NOT LISTED FOR SALE

43 Elm Place Red Bank, NJ 07701

Estimated Value: $727,144 - $778,000

3 Beds
1.5 Baths
1,366 Sq Ft
$555/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $653,000 $478 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,923/month

26 Days on Market

Highlights

  • New Kitchen
  • Colonial Architecture
  • Engineered Wood Flooring
  • Red Bank Reg High School Rated A
  • Deck
  • Attic

About This Home

As of October 2022

Welcome to 43 Elm Place, Red Bank. This Charming 3 Bedroom, 1 ½ Bath Colonial Home is Beautifully Updated and Ready for its New Owners. Open Front Porch. Kitchen Features Decora Cabinets, Granite Counters and Stainless Appliances. Mirage Engineered Hard Wood Floors Throughout. Updated Powder Room & Main Bath, Newer Windows, Detached 2 Car Garage, Oversized Driveway, Extra Deep Lot. Partially Finished Basement, Plenty of Storage, This Ideal Location is Close to Downtown Red Bank Shops & Restaurants, Schools, Beaches and Commuter Train to New York City. Make Your Appointment Today!

Last Listed By

Natalie Perrone

Coldwell Banker Realty Brokerage Phone: 732-895-3655 License #0447168 Listed on: 08/27/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,252

Year Built

  • Built in 1925

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 35 x 246
  • Oversized Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Window Screens
  • Living Room
  • Dining Room
  • Engineered Wood Flooring
  • Storm Doors
  • Attic

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Central Air
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 39-00049-0000-00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,252

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 732-895-3655
  • ResoLotFeatures: Oversized
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Stove, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Flooring: Engineered
  • Reso Interior Features: Attic, Dec Molding
  • Year Built: 1925
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Living Room Floor - Engineered: Yes
  • Dining Room Floor - Engineered2: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Kitchen Floor - Engineered3: Yes
  • General Property Info Acreage: 0.2
  • General Property Info Lot Dimensions: 35 x 246
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Exterior Storm Door(s): Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Lot Description Oversized3: Yes
  • Basement Workshop Workbench: Yes
  • Living Room Dec Molding3: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Workshop/ Workbench, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.2
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Deck, Storm Door(s), Porch - Covered, Lighting
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 35 x 246
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 39-00049-0000-00032
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10252.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2022
Closed on
Oct 27, 2022
Sold by
Lobosco Stephen
Bought by
Pelzar Alexander M
Seller's Agent
Natalie Perrone
Coldwell Banker Realty
Buyer's Agent
Christele Terranova-beam
Coldwell Banker Realty
List Price
$659,900
Sold Price
$653,000
Premium/Discount to List
-$6,900
-1.05%
Total Days on Market
26
Views
51
Current Estimated Value
$758,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,286
Avg. Annual Appreciation
5.10%
Original Mortgage
$587,700
Outstanding Balance
$574,015
Interest Rate
6.92%
Mortgage Type
Balloon
Estimated Equity
$166,144

Purchase Details

Closed on
Jun 19, 2007
Sold by
Stein Marc and Stein Rachel
Bought by
Lobosco Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Mobility Cendant
Bought by
Stein Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.94%

Purchase Details

Closed on
Apr 16, 2004
Sold by
Gurnavage James
Bought by
Mobility Cendant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.94%

Purchase Details

Closed on
Sep 19, 1997
Sold by
Loesch Leonard
Bought by
Gurnavage James and Helgesen Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
7.46%

Purchase Details

Closed on
Aug 30, 1995
Sold by
Hickey Francis
Bought by
Briscione Gerald and Meyers Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.81%

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
Pelzar Alexander M $653,000 --
Lobosco Stephen $449,500 Chicago Title Insurance Co
Stein Marc $395,000 --
Mobility Cendant $395,000 --
Gurnavage James $162,000 --
Briscione Gerald $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelzar Alexander M $587,700
Previous Owner Lobosco Stephe $25,000
Previous Owner Lobosco Stephen $277,000
Previous Owner Lobosco Stephen M $288,000
Previous Owner Lobosco Stephen $285,000
Previous Owner Stein Marc $316,000
Previous Owner Gurnavage James $154,000
Previous Owner Briscione Gerald $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $653,000 -1.0% $478 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $659,900 -- $483 / 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
2024 $10,790 $601,900 $327,200 $274,700
2023 $10,790 $564,600 $296,300 $268,300
2022 $10,252 $537,400 $280,600 $256,800
2021 $10,252 $458,300 $224,500 $233,800
2020 $9,947 $437,800 $224,500 $213,300
2019 $9,538 $431,400 $224,500 $206,900
2018 $8,905 $407,200 $224,500 $182,700
2017 $8,567 $406,000 $224,500 $181,500
2016 $8,455 $401,300 $224,500 $176,800
2015 $8,368 $411,600 $264,500 $147,100
2014 $7,874 $411,600 $264,500 $147,100
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22227022

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00049-0000-00032