420 Locust Point Rd Rumson, NJ 07760
Locust NeighborhoodEstimated Value: $1,283,000 - $3,759,000
4
Beds
4.5
Baths
4,366
Sq Ft
$577/Sq Ft
Est. Value
Highlights
- Paddocks
- Custom Home
- Wood Flooring
- Navesink Elementary School Rated A
- 5.57 Acre Lot
- 2 Fireplaces
About This Home
As of February 2015Private 5.5 acre property within 2 minutes to the center of Rumson. This quiet but convenient setting features a stable, pasture, and access to 100's of acres of riding trails. Charming Anderson/Campanella designed cedar shake home. Formal living room with 30' ceilings, exposed beams, and wood-burning fireplace. Kitchen offers beautiful views of the property & opens to a comfortable FR. Spacious DR overlooks slate patio & rear grounds. Private 2nd flr inlaw suite. Mins to NYC high speed ferry.
Last Agent to Sell the Property
Philip Rotchford
Gloria Nilson & Co. Real Estate Listed on: 09/26/2014
Last Buyer's Agent
Berkshire Hathaway HomeServices Fox & Roach - Rumson License #7940040
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,342
Year Built
- Built in 1997
Lot Details
- 5.57 Acre Lot
- Fenced
Parking
- 2 Car Direct Access Garage
- Gravel Driveway
- Off-Street Parking
Home Design
- Custom Home
- Shingle Roof
- Cedar Shake Siding
- Shake Siding
Interior Spaces
- 4,366 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- Beamed Ceilings
- Recessed Lighting
- 2 Fireplaces
- Wood Burning Fireplace
- French Doors
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Den
- Partial Basement
Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Cooktop
- Portable Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Primary Bathroom is a Full Bathroom
- In-Law or Guest Suite
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
- Exterior Lighting
- Porch
Schools
- Navesink Elementary School
- Bayshore Middle School
- Middle South High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Septic System
Additional Features
- Horse or Livestock Barn
- Paddocks
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: DR CHANDELIER, FOYER WALL SCONCES, GARAGE FRIDGE, MBED LAMPS
- Assessor Parcel Number 00840000000066
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2014
Closed on
Jan 12, 2015
Sold by
Wolfe Deane B
Bought by
Phillips Robert J and Phillips Loren H
Seller's Agent
Philip Rotchford
Gloria Nilson & Co. Real Estate
Buyer's Agent
Joan Penta McCoy
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Sold Price
$1,900,000
Total Days on Market
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,645
Avg. Annual Appreciation
2.78%
Original Mortgage
$1,200,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 10, 1995
Sold by
Wolfe Deane
Bought by
Wade Peter and Wade Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.89%
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Phillips Robert J | $1,900,000 | Multiple | |
| Wade Peter | $1,050,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phillips Robert J | $250,000 | |
| Closed | Phillips Robert J | $1,200,000 | |
| Previous Owner | Wolfe Deane B | $450,000 | |
| Previous Owner | Wade Peter | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2015 02/12/15 | Sold | $1,900,000 | -- | $435 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $27,351 | $1,549,100 | $518,200 | $1,030,900 |
| 2023 | $27,351 | $1,573,700 | $498,200 | $1,075,500 |
| 2022 | $27,693 | $1,485,300 | $461,300 | $1,024,000 |
| 2021 | $27,693 | $1,170,200 | $420,600 | $749,600 |
| 2020 | $24,655 | $1,153,200 | $420,600 | $732,600 |
| 2019 | $24,453 | $1,157,800 | $420,600 | $737,200 |
| 2018 | $24,348 | $1,123,600 | $420,600 | $703,000 |
| 2017 | $23,559 | $1,109,200 | $420,600 | $688,600 |
| 2016 | $23,100 | $1,084,000 | $420,600 | $663,400 |
| 2015 | $22,073 | $1,033,400 | $420,600 | $612,800 |
| 2014 | $21,343 | $975,000 | $420,600 | $554,400 |
Source: Public Records
Agents Affiliated with this Home
-
P
Seller's Agent in 2015
Philip Rotchford
BHHS Fox & Roach
-
Joan Penta McCoy
Buyer's Agent in 2015
Joan Penta McCoy
BHHS Fox & Roach
(732) 618-7369
53 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21438753
APN: 32-00840-0000-00066
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