NOT LISTED FOR SALE

420 Locust Point Rd Rumson, NJ 07760

Locust Neighborhood

Estimated Value: $1,212,000 - $3,898,000

4 Beds
4.5 Baths
4,366 Sq Ft
$608/Sq Ft Est. Value

Last Sold February 12, 2015

Last sale price $1,900,000 $435 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $16,139/month

32 Days on Market

Highlights

  • Paddocks
  • Custom Home
  • Wood Flooring
  • Navesink Elementary School Rated A
  • 5.57 Acre Lot
  • 2 Fireplaces

About This Home

As of February 2015

Private 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

Joan Penta McCoy

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #7940040

Berkshire Hathaway HomeServices Fox & Roach - Rumson

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,342

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Counter Top Range, Dishwasher, Dryer, Double Oven, Microwave, Refrigerator, Garbage Disposal, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Built-Ins, Ceilings - Beamed, Dec Molding, French Doors, In-Law Suite, Recessed Lighting
  • New Construction: No
  • Reso Other Structures: Horse Barn, Paddocks
  • Year Built: 1997
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 5.57
  • Location Middle School: Bayshore
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room Two Story2: Yes
  • Exterior Porch - Open: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Interior In-Law Suite: Yes
  • Included Double Oven: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Included Garbage Disposal: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Included Counter Top Range: Yes
  • Living Room Built-Ins2: Yes
  • SidingCedarShake: Yes
  • Interior Ceilings - Beamed: Yes
  • Foyer Dec Molding2: Yes
  • Dining Room French Doors3: Yes
  • GreatFamily Room Ceilings - Beamed3: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Rooms In-Law-Suite: Yes
  • Out Buildings Horse Barn: Yes
  • Out Buildings Paddocks: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Total Bedrooms: 10
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Den2: Yes
  • Basement:Partial: 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

Exterior Features

  • Roof: Shingle
  • Acres: 5.57
  • Waterfront: No
  • Exclusions: DR CHANDELIER, FOYER WALL SCONCES, GARAGE FRIDGE, MBED LAMPS
  • Construction Type: Shake Siding
  • Exterior Features: Fence, Patio, Porch - Open, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Driveway, Off Street, Direct Access
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Bayshore

Lot Info

  • Lot Size Sq Ft: 242629.2
  • Parcel #: 00840000000066

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 21342.0

MLS Schools

  • Elementary School: Navesink Elementary
  • High School: Middle South

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
Current Estimated Value
$2,653,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,912
Avg. Annual Appreciation
3.76%
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%
Source: Public Records

Range of Values:

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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
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

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 $25,483 $1,726,000 $621,400 $1,104,600
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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21438753

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00840-0000-00066