NOT LISTED FOR SALE

28 Cottrell Rd Matawan, NJ 07747

Estimated Value: $415,000 - $500,000

3 Beds
1 Bath
1,188 Sq Ft
$400/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $295,000 $248 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,341/month

84 Days on Market

Highlights

  • 0.99 Acre Lot
  • Wood Flooring
  • No HOA
  • Old Bridge High School Rated A-
  • Workshop
  • 2 Car Direct Access Garage

About This Home

As of July 2020

Value is in the land. Turn back time when living was much simpler. Cozy family home with great potential.200 amp service 2019, New electric HW Heater 2018, Newer frig & washer., Hard Wood flooring thru out,cinder block foundation/walls to the roof line, oil tank above ground, full stand up basement, walk up attic, Breezeway, DE garage. So much potential and the property to expand on. Perfect home for 203K program.

Last Agent to Sell the Property

MaryAnn Peragallo

Berkshire Hathaway HomeServices Fox & Roach - Red Bank License #8542997 Listed on: 05/13/2020

Co-Listed By

Lisa Montanaro

Berkshire Hathaway HomeServices Fox & Roach - Red Bank License #8437158

Berkshire Hathaway HomeServices Fox & Roach - Red Bank

Last Buyer's Agent

Lisa Montanaro

Berkshire Hathaway HomeServices Fox & Roach - Red Bank License #8437158

Berkshire Hathaway HomeServices Fox & Roach - Red Bank

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,361

Year Built

  • Built in 1953

Lot Details

  • 0.99 Acre Lot
  • Landscaped with Trees

Parking

  • 2 Car Direct Access Garage
  • Double-Wide Driveway

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Walkup Attic
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Outdoor Features

  • Shed
  • Porch

Schools

  • Old Bridge High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil Above Ground
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Owners personal property
  • Assessor Parcel Number 1510253000000024

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,361

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Treed Lots
  • Co List Office Mls Id: 3914
  • Co List Office Phone: 732-264-3456
  • Inclusions: Stove
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Wood
  • Reso Interior Features: Attic - Walk Up
  • Year Built: 1953
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.99
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Treed Lots: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Exterior Shed: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Exterior Storm Door(s): Yes
  • Style Ranch: Yes
  • Basement Workshop Workbench: Yes
  • Heating Oil Above Ground: Yes
  • Kitchen Eat-In: Yes
  • Interior Attic - Walk Up: Yes
  • SidingStucco: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished, Workshop/ Workbench
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 1
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.99
  • Topography: Level
  • Waterfront: No
  • Exclusions: Owners personal property
  • Exterior Features: Porch - Open, Shed, Storm Door(s)

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Double Wide Drive, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Oil Above Ground, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 43124.4
  • Parcel #: 1510253000000024
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7361.0

MLS Schools

  • High School: Old Bridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Jul 30, 2020
Sold by
Cressman Lawrence E and Cressman Mildred D
Bought by
Torres Paola
Seller's Agent
MaryAnn Peragallo
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
Buyer's Agent
Lisa Montanaro
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
List Price
$325,900
Sold Price
$295,000
Premium/Discount to List
-$30,900
-9.48%
Total Days on Market
84
Current Estimated Value
$474,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,824
Avg. Annual Appreciation
10.29%
Original Mortgage
$299,475
Outstanding Balance
$268,625
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$206,199

Purchase Details

Closed on
Feb 11, 2020
Sold by
Cressman Neil L and Glynn F L
Bought by
Cressman Lawrence E and Cressman Mildred D

Purchase Details

Closed on
Oct 26, 2017
Sold by
Cressman Lawrence E and Cressman Mildred D
Bought by
Cressman Neil L and Glynn Lynn F

Purchase Details

Closed on
Oct 20, 1952
Bought by
Cressman Laurence and Cressman Mildred
Source: Public Records

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Range of Values:

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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
Torres Paola $305,000 Foundation Title Llc
Cressman Lawrence E -- None Available
Cressman Neil L -- None Available
Cressman Laurence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logreira Paola Torres $70,000
Open Torres Paola $299,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $295,000 -9.5% $248 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/12/2020 05/12/20 Price Changed $325,900 0.0% $274 / Sq Ft
05/12/2020 05/12/20 For Sale $325,900 +10.5% $274 / Sq Ft
04/27/2020 04/27/20 Off Market $295,000 -- --
03/10/2020 03/10/20 For Sale $318,000 -- $268 / 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
2024 $8,228 $149,000 $71,800 $77,200
2023 $8,228 $149,000 $71,800 $77,200
2022 $7,695 $143,800 $71,800 $72,000
2021 $5,591 $143,800 $71,800 $72,000
2020 $7,226 $143,800 $71,800 $72,000
2019 $7,361 $143,800 $71,800 $72,000
2018 $7,022 $143,800 $71,800 $72,000
2017 $6,799 $143,800 $71,800 $72,000
2016 $7,237 $150,700 $71,800 $78,900
2015 $6,865 $150,700 $71,800 $78,900
2014 $6,791 $150,700 $71,800 $78,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22009583

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 15-10253-0000-00024