NOT LISTED FOR SALE

471 Locust Point Rd Rumson, NJ 07760

Locust Neighborhood

Estimated Value: $1,478,371 - $1,961,000

3 Beds
2.5 Baths
1,508 Sq Ft
$1,139/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $735,000 $487 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $10,555/month

115 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • Porch
  • Navesink Elementary School Rated A
  • No HOA
  • Cooling Available

About This Home

As of June 2015

Rare find on prestigious Locust Point Road! If you like things done your way, finish this amazing modern colonial to your taste. Sitting adjacent to scenic Hartshorne National Park, this private waterfront property had endless possibilities including a riparian grant and brand new bulkhead. Entry level layout includes an open floor plan for a living room with peanut stone fire place, dining room with a wet bar, office/bedroom, bath, galley kitchen with window pane backsplash, and sunken family room with huge piano hinge glass doors that open to an exquisite peanut stone terrace overlooking the water and park. Upstairs' layout has 3 bedrooms including a master with arched ceiling, huge walk-in closet, full bath, and deck with water view. ** THIS HOUSE IS NOT FINISHED! ** THE PLANS OF THE HOUSE.

Last Agent to Sell the Property

Edwin Oels

Weichert Realtors-Rumson Listed on: 12/23/2014

Last Buyer's Agent

Edwin Oels

O'Brien Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,796

Lot Details

  • Waterfront

Home Design

  • Colonial Architecture
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Heated Basement
  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Riparian Grant
  • Riparian rights to water flowing past the property
  • Porch

Schools

  • Navesink Elementary School
  • Middle South High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00841000000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,796

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Water: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Basement Heated: Yes
  • Siding Clapboard: Yes
  • Basement Fireplace - Woodburning8: Yes
  • Water Type Riparian Rights: Yes
  • Special Features: None

Interior Features

  • Basement: Heated, Other, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 3
  • Basement:Walk-Out Access: Yes
  • BasementOther: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront Features: Riparian Grants, Riparian Rights
  • Waterfront: Yes
  • Construction Type: Clapboard
  • Exterior Features: Porch - Open, Other

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other, See Remarks
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 00841000000009

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2014
Closed on
Jun 12, 2015
Sold by
Estate Of Lena F Spangenberg and Hare Robin O
Bought by
Sillen Peter F and Sillen Elizabeth M
Seller's Agent
Edwin Oels
Weichert Realtors-Rumson
Buyer's Agent
Edwin Oels
Weichert Realtors-Rumson
Sold Price
$735,000
Current Estimated Value
$1,717,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$982,843
Avg. Annual Appreciation
8.35%

Purchase Details

Closed on
Jun 18, 2013
Sold by
Iler Alexander M and Addonizio James J
Bought by
Cavanagh Thomas W

Purchase Details

Closed on
Dec 20, 2011
Sold by
Spangenberg Lena F
Bought by
Iler Alexander M

Purchase Details

Closed on
Dec 6, 2007
Sold by
Dacunzi Jodi and Spangenberg Lena F
Bought by
Spangenberg Lena F
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 Buyer Sale Price Title Company
Sillen Peter F $735,000 Red Bank Title Agency Inc
Cavanagh Thomas W -- None Available
Iler Alexander M $575,000 None Available
Spangenberg Lena F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sillen Peter F $820,000
Closed Sillen Peter F $400,000
Closed Sillen Elizabeth M $200,000
Previous Owner Hare Robin O $50,000
Previous Owner Iler Alexander M $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $735,000 -- $487 / 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 $17,796 $1,181,100 $727,800 $453,300
2024 $16,273 $1,081,800 $636,800 $445,000
2023 $16,273 $936,300 $572,300 $364,000
2022 $17,073 $871,400 $520,200 $351,200
2021 $17,073 $820,800 $508,400 $312,400
2020 $17,183 $803,700 $498,400 $305,300
2019 $15,880 $751,900 $498,400 $253,500
2018 $16,038 $740,100 $498,400 $241,700
2017 $15,558 $732,500 $498,400 $234,100
2016 $12,503 $586,700 $498,400 $88,300
2015 $11,282 $528,200 $498,400 $29,800
2014 $13,366 $610,600 $498,400 $112,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Edwin Oels

    Weichert Realtors-Rumson

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21455062

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00841-0000-00009

New Jersey Monmouth County Rumson 07760 Locust

471 Locust Point Rd, Rumson, NJ

This home is located at 471 Locust Point Rd, Rumson, NJ 07760 since 23 December 2014 and is currently estimated at $1,717,843, approximately $1,139 per square foot. 471 Locust Point Rd is a home located in Monmouth County with nearby schools including Navesink Elementary School, Bayshore Middle School, and Middletown - South High School.

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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