NOT LISTED FOR SALE

45 Elm Ln Shrewsbury, NJ 07702

Estimated Value: $929,797 - $1,085,000

4 Beds
2.5 Baths
2,168 Sq Ft
$470/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $555,000 $256 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,454/month

125 Days on Market

Highlights

  • Custom Home
  • No HOA
  • Oversized Lot
  • Shrewsbury Elementary School Rated A-
  • Built-In Double Oven
  • Thermal Windows

About This Home

As of November 2019

Mid-century modern at its very best on one of Shrewsbury's finest streets. Truly so interesting with 4 bedrooms, 2.5 baths and a floor plan that can be adapted for all lifestyles. Custom designed for the owners in Frank Lloyd Wright style and built in 1958. Many unique features and a beautiful blend of traditional and mid-century favorites. Knotty cypress paneling, skylights and cove lighting. Many custom built-ins throughout. Great closet space including walk-in cedar in master. Full finished basement. Covered carport with entry into kitchen. Charming, private brick patio opening from family room. Bring your creative talents to make this gem really shine.

Last Agent to Sell the Property

Judy Martinelly

Brokers 3 Realtors License #7939501 Listed on: 06/06/2019

Last Buyer's Agent

Judy Martinelly

Brokers 3 Realtors License #7939501 Listed on: 06/06/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,819

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 100 x 150
  • Oversized Lot
  • Landscaped with Trees

Home Design

  • Custom Home
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Track Lighting
  • Light Fixtures
  • Wood Burning Fireplace
  • Thermal Windows
  • Window Screens
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Electric Cooktop
  • Portable Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Oversized Parking
  • Covered Parking
  • Paved Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Shrewsbury Bor Elementary And Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 44-00061-0000-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,819

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Treed Lots
  • Inclusions: Outdoor Lighting, Washer, Wall Oven, Track Lighting, Ceiling Fan(s), Counter Top Range, Dishwasher, Dryer, Electric Cooking, Double Oven, Light Fixtures, Refrigerator, Screens
  • Subdivision Name: None
  • Architectural Style: Custom, Ranch
  • Reso Flooring: See Remarks, Other
  • Reso Interior Features: Dec Molding, Skylight, Sliding Door, Recessed Lighting
  • Year Built: 1958
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 100 x 150
  • Location Middle School: Shrewsbury BOR
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Treed Lots: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Style Ranch: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Included Double Oven: Yes
  • Kitchen Eat-In: Yes
  • Parking Oversized2: Yes
  • Included Counter Top Range: Yes
  • Living Room Built-Ins2: Yes
  • Siding Wood2: Yes
  • Dining Room Built-Ins3: Yes
  • Included Track Lighting: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Ceilings - High, Finished, Full Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • Stories: 1
  • Basement Finished: Yes
  • 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
  • Kitchen Pantry: Yes
  • Appliances Included:Wall Oven: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Patio, Thermal Window, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Covered, None
  • General Property Info:Garage: No
  • Parking:Covered2: Yes
  • Parking:Paved: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Shrewsbury BOR

Lot Info

  • Lot Dimensions: 100 x 150
  • Parcel #: 44-00061-0000-00011
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11819.0

MLS Schools

  • Elementary School: Shrewsbury Bor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Nov 22, 2019
Sold by
Genovese
Bought by
Morales Medina Hector
Seller's Agent
Judy Martinelly
Brokers 3 Realtors
Buyer's Agent
Judy Martinelly
Brokers 3 Realtors
Sold Price
$555,000
Current Estimated Value
$1,017,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,949
Avg. Annual Appreciation
10.79%
Original Mortgage
$521,156
Outstanding Balance
$459,392
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$558,557

Purchase Details

Closed on
Jul 8, 1994
Sold by
Genovese Rose
Bought by
Six Peninsula Ave Sea Bright

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

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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
Morales Medina Hector $555,000 Ats Title Agency Inc
Six Peninsula Ave Sea Bright $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Medina Hector $521,156
Previous Owner Six Peninsula Ave Sea Bright $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $555,000 -- $256 / 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 $12,877 $770,300 $364,000 $406,300
2024 $13,088 $702,900 $305,000 $397,900
2023 $13,088 $694,700 $305,300 $389,400
2022 $12,066 $635,400 $305,300 $330,100
2021 $12,066 $568,900 $305,300 $263,600
2020 $11,919 $561,400 $305,300 $256,100
2019 $11,883 $554,000 $305,300 $248,700
2018 $11,820 $549,500 $305,300 $244,200
2017 $11,252 $526,800 $290,000 $236,800
2016 $10,525 $498,800 $268,000 $230,800
2015 $10,310 $473,800 $249,000 $224,800
2014 $9,865 $434,400 $220,000 $214,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21923479

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 44-00061-0000-00011