NOT LISTED FOR SALE

321 Spring St Unit 11 Red Bank, NJ 07701

Estimated Value: $415,000 - $430,356

2 Beds
3 Baths
1,080 Sq Ft
$409/mo HOA Fee

Last Sold September 21, 2022

Last sale price $365,000 $338 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,192/month

8 Days on Market

Highlights

  • New Kitchen
  • Engineered Wood Flooring
  • Workshop
  • Red Bank Regional High School Rated A
  • Granite Countertops
  • Breakfast Area or Nook

About This Home

As of September 2022

MOVE RIGHT IN to this beautifully updated and maintained Townhome in Hilltop Terrace! Brand new kitchen opens up to your dining room and living room, giving you that open-concept feel! Hardwood floors throughout entire Home! *as well as under carpets on stairs and upstairs* Spacious living room, large pantry, granite counter tops with a breakfast nook that could fit 4! Half bath right off living room. Upstairs Brand New full bathroom! Large bedrooms with lots of closet space. FINISHED basement that you can make 3rd bedroom or office/playroom/bonus room with walk-out access to the rear parking. Storage space w/ laundry in basement AND a newly updated half bathroom. Comes with 2 assigned parking spots & plenty of visitor parking. Close to shopping/restaurants & beaches! Beautiful location!

Last Agent to Sell the Property

Summit Tognetti

RE/MAX Revolution License #1754038 Listed on: 07/20/2022

RE/MAX Revolution

Last Buyer's Agent

Christina Gaeta

New and Modern Group License #1327763

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,387

Year Built

  • Built in 1967

Lot Details

  • 1,742

HOA Fees

  • $409 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Light Fixtures
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Workshop
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • No Garage
  • Visitor Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Exclusions: Personal properties
  • Assessor Parcel Number 39-00110-0000-00007-45

Community Details

Overview

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

Amenities

  • Common Area

Recreation

  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,387

Year Built

Built in 1967

Lot Details

0

HOA Fees

$409 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Snow Removal, Gas
  • Inclusions: Washer, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator
  • Subdivision Name: Hilltop Terrace
  • Reso Flooring: Cement, Ceramic Tile
  • Reso Interior Features: Attic - Pull Down Stairs, Breakfast Bar, Eat-in Kitchen, Recessed Lighting
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1967
  • Contract Info List PriceSqFt: 313.89
  • Contract Info New Construction: No
  • 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
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Floor - Engineered3: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.04
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Kitchen GraniteStone Counter: Yes
  • SidingBrick: Yes
  • Basement Workshop Workbench: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen KitchenDine: Yes
  • Kitchen BnookDining Area: Yes
  • Basement Heated: Yes
  • Parking Visitor: Yes
  • Laundry Level Basement20: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Heated, Workshop/ Workbench, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 3
  • Basement Finished: 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
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: Personal properties
  • Construction Type: Brick
  • Exterior Features: Other, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Visitor, None
  • 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, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 409.0
  • 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: 1742.4
  • Parcel #: 39-00110-0000-00007-45
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6387.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 16, 2022
Sold by
Overpeck James E and Overpeck Victoria A
Bought by
Faryar Navid
Seller's Agent
Summit Tognetti
RE/MAX Revolution
Buyer's Agent
Christina Gaeta
New and Modern Group
List Price
$339,000
Sold Price
$365,000
Premium/Discount to List
$26,000
7.67%
Views
14
Current Estimated Value
$423,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,839
Avg. Annual Appreciation
4.80%
Original Mortgage
$265,000
Outstanding Balance
$253,773
Interest Rate
5.55%
Mortgage Type
Balloon
Estimated Equity
$170,066

Purchase Details

Listed on
Aug 22, 2015
Closed on
Oct 15, 2015
Sold by
Gilbert Lois and Mcmullin Lois
Bought by
Overpeck James E and Sala Victoria A
Seller's Agent
Susan Holder
Two River Realty
Buyer's Agent
Susan Holder
Two River Realty
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$223,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2000
Sold by
Masica Christopher
Bought by
Mcmullin Lois
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Faryar Navid $365,000 Foundation Title
Overpeck James E $235,000 Two Rivers Title Co Llc
Mcmullin Lois $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faryar Navid $265,000
Previous Owner Overpeck James E $223,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2022 09/21/22 Sold $365,000 +7.7% $338 / Sq Ft
07/20/2022 07/20/22 For Sale $339,000 +44.3% $314 / Sq Ft
10/15/2015 10/15/15 Sold $235,000 -- $214 / Sq Ft View Prior Sale
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 $6,627 $396,500 $220,000 $176,500
2024 $6,627 $349,500 $180,000 $169,500
2023 $6,627 $346,800 $168,100 $178,700
2022 $6,387 $283,800 $135,000 $148,800
2021 $6,387 $285,500 $150,000 $135,500
2020 $6,216 $273,600 $150,000 $123,600
2019 $5,952 $269,200 $150,000 $119,200
2018 $5,822 $266,200 $150,000 $116,200
2017 $5,271 $249,800 $135,000 $114,800
2016 $5,006 $237,600 $125,000 $112,600
2015 $4,698 $231,100 $127,000 $104,100
2014 $4,421 $231,100 $127,000 $104,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22222796

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00110-0000-00007-45