NOT LISTED FOR SALE

321 Spring St Unit 25 Red Bank, NJ 07701

Estimated Value: $402,000 - $443,000

2 Beds
3 Baths
1,125 Sq Ft
$373/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $252,000 $224 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,165/month

14 Days on Market

Highlights

  • Porch
  • Living Room
  • Forced Air Heating and Cooling System
  • Red Bank Reg High School Rated A

About This Home

As of March 2021

Hilltop Terrace is a 60 unit townhouse development consisting of 2 buildings separated by a beautiful treed courtyard. This unit features an open living room/dining/kitchen room combination with oak hardwood floorsand a half bath. The kitchen has dark cherry cabinets, granite counters and stainless steel refrigerator,range and dishwasher. Upstairs are two sunny bedroom and a full bath. The lower level features a large finished basement with it's own half bath. There is also a utility room with an exterior door from the basement to the parking lot!

Last Agent to Sell the Property

Jeffrey MacPherson

Heritage House Sotheby's International Realty Listed on: 02/03/2021

Last Buyer's Agent

Donald Blahut

Van Dyk Group License #0234771

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,306

Year Built

  • Built in 1967

Lot Details

  • 1,742

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Schools

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

Utilities

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

Additional Features

  • Porch
  • 1,742 Sq Ft Lot

Community Details

  • Hilltop Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39-00110-0000-00007-59

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,306

Year Built

Built in 1967

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: Hilltop Terrace
  • Unit Levels: 2 Story
  • New Construction: No
  • Property Attached Yn: Yes
  • Reso Structure Type: Townhouse
  • Year Built: 1967
  • 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
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Farm: No
  • Location Middle School: Red Bank
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Style Townhouse: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 3
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Basement3: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: NONE
  • Patio And Porch Features: Porch - Open

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No

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: 400.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 39-00110-0000-00007-59

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6306.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 8, 2021
Sold by
Emmons Mark and Estate Of Ronald M Emmons Sr
Bought by
Blahut Donald Edward
Seller's Agent
Jeffrey MacPherson
Heritage House Sotheby's International Realty
Buyer's Agent
Donald Blahut
Van Dyk Group
List Price
$249,000
Sold Price
$252,000
Premium/Discount to List
$3,000
1.2%
Current Estimated Value
$419,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,934
Avg. Annual Appreciation
11.77%
Original Mortgage
$172,000
Outstanding Balance
$154,613
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$261,627

Purchase Details

Closed on
May 12, 1989
Bought by
Emmons Ronald M and Emmons Carlotta N
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
Blahut Donald Edward $252,000 Foundation Title Llc
Emmons Ronald M $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blahut Donald Edward $100,000
Open Blahut Donald Edward $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $252,000 +1.2% $224 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $249,000 -- $221 / 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 $6,562 $392,100 $220,000 $172,100
2024 $6,562 $345,200 $180,000 $165,200
2023 $6,562 $343,400 $168,100 $175,300
2022 $6,771 $302,700 $135,000 $167,700
2021 $6,056 $302,700 $150,000 $152,700
2020 $6,575 $289,400 $150,000 $139,400
2019 $6,306 $285,200 $150,000 $135,200
2018 $6,128 $280,200 $150,000 $130,200
2017 $5,486 $260,000 $135,000 $125,000
2016 $5,217 $247,600 $125,000 $122,600
2015 $4,521 $234,700 $127,000 $107,700
2014 $4,240 $234,700 $127,000 $107,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22103177

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00110-0000-00007-59