NOT LISTED FOR SALE

41 Madison Ct Unit 31 Tinton Falls, NJ 07712

Estimated Value: $488,000 - $504,000

2 Beds
2.5 Baths
1,581 Sq Ft
$217/mo HOA Fee

Last Sold April 15, 2021

Last sale price $340,000 $215 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,354/month

19 Days on Market

Highlights

  • Bay View
  • Loft
  • Breakfast Area or Nook
  • Whirlpool Bathtub
  • End Unit
  • Skylights

About This Home

As of April 2021

End Unit Townhome in Park Place II! Features Include Eat-in Kitchen w/Breakfast Bar-Open to Separate Dining Room. Bright Open Living Room w/ Gas Fireplace & 2 Sets of Sliders to Large Extended Private Patio. Tons of natural light throughout this home. Huge Master Bedroom Suite w/Vaulted Ceiling, Wall of Windows & Walk-In Closet. Master Bath has Luxurious Jacuzzi Jetted Tub, Shower & Double Sinks. Sizeable 2nd Bedroom w/Closets & Full Bathroom in the Hall. 3rd Floor Loft with a Bonus Room...Great for Home Gym or Office! Plenty of Storage Space. This community is approved for VA and FHA loans. Park Place II is within minutes to the GSP, Route 18, Jersey Shore Outlets, fantastic restaurants and our great beaches. Pet friendly community.

Last Agent to Sell the Property

Chris Katz

RE/MAX Synergy Listed on: 02/20/2021

Last Buyer's Agent

Salvatrice Talbot

Preferred Properties Real Estate License #1430976

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,382

Lot Details

  • 697

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Skylights
  • Light Fixtures
  • Gas Fireplace
  • Bay Window
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room
  • Loft
  • Bonus Room
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • Open Parking

Schools

  • Tinton Falls Middle School

Utilities

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

Additional Features

  • Patio
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 49-00124-51-00031

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include common area, lawn maintenance, mgmt fees
  • Park Place II Subdivision

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,382

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Professional Management, Association
  • Reso Association Fee Includes: Common Area, Lawn Maintenance, Mgmt Fees
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Stove, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: Park Place II
  • Architectural Style: End Unit
  • Reso Flooring: Ceramic Tile, Laminate, W/W Carpet
  • Reso Interior Features: Bay/Bow Window, Bonus Room, Loft, Skylight, Sliding Door
  • Property Attached Yn: Yes
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Fee Includes Common Area2: Yes
  • Location Middle School: Tinton Falls
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Living Room Fireplace - Gas7: Yes
  • Interior BayBow Window: Yes
  • Rooms Bonus Room2: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Kitchen BnookDining Area: Yes
  • Interior Loft: Yes
  • Living Room Sliding Door2: Yes
  • Rooms Loft2: Yes
  • Style End Unit: Yes
  • Interior Bonus Room: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath TRYVLTCATH2: Yes
  • Primary Bath Whirlpool: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, None
  • General Property Info:Garage: No
  • Parking Open: 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: 217.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Schools

  • Middle Or Junior School: Tinton Falls

Lot Info

  • Parcel #: 49-00124-51-00031
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5382.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2021
Closed on
Apr 1, 2021
Sold by
Bgrs Relocation Inc
Bought by
Theodora Charles and Theodora Cheryl
Seller's Agent
Chris Katz
RE/MAX Synergy
Buyer's Agent
Salvatrice Talbot
Preferred Properties Real Estate
List Price
$315,000
Sold Price
$340,000
Premium/Discount to List
$25,000
7.94%
Current Estimated Value
$495,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,219
Avg. Annual Appreciation
8.42%
Original Mortgage
$265,600
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2021
Closed on
Mar 9, 2021
Sold by
Tobin Darya
Bought by
Bgrs Relocation Inc
Seller's Agent
Chris Katz
RE/MAX Synergy
Buyer's Agent
Salvatrice Talbot
Preferred Properties Real Estate
List Price
$315,000
Sold Price
$340,000
Premium/Discount to List
$25,000
7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2007
Sold by
Pisani Laraine
Bought by
Tobin Darya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1997
Sold by
Hovbilt Inc
Bought by
Fantasia Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Theodora Charles $332,000 All Ahead Title Agency
Bgrs Relocation Inc $332,000 All Ahead Title Agency
Bgrs Relocation Inc $332,000 All Ahead Title
Tobin Darya $310,000 Fidelity Natl Title Ins Co
Fantasia Toni $132,815 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Theodora Charles $265,600
Previous Owner Tobin Darya $300,700
Previous Owner Fantasia Toni $103,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $340,000 +7.9% $215 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $315,000 -- $199 / 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 $6,480 $485,800 $245,500 $240,300
2024 $6,067 $450,300 $215,500 $234,800
2023 $6,067 $397,600 $175,000 $222,600
2022 $5,397 $326,900 $115,000 $211,900
2021 $5,382 $280,200 $105,000 $175,200
2020 $5,510 $276,200 $105,000 $171,200
2019 $5,382 $270,200 $100,000 $170,200
2018 $5,255 $263,000 $100,000 $163,000
2017 $5,227 $255,100 $95,000 $160,100
2016 $5,198 $248,000 $90,000 $158,000
2015 $5,009 $242,000 $90,000 $152,000
2014 $5,109 $236,100 $70,000 $166,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22104876

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 49-00124-51-00031