NOT LISTED FOR SALE

Estimated Value: $936,000 - $1,190,000

5 Beds
4.5 Baths
4,797 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $1,052,500 $219 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,086/month

54 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • No HOA
  • 1.04 Acre Lot
  • Granite Countertops
  • Walk-In Closet

About This Home

As of March 2024

Welcome to 1295 Ridge Ave, a contemporary marvel that seamlessly blends cutting-edge smart home features with designer aesthetics. This remarkable residence caters to a variety of lifestyles, making it perfect for a growing family or a professional working from the comfort of their home. Inside, you'll find integrated smart-home systems that grant you control over various aspects of your living space. Smart switches throughout the house can be operated through the Alexa app, your smartphone, or simple voice commands. These switches can be programmed into routines or used as regular switches, adapting to your specific preferences.The BeeHive sprinkler system, controllable through its dedicated app, ensures your yard remains lush and vibrant. It operates independently, drawing from a dedicated well, ensuring your yard's hydration while reducing your reliance on municipal water. This system offers the flexibility to create custom watering schedules for different zones.A tankless gas water heater with AI technology "learns" your home's water usage patterns, preheating water accordingly. This system also features a recirculating pump, eliminating the wait for hot water on the second floor and enhancing overall efficiency.The kitchen appliances are all smart and accessible through the LG Thinq App, providing a modern cooking experience. The LG Heat/AC in the family room can be easily managed through the LG Thinq app, ensuring optimal climate control. To further enhance your comfort, a Nest Smart Thermostat seamlessly integrates with Alexa.For electric vehicle owners, the home has been prepped for a Tesla charging port, adding an extra layer of convenience and sustainability.The dedicated home office is not merely a workspace; it's a thoughtfully designed hub for productivity, effectively catering to the demands of remote work. Say goodbye to work-life balance challenges as this home empowers your success in both personal and professional domains.The custom kitchen is a culinary enthusiast's dream, featuring smart appliances, custom cabinetry, and an abundance of counter space. Whether you're an amateur cook or a seasoned chef, this kitchen provides a versatile canvas to explore your culinary creativity.Every corner of this home exudes a touch of luxury, offering well-lit, spacious living areas designed for your utmost comfort.Step outside to the expansive yard, which provides an ideal space for outdoor gatherings, a serene retreat, or whatever your heart desires.1295 Ridge Ave isn't just a residence; it's a lifestyle that awaits you. Don't miss this exceptional opportunity to experience the future of modern living. Schedule your viewing today and delve into the captivating drone video for an in-depth exploration of this tech-savvy masterpiece.Video Tour: Tour:

Last Agent to Sell the Property

Sean Mulligan

ARC Real Estate License #0681608 Listed on: 10/20/2023

Last Buyer's Agent

Sharon Miranda

EXIT Realty Jersey Shore License #9696129

EXIT Realty Jersey Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,815

Year Built

  • Built in 2001

Lot Details

  • 1.04 Acre Lot
  • Fenced

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,797 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Living Room
  • Washer

Kitchen

  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Storage Shed
  • Outdoor Gas Grill

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 31-00046-11-00008-25

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,815

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, Washer, Ceiling Fan(s), Microwave, Stove, Stove Hood, Refrigerator, Garage Door Opener, Gas Grill, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial, Other - See Remarks
  • Reso Flooring: Laminate, Wood
  • Reso Interior Features: Sliding Door, Recessed Lighting
  • Reso Other Structures: Storage Shed
  • Year Built: 2001
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 1.04
  • Location Middle School: Southern Reg
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Living Room Two Story2: Yes
  • Included Stove Hood: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • SidingBrick: Yes
  • Floors Laminate: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Gas Grill: Yes
  • Exterior BBQ: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Energy Features:Energy Appliances: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Walk-in Closet2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.04
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: BBQ, Fence, Patio, Shed
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Size Sq Ft: 45302.4
  • Parcel #: 31-00046-11-00008-25
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6815.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Feb 28, 2024
Sold by
Sinclair Thomas R and Sinclair Gail I
Bought by
Pennell Shaun and Pennell Catherine
Seller's Agent
Sean Mulligan
ARC Real Estate
Buyer's Agent
Sharon Miranda
EXIT Realty Jersey Shore
List Price
$1,200,000
Sold Price
$1,052,500
Premium/Discount to List
-$147,500
-12.29%
Views
110
Current Estimated Value
$1,102,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,715
Avg. Annual Appreciation
1.31%
Original Mortgage
$842,000
Outstanding Balance
$831,969
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$240,208

Purchase Details

Closed on
Sep 17, 2018
Sold by
Mansour Mansour S S
Bought by
Mansour Mansour S S and Mansour Leonora

Purchase Details

Closed on
Sep 1, 2006
Sold by
Manganiello Louis J and Manganiello Gina
Bought by
Mansour Mansour S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.41%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 26, 2000
Sold by
Milazzo Maria
Bought by
Manganiello Louis and Pugliese Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.12%

Purchase Details

Closed on
Feb 2, 1999
Sold by
Bogaczyk James and Bogaczyk Mary Ann
Bought by
Milazzo Maria D
Source: Public Records

Range of Values:

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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
Pennell Shaun $1,052,500 Elite Title
Mansour Mansour S S -- None Available
Mansour Mansour S $710,000 None Available
Manganiello Louis $75,000 --
Milazzo Maria D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennell Shaun $842,000
Previous Owner Mansour Mansour S $872,985
Previous Owner Mansour Mansour S $417,000
Previous Owner Mansour Mansour S $142,000
Previous Owner Mansour Mansour S $568,000
Previous Owner Manganiello Louis J $100,000
Previous Owner Manganiello Louis $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $1,052,500 -4.3% $219 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/24/2023 11/24/23 Price Changed $1,100,000 -4.3% $229 / Sq Ft
11/02/2023 11/02/23 Price Changed $1,150,000 -4.2% $240 / Sq Ft
10/20/2023 10/20/23 For Sale $1,200,000 -- $250 / 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 $12,615 $513,000 $140,800 $372,200
2023 $6,815 $289,500 $140,800 $148,700
2022 $6,815 $289,500 $140,800 $148,700
2021 $6,722 $289,500 $140,800 $148,700
2020 $6,731 $289,500 $140,800 $148,700
2019 $6,635 $289,500 $140,800 $148,700
2018 $6,595 $289,500 $140,800 $148,700
2017 $11,036 $469,000 $140,800 $328,200
2016 $10,923 $469,000 $140,800 $328,200
2015 $10,538 $481,600 $140,800 $340,800
2014 $10,672 $469,100 $140,800 $328,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22329341

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00046-11-00008-25