NOT LISTED FOR SALE

1118 Wellington Place Unit 1118 Matawan, NJ 07747

Estimated Value: $362,000 - $398,000

2 Beds
2 Baths
965 Sq Ft
697 Sq Ft Lot

Last Sold February 07, 2020

Last sale price $233,000 $241 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,600/month

Highlights

  • In Ground Pool
  • New Kitchen
  • Balcony
  • Matawan Reg High School Rated A-
  • End Unit
  • Crown Molding

About This Home

As of May 2020

Gorgeously updated 2 Bedroom, 2 Full Bath Upper Level End Unit in Wellington Place. Living Room Features Sparkling Floors and Wood Burning Fireplace. Kitchen Tastefully Designed with White Cabinetry, Quartz Countertop, SS Appliances and Glass Tile Back Splash with new appliances including an oven, electric stove top, dishwasher and microwave. Master Bedroom Features Large Walk In Closet and Updated EnSuite Bath. Laundry Room Can Accommodate Full Size Washer/Dryer. Balcony, Crown Molding. Newer Furnace & Windows Have Been Replaced. Storage Closet. Beautiful Grounds, Pool, Tennis Courts, Playground & Nature Trail. Close to NYC Transportation, Shopping & More

Last Agent to Rent the Property

Allan Burns

NextHome Force Realty Partners Listed on: 03/09/2020

Last Renter's Agent

Stephen Bulzis

Gannon Holsey Group

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,854

Year Built

  • Built in 1979

Lot Details

  • 697

Parking

  • No Garage

Interior Spaces

  • 965 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Laminate Flooring

Kitchen

  • New Kitchen
  • Electric Cooktop
  • Stove
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Strathmore Elementary School
  • Matawan Avenue Middle School
  • Matawan Reg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • End Unit
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 01-00114-0000-00003-0000-C1118

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include pool, snow removal
  • Wellington Pl Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,854

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Furnished: Unfurnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • ResoPoolFeatures: In Ground
  • Reso Association Fee Includes: Pool, Snow Removal
  • Inclusions: Washer, Stove, Microwave, Refrigerator, Dishwasher, Dryer, Electric Cooking
  • Subdivision Name: Wellington Pl
  • Architectural Style: End Unit, Upper Level
  • Reso Flooring: Laminate
  • Reso Interior Features: Balcony, Recessed Lighting
  • Year Built: 1979
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Pool3: Yes
  • Location Middle School: Matawan Avenue
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Included Electric Cooking: Yes
  • Garage None4: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Dec Molding3: Yes
  • Living Room Floor - Laminate3: Yes
  • Floors Laminate: Yes
  • Kitchen Floor - Laminate2: Yes
  • Lease Requirements Security Deposit4: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Style End Unit: Yes
  • Common Elements Swimming Pool: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bedroom Floor - Laminate8: Yes
  • Primary Bath Floor - Laminate9: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes

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: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Parcel #: 01-00114-0000-00003-0000-C1118

MLS Schools

  • Elementary School: Strathmore
  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2020
Closed on
Feb 4, 2020
Sold by
Mulligan Gary J and Mulligan Alexa
Bought by
Jm 17Th Street Llc
Seller's Agent
Natalie Perrone
Coldwell Banker Realty
Buyer's Agent
Allan Burns
Bray-Burn Properties Inc.
Sold Price
$233,000
Current Estimated Value
$382,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,430
Avg. Annual Appreciation
9.54%

Purchase Details

Listed on
Jan 11, 2016
Closed on
Apr 4, 2016
Sold by
Toth Adam and Vanes Todd
Bought by
Mulligan Gary J and Gioia Alexa
Seller's Agent
Jennifer Bernabeo
Weichert Realtors-Holmdel
Buyer's Agent
Natalie Perrone
Gloria Nilson & Co. Real Estate
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Dec 19, 2008
Sold by
Mckane Erin and Wilson Charles
Bought by
Toth Adam and Van Es Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,095
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2002
Sold by
Mauro David
Bought by
Mckane Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
5.98%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Rowohlt William
Bought by
Mauro David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.92%
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
Jm 17Th Street Llc $233,000 Quality Ttl & Abstract Agcy
Mulligan Gary J $200,000 Wfg National Title Insurance
Toth Adam $223,000 Coastal Title Agency Inc
Mckane Erin $172,200 --
Mauro David $87,200 --
Mauro David $87,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toth Adam $202,320
Previous Owner Toth Adam $220,095
Previous Owner Mckane Erin $163,500
Previous Owner Mauro David $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Rented $1,850 0.0% --
04/23/2020 04/23/20 Under Contract -- -- --
03/25/2020 03/25/20 Price Changed $1,850 -5.1% $2 / Sq Ft
03/09/2020 03/09/20 For Rent $1,950 0.0% --
02/07/2020 02/07/20 Sold $233,000 +16.5% $236 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
04/05/2016 04/05/16 Sold $200,000 -- $203 / 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 $5,854 $299,900 $134,100 $165,800
2023 $5,854 $287,800 $126,800 $161,000
2022 $5,926 $255,200 $102,900 $152,300
2021 $5,926 $230,600 $90,200 $140,400
2020 $5,439 $210,500 $82,200 $128,300
2019 $5,324 $200,000 $73,200 $126,800
2018 $5,199 $195,900 $75,000 $120,900
2017 $5,076 $194,200 $77,000 $117,200
2016 $5,053 $191,900 $77,000 $114,900
2015 $4,951 $189,700 $75,000 $114,700
2014 $4,837 $189,000 $75,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22009535

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00114-0000-00003-0000-C1118