NOT LISTED FOR SALE

32 Overlea Ln Matawan, NJ 07747

Estimated Value: $737,000 - $863,000

5 Beds
3 Baths
2,836 Sq Ft
$281/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $540,000 $190 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,528/month

36 Days on Market

Highlights

  • In Ground Pool
  • Whirlpool Bathtub
  • Great Room
  • Matawan Reg High School Rated A-
  • Corner Lot
  • No HOA

About This Home

As of June 2021

First time on the market! This 5 BR, 3 bath ranch located in the O Section of Strathmore was rebuilt and expanded in 1995. From the moment you enter you will be welcomed with the open floor plan and the abundance of windows offering plenty of natural light. Laminate floors and tile are found throughout. Over 2,800 sq ft. of living space. Large rooms, plenty of storage plus a two-car garage are an added bonus. Situated on a corner property, the fenced yard with in-ground pool and patio are perfect for your summer enjoyment. Close to stores and all transportation.

Last Listed By

Rhonda Beck-Edwards

Berkshire Hathaway HomeServices Fox & Roach - Holmdel License #9701991 Listed on: 04/09/2021

Berkshire Hathaway HomeServices Fox & Roach - Holmdel

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,963

Year Built

  • Built in 1961

Lot Details

  • 0.25 Acre Lot
  • Fenced
  • Corner Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,836 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Light Fixtures
  • Double Door Entry
  • Sliding Doors
  • Great Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Vinyl Pool
  • Fence Around Pool
  • Pool Equipment Stays

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Strathmore Elementary School
  • Matawan Avenue Middle School
  • Matawan Reg High School

Utilities

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

Community Details

  • No Home Owners Association
  • Strathmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-0093-0000-0001

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,963

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Fenced Area
  • ResoPoolFeatures: Fenced, In Ground, Pool Equipment, Vinyl
  • Co List Office Mls Id: 3906
  • Co List Office Phone: 732-946-3200
  • Inclusions: Outdoor Lighting, Washer, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Garage Door Opener, Gas Cooking
  • Subdivision Name: Strathmore
  • Architectural Style: Ranch
  • Reso Flooring: Laminate, Tile
  • Reso Interior Features: Sliding Door, Recessed Lighting
  • New Construction: No
  • Year Built: 1961
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.25
  • General Property Info Farm: No
  • Location Middle School: Matawan Avenue
  • Lot Description Corner Lot: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Included Light Fixtures: Yes
  • Included Outdoor Lighting: Yes
  • Kitchen Sliding Door5: Yes
  • SidingBrick: Yes
  • Pool Fenced: Yes
  • Pool Pool Equipment: Yes
  • Pool Vinyl2: Yes
  • Style Ranch: Yes
  • Kitchen Ceramic Tile3: Yes
  • Foyer Floor - Laminate: Yes
  • Floors Laminate: Yes
  • Kitchen Eat-In: Yes
  • Floors Tile: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Foyer Double Door Entry: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Total Bedrooms: 9
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.25
  • Topography: Level
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Fence, Patio, Swimming
  • Foundation Details: Slab
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 01-0093-0000-0001
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13963.0

MLS Schools

  • Elementary School: Strathmore
  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 28, 2021
Sold by
Gibel Arlene M
Bought by
Schechter Andrew and Schechter Tanya
Seller's Agent
Rhonda Beck-Edwards
Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Buyer's Agent
Charles Mauer
Coldwell Banker Res. Brokerage
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Total Days on Market
36
Current Estimated Value
$797,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,570
Avg. Annual Appreciation
11.10%
Original Mortgage
$400,000
Outstanding Balance
$369,943
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$440,017

Purchase Details

Closed on
Jun 27, 2019
Sold by
Gibel Arlene M and Estate Of Julius H Gibel
Bought by
Gibel Arlene M

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
Schechter Andrew $540,000 Acres Land Title Agency Inc
Gibel Arlene M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schechter Andrew $400,000
Previous Owner Gibel Arlene $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $540,000 -1.8% $190 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $550,000 0.0% $194 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $550,000 -- $194 / 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 $13,266 $673,600 $356,500 $317,100
2023 $13,266 $620,200 $310,500 $309,700
2022 $13,829 $538,400 $243,500 $294,900
2021 $13,964 $511,600 $220,900 $290,700
2020 $13,964 $514,500 $230,400 $284,100
2019 $13,959 $499,600 $217,100 $282,500
2018 $13,330 $478,300 $209,000 $269,300
2017 $12,396 $451,100 $190,000 $261,100
2016 $11,554 $438,800 $184,300 $254,500
2015 $12,042 $439,000 $191,000 $248,000
2014 $11,532 $428,700 $182,400 $246,300
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22108142

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00093-0000-00001