NOT LISTED FOR SALE

48 Laurel St Shrewsbury, NJ 07702

Estimated Value: $983,000 - $1,094,531

4 Beds
2.5 Baths
1,212 Sq Ft
$861/Sq Ft Est. Value

Sale Details

Date Sold: April 3, 2020

Last sale price $610,000 $503 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,657 / mo

4 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • No HOA
  • Shrewsbury Borough School Rated A
  • Great Room
  • Home Office

About This Home

As of April 2020

Cozy, charming and recently renovated 4 bedroom, 2.5 bath ranch set on an oversized lot in much sought after Shrewsbury. Open concept kitchen with granite counters, stainless appliances opens to vaulted ceiling great room with river rock floor to ceiling hearth with gas fireplace. The perfect backdrop for entertaining friends and family. The generously sized dining room is ideal for holiday hosting. Extra large master with ensuite 4 piece bath and walk-in closet with custom built ins. 3 more generously sized bedrooms, hall bath and laundry. The office is perfect for today's work from home professional. The large paver patio overlooks the spacious backyard.

Last Agent to Sell the Property

Scott Gilbert

O'Brien Realty, LLC License #1540098 Listed on: 02/27/2020

Last Buyer's Agent

Elizabeth Lubin

Gloria Nilson & Co. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,557

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 120 x 162
  • Oversized Lot

Parking

  • 1 Car Direct Access Garage
  • Double-Wide Driveway

Home Design

  • Asphalt Rolled Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Gas Fireplace
  • Great Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary bathroom on main floor
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 44-00007-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,557

Year Built

Built in 1953

Lot Details

0.45 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Built-Ins
  • New Construction: No
  • Year Built: 1953
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 120 x 162
  • Location Middle School: Shrewsbury BOR
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info # Fireplaces: 1.0
  • GreatFamily Room Floor - Wood5: Yes
  • Roof Timberline: Yes
  • Rooms Bonus Room2: Yes
  • Style Ranch: Yes
  • Lot Description Oversized3: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Basement:Crawl Space: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No
  • Exterior Features: Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Double Wide Drive, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Shrewsbury BOR

Lot Info

  • Lot Dimensions: 120 x 162
  • Parcel #: 44-00007-0000-00005

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9557.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Mar 29, 2020
Sold by
Woolston Matthew and Woolston Jennifer
Bought by
Fahmie Nichoas Carl and Fahmie Sarah Jean
Seller's Agent
Scott Gilbert
O'Brien Realty, LLC
Buyer's Agent
Elizabeth Lubin
Gloria Nilson & Co. Real Estate
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%
Current Estimated Value
$1,043,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,383
Avg. Annual Appreciation
9.29%
Original Mortgage
$488,000
Outstanding Balance
$430,658
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$612,725

Purchase Details

Closed on
Mar 25, 2013
Sold by
Woolston Matthew and Woolston Jennifer
Bought by
Woolston Matthew and Woolston Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,437
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Woolston Matthew and Nist Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,638
Interest Rate
4.94%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2008
Sold by
Rigby Joseph L and Rigby Teresa L
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Fahmie Nichoas Carl $610,000 Acres Land Title Agency Inc
Woolston Matthew -- Crystal Title Agency Llc
Woolston Matthew $296,500 River Edge Title Agency Llc
Federal Home Loan Mortgage Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahmie Nichoas Carl $488,000
Previous Owner Woolston Matthew $432,437
Previous Owner Woolston Matthew $292,638
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $610,000 +1.8% $503 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $599,000 -- $494 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $13,958 $774,100 $191,200 $582,900
2024 $13,919 $761,900 $191,200 $570,700
2023 $13,919 $738,800 $192,300 $546,500
2022 $13,000 $655,600 $192,300 $463,300
2021 $13,000 $612,900 $192,300 $420,600
2020 $10,156 $478,400 $192,300 $286,100
2019 $10,575 $493,000 $192,300 $300,700
2018 $9,557 $444,300 $192,300 $252,000
2017 $9,153 $428,500 $184,200 $244,300
2016 $8,577 $406,500 $184,200 $222,300
2015 $8,787 $403,800 $187,200 $216,600
2014 $8,378 $368,900 $171,200 $197,700
Source: Public Records

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21947505

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 44-00007-0000-00005

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