NOT LISTED FOR SALE

2 Penelope Ln Middletown, NJ 07748

New Monmouth Neighborhood

Estimated Value: $698,000 - $1,749,000

7 Beds
5.5 Baths
6,196 Sq Ft
$176/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $325,000 $52 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $6,870/month

182 Days on Market

Highlights

  • In Ground Pool
  • Custom Home
  • Deck
  • Middletown Village Elementary School Rated A-
  • 1.23 Acre Lot
  • No HOA

About This Home

As of January 2020

Very large Home - great for multi-generational living with 2 separate entrances. Private lot with over 1 acre of land. This property has great potential. This is a Fannie Mae property.

Last Agent to Sell the Property

DAWN CUNDARI

Redfin Corporation License #1430694 Listed on: 05/02/2019

Redfin Corporation

Last Buyer's Agent

Carol O'Hare

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,011

Year Built

  • Built in 1961

Lot Details

  • 1.23 Acre Lot
  • Lot Dimensions are 160 x 285

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 6,196 Sq Ft Home
  • 1-Story Property
  • Dining Room with Fireplace
  • Partial Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32-00811-0000-00034

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,011

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: In Ground
  • Subdivision Name: None
  • Architectural Style: Custom, Detached, Mother/Daughter, Colonial
  • New Construction: No
  • Year Built: 1961
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 1.23
  • General Property Info Lot Dimensions: 160 x 285
  • General Property Info Farm: No
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • ExteriorDeck: Yes
  • Dining Room Fireplace - Other6: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Stories: 1
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.23
  • Waterfront: No
  • Exterior Features: Deck
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Lot Info

  • Lot Dimensions: 160 x 285
  • Lot Size Sq Ft: 53578.8
  • Parcel #: 32-00811-0000-00034

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 17011.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
Soliman Hamdy
Bought by
Soloman Anthony Attia
Current Estimated Value
$1,091,994

Purchase Details

Listed on
May 2, 2019
Closed on
Jan 23, 2020
Sold by
Fannie Mae
Bought by
Soliman Hamdy
Seller's Agent
DAWN CUNDARI
Redfin Corporation
Buyer's Agent
Carol O'Hare
VRI Homes
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.95%
Original Mortgage
$407,980
Outstanding Balance
$362,126
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$645,067

Purchase Details

Closed on
Sep 25, 2012
Sold by
Bartolotti Carl R and Wells Fargo Bank N A
Bought by
Federal National Mortgage Association
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
Soloman Anthony Attia -- Fidelity National Ttl Ins Co
Soliman Hamdy $325,000 Interstate 1St Ttl Agcy Llc
Federal National Mortgage Association $325,714 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soliman Hamdy $407,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $325,000 -- $52 / 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 $12,974 $798,400 $271,300 $527,100
2024 $13,315 $788,700 $271,300 $517,400
2023 $13,315 $766,100 $260,800 $505,300
2022 $14,325 $741,900 $260,800 $481,100
2021 $14,325 $688,700 $260,800 $427,900
2020 $14,519 $679,100 $260,800 $418,300
2019 $14,290 $676,600 $260,800 $415,800
2018 $17,011 $785,000 $260,800 $524,200
2017 $17,349 $816,800 $260,800 $556,000
2016 $17,108 $802,800 $260,800 $542,000
2015 $17,088 $800,000 $260,800 $539,200
2014 $16,496 $753,600 $260,800 $492,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    DAWN CUNDARI

    Redfin Corporation

    Section Image

  • C

    Buyer's Agent in 2020

    Carol O'Hare

    RE/MAX

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21918215

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00811-0000-00034

New Jersey Monmouth County Middletown 07748 New Monmouth

2 Penelope Ln, Middletown, NJ

This home is located at 2 Penelope Ln, Middletown, NJ 07748 since 02 May 2019 and is currently estimated at $1,091,994, approximately $176 per square foot. This property was built in 1961. 2 Penelope Ln is a home located in Monmouth County with nearby schools including Middletown Village Elementary School, Thompson 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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