Seller's Agent in 2021
Jeffrey Cruz
Weichert Realtors-Rumson
(732) 747-8282
6 in this area
52 Total Sales
17 Sailors Way Red Bank, NJ 07701
New Monmouth NeighborhoodEstimated Value: $4,562,000 - $6,617,662
5
Beds
7
Baths
8,600
Sq Ft
$674/Sq Ft
Est. Value
Highlights
- New Construction
- Concrete Pool
- 2.57 Acre Lot
- Navesink Elementary School Rated A
- River View
- Wood Flooring
About This Home
As of August 2021NEW WATERFRONT CONSTRUCTION! Spectacular river views from this one of a kind, Robert Adler designed residence are ''Shore To Please''! Private cul-de-sac location with over two and a half acres of manicured, waterfront grounds. Quality is evident in every aspect of this stately home, from the breathtaking, hand-built professional chef's kitchen to the custom millwork and stunning hardwood floors. Five bedrooms, five full, two half baths. With 10, 12, and 14 foot ceilings, the flowing, open floor plan is perfect for entertaining and maximizes river views from multiple terraces and an abundance of oversize windows. A vast, walkout lower level and four car garage complete the package. Minutes from high speed ferry and the finest schools, beaches, and country clubs.
Last Agent to Sell the Property
Weichert Realtors-Rumson License #1223827 Listed on: 06/07/2020
Last Buyer's Agent
Berkshire Hathaway HomeServices Fox & Roach - Holmdel License #7933111
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $49,545
Year Built
- Built in 2020 | New Construction
Lot Details
- 2.57 Acre Lot
- River Front
- Cul-De-Sac
- Oversized Lot
Parking
- 4 Car Direct Access Garage
Home Design
- Shore Colonial Architecture
- Asphalt Rolled Roof
- Cedar Shake Siding
- Shake Siding
Interior Spaces
- 8,600 Sq Ft Home
- 2-Story Property
- Crown Molding
- Light Fixtures
- Fireplace
- French Doors
- Wood Flooring
- River Views
Kitchen
- Stove
- Range Hood
- Dishwasher
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- Steam Shower
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Pool
- Concrete Pool
- In Ground Pool
Outdoor Features
- Terrace
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Natural Gas Water Heater
- Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 32-00885-0000-00005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2020
Closed on
Aug 6, 2021
Sold by
Sailors Bridge Llc
Bought by
Marty Christopher and Marty Margret
Seller's Agent
Jeffrey Cruz
Weichert Realtors-Rumson
Buyer's Agent
James Lavin
Berkshire Hathaway HomeServices Fox & Roach - Holmdel
List Price
$6,499,000
Sold Price
$4,500,000
Premium/Discount to List
-$1,999,000
-30.76%
Total Days on Market
365
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
$1,297,221
Avg. Annual Appreciation
6.86%
Original Mortgage
$3,000,000
Outstanding Balance
$2,727,115
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$3,070,106
Purchase Details
Closed on
May 11, 2015
Sold by
Bridge Funding Inc
Bought by
Sailors Bridge Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,715,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 31, 2013
Sold by
Crown Real Estate Holdings Inc
Bought by
Bridge Funding Inc
Purchase Details
Closed on
Oct 10, 2007
Sold by
Arcadia Estate Co Ltd
Bought by
Masselli Sandy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 8, 1997
Sold by
Bankers Trust
Bought by
Arcadia Estate
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marty Christopher | $4,500,000 | Property Transfer Svcs Inc | |
| Sailors Bridge Llc | -- | Attorney | |
| Bridge Funding Inc | $3,190,000 | The Security Title Guarantee | |
| Masselli Sandy J | $3,500,000 | Monmouth Title Agency Inc | |
| Arcadia Estate | $1,300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marty Christopher | $3,000,000 | |
| Previous Owner | Sailors Bridge Llc | $2,715,000 | |
| Previous Owner | Bridge Funding Inc | $1,600,000 | |
| Previous Owner | Masselli Sandy J | $2,500,000 | |
| Previous Owner | Ardadia Estates Company Ltd | $2,044,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2021 08/06/21 | Sold | $4,500,000 | -8.2% | $523 / Sq Ft |
| 06/07/2021 06/07/21 | Pending | -- | -- | -- |
| 05/19/2021 05/19/21 | Price Changed | $4,900,000 | -9.3% | $570 / Sq Ft |
| 01/12/2021 01/12/21 | Price Changed | $5,400,000 | -8.5% | $628 / Sq Ft |
| 09/28/2020 09/28/20 | Price Changed | $5,900,000 | -9.2% | $686 / Sq Ft |
| 06/06/2020 06/06/20 | For Sale | $6,499,000 | -- | $756 / 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 | $79,001 | $4,726,600 | $1,939,400 | $2,787,200 |
| 2023 | $79,001 | $4,545,500 | $1,864,800 | $2,680,700 |
| 2022 | $61,585 | $4,403,700 | $1,851,300 | $2,552,400 |
| 2021 | $61,585 | $2,230,800 | $1,726,300 | $504,500 |
| 2020 | $50,418 | $2,358,200 | $1,875,000 | $483,200 |
| 2019 | $49,545 | $2,345,900 | $1,875,000 | $470,900 |
| 2018 | $48,346 | $2,231,000 | $1,885,000 | $346,000 |
| 2017 | $47,471 | $2,235,000 | $1,885,000 | $350,000 |
| 2016 | $85,072 | $3,992,100 | $1,885,000 | $2,107,100 |
| 2015 | $82,362 | $3,855,900 | $1,885,000 | $1,970,900 |
| 2014 | $76,615 | $3,500,000 | $1,885,000 | $1,615,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Cruz
-
James Lavin
Buyer's Agent in 2021
James Lavin
BHHS Fox & Roach
(732) 672-4583
1 in this area
32 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22018252
APN: 32-00885-0000-00005
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