NOT LISTED FOR SALE

2603 Farmall Ln Monroe, NJ 08831

Estimated Value: $755,000

3 Beds
4 Baths
-- Sq Ft
$187/mo HOA Fee

Last Sold October 02, 2017

Last sale price $451,500

Est. 67% increase in value since last sale

Current estimated payment $5,209/month

266 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • Granite Countertops
  • Oak Tree Elementary School Rated A
  • Wood Flooring
  • Den

About This Home

As of October 2017

Model Home Now Open! Welcome to DR Horton's luxury town home community, Gateway at Monroe! Featuring 3 levels of living, with 3 Bedrooms, 2.5 and up to 3.5 Bathrooms, and a 1 Car Garage making for the ultimate floor plan. Designer finishes include hardwood floors, center island kitchen design with 42” maple cabinetry, granite counter tops, tile backsplash & stainless steel appliances. Upgrades available include optional gourmet kitchen layout, upgraded master suite bathroom, patio and deck. Top rated schools, nearby bus stop and shopping make this a great community and an amazing place to call home!

Last Agent to Sell the Property

Matthew Merritt

Gloria Nilson & Co Real Estate Listed on: 12/09/2016

Last Buyer's Agent

Eric Payne

Weichert Realtors-Princeton License #7802605

Weichert Realtors-Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,997

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 871

HOA Fees

  • $187 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Stove
  • 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
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Deck
  • Patio

Schools

  • Oak Tree Elementary School
  • Applegarth 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 1111

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, lawn maintenance, snow removal

Recreation

  • Snow Removal

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,997

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$187 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Professional Management
  • Reso Association Fee Includes: Trash, Lawn Maintenance, Snow Removal
  • Inclusions: Dishwasher, Microwave, Stove, Garage Door Opener
  • Subdivision Name: None
  • Architectural Style: Townhouse
  • Reso Flooring: Tile, W/W Carpet, Wood
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Dec Molding, Den
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Year Built: 2017
  • 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
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • Location Middle School: Applegarth
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior Den: Yes
  • Style Townhouse: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Floors Tile: Yes
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level Third43: Yes
  • Primary Bath Walk-in Closet2: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Deck, Patio, Other
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Direct Access
  • 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
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Applegarth

Lot Info

  • Parcel #: 1111
  • 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
Dec 9, 2016
Closed on
Sep 25, 2017
Sold by
D R Horton Inc
Bought by
Raparthi Venu G and Raparthi Manhula
Seller's Agent
Matthew Merritt
Gloria Nilson & Co Real Estate
Buyer's Agent
Eric Payne
Weichert Realtors-Princeton
Sold Price
$451,500
Current Estimated Value
$755,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,500
Avg. Annual Appreciation
6.70%
Original Mortgage
$359,364
Interest Rate
3.82%
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
Raparthi Venu G $449,205 Title America Agency Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raparthi Venu G $337,000
Closed Raparthi Venu G $343,000
Closed Raparthi Venu G $359,364
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $451,500 -- --
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 $10,997 $391,200 $230,000 $161,200
2024 $10,613 $391,200 $230,000 $161,200
2023 $10,613 $391,200 $230,000 $161,200
2022 $10,433 $391,200 $230,000 $161,200
2021 $7,785 $391,200 $230,000 $161,200
2020 $10,398 $391,200 $230,000 $161,200
2019 $10,163 $391,200 $230,000 $161,200
2018 $10,085 $391,200 $230,000 $161,200
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: 21644570

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-00004-1-00010-1-C2603