NOT LISTED FOR SALE

2407 Farmall Ln Monroe, NJ 08831

Estimated Value: $688,000

3 Beds
2.5 Baths
2,214 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $392,500 $177 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,826/month

92 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Wood Flooring
  • Oak Tree Elementary School Rated A
  • Deck
  • Granite Countertops

About This Home

As of February 2018

Welcome to DR Horton's luxury town home community, Gateway at Monroe! Featuring 3 levels of living, 3 Bedrooms makes for the ultimate floor plan. Designer finishes include Hardwood Floors, Granite Gourmet Kitchen Appliances, Maple Cognac Cabinets, Center Island, Media Room. Concrete Patio on ground level and Deck off Kitchen. Top rated schools. Nearby bus & shopping. Disclaimer: Kitchen renderings are for color reference only. Kitchen layout or appliances may vary.

Last Agent to Sell the Property

Drew Robustelli

RE/MAX Homeland Realtors License #1005062 Listed on: 11/08/2017

RE/MAX Homeland Realtors

Last Buyer's Agent

NON MEMBER

VRI Homes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,025

Lot Details

  • 871

HOA Fees

  • $187 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • New Construction
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,214 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Theater
  • Utility Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Portable Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Oak Tree Elementary School
  • Monroe Twp Middle School
  • Monroe Twp High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12-00004-0100-0101

Community Details

Overview

  • Association fees include trash, snow removal
  • Gateway@Monroe Subdivision, The Nash Floorplan

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,025

Lot Details

0

HOA Fees

$187 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: The Nash
  • Reso Association Fee Includes: Trash, Snow Removal
  • Inclusions: Counter Top Range, Dishwasher, Double Oven, Microwave, Garage Door Opener, Gas Cooking
  • Subdivision Name: Gateway@Monroe
  • Architectural Style: Townhouse
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Balcony, Sliding Door, Recessed Lighting
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Location Middle School: Monroe Twp
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Style Townhouse: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Included Double Oven: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Counter Top Range: Yes
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 13
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Media Room: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck, Patio
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: 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

  • Senior Community: No
  • Association Fee: 187.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Monroe Twp

Lot Info

  • Parcel #: 12-00004-0100-0101
  • Zoning Description: Residential

MLS Schools

  • Elementary School: Oak Tree
  • High School: Monroe Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2017
Closed on
Feb 22, 2018
Sold by
D R Horton Inc
Bought by
Varanasi Rameshwar S and Varanasi Padamavathi V
Seller's Agent
Drew Robustelli
RE/MAX Homeland Realtors
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$392,500
Current Estimated Value
$688,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,500
Avg. Annual Appreciation
8.18%
Original Mortgage
$294,375
Interest Rate
4.22%
Mortgage Type
New Conventional
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
Varanasi Rameshwar S $392,500 Title America Agency Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varanasi Rameshwar S $290,000
Closed Varansi Rameshwar S $290,000
Closed Varanasi Rameshwar S $294,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2018 02/22/18 Sold $392,500 -- $177 / 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 $11,025 $392,200 $230,000 $162,200
2024 $10,640 $392,200 $230,000 $162,200
2023 $10,640 $392,200 $230,000 $162,200
2022 $10,460 $392,200 $230,000 $162,200
2021 $7,805 $392,200 $230,000 $162,200
2020 $10,425 $392,200 $230,000 $162,200
2019 $10,093 $388,500 $230,000 $158,500
2018 $10,016 $388,500 $230,000 $158,500
2017 $1,269 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21742668

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-00004-1-00010-1-C2407