NOT LISTED FOR SALE

131 Cherry Tree Farm Rd Middletown, NJ 07748

New Monmouth Neighborhood

Estimated Value: $600,000 - $692,824

4 Beds
2 Baths
1,621 Sq Ft
$407/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $425,000 $262 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,295/month

86 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • No HOA
  • Deck
  • Attic
  • 1-minute walk to Countryside Park

About This Home

As of February 2021

WONDERFUL FOUR BEDROOM TWO FULL BATH HOME SITUATED ON HUGE PARK-LIKE PROPERTY. FROM THE MOMENT YOU PULL UP TO THIS HOME YOU WILL BE IMPRESSED WITH THE CURB APPEAL AND CIRCULAR DRIVEWAY. THIS HOME HAS BEEN UPDATED AND IS WELL MAINTAINED BOTH INSIDE AND OUT. HARDWOOD FLOORS IN LIVING ROOM, KITCHEN, DINING , UPPER STAIRS AND HALL. LOVELY UPDATED KITCHEN WITH PLENTY OF CUSTOM CHERRY CABINETS AND COUNTER SPACE. LARGE FAMILY ROOM. ANDERSON WINDOWS THROUGHT. TMBERLINE ROOF, DIRECT ENTRY GARAGE. SLIDER OFF THE KITCHEN TO A NICE SIDE DECK, WOW, A YARD TO ACCOMMODATE A POOL AND MORE. GREAT VALUE IN TODAY'S REAL ESTATE MARKET.

Last Agent to Sell the Property

Jeffrey Dispenza

Coldwell Banker Realty License #8645608 Listed on: 09/17/2020

Coldwell Banker Realty

Last Buyer's Agent

Roderick Seward

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,205

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 125 x 175
  • Fenced
  • Oversized Lot

Parking

  • 1 Car Direct Access Garage
  • Circular Driveway

Home Design

  • Split Level Home
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling height of 9 feet on the main level
  • Light Fixtures
  • Sliding Doors
  • Family Room
  • Living Room
  • Pull Down Stairs to Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Dinette
  • Stove
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Cherry Tree Vlg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32-00576-0000-00064

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,205

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: Washer, Dryer, Light Fixtures, Microwave, Stove, Refrigerator
  • Subdivision Name: Cherry Tree Vlg
  • Architectural Style: Split Level
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic, Attic - Pull Down Stairs, Ceilings - 9Ft+ 1st Flr, Sliding Door
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • GreatFamily Room Sliding Door4: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.5
  • General Property Info Lot Dimensions: 125 x 175
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Included Light Fixtures: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Lot Description Oversized3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Style Split Level: Yes
  • Parking Circular Driveway: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • Stories: 3
  • Other Rooms:Family Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Dining Room Features:KitchenDinette: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.5
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Deck, Fence, Patio
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Circular Driveway, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: 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

Lot Info

  • Lot Dimensions: 125 x 175
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 32-00576-0000-00064
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8205.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Jan 28, 2021
Sold by
Morrell Janet Lynn
Bought by
Cortes David and Cortes Leslie
Seller's Agent
Jeffrey Dispenza
Coldwell Banker Realty
Buyer's Agent
Roderick Seward
Keller Williams Shore Properties
List Price
$459,900
Sold Price
$425,000
Premium/Discount to List
-$34,900
-7.59%
Current Estimated Value
$659,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,456
Avg. Annual Appreciation
10.33%
Original Mortgage
$403,750
Outstanding Balance
$361,933
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$303,317

Purchase Details

Closed on
Aug 25, 2008
Sold by
Ruggiero Elizabeth
Bought by
Morrell Janet Lynn

Purchase Details

Closed on
Feb 20, 2004
Sold by
Logan Gerard
Bought by
Ruggiero Elizabeth

Purchase Details

Closed on
Jul 29, 2003
Sold by
Finnegan Jeanne
Bought by
Logan Gerard
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
Cortes David $425,000 All Ahead Title
Cortes David $425,000 All Ahead Title Agency
Morrell Janet Lynn -- None Available
Ruggiero Elizabeth $399,000 --
Logan Gerard $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes David $75,000
Open Cortes David $403,750
Closed Cortes David $403,750
Previous Owner Morrell Janet Lynn $33,000
Closed Ruggiero Elizabeth $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $425,000 -4.5% $262 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
11/06/2020 11/06/20 Price Changed $445,000 -3.2% $275 / Sq Ft
09/17/2020 09/17/20 For Sale $459,900 -- $284 / 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 $8,419 $541,500 $366,800 $174,700
2023 $8,419 $484,400 $315,200 $169,200
2022 $7,116 $446,300 $285,200 $161,100
2021 $7,116 $374,500 $231,200 $143,300
2020 $8,167 $382,000 $241,900 $140,100
2019 $8,205 $388,500 $249,200 $139,300
2018 $7,972 $367,900 $235,100 $132,800
2017 $7,686 $351,100 $220,500 $130,600
2016 $7,510 $352,400 $220,500 $131,900
2015 $7,744 $350,900 $220,500 $130,400
2014 $7,076 $312,700 $193,500 $119,200
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Dispenza

    Seller's Agent in 2021

    Jeffrey Dispenza

    Coldwell Banker Realty

    (732) 241-8574

    6 in this area

    47 Total Sales

    Jeffrey Dispenza
    Section Image

  • R

    Buyer's Agent in 2021

    Roderick Seward

    Keller Williams Shore Properties

  • r

    Buyer's Agent in 2021

    rod seward

    NextHome Shore Force Realty

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22033317

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00576-0000-00064

New Jersey Monmouth County Middletown 07748 New Monmouth

131 Cherry Tree Farm Rd, Middletown, NJ

This home is located at 131 Cherry Tree Farm Rd, Middletown, NJ 07748 since 17 September 2020 and is currently estimated at $659,456, approximately $406 per square foot. 131 Cherry Tree Farm Rd is a home located in Monmouth County with nearby schools including Harmony Elementary School, Thorne Middle School, and Middletown High School North.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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