NOT LISTED FOR SALE

38 Park Ave Rumson, NJ 07760

Estimated Value: $3,048,656 - $3,918,000

5 Beds
4.5 Baths
1,680 Sq Ft
$2,021/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $2,550,000 $1,518 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $19,988/month

14 Days on Market

Highlights

  • New Kitchen
  • Colonial Architecture
  • Attic
  • Deane Porter School Rated A
  • Wood Flooring
  • Quartz Countertops

About This Home

As of May 2022

This 5 bedroom plus office, 4 1⁄2 bath shore craftsman is designed for the active Rumson lifestyle and constructed w/ exceptional quality. Refined by Asher Slaunwhite Architects, this unique floor plan offers multiple indoor and outdoor gathering areas for family and friends. The entrance welcomes you w/ impressive bluestone walk, professional landscaping, and a large front porch seating area. Enter through the mahogany French doors to experience an open floor plan with 10 and 11-foot ceilings, two gas fireplaces, a chef's kitchen featuring Viking and Sub-Zero appliances, a large island, quartz counters, and custom cabinets. The first floor also features a walk-in pantry, locker and laundry area, entrance to the two-car attached garage and powder room. The garage includes ample storage and 220V/40A Tesla charging outlet. You are offered three dining options: the island, the breakfast room or the formal dining room. Access the covered back porch through the breakfast room or open the Centor accordion door to fully enjoy that indoor/outdoor living feel.
The second floor features an en-suite bedroom, two additional bedrooms with a shared jack-and-jill bath, and the primary suite. The primary includes a stunning en-suite bath, large walk-in closet with custom built-in cabinets, and a large bonus room perfect for a home office or nursery.
From the foyer, explore down the wide staircase to the basement, dug extra deep, which allows for 8-foot ceilings. The basement offers a large play area with egress windows, a fifth bedroom, full bath, large storage room, w/ whole-house radiant heating system. All three floors, including the basement floor, are serviced by this state-of-the art system.
Although this is a large space, it is welcoming and comfortable. Take a moment to appreciate the artisan details, like the unique design of the stair railing, the door molding, lighting, hardware, the functionality of the kitchen, or even the real mahogany garage door.
This exceptional home sits on high ground in central Rumson. Walk a few blocks to all three schools, multiple restaurants, parks, and the Navesink River. Seabright beaches are a short bike ride or drive. Welcome home to 38 Park Ave!

Last Agent to Sell the Property

John Yablonski

O'Brien Realty, LLC License #1757969 Listed on: 03/24/2022

Last Buyer's Agent

Edwin Oels

Weichert Realtors-Rumson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,714

Year Built

  • Built in 2017

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75 x 168
  • Fenced

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Double-Wide Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Asphalt Rolled Roof
  • Cedar Shake Siding
  • Shake Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Home Security System
  • Attic

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Dining Room curtains, sound bars for TV's, and Blink camera system
  • Assessor Parcel Number 41-00040-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,714

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Ceiling Fan(s), Dishwasher, Central Vacuum, Dryer, Double Oven, Light Fixtures, Microwave, Security System, Self/Con Clean, Stove, Stove Hood, Refrigerator, Screens, Freezer, Garbage Disposal, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Interior Features: Attic, Ceilings - 9Ft+ 1st Flr, Dec Molding, Laundry Tub, Security System, Sliding Door, Breakfast Bar, Recessed Lighting
  • New Construction: No
  • Year Built: 2017
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Kitchen Quartz: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.29
  • General Property Info Lot Dimensions: 75 x 168
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Double Wide Drive: Yes
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Roof Timberline: Yes
  • Kitchen Breakfast Cntr: Yes
  • Included Double Oven: Yes
  • Included SelfCon Clean: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Dec Molding5: Yes
  • Basement Heated: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • Kitchen Butler Pantry: Yes
  • Interior Laundry Tub: Yes
  • Living Room Sliding Door2: Yes
  • Included Garbage Disposal: Yes
  • SidingCedarShake: Yes
  • Foyer Double Door Entry: Yes
  • Foyer Dec Molding2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Finished, Full, Heated
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Security System: Yes
  • Appliances Included:Freezer: Yes
  • Appliances Included:Central Vacuum: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Walk-in Closet2: Yes

Exterior Features

  • Roof: Timberline, Shingle
  • Acres: 0.29
  • Waterfront: No
  • Exclusions: Dining Room curtains, sound bars for TV's, and Blink camera system
  • Construction Type: Shake Siding
  • Exterior Features: Fence, Patio, Porch - Open, Lighting
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, Double Wide Drive, Driveway, On Street, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking:Paved: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75 x 168
  • Lot Size Sq Ft: 12632.4
  • Parcel #: 41-00040-0000-00002
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 25714.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 25, 2022
Sold by
Todd Sloan Robert and Todd Anne Kimberly
Bought by
Salotti Matthew and Salotti Maha
Seller's Agent
John Yablonski
O'Brien Realty, LLC
Buyer's Agent
Edwin Oels
Weichert Realtors-Rumson
List Price
$2,475,000
Sold Price
$2,550,000
Premium/Discount to List
$75,000
3.03%
Current Estimated Value
$3,394,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$844,664
Avg. Annual Appreciation
8.27%
Original Mortgage
$1,960,000
Outstanding Balance
$1,853,352
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$1,541,312

Purchase Details

Closed on
Sep 25, 2017
Sold by
Advanced Development Custom Homes Llc
Bought by
Sloan Robert Todd and Sloan Kimberly Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
3.83%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jul 6, 2016
Sold by
Leahy Kevin J and Leahy Margaret S
Bought by
Advanced Development Cust Om Homes Llc
Seller's Agent
Bernadette Barnette
Coldwell Banker Realty
Buyer's Agent
Robin Hemphill
Heritage House Sotheby's International Realty
Sold Price
$760,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%
Interest Rate
3.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Salotti Matthew $2,550,000 Westcor Land Title
Salotti Matthew $2,550,000 Westcor Land Title
Sloan Robert Todd $1,600,000 --
Advanced Development Cust Om Homes Llc $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salotti Matthew $1,960,000
Closed Salotti Matthew $1,960,000
Previous Owner Sloan Robert Todd $1,060,000
Previous Owner Advanced Development Cust Om Homes Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2022 05/26/22 Sold $2,550,000 +3.0% $1,518 / Sq Ft
05/16/2022 05/16/22 For Sale $2,475,000 0.0% $1,473 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $2,475,000 +225.7% $1,473 / Sq Ft
06/28/2016 06/28/16 Sold $760,000 -- $452 / 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 $26,424 $2,610,000 $1,099,700 $1,510,300
2024 $26,128 $2,402,200 $1,027,900 $1,374,300
2023 $26,128 $2,235,100 $989,100 $1,246,000
2022 $25,714 $2,036,000 $865,500 $1,170,500
2021 $25,714 $1,807,000 $749,800 $1,057,200
2020 $24,539 $1,712,400 $693,000 $1,019,400
2019 $22,794 $1,551,700 $391,000 $1,160,700
2018 $5,795 $391,000 $391,000 $0
2017 $10,825 $736,900 $353,600 $383,300
2016 $8,353 $582,900 $353,600 $229,300
2015 $8,318 $572,500 $353,600 $218,900
2014 $8,130 $558,000 $345,000 $213,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22207935

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00040-0000-00002