessor Parcel Number 27-00200-0000-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,418

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Attribution Contact: 732-212-0440
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, Wood, Ceramic Tile
  • Reso Interior Features: Attic - Walk Up
  • Year Built: 1903
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 53 x 200
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Siding Shingle: Yes
  • Cooling Multi Units: Yes
  • Interior Attic - Walk Up: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Exterior Features: Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: HWBB, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 53 x 200
  • Parcel #: 27-00200-0000-00009
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Yard Maintenance, Water, Snow Removal, Heat, Gas, Electricity
  • Owner Pays: Sewer

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6418.0
  • Tax Other Annual Assessment Amount: 311400.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
May 30, 2018
Sold by
Kindler Yacov and Kindler Ayelet
Bought by
Grant Kenvon L and Grant Maria B
Seller's Agent
Allison Gregory
Resources Real Estate
Buyer's Agent
Weiming Wong
Keller Williams Realty West Monmouth
Sold Price
$472,000
Total Days on Market
16
Current Estimated Value
$805,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,721
Avg. Annual Appreciation
7.90%
Original Mortgage
$451,668
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2013
Sold by
Kindler Jaco and Kindler Yacov
Bought by
Kindler Yacov and Kindler Ayelet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2012
Sold by
Belilty Alain and Kindler Jacob
Bought by
Kindler Jacov

Purchase Details

Closed on
May 20, 2011
Sold by
Constanos Peter
Bought by
Belity Alain and Kindler Jacov

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
Grant Kenvon L $470,000 Green Label Title
Kindler Yacov -- None Available
Kindler Jacov -- Agent For Old Republic Natio
Belity Alain $175,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grant Kenvon L $451,668
Previous Owner Kindler Yacov $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $472,000 -- $182 / 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 $8,048 $596,300 $216,200 $380,100
2023 $8,048 $518,200 $176,200 $342,000
2022 $7,764 $442,500 $141,200 $301,300
2021 $7,764 $388,000 $122,200 $265,800
2020 $8,057 $385,500 $121,200 $264,300
2019 $7,634 $363,200 $111,200 $252,000
2018 $6,928 $327,700 $103,200 $224,500
2017 $6,418 $311,400 $91,200 $220,200
2016 $6,281 $310,800 $96,200 $214,600
2015 $5,890 $264,500 $101,500 $163,000
2014 $5,471 $258,900 $114,200 $144,700
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21802594

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00200-0000-00009