NOT LISTED FOR SALE

4 Lexington Ct Unit 85C Red Bank, NJ 07701

New Monmouth Neighborhood

Estimated Value: $305,922 - $329,000

1 Bed
1 Bath
999 Sq Ft
$428/mo HOA Fee

Last Sold March 18, 2021

Last sale price $190,000 $190 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,455/month

16 Days on Market

Highlights

  • Golf Course Community
  • Outdoor Pool
  • New Kitchen
  • Fitness Center
  • Active Adult
  • Clubhouse

About This Home

As of March 2021

Welcome to Shadow Lake Village, 4 Lexington Ct. A first floor one bedroom, one bath much sought after ''SHREWSBURY'' model. Updated kitchen w/granite counters open to dining/living room. Slider to a cozy sunroom can also be used as a guest room. Master bedroom has large walk-in-closet. Washer/dryer right in your own unit. A desirable adult community with endless amenities including a 9-hole golf course, pool, clubhouse, fitness center, tennis, bocce, shuffleboard, kayaking, walking/biking trails & 24/7 security to name a few! Close to downtown Red Bank, shopping/dining, al major transportation, parks and beaches. Plenty of parking is only a few steps from the front door. Make this community your new place to call home!

Last Agent to Sell the Property

Mary Lou Mannino

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #0572590 Listed on: 01/11/2021

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Justine Tumulty

O'Brien Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,126

Year Built

  • Built in 1979

Lot Details

  • 436

HOA Fees

  • $428 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Sliding Doors
  • Living Room
  • Sun or Florida Room

Kitchen

  • New Kitchen
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Linoleum
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Common or Shared Parking
  • Visitor Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Multiple cooling system units
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Landscaped
  • Lower Level

Listing and Financial Details

  • Assessor Parcel Number 32-01010-0000-00233

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, golf course, lawn maintenance, mgmt fees, pool, rec facility, snow removal
  • Shadow Lake Vil Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,126

Year Built

Built in 1979

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • ResoPoolFeatures: Common
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Exercise Room, Shuffleboard, Community Room, Swimming, Pool, Golf Course, Clubhouse, Common Area, Jogging Path, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Golf Course, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Snow Removal
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Self/Con Clean, Refrigerator
  • Subdivision Name: Shadow Lake Vil
  • Architectural Style: Lower Level
  • Reso Flooring: Ceramic Tile, Laminate, Linoleum/Vinyl, W/W Carpet, Engineered
  • Reso Interior Features: Sliding Door
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1979
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Acreage: 0.01
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • General Property Info Handicap Access: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Common Elements Landscaping: Yes
  • Kitchen GraniteStone Counter: Yes
  • Included SelfCon Clean: Yes
  • Floors Laminate: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Shuffleboard: Yes
  • Common Elements Tennis Court: Yes
  • Common Elements Golf Course: Yes
  • Common Elements Jogging Path: Yes
  • Cooling Multi Units: Yes
  • Fee Includes Golf Course3: Yes
  • Parking Visitor: Yes
  • Style Lower Level: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bath Floor - WW Carpet2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Porch - Enclosed
  • Foundation Details: Slab
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Common, Visitor, None
  • General Property Info:Garage: No
  • Parking:Assigned: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 428.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 32-01010-0000-00233
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3126.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Mar 13, 2021
Sold by
Faraldi Patricia A and Estate Of Linda Szipszky
Bought by
Morgan Raymond G
Seller's Agent
Mary Lou Mannino
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Justine Tumulty
O'Brien Realty, LLC
List Price
$185,000
Sold Price
$190,000
Premium/Discount to List
$5,000
2.7%
Current Estimated Value
$317,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,231
Avg. Annual Appreciation
11.47%
Original Mortgage
$152,000
Outstanding Balance
$136,326
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$180,905

Purchase Details

Listed on
Nov 17, 2015
Closed on
Dec 15, 2015
Sold by
Donovan Dennis P, Executor
Bought by
Szipszky Linda
Seller's Agent
Dennis Freshnock
RE/MAX The Real Estate Leaders
Buyer's Agent
Sharon Hayes
Coldwell Banker Realty
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Sep 16, 2009
Sold by
Conforti Marie
Bought by
Donovan Joan M

Purchase Details

Closed on
Aug 25, 2008
Sold by
Colandrea Arlene and Peterson Joan
Bought by
Conforti Marie

Purchase Details

Closed on
Mar 18, 2008
Sold by
Colandrea Arlene and Colandrea Thomas
Bought by
Colandrea Arlene and Peterson Joan

Purchase Details

Closed on
Sep 13, 1999
Sold by
Central Jersey Real Estate
Bought by
Hamlin David and Hamlin Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.8%

Purchase Details

Closed on
Jan 2, 1998
Sold by
Colandrea Julia
Bought by
Colandrea Arlene and Colandrea Thomas

Purchase Details

Closed on
Dec 24, 1997
Sold by
Colandrea Julia
Bought by
Colandrea Arlene and Colandrea Thomas

Purchase Details

Closed on
Jun 14, 1996
Sold by
Strong Elizabeth
Bought by
Colandrea Julia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morgan Raymond G $190,000 Foundation Title Llc
Szipszky Linda $145,000 --
Donovan Joan M $143,000 Chicago Title Insurance Co
Conforti Marie $146,000 Multiple
Colandrea Arlene -- None Available
Hamlin David $1,050,000 --
Colandrea Arlene $30,000 --
Colandrea Arlene $30,000 --
Colandrea Julia $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Raymond G $152,000
Previous Owner Hamlin David $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2021 03/18/21 Sold $190,000 +2.7% $190 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $185,000 +27.6% $185 / Sq Ft
12/15/2015 12/15/15 Sold $145,000 0.0% $145 / Sq Ft View Prior Sale
05/01/2013 05/01/13 Rented $15,600 -- --
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 $4,295 $303,800 $160,000 $143,800
2024 $4,244 $261,100 $120,000 $141,100
2023 $4,244 $244,200 $90,000 $154,200
2022 $3,440 $206,800 $60,000 $146,800
2021 $3,267 $165,400 $50,000 $115,400
2020 $3,267 $152,800 $40,000 $112,800
2019 $3,126 $148,000 $40,000 $108,000
2018 $3,099 $143,000 $40,000 $103,000
2017 $2,787 $131,200 $30,000 $101,200
2016 $2,542 $119,300 $30,000 $89,300
2015 $2,264 $106,000 $15,000 $91,000
2014 $2,147 $98,100 $15,000 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22100765

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01010-0000-00233