NOT LISTED FOR SALE

451 Locust Point Rd Locust, NJ 07760

Locust Neighborhood

Estimated Value: $1,619,000 - $1,992,000

3 Beds
3 Baths
2,419 Sq Ft
$739/Sq Ft Est. Value

Last Sold February 09, 2017

Last sale price $925,000 $382 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $11,775/month

361 Days on Market

Highlights

  • Docks
  • River View
  • Main Floor Primary Bedroom
  • Navesink Elementary School Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of February 2017

***Significant price reduction***Own a piece of Locust history - the former Captain Pitman Johnson House. Situated on Clay Pit Creek - a pearl left behind by the oyster industry from long ago. With its excellent location on the creek, this site was very important in the local oyster industry when Captain Johnson sailed his sloop from Clay Pit to NYC. The home was floated from a location in lower Manhattan over 100 years ago and placed on its present position on Locust Point Road. The kitchen is open to family room overlooking the water with a ''postcard'' view that never stops to delight. Updates will be required to bring the home up to today's standards, but the waterfront location and fabulous views are perfect the way they are. This property is located in the Locust section of Middletown Township with a Rumson mailing zip code of 07760. Room sizes are approximate. Square footage as per Monmouth County tax records.

Last Agent to Sell the Property

Bernadette Barnette

Heritage House Sotheby's International Realty License #0015702 Listed on: 11/06/2015

Heritage House Sotheby's International Realty

Last Buyer's Agent

Bernadette Barnett

Weichert Realtors-Rumson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,976

Year Built

  • Built in 1913

Lot Details

  • 0.89 Acre Lot
  • River Front
  • Historic Home

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Home Design

  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,419 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Recessed Lighting
  • 1 Fireplace
  • Family Room
  • Sitting Room
  • Dining Room
  • Loft
  • River Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Steam Shower

Outdoor Features

  • Riparian Grant
  • Bulkhead
  • Docks
  • Patio
  • Exterior Lighting

Schools

  • Navesink Elementary School
  • Bayshore Middle School
  • Middle South High School

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32-00841-0000-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,976

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Riverfront, Riverview
  • Inclusions: Outdoor Lighting, Dishwasher, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Historic, Detached
  • Reso Flooring: Laminate, Tile, W/W Carpet, Wood
  • Reso Interior Features: Built-Ins, Loft, Recessed Lighting
  • New Construction: No
  • Year Built: 1913
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.89
  • Location Middle School: Bayshore
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Included Outdoor Lighting: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen Ceramic Tile3: Yes
  • Floors Laminate: Yes
  • Rooms Sitting: Yes
  • Garage Oversized: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Interior Loft: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • Rooms Loft2: Yes
  • Lot Description Riverfront2: Yes
  • Water Type Riverfront: Yes
  • Siding Clapboard: Yes
  • Water Type Riverview: Yes
  • Dining Room Built-Ins3: Yes
  • Style Historic: Yes
  • Lot Description Riverview2: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.89
  • Waterfront Features: Bulkhead, Riparian Grants, Riverfront, Riverview
  • Waterfront: Yes
  • Construction Type: Clapboard
  • Exterior Features: Dock, Patio, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Oversized
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Multi Units, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiator, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Bayshore

Lot Info

  • Lot Size Sq Ft: 38768.4
  • Parcel #: 32-00841-0000-00015
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 25976.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2015
Closed on
Feb 9, 2017
Sold by
Kuras Thomas A
Bought by
Ruotolo Justin and Ruotolo Erica
Seller's Agent
Bernadette Barnette
Heritage House Sotheby's International Realty
Buyer's Agent
Bernadette Barnett
Weichert Realtors-Rumson
Sold Price
$925,000
Total Days on Market
361
Current Estimated Value
$1,786,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$861,533
Avg. Annual Appreciation
8.23%
Original Mortgage
$693,750
Outstanding Balance
$579,998
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$1,206,536
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
Ruotolo Justin $925,000 Langdon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruotolo Justin $693,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2017 02/09/17 Sold $925,000 -- $382 / 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 $20,969 $1,390,800 $1,112,100 $278,700
2023 $20,969 $1,206,500 $1,029,700 $176,800
2022 $24,276 $1,198,000 $1,029,700 $168,300
2021 $24,276 $1,167,100 $1,015,000 $152,100
2020 $24,878 $1,163,600 $1,015,000 $148,600
2019 $24,565 $1,163,100 $1,015,000 $148,100
2018 $25,579 $1,180,400 $1,015,000 $165,400
2017 $19,647 $925,000 $800,000 $125,000
2016 $26,169 $1,228,000 $1,060,000 $168,000
2015 $25,976 $1,227,800 $1,060,000 $167,800
2014 $26,309 $1,213,300 $1,060,000 $153,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21542277

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00841-0000-00015