NOT LISTED FOR SALE

132 Tower Hill Dr Red Bank, NJ 07701

Estimated Value: $468,000 - $570,000

2 Beds
2.5 Baths
1,434 Sq Ft
$375/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $370,000 $258 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,014/month

49 Days on Market

Highlights

  • In Ground Pool
  • 1 Fireplace
  • Tennis Courts
  • Red Bank Reg High School Rated A
  • End Unit
  • 1 Car Direct Access Garage

About This Home

As of July 2023

This tri-level townhouse is an end unit and has lots of windows and light. Recent upgrades (2023) include 3 zone gas hot water baseboard heat ($10,000). The seller was the original owner and the unit needs updating. This is an opportunity for an individual to make this home your own. Priced to sell.

Last Agent to Sell the Property

Gary Carpenter

Choices Realty Group License #0119736 Listed on: 05/01/2023

Last Buyer's Agent

Edwin Oels

Weichert Realtors-Rumson

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,166

Year Built

  • Built in 1981

Lot Details

  • 1,307 Sq Ft Lot
  • End Unit
  • Landscaped

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Common or Shared Parking
  • Driveway

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,434 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

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

Home Security

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Central Air
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 39-00052-01-00002-11

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, pool, snow removal
  • Tower Hill Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Pool
  • Pool Membership Available
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,166

Year Built

Built in 1981

Lot Details

0

HOA Fees

$465 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common, Fenced, In Ground, Membership Required
  • Reso Association Amenities: Tennis Court, Pool, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Pool, Snow Removal
  • Subdivision Name: Tower Hill
  • Architectural Style: End Unit, Townhouse, Condo
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1981
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.03
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Style Townhouse: Yes
  • Exterior Storm Door(s): Yes
  • Common Elements Landscaping: Yes
  • Pool Fenced: Yes
  • Water Heater Off Boiler: Yes
  • Common Elements Tennis Court: Yes
  • Style End Unit: Yes
  • SidingStucco: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Waterfront: No
  • Exclusions: Tenants personal property
  • Exterior Features: Storm Door(s)
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Common, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Hot Water, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association Fee: 465.0
  • 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: 1306.8
  • Parcel #: 39-00052-01-00002-11
  • Zoning Description: Planned Residential, Neighborhood

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8166.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jun 30, 2023
Sold by
Peterson Carl T
Bought by
Maragoto Manuel Nicolas
Seller's Agent
Gary Carpenter
Choices Realty Group
Buyer's Agent
Edwin Oels
Weichert Realtors-Rumson
List Price
$360,000
Sold Price
$370,000
Premium/Discount to List
$10,000
2.78%
Views
345
Current Estimated Value
$538,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,309
Avg. Annual Appreciation
17.11%
Original Mortgage
$296,000
Interest Rate
6.79%
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
Maragoto Manuel Nicolas $370,000 Westcor Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maragoto Manuel Nicolas $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $370,000 +2.8% $258 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $360,000 0.0% $251 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $360,000 -- $251 / 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
2025 $8,483 $519,600 $319,400 $200,200
2024 $8,483 $437,600 $245,400 $192,200
2023 $8,483 $443,900 $257,000 $186,900
2022 $7,894 $406,900 $228,000 $178,900
2021 $7,894 $352,900 $190,000 $162,900
2020 $7,239 $318,600 $170,000 $148,600
2019 $6,947 $314,200 $170,000 $144,200
2018 $6,753 $308,800 $170,000 $138,800
2017 $6,748 $319,800 $170,000 $149,800
2016 $7,080 $336,000 $190,000 $146,000
2015 $8,132 $400,000 $250,000 $150,000
2014 $7,652 $400,000 $250,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22311570

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00052-01-00002-11