NOT LISTED FOR SALE

Estimated Value: $607,562 - $806,000

2 Beds
1.5 Baths
-- Sq Ft
$653/mo HOA Fee

Last Sold August 23, 2021

Last sale price $550,000

Est. 27% increase in value since last sale

Current estimated payment $4,802/month

39 Days on Market

Highlights

  • Water Views
  • Outdoor Pool
  • Balcony
  • Monmouth Beach School District Rated A
  • 7.55 Acre Lot
  • 1 Car Detached Garage

About This Home

As of August 2021

Want two bedrooms but don't want the extra HOAs and taxes? Well this is your condo! Move right into this cutting edge updated condominium. This is not your grandmothers decor that has to be revived before you can even think of taking occupancy! Fabulous marina views and breathtaking sunsets round out the place you want to be.

Last Agent to Sell the Property

Sharon Umbs

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #7934746 Listed on: 06/12/2021

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Andrew Kligman

RE/MAX Synergy License #8641055

RE/MAX Synergy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,697

Year Built

  • Built in 1975

Lot Details

  • 7.55

HOA Fees

  • $653 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Pool

Schools

  • Monmouth Beach Elementary And Middle School

Utilities

  • Cooling Available
  • Boiler Heating System
  • Heat Pump System

Community Details

  • High-Rise Condominium
  • Channel Clb Twr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34-00025-0000-00007-01

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,697

Year Built

Built in 1975

Lot Details

0

HOA Fees

$653 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: Channel Clb Twr
  • Architectural Style: High Rise, Detached
  • Year Built: 1975
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 7.55
  • Location Middle School: Monmouth Beach
  • WaterSewer Public Water: Yes
  • Water Heater Off Boiler: Yes
  • Style High Rise: Yes
  • Heating Electric Heat Pump2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Flat
  • Acres: 7.55
  • Waterfront: No
  • Exterior Features: Balcony
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Cooling: Electric Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Electric Heat Pump
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes
  • HeatingCooling:Electric Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 653.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Monmouth Beach

Lot Info

  • Lot Size Sq Ft: 328878.0
  • Parcel #: 34-00025-0000-00007-01

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4697.0

MLS Schools

  • Elementary School: Monmouth Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Aug 12, 2021
Sold by
Baratta Mark
Bought by
Schwartz Josh and Schwartz Alina
Seller's Agent
Sharon Umbs
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Andrew Kligman
RE/MAX Synergy
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Current Estimated Value
$696,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,641
Avg. Annual Appreciation
7.59%
Original Mortgage
$495,000
Outstanding Balance
$450,413
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$289,832

Purchase Details

Closed on
Apr 17, 2008
Sold by
Everet J Wataha Revocable Trust
Bought by
Baratta Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,500
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
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
Schwartz Josh $550,000 All Ahead Title Agency
Baratta Mark $405,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Josh $495,000
Previous Owner Baratta Mark $286,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $550,000 -8.2% --
07/21/2021 07/21/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $599,000 -- --
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 $5,238 $611,400 $320,500 $290,900
2024 $5,238 $511,400 $234,000 $277,400
2023 $5,238 $508,500 $270,000 $238,500
2022 $5,095 $439,300 $214,500 $224,800
2021 $5,095 $401,200 $181,500 $219,700
2020 $4,697 $383,100 $126,400 $256,700
2019 $4,465 $371,500 $122,600 $248,900
2018 $4,380 $356,400 $117,600 $238,800
2017 $4,490 $354,100 $116,900 $237,200
2016 $3,917 $296,100 $97,700 $198,400
2015 $3,502 $278,600 $91,900 $186,700
2014 $3,396 $261,200 $114,900 $146,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22118308

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00025-0000-00007-01