NOT LISTED FOR SALE

159 Lexington Ct Red Bank, NJ 07701

New Monmouth Neighborhood

Estimated Value: $295,000 - $356,000

1 Bed
1 Bath
999 Sq Ft
$326/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $175,000 $175 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,547/month

15 Days on Market

Highlights

  • Golf Course Community
  • Outdoor Pool
  • Clubhouse
  • Tennis Courts
  • Active Adult
  • 1-minute walk to Nut Swamp Road Park

About This Home

As of October 2020

Welcome to 159 Lexington Ct-a first floor one bedroom one bath Shrewsbury model. Shadow Lake is a gated adult community with clubhouse, pool and a 9 hole golf course. Updated kitchen opens to the combination living room/dining area. Sliders from the dining room lead to a sunroom overlooking the landscaped common areas. Spacious one bedroom with ample closet space and an updated full bath. Close proximity to Red Bank and all modes of transportation.

Last Agent to Sell the Property

Elizabeth Lubin

Heritage House Sotheby's International Realty License #0338806 Listed on: 09/17/2020

Heritage House Sotheby's International Realty

Last Buyer's Agent

Colleen Camillo

VRI Homes

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1979

Lot Details

  • 436

HOA Fees

  • $428 Monthly HOA Fees

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Light Fixtures
  • Blinds
  • Sliding Doors

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Parking

  • 1 Parking Space
  • No Garage
  • Common or Shared Parking
  • Visitor Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Tennis Courts
  • Outdoor Storage

Utilities

  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Additional Features

  • 436 Sq Ft Lot
  • Lower Level

Listing and Financial Details

  • Assessor Parcel Number 32-01010-0000-00021

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, pool, rec facility, snow removal
  • Shadow Lake Vil Subdivision, Shrewsbury Floorplan
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Controlled Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,500

Year Built

Built in 1979

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Model: Shrewsbury
  • ResoPoolFeatures: Common
  • Reso Association Amenities: Tennis Court, Controlled Access, Association, Shuffleboard, Pool, Golf Course, Clubhouse, Common Area, Bocci
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Snow Removal
  • Inclusions: Blinds/Shades, Dishwasher, Electric Cooking, Light Fixtures, Refrigerator
  • Subdivision Name: Shadow Lake Vil
  • Architectural Style: Lower Level
  • Reso Flooring: Ceramic Tile, W/W Carpet
  • Reso Interior Features: Sliding Door
  • Property Attached Yn: Yes
  • Year Built: 1979
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Floor - Engineered3: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Exterior Controlled Access: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Acreage: 0.01
  • Water Heater Electric2: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Shuffleboard: Yes
  • Common Elements Tennis Court: Yes
  • Common Elements Bocci: Yes
  • Common Elements Golf Course: Yes
  • Cooling Multi Units: Yes
  • Parking Visitor: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront: No
  • Exterior Features: Controlled Access, Storage, Swimming, Tennis Court(s)

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Common, Visitor, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 428.0
  • 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: 435.6
  • Parcel #: 32-01010-0000-00021
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2022
Sold by
Dirosa Michael
Bought by
Dirosa Catherine J
Current Estimated Value
$325,653

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 30, 2020
Sold by
Mergenthaler William J and Mergenthaler Frank
Bought by
Dirosa Michael and Dirosa Catherine
Seller's Agent
Elizabeth Lubin
Heritage House Sotheby's International Realty
Buyer's Agent
Colleen Camillo
VRI Homes
List Price
$165,000
Sold Price
$175,000
Premium/Discount to List
$10,000
6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%

Purchase Details

Closed on
Mar 20, 2003
Sold by
Kennedy Michael
Bought by
Mergenthaler William and Michael Mergenthaler

Purchase Details

Closed on
Nov 20, 2002
Sold by
Mcdermott Carol
Bought by
Kennedy Michael

Purchase Details

Closed on
Oct 24, 1994
Sold by
Schneider Albert
Bought by
Kennedy Michael and Mcdermott Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8.9%
Source: Public Records

Range of Values:

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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
Dirosa Catherine J -- Westcor Land Title
Dirosa Michael $175,000 East Coast Title Agency
Dirosa Michael $175,000 Land Title
Mergenthaler William $138,000 --
Kennedy Michael $7,773 --
Kennedy Michael $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy Michael $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $175,000 +6.1% $175 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $165,000 -- $165 / 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 $4,703 $329,000 $160,000 $169,000
2024 $4,121 $285,900 $120,000 $165,900
2023 $4,121 $237,100 $90,000 $147,100
2022 $3,505 $201,900 $60,000 $141,900
2021 $3,505 $168,500 $50,000 $118,500
2020 $3,538 $165,500 $40,000 $125,500
2019 $3,500 $165,700 $40,000 $125,700
2018 $3,465 $159,900 $40,000 $119,900
2017 $3,137 $147,700 $30,000 $117,700
2016 $2,794 $131,100 $30,000 $101,100
2015 $2,422 $113,400 $15,000 $98,400
2014 $2,298 $105,000 $15,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Elizabeth Lubin

    Heritage House Sotheby's International Realty

    (732) 236-9330

    12 in this area

    71 Total Sales

    Elizabeth Lubin
    Section Image

  • C

    Buyer's Agent in 2020

    Colleen Camillo

    RE/MAX

    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22033396

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01010-0000-00021

New Jersey Monmouth County Red Bank 07701 New Monmouth

159 Lexington Ct, Red Bank, NJ

This home is located at 159 Lexington Ct, Red Bank, NJ 07701 since 17 September 2020 and is currently estimated at $325,653, approximately $325 per square foot. This property was built in 1979. 159 Lexington Ct is a home located in Monmouth County with nearby schools including River Plaza Elementary School, Thompson Middle School, and Middletown - South High School.

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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