NOT LISTED FOR SALE

2502 Farmall Ln Monroe, NJ 08831

Estimated Value: $711,000

3 Beds
2.5 Baths
2,214 Sq Ft
$321/Sq Ft Est. Value

Last Sold February 20, 2018

Last sale price $391,075 $177 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,960/month

75 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Balcony
  • Oak Tree Elementary School Rated A
  • Wood Flooring
  • 1 Car Attached Garage

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, 2.5 Bathrooms with Media room making for the ultimate floor plan. Designer finishes include Hardwood Floors, Granite Gourmet Kitchen Appliances, Maple Cognac Cabinets & Center Island. Nearby bus and shopping. Top Rated Schools. Concrete Patio on ground level and Deck off Kitchen. 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

Kristopher Kuziw

RE/MAX 1st. Advantage License #0566002

RE/MAX 1st. Advantage

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,867

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
  • Light Fixtures
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Theater
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

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

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric 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

$10,867

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: Dishwasher, Light Fixtures, Microwave, Garage Door Opener, Gas Cooking
  • Subdivision Name: Gateway@Monroe
  • Architectural Style: Townhouse
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Recessed Lighting
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Location Middle School: Monroe Twp
  • 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
  • Interior Recessed Lighting: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Style Townhouse: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 12
  • 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: Balcony
  • 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
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: 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

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 20, 2018
Sold by
D R Horton Inc New Jersey
Bought by
Patel Pinakin and Patel Pinkalben
Seller's Agent
Drew Robustelli
RE/MAX Homeland Realtors
Buyer's Agent
Kristopher Kuziw
RE/MAX 1st. Advantage
Sold Price
$391,075
Current Estimated Value
$711,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,925
Avg. Annual Appreciation
8.25%
Original Mortgage
$378,022
Interest Rate
4.12%
Mortgage Type
FHA
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
Patel Pinakin $391,075 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Pinakin $372,000
Closed Patel Pinakin $374,500
Closed Patel Pinakin $378,022
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2018 02/20/18 Sold $391,075 -- $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 $10,867 $386,600 $230,000 $156,600
2024 $10,488 $386,600 $230,000 $156,600
2023 $10,488 $386,600 $230,000 $156,600
2022 $10,311 $386,600 $230,000 $156,600
2021 $10,276 $386,600 $230,000 $156,600
2020 $10,276 $386,600 $230,000 $156,600
2019 $10,044 $386,600 $230,000 $156,600
2018 $1,289 $50,000 $50,000 $0
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: 21742669

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-00004-1-00010-1-C2502