NOT LISTED FOR SALE

16 N Cherry Ln Rumson, NJ 07760

Estimated Value: $2,394,000 - $3,017,000

5 Beds
5 Baths
3,350 Sq Ft
$784/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $1,540,000 $460 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $15,595/month

6 Days on Market

Highlights

  • Bay View
  • Custom Home
  • Wood Flooring
  • Deane Porter School Rated A
  • Fireplace in Primary Bedroom
  • Steam Shower

About This Home

As of April 2020

This 5 BR, 5 Bath home is located in desirable Old Farm Village! There are a lot of features that many people will appreciate: 1st floor guest suite (currently used as office) w/walk-in closet, 2 gas fireplaces, direct entry 2 car heated garage, gourmet kitchen every chef would love to cook in w/oversized island, top of the line appliances, bluestone front porch and backyard patio, full finished basement about 1500 sq ft w/2cedar closets, high ceiling and full bath and many more. Just blocks away to blue ribbon schools, within minutes to train, bus, fast speed Ferry to NYC and about a mile away from the beach!

Last Agent to Sell the Property

Lena Milke

Weichert Realtors-Rumson License #1004132 Listed on: 01/17/2020

Weichert Realtors-Rumson

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 75 x 152
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Heated Garage
  • Driveway with Pavers
  • Paver Block

Home Design

  • Custom Home
  • Colonial Architecture
  • Mirrored Walls
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 3,350 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Awning
  • Blinds
  • Bay Window
  • Sliding Doors
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Center Hall
  • Bay Views
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Stove
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Steam Shower
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Olde Farm Vil Subdivision

Listing and Financial Details

  • Exclusions: List attached in documents
  • Assessor Parcel Number 41-00023-0000-00002

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, Blinds/Shades, Ceiling Fan(s), Dishwasher, Central Vacuum, Dryer, Microwave, Security System, Stove, Stove Hood, Refrigerator, Awnings, Freezer, Garbage Disposal
  • Subdivision Name: Olde Farm Vil
  • Architectural Style: Custom, Colonial
  • Reso Flooring: W/W Carpet, See Remarks, Other
  • Reso Interior Features: Attic - Pull Down Stairs, Bay/Bow Window, Built-Ins, Ceilings - 9Ft+ 1st Flr, Center Hall, Dec Molding, Security System, Sliding Door, Wall Mirror, Recessed Lighting
  • Year Built: 2007
  • Contract Info List PriceSqFt: 471.04
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 75 x 152
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Kitchen Sliding Door5: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Interior Wall Mirror: Yes
  • Included Security System2: Yes
  • Parking Paver Block: Yes
  • Kitchen Butler Pantry: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Included Garbage Disposal: Yes
  • Living Room BayBow Window2: Yes
  • Kitchen BayBow Window4: Yes
  • Dining Room BayBow Window3: Yes
  • Included Awnings: Yes
  • SidingCedarShake: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Foyer Dec Molding2: Yes
  • Laundry Level Basement20: Yes
  • Garage Heated2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full Finished, Heated
  • Basement: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Features Interior:Security System: Yes
  • Other Rooms:Basement3: Yes
  • Appliances Included:Freezer: Yes
  • Appliances Included:Central Vacuum: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bedroom Fireplace - Gas2: Yes
  • Primary Bath Steam Shower: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: List attached in documents
  • Construction Type: Shake Siding
  • Exterior Features: Fence, Patio, Porch - Open, Sprinkler Under, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paver Block, Driveway, Direct Access, Heated Garage, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75 x 152
  • Parcel #: 41-00023-0000-00002
  • Zoning Description: Residential, Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Apr 23, 2020
Sold by
Marino Michael A and Marino Chryl H
Bought by
Samuel Fredy and Samuel Nancy
Seller's Agent
Lena Milke
Weichert Realtors-Rumson
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$1,540,000
Current Estimated Value
$2,625,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,085,989
Avg. Annual Appreciation
9.78%
Original Mortgage
$1,050,000
Outstanding Balance
$903,832
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$1,722,157

Purchase Details

Closed on
Feb 21, 2007
Sold by
Seajam 15 Llc
Bought by
Marino Michael and Marino Cheryl

Purchase Details

Closed on
Oct 14, 2005
Sold by
Tibbetts Merrick S
Bought by
Seajam 15 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$981,250
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Samuel Fredy $1,540,000 Main Street Title
Marino Michael $1,675,000 Transnation Title Ins Co
Seajam 15 Llc $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samuel Fredy $1,050,000
Previous Owner Seajam 15 Llc $981,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2020 04/15/20 Sold $1,540,000 -- $460 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
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 $22,365 $2,179,600 $1,215,000 $964,600
2024 $22,507 $2,033,200 $1,135,000 $898,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22002109

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00023-0000-00002