NOT LISTED FOR SALE

321 Spring St Unit 1 Red Bank, NJ 07701

Estimated Value: $445,000 - $462,000

2 Beds
2.5 Baths
1,104 Sq Ft
$410/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $435,000 $394 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,367/month

14 Days on Market

Highlights

  • Engineered Wood Flooring
  • Attic
  • Granite Countertops
  • Red Bank Reg High School Rated A
  • End Unit
  • Walk-In Closet

About This Home

As of August 2024

OFFER ACCEPTED. No More Showings. This updated END unit features 2 bedrooms and 2.5 baths, boasting an open floor plan spread across 3 levels of living space! The first floor includes a kitchen with granite countertops, a center island, new tile backsplash, farmhouse sink, and pantry, flowing seamlessly into a dining room/living room combination with a convenient half bath. Upstairs, you'll find two spacious bedrooms, a full updated bath, and a walk-in closet. The basement level offers what could be a cozy family room, playroom, den or whatever you want with another full bath, a sizable storage area, and laundry facilities with a private walk-out option. Recent updates include an HVAC system installed in 2021 and a hot water heater replaced in 2020 This home presents an opportunity for buyers to add their personal touches and move right in to enjoy their new home! Included are 2 assigned parking spaces and plenty of visitor parking. It is conveniently located near transportation options such as the train and high-speed ferry to NYC, as well as downtown Red Bank's nightlife, restaurants, shopping, and nearby beaches.

Last Agent to Sell the Property

Joyce Maltese

ERA Central Realty Group License #1865052 Listed on: 06/27/2024

ERA Central Realty Group

Last Buyer's Agent

Meghan Carroll

RE/MAX Elite License #1642729

RE/MAX Elite

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,591

Year Built

  • Built in 1967

Lot Details

  • 1,742 Sq Ft Lot
  • End Unit

HOA Fees

  • $429 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,104 Sq Ft Home
  • 3-Story Property
  • Light Fixtures
  • Blinds
  • Window Screens
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement

Home Security

Parking

  • 2 Parking Spaces
  • Paved Parking
  • Visitor Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Ring doorbells, personal property, drapes, curtains
  • Assessor Parcel Number 39-00110-0000-00007-35

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, heat, lawn maintenance, mgmt fees, sewer, snow removal
  • Hilltop Terrace Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,591

Year Built

Built in 1967

Lot Details

0

HOA Fees

$429 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Association, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Heat, Lawn Maintenance, Mgmt Fees, Sewer, Snow Removal
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: Hilltop Terrace
  • Architectural Style: End Unit, Townhouse
  • Reso Flooring: Engineered
  • Reso Interior Features: Attic
  • Property Attached Yn: Yes
  • Year Built: 1967
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Kitchen Center Island: Yes
  • Common Elements Common Area: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.04
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • Interior Attic: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Style Townhouse: Yes
  • Included Screens: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Exterior Storm Door(s): Yes
  • Kitchen GraniteStone Counter: Yes
  • SidingBrick: Yes
  • Basement Heated: Yes
  • Siding Cedar: Yes
  • Style End Unit: Yes
  • Parking Visitor: Yes
  • Family Room Level Basement29: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Heated, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: Ring doorbells, personal property, drapes, curtains
  • Construction Type: Brick, Cedar
  • Exterior Features: Storm Door(s), Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Asphalt, Assigned, Visitor
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 428.63
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 39-00110-0000-00007-35
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6591.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Nov 25, 2020
Sold by
Shimunova Natalya B
Bought by
Gaffney Erin E
Seller's Agent
Christopher Drummond
Heritage House Sotheby's International Realty
Buyer's Agent
Joyce Maltese
ERA Central Realty Group
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$452,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,535
Avg. Annual Appreciation
8.18%
Original Mortgage
$248,000
Outstanding Balance
$221,188
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$231,347

Purchase Details

Listed on
Apr 23, 2012
Closed on
Jul 2, 2012
Sold by
Small Peter A and Small Elizaeth M
Bought by
Shimunova Natalya B
Seller's Agent
Barbara Alvarez
Coldwell Banker Realty
Buyer's Agent
Mary Jane Barretta
Jack Green Realty
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$144,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2007
Sold by
Miller Christian and Miller Lisa
Bought by
Small Peter A and Small Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2004
Sold by
Pauley Ronald
Bought by
Miller Christian and Sanger Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.16%

Purchase Details

Closed on
Oct 7, 1999
Sold by
Johnson Ralph
Bought by
Pauley Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,400
Interest Rate
7.8%
Mortgage Type
FHA
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
Gaffney Erin E $310,000 Scott Title Services
Gaffney Erin E $310,000 Scott Title Services
Shimunova Natalya B $245,000 Fidelity Title Ins Co
Small Peter A $335,000 Lawyers Title Insurance Corp
Miller Christian $300,000 --
Pauley Ronald $134,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaffney Erin E $248,000
Closed Gaffney Erin E $248,000
Previous Owner Shimunova Natalya B $144,000
Previous Owner Small Peter A $310,000
Previous Owner Miller Christian $285,000
Previous Owner Pauley Ronald $121,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $435,000 +13.0% $394 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $385,000 +24.2% $349 / Sq Ft
11/30/2020 11/30/20 Sold $310,000 0.0% $281 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $310,000 +26.5% $281 / Sq Ft
07/02/2012 07/02/12 Sold $245,000 -- $222 / 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 $6,591 $394,600 $220,000 $174,600
2024 $6,591 $347,600 $180,000 $167,600
2023 $6,591 $344,900 $168,100 $176,800
2022 $6,800 $304,200 $135,000 $169,200
2021 $6,393 $304,000 $150,000 $154,000
2020 $6,393 $281,400 $150,000 $131,400
2019 $6,136 $277,500 $150,000 $127,500
2018 $5,966 $272,800 $150,000 $122,800
2017 $5,480 $259,700 $135,000 $124,700
2016 $5,211 $247,300 $125,000 $122,300
2015 $5,107 $251,200 $127,000 $124,200
2014 $4,805 $251,200 $127,000 $124,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22418125

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00110-0000-00007-35