NOT LISTED FOR SALE

47 Elm Place Red Bank, NJ 07701

Estimated Value: $892,114 - $953,000

3 Beds
2 Baths
1,688 Sq Ft
$548/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $629,000 $373 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,193/month

13 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Attic
  • Red Bank Reg High School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of November 2020

Complete package in the heart of Red Bank!Inground pool, newly renovated home on one of the best blocks. All this and walking distance to downtown Red Bank. What more can you want?Big ticket items replaced 2-3 years ago: Electrical wiring, kitchen cabinets,light fixtures, doors, furnace, water heater,bathroom fixtures, wall and floor tiles in the both bathrooms. Beautiful front room with brick fireplace and hardwood floors throughout. Newly renovated all white kitchen with granite countertops and SS appliances. 3-4 bedrooms, 2 full bathrooms with a home office. Front downstairs room can be used as a bedroom or another office for families that need separate home schooling space. Full basement, attic and deep backyard. Master bedroom has custom closet with barndoor. Backyard has a deep lot with a crystal clear inground pool and new shed. Large patio is perfectly designed for entertaining outside with large yard space for cornhole, soccer nets... you name it. Awesome place to staycation with friends and family. Walking distance to the best bars, restaurants and shopping in downtown Red Bank. 5 minutes to NJT and 15 minutes to Seastreak Ferry... can't beat this opportunity!

Last Agent to Sell the Property

Erica Herbst

O'Brien Realty, LLC License #0679049 Listed on: 09/15/2020

O'Brien Realty, LLC

Last Buyer's Agent

Alex Monaco

Re/Max Instyle License #1434260

Re/Max Instyle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,221

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 35 x 256
  • Fenced
  • Oversized Lot

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal belongings
  • Assessor Parcel Number 39-00049-0000-00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,221

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Fenced Area
  • ResoPoolFeatures: In Ground
  • Inclusions: AC Units, Washer, Blinds/Shades, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Attic, Bonus Room
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.21
  • General Property Info Lot Dimensions: 35 x 256
  • Location Middle School: Red Bank
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Included BlindsShades: Yes
  • Number Appliances Included A C Units: Yes
  • Kitchen GraniteStone Counter: Yes
  • Lot Description Oversized3: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Cooling Multi Units: Yes
  • Interior Bonus Room: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Office2: Yes
  • Other Rooms:Study: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.21
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal belongings
  • Exterior Features: Fence, Patio
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 35 x 256
  • Lot Size Sq Ft: 9147.6
  • Parcel #: 39-00049-0000-00030
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11221.0

MLS Schools

  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Nov 11, 2020
Sold by
Andrews Jodi
Bought by
Corcoran Dawn
Seller's Agent
Erica Herbst
O'Brien Realty, LLC
Buyer's Agent
Alex Monaco
Re/Max Instyle
List Price
$639,000
Sold Price
$629,000
Premium/Discount to List
-$10,000
-1.56%
Current Estimated Value
$925,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,779
Avg. Annual Appreciation
8.64%
Original Mortgage
$409,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2018
Closed on
Aug 22, 2018
Sold by
47 Elm Llc
Bought by
Andrews Jodi
Seller's Agent
Michael Novik
C21/ Charles Smith Agency
Buyer's Agent
Erica Herbst
VRI Homes
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$472,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2016
Sold by
U S Bank National Association and Fuentes Jose
Bought by
47 Elm Llc

Purchase Details

Closed on
Apr 28, 2006
Sold by
Pharr Norris H
Bought by
Fuentes Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Corcoran Dawn $629,000 Cb Title Group Llc
Andrews Jodi $525,000 Titlevest Agency Llc
47 Elm Llc $221,000 None Available
Fuentes Jose $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corcoran Dawn $409,000
Previous Owner Andrews Jodi $472,500
Previous Owner Fuentes Jose $200,000
Previous Owner Fuentes Jose $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $629,000 -1.6% $373 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $639,000 +21.7% $379 / Sq Ft
08/28/2018 08/28/18 Sold $525,000 -- $311 / 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 $13,894 $812,500 $388,700 $423,800
2024 $13,247 $735,500 $328,700 $406,800
2023 $13,247 $693,200 $297,700 $395,500
2022 $12,755 $660,500 $281,900 $378,600
2021 $12,755 $570,200 $225,500 $344,700
2020 $11,728 $516,200 $225,500 $290,700
2019 $11,221 $507,500 $225,500 $282,000
2018 $8,958 $409,600 $225,500 $184,100
2017 $8,619 $408,500 $225,500 $183,000
2016 $8,506 $403,700 $225,500 $178,200
2015 $8,596 $422,800 $265,500 $157,300
2014 $8,088 $422,800 $265,500 $157,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22032999

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00049-0000-00030