NOT LISTED FOR SALE

40 Melrose Terrace Middletown, NJ 07748

New Monmouth Neighborhood

Estimated Value: $934,000 - $998,000

2 Beds
2 Baths
3,102 Sq Ft
$224/mo HOA Fee

Last Sold August 29, 2014

Last sale price $251,500 $81 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $6,428/month

40 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • Sun or Florida Room
  • Active Adult
  • Attic
  • 1 Car Detached Garage

About This Home

As of August 2014

Actual zip is 07701.Villa with garage...desirable location...original owner...needs some tweaking...AC and furnace replaced approx. 6 years ago. Front windows replaced 5 yrs. ago. Hot water heater replaced. This will not last long, be guided accordingly.

Last Agent to Sell the Property

Sue Ann Alexanian

Gloria Nilson & Co. Real Estate License #7830501 Listed on: 05/14/2014

Last Buyer's Agent

Ann Morris

Berkshire Hathaway HomeServices Fox & Roach- Shrewsbury License #0337985

Berkshire Hathaway HomeServices Fox & Roach- Shrewsbury

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,901

Year Built

  • Built in 1982

Lot Details

  • 0.71

HOA Fees

  • $224 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 01014000000288

Community Details

Overview

  • Active Adult
  • Association fees include common area, exterior maint, pool, snow removal
  • Shady Oaks Subdivision, Villa Floorplan
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Recreation Room

Recreation

  • Community Pool
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,901

Year Built

Built in 1982

Lot Details

0

HOA Fees

$224 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Model: VILLA
  • Reso Association Amenities: Community Room, Swimming, Clubhouse
  • Reso Association Fee Includes: Common Area, Exterior Maint, Pool, Snow Removal
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Shady Oaks
  • Architectural Style: Detached, Condo
  • Reso Interior Features: Attic, Sliding Door
  • Property Attached Yn: Yes
  • Year Built: 1982
  • 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
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Community Room: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Common Elements Clubhouse: Yes
  • Included Ceiling Fan(s): Yes
  • SidingBrick: Yes
  • Kitchen Eat-In: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: PERSONAL PROPERTY.
  • Construction Type: Brick
  • Exterior Features: Patio, Lighting
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, On Street
  • General Property Info:Garage: Yes
  • Parking:Assigned: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 672.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Lot Info

  • Parcel #: 01014000000288

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4901.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $251,500 -- $81 / 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 $13,206 $860,600 $415,300 $445,300
2024 $11,090 $802,800 $365,700 $437,100
2023 $11,090 $638,100 $301,500 $336,600
2022 $11,150 $595,600 $270,700 $324,900
2021 $11,150 $548,100 $239,200 $308,900
2020 $11,389 $532,700 $246,700 $286,000
2019 $11,217 $531,100 $246,700 $284,400
2018 $11,496 $530,500 $259,400 $271,100
2017 $11,686 $550,200 $254,600 $295,600
2016 $11,567 $542,800 $254,600 $288,200
2015 $11,329 $542,100 $254,600 $287,500
2014 $10,450 $488,800 $226,100 $262,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sue Ann Alexanian

    BHHS Fox & Roach

  • A

    Buyer's Agent in 2014

    Ann Morris

    BHHS Fox & Roach

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21419053

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00632-0000-00108

New Jersey Monmouth County Middletown 07748 New Monmouth

40 Melrose Terrace, Middletown, NJ

This home is located at 40 Melrose Terrace, Middletown, NJ 07748 since 14 May 2014 and is currently estimated at $962,492, approximately $310 per square foot. This property was built in 1982. 40 Melrose Terrace is a home located in Monmouth County with nearby schools including New Monmouth Elementary School, Thorne 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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