NOT LISTED FOR SALE

116 Mimosa Ln Freehold, NJ 07728

Estimated Value: $471,000 - $513,000

2 Beds
2 Baths
1,291 Sq Ft
$302/mo HOA Fee

Last Sold October 18, 2022

Last sale price $399,999 $310 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,448/month

8 Days on Market

Highlights

  • Golf Course Community
  • Basketball Court
  • Clubhouse
  • Freehold Township High School Rated A-
  • Outdoor Pool
  • Wood Flooring

About This Home

As of October 2022

Welcome to this beautiful two bedroom, 2 full bath, end unit condo in sought-after Raintree development! Home features hard-wood floors, and neutral carpeting. Attached one-car garage and patio for entertaining! Close to mall, shopping, major highways, and historic Downtown Freehold.

Last Agent to Sell the Property

Louis Schioppo

RE/MAX Innovation Listed on: 08/25/2022

Last Buyer's Agent

Kathleen Hobbs

RE/MAX Homeland Realtors License #0226389

RE/MAX Homeland Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,451

Year Built

  • Built in 1994

Lot Details

  • End Unit
  • Sprinkler System

HOA Fees

  • $302 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,291 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Blinds
  • Window Screens
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Basketball Court
  • Patio

Location

  • Lower Level

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Water Heater

Listing and Financial Details

  • Exclusions: Microwave
  • Assessor Parcel Number 17-00086-12-00001-116-S03

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include common area, golf course, lawn maintenance, mgmt fees, pool, snow removal
  • Old Oaks Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Community Basketball Court
  • Community Pool
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,451

Year Built

Built in 1994

Lot Details

0

HOA Fees

$302 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Corner Lot
  • Reso Association Amenities: Association, Common Access, Swimming, Pool, Basketball Court, Clubhouse, Common Area
  • Reso Association Fee Includes: Common Area, Golf Course, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
  • Inclusions: AC Units, Washer, Timer Thermostat, Blinds/Shades, Dishwasher, Dryer, Stove, Refrigerator, Screens, Freezer, Garage Door Opener, Gas Cooking
  • Subdivision Name: Old Oaks
  • Architectural Style: Lower Level, End Unit, One Level Unit, Condo
  • Reso Interior Features: Attic, Attic - Pull Down Stairs, Ceilings - 9Ft+ 1st Flr, Sliding Door, Eat-in Kitchen, Recessed Lighting
  • Property Attached Yn: Yes
  • Year Built: 1994
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 43 x 94
  • General Property Info Farm: No
  • Lot Description Corner Lot: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • SidingAluminum: Yes
  • Interior Attic: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Exterior Sprinkler Under: Yes
  • Common Elements Clubhouse: Yes
  • Number Appliances Included A C Units: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen KitchenDine: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Water Heater Tank: Yes
  • Fee Includes Golf Course3: Yes
  • Style End Unit: Yes
  • Dining Room Sliding Door3: Yes
  • Common Elements Basketball Court: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Freezer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exclusions: Microwave
  • Construction Type: Aluminum Siding
  • Exterior Features: Patio, Sprinkler Under
  • Foundation Details: Slab

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway, On Street
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 302.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Lot Info

  • Lot Dimensions: 43 x 94
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 17-00086-12-00001-116-S03
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6451.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 12, 2022
Sold by
Mcs I Realty Llc
Bought by
Murphy Shannon
Seller's Agent
Louis Schioppo
RE/MAX Innovation
Buyer's Agent
Kathleen Hobbs
RE/MAX Homeland Realtors
List Price
$399,999
Sold Price
$399,999
Views
80
Current Estimated Value
$486,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,913
Avg. Annual Appreciation
6.57%
Original Mortgage
$299,999
Outstanding Balance
$288,384
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$198,528

Purchase Details

Listed on
Nov 22, 2015
Closed on
Mar 1, 2016
Sold by
Mayer Victor
Bought by
Mcs I Realty Llc
Seller's Agent
Robert Dekanski
RE/MAX 1st. Advantage
Buyer's Agent
TONIANNE LANZA
Real Broker LLC -Freehold 2
Sold Price
$238,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Interest Rate
3.62%

Purchase Details

Closed on
May 16, 1994
Sold by
Kaplan At Olde Oaks
Bought by
Mayer Victor and Mayer Josephine
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
Murphy Shannon $399,999 Surety Title
Mcs I Realty Llc $238,000 --
Mayer Victor $130,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Shannon $299,999
Previous Owner Mcs I Realty Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2022 10/18/22 Sold $399,999 0.0% $310 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $399,999 +68.1% $310 / Sq Ft
02/24/2016 02/24/16 Sold $238,000 -- $184 / Sq Ft 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 $6,963 $423,900 $180,000 $243,900
2024 $7,089 $384,700 $203,000 $181,700
2023 $7,089 $380,300 $210,000 $170,300
2022 $6,451 $331,900 $170,000 $161,900
2021 $6,451 $299,200 $150,000 $149,200
2020 $6,226 $286,900 $130,000 $156,900
2019 $6,269 $286,900 $130,000 $156,900
2018 $6,226 $278,700 $130,000 $148,700
2017 $5,770 $254,200 $110,000 $144,200
2016 $5,830 $251,400 $110,000 $141,400
2015 $5,677 $247,800 $110,000 $137,800
2014 $5,249 $219,700 $85,000 $134,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22227012

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-00086-12-00001-116-S03