NOT LISTED FOR SALE

424 Melrose Way Monroe Township, NJ 08831

Estimated Value: $543,000 - $609,000

2 Beds
2 Baths
1,867 Sq Ft
$310/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $530,000 $284 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,125/month

14 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • Attic
  • Active Adult
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of September 2023

Come see this beautiful 2 bedroom, 2 bathroom home in Encore 55+ community. The living room and dining room are both spacious and inviting. The large eating kitchen has plenty of counter space and storage. The den and family room are perfect for relaxing or entertaining guests. The master bedroom has two walk-in closets and a soaking tub and shower stall. The second bedroom is a nice size and could be used as a guest room, or office. The two-car garage is spacious and has plenty of storage. The laundry room is conveniently located off the garage. Encore offers so many activities, tennis, pickleball, pool, bocce ball, clubhouse activities and so much more. This home has everything you need to make it your dream home. Come see it today!

Last Agent to Sell the Property

Kathrine See

Weichert Realtors-Toms River License #0229975 Listed on: 08/01/2023

Weichert Realtors-Toms River

Last Buyer's Agent

Jason Gumnitz

RE/MAX Central License #1221734

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,741

Year Built

  • Built in 2004

Lot Details

  • 3,485 Sq Ft Lot
  • Landscaped

HOA Fees

  • $412 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Double-Wide Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,867 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Patio
  • Exterior Lighting
  • Outdoor Gas Grill

Schools

  • Monroe Twp High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12-00042-0000-00025-0000-C424

Community Details

Overview

  • Active Adult
  • Association fees include trash, common area, mgmt fees, pool
  • Encore Subdivision, Bethoven Floorplan

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Bocce Ball Court
  • Community Pool

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,741

Year Built

Built in 2004

Lot Details

0

HOA Fees

$412 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Model: Bethoven
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court(s), Association, Swimming, Pool, Clubhouse, Common Area, Landscaping, Bocci
  • Reso Association Fee Includes: Trash, Common Area, Mgmt Fees, Pool
  • Inclusions: Outdoor Lighting, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Refrigerator, Garage Door Opener, Gas Grill, Gas Cooking
  • Subdivision Name: Encore
  • Architectural Style: Ranch, Detached
  • Reso Flooring: Ceramic Tile, Wood, Other
  • Reso Interior Features: Attic
  • New Construction: No
  • Year Built: 2004
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Pool3: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.08
  • General Property Info Farm: No
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • Parking Double Wide Drive: Yes
  • Interior Attic: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Common Elements Clubhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Common Elements Landscaping: Yes
  • Rooms Garage4: Yes
  • Foyer Floor - Wood: Yes
  • Style Ranch: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Style Detached2: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Gas Grill: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Common Elements Bocci: Yes
  • Rooms Breakfast: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Total Bedrooms: 13
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.08
  • Waterfront: No
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Direct Access, Paved, Asphalt, Double Wide Drive, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 412.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Trash: Yes

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 12-00042-0000-00025-0000-C424
  • Zoning Description: Residential, Single Family

MLS Schools

  • High School: Monroe Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 24, 2023
Sold by
Mcghee Raymond L
Bought by
Orlando Ahdyne and Orlando John
Seller's Agent
Kathrine See
Weichert Realtors-Toms River
Buyer's Agent
Jason Gumnitz
RE/MAX Central
List Price
$530,000
Sold Price
$530,000
Views
229
Current Estimated Value
$578,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,637
Avg. Annual Appreciation
4.44%
Original Mortgage
$165,000
Outstanding Balance
$161,604
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$417,033

Purchase Details

Closed on
Oct 28, 2015
Sold by
Basch Judith S
Bought by
Mcghee Raymond L and Mcghee Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Closed on
Oct 21, 2005
Sold by
Kalian/Spectrum Monroe Llc
Bought by
Basch Henry and Basch Judith
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
Orlando Ahdyne $530,000 Shepherd Title
Orlando Ahdyne $530,000 Shepherd Title
Mcghee Raymond L $325,000 Wfg National Title Insurance
Basch Henry $394,409 --
-- $394,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orlando Ahdyne $165,000
Closed Orlando Ahdyne $165,000
Previous Owner Mcghee Raymond L $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $530,000 0.0% $284 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $530,000 -- $284 / 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 $7,741 $280,000 $100,000 $180,000
2024 -- $275,400 $100,000 $175,400
2023 -- $275,400 $100,000 $175,400
2022 $0 $275,400 $100,000 $175,400
2021 $0 $275,400 $100,000 $175,400
2020 $0 $275,400 $100,000 $175,400
2019 $6,885 $275,400 $100,000 $175,400
2018 $0 $275,400 $100,000 $175,400
2017 $0 $275,400 $100,000 $175,400
2016 $6,885 $275,400 $100,000 $175,400
2015 $6,470 $275,400 $100,000 $175,400
2014 $6,244 $275,400 $100,000 $175,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22320397

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-00042-0000-00025-0000-C424