NOT LISTED FOR SALE

16 Monarch Ct Jackson, NJ 08527

Estimated Value: $1,150,802 - $1,249,000

4 Beds
2.5 Baths
3,287 Sq Ft
$370/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $1,060,000 $322 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,485/month

97 Days on Market

Highlights

  • Heated In Ground Pool
  • Deck
  • No HOA
  • Colonial Architecture
  • Backs to Trees or Woods
  • 2 Car Attached Garage

About This Home

As of October 2022

Welcome to Savannah at Timber Lake! Stunning brick front colonial is situated in the center of the most beautiful cul-de-sacs of the area! This home is situated on 1.55 acres. Enter the home and be wowed by the grand two-story front entrance with gleaming cherry hardwood floors. To your right you will find the formal living room & to your left the spacious dining room with beautiful moldings and hardwood flooring. Kitchen features upgraded cherry cabinets, and leads into the sun drenched two-story great room with a gas fireplace for cold winter nights! The first floor also features a half bath as well as a bonus room that can easily become a 5th bedroom. Upstairs you will be greeted by 4 spacious bedrooms. The primary suite & primary bath will WOW any buyer. A true owners suite featuring two walk-in closets, a bath with double vanities, soaking tub, and a stand-alone shower. Backyard paradise featuring a gated in-ground heated pool perfect for summer fun! Basement with high ceilings ready to be finished and customized to your liking. Plenty of storage space, 2 car garage attached just off the Kitchen. Pack your belongings and move in!

Last Agent to Sell the Property

Resa Shapiro

HomeSmart First Advantage License #1542715 Listed on: 07/06/2022

HomeSmart First Advantage

Last Buyer's Agent

Efraim Feder

Imperial Real Estate Agency License #1644399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,648

Year Built

  • Built in 2001

Lot Details

  • 1.55 Acre Lot
  • Backs to Trees or Woods

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,287 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Deck
  • Outdoor Storage
  • Storage Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Natural Gas Water Heater
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Savannah Timber Subdivision

Listing and Financial Details

  • Exclusions: Personal Belongings
  • Assessor Parcel Number 12-15401-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,648

Year Built

Built in 2001

Lot Details

1.55 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Back to Woods
  • ResoPoolFeatures: Heated, In Ground
  • Subdivision Name: Savannah Timber
  • Architectural Style: Colonial
  • Reso Other Structures: Storage Shed
  • Year Built: 2001
  • Contract Info List PriceSqFt: 349.56
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 1.55
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Lot Description Back to Woods: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Parking Asphalt: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.55
  • Waterfront: No
  • Exclusions: Personal Belongings
  • Construction Type: Brick
  • Exterior Features: Deck, Storage, Swimming
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Baseboard, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Water/Sewer/Septic: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 67518.0
  • Parcel #: 12-15401-0000-00008
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13648.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Sep 12, 2022
Sold by
Karas Melissa and Karas Richard
Bought by
Kahan Mordechai and Kahan Peri
Seller's Agent
Resa Shapiro
HomeSmart First Advantage
Buyer's Agent
Efraim Feder
Imperial Real Estate Agency
List Price
$1,149,000
Sold Price
$1,060,000
Premium/Discount to List
-$89,000
-7.75%
Views
67
Current Estimated Value
$1,217,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,201
Avg. Annual Appreciation
4.24%
Original Mortgage
$848,000
Outstanding Balance
$814,910
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$402,291

Purchase Details

Listed on
Sep 20, 2013
Closed on
Dec 6, 2013
Sold by
Cardinale Barbara
Bought by
Karas Richard and Karas Melissa
Seller's Agent
Alan Kurlander
Coldwell Banker Realty
Buyer's Agent
Lisa Angelicola
NextHome Realty Premier Properties
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$54,976
Interest Rate
4.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 25, 2001
Sold by
Arrowhead Building Corp
Bought by
Cardinale Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.86%
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
Kahan Mordechai $1,060,000 Madison Title
Karas Richard $525,000 None Available
Cardinale Barbara $381,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahan Mordechai $848,000
Previous Owner Karas Richard $54,976
Previous Owner Karas Richard $417,000
Previous Owner Cardinale Barbara $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2022 10/23/22 For Sale $1,149,000 +8.4% $350 / Sq Ft
10/21/2022 10/21/22 Sold $1,060,000 -7.7% $322 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $1,149,000 0.0% $350 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $1,149,000 +118.9% $350 / Sq Ft
12/06/2013 12/06/13 Sold $525,000 -- -- View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $14,581 $1,181,500 $323,900 $857,600
2024 $14,090 $545,700 $114,000 $431,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22221045

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-15401-0000-00008

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