NOT LISTED FOR SALE

40 David Terrace Red Bank, NJ 07701

New Monmouth Neighborhood

Estimated Value: $752,000 - $1,143,000

3 Beds
2 Baths
2,108 Sq Ft
$416/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $332,500 $158 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $5,556/month

122 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • No HOA
  • Fairview Elementary School Rated A-
  • Workshop
  • 3 Car Direct Access Garage

About This Home

As of June 2019

Great opportunity to move into this wonderful Middletown development located close to Red Bank! This 3/4 Bedroom home offers high ceilings, living room, formal dining area, family room, Florida room, basement & some newer windows! Bring your renovation ideas! Home is set large property 110 x 114, Fenced in big back yard, and 3 Car Garage! True mailing address is Red Bank 07701. Sold completely as-is and C/O is the buyers responsibility. Close to NJ Transit into Manhattan, GS Pkwy, Schools, Restaurants, Shopping and more!

Last Agent to Sell the Property

Eva Acevedo

Weichert Realtors-Middletown Listed on: 12/23/2018

Co-Listed By

Debra Pizzo

Weichert Realtors-Middletown

Last Buyer's Agent

Nicholas Zinner

Real Broker, LLC- Red Bank License #1644301

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,548

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 110 x 114
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Workshop in Garage
  • Double-Wide Driveway

Home Design

  • Split Level Home
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Workroom
  • Utility Room
  • Laundry Room
  • Eat-In Kitchen
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Utility Basement
  • Workshop
  • Laundry in Basement

Outdoor Features

  • Patio

Schools

  • Fairview Elementary School
  • Bayshore Middle School
  • Middle North High School

Utilities

  • Zoned Heating
  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Shorecrest Subdivision

Listing and Financial Details

  • Exclusions: Personal Property, Refrigerator, Washer, Dryer
  • Assessor Parcel Number 32-00966-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,548

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 172
  • Co List Office Phone: 732-671-8000
  • Subdivision Name: Shorecrest
  • Architectural Style: Split Level
  • Reso Flooring: W/W Carpet, Wood
  • Reso Interior Features: Attic
  • Year Built: 1956
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 110 x 114
  • Location Middle School: Bayshore
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Parking Double Wide Drive: Yes
  • SidingAluminum: Yes
  • Interior Attic: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Exterior Sprinkler Under: Yes
  • Rooms Garage4: Yes
  • Parking Concrete: Yes
  • Basement Workshop Workbench: Yes
  • Heating Oil Above Ground: Yes
  • Kitchen Eat-In: Yes
  • Garage Oversized: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Style Split Level: Yes
  • Laundry Level Basement20: Yes
  • Garage Workshop Workbench2: Yes
  • Rooms Work Room: Yes
  • Work Room Level Basement4: Yes
  • Utility Room Level Basement5: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partial, Unfinished, Workshop/ Workbench
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 14
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Foyer: Yes
  • Basement:Partial: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal Property, Refrigerator, Washer, Dryer
  • Construction Type: Aluminum Siding
  • Exterior Features: Fence, Patio, Sprinkler Under

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Concrete, Double Wide Drive, Driveway, Direct Access, Oversized, Workshop in Garage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Oil Above Ground, HWBB, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Bayshore

Lot Info

  • Lot Dimensions: 110 x 114
  • Parcel #: 32-00966-0000-00002
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7548.0

MLS Schools

  • Elementary School: Fairview
  • High School: Middle North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2018
Closed on
May 30, 2019
Sold by
Dipaula Basil
Bought by
Riordan John and Riordan Carlie
Seller's Agent
Eva Acevedo
Weichert Realtors-Middletown
Buyer's Agent
Nicholas Zinner
Real Broker, LLC- Red Bank
Sold Price
$332,500
Current Estimated Value
$876,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,796
Avg. Annual Appreciation
16.60%
Original Mortgage
$266,000
Outstanding Balance
$233,405
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$642,891
Source: Public Records

Range of Values:

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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
Riordan John $332,500 Anchor Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riordan John $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $332,500 -- $158 / 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 $10,696 $754,700 $515,200 $239,500
2024 $11,104 $650,200 $415,100 $235,100
2023 $11,104 $638,900 $389,600 $249,300
2022 $10,213 $598,900 $361,500 $237,400
2021 $9,511 $491,000 $279,900 $211,100
2020 $8,144 $380,900 $271,500 $109,400
2019 $8,032 $380,300 $271,500 $108,800
2018 $7,548 $348,300 $244,600 $103,700
2017 $8,463 $386,600 $234,300 $152,300
2016 $8,157 $382,800 $234,300 $148,500
2015 $8,448 $382,800 $234,300 $148,500
2014 $8,221 $363,300 $214,300 $149,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Eva Acevedo

    Weichert Realtors-Middletown

  • D

    Seller Co-Listing Agent in 2019

    Debra Pizzo

    Weichert Realtors-Middletown

  • N

    Buyer's Agent in 2019

    Nicholas Zinner

    Real Broker, LLC- Red Bank

    (848) 218-2198

    4 in this area

    14 Total Sales

    Nicholas Zinner
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21847713

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00966-0000-00002

New Jersey Monmouth County Red Bank 07701 New Monmouth

40 David Terrace, Red Bank, NJ

This home is located at 40 David Terrace, Red Bank, NJ 07701 since 23 December 2018 and is currently estimated at $876,296, approximately $415 per square foot. This property was built in 1956. 40 David Terrace is a home located in Monmouth County with nearby schools including Fairview Elementary School, Bayshore Middle School, and Middletown High School North.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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