B
Buyer's Agent in 2022
Bernadette Ruegg
BHHS Fox & Roach
120 Cherry Tree Farm Rd Middletown, NJ 07748
New Monmouth NeighborhoodEstimated Value: $738,000 - $768,533
4
Beds
2
Baths
1,550
Sq Ft
$483/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Attic
- Granite Countertops
- Middletown Village Elementary School Rated A-
- Corner Lot
- 1-minute walk to Countryside Park
About This Home
As of July 2022This beautifully done 4-bedroom, 2 full bath home is all about the details. Situated on more than half an acre, this corner lot home boasts immaculate curb appeal and thoughtful craftsmanship. Custom brick aprons and brick posts with lantern lighting greet you as you pull in the front circular driveway. Enter into the tastefully done living room with recessed lighting, slate flooring, and gas fireplace. The first level is completed with a bedroom and full bath. From there, head downstairs where French doors open into a finished family room or upstairs into the updated eat-in kitchen and dining room with vaulted ceilings and beautiful French door entry with sidelights. The upper level includes the primary bedroom, two additional bedrooms, and another full bath. Hardwood flooring, plantation shutters, and copper-plated baseboard accents add character to this exceptional home located across the street from Countryside Park.
Last Agent to Sell the Property
Jay Stevenson
EXP Realty Listed on: 06/03/2022
Last Buyer's Agent
Bernadette Ruegg
Gloria Nilson & Co. Real Estate
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,801
Year Built
- Built in 1958
Lot Details
- 0.6 Acre Lot
- Lot Dimensions are 171 x 154
- Fenced
- Corner Lot
- Oversized Lot
- Irregular Lot
- Sprinkler System
Parking
- 1 Car Attached Garage
- Oversized Parking
- Circular Driveway
- Gravel Driveway
Home Design
- Split Level Home
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,550 Sq Ft Home
- 3-Story Property
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Light Fixtures
- Gas Fireplace
- Blinds
- Bay Window
- French Doors
- Family Room Downstairs
- Living Room
- Dining Room
- Attic
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
- Slate Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on third floor
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Partial Basement
- Laundry in Basement
Outdoor Features
- Patio
- Exterior Lighting
- Porch
Schools
- Middletown Village Elementary School
- Thompson Middle School
- Middle North High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Personal belongings, deep freezer in garage, and alarm/security system.
- Assessor Parcel Number 32-00611-0000-00001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2022
Closed on
Jul 6, 2022
Sold by
Valenti Robert J and Valenti Nicole L
Bought by
Spinelli Dereck and Spinelli Rachel
Seller's Agent
Jay Stevenson
EXP Realty
Buyer's Agent
Bernadette Ruegg
Gloria Nilson & Co. Real Estate
List Price
$575,000
Sold Price
$602,500
Premium/Discount to List
$27,500
4.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,633
Avg. Annual Appreciation
7.28%
Original Mortgage
$451,875
Outstanding Balance
$431,013
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$319,788
Purchase Details
Listed on
Nov 10, 2018
Closed on
Dec 28, 2018
Sold by
Ayers Timothy
Bought by
Valenti Robert J and Valenti Nicole L
Seller's Agent
Donna King
Gloria Nilson & Co. Real Estate
Buyer's Agent
Jay Stevenson
EXP Realty
Sold Price
$467,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$374,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 12, 2006
Sold by
Torc Management Llc
Bought by
Ayers Timothy
Purchase Details
Closed on
Jan 13, 2006
Sold by
Ayers Timothy
Bought by
Torc Management Llc
Purchase Details
Closed on
Dec 23, 2004
Sold by
Ayers Donald
Bought by
Ayers Timothy
Purchase Details
Closed on
Apr 16, 2003
Sold by
Riedel Donald
Bought by
Ayers Donald and Ayers Timothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,900
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spinelli Dereck | $602,500 | Alta | |
| Valenti Robert J | $467,500 | Unitas Title Agency Llc | |
| Ayers Timothy | -- | -- | |
| Torc Management Llc | -- | -- | |
| Ayers Timothy | -- | -- | |
| Ayers Donald | $290,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spinelli Dereck | $451,875 | |
| Previous Owner | Valenti Robert J | $374,000 | |
| Previous Owner | Valenti Robert J | $374,000 | |
| Previous Owner | Ayers Timothy | $72,000 | |
| Previous Owner | Ayers Timothy | $420,000 | |
| Previous Owner | Ayers Timothy | $404,800 | |
| Previous Owner | Ayers Donald | $263,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $602,500 | +4.8% | $389 / Sq Ft |
| 06/07/2022 06/07/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | For Sale | $575,000 | +23.0% | $371 / Sq Ft |
| 01/03/2019 01/03/19 | Sold | $467,500 | -- | $302 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,279 | $638,100 | $379,600 | $258,500 |
| 2023 | $10,279 | $591,400 | $330,200 | $261,200 |
| 2022 | $9,801 | $550,900 | $302,200 | $248,700 |
| 2021 | $9,801 | $471,200 | $250,000 | $221,200 |
| 2020 | $10,162 | $475,300 | $259,100 | $216,200 |
| 2019 | $10,091 | $477,800 | $262,800 | $215,000 |
| 2018 | $8,072 | $372,500 | $245,700 | $126,800 |
| 2017 | $8,040 | $367,300 | $237,200 | $130,100 |
| 2016 | $7,759 | $364,100 | $237,200 | $126,900 |
| 2015 | $8,033 | $364,000 | $237,200 | $126,800 |
| 2014 | $7,633 | $337,300 | $210,200 | $127,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Seller's Agent in 2019
Donna King
BHHS Fox & Roach
-
Jay Stevenson
Buyer's Agent in 2019
Jay Stevenson
EXP Realty
(848) 333-4768
1 in this area
8 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22215915
APN: 32-00611-0000-00001
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