1 Patriots Way Middletown, NJ 07748
New Monmouth NeighborhoodEstimated Value: $1,254,265 - $1,375,000
5
Beds
3.5
Baths
5,000
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- Home Theater
- In Ground Pool
- New Kitchen
- Middletown Village Elementary School Rated A-
- Custom Home
- Deck
About This Home
As of February 2021Rare opportunity to purchase a very special home in highly desirable Middletown. Situated on a cul-de-sac this 5 bedroom, 3 1/2 bath home boasts upgrades galore! Dramatic 2 story foyer, gleaming hardwood floors, high ceilings, and open concept floor plan. Sun drenched living room opens to large formal dining room w/ tray ceilings. Private office for work at home. Inviting family room w/ fireplace, large eat-in kitchen w/ French doors leads to deck which overlooks gorgeous in ground pool for family fun. Upstairs has 4 bedrooms including tremendous master bedroom w/ sitting area, walk-in closet, luxurious master bath. Finished basement is the ultimate entertaining area w/ bar, pool room, media area, full bath and extra bedroom. Walk to train, minutes to GSP, beaches and ''Red Hot'' Red Bank Hardwood floor through outMultiple zone heat and ACSprinkler systemTray ceilingsRecessed Lighting Beautiful custom moldingFive minute walk to Middletown trainFull walkout basementBonus craft roomHuge closets in all bedroomsOversized 2 car garage
Last Agent to Sell the Property
Bottone Realty Group Inc License #1327925 Listed on: 10/29/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,459
Year Built
- Built in 1997
Lot Details
- Lot Dimensions are 310 x 158
- Cul-De-Sac
- Fenced
- Corner Lot
- Sprinkler System
Parking
- 2 Car Direct Access Garage
- Oversized Parking
- Garage Door Opener
- Double-Wide Driveway
- On-Street Parking
Home Design
- Custom Home
- Brick Exterior Construction
- Shingle Roof
- Asphalt Rolled Roof
- Vinyl Siding
Interior Spaces
- 5,000 Sq Ft Home
- 2-Story Property
- Crown Molding
- Beamed Ceilings
- Tray Ceiling
- Ceiling height of 9 feet on the main level
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- French Doors
- Sliding Doors
- Family Room
- Living Room
- Dining Room
- Home Theater
- Home Office
- Bonus Room
- Utility Room
- Center Hall
Kitchen
- New Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Built-In Oven
- Gas Cooktop
- Stove
- Portable Range
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom Bathtub Only
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Utility Basement
- Recreation or Family Area in Basement
Pool
- In Ground Pool
- Outdoor Pool
- Vinyl Pool
Outdoor Features
- Deck
- Exterior Lighting
Schools
- Middletown Village Elementary School
- Thompson Middle School
- Middle South High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Billiard Room
Listing and Financial Details
- Exclusions: Hall ceiling fixture, mirror in living room
- Assessor Parcel Number 32-00800-0000-00005-13
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2020
Closed on
Feb 8, 2021
Sold by
Morgan Thomas and Morgan Marion
Bought by
Melconian Philip and Melconian Rachel
Seller's Agent
Mary Spence
Bottone Realty Group Inc
Buyer's Agent
Robert Bornstein
1-2-3 REALTORS
List Price
$924,900
Sold Price
$925,000
Premium/Discount to List
$100
0.01%
Total Days on Market
19
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
$390,316
Avg. Annual Appreciation
8.49%
Original Mortgage
$675,000
Outstanding Balance
$609,200
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$706,116
Purchase Details
Closed on
Aug 28, 2009
Sold by
Morgan Thomas and Morgan Marian
Bought by
Morgan Thomas and Morgan Marion
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 17, 1999
Sold by
Roberts Gregory
Bought by
Morgan Thomas and Morgan Marian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.53%
Purchase Details
Closed on
Aug 28, 1998
Sold by
Patriots Way Llc
Bought by
Roberts Gregory and Roberts Maureen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.7%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Melconian Philip | $925,000 | None Listed On Document | |
| Morgan Thomas | -- | None Available | |
| Morgan Thomas | $538,000 | -- | |
| Roberts Gregory | $471,925 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melconian Philip | $85,000 | |
| Open | Melconian Philip | $675,000 | |
| Previous Owner | Morgan Thomas | $235,000 | |
| Previous Owner | Morgan Thomas | $264,000 | |
| Previous Owner | Morgan Thomas | $300,000 | |
| Previous Owner | Morgan Thomas | $300,000 | |
| Previous Owner | Morgan Thomas | $150,000 | |
| Previous Owner | Morgan Thomas | $275,000 | |
| Previous Owner | Roberts Gregory | $376,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/08/2021 02/08/21 | Sold | $925,000 | 0.0% | $185 / Sq Ft |
| 11/17/2020 11/17/20 | Pending | -- | -- | -- |
| 10/29/2020 10/29/20 | For Sale | $924,900 | -- | $185 / 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 | $18,122 | $1,065,700 | $415,600 | $650,100 |
| 2023 | $18,122 | $1,042,700 | $400,100 | $642,600 |
| 2022 | $18,389 | $914,000 | $302,100 | $611,900 |
| 2021 | $18,389 | $884,100 | $302,100 | $582,000 |
| 2020 | $18,622 | $871,000 | $302,100 | $568,900 |
| 2019 | $18,459 | $874,000 | $302,100 | $571,900 |
| 2018 | $16,591 | $765,600 | $302,100 | $463,500 |
| 2017 | $16,032 | $754,800 | $302,100 | $452,700 |
| 2016 | $16,566 | $777,400 | $302,100 | $475,300 |
| 2015 | $15,806 | $740,000 | $302,100 | $437,900 |
| 2014 | $16,755 | $765,400 | $302,100 | $463,300 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Spence
Seller's Agent in 2021
Mary Spence
Bottone Realty Group Inc
(732) 687-1703
10 in this area
51 Total Sales
-
Robert Bornstein
Buyer's Agent in 2021
Robert Bornstein
1-2-3 REALTORS
(732) 207-8409
2 in this area
101 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22038894
APN: 32-00800-0000-00005-13
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