NOT LISTED FOR SALE

283 Spring St Unit 2D Red Bank, NJ 07701

Estimated Value: $358,000 - $411,000

2 Beds
1 Bath
957 Sq Ft
$375/mo HOA Fee

Last Sold March 19, 2020

Last sale price $220,000 $230 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,864/month

11 Days on Market

Highlights

  • Garage Apartment
  • New Kitchen
  • Granite Countertops
  • Red Bank Regional High School Rated A
  • Wood Flooring
  • Air Conditioning

About This Home

As of March 2020

Updated 2 bedroom condo in Red Bank. Newly refinished hardwood floors throughout. New kitchen with quartz countertops, new SS fridge, oven and microwave. Recently renovated bathroom. Dedicated one car garage with shelving/storage options for all your seasonal items, bikes & other outdoor toys. Owner has gone above and beyond with making sure your next home is move in ready without the hassle of updating it! Heat, water and sewer included in monthly maintenance fee. Pet friendly living, all within a 10 minute walk to downtown, restaurants, shopping, entertainment and Red Bank train station. Looking for an investment? Owner previously rented this unit for $1,750/month prior to renovations.

Last Agent to Sell the Property

Michael Shaheen

O'Brien Realty, LLC Listed on: 01/31/2020

Last Buyer's Agent

Robert Hennessey

RE/MAX Real Estate LTD.

RE/MAX Real Estate LTD.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 1950

Lot Details

  • 958

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Apartment
  • Garage Door Opener
  • On-Street Parking
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 957 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Wood Flooring

Kitchen

  • New Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Upper Level

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39-00110-0000-00005-11

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include exterior maint, heat, lawn maintenance, mgmt fees, sewer, snow removal, water
  • Springview Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Recreation

  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,930

Year Built

Built in 1950

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Common Laundry, Association, No Pool
  • Reso Association Fee Includes: Exterior Maint, Heat, Lawn Maintenance, Mgmt Fees, Sewer, Snow Removal, Water
  • Inclusions: AC Units, Window Treatments, Dishwasher, Microwave, Stove, Refrigerator, Garage Door Opener
  • Subdivision Name: Springview
  • Architectural Style: Upper Level
  • Year Built: 1950
  • Contract Info List PriceSqFt: 233.02
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Exterior Maint: Yes
  • Location Middle School: Red Bank
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Foyer Two Story: Yes
  • Number Appliances Included A C Units: Yes
  • Included Window Treatments: Yes
  • Kitchen GraniteStone Counter: Yes
  • SidingBrick: Yes
  • Kitchen Floor - Wood4: Yes
  • Cooling Multi Units: Yes
  • Garage Apt Above Garage: Yes
  • Common Elements Common Laundry: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Open, On Street
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 375.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Association Fee Includes:Heat: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Parcel #: 39-00110-0000-00005-11
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3930.0

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 16, 2020
Sold by
Bradley Seann
Bought by
Solanki Hema
Seller's Agent
Michael Shaheen
O'Brien Realty, LLC
Buyer's Agent
Robert Hennessey
RE/MAX Real Estate LTD.
Sold Price
$220,000
Current Estimated Value
$382,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,618
Avg. Annual Appreciation
10.21%
Original Mortgage
$184,000
Outstanding Balance
$162,648
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$219,970

Purchase Details

Closed on
Jan 20, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Bradley Seann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2010
Sold by
Kelly Jeb
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 2, 2006
Sold by
Kennedy Patricia J
Bought by
Kelly Jeb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 3, 2002
Sold by
Powers Kathleen
Bought by
Kennedy Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
6.79%

Purchase Details

Closed on
Aug 19, 1998
Sold by
Bankers Trust
Bought by
Fitzpatrick Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Solanki Hema $220,000 First Integrity Title Agency
Bradley Seann $130,500 Fidelity Natl Title Ins Co
Deutsche Bank National Trust Company -- Multiple
Kelly Jeb $247,000 --
Kennedy Patricia $145,000 --
Fitzpatrick Kathleen $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solanki Hema $184,000
Previous Owner Bradley Seann $103,000
Previous Owner Kelly Jeb $49,400
Previous Owner Kelly Jeb $197,600
Previous Owner Kennedy Patricia $137,750
Previous Owner Fitzpatrick Kathleen $69,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold $220,000 +947.6% $230 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
04/26/2017 04/26/17 Rented $21,000 +1172.7% --
03/15/2016 03/15/16 Rented $1,650 -5.7% --
09/26/2014 09/26/14 Rented $1,750 +25.0% --
12/13/2013 12/13/13 Rented $1,400 -- --
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 $5,615 $357,500 $214,100 $143,400
2024 $5,615 $331,700 $194,100 $137,600
2023 $5,615 $293,800 $160,000 $133,800
2022 $4,510 $238,600 $110,500 $128,100
2021 $4,510 $201,600 $85,000 $116,600
2020 $4,060 $178,700 $80,000 $98,700
2019 $3,653 $165,200 $70,000 $95,200
2018 $3,560 $162,800 $70,000 $92,800
2017 $3,397 $161,000 $70,000 $91,000
2016 $3,057 $145,100 $60,000 $85,100
2015 $2,734 $134,500 $50,000 $84,500
2014 $2,573 $134,500 $50,000 $84,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Shaheen

    O'Brien Realty, LLC

  • R

    Buyer's Agent in 2020

    Robert Hennessey

    RE/MAX

    Section Image

  • M

    Seller's Agent in 2017

    Melissa Venditti

    Hubbard Park Real Estate, LLC

    (732) 492-6310

    12 Total Sales

    Melissa Venditti
    Section Image

  • E

    Buyer's Agent in 2017

    Ellen Fleischhacker

    D'Amico & McConnell Realtors

  • E

    Buyer's Agent in 2016

    Elliot Chera

    Weichert Realtors-Ocean

  • Gail O'Reilly

    Buyer's Agent in 2014

    Gail O'Reilly

    Heritage House Sotheby's International Realty

    (732) 859-2929

    3 in this area

    20 Total Sales

    Gail O'Reilly
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22003961

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00110-0000-00005-11

New Jersey Monmouth County Red Bank 07701

283 Spring St Unit 2D, Red Bank, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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