NOT LISTED FOR SALE

118 Cherry Tree Ln Middletown, NJ 07748

New Monmouth Neighborhood

Estimated Value: $732,000 - $869,000

4 Beds
2 Baths
2,056 Sq Ft
$384/Sq Ft Est. Value

Last Sold August 28, 2020

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

Est. 58% increase in value since last sale

Current estimated payment $5,058/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
  • Wall to Wall Carpet
  • 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
  • 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 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%
Current Estimated Value
$790,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,392
Avg. Annual Appreciation
9.06%
Original Mortgage
$437,525
Outstanding Balance
$386,507
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$403,885

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Matw S $500,000 All Ahead Title
Hayes Stephen W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veniskey Matw S $437,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

    72 in this area

    157 Total Sales

    Gary Thomson
    Section Image

  • E

    Buyer's Agent in 2020

    Elizabeth Buccigrossi

    RE/MAX

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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

Not Listed for Sale

Detached

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