NOT LISTED FOR SALE

15 Sailors Way Rumson, NJ 07760

Estimated Value: $5,058,089 - $5,957,000

6 Beds
8.5 Baths
8,318 Sq Ft
$667/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $3,055,000 $367 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $35,307/month

80 Days on Market

Highlights

  • Newly Remodeled
  • Custom Home
  • Loft
  • Deane Porter School Rated A
  • Marble Flooring
  • 2 Fireplaces

About This Home

As of January 2019

Modern elegance and exquisite finishes are evident throughout this custom 8300 sq ft home. The grand entry hall welcomes you and provides a great space for entertaining. The designer kitchen is the hub of the home, open to the great room, it features custom cabinetry, carrera counters, a large mahogany island, butler's pantry with wet bar and Miele Coffee station, 8 burner Wolf range with pot filler, sub zero refrigerator and freezer and so much more. The two story great room is filled with natural light offers fireplace, surround sound ready and French doors out to one of the many covered blue stone patios. The homes has 6 bedrooms all en suites, one of which is on 1st floor. The master suite has a gas fireplace, balcony, WIC with built ins and luxurious master bath w/ dual vanities and steam shower. The third floor bonus room provides 1200 sq ft of living space and has a full bath. Laundry is conveniently placed on the 1st and 2nd levels. There is a cabana/mud room with full bath. The 3 car garage with Mahogany doors was designed so that you could add lifts for additional cars.

Last Listed By

Andrew Kligman

RE/MAX Synergy License #8641055 Listed on: 08/10/2018

RE/MAX Synergy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,008

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Sprinkler System

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Cedar Shake Siding
  • Shake Siding
  • Stone Siding

Interior Spaces

  • 8,318 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Window Screens
  • French Doors
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Center Hall
  • Home Security System
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Porch

Schools

  • Deane-Porter Elementary School
  • Forrestdale Middle School
  • Rumson-Fair Haven High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 41-00116-0000-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,008

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Wall Oven, Dishwasher, Central Vacuum, Microwave, Security System, Refrigerator, Screens, Freezer, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Flooring: Ceramic Tile, Marble, Wood
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 1st Flr, Center Hall, Dec Molding, French Doors, Security System, Wet Bar, Recessed Lighting
  • New Construction: Yes
  • Year Built: 2017
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Garage Direct Entry: Yes
  • General Property Info Farm: No
  • Location Middle School: Forrestdale
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Exterior Sprinkler Under: Yes
  • Included Screens: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Rooms Bonus Room2: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • Kitchen Butler Pantry: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Rooms Loft2: Yes
  • SidingCedarShake: Yes
  • Floors Marble: Yes
  • Foyer Dec Molding2: Yes
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Total Bedrooms: 16
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Features Interior:Security System: Yes
  • Appliances Included:Wall Oven: Yes
  • Other Rooms:Great Room: Yes
  • Appliances Included:Freezer: Yes
  • OtherRoomsOther2: Yes
  • Features Interior:Wet Bar: Yes
  • Appliances Included:Central Vacuum: Yes
  • Other Rooms:Study: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Topography: Level
  • Waterfront: No
  • Construction Type: Shake Siding
  • Exterior Features: Porch - Open, Sprinkler Under
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Paved, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 5 Zone
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 5 Zone
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Forrestdale

Lot Info

  • Parcel #: 41-00116-0000-00011
  • Zoning Description: Residential

MLS Schools

  • Elementary School: Deane-Porter
  • High School: Rumson-Fair Haven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Farro Gary D and Farro Alexandra R
Bought by
Farro Gary D
Total Days on Market
80
Current Estimated Value
$5,545,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 10, 2018
Closed on
Feb 4, 2019
Sold by
E Dilorenzo Properties Llc
Bought by
Farro Gary D and Farro Alexandra R
Seller's Agent
Andrew Kligman
RE/MAX Synergy
Buyer's Agent
Michael Manna
Burke&Manna Real Estate Agency
Sold Price
$3,055,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$2,444,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 2, 2015
Closed on
Jul 22, 2016
Sold by
Mchugh Catherine S and Mchugh James J
Bought by
E Dilorenzo Properties Llc
Seller's Agent
Geralyn Behring
Gloria Nilson & Co. Real Estate
Buyer's Agent
Andrew Kligman
RE/MAX Synergy
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.98%

Purchase Details

Closed on
Dec 19, 1994
Sold by
Golden John
Bought by
Mchugh James and Mchugh Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
9.03%

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
Farro Gary D -- Poltlos John N
Farro Gary D $3,055,000 Titlevest Agency Llc
E Dilorenzo Properties Llc $1,200,000 Attorney
Mchugh James $447,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farro Gary D $1,500,000
Closed Farro Gary D $180,000
Closed Farro Gary D $2,100,000
Previous Owner Farro Gary D $2,365,000
Previous Owner Farro Gary D $2,444,000
Previous Owner Mchugh James $402,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $3,055,000 +154.6% $367 / Sq Ft
07/29/2016 07/29/16 Sold $1,200,000 -- $294 / 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 $53,008 $4,861,300 $1,603,500 $3,257,800
2023 $53,008 $4,534,500 $1,551,600 $2,982,900
2022 $45,251 $3,530,900 $1,326,400 $2,204,500
2021 $45,251 $3,180,000 $1,188,800 $1,991,200
2020 $47,197 $3,293,600 $1,226,500 $2,067,100
2019 $14,342 $976,300 $976,300 $0
2018 $14,469 $976,300 $976,300 $0
2017 $18,122 $1,233,600 $863,800 $369,800
2016 $20,052 $1,399,300 $976,500 $422,800
2015 $20,054 $1,380,200 $976,500 $403,700
2014 $19,951 $1,369,300 $976,500 $392,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21831748

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00116-0000-00011