NOT LISTED FOR SALE

Estimated Value: $392,000 - $478,000

2 Beds
2.5 Baths
1,652 Sq Ft
$274/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $432,000 $262 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,276/month

10 Days on Market

Highlights

  • Walk-In Closet
  • Breakfast Bar
  • Resident Manager or Management On Site
  • Monmouth Regional High School Rated A-
  • Patio
  • Ceramic Tile Flooring

About This Home

As of April 2024

Welcome to Park Place II and 40 Richmond Ct. This charming, well-maintained 3-floor townhouse is nestled in picturesque Park Place II. The home boasts an open entertainment concept, with a spacious living/dining room combination that leads to a private patio through a slider door. The large eat-in kitchen features a breakfast bar, perfect for casual dining. The master bedroom is a true retreat, with a vaulted ceiling, two walk-in closets, and a beautifully appointed master bath with a soaking tub, luxurious stall shower with rain shower head. The second bedroom is generously sized. The third-floor loft is a versatile space that can be used as a gym, office, or additional living area. The home has many updates including newer carpeting throughout. New windows and sliding door with lifetime warranty which can be transferred. All ductwork recently cleaned.

Last Agent to Sell the Property

Darren Tietsworth

RE/MAX Select License #1758619 Listed on: 03/18/2024

RE/MAX Select

Last Buyer's Agent

Christiana Pastore

RE/Max of Princeton License #1430241

RE/Max of Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,919

Year Built

  • Built in 1995

Lot Details

  • 871

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,652 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Gas Fireplace
  • Blinds
  • Sliding Doors

Kitchen

  • Breakfast Bar
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Schools

  • Mahala F. Atchison Elementary School
  • Tinton Falls Middle School
  • Monmouth Reg High School

Utilities

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

Additional Features

  • Patio
  • 871 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Clothes Washer / Dryer
  • Assessor Parcel Number 49-00124-50-00110

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, snow removal
  • Park Place Ii Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,919

Year Built

Built in 1995

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Tennis Court, Professional Management, Association
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Snow Removal
  • Inclusions: Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Light Fixtures, Stove, Refrigerator
  • Subdivision Name: Park Place II
  • Architectural Style: Townhouse
  • Reso Flooring: Vinyl, Ceramic Tile
  • Reso Interior Features: Breakfast Bar
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1995
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.02
  • Location Middle School: Tinton Falls
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Vinyl3: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Garage None4: Yes
  • Style Townhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Breakfast Cntr: Yes
  • Water Heater Tank: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Stories: 3
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.02
  • Waterfront: No
  • Exclusions: Clothes Washer / Dryer
  • Exterior Features: Patio, Tennis Court(s)
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: 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: 233.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Tinton Falls

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 49-00124-50-00110
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5919.0

MLS Schools

  • Elementary School: Mahala F. Atchison
  • High School: Monmouth Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Apr 30, 2024
Sold by
Robert D Cadmus Revocable Trust and Peggy L Cadmus Revocable Trust
Bought by
Ferrara Theodore and Ferrara Louis
Seller's Agent
Darren Tietsworth
RE/MAX Select
Buyer's Agent
Christiana Pastore
RE/Max of Princeton
List Price
$432,000
Sold Price
$432,000
Views
89
Current Estimated Value
$467,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,955
Avg. Annual Appreciation
5.07%

Purchase Details

Closed on
Jan 6, 2023
Sold by
Cadmus Robert D and Cadmus Peggy L
Bought by
Robert D Cadmus Revocable Trust and Peggy L Cadmus Revocable Trust

Purchase Details

Closed on
Feb 22, 1995
Sold by
Hovbilt Inc
Bought by
Camdus Robert and Camdus Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.17%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ferrara Theodore $432,000 Counsellors Title
Robert D Cadmus Revocable Trust -- None Listed On Document
Camdus Robert $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cadmus Robert D $258,500
Previous Owner Cadmus Robert D $270,000
Previous Owner Cadmus Robert D $230,000
Previous Owner Cadmus Robert D $45,000
Previous Owner Camdus Robert $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $432,000 0.0% $262 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $432,000 -- $262 / 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
2024 $5,919 $408,800 $207,200 $201,600
2023 $5,919 $387,900 $190,000 $197,900
2022 $5,250 $298,400 $110,000 $188,400
2021 $5,235 $272,600 $105,000 $167,600
2020 $5,363 $268,800 $105,000 $163,800
2019 $5,235 $262,800 $100,000 $162,800
2018 $5,101 $255,300 $100,000 $155,300
2017 $5,030 $245,500 $95,000 $150,500
2016 $4,961 $236,700 $90,000 $146,700
2015 $4,860 $234,800 $90,000 $144,800
2014 $4,938 $228,200 $70,000 $158,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22407350

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 49-00124-50-00110