NOT LISTED FOR SALE

28 Friendship Ct Unit B Red Bank, NJ 07701

New Monmouth Neighborhood

Estimated Value: $551,000 - $590,000

2 Beds
2 Baths
997 Sq Ft
$487/mo HOA Fee

Last Sold October 19, 2023

Last sale price $525,000 $527 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,148/month

3 Days on Market

Highlights

  • Golf Course Community
  • Senior Community
  • Clubhouse
  • Outdoor Pool
  • New Kitchen
  • Engineered Wood Flooring

About This Home

As of October 2023

Welcome to 28 Friendship Ct! Nestled in the coveted Shadow Lake Village, this Villa 600 model is a true gem! Immerse yourself in a vibrant 55+ community, offering Golf, Swimming, Tennis, and Shuffleboard for the active lifestyle you've been dreaming of! Step inside to discover a beautifully updated kitchen. This 2 bed, 2 bath layout provides ample space, while the sun porch beckons you to unwind in tranquility. Situated near the glistening lake, this home offers a view that's sure to captivate. Don't miss your chance to experience the best of retirement living.

Last Agent to Sell the Property

Monica Reddin

C21 Thomson & Co. License #1329722 Listed on: 09/21/2023

Last Buyer's Agent

Angela Alessi

Weichert Realtors-Rumson

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 1978

Lot Details

  • Landscaped

HOA Fees

  • $487 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Dryer

Kitchen

  • New Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32-01011-0000-00447

Community Details

Overview

  • Senior Community
  • Front Yard Maintenance
  • Association fees include trash, common area, golf course, lawn maintenance, mgmt fees, pool, snow removal
  • Shadow Lake Vil Subdivision, Villa 600 Floorplan

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Shuffleboard Court
  • Community Pool
  • Jogging Path
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,500

Year Built

Built in 1978

Lot Details

0

HOA Fees

$487 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Model: Villa 600
  • ResoPoolFeatures: Common
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Controlled Access, Association, Shuffleboard, Pool, Golf Course, Clubhouse, Common Area, Jogging Path, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Golf Course, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
  • Inclusions: Dishwasher, Dryer, Electric Cooking, Microwave, Refrigerator
  • Subdivision Name: Shadow Lake Vil
  • Architectural Style: Ranch
  • Reso Flooring: Ceramic Tile, Engineered
  • Reso Interior Features: Dec Molding, Sliding Door, Recessed Lighting
  • Property Attached Yn: Yes
  • Year Built: 1978
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • Foyer Floor - Engineered5: Yes
  • Living Room Floor - Engineered: Yes
  • Dining Room Floor - Engineered2: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Kitchen Floor - Engineered3: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.03
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Electric Cooking: Yes
  • Common Elements Clubhouse: Yes
  • Common Elements Landscaping: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Style Ranch: Yes
  • Living Room Dec Molding3: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Shuffleboard: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Common Elements Golf Course: Yes
  • Common Elements Jogging Path: Yes
  • Fee Includes Golf Course3: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Waterfront: No
  • Exclusions: Personal property
  • Exterior Features: Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 487.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 32-01011-0000-00447
  • Zoning Description: Planned Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Nov 16, 2023
Sold by
Meline Ka Rakashia N Irrevocable Trust
Bought by
Rita Cerchio Revocable Trust and Cerchio
Seller's Agent
Monica Reddin
C21 Thomson & Co.
Buyer's Agent
Angela Alessi
Weichert Realtors-Rumson
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Views
62
Current Estimated Value
$574,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,976
Avg. Annual Appreciation
5.72%

Purchase Details

Listed on
Sep 4, 2020
Closed on
Dec 14, 2020
Sold by
Cove Properties Llc
Bought by
Meline Karakashian Irrevocable Trust
Seller's Agent
Frederic Bradley
Coldwell Banker Realty
Buyer's Agent
Jane Heller
Berkshire Hathaway HomeServices Fox & Roach - Rumson
List Price
$389,900
Sold Price
$390,200
Premium/Discount to List
$300
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Aug 23, 2011
Sold by
Stine Gail Tracy
Bought by
Cove Properties Limited Liability Co
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
Rita Cerchio Revocable Trust $525,000 Two Rivers Title
Rita Cerchio Revocable Trust $525,000 Two Rivers Title
Meline Karakashian Irrevocable Trust $390,200 Innovation Title Inc
Meline Karakashian Irrevocable Trust $390,200 Fidelity National Title
Cove Properties Limited Liability Co $145,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $525,000 +5.2% $527 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $499,000 +27.9% $501 / Sq Ft
12/15/2020 12/15/20 Sold $390,200 +2.7% $381 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
09/24/2020 09/24/20 Price Changed $379,900 -2.6% $371 / Sq Ft
09/04/2020 09/04/20 For Sale $389,900 -- $380 / 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 $7,496 $569,300 $345,000 $224,300
2024 $7,517 $455,700 $235,000 $220,700
2023 $7,517 $432,500 $210,000 $222,500
2022 $7,195 $398,300 $185,000 $213,300
2021 $7,195 $345,900 $170,000 $175,900
2020 $6,769 $316,600 $160,000 $156,600
2019 $6,746 $319,400 $160,000 $159,400
2018 $6,859 $316,500 $160,000 $156,500
2017 $6,217 $292,700 $140,000 $152,700
2016 $5,489 $257,600 $120,000 $137,600
2015 $3,900 $182,600 $50,000 $132,600
2014 $3,971 $181,400 $50,000 $131,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22326451

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01011-0000-00447