NOT LISTED FOR SALE

2 Melrose Terrace Middletown, NJ 07748

New Monmouth Neighborhood

Estimated Value: $499,000 - $751,000

2 Beds
1 Bath
960 Sq Ft
$607/Sq Ft Est. Value

Last Sold September 28, 2015

Last sale price $261,500 $272 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,619/month

15 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • Workshop
  • Deck
  • Corner Lot
  • 4-minute walk to Tindall Park

About This Home

As of September 2015

Lovely and cheerful ranch situated on a bright, large corner lot! Adorable kitchen with stainless steel appliances and recessed lighting. Two or three bedrooms, one is currently being used as a dining room.Large driveway, with 2 vehicle carport.Central air conditioning, sprinkler system, deck and shed for storage. Located in the heart of Middletown, near schools, parks, highways and public transportation.Move in condition!!

Last Agent to Sell the Property

Joyce Fernandes

Gloria Nilson & Co. Real Estate Listed on: 08/05/2015

Last Buyer's Agent

Maureen Yetman

Gloria Nilson & Co. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,052

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 123 x 116
  • Corner Lot
  • Sprinkler System

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • Greenhouse Windows
  • Bay Window
  • Window Screens
  • Living Room
  • Dining Room
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Parking

  • Carport
  • No Garage
  • Driveway
  • Paved Parking

Accessible Home Design

  • Handicap Accessible
  • Handicap Modified
  • Chairlift

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Schools

  • New Monmouth Elementary School
  • Thorne Middle School
  • Middle North High School

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Television sets are excluded.
  • Assessor Parcel Number 32-00632-0000-00089

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,052

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Timer Thermostat, Blinds/Shades, Dryer, Light Fixtures, Microwave, Stove, Stove Hood, Refrigerator, Screens, Attic Fan, Gas Cooking, Humidifier
  • Subdivision Name: None
  • Reso Accessibility Features: Chair Lift
  • Architectural Style: Ranch
  • Reso Flooring: Cement
  • Reso Interior Features: Attic - Other, Attic - Pull Down Stairs, Bay/Bow Window, Handicap Eqp, Recessed Lighting
  • New Construction: No
  • Year Built: 1955
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 123 x 116
  • General Property Info Farm: No
  • Location Middle School: Thorne
  • Lot Description Corner Lot: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Exterior Sprinkler Under: Yes
  • Garage None4: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Interior BayBow Window: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Basement Workshop Workbench: Yes
  • Kitchen Eat-In: Yes
  • Living Room BayBow Window2: Yes
  • Included Attic Fan: Yes
  • Exterior Greenhouse Window: Yes
  • Interior Handicap Eqp: Yes
  • Special Needs Chair Lift: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished, Workshop/ Workbench
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 7
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Appliances Included:Humidifier: Yes
  • Other Rooms:Basement3: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Television sets are excluded.
  • Exterior Features: Deck, Greenhouse Window, Shed, Sprinkler Under
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Asphalt, Carport, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Thorne

Lot Info

  • Lot Dimensions: 123 x 116
  • Parcel #: 32-00632-0000-00089
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5052.0

MLS Schools

  • Elementary School: New Monmouth
  • High School: Middle North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
Pier Village Iii Urban Renewal Co Llc
Bought by
Pier Village Iii Retail Urban Renewal Co
Current Estimated Value
$582,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$448,215
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$109,119

Purchase Details

Listed on
Aug 5, 2015
Closed on
Sep 23, 2015
Sold by
Diak George R
Bought by
Glenn Catherine Tierney
Seller's Agent
Joyce Fernandes
Gloria Nilson & Co. Real Estate
Buyer's Agent
Maureen Yetman
Gloria Nilson & Co. Real Estate
Sold Price
$261,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Jan 14, 2010
Sold by
Diak Elise J
Bought by
Diak Elise J and Diak George R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pier Village Iii Retail Urban Renewal Co $1,000,000 Royal Abstract Of Ny Llc
Pier Village Iii Retail Urban Renewal Company $1,000,000 New Title Company Name
Glenn Catherine Tierney $261,500 Angel Title & Abstract Inc
Diak Elise J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pier Village Iii Retail Urban Renewal Company $500,000
Closed Pier Village Iii Retail Urban Renewal Company $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2015 09/28/15 Sold $261,500 -- $272 / 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
2025 $6,381 $428,800 $345,100 $83,700
2024 $5,748 $387,900 $305,700 $82,200
2023 $5,748 $330,700 $250,400 $80,300
2022 $5,699 $303,800 $224,200 $79,600
2021 $5,699 $274,000 $197,300 $76,700
2020 $5,636 $263,600 $197,000 $66,600
2019 $5,559 $263,200 $197,000 $66,200
2018 $5,734 $264,600 $201,500 $63,100
2017 $5,758 $271,100 $197,000 $74,100
2016 $5,739 $269,300 $197,000 $72,300
2015 $5,504 $269,400 $197,000 $72,400
2014 $5,052 $242,200 $170,000 $72,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Joyce Fernandes

    BHHS Fox & Roach

  • M

    Buyer's Agent in 2015

    Maureen Yetman

    BHHS Fox & Roach

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21530509

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00632-0000-00089

New Jersey Monmouth County Middletown 07748 New Monmouth

2 Melrose Terrace, Middletown, NJ

This home is located at 2 Melrose Terrace, Middletown, NJ 07748 since 05 August 2015 and is currently estimated at $582,303, approximately $606 per square foot. This property was built in 1955. 2 Melrose Terrace is a home located in Monmouth County with nearby schools including New Monmouth Elementary School, Thorne Middle School, and Middletown High School North.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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