NOT LISTED FOR SALE

128 Monroe Ave Shrewsbury, NJ 07702

Estimated Value: $466,000 - $526,000

2 Beds
1 Bath
728 Sq Ft
$690/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $285,000 $391 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,405/month

57 Days on Market

Highlights

  • Home fronts a creek
  • Outdoor Pool
  • Wood Flooring
  • Shrewsbury Elementary School Rated A-
  • Creek On Lot
  • Loft

About This Home

As of May 2017

ATTENTION INVESTORS AND NEW HOMEOWNERS! This adorable cottage offers you (or tenants) a fantastic lifestyle. Rent here could be $2000/mo with low, low taxes, no HOA, and acclaimed schools. There's an open floorplan with vaulted ceilings, opening skylights, and a loft area; two cute bedrooms AND a four season sunroom with independent HVAC that adds tons of comfort for living and entertaining. Gas heat, hardwood floors and warming, inviting cottage charm, all nicely updated for modern living. FULL BASEMENT. There's even a detached garage, paver patio,and a private, deep lot. It's literally around the corner from Monmouth County's best shopping at The Grove, Trader Joe's, Red Bank's dining and entertainment; AND NJ Transit for easy commuting to NY. Act fast!

Last Agent to Sell the Property

James Whalen

Gloria Nilson & Co. Real Estate Listed on: 12/29/2016

Last Buyer's Agent

Stacy Molinari-Stefani

Burke&Manna Real Estate Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,040

Year Built

  • Built in 1913

Lot Details

  • Lot Dimensions are 41 x 171
  • Home fronts a creek
  • Oversized Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Driveway with Pavers
  • Paver Block
  • On-Street Parking

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Skylights
  • Light Fixtures
  • Blinds
  • Loft
  • Bonus Room
  • Unfinished Basement
  • Workshop

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Creek On Lot
  • Stream or River on Lot
  • Outbuilding

Schools

  • Shrewsbury Bor Elementary And Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1s-Al-O-Dg-1u

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,040

Year Built

Built in 1913

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Stream
  • Inclusions: AC Units, Washer, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Cottage/Bungalow
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Bonus Room, Loft, Skylight
  • Year Built: 1913
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 41 x 171
  • Location Middle School: Shrewsbury BOR
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Foyer Floor - Wood: Yes
  • Basement Workshop Workbench: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Parking Paver Block: Yes
  • Interior Loft: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Interior Bonus Room: Yes
  • Exterior Outbuilding: Yes
  • Living Room Skylight7: Yes
  • Lot Description Stream2: Yes
  • Water Type Creek: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished, Workshop/ Workbench
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Creek
  • Waterfront: No
  • Exterior Features: Outbuilding
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paver Block, Driveway, On Street
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • 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: Shrewsbury BOR

Lot Info

  • Lot Dimensions: 41 x 171
  • Parcel #: 1s-Al-O-Dg-1u
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5039.62

MLS Schools

  • Elementary School: Shrewsbury Bor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2016
Closed on
May 17, 2017
Sold by
Santomenna Bonnie G and Santomenna Robert D
Bought by
Panossian Caroline E and Panossian John A
Seller's Agent
James Whalen
Gloria Nilson & Co. Real Estate
Buyer's Agent
Stacy Molinari-Stefani
Burke&Manna Real Estate Agency
Sold Price
$285,000
Current Estimated Value
$518,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,298
Avg. Annual Appreciation
7.32%
Original Mortgage
$279,850
Interest Rate
4.05%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Hanson John
Bought by
Santomenna Robert and Santomenna Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.92%
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
Panossian Caroline E $290,000 --
Santomenna Robert $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panossian John A $67,564
Open Panossian John A $272,738
Closed Panossian Caroline E $279,850
Closed Panossian Caroline E --
Closed Panossian John A $279,850
Previous Owner Santomenna Robert D $69,343
Previous Owner Santomenna Robert D $120,000
Previous Owner Santomenna Robert D $130,771
Previous Owner Santomenna Robert $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2017 05/08/17 Sold $285,000 -- $391 / 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
2024 $6,818 $367,200 $210,500 $156,700
2023 $6,818 $361,900 $208,500 $153,400
2022 $6,083 $338,600 $208,500 $130,100
2021 $6,083 $286,800 $168,700 $118,100
2020 $6,017 $283,400 $168,700 $114,700
2019 $6,008 $280,100 $168,700 $111,400
2018 $5,982 $278,100 $168,700 $109,400
2017 $5,186 $242,800 $154,800 $88,000
2016 $5,075 $240,500 $154,800 $85,700
2015 $5,040 $231,600 $148,800 $82,800
2014 $5,037 $221,800 $133,800 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21601006

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 44-00035-0000-00019