$391,000
SOLD DEC 9, 2024

1501 King George Ln Unit 1593 Toms River, NJ 08753

3 Beds
2.5 Baths
1,743 Sq Ft
$395/mo HOA Fee

Recently Sold

$224 Per Sq Ft

8% Below List Price

64 Days on Market

Highlights

  • In Ground Pool
  • Backs to Trees or Woods
  • Balcony
  • Bay View
  • End Unit
  • 1 Car Direct Access Garage

About This Home

As of December 2024

Welcome HOME to Penny Layne Townhome Community! This 3BR 2.5 Bath END UNIT is Located in the Secluded Back Area of the Community only a Short Walk to the Lifeguarded Pool Area! GREAT Entertaining Flow in with a Prestigeous Living Room Featuring Stately Columns open to the Formal Dining Room Area with a Bay Window! Walk to your Dramatic 2 Story Family Room with a Gas Fireplace Flanked by Floor to Ceiling Windows Open to an Eat-in-Kitchen Area with a Seating Peninsula! Sliders off the Kitchen leads to a Secluded Gated Fenced Paver Patio Area backed by a Wooded Buffer for Privacy! Open Staircase w/Balcony overlooking Fam Rm, Primary BR has Vaulted Ceilings, Dble Walk-in-Closets leading to a Bathroom Suite w/Dble Sinks, Stall Shower & Soaking Tub. Laundry Rm off of BR Foyer, Updated Full Bath Appliances are AS IS, Central A/C Condenser is out of Freon & will need to be replaced. updated HW Heater installed Approximately 3yrs ago. Seller will need a 30 day stay after closing in order to transition to new Location.

Last Agent to Sell the Property

Mike Mennie

Pittenger Realty LLC License #9591043 Listed on: 08/01/2024

Co-Listed By

Jerel Stewart

NextHome Realty Premier Properties License #1538880

Last Buyer's Agent

Lisa Marotta

Daunno Realty Services License #2080863

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,974

Year Built

  • Built in 1992

Lot Details

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

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Mirrored Walls
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,743 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Tray Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Bay Window
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Laundry Room
  • Bay Views
  • Gas Cooktop

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 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
  • Primary Bathroom includes a Walk-In Shower

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 08-00414-0000-00007-0000-C1593

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include common area, exterior maint, lawn maintenance, pool
  • Penny Layne Subdivision, End Unit Townhome Floorplan
  • On-Site Maintenance

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,974

Year Built

Built in 1992

Lot Details

0

HOA Fees

$395 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: End Unit Townhome
  • ResoLotFeatures: Back to Woods
  • ResoPoolFeatures: Common, In Ground
  • Reso Association Amenities: Pool, Common Area
  • Reso Association Fee Includes: Common Area, Exterior Maint, Lawn Maintenance, Pool
  • Co List Office Mls Id: 4061
  • Co List Office Phone: 732-252-6800
  • Inclusions: Gas Cooking
  • Subdivision Name: Penny Layne
  • Architectural Style: End Unit, Townhouse, 2 Story
  • Reso Flooring: Ceramic Tile, Tile
  • Reso Interior Features: Balcony, Bay/Bow Window, Sliding Door, Wall Mirror, Recessed Lighting
  • New Construction: No
  • Year Built: 1992
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: 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
  • General Property Info Farm: No
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Style Townhouse: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Exterior Storm Door(s): Yes
  • Interior BayBow Window: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Living Room Dec Molding3: Yes
  • Interior Wall Mirror: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Floors Tile: Yes
  • Style End Unit: Yes
  • Dining Room BayBow Window3: Yes
  • Foyer Floor - WW Carpet: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 13
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Slab: Yes
  • Other Rooms:Foyer: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Fence, Patio, Storm Door(s), Lighting
  • Foundation Details: Slab
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • 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: 395.0
  • 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-C1593
  • Zoning Description: Planned Residential, Residential, Single Family, Conforming Use, Neighborhood

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5974.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Dec 3, 2024
Sold by
Leonardi Vincent and Leonardi Lynne
Bought by
Titonea Radu N and Titonea Adina M
Seller's Agent
Mike Mennie
Pittenger Realty LLC
Buyer's Agent
Lisa Marotta
Daunno Realty Services
List Price
$425,000
Sold Price
$391,000
Premium/Discount to List
-$34,000
-8%
Total Days on Market
64
Views
110
Current Estimated Value
$417,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,839
Avg. Annual Appreciation
15.17%
Original Mortgage
$100,000
Outstanding Balance
$97,641
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$320,198

Purchase Details

Closed on
Jun 13, 2007
Sold by
Cranston Sean S and Cranston Julie
Bought by
Leonardi Vincent and Leonardi Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 2004
Sold by
Warren Richard and Warren Denise
Bought by
Cranston Sean S and Bishop Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1999
Sold by
Fahey Gregory D and Fahey Joan W
Bought by
Warren Richard and Warren Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.73%
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 Type Sale Price Title Company
Deed $391,000 Clear To Close Title
Bargain Sale Deed $325,000 Lawyers Title Insurance Corp
Deed $275,000 --
Deed $159,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $220,000 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Previous Owner $17,340 Unknown
Closed $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $391,000 -2.2% $224 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/17/2024 09/17/24 Price Changed $399,900 -3.6% $229 / Sq Ft
08/26/2024 08/26/24 Price Changed $415,000 -2.4% $238 / Sq Ft
08/01/2024 08/01/24 For Sale $425,000 -- $244 / 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 $5,004 $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: 22422130

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00414-0000-00007-15-C093