NOT LISTED FOR SALE

118 Cherry Tree Ln Middletown, NJ 07748

New Monmouth Neighborhood

Estimated Value: $728,000 - $775,627

4 Beds
2 Baths
2,056 Sq Ft
$368/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $500,000 $243 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,910/month

56 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • Sun or Florida Room
  • Middletown Village Elementary School Rated A-
  • Attic
  • No HOA

About This Home

As of August 2020

Simply unpack into this beautiful 4 Bdrm 2 Ba Split Lvl Located on a professionally landscaped oversized lot giving the tranquility & park like setting you have been searching for Enter thru ceramic tile flr Foyer. FR w/ recessed lighting & bay wndw leads to french doors entering a light & bright Sunroom w/ wall of windows & skylight, Full Bathrm w/ shower stall, Great sized Bdrm w/ lg closet on first flr. Main Flr w/ Vaulted ceilings & hrdwd flrs in LR & DR. LR w/ gas fireplace & bay wndw KIT w/ eating area & stainless-steel stove, refrigerator & microwave. Three bdrms, w/ hrdwd flrs & a full bath on top lvl. Master bdrm w/ double closets & direct entry to the main bath Bsmt w/ finished area great space for an office, playroom, etc. All this situated on a picturesque lot Backyard features a paver patio with retractable awning PERFECT for entertaining. Over sized paved driveway large enough for 4+ cars lined with Belgium stone. Just a few steps away from Dorsett Park, close to schools, shopping, and more!

Last Agent to Sell the Property

Gary Thomson

C21 Thomson & Co. License #0340446 Listed on: 05/20/2020

Last Buyer's Agent

Elizabeth Buccigrossi

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,951

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 260x190x116x92
  • Oversized Lot

Home Design

  • Split Level Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Awning
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Bay Views
  • Partially Finished Basement
  • Partial Basement
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Parking

  • Converted Garage
  • Oversized Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Middletown Village Elementary School
  • Thompson Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32-00603-0000-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Awnings
  • Subdivision Name: None
  • Architectural Style: Split Level
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic, Attic - Pull Down Stairs, Bay/Bow Window, French Doors, Skylight, Recessed Lighting
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.47
  • General Property Info Lot Dimensions: 260x190x116x92
  • Location Middle School: Thompson
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Interior BayBow Window: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Lot Description Oversized3: Yes
  • Kitchen Eat-In: Yes
  • Parking Oversized2: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room BayBow Window2: Yes
  • GreatFamily Room BayBow Window5: Yes
  • Dining Room BayBow Window3: Yes
  • Included Awnings: Yes
  • GreatFamily Room French Doors4: Yes
  • Style Split Level: Yes
  • Garage Converted: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partial, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Basement3: Yes
  • Features Interior:Skylight: Yes
  • Basement:Partial: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.47
  • Waterfront: No
  • Exterior Features: Patio, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Asphalt, Driveway, Off Street, Converted Garage
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Lot Dimensions: 260x190x116x92
  • Lot Size Sq Ft: 20473.2
  • Parcel #: 32-00603-0000-00001
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8951.0

MLS Schools

  • Elementary School: Middletown Village

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Aug 27, 2020
Sold by
Hayes Stephen W and Hayes Brenda
Bought by
Veniskey Matthew S and Veniskey Cynthia L
Seller's Agent
Gary Thomson
C21 Thomson & Co.
Buyer's Agent
Elizabeth Buccigrossi
VRI Homes
List Price
$534,900
Sold Price
$500,000
Premium/Discount to List
-$34,900
-6.52%
Current Estimated Value
$757,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,157
Avg. Annual Appreciation
8.53%
Original Mortgage
$437,525
Outstanding Balance
$388,274
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$368,883

Purchase Details

Listed on
May 20, 2020
Closed on
Aug 21, 2020
Sold by
Hayes Stephen W and Hayes Brenda
Bought by
Veniskey Matw S and Venisicey Cynthia L
Seller's Agent
Gary Thomson
C21 Thomson & Co.
Buyer's Agent
Elizabeth Buccigrossi
VRI Homes
List Price
$534,900
Sold Price
$500,000
Premium/Discount to List
-$34,900
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,525
Outstanding Balance
$388,274
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$368,883

Purchase Details

Closed on
Mar 28, 2016
Sold by
Hayes Stephen W and Hayes Brenda
Bought by
Hayes Stephen W and Hayes Brenda
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
Veniskey Matthew S $500,000 All Ahead Title Agency
Veniskey Matw S $500,000 All Ahead Title
Veniskey Matw S $500,000 All Ahead Title
Hayes Stephen W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veniskey Matthew S $437,525
Closed Veniskey Matthew S $437,525
Closed Veniskey Matw S $437,525
Previous Owner Hayes Stephen W $125,000
Previous Owner Hayes Stephen W $250,000
Previous Owner Hayes Stephen W $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $500,000 -2.9% $243 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $514,900 -3.7% $250 / Sq Ft
05/20/2020 05/20/20 For Sale $534,900 -- $260 / 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
2025 $10,947 $748,600 $476,900 $271,700
2024 $11,339 $665,500 $417,100 $248,400
2023 $11,339 $652,400 $408,200 $244,200
2022 $10,189 $611,800 $379,300 $232,500
2021 $10,189 $490,100 $283,300 $206,800
2020 $9,078 $424,600 $284,400 $140,200
2019 $8,951 $423,800 $284,400 $139,400
2018 $9,533 $439,900 $284,400 $155,500
2017 $8,893 $418,700 $267,900 $150,800
2016 $8,842 $414,900 $267,900 $147,000
2015 $8,608 $414,700 $267,900 $146,800
2014 $9,076 $414,600 $267,900 $146,700
Source: Public Records

Agents Affiliated with this Home

  • Gary Thomson

    Seller's Agent in 2020

    Gary Thomson

    C21 Thomson & Co.

    (908) 601-6932

    76 in this area

    160 Total Sales

    Gary Thomson
    Section Image

  • E

    Buyer's Agent in 2020

    Elizabeth Buccigrossi

    RE/MAX

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22015878

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00603-0000-00001

New Jersey Monmouth County Middletown 07748 New Monmouth

118 Cherry Tree Ln, Middletown, NJ

This home is located at 118 Cherry Tree Ln, Middletown, NJ 07748 since 20 May 2020 and is currently estimated at $757,157, approximately $368 per square foot. 118 Cherry Tree Ln is a home located in Monmouth County with nearby schools including Middletown Village Elementary School, Thompson Middle School, and Middletown High School North.

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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