NOT LISTED FOR SALE

1401 King George Ln Unit 1485 Toms River, NJ 08753

Estimated Value: $441,000 - $479,000

3 Beds
2.5 Baths
1,743 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $445,000 $255 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,436/month

5 Days on Market

Highlights

  • Outdoor Pool
  • Backs to Trees or Woods
  • End Unit
  • Deck
  • Wood Flooring
  • 1 Car Direct Access Garage

About This Home

As of October 2023

This sought after sunny end unit in Penny Layne is just what you are looking for...over 1700 sqft of open floor plan perfection.... Formal living Room and formal dining room...well-appointed kitchen... plus family room with gas fire place... this unit offers 3 bedroom 2.5 baths... there is a garage and plenty of storage! There is central air and gas heat....close to the Ocean County Mall and minutes away from parkway entrances north and south...Close to ocean and bay beaches.. You'll feel like you are on vacation every day! Did I mention there's a wonderful swimming pool!

Last Agent to Sell the Property

Nancy French

Childers Sotheby's Int Realty License #7813781 Listed on: 08/07/2023

Childers Sotheby's Int Realty

Co-Listed By

Cynthia Stiles

Childers Sotheby's Int Realty License #0015226

Last Buyer's Agent

Kelli Abrams

Keller Williams Realty West Monmouth License #0124144

Keller Williams Realty West Monmouth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,760

Year Built

  • Built in 1992

Lot Details

  • 1,307 Sq Ft Lot
  • End Unit
  • Backs to Trees or Woods

HOA Fees

  • $355 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,743 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 08-00414-0000-00007-0000-C1485

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include lawn maintenance, pool
  • Penny Layne Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,760

Year Built

Built in 1992

Lot Details

0

HOA Fees

$355 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Back to Woods
  • ResoPoolFeatures: Common
  • Reso Association Amenities: Association, Pool
  • Reso Association Fee Includes: Lawn Maintenance, Pool
  • Co List Office Mls Id: 2992
  • Co List Office Phone: 732-341-2525
  • Inclusions: Washer, Dishwasher, Dryer, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Penny Layne
  • Architectural Style: End Unit, Townhouse, 2 Story
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Sliding Door, Recessed Lighting
  • Property Attached Yn: Yes
  • Year Built: 1992
  • 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
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Pool3: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.03
  • General Property Info Farm: No
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Style Townhouse: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Style End Unit: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Waterfront: No
  • Exterior Features: Deck

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, 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 Fee: 355.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 08-00414-0000-00007-0000-C1485

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5760.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Sep 25, 2023
Sold by
Kearney Rita M
Bought by
Young Sherriane R R
Seller's Agent
Nancy French
Childers Sotheby's Int Realty
Buyer's Agent
Kelli Abrams
Keller Williams Realty West Monmouth
List Price
$439,900
Sold Price
$445,000
Premium/Discount to List
$5,100
1.16%
Total Days on Market
5
Views
159
Current Estimated Value
$460,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,220
Avg. Annual Appreciation
2.06%
Original Mortgage
$459,685
Outstanding Balance
$452,796
Interest Rate
7.18%
Mortgage Type
VA
Estimated Equity
$7,424

Purchase Details

Closed on
Jun 7, 1999
Sold by
New Jersey Housing & Mtg Finance Agency
Bought by
Kearney Rita M

Purchase Details

Closed on
Mar 2, 1999
Sold by
Long Beverly
Bought by
New Jersey Housing & Mtg Finance Agency
Source: Public Records

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Range of Values:

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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
Young Sherriane R R $445,000 Investment Title
Kearney Rita M $134,000 Fidelity National Title Ins
New Jersey Housing & Mtg Finance Agency -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Sherriane R R $459,685
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $445,000 +1.2% $255 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $439,900 -- $252 / 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 $5,974 $345,100 $150,000 $195,100
2023 $5,760 $345,100 $150,000 $195,100
2022 $5,760 $345,100 $150,000 $195,100
2021 $1,251 $200,700 $70,000 $130,700
2020 $5,005 $200,700 $70,000 $130,700
2019 $4,789 $200,700 $70,000 $130,700
2018 $4,507 $200,700 $70,000 $130,700
2017 $4,219 $200,700 $70,000 $130,700
2016 $4,562 $200,700 $70,000 $130,700
2015 $4,389 $200,700 $70,000 $130,700
2014 $5,036 $241,900 $70,000 $171,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22321730

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00414-0000-00007-14-C085