161 Bingham Ave Rumson, NJ 07760
Estimated Value: $3,718,643 - $4,320,000
7
Beds
6.5
Baths
7,275
Sq Ft
$544/Sq Ft
Est. Value
Highlights
- Basketball Court
- Bay View
- 1.5 Acre Lot
- Deane Porter School Rated A
- Custom Home
- Fireplace in Primary Bedroom
About This Home
As of February 2022LUXURY LIVING PERSONIFIED IN RUMSON! Crafted in '05' by Matzel & Mumford, this 7300 sq foot sea shore colonial is nestled on 1.5 acres of manicured grounds and boasts 7 bedrooms (all en-suites), 6.1 baths, and breathtaking natural light throughout a brilliantly designed open layout w/ 9' foot ceilings, oversized windows, and extensive custom millwork. 1st floor graciously offers stunning home office w/ built ins, 'bonus' room with ensuite, formal dining/living rooms with exceptional carpentry, 2nd entrance which leads to mudroom, walk in laundry, and 1/2 bath, and beautiful 'great' room w/ cathedral ceiling and wall of windows overlooking the 'parklike' grounds! Enjoy everything Rumson has to offer - superior schools, prestigious rivers, rests, & parks! Welcome home to 161 Bingham!
Last Agent to Sell the Property
O'Brien Realty, LLC License #1223273 Listed on: 11/10/2021
Last Buyer's Agent
Chris Katz
RE/MAX Synergy
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,831
Year Built
- Built in 2005
Lot Details
- 1.5 Acre Lot
- Sprinkler System
Parking
- 3 Car Direct Access Garage
- Circular Driveway
- Double-Wide Driveway
- Off-Street Parking
Home Design
- Custom Home
- Colonial Architecture
- Shore Colonial Architecture
- Shingle Roof
- Asphalt Rolled Roof
- Cedar Siding
- Cedar
Interior Spaces
- 7,275 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- Beamed Ceilings
- Tray Ceiling
- Ceiling height of 9 feet on the main level
- Recessed Lighting
- 3 Fireplaces
- Gas Fireplace
- Bay Window
- Double Door Entry
- French Doors
- Sliding Doors
- Sunken Living Room
- Den
- Bonus Room
- Home Gym
- Center Hall
- Wood Flooring
- Bay Views
- Crawl Space
- Pull Down Stairs to Attic
- Home Security System
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Dinette
- Kitchen Island
Bedrooms and Bathrooms
- 7 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- In-Law or Guest Suite
- Dual Vanity Sinks in Primary Bathroom
- Whirlpool Bathtub
- Primary Bathroom Bathtub Only
Outdoor Features
- Basketball Court
- Patio
- Exterior Lighting
- Outdoor Grill
- Play Equipment
Schools
- Deane-Porter Elementary School
- Forrestdale Middle School
- Rumson-Fair Haven High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 41-00125-0000-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2021
Closed on
Feb 21, 2022
Sold by
Levine and Anya
Bought by
Mlotek Lee and Taff Jessica
Seller's Agent
Edwin Oels
O'Brien Realty, LLC
Buyer's Agent
Chris Katz
RE/MAX Synergy
List Price
$2,799,000
Sold Price
$2,950,000
Premium/Discount to List
$151,000
5.39%
Total Days on Market
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,007,881
Avg. Annual Appreciation
9.43%
Original Mortgage
$2,000,000
Outstanding Balance
$1,850,916
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,106,965
Purchase Details
Listed on
Nov 7, 2014
Closed on
Jun 8, 2015
Sold by
Powers James J and Powers Kristen R
Bought by
Levine Jonathan and Levine Anya
Seller's Agent
Elaine Eadon
Heritage House Sotheby's International Realty
Buyer's Agent
Mario Venancio
Gloria Nilson & Co. Real Estate
Sold Price
$2,350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$1,100,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 1, 2010
Sold by
Brandywine Management Inc
Bought by
Powers James J and Powers Kristen R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,350
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 22, 2003
Sold by
Ferrara John
Bought by
Brandywine Mgmt Inc
Purchase Details
Closed on
Dec 12, 2001
Sold by
American Bldg Enterprises Llc
Bought by
Ferrara John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.13%
Purchase Details
Closed on
Oct 18, 2001
Sold by
White Donald
Bought by
American Bldg
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.13%
Similar Homes in Rumson, NJ
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mlotek Lee | $2,950,000 | Oceanview Title | |
| Levine Jonathan | $2,350,000 | Chicago Title Insurance Co | |
| Powers James J | $2,500,000 | Acres Land Title Agency Llc | |
| Brandywine Mgmt Inc | $1,150,000 | -- | |
| Ferrara John | $859,900 | -- | |
| American Bldg | $615,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mlotek Lee | $2,000,000 | |
| Previous Owner | Levine Jonathan | $1,100,000 | |
| Previous Owner | Powers James J | $270,350 | |
| Previous Owner | Powers James J | $729,650 | |
| Previous Owner | Ferrara John | $600,000 | |
| Previous Owner | American Bldg | $1,162,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2022 02/23/22 | Sold | $2,950,000 | +5.4% | $405 / Sq Ft |
| 02/11/2022 02/11/22 | For Sale | $2,799,000 | 0.0% | $385 / Sq Ft |
| 11/23/2021 11/23/21 | Pending | -- | -- | -- |
| 11/10/2021 11/10/21 | For Sale | $2,799,000 | +19.1% | $385 / Sq Ft |
| 06/10/2015 06/10/15 | Sold | $2,350,000 | -- | $322 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $35,831 | $3,254,600 | $1,601,300 | $1,653,300 |
| 2023 | $35,831 | $3,065,100 | $1,550,000 | $1,515,100 |
| 2022 | $35,584 | $2,763,500 | $1,325,000 | $1,438,500 |
| 2021 | $35,584 | $2,500,600 | $1,187,500 | $1,313,100 |
| 2020 | $34,392 | $2,400,000 | $1,225,000 | $1,175,000 |
| 2019 | $37,725 | $2,568,100 | $975,000 | $1,593,100 |
| 2018 | $36,961 | $2,494,000 | $975,000 | $1,519,000 |
| 2017 | $34,304 | $2,335,200 | $862,500 | $1,472,700 |
| 2016 | $34,545 | $2,410,700 | $975,000 | $1,435,700 |
| 2015 | $42,098 | $2,897,300 | $975,000 | $1,922,300 |
| 2014 | $41,740 | $2,864,800 | $975,000 | $1,889,800 |
Source: Public Records
Agents Affiliated with this Home
-
Edwin Oels
Seller's Agent in 2022
Edwin Oels
O'Brien Realty, LLC
(908) 447-4280
28 in this area
124 Total Sales
-
C
Buyer's Agent in 2022
Chris Katz
RE/MAX
-
Elaine Eadon
Seller's Agent in 2015
Elaine Eadon
Heritage House Sotheby's International Realty
(732) 778-4400
16 in this area
104 Total Sales
-
Buyer's Agent in 2015
Mario Venancio
BHHS Fox & Roach
(732) 995-6244
116 in this area
427 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22136384
APN: 41-00125-0000-00003
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