NOT LISTED FOR SALE

1601 Rio Grande Dr Unit 2101 Toms River, NJ 08755

Estimated Value: $564,000 - $602,000

3 Beds
2.5 Baths
2,296 Sq Ft
$200/mo HOA Fee

Last Sold April 21, 2023

Last sale price $520,000 $226 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,969/month

19 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • Granite Countertops
  • Deck
  • End Unit
  • Breakfast Area or Nook

About This Home

As of April 2023

MOVE FAST on this opportunity to secure a better-than-new townhouse (2018) in the coveted River Wood Chase development of Toms River! A highly desirable end unit, this 3-bedroom, 2.5-bathroom home spans three (3) distinct levels and offers luxurious finishes at every turn. The main level displays an expansive open-concept layout, hallmarked by a large eat-in kitchen with granite countertops, center island with seating for four (4), an elegant dine-in space, and luxury living room with electric fireplace sat beside sliding-door access to the private rear deck. Opposite the living room awaits a large family room flush with natural light, featuring a work nook recessed lighting and polished wood floors that continue throughout. Upstairs offers three (3) bedrooms and two (2) full bathrooms, including a lavish primary suite with tray ceilings and ensuite full bathroom, outfitted with dual sinks, a spacious tub and large walk-in shower. Two sizable bedrooms, a laundry room and full bathroom with soaking tub complete the uppermost level of this home. The fully finished lower level offers direct entry to the attached 1-car garage and comes complete with a powder room and massive bonus space, perfect for recreation, leisure and so much more, with walk-out access to the rear, covered patio. An absolute must see in a highly accessible Toms River location!

Last Agent to Sell the Property

Salvatore Ventre

Real Broker, LLC- Point P License #1223429 Listed on: 03/02/2023

Last Buyer's Agent

Tsivia Cynamon

C21/ Value Plus Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,860

Year Built

  • Built in 2018

Lot Details

  • End Unit

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Driveway
  • Assigned Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 2,296 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • Sliding Doors
  • Wood Flooring

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting

Utilities

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

Community Details

  • River Wood Chase Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-00166-0000-00003-01-C2101

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,860

Year Built

Built in 2018

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Inclusions: Outdoor Lighting, Blinds/Shades, Dishwasher, Light Fixtures, Refrigerator
  • Subdivision Name: River Wood Chase
  • Architectural Style: End Unit
  • Reso Interior Features: Dec Molding, Sliding Door, Recessed Lighting
  • Property Attached Yn: Yes
  • Year Built: 2018
  • General Property Info Waterview: 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: No
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.02
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Outdoor Lighting: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Style End Unit: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • BasementOther: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.02
  • Waterfront: No
  • Exterior Features: Balcony, Deck

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Common, Driveway
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 08-00166-0000-00003-01-C2101
  • Zoning Description: Residential, Single Family, Neighborhood

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6860.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Apr 19, 2023
Sold by
Rivera Ramon and Rivera Karolyn
Bought by
Markovits Jacob and Markovits Toby
Seller's Agent
Salvatore Ventre
Real Broker, LLC- Point P
Buyer's Agent
Tsivia Cynamon
C21/ Value Plus Realty
List Price
$499,999
Sold Price
$520,000
Premium/Discount to List
$20,001
4%
Views
35
Current Estimated Value
$582,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,946
Avg. Annual Appreciation
4.13%
Original Mortgage
$390,000
Outstanding Balance
$381,749
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$190,130

Purchase Details

Closed on
Jun 8, 2018
Sold by
Nvr Inc
Bought by
Rivera Karol and Rivera Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,964
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2017
Sold by
Nobility Crest At Dover Llc
Bought by
Nvr Inc
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
Markovits Jacob $520,000 None Listed On Document
Rivera Karol $337,070 Legacy Title
Nvr Inc $95,000 Title America Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markovits Jacob $390,000
Closed Rivera Karolyn $80,236
Previous Owner Rivera Karol $330,964
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $520,000 +4.0% $226 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $499,999 -- $218 / 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 $7,120 $411,300 $185,000 $226,300
2023 $6,860 $411,300 $185,000 $226,300
2022 $6,860 $411,300 $185,000 $226,300
2021 $1,689 $271,600 $70,000 $201,600
2020 $6,755 $271,600 $70,000 $201,600
2019 $6,461 $271,600 $70,000 $201,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22305633

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08 00166-0000-00003- 02-C2101