NOT LISTED FOR SALE

118 Lexington Ct Unit 73A Red Bank, NJ 07701

New Monmouth Neighborhood

Estimated Value: $317,000 - $389,000

2 Beds
2 Baths
1,210 Sq Ft
$299/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $279,900 $231 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,845/month

29 Days on Market

Highlights

  • Boat Dock
  • In Ground Pool
  • Clubhouse
  • Fitness Center
  • Active Adult
  • 2-minute walk to Nut Swamp Road Park

About This Home

As of March 2024

Welcome to Shadow Lake Village, an exceptional active adult community in Middletown, NJ, conveniently close to the town of Red Bank. Discover this beautiful upper-level condo with open concept living. Updated kitchen features stainless appliances, ceramic tile floor, custom stone countertop & breakfast counter. Spacious living room and dining room with 2 sliders to deck with storage closet. Master bedroom features walk in california closet and private bath with updated shower . 2nd bedroom perfect for guests or home office. Main hall bath with tub. This condo offers comfort and style, providing a hassle-free lifestyle. Embrace everything Shadow Lake Village offers tennis, golf, swimming, walking path, clubhouse, exercise room, bocci & 24/7 security and gated entrance.

Last Agent to Sell the Property

Patricia Brady

RE/MAX First Realty Listed on: 12/27/2023

Co-Listed By

Suzanne Bavaro

Keller Williams Realty Spring Lake License #9484357

Last Buyer's Agent

Joanne Platz

Coldwell Banker Riviera Realty License #8241674

Coldwell Banker Riviera Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,121

Year Built

  • Built in 1980

Lot Details

  • 871

HOA Fees

  • $541 Monthly HOA Fees

Home Design

  • Property Attached
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,210 Sq Ft Home
  • 1-Story Property
  • Light Fixtures

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Assigned Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • 871 Sq Ft Lot
  • Upper Level

Listing and Financial Details

  • Exclusions: Chandelier in Dining-room. Will be replaced
  • Assessor Parcel Number 32-01010-0000-00281

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include trash, common area, lawn maintenance, pool, rec facility, snow removal
  • Shadow Lake Vil Subdivision

Amenities

  • Community Deck or Porch
  • Common Area
  • Clubhouse
  • Recreation Room

Recreation

  • Boat Dock
  • Tennis Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,121

Year Built

Built in 1980

Lot Details

0

HOA Fees

$541 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • ResoPoolFeatures: Common, In Ground
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Controlled Access, Association, Exercise Room, Shuffleboard, Deck, Dock, Swimming, Pool, Clubhouse, Common Area, Jogging Path, Bocci
  • Reso Association Fee Includes: Trash, Common Area, Lawn Maintenance, Pool, Rec Facility, Snow Removal
  • Co List Office Mls Id: 4485
  • Co List Office Phone: 732-359-2000
  • Inclusions: Washer, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Stove, Refrigerator
  • Subdivision Name: Shadow Lake Vil
  • Architectural Style: Upper Level
  • Reso Flooring: Ceramic Tile, Laminate, Other
  • Reso Interior Features: Breakfast Bar
  • Property Attached Yn: Yes
  • Year Built: 1980
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Pool3: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Acreage: 0.02
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Cooling Electric3: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Ceramic Tile3: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Shuffleboard: Yes
  • Common Elements Tennis Court: Yes
  • Common Elements Bocci: Yes
  • Common Elements Jogging Path: Yes
  • Cooling Multi Units: Yes
  • Common Elements Deck2: Yes
  • Common Elements Dock2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.02
  • Topography: Level
  • Waterfront: No
  • Exclusions: Chandelier in Dining-room. Will be replaced
  • Exterior Features: Balcony, Swimming
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, None
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 541.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 32-01010-0000-00281
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4121.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Mar 25, 2024
Sold by
Villani Margaret
Bought by
Flood Gerard and Flood Rosemarie
Seller's Agent
Patricia Brady
RE/MAX First Realty
Buyer's Agent
Joanne Platz
Coldwell Banker Riviera Realty
List Price
$299,900
Sold Price
$279,900
Premium/Discount to List
-$20,000
-6.67%
Views
160
Current Estimated Value
$361,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,939
Avg. Annual Appreciation
18.40%

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 22, 2020
Sold by
Lamela Linda
Bought by
Villani Margaret
Seller's Agent
Maryann Callahan
Heritage House Sotheby's International Realty
Buyer's Agent
Michelle Lorme
Keller Williams Realty East Monmouth
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
May 12, 2016
Sold by
Shah Frida and Shah Hazrat Shah
Bought by
Lamela Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.57%

Purchase Details

Closed on
Jan 12, 2013
Sold by
Shah Fridah
Bought by
Shah Frida and Shah Hazrat

Purchase Details

Closed on
Nov 11, 2010
Sold by
Shah Hazrat
Bought by
Shah Frida

Purchase Details

Closed on
Mar 22, 2010
Sold by
Sadlowski Catherine R
Bought by
Shah Hazrat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.43%
Mortgage Type
New Conventional
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
Flood Gerard $279,900 First Bergen Title
Flood Gerard $279,900 First Bergen Title
Villani Margaret $220,000 Catic Title
Villani Margaret $220,000 Catic Title
Lamela Linda $155,000 --
Shah Frida -- None Available
Shah Frida -- None Available
Shah Hazrat $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamela Linda $135,000
Previous Owner Lamela Linda --
Previous Owner Shah Hazrat $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $279,900 0.0% $231 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $279,900 -6.7% $231 / Sq Ft
12/27/2023 12/27/23 For Sale $299,900 +36.3% $248 / Sq Ft
10/28/2020 10/28/20 Sold $220,000 -2.2% $182 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $225,000 0.0% $186 / Sq Ft
07/10/2018 07/10/18 Rented $24,000 +37.9% --
04/01/2015 04/01/15 Rented $17,400 -49.1% --
03/19/2014 03/19/14 Rented $34,200 -- --
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 $4,622 $321,700 $155,000 $166,700
2024 $4,121 $281,000 $115,000 $166,000
2023 $4,121 $237,100 $75,000 $162,100
2022 $3,955 $211,500 $55,000 $156,500
2021 $3,960 $190,400 $42,000 $148,400
2020 $4,193 $196,100 $42,000 $154,100
2019 $3,768 $178,400 $42,000 $136,400
2018 $3,684 $170,000 $40,000 $130,000
2017 $3,352 $157,800 $30,000 $127,800
2016 $3,103 $145,600 $35,000 $110,600
2015 $2,939 $137,600 $25,000 $112,600
2014 $2,800 $127,900 $25,000 $102,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22334444

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01010-0000-00281