NOT LISTED FOR SALE

40 Spring St Red Bank, NJ 07701

Estimated Value: $639,664 - $805,000

4 Beds
1.5 Baths
1,470 Sq Ft
$505/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $290,000 $197 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $4,767/month

33 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Corner Lot
  • Red Bank Reg High School Rated A
  • Attic
  • No HOA

About This Home

As of May 2016

Great spot in Red Bank, so much potential here at this 4 bedroom 1 and a half bath home. A few special touches will make this a charming home. Located on a corner lot in the heart of town. Home offers driveway, basement, attic, great rear yard and brick patio. Home is being sold in as is condition, and there is tank insurance.

Last Agent to Sell the Property

Karin Busichio

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9235059 Listed on: 01/21/2016

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Karin Busichio

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9235059 Listed on: 01/21/2016

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,081

Year Built

  • Built in 1927

Lot Details

  • Lot Dimensions are 31 x 90
  • Fenced
  • Corner Lot

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Portable Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil Below Ground
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 39-00025-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,081

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Inclusions: Wall Oven, Ceiling Fan(s), Counter Top Range, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Laminate, Linoleum/Vinyl, Wood
  • Reso Interior Features: Attic, Attic - Walk Up
  • Year Built: 1927
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 31 x 90
  • Location Middle School: Red Bank
  • Lot Description Corner Lot: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • Interior Attic: Yes
  • Exterior Porch - Open: Yes
  • Included Ceiling Fan(s): Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Floor - Laminate3: Yes
  • Floors Laminate: Yes
  • Kitchen Floor - Laminate2: Yes
  • Interior Attic - Walk Up: Yes
  • Included Counter Top Range: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 7
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Foyer: Yes
  • Appliances Included:Wall Oven: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Fence, Patio, Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Oil Below Ground, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 31 x 90
  • Parcel #: 39-00025-0000-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7081.0

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2016
Closed on
May 27, 2016
Sold by
Nirvana Holdings
Bought by
Lee Daniel and Lee Jennifer
Seller's Agent
Karin Busichio
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Karin Busichio
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Sold Price
$290,000
Current Estimated Value
$741,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,666
Avg. Annual Appreciation
10.44%
Original Mortgage
$232,000
Outstanding Balance
$185,066
Interest Rate
3.64%
Estimated Equity
$556,600

Purchase Details

Listed on
Oct 9, 2015
Closed on
Feb 1, 2016
Sold by
Stone Foundation Of New J Ersey
Bought by
Nirvana Holdings Llc
Seller's Agent
Elizabeth DeBree
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Karin Busichio
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Sold Price
$239,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.87%
Interest Rate
3.79%

Purchase Details

Closed on
Oct 20, 2015
Sold by
Iiuber Caroline P
Bought by
The Stone Foundation Of New Jersey
Source: Public Records

Range of Values:

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Average Value
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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
Lee Daniel -- --
Nirvana Holdings Llc $239,900 --
The Stone Foundation Of New Jersey -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nirvana Holdings Llc $232,000
Closed Nirvana Holdings Llc --
Previous Owner Nirvana Holdings Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2016 05/03/16 Sold $290,000 +20.9% $197 / Sq Ft
01/20/2016 01/20/16 Sold $239,900 -- $163 / Sq Ft View Prior Sale
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 $9,974 $596,800 $366,700 $230,100
2024 $9,408 $528,000 $306,700 $221,300
2023 $9,408 $492,300 $277,200 $215,100
2022 $8,888 $468,100 $262,200 $205,900
2021 $8,888 $397,300 $209,800 $187,500
2020 $8,654 $380,900 $209,800 $171,100
2019 $8,309 $375,800 $209,800 $166,000
2018 $8,083 $369,600 $209,800 $159,800
2017 $6,701 $317,600 $209,800 $107,800
2016 $6,633 $314,800 $209,800 $105,000
2015 $7,081 $348,300 $249,800 $98,500
2014 $6,663 $348,300 $249,800 $98,500
Source: Public Records

Agents Affiliated with this Home

  • Karin Busichio

    Seller's Agent in 2016

    Karin Busichio

    BHHS Fox & Roach

    (732) 735-6657

    86 Total Sales

    Karin Busichio
    Section Image

  • E

    Seller's Agent in 2016

    Elizabeth DeBree

    BHHS Fox & Roach

    (732) 859-8848

    2 Total Sales

    Elizabeth DeBree
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21602562

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00025-0000-00003

New Jersey Monmouth County Red Bank 07701

40 Spring St, Red Bank, NJ

This home is located at 40 Spring St, Red Bank, NJ 07701 since 21 January 2016 and is currently estimated at $741,666, approximately $504 per square foot. This property was built in 1927. 40 Spring St is a home located in Monmouth County with nearby schools including Red Bank Primary School, Red Bank Middle School, and Red Bank Reg High School.

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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