NOT LISTED FOR SALE

17 Rachel Ln Monroe Township, NJ 08831

Estimated Value: $1,103,215 - $1,249,000

5 Beds
4 Baths
2,934 Sq Ft
$398/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $835,000 $285 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,410/month

101 Days on Market

Highlights

  • Second Kitchen
  • Spa
  • 0.69 Acre Lot
  • Mill Lake Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • Colonial Architecture

About This Home

As of August 2022

Excellent opportunity to own a bright, beautifully upgraded and impeccably maintained home in Monroe twp! This great East facing home offers a very nice open floor plan with a 1st floor bedroom and full bath, a sitting room off of the master bedroom, a full finished basement, a great size fenced in backyard with a newer deck and so much more! Move right in and enjoy the beautifully and fully renovated kitchen and baths, New water heater, the gleaming wood floors, the elegant crown molding. The home also offers a central Vac system, Standby Generator(Generac), a chandelier lift, a jetted tub in the master bath, a Gas fireplace, 2 zone heating and AC, a hard wired Ethernet, smart thermostats, a backup Sump Pump, ceiling fans & so much more! Nothing to do but unpack & enjoy! Built by the builder of the Stratford in Monroe.

Last Agent to Sell the Property

Mary Saba

QUEENSTON REALTY Listed on: 05/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,572

Year Built

  • Built in 2008

Lot Details

  • 0.69 Acre Lot
  • East Facing Home
  • Fenced
  • Level Lot
  • Sprinkler System
  • Property is zoned R30

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Open Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2,934 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Monroe Pines Sec 05 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,572

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.689
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: Monroe Pines Sec 05
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Jacuzzi-Type
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Sitting Area, Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Kitchen Island, Pantry, Eat-in Kitchen, Separate Dining Area
  • Spa Features: Private, Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Washer, Kitchen Exhaust Fan, Gas Water Heater
  • Has Basement: Full, Finished, Bath Full
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Central Vacuum, 1 Bedroom, Entrance Foyer, Kitchen Second, Living Room, Dining Room, Family Room, 4 Bedrooms, Bath Main, Other Room(s), Attic
  • Living Area: 2934
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Level
  • Direction Faces: East
  • Exterior Features: Lawn Sprinklers
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Asphalt, Garage, Attached, Garage Door Opener

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air, Zoned
  • Heating: Zoned, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 30013
  • Zoning: R30

Tax Info

  • Tax Annual Amount: 16572
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Aug 19, 2022
Sold by
Shanad Edward I and Shanad Lydia I
Bought by
Saqib Najam Us and Hamid Rabia
Seller's Agent
Mary Saba
QUEENSTON REALTY
List Price
$869,000
Sold Price
$835,000
Premium/Discount to List
-$34,000
-3.91%
Current Estimated Value
$1,091,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,358
Avg. Annual Appreciation
10.04%
Original Mortgage
$664,000
Outstanding Balance
$633,061
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$478,560

Purchase Details

Closed on
Feb 22, 2011
Sold by
Shanad Edward and Shanad Lydia I
Bought by
Shanad Edward and Shanad Lydia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2008
Sold by
Monroe Pines Inc
Bought by
Shanad Emad A and Israil Lidia K
Source: Public Records

Range of Values:

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Average Value
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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
Saqib Najam Us $830,000 Suburban Title Examiners
Saqib Najam Us $830,000 Suburban Title Examiners
Shanad Edward -- Coastline Title Agency Inc
Shanad Edward -- Coastline Title Agency Inc
Shanad Emad A $600,000 --
Shanad Emad A $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saqib Najam Us $664,000
Previous Owner Shanad Edward $320,000
Previous Owner Shanad Edward $366,000
Previous Owner Shanad Edward $154,000
Previous Owner Shanad Edward $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $835,000 -1.6% $285 / Sq Ft
06/26/2022 06/26/22 Off Market $849,000 -- --
06/02/2022 06/02/22 Price Changed $849,000 -2.3% $289 / Sq Ft
05/10/2022 05/10/22 For Sale $869,000 -- $296 / Sq Ft
Source: All Jersey MLS

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 $17,553 $628,900 $231,900 $397,000
2023 $16,943 $628,900 $231,900 $397,000
2022 $16,678 $628,900 $231,900 $397,000
2021 $16,572 $628,900 $231,900 $397,000
2020 $16,590 $628,900 $231,900 $397,000
2019 $16,232 $628,900 $231,900 $397,000
2018 $16,024 $625,700 $231,900 $393,800
2017 $15,711 $625,700 $231,900 $393,800
2016 $15,480 $625,700 $231,900 $393,800
2015 $15,042 $625,700 $231,900 $393,800
2014 $14,429 $625,700 $231,900 $393,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2213505R

All Jersey MLS

APN: 12-00109-59-00024