$230,000
SOLD DEC 5, 2013

47 Tower Hill Dr Unit 14 Red Bank, NJ 07701

1 Bed
1.5 Baths
1,136 Sq Ft
$1/mo HOA Fee

Recently Sold

$202 Per Sq Ft

105 Days on Market

Highlights

  • Outdoor Pool
  • 1 Fireplace
  • Balcony
  • Red Bank Reg High School Rated A
  • Tennis Courts
  • 1 Car Direct Access Garage

About This Home

As of March 2025

Private location facing wooded area - Views from every room including seasonal waterview from courtyard balcony. Features include hardwood flooring throughout, newer central air - spacious master suite with dressing area, vaulted ceilings in living area and woodburning fireplace. Property also features garage with large storage room.

Last Agent to Sell the Property

Jo Ann Davenport

Better Homes and Gardens Real Estate Murphy & Co. Listed on: 04/28/2013

Last Buyer's Agent

Elizabeth Lubin

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,245

Year Built

  • Built in 1992

HOA Fees

  • HOA YN

Parking

  • 1 Car Direct Access Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Tray Ceiling
  • Recessed Lighting
  • 1 Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Outdoor Pool
  • Balcony

Schools

  • Red Bank Prm Elementary School
  • Red Bank Reg High School

Utilities

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

Listing and Financial Details

  • Exclusions: WASHER, DRYER, LIGHT FIXTURES & WINDOW TREATMENTS.
  • Assessor Parcel Number 000520001000080008

Community Details

Overview

  • Condo Association YN
  • Association fees include common area
  • Tower Hill Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,245

Year Built

Built in 1992

Lot Details

0

HOA Fees

$1 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Tennis Court, Association, Pool
  • Reso Association Fee Includes: Common Area
  • Inclusions: Dishwasher
  • Subdivision Name: Tower Hill
  • Architectural Style: Condo
  • Reso Flooring: Ceramic Tile, Linoleum/Vinyl, W/W Carpet
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Sliding Door, Recessed Lighting
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1992
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Garage Direct Entry: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Kitchen Sliding Door5: Yes
  • Kitchen Eat-In: Yes
  • Common Elements Tennis Court: Yes
  • Siding Stucco - Cement: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Other Rooms:Foyer: Yes
  • BasementOther: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: WASHER, DRYER, LIGHT FIXTURES & WINDOW TREATMENTS.
  • Construction Type: Stucco

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Direct Access
  • General Property Info:Garage: Yes

Utilities

  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 1.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 000520001000080008

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2025
Closed on
Feb 24, 2025
Sold by
Tortorice Vanessa A
Bought by
Campbell Casey C
Seller's Agent
Mary Lou Mannino
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Lisa Loew Mason
Heritage House Sotheby's International Realty
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Views
81
Current Estimated Value
$453,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,846
Avg. Annual Appreciation
3.33%
Original Mortgage
$149,985
Outstanding Balance
$149,473
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$304,373

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 22, 2021
Sold by
Gener Marissa D
Bought by
Tortorice Vanessa A
Seller's Agent
Tara Macchia
Weichert Realtors-Rumson
Buyer's Agent
Mary Lou Mannino
Berkshire Hathaway HomeServices Fox & Roach - Rumson
List Price
$319,000
Sold Price
$332,000
Premium/Discount to List
$13,000
4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$298,800
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2013
Closed on
Nov 22, 2013
Sold by
Maley Robin
Bought by
Gener Marissa D
Seller's Agent
Jo Ann Davenport
Better Homes and Gardens Real Estate Murphy & Co.
Buyer's Agent
Elizabeth Lubin
Gloria Nilson & Co. Real Estate
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$138,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2007
Sold by
Teilmann Inger
Bought by
Maley Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.24%
Mortgage Type
Stand Alone First
Source: Public Records

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 Type Sale Price Title Company
Deed $450,000 Oceanview Title
Deed $450,000 Oceanview Title
Deed $332,000 None Available
Deed $230,000 Acres Land Title Agency Llc
Deed $360,000 --
Bargain Sale Deed $360,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $149,985 New Conventional
Closed $149,985 New Conventional
Previous Owner $298,800 New Conventional
Previous Owner $138,000 New Conventional
Previous Owner $324,000 Stand Alone First
Previous Owner $55,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $450,000 -2.0% $396 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/04/2025 01/04/25 For Sale $459,000 +38.3% $404 / Sq Ft
05/04/2021 05/04/21 Sold $332,000 +4.1% $292 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $319,000 +38.7% $281 / Sq Ft
12/05/2013 12/05/13 Sold $230,000 -- $202 / 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 $7,245 $391,900 $224,500 $167,400
2023 $7,245 $379,100 $201,800 $177,300
2022 $6,145 $338,500 $168,800 $169,700
2021 $6,145 $274,700 $135,000 $139,700
2020 $6,646 $292,500 $165,000 $127,500
2019 $6,383 $288,700 $165,000 $123,700
2018 $6,213 $284,100 $165,000 $119,100
2017 $5,978 $283,300 $165,000 $118,300
2016 $5,906 $280,300 $165,000 $115,300
2015 $6,241 $307,000 $220,000 $87,000
2014 $5,873 $307,000 $220,000 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21314514

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00052-01-00008-08