NOT LISTED FOR SALE

23 Melrose Terrace Middletown, NJ 07748

New Monmouth Neighborhood

Estimated Value: $559,000 - $720,000

2 Beds
1 Bath
960 Sq Ft
$628/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $500,000 $521 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,835/month

7 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Forced Air Heating and Cooling System
  • No HOA
  • Outdoor Storage
  • Dining Room

About This Home

As of May 2024

Welcome to this charming Ranch-style home nestled in the heart of Middletown NJ. Upon entering, you'll be greeted by the warmth of hardwood floors that stretch throughout the entirety of the home while the open floor plan effortlessly connects the spacious living and dining areas. The kitchen features a central island and sliding doors which leads to the expansive backyard, allowing for easy access to outdoor gatherings and enjoying the beautiful surroundings.With two bedrooms and a bathroom, this home offers comfortable accommodations for residents and guests alike. Additionally, the full basement provides extra living space, ideal for a home office, gym, or recreational area, adding versatility to the home's layout. Outside, the generous backyard provides ample room for relaxation and play, with a convenient storage shed offering practical solutions for outdoor storage needs. A 2-car width driveway ensures plenty of parking space. Schedule a tour today and discover the endless possibilities awaiting you in this welcoming community!

Last Agent to Sell the Property

Dennis Freshnock

RE/MAX First Class License #1007236 Listed on: 03/22/2024

RE/MAX First Class

Last Buyer's Agent

Dennis Freshnock

RE/MAX First Class License #1007236 Listed on: 03/22/2024

RE/MAX First Class

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,457

Year Built

  • Built in 1954

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75 x 200

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32-00636-0000-00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,457

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Vinyl, Wood
  • Year Built: 1954
  • 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 Acreage: 0.34
  • General Property Info Lot Dimensions: 75 x 200
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Style Ranch: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.34
  • Waterfront: No
  • Exterior Features: Storage
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75 x 200
  • Lot Size Sq Ft: 14810.4
  • Parcel #: 32-00636-0000-00026
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6457.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 10, 2024
Sold by
Holinda Mary Ann and Hader Mary Ann
Bought by
Bussey Doreen and Bussey Harry
Seller's Agent
Dennis Freshnock
RE/MAX First Class
Buyer's Agent
Dennis Freshnock
RE/MAX First Class
List Price
$425,000
Sold Price
$500,000
Premium/Discount to List
$75,000
17.65%
Views
74
Current Estimated Value
$602,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,919
Avg. Annual Appreciation
14.30%

Purchase Details

Closed on
Apr 13, 1999
Sold by
Emc Mortgage Corp
Bought by
Holinda Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.95%
Source: Public Records

Range of Values:

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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
Bussey Doreen $500,000 First Team Title
Bussey Doreen $500,000 First Team Title
Holinda Christopher $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holinda Christopher $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $500,000 +17.6% $521 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $425,000 -- $443 / 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 $7,657 $506,900 $355,300 $151,600
2024 $6,457 $465,500 $316,700 $148,800
2023 $6,457 $371,500 $259,100 $112,400
2022 $5,975 $338,900 $231,900 $107,000
2021 $5,975 $299,300 $204,100 $95,200
2020 $6,388 $298,800 $198,800 $100,000
2019 $6,298 $298,200 $198,800 $99,400
2018 $6,471 $298,600 $203,800 $94,800
2017 $6,151 $289,600 $198,800 $90,800
2016 $6,122 $287,300 $198,800 $88,500
2015 $6,137 $287,300 $198,800 $88,500
2014 $5,216 $249,700 $168,800 $80,900
Source: Public Records

Agents Affiliated with this Home

  • Dennis Freshnock

    Seller's Agent in 2024

    Dennis Freshnock

    RE/MAX

    (908) 601-6692

    53 in this area

    100 Total Sales

    Dennis Freshnock
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22407901

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00636-0000-00026

New Jersey Monmouth County Middletown 07748 New Monmouth

23 Melrose Terrace, Middletown, NJ

This home is located at 23 Melrose Terrace, Middletown, NJ 07748 since 22 March 2024 and is currently estimated at $602,919, approximately $628 per square foot. This property was built in 1954. 23 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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