NOT LISTED FOR SALE

29 Penn Place Forked River, NJ 08731

Estimated Value: $803,707 - $983,000

4 Beds
3.5 Baths
3,042 Sq Ft
$293/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $476,000 $156 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,653/month

7 Days on Market

Highlights

  • Indoor Spa
  • 0.78 Acre Lot
  • Colonial Architecture
  • Solar Power System
  • New Kitchen
  • Wooded Lot

About This Home

As of November 2019

You will fall in love w/this gorgeous updated center hall colonial offering a huge white kitchen, granite counters, an oversized island, double ovens, reverse osmosis faucet & gorgeous morning room. Easy flow floor plan, 9 ft ceilings, 2 story foyer, grand master bedroom w/huge walk in closet & newly renovated master bathroom. Fully finished basement features full bath, family room, exercise area, workshop/storage room & bilco doors and has potential to be converted to a mother/daughter space. HVAC & Central air - 2018 & central vac - 2019. Home proudly sits on the largest lot in ''The Vineyards'' (.78 acre) & has been professionally landscaped & maintained. Owned solar panels generate a sizeable income in SREC sales. Hurry Hurry

Last Agent to Sell the Property

Sandra Bator

RE/MAX New Beginnings Realty-Toms River Listed on: 10/02/2019

Last Buyer's Agent

Kim Tashjian

Better Homes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,949

Year Built

  • Built in 2001

Lot Details

  • 0.78 Acre Lot
  • Fenced
  • Irregular Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Double-Wide Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 3,042 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Workroom
  • Indoor Spa
  • Home Gym
  • Center Hall
  • Pull Down Stairs to Attic

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller
  • Solar Heating System

Outdoor Features

  • Patio
  • Shed
  • Storage Shed

Schools

  • Lanoka Harbor Elementary School
  • Mill Pond Middle School
  • Lacey Township High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Cranberry Hill Subdivision

Listing and Financial Details

  • Exclusions: Washer, Dryer, Refrigerator
  • Assessor Parcel Number 13-01631-02-00013-05

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,949

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Laundry Tub
  • ResoLotFeatures: Fenced Area, Irregular Lot, Wooded
  • Inclusions: Blinds/Shades, Ceiling Fan(s), Dishwasher, Central Vacuum, Double Oven, Garage Door Opener, Gas Cooking
  • Subdivision Name: Cranberry Hill
  • Architectural Style: Colonial
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Exercise Room, Attic - Pull Down Stairs, Ceilings - 9Ft+ 1st Flr, Center Hall, Dec Molding, Hot Tub
  • Reso Other Structures: Shed, Shed(s)
  • Green Power: Solar Panels, Solar Panels Owned
  • Year Built: 2001
  • Contract Info List PriceSqFt: 157.76
  • 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
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.78
  • General Property Info Lot Dimensions: Irregular
  • Location Middle School: Mill Pond
  • Interior Attic - Pull Down Stairs: Yes
  • WaterSewer Well: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Parking Double Wide Drive: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Foyer Two Story: Yes
  • Lot Description Irregular Lot: Yes
  • Included BlindsShades: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Included Double Oven: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Exterior Hot Tub2: Yes
  • Interior Laundry Tub: Yes
  • Floors Tile: Yes
  • Exterior Solar Panels: Yes
  • Lot Description Wooded: Yes
  • Interior Fitness: Yes
  • Interior Hot Tub: Yes
  • Rooms Exercise Room2: Yes
  • Exercise Room Level Basement30: Yes
  • Rooms Work Room: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Energy Features Solar Panels Owned: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Bilco Style Doors, Ceilings - High, Finished, Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Main Level Bathrooms: 1
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • OtherRoomsOther2: Yes
  • Appliances Included:Central Vacuum: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Floor - Laminate4: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fence
  • Acres: 0.78
  • Waterfront: No
  • Exclusions: Washer, Dryer, Refrigerator
  • Exterior Features: Underground Sprinkler System, Hot Tub
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Direct Access, Paved, Double Wide Drive, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Solar, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Solar: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Mill Pond

Lot Info

  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 33976.8
  • Parcel #: 13-01631-02-00013-05
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9949.0

MLS Schools

  • Elementary School: Lanoka Harbor
  • High School: Lacey Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Oct 28, 2019
Sold by
Burns Martin P and Burns Patricia A
Bought by
Velazquez Robert and Velazquez Gina
Seller's Agent
Sandra Bator
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
Kim Tashjian
Better Homes Realty
Sold Price
$476,000
Current Estimated Value
$892,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,177
Avg. Annual Appreciation
10.70%
Original Mortgage
$281,000
Outstanding Balance
$245,825
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$646,352

Purchase Details

Closed on
Aug 9, 2001
Sold by
Nvr Inc
Bought by
Burns Martin and Burns Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
7.16%
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
Velazquez Robert $476,000 Green Label Title
Burns Martin $343,880 --
Burns Martin $343,880 --
-- $343,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Robert $281,000
Previous Owner -- $274,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $476,000 -- $156 / 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 $12,237 $482,900 $125,000 $357,900
2024 $11,440 $482,900 $125,000 $357,900
2023 $10,928 $482,900 $125,000 $357,900
2022 $10,767 $475,800 $125,000 $350,800
2021 $10,587 $475,800 $125,000 $350,800
2020 $10,249 $475,800 $125,000 $350,800
2019 $10,068 $475,800 $125,000 $350,800
2018 $9,949 $475,800 $125,000 $350,800
2017 $9,721 $475,800 $125,000 $350,800
2016 $9,683 $475,800 $125,000 $350,800
2015 $9,250 $475,800 $125,000 $350,800
2014 $7,310 $425,000 $185,000 $240,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21940334

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-01631-02-00013-05