NOT LISTED FOR SALE

117 Cherry Tree Farm Rd Middletown, NJ 07748

New Monmouth Neighborhood

Estimated Value: $605,000 - $723,000

4 Beds
1.5 Baths
1,798 Sq Ft
$367/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $355,000 $197 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,225/month

54 Days on Market

Highlights

  • Bay View
  • Bonus Room
  • Beamed Ceilings
  • Engineered Wood Flooring
  • No HOA
  • 1-minute walk to Countryside Park

About This Home

As of September 2021

Split-level style Colonial in a desirable Middletown neighborhood. Opportunity awaits, bring your vision and settle into this 4bd/1.5ba home. Open floorplan with eat in kitchen leads to a formal living room with vaulted ceilings. The family room on the lower level features sliders that opens to the over-sized 122' x 175' lot. Additional updates include new furnace, water heater and washer/dryer. Close proximity to NYC transportation including bus, train, commuter lots and Sea Streak.

Last Agent to Sell the Property

Richard Crooks

Douglas Elliman of NJ LLC Listed on: 06/10/2021

Last Buyer's Agent

Tom Crooks

Serhant New Jersey LLC License #1754871

Serhant New Jersey LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,020

Year Built

  • Built in 1955

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 122' x 175'
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Split Level Home
  • Shingle Roof

Interior Spaces

  • 1,798 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet on the main level
  • Bay Window
  • French Doors
  • Bonus Room
  • Bay Views
  • Crawl Space
  • Walkup Attic

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

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

Community Details

  • No Home Owners Association
  • Cherry Tree Vlg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1332

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,020

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Cherry Tree Vlg
  • Architectural Style: Split Level
  • Reso Interior Features: Attic - Walk Up, Bay/Bow Window, Bonus Room, Ceilings - 9Ft+ 1st Flr, Ceilings - Beamed, Dec Molding
  • New Construction: No
  • Year Built: 1955
  • Contract Info List PriceSqFt: 221.91
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Foyer Floor - Engineered5: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.48
  • General Property Info Lot Dimensions: 122' x 175'
  • General Property Info Farm: No
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Dec Molding: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Living Room Dec Molding3: Yes
  • Exterior BBQ: Yes
  • Foyer Floor - Ceramic: Yes
  • Interior Attic - Walk Up: Yes
  • Kitchen BayBow Window4: Yes
  • Interior Bonus Room: Yes
  • Interior Ceilings - Beamed: Yes
  • Style Split Level: Yes
  • Dining Room Built-Ins3: Yes
  • Dining Room French Doors3: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Foyer Floor - WW Carpet: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.48
  • Waterfront: No
  • Exclusions: None.
  • Exterior Features: BBQ, Fence, Patio

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: 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: No

Lot Info

  • Lot Dimensions: 122' x 175'
  • Lot Size Sq Ft: 20908.8
  • Parcel #: 1332

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8019.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Sep 24, 2021
Sold by
Iglesias Miguel Andres Villasante
Bought by
Vargas James and Parise Krista
Seller's Agent
Richard Crooks
Douglas Elliman of NJ LLC
Buyer's Agent
Tom Crooks
Serhant New Jersey LLC
List Price
$399,000
Sold Price
$355,000
Premium/Discount to List
-$44,000
-11.03%
Current Estimated Value
$659,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,646
Avg. Annual Appreciation
15.94%
Original Mortgage
$355,000
Outstanding Balance
$323,024
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$336,622

Purchase Details

Listed on
Feb 25, 2013
Closed on
Jun 17, 2013
Sold by
Kurak Marilyn
Bought by
Iglesias Miguel Andres Villasante
Seller's Agent
Bobbi Lebbing
New Jersey Realty
Buyer's Agent
Lori Lustica
VRI Homes
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.27%
Original Mortgage
$220,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vargas James $355,000 First Jersey Title Svcs Inc
Iglesias Miguel Andres Villasante $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas James $355,000
Previous Owner Iglesias Miguel Andres Villasante $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2021 09/24/21 Sold $355,000 -11.0% $197 / Sq Ft
09/17/2021 09/17/21 For Sale $399,000 0.0% $222 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/26/2021 07/26/21 Price Changed $399,000 -11.3% $222 / Sq Ft
06/10/2021 06/10/21 For Sale $450,000 0.0% $250 / Sq Ft
05/31/2019 05/31/19 Rented $31,200 -51.9% --
12/27/2018 12/27/18 Rented $64,800 +111.8% --
11/16/2015 11/16/15 Rented $30,600 +1076.9% --
09/24/2013 09/24/13 Rented $2,600 0.0% --
06/27/2013 06/27/13 Sold $320,000 -- $175 / 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 $9,023 $601,300 $422,600 $178,700
2024 $7,840 $548,500 $373,100 $175,400
2023 $7,840 $451,100 $321,500 $129,600
2022 $7,640 $414,900 $291,500 $123,400
2021 $7,640 $367,300 $237,500 $129,800
2020 $8,020 $375,100 $248,200 $126,900
2019 $8,032 $380,300 $254,200 $126,100
2018 $7,812 $360,500 $240,200 $120,300
2017 $7,517 $343,400 $226,800 $116,600
2016 $7,331 $344,000 $226,800 $117,200
2015 $7,592 $344,000 $226,800 $117,200
2014 $7,183 $317,400 $199,800 $117,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Richard Crooks

    Douglas Elliman of NJ LLC

  • Tom Crooks

    Buyer's Agent in 2021

    Tom Crooks

    Serhant New Jersey LLC

    (646) 983-4776

    3 in this area

    61 Total Sales

    Tom Crooks
    Section Image

  • L

    Seller's Agent in 2019

    Lori Lustica

    EXIT Realty East Coast Shirvanian

    (732) 741-5550

    8 Total Sales

    Lori Lustica
    Section Image
  • Bobbi Lebbing

    Seller's Agent in 2013

    Bobbi Lebbing

    New Jersey Realty

    (732) 616-1155

    144 Total Sales

    Bobbi Lebbing
    Section Image

  • J

    Buyer's Agent in 2013

    Janet Turner

    Woodward Realty Group

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22116760

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00576-0000-00059

New Jersey Monmouth County Middletown 07748 New Monmouth

117 Cherry Tree Farm Rd, Middletown, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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