NOT LISTED FOR SALE

261 Grassmere Ct Matawan, NJ 07747

Estimated Value: $393,111 - $410,000

2 Beds
2 Baths
965 Sq Ft
871 Sq Ft Lot

Last Sold April 21, 2015

Last sale price $210,000 $218 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,684/month

Highlights

  • Basketball Court
  • Outdoor Pool
  • Clubhouse
  • Matawan Reg High School Rated A-
  • New Kitchen
  • Tennis Courts

About This Home

As of July 2020

Beautiful Two Bedroom Two Bathroom Condo in Wyndham.... With a Basement!A rare find. Renovated within the last couple of years.

Last Agent to Rent the Property

John Palmeri

Weichert Realtors-Holmdel License #1971926 Listed on: 07/01/2020

Weichert Realtors-Holmdel

Last Renter's Agent

John Palmeri

Weichert Realtors-Holmdel License #1971926 Listed on: 07/01/2020

Weichert Realtors-Holmdel

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,602

Year Built

  • Built in 1983

Lot Details

  • 871

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • New Kitchen
  • Built-In Oven
  • Stove
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Basketball Court
  • Balcony

Location

  • Lower Level

Utilities

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

Listing and Financial Details

  • Security Deposit $3,000
  • Property Available on 8/15/20
  • Assessor Parcel Number 01-00114-01-00261

Community Details

Overview

  • Property has a Home Owners Association
  • Wyndham Place Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Jogging Path

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,602

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2020-08-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common
  • Reso Association Amenities: Basketball Court, Clubhouse, Jogging Path
  • Inclusions: Wall Oven, Washer, Stove, Microwave, Refrigerator, Dryer
  • Subdivision Name: Wyndham Place
  • Architectural Style: Lower Level
  • Reso Interior Features: Balcony, Sliding Door, Recessed Lighting
  • Year Built: 1983
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Pool Common2: Yes
  • General Property Info Acreage: 0.02
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Contract Info Available Date: 2020-08-15
  • Maintenance Fees Security Deposit3: 3000.0
  • Lease Requirements Security Deposit4: Yes
  • Common Elements Tennis Court: Yes
  • Common Elements Jogging Path: Yes
  • Common Elements Basketball Court: Yes
  • Common Elements Swimming Pool: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: Full Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Wall Oven: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bedroom Floor - WW Carpet8: Yes

Exterior Features

  • Acres: 0.02
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Assigned
  • General Property Info:Garage: No
  • Parking:Assigned2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 01-00114-01-00261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2014
Closed on
Apr 21, 2015
Sold by
Larocca Joseph La
Bought by
Palmeri Salvatore
Seller's Agent
Ana Thomas
Weichert Realtors-Middletown
Buyer's Agent
Shawn Seigel
VRI Homes
Sold Price
$210,000
Current Estimated Value
$402,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,528
Avg. Annual Appreciation
6.40%
Original Mortgage
$140,000
Outstanding Balance
$107,853
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$294,675

Purchase Details

Closed on
May 1, 2006
Sold by
Larocca Jean L
Bought by
Larocca Joseph
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
Palmeri Salvatore $210,000 Attorney
Larocca Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmeri Salvatore $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2020 07/25/20 Rented $2,000 0.0% --
07/01/2020 07/01/20 For Rent $2,000 -91.7% --
05/03/2019 05/03/19 Rented $24,000 0.0% --
04/21/2015 04/21/15 Sold $210,000 0.0% $218 / Sq Ft View Prior Sale
06/15/2012 06/15/12 Rented $21,000 -- --
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 $6,602 $379,300 $222,600 $156,700
2024 $6,417 $343,500 $189,700 $153,800
2023 $6,417 $315,500 $165,300 $150,200
2022 $6,512 $274,600 $131,600 $143,000
2021 $6,512 $253,200 $126,000 $127,200
2020 $6,333 $245,100 $120,800 $124,300
2019 $6,349 $238,500 $103,800 $134,700
2018 $6,088 $229,400 $101,000 $128,400
2017 $5,868 $224,500 $100,000 $124,500
2016 $6,093 $231,400 $110,000 $121,400
2015 $5,781 $221,500 $95,000 $126,500
2014 $5,904 $230,700 $105,000 $125,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22021660

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00114-01-00261