NOT LISTED FOR SALE

16 Cedar St Red Bank, NJ 07701

Estimated Value: $623,842 - $642,000

3 Beds
2 Baths
1,598 Sq Ft
$394/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $428,000 $268 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,963/month

37 Days on Market

Highlights

  • Bay View
  • Colonial Architecture
  • Bonus Room
  • Red Bank Regional High School Rated A
  • Wood Flooring
  • 4-minute walk to Johnny Jazz Park

About This Home

As of October 2021

Location... Location Great starter home , investors or handyman special , centrally located in the Heart of Red Bank, possibilities are endless in this well maintained home 3 bedroom 2 bath , full finished basement, with walk up stairs to backyard with private entrance, Large detached 2 Car garage for lots of storage. Walking distance to train, transportation to NYC, bus, restaurants, shopping, entertainment, and close to beaches. Schedule an appointment today and use your imagination to bring this colonial back to life.....

Last Agent to Sell the Property

Viviana Mejia

Porter Plus Realty Listed on: 08/29/2021

Porter Plus Realty

Last Buyer's Agent

Crista Trovato

Weichert Realtors-Holmdel

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,391

Year Built

  • Built in 1955

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 54 x 100
  • Electric Fence
  • Oversized Lot

Parking

  • 2 Car Garage
  • Oversized Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Bay Views
  • Home Security System
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Exterior Lighting
  • Shed

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Refrigerator is negotiable, personal belongings
  • Assessor Parcel Number 39-00075-03-00071

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,391

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: AC Units, Security System
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Bay/Bow Window
  • Year Built: 1955
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.12
  • General Property Info Lot Dimensions: 54 x 100
  • Location Middle School: Red Bank
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Number Appliances Included A C Units: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • Rooms Bonus Room2: Yes
  • Kitchen Ceramic Tile3: Yes
  • Parking Oversized2: Yes
  • Included Security System2: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • Laundry Level Basement20: Yes
  • Exterior Fence - Electric: Yes
  • Bonus Room Level Basement35: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Walk-Out Access: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.12
  • Waterfront: No
  • Exclusions: Refrigerator is negotiable, personal belongings
  • Exterior Features: Fence - Electric, Shed, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Off Street, Direct Access
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 54 x 100
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 39-00075-03-00071
  • Zoning Description: Residential, Single Family, Multi-Use

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6391.0

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2021
Closed on
Oct 28, 2021
Sold by
Velazquez Miriam
Bought by
Loperena Mercedes and Loperena Monica
Seller's Agent
Viviana Mejia
Porter Plus Realty
Buyer's Agent
Crista Trovato
Weichert Realtors-Holmdel
List Price
$389,999
Sold Price
$428,000
Premium/Discount to List
$38,001
9.74%
Current Estimated Value
$630,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,211
Avg. Annual Appreciation
9.87%
Original Mortgage
$363,800
Outstanding Balance
$333,360
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$296,851

Purchase Details

Closed on
Jun 10, 1994
Sold by
Scott Robert
Bought by
Velazquez Ismeal and Velazquez Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Loperena Mercedes $428,000 Trident Abstract Ttl Agcy Ll
Velazquez Ismeal $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loperena Mercedes $363,800
Previous Owner Velazquez Ismeal $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $428,000 +9.7% $268 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $389,999 -- $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
2025 $7,773 $484,600 $233,700 $250,900
2024 $7,736 $411,500 $170,700 $240,800
2023 $7,736 $404,800 $170,700 $234,100
2022 $6,282 $369,400 $156,000 $213,400
2021 $6,282 $298,300 $104,000 $194,300
2020 $6,391 $281,300 $104,000 $177,300
2019 $6,405 $289,700 $104,000 $185,700
2018 $6,187 $282,900 $104,000 $178,900
2017 $5,132 $243,200 $84,000 $159,200
2016 $5,249 $249,100 $94,000 $155,100
2015 $5,156 $253,600 $132,000 $121,600
2014 $5,133 $268,300 $194,000 $74,300
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Viviana Mejia

    Porter Plus Realty

    Section Image

  • C

    Buyer's Agent in 2021

    Crista Trovato

    Weichert Realtors-Holmdel

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22128741

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00075-03-00071

New Jersey Monmouth County Red Bank 07701

16 Cedar St, Red Bank, NJ

Not Listed for Sale

Detached

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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