NOT LISTED FOR SALE

221 Lorillard Ave Union Beach, NJ 07735

Estimated Value: $569,508 - $685,000

3 Beds
2.5 Baths
1,573 Sq Ft
$397/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $387,500 $246 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,164/month

38 Days on Market

Highlights

  • Custom Home
  • No HOA
  • Tankless Water Heater
  • Deck
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Newly Renovated & raised home in Union Beach. Still under renovations and there is still time to customize based on builder's options.

Last Agent to Sell the Property

Kristina Scherzer

Weichert Realtors-Holmdel License #1642957 Listed on: 02/10/2020

Weichert Realtors-Holmdel

Last Buyer's Agent

April Rose Ramirez

EXP Realty License #1860270

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,975

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 75 x 100
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Memorial Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • 2-Story Property
  • Deck
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50-00078-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,975

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Custom
  • Year Built: 1928
  • General Property Info Waterview: 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: 75 x 100
  • Location Middle School: Memorial
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • ExteriorDeck: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck, Fence
  • Foundation Details: Slab

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: 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: Memorial

Lot Info

  • Lot Dimensions: 75 x 100
  • Parcel #: 50-00078-0000-00008

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5975.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Aug 3, 2020
Sold by
New Future Properties Llc
Bought by
Galgano Michael and Galgano Marco Megan
Seller's Agent
Kristina Scherzer
Weichert Realtors-Holmdel
Buyer's Agent
April Rose Ramirez
EXP Realty
List Price
$395,000
Sold Price
$387,500
Premium/Discount to List
-$7,500
-1.9%
Current Estimated Value
$624,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,627
Avg. Annual Appreciation
9.43%
Original Mortgage
$310,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2018
Closed on
Mar 28, 2019
Sold by
Fannie Mae
Bought by
New Future Properties Llc
Seller's Agent
Jane Eid
RE/MAX First Realty
Buyer's Agent
Kristina Scherzer
Weichert Realtors-Holmdel
Sold Price
$117,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
141.43%
Original Mortgage
$219,709
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 16, 2018
Sold by
Monmouth County Sheriff
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Mar 22, 2002
Sold by
Fitzsimmons John
Bought by
Easterday Joseph and Easterday Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,800
Interest Rate
6.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Galgano Michael $387,500 Equity Settlement Svcs Inc
Galgano Michael $387,500 Erhardt-Wojie Kelly A
New Future Properties Llc $117,900 Amboy Title Agency
Ditech Financial Llc $1,000 None Available
Easterday Joseph $173,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galgano Michael $310,000
Previous Owner New Future Properties Llc $219,709
Previous Owner Easterday Joseph $147,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $387,500 -1.9% $246 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $395,000 +235.0% $251 / Sq Ft
04/01/2019 04/01/19 Sold $117,900 -- $75 / Sq Ft View Prior Sale
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 $10,535 $563,700 $202,000 $361,700
2024 $10,251 $510,900 $166,800 $344,100
2023 $10,251 $479,000 $145,100 $333,900
2022 $9,241 $419,100 $116,000 $303,100
2021 $9,241 $376,400 $105,500 $270,900
2020 $6,220 $247,200 $102,400 $144,800
2019 $6,076 $235,600 $97,500 $138,100
2018 $5,975 $222,700 $88,800 $133,900
2017 $5,786 $207,300 $75,000 $132,300
2016 $5,865 $210,300 $80,500 $129,800
2015 $5,790 $211,400 $87,500 $123,900
2014 $5,478 $164,900 $80,600 $84,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22005509

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 50-00078-0000-00008