38 Forrest Ave Rumson, NJ 07760
Rumson NeighborhoodEstimated Value: $1,777,000 - $2,049,000
3
Beds
2.5
Baths
1,840
Sq Ft
$1,022/Sq Ft
Est. Value
Highlights
- New Kitchen
- Deck
- Shore Colonial Architecture
- Deane Porter School Rated A
- Wood Flooring
- Bonus Room
About This Home
As of May 2022STYLE AND LUXURY! Lavishly appointed and completely renovated 3 bedroom, 2.5 bath Shore Colonial with an open floor plan and designer finishing in sought after Rumson. Enter the foyer with access to the study and continue to the vaulted dining area with beamed shiplap ceilings, sliding doors to the back yard and built-in bar area with wine fridge. Spacious kitchen offers custom shaker cabinets, center island, stainless steel Monogram appliances and opens to the comfortable family room with a gas burning fireplace. Downstairs also has a powder room and laundry room complete with built-ins. Upstairs has a full bathroom with double sinks, three bedrooms with master suite having vaulted ceilings, double closets and en-suite bathroom with double sinks and walk in shower. Finished basement offers extra entertaining space, as well as a large storage area. Outdoors has fully fenced yard with trex deck, patio, storage shed and professional landscaping. Minutes to the ferry, shopping, dining and mass transit!
Last Listed By
Laura Quinn
EXP Realty Listed on: 04/01/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,289
Year Built
- Built in 1990
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 50 x 156
- Fenced
- Sprinkler System
Parking
- 1 Car Direct Access Garage
- Heated Garage
- Double-Wide Driveway
- On-Street Parking
Home Design
- Shore Colonial Architecture
- Shingle Roof
Interior Spaces
- 2-Story Property
- Crown Molding
- Beamed Ceilings
- Tray Ceiling
- Ceiling Fan
- Recessed Lighting
- Light Fixtures
- Gas Fireplace
- Blinds
- Sliding Doors
- Living Room
- Dining Room
- Home Office
- Bonus Room
- Utility Room
- Wood Flooring
- Pull Down Stairs to Attic
- Home Security System
Kitchen
- New Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Utility Basement
Outdoor Features
- Deck
- Patio
- Exterior Lighting
- Shed
- Storage Shed
Schools
- Deane-Porter Elementary School
- Forrestdale Middle School
- Rumson-Fair Haven High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Natural Gas Water Heater
- Water Softener
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Personal Belongings
- Assessor Parcel Number 41-00042-0000-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2022
Closed on
Apr 23, 2022
Sold by
Kenneth Formica
Bought by
Rebele Eileen
Seller's Agent
Laura Quinn
EXP Realty
Buyer's Agent
Mario Venancio
Gloria Nilson & Co. Real Estate
List Price
$1,535,000
Sold Price
$1,617,000
Premium/Discount to List
$82,000
5.34%
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,568
Avg. Annual Appreciation
5.71%
Original Mortgage
$350,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 6, 2020
Closed on
Apr 22, 2020
Sold by
Oakes Lorraine Desmond and Estate Of Rita J Desmond
Bought by
Formica Kenneth
Seller's Agent
John Yablonski
O'Brien Realty, LLC
Buyer's Agent
Laura Quinn
EXP Realty
List Price
$769,900
Sold Price
$755,000
Premium/Discount to List
-$14,900
-1.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.73%
Original Mortgage
$604,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 1992
Bought by
Desmond John J and Desmond Rita J
Create a Home Valuation Report for This Property
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Similar Homes in Rumson, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rebele Eileen | $1,617,000 | Counsellors Title | |
| Formica Kenneth | $755,000 | Trident Abstract Ttl Agcy Ll | |
| Desmond John J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rebele Eileen | $350,000 | |
| Previous Owner | Formica Kenneth | $775,000 | |
| Previous Owner | Formica Kenneth | $604,000 | |
| Previous Owner | Desmond John | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2022 05/13/22 | Sold | $1,617,000 | +5.3% | $879 / Sq Ft |
| 03/31/2022 03/31/22 | For Sale | $1,535,000 | +103.3% | $834 / Sq Ft |
| 04/20/2020 04/20/20 | Sold | $755,000 | -1.9% | $410 / Sq Ft |
| 02/17/2020 02/17/20 | Pending | -- | -- | -- |
| 02/06/2020 02/06/20 | For Sale | $769,900 | -- | $418 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $17,634 | $1,649,900 | $781,200 | $868,700 |
| 2023 | $17,634 | $1,508,500 | $720,900 | $787,600 |
| 2022 | $11,289 | $1,193,400 | $640,100 | $553,300 |
| 2021 | $11,289 | $793,300 | $554,400 | $238,900 |
| 2020 | $10,672 | $744,700 | $504,000 | $240,700 |
| 2019 | $9,353 | $636,700 | $347,200 | $289,500 |
| 2018 | $9,237 | $623,300 | $347,200 | $276,100 |
| 2017 | $8,539 | $581,300 | $313,600 | $267,700 |
| 2016 | $8,541 | $596,000 | $313,600 | $282,400 |
| 2015 | $8,474 | $583,200 | $313,600 | $269,600 |
| 2014 | $8,309 | $570,300 | $308,000 | $262,300 |
Source: Public Records
Agents Affiliated with this Home
-
Buyer's Agent in 2022
Mario Venancio
BHHS Fox & Roach
(732) 995-6244
117 in this area
428 Total Sales
-
John Yablonski
Seller's Agent in 2020
John Yablonski
O'Brien Realty, LLC
(860) 913-6949
8 in this area
83 Total Sales
-
Laura Quinn
Buyer's Agent in 2020
Laura Quinn
EXP Realty
1 in this area
55 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22209127
APN: 41-00042-0000-00003
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