40 Elm Place Red Bank, NJ 07701
Estimated Value: $725,000 - $812,000
3
Beds
1.5
Baths
1,400
Sq Ft
$537/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- Attic
- Red Bank Reg High School Rated A
- Wood Flooring
- Sun or Florida Room
About This Home
As of March 2015CHARMING COLONIAL JUST BLOCKS TO DOWNTOWN RED BANK. THREE BEDROOMS, 1/1 BATHS, SPACIOUS LIVING ROOM WITH STONE WOOD BURNING FIREPLACE AND PANELED CEILING, LARGE DINING ROOM, KITCHEN WITH BUTLERS PANTRY, SUN ROOM AND BEAUTIFUL DECK. PRETTY, WELL LANDSCAPED YARD WITH LARGE SHED (USED TO BE GARAGE), NEWER GAS FURNACE, CENTRAL AIR, AND HOT WATER HEATER, WOOD FLOORS. FAMILY NEIGHBORHOOD AND WALKING DISTANCE TO SCHOOLS.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9031670 Listed on: 10/08/2014
Last Buyer's Agent
Mario Venancio
Gloria Nilson & Co. Real Estate
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,097
Year Built
- Built in 1917
Lot Details
- Lot Dimensions are 36x150
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,400 Sq Ft Home
- 2-Story Property
- Crown Molding
- Beamed Ceilings
- Ceiling Fan
- Light Fixtures
- Wood Burning Fireplace
- Thermal Windows
- Entrance Foyer
- Living Room
- Dining Room
- Sun or Florida Room
- Basement Fills Entire Space Under The House
- Storm Doors
- Attic
Kitchen
- Electric Cooktop
- Stove
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Exterior Lighting
- Storage Shed
Schools
- Red Bank Prm Elementary School
- Red Bank Reg High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: MASTER BEDROOM DRAPES
- Assessor Parcel Number 00057000000014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2014
Closed on
Mar 26, 2015
Sold by
Thompson Scott and Thompson Lori M
Bought by
Carey Timothy
Seller's Agent
Sherry Gross
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Mario Venancio
Gloria Nilson & Co. Real Estate
Sold Price
$395,000
Total Days on Market
93
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,217
Avg. Annual Appreciation
6.51%
Original Mortgage
$316,000
Outstanding Balance
$121,556
Interest Rate
3.02%
Mortgage Type
New Conventional
Estimated Equity
$630,661
Purchase Details
Closed on
Jun 4, 2004
Sold by
Patton James
Bought by
Thompson Scott and Thompson Lori
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.32%
Purchase Details
Closed on
Jul 22, 1996
Sold by
Pickett Dorothy
Bought by
Patton James and Minor Michele
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.4%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carey Timothy | $395,000 | Pure Title Llc | |
| Thompson Scott | $420,000 | -- | |
| Patton James | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carey Timothy | $130,635 | |
| Open | Carey Timothy | $316,000 | |
| Previous Owner | Thompson Scott | $281,247 | |
| Previous Owner | Thompson Scott | $297,000 | |
| Previous Owner | Thompson Scott | $50,000 | |
| Previous Owner | Thompson Scott | $294,000 | |
| Previous Owner | Patton James | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2015 03/26/15 | Sold | $395,000 | -- | $282 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,074 | $618,400 | $324,000 | $294,400 |
| 2023 | $11,074 | $579,500 | $293,300 | $286,200 |
| 2022 | $10,547 | $551,700 | $277,700 | $274,000 |
| 2021 | $10,547 | $471,500 | $222,100 | $249,400 |
| 2020 | $10,217 | $449,700 | $222,100 | $227,600 |
| 2019 | $9,793 | $442,900 | $222,100 | $220,800 |
| 2018 | $9,507 | $434,700 | $222,100 | $212,600 |
| 2017 | $9,145 | $433,400 | $222,100 | $211,300 |
| 2016 | $9,262 | $439,600 | $222,100 | $217,500 |
| 2015 | $7,971 | $392,100 | $262,100 | $130,000 |
| 2014 | $7,501 | $392,100 | $262,100 | $130,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sherry Gross
Seller's Agent in 2015
Sherry Gross
BHHS Fox & Roach
(732) 618-7599
2 in this area
46 Total Sales
-
Buyer's Agent in 2015
Mario Venancio
BHHS Fox & Roach
(732) 995-6244
15 in this area
430 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21437109
APN: 39-00057-0000-00014
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