NOT LISTED FOR SALE

4 Institute St Freehold, NJ 07728

Estimated Value: $438,000 - $458,000

3 Beds
1.5 Baths
1,242 Sq Ft
$358/Sq Ft Est. Value

Last Sold October 01, 2022

Last sale price $350,000 $282 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,885/month

26 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Enclosed Patio or Porch
  • Freehold Borough High School Rated A-
  • No HOA
  • Central Air

About This Home

As of October 2022

Cute as a button all brick Cape Cod home. 3 bedrooms, 1.5 baths, basement, fireplace and porch. Hardwood floors. Close proximity to Downtown where you will find quaint restaurants and shopping. Very close proximity NJ transit train. Come preview this home before its gone!

Last Agent to Sell the Property

Marilyn Benvenuto

Real Broker, LLC- Point P License #0570272 Listed on: 06/29/2022

Last Buyer's Agent

Viktoria Adamov

Realty One Group Central License #1541632

Realty One Group Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,692

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 152

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,242 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Freehold Middle School

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-00083-0000-00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,692

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cape
  • 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: 0.17
  • General Property Info Lot Dimensions: 50 x 152
  • Location Middle School: Freehold
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • SidingAluminum: Yes
  • Garage None4: Yes
  • Style Cape: Yes
  • Foyer Floor - Wood: Yes
  • SidingBrick: Yes
  • Heating Oil Above Ground: Yes
  • Foyer Fireplace - Woodburning: Yes
  • Water Heater Tank: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Aluminum Siding, Brick
  • Patio And Porch Features: Porch - Covered, Porch - Enclosed
  • Features Exterior:Porch Covered: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Oil Above Ground
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Freehold

Lot Info

  • Lot Dimensions: 50 x 152
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 16-00083-0000-00027

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5692.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Sep 30, 2022
Sold by
4 Institute Llc
Bought by
Giuliano Sebastian
Seller's Agent
Marilyn Benvenuto
Real Broker, LLC- Point P
Buyer's Agent
Viktoria Adamov
Realty One Group Central
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Views
52
Current Estimated Value
$445,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,041
Avg. Annual Appreciation
8.25%
Original Mortgage
$280,000
Outstanding Balance
$270,619
Interest Rate
6.7%
Estimated Equity
$174,422

Purchase Details

Listed on
Dec 18, 2014
Closed on
Jan 30, 2015
Sold by
Severson Jon and Severson Desirae
Bought by
4 Institute Llc
Seller's Agent
Steven Scheer
G & G Agency Inc
Buyer's Agent
Marilyn D'Angelo
VRI Homes
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
May 13, 2004
Sold by
Bannach Keith
Bought by
Severson Jon and Severson Desirae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.88%
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
Giuliano Sebastian $350,000 Two Rivers Title
Giuliano Sebastian $350,000 Two Rivers Title
4 Institute Llc $189,000 Two Rivers Title Co Llc
Severson Jon $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giuliano Sebastian $280,000
Closed Giuliano Sebastian $280,000
Previous Owner Severson Jon $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2022 10/01/22 Sold $350,000 -2.8% $282 / Sq Ft
06/29/2022 06/29/22 For Sale $360,000 +90.5% $290 / Sq Ft
02/02/2015 02/02/15 Sold $189,000 -- $152 / 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 $6,294 $355,900 $203,200 $152,700
2024 $6,102 $313,600 $163,600 $150,000
2023 $6,102 $291,000 $145,300 $145,700
2022 $5,692 $243,300 $105,200 $138,100
2021 $5,692 $217,000 $91,500 $125,500
2020 $5,625 $211,300 $91,500 $119,800
2019 $5,504 $207,700 $91,500 $116,200
2018 $5,418 $200,600 $86,500 $114,100
2017 $5,090 $187,700 $76,500 $111,200
2016 $5,313 $189,000 $124,800 $64,200
2015 $5,043 $199,000 $127,500 $71,500
2014 $5,631 $232,800 $127,500 $105,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22220256

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00083-0000-00027