NOT LISTED FOR SALE

41 Smoke Tree Terrace Unit 155 Red Bank, NJ 07701

New Monmouth Neighborhood

Estimated Value: $535,373 - $579,000

2 Beds
2 Baths
1,386 Sq Ft
$313/mo HOA Fee

Last Sold May 19, 2023

Last sale price $432,500 $312 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,903/month

26 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Eat-In Kitchen
  • Active Adult
  • 1 Car Detached Garage
  • Walk-In Closet

About This Home

As of May 2023

Welcome to the sought after Shady Oaks Community!This sun-filled ''Villa'' model features two bedrooms and two full baths, an eat-in kitchen, spacious LR/DR area, and sun room. The Primary Suite includes a walk-in closet and attached bath. A single car garage is conveniently located directly in front of the home. Relax and enjoy the back patio. Shady Oaks Club House and in-ground pool are easily accessible from this location. This is an AS IS sale.

Last Agent to Sell the Property

Jean Smith

Berkshire Hathaway HomeServices Fox & Roach - Red Bank License #1435203 Listed on: 03/16/2023

Berkshire Hathaway HomeServices Fox & Roach - Red Bank

Last Buyer's Agent

Barbara Mulcahy

RE/MAX Integrity Advantage License #0230254

RE/MAX Integrity Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,274

Year Built

  • Built in 1982

Lot Details

  • 1,307

HOA Fees

  • $313 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Visitor Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,386 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Blinds
  • Sliding Doors

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 32-01014-0000-00135-0000-C0155

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, mgmt fees, pool, snow removal
  • Shady Oaks Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Community Pool
  • Snow Removal

Pet Policy

  • Limit on the number of pets

Security

  • Resident Manager or Management On Site
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,274

Year Built

Built in 1982

Lot Details

0

HOA Fees

$313 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • ResoPoolFeatures: Common, In Ground
  • Reso Association Amenities: Tennis Court, Professional Management, Association, Shuffleboard, Swimming, Pool, Clubhouse, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Shady Oaks
  • Architectural Style: Detached, Ranch
  • Reso Flooring: Laminate
  • Reso Interior Features: Sliding Door
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1982
  • Contract Info List PriceSqFt: 316.74
  • Contract Info New Construction: No
  • 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
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.03
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Common Elements Clubhouse: Yes
  • Exterior Storm Door(s): Yes
  • Style Ranch: Yes
  • Foyer Floor - Laminate: Yes
  • Floors Laminate: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Shuffleboard: Yes
  • Common Elements Tennis Court: Yes
  • Allowable One Cat: Yes
  • Allowable One Dog: Yes
  • Parking Visitor: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Waterfront: No
  • Exterior Features: Patio, Storm Door(s), Swimming, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Visitor
  • General Property Info:Garage: 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: 938.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 32-01014-0000-00135-0000-C0155

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7274.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 11, 2023
Sold by
Steinberg Gertrude A
Bought by
Mcmahon Genelle Marie
Seller's Agent
Jean Smith
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
Buyer's Agent
Barbara Mulcahy
RE/MAX Integrity Advantage
List Price
$459,000
Sold Price
$432,500
Premium/Discount to List
-$26,500
-5.77%
Views
145
Current Estimated Value
$555,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,093
Avg. Annual Appreciation
10.28%
Original Mortgage
$342,500
Outstanding Balance
$333,046
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$222,547

Purchase Details

Closed on
Jan 4, 2002
Sold by
Daalder Charles
Bought by
Steinberg Frank and Steinberg Gertrude
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
Mcmahon Genelle Marie $432,500 Foundation Title
Mcmahon Genelle Marie $432,500 Foundation Title
Steinberg Frank $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Genelle Marie $342,500
Closed Mcmahon Genelle Marie $342,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $432,500 -1.5% $312 / Sq Ft
04/03/2023 04/03/23 Price Changed $439,000 -4.4% $317 / Sq Ft
03/16/2023 03/16/23 For Sale $459,000 -- $331 / 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 $8,019 $538,800 $335,000 $203,800
2024 $7,399 $487,500 $285,000 $202,500
2023 $7,399 $425,700 $235,000 $190,700
2022 $6,369 $386,300 $200,000 $186,300
2021 $6,369 $330,700 $165,000 $165,700
2020 $6,606 $309,000 $145,000 $164,000
2019 $6,562 $310,700 $145,000 $165,700
2018 $6,282 $289,900 $130,000 $159,900
2017 $5,843 $275,100 $120,000 $155,100
2016 $5,121 $240,300 $100,000 $140,300
2015 $5,385 $252,100 $120,000 $132,100
2014 $5,269 $240,700 $120,000 $120,700
Source: Public Records

Agents Affiliated with this Home

  • Jean Smith

    Seller's Agent in 2023

    Jean Smith

    BHHS Fox & Roach

    (732) 939-0275

    4 in this area

    32 Total Sales

    Jean Smith
    Section Image
  • Barbara Mulcahy

    Buyer's Agent in 2023

    Barbara Mulcahy

    RE/MAX

    (908) 296-9073

    1 in this area

    38 Total Sales

    Barbara Mulcahy
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22306686

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01014-0000-00135-0000-C0155

New Jersey Monmouth County Red Bank 07701 New Monmouth

41 Smoke Tree Terrace Unit 155, Red Bank, NJ

Not Listed for Sale

Condos

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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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