NOT LISTED FOR SALE

475 Locust Point Rd Rumson, NJ 07760

Locust Neighborhood

Estimated Value: $964,000 - $1,311,000

3 Beds
1 Bath
1,348 Sq Ft
$821/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $595,000 $441 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,703/month

40 Days on Market

Highlights

  • Docks
  • Senior Community
  • Colonial Architecture
  • Home fronts a creek
  • River View
  • Creek On Lot

About This Home

As of December 2020

Best waterfront value in Locust! This wonderful 3 bedroom 1 bath turn of the century home is waiting for you to make it your own! THIS IS A COMMUTER'S DREAM LOCATION. You are minutes away from the Sea Streak Ferry that takes you to downtown NYC in 40 minutes! You can feel the history all around you when you walk into this home! If you are a water enthusiast and are looking for riparian rights property with a dock this is for you! It is two separate properties, house and water area, which comes to approximately .25 acres all on one deed. Riparian Grant 120'! All room sizes appx.

Last Agent to Sell the Property

Eleanor Murphy

Better Homes and Gardens Real Estate Murphy & Co. Brokerage Phone: 732-212-0440 License #1642827 Listed on: 06/25/2020

Better Homes and Gardens Real Estate Murphy & Co.

Last Buyer's Agent

Patricia Inglese

Neuhaus Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,255

Year Built

  • Built in 1908

Lot Details

  • Home fronts a creek
  • River Front
  • Fenced
  • Irregular Lot

Home Design

  • Colonial Architecture
  • Mirrored Walls
  • Asphalt Rolled Roof
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Light Fixtures
  • Wood Burning Fireplace
  • Awning
  • Living Room
  • Dining Room
  • River Views
  • Partial Basement
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Parking

  • No Garage
  • Driveway
  • Paved Parking

Outdoor Features

  • Bulkhead
  • Docks
  • Creek On Lot
  • Patio
  • Exterior Lighting
  • Outbuilding

Schools

  • Navesink Elementary School
  • Bayshore Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil Above Ground
  • Electric Water Heater
  • Septic System

Community Details

  • Senior Community
  • No Home Owners Association
  • Colonial

Listing and Financial Details

  • Assessor Parcel Number 32-00841-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,255

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Model: COLONIAL
  • Attribution Contact: 732-212-0440
  • ResoLotFeatures: Bulkhead, Fenced Area, Irregular Lot, Riverfront, Riverview
  • Inclusions: Outdoor Lighting, AC Units, Ceiling Fan(s), Dishwasher, Electric Cooking, Light Fixtures, Stove, Refrigerator, Awnings, Freezer
  • Subdivision Name: None
  • Architectural Style: Colonial, 2 Story
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic - Walk Up, Ceilings - 9Ft+ 1st Flr, Wall Mirror
  • New Construction: No
  • Reso Other Structures: Misc Building
  • Year Built: 1908
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 10,000 sq ft
  • General Property Info Farm: No
  • Location Middle School: Bayshore
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Lot Description Irregular Lot: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Roof Timberline: Yes
  • Heating Oil Above Ground: Yes
  • Siding Shingle: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Eat-In: Yes
  • Interior Wall Mirror: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Cooling Multi Units: Yes
  • Interior Attic - Walk Up: Yes
  • Lot Description Riverfront2: Yes
  • Water Type Riverfront: Yes
  • Included Awnings: Yes
  • Water Type Riverview: Yes
  • Out Buildings Misc Building: Yes
  • Water Type Creek: Yes
  • Lot Description Riverview2: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Freezer: Yes
  • Basement:Partial: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront Features: Bulkhead, Creek, Riverfront, Riverview
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Exterior Features: Dock, Fence, Patio, Lighting

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Oil Above Ground, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Water/Sewer/Septic: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association: No

Schools

  • Middle Or Junior School: Bayshore

Lot Info

  • Lot Dimensions: 10,000 sq ft
  • Parcel #: 32-00841-0000-00008
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9255.0

MLS Schools

  • Elementary School: Navesink Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Dec 4, 2020
Sold by
Wainwright Robert and Wainwright Courtney
Bought by
Buday Whedon Cali A and Whedon Charles
Seller's Agent
Eleanor Murphy
Better Homes and Gardens Real Estate Murphy & Co.
Buyer's Agent
Patricia Inglese
Neuhaus Realty, Inc.
List Price
$699,000
Sold Price
$595,000
Premium/Discount to List
-$104,000
-14.88%
Current Estimated Value
$1,106,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,080
Avg. Annual Appreciation
11.76%
Original Mortgage
$476,000
Outstanding Balance
$425,730
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$585,674

Purchase Details

Closed on
Apr 3, 2017
Sold by
Wainwright Robert
Bought by
Wainwright Robert and Wainwright Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,047
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2007
Sold by
Boeckel Candace J and Bennett Patricia A
Bought by
Wainwright Robert
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
Buday Whedon Cali A $595,000 Acres Land Title Agency Inc
Carbone Dylan Trevor $595,000 Land Title
Wainwright Robert -- New Jersey Land Title
Wainwright Robert $560,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Tanmay $476,000
Closed Shah Tanmay $291,200
Closed Carbone Dylan Trevor $476,000
Previous Owner Wainwright Robert $393,047
Previous Owner Boeckel Lillian M $469,342
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $595,000 -9.7% $441 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $659,000 -5.7% $489 / Sq Ft
06/24/2020 06/24/20 For Sale $699,000 -- $519 / 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 $10,349 $783,400 $582,300 $201,100
2024 $9,383 $629,100 $431,700 $197,400
2023 $9,383 $539,900 $399,700 $140,200
2022 $9,175 $481,100 $347,600 $133,500
2021 $9,175 $441,100 $336,500 $104,600
2020 $9,382 $438,800 $336,500 $102,300
2019 $9,255 $438,200 $336,500 $101,700
2018 $9,392 $433,400 $336,500 $96,900
2017 $9,350 $440,200 $336,500 $103,700
2016 $9,259 $434,500 $321,500 $113,000
2015 $9,281 $434,500 $321,500 $113,000
2014 $9,297 $424,700 $321,500 $103,200
Source: Public Records

Agents Affiliated with this Home

  • Eleanor Murphy

    Seller's Agent in 2020

    Eleanor Murphy

    Better Homes and Gardens Real Estate Murphy & Co.

    (732) 741-3030

    1 in this area

    84 Total Sales

    Eleanor Murphy
    Section Image

  • P

    Buyer's Agent in 2020

    Patricia Inglese

    Neuhaus Realty, Inc.

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22020700

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00841-0000-00008

New Jersey Monmouth County Rumson 07760 Locust

475 Locust Point Rd, Rumson, NJ

This home is located at 475 Locust Point Rd, Rumson, NJ 07760 since 25 June 2020 and is currently estimated at $1,106,080, approximately $820 per square foot. This property was built in 1908. 475 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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