NOT LISTED FOR SALE

40 Ambassador Dr Red Bank, NJ 07701

Estimated Value: $672,000 - $732,000

2 Beds
2.5 Baths
1,536 Sq Ft
$400/mo HOA Fee

Last Sold April 06, 2023

Last sale price $630,000 $410 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,870/month

13 Days on Market

Highlights

  • Pool House
  • New Kitchen
  • 1 Fireplace
  • Red Bank Regional High School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of April 2023

The only townhome currently available in the desirable Elkridge community. Move-in condition home features an open floor plan, a large eat-in kitchen w/stainless steel appliances, granite counters, tile backsplash & furniture grade cabinetry, a spacious living room with a gas fireplace and a private deck overlooking a wooded tree line, a formal dining room, two spacious and bright en-suite bedrooms including a master suite with a bath and walk-in closet, two full and one half baths, a large dry basement and one car attached garage w/a lg storage closet. Community amenities include a heated pool and a club house. Perfectly located near downtown Red Bank & Little Silver. Easy access to NJ Transit trains, shopping and restaurants.

Last Agent to Sell the Property

Janet McConnell

D'Amico & McConnell Realtors License #9806005 Listed on: 02/17/2023

Last Buyer's Agent

Danielle Petrocelli

RE/MAX First Class License #2187751

RE/MAX First Class

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,260

Year Built

  • Built in 1986

Lot Details

  • 1,525

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Mirrored Walls
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Crown Molding
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Pool House
  • In Ground Pool

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 39-00100-0000-00010-0012

Community Details

Overview

  • Association fees include pool
  • Elkridge Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,260

Year Built

Built in 1986

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common, In Ground, Pool House
  • Reso Association Amenities: Swimming, Pool
  • Reso Association Fee Includes: Pool
  • Inclusions: Washer, Window Treatments, Dishwasher, Dryer, Refrigerator, Gas Cooking
  • Subdivision Name: Elkridge
  • Reso Flooring: Wood
  • Reso Interior Features: Balcony, Dec Molding, Wall Mirror, Recessed Lighting
  • Property Attached Yn: Yes
  • Year Built: 1986
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Pool3: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Window Treatments: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Interior Wall Mirror: Yes
  • Pool Pool House: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Basement3: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Balcony
  • Patio And Porch Features: Porch - Open
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 39-00100-0000-00010-0012
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 10260.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 30, 2023
Sold by
Famularo Lisa A
Bought by
Rubino Natalie and Deltufo Carol
Seller's Agent
Janet McConnell
D'Amico & McConnell Realtors
Buyer's Agent
Danielle Petrocelli
RE/MAX First Class
List Price
$629,000
Sold Price
$630,000
Premium/Discount to List
$1,000
0.16%
Views
64
Current Estimated Value
$691,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,678
Avg. Annual Appreciation
3.62%
Original Mortgage
$504,000
Outstanding Balance
$489,734
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$201,944

Purchase Details

Closed on
Sep 24, 1990
Bought by
Famularo Lisa A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rubino Natalie $630,000 Prestige Title
Rubino Natalie $630,000 Prestige Title
Famularo Lisa A $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubino Natalie $504,000
Closed Rubino Natalie $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $630,000 +0.2% $410 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $629,000 -- $410 / Sq Ft
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 $9,803 $624,200 $420,000 $204,200
2024 $9,803 $585,500 $389,500 $196,000
2023 $9,803 $513,000 $322,500 $190,500
2022 $8,766 $511,200 $312,500 $198,700
2021 $8,766 $430,900 $250,000 $180,900
2020 $9,431 $415,100 $250,000 $165,100
2019 $9,070 $410,200 $250,000 $160,200
2018 $8,402 $384,200 $230,000 $154,200
2017 $8,204 $388,800 $230,000 $158,800
2016 $7,790 $369,700 $215,000 $154,700
2015 $7,290 $358,600 $168,000 $190,600
2014 $6,860 $358,600 $168,000 $190,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22304394

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00110-0000-00010-12