NOT LISTED FOR SALE

467 Sycamore Ave Red Bank, NJ 07702

Estimated Value: $2,303,000 - $2,968,000

1.8 Acres
$1,465,336 Price per Acre
78,408 Sq Ft Lot

Last Sold July 23, 2020

Last sale price $475,000

Est. 455% increase in value since last sale

Current estimated payment $17,075/month

182 Days on Market

Highlights

  • 1.8 Acre Lot
  • Wooded Lot
  • Level Lot
  • Shrewsbury Elementary School Rated A-

About This Lot

As of July 2020

Situated in the quaint and historic town of Shrewsbury, this lot offers endless possibilities to build your dream home. Located among other million dollar homes, this beautifully wooded 1.8 acres offers sycamores, giant pines, holly, and other specimen trees. The property offers maximum privacy and makes it possible to enjoy the peace of a small town while having the opportunity to be close to the GSP, train, bus, and ferry.

Last Agent to Sell the Property

Brenda McIntyre

Brenda McIntyre Realty License #7858960 Listed on: 01/15/2020

Last Buyer's Agent

Brenda McIntyre

Brenda McIntyre Realty License #7858960 Listed on: 01/15/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,227

Lot Details

  • 1.8 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Shrewsbury Bor Elementary And Middle School
  • Red Bank Reg High School

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 44-00030-0000-00008

Property Details

Property Type

Land

Est. Annual Taxes

$39,227

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Level, Wooded, Cleared
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Acreage: 1.8
  • General Property Info Lot Dimensions: 78,408 sq ft
  • Location Middle School: Shrewsbury BOR
  • WaterSewer Public Water: Yes
  • WaterSewer Public Sewer at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Wooded: Yes
  • Lot Description Cleared: Yes
  • Special Features: None

Exterior Features

  • Acres: 1.8
  • Waterfront: No

Schools

  • Middle Or Junior School: Shrewsbury BOR

Lot Info

  • Lot Dimensions: 78,408 sq ft
  • Lot Size Sq Ft: 78408.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 44-00030-0000-00008
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Shrewsbury Bor
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Jul 21, 2020
Sold by
Rich Jeffrey R and Rich John E
Bought by
Redaelli Lance and Redaelli Melissa
Seller's Agent
Brenda McIntyre
Brenda McIntyre Realty
Buyer's Agent
Brenda McIntyre
Brenda McIntyre Realty
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Current Estimated Value
$2,637,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,162,604
Avg. Annual Appreciation
38.53%

Purchase Details

Closed on
Nov 13, 1996
Sold by
Devt Breckenridge
Bought by
Ferrante Rich Jeffrey and Ferrante Rich Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Redaelli Lance $475,000 Surety Title Company
Ferrante Rich Jeffrey $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrante Rich Jeffrey $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $475,000 -4.8% --
07/16/2020 07/16/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $499,000 -- --
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 $39,227 $2,168,300 $448,000 $1,720,300
2024 $39,992 $2,141,200 $400,000 $1,741,200
2023 $39,992 $2,122,700 $418,500 $1,704,200
2022 $8,378 $418,500 $418,500 $0
2021 $8,378 $395,000 $395,000 $0
2020 $8,386 $395,000 $395,000 $0
2019 $8,473 $395,000 $395,000 $0
2018 $8,496 $395,000 $395,000 $0
2017 $8,501 $398,000 $398,000 $0
2016 $8,546 $405,000 $405,000 $0
2015 $9,683 $445,000 $445,000 $0
2014 $10,447 $460,000 $460,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda McIntyre

    Seller's Agent in 2020

    Brenda McIntyre

    Brenda McIntyre Realty

    (732) 859-5622

    6 in this area

    108 Total Sales

    Brenda McIntyre
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22001872

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 44-00030-0000-00008

New Jersey Monmouth County Red Bank 07702

467 Sycamore Ave, Red Bank, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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