NOT LISTED FOR SALE

38 Tower Hill Ave Red Bank, NJ 07701

Estimated Value: $618,000 - $658,000

2 Beds
1 Bath
1,312 Sq Ft
$486/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $495,000 $377 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,112/month

4 Days on Market

Highlights

  • A-Frame Home
  • Loft
  • Double Oven
  • Red Bank Reg High School Rated A
  • No HOA
  • Skylights

About This Home

As of November 2022

Look no further! This lovely home features two bedrooms, one bath, finished basement, converted walk-up attic, an all season enclosed front porch, fenced in rear yard, tons of storage, and more. Owner pride shines with attention to detail throughout! The updated kitchen boasts KitchenAid & GE appliances, Corian countertops, marble back splash, and plenty of cabinets. Walk-up offers tons of additional space for an office or workout room with storage options. The basement provides ample space for entertaining as well as an additional room with large closets perfect for an office or play room. Laundry located in large unfinished storage area of basement. The rear yard is great for get-togethers or simply enjoying some peaceful time on the patio. Located within walking distance to Red Bank Look no further! This lovely home features two bedrooms, one bath, finished basement, converted walk-up attic, an all season enclosed front porch, fenced in rear yard, tons of storage, and more. Owner pride shines with attention to detail throughout! The updated kitchen boasts KitchenAid & GE appliances, Corian countertops, marble back splash, and plenty of cabinets. Walk-up offers tons of additional space for an office or workout room with storage options. The basement provides ample space for entertaining as well as an additional room with large closets perfect for an office or play room. Laundry located in large unfinished storage area of basement. The rear yard is great for get-togethers or simply enjoying some peaceful time on the patio. Located within walking distance to Red Bank Middle School, Red Bank Catholic High School, as well as the top-rated restaurants and vibrant nightlife downtown has to offer. Don't miss out on this one!

Last Agent to Sell the Property

Beau Broadley

Robert DeFalco Realty Inc. License #1967974 Listed on: 08/25/2022

Robert DeFalco Realty Inc.

Last Buyer's Agent

Gary Carpenter

Choices Realty Group License #0119736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,937

Year Built

  • Built in 1940

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 43 x 70

Parking

  • Driveway

Home Design

  • A-Frame Home
  • Cottage
  • Pitched Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Tray Ceiling
  • Skylights
  • Track Lighting
  • Light Fixtures
  • Blinds
  • Loft
  • Ceramic Tile Flooring
  • Walkup Attic
  • Finished Basement

Kitchen

  • Double Oven
  • Gas Cooktop
  • Portable Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 39-00108-0000-00010-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,937

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Track Lighting, Blinds/Shades, Counter Top Range, Dishwasher, Dryer, Double Oven, Light Fixtures, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: A-Frame, Cottage/Bungalow
  • Reso Interior Features: Attic - Walk Up, Dec Molding, Loft, Skylight
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.07
  • General Property Info Lot Dimensions: 43 x 70
  • Location Middle School: Red Bank
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Dec Molding: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Dining Room Dec Molding4: Yes
  • Included Double Oven: Yes
  • Living Room Dec Molding3: Yes
  • Interior Loft: Yes
  • Interior Attic - Walk Up: Yes
  • Style CottageBungalow: Yes
  • Roof Sloping: Yes
  • Included Counter Top Range: Yes
  • Living Room Floor - Ceramic2: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Included Track Lighting: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement Finished: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Partially Finished: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bedroom Skylight5: Yes

Exterior Features

  • Roof: Sloping
  • Acres: 0.07
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Porch - Enclosed
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 43 x 70
  • Lot Size Sq Ft: 3049.2
  • Parcel #: 39-00108-0000-00010-01
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7937.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Nov 17, 2022
Sold by
Lopresti Kathy
Bought by
Barrett Elizabeth
Seller's Agent
Beau Broadley
Robert DeFalco Realty Inc.
Buyer's Agent
Gary Carpenter
Choices Realty Group
List Price
$449,000
Sold Price
$495,000
Premium/Discount to List
$46,000
10.24%
Views
43
Current Estimated Value
$637,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,673
Avg. Annual Appreciation
9.19%
Original Mortgage
$245,000
Outstanding Balance
$237,403
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$400,270

Purchase Details

Listed on
Jun 17, 2013
Closed on
Oct 14, 2013
Sold by
Solomon Daniel and Solomon Daniela
Bought by
Lopresti Kathy
Seller's Agent
Carol Sullivan
Heritage House Sotheby's International Realty
Buyer's Agent
Ray Peterson
Coldwell Banker Res. Brokerage
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Sep 30, 2010
Sold by
Beceiro Sharon Ann
Bought by
Solomon Daniel and Solomon Daniela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1995
Sold by
Zuber John
Bought by
Beceiro Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.66%
Source: Public Records

Range of Values:

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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
Barrett Elizabeth $495,000 Land Title
Lopresti Kathy $260,000 Agent For Old Republic Nati
Solomon Daniel $270,000 Stewart Title Guaranty Co
Beceiro Sharon A $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Elizabeth $245,000
Previous Owner Solomon Daniel $200,000
Previous Owner Beceiro Sharon A $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2022 11/30/22 Sold $495,000 +10.2% $377 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $449,000 +72.7% $342 / Sq Ft
10/16/2013 10/16/13 Sold $260,000 -- $297 / 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 $8,767 $560,500 $402,300 $158,200
2024 $8,789 $464,100 $312,300 $151,800
2023 $8,789 $459,900 $312,300 $147,600
2022 $7,937 $401,400 $260,100 $141,300
2021 $7,520 $354,800 $226,200 $128,600
2020 $7,807 $343,600 $226,200 $117,400
2019 $7,520 $340,100 $226,200 $113,900
2018 $7,346 $335,900 $226,200 $109,700
2017 $7,020 $332,700 $226,200 $106,500
2016 $6,346 $301,200 $197,400 $103,800
2015 $5,473 $269,200 $176,700 $92,500
2014 $5,672 $296,500 $194,200 $102,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22227034

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00108-0000-00010-01