18 Cherry Tree Ln Middletown, NJ 07748
New Monmouth NeighborhoodEstimated Value: $615,000 - $641,000
3
Beds
1.5
Baths
1,498
Sq Ft
$419/Sq Ft
Est. Value
Highlights
- Bay View
- Sun or Florida Room
- No HOA
- Middletown Village Elementary School Rated A-
- Corner Lot
- 1 Car Direct Access Garage
About This Home
As of May 2022This location and property are perfect for a starter home, young professional, empty nester or just not ready for that 55 and older community this is the ideal home for you! Great opportunity to own this cozy ranch in the heart of the Village Community of Middletown. This ranch is surrounded by higher priced homes, enter an open floor plan with lots of natural sunlight and a park like setting. Formal dining and living room with wood burning fireplace. Oak cabinetry in the eat in kitchen. Family room with 3 walls of windows and wood burning fireplace. One car garage. Close to all amenities including beaches, shopping, restaurants, GSP, NYC trains, ferries, and buses.
Last Agent to Sell the Property
Compass New Jersey LLC License #9798193 Listed on: 03/17/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,151
Year Built
- Built in 1953
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80 x 127
- Corner Lot
- Sloped Lot
Parking
- 1 Car Direct Access Garage
- Parking Available
- Garage Door Opener
Home Design
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,498 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Light Fixtures
- Wood Burning Fireplace
- Thermal Windows
- Blinds
- Bay Window
- Living Room
- Dining Room
- Sun or Florida Room
- Bay Views
- Storm Doors
Kitchen
- Eat-In Kitchen
- Dinette
- Gas Cooktop
- Stove
- Microwave
- Dishwasher
Flooring
- Wall to Wall Carpet
- Linoleum
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Cherry Tree Vlg Subdivision
Listing and Financial Details
- Assessor Parcel Number 32-00605-0000-00066
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2022
Closed on
May 5, 2022
Sold by
Hansen Elizabeth L
Bought by
Florio Maria C
Seller's Agent
Leonora Caminiti
Compass New Jersey LLC
Buyer's Agent
Rosanna Dunadee
Neuhaus Realty, Inc.
List Price
$450,000
Sold Price
$505,000
Premium/Discount to List
$55,000
12.22%
Total Days on Market
42
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
$123,195
Avg. Annual Appreciation
7.32%
Original Mortgage
$404,000
Outstanding Balance
$383,875
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$244,320
Purchase Details
Closed on
Sep 10, 2001
Sold by
Reilly James
Bought by
Hansen James and Hansen Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 1994
Sold by
Gottlieb Howard
Bought by
Rielly James and Rielly Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Florio Maria C | $505,000 | Stewart Title | |
| Hansen James | $220,000 | -- | |
| Hansen James | $220,000 | -- | |
| Rielly James | $161,710 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Florio Maria C | $404,000 | |
| Previous Owner | Hansen James | $170,000 | |
| Previous Owner | Rielly James | $154,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2022 05/05/22 | Sold | $505,000 | +12.2% | $337 / Sq Ft |
| 04/28/2022 04/28/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $450,000 | 0.0% | $300 / Sq Ft |
| 03/25/2022 03/25/22 | Pending | -- | -- | -- |
| 03/17/2022 03/17/22 | For Sale | $450,000 | -- | $300 / 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 | $8,659 | $532,300 | $348,200 | $184,100 |
| 2023 | $8,659 | $498,200 | $332,500 | $165,700 |
| 2022 | $6,334 | $380,900 | $246,100 | $134,800 |
| 2021 | $6,334 | $343,800 | $223,900 | $119,900 |
| 2020 | $7,094 | $331,800 | $214,600 | $117,200 |
| 2019 | $7,177 | $339,800 | $214,600 | $125,200 |
| 2018 | $7,699 | $355,300 | $231,800 | $123,500 |
| 2017 | $6,529 | $307,400 | $187,700 | $119,700 |
| 2016 | $6,438 | $302,100 | $187,700 | $114,400 |
| 2015 | $6,203 | $302,100 | $187,700 | $114,400 |
| 2014 | $5,927 | $282,200 | $177,700 | $104,500 |
Source: Public Records
Agents Affiliated with this Home
-
Leonora Caminiti
Seller's Agent in 2022
Leonora Caminiti
Compass New Jersey LLC
(732) 245-0479
52 in this area
115 Total Sales
-
Rosanna Dunadee
R
Buyer's Agent in 2022
Rosanna Dunadee
Neuhaus Realty, Inc.
(646) 208-1966
3 in this area
60 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22207176
APN: 32-00605-0000-00066
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