NOT LISTED FOR SALE

48 Tower Hill Dr Red Bank, NJ 07701

Estimated Value: $485,585 - $570,000

2 Beds
2 Baths
1,136 Sq Ft
$450/mo HOA Fee

Last Sold October 07, 2016

Last sale price $270,000 $238 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,869/month

96 Days on Market

Highlights

  • In Ground Pool
  • Garage Apartment
  • Clubhouse
  • Red Bank Regional High School Rated A
  • New Kitchen
  • Wood Flooring

About This Home

As of October 2016

Tower Hills..a unique enclave prominently situated upon the hills of Red Bank. Newer section and offering GAS HEAT, this updated first level unit offers 2 br, 2 bath, 1 car garage with 366 sf storage room. Custom Kitchen with granite and stainless appliances, gas cooking, and slate floors. Balcony off the kitchen overlooks the courtyard. Living room/dining combo. Master ensuite with hardwood floors and two closets.
NOTE: WATER and SEWER is included in the association fee.

Last Agent to Sell the Property

Joanne McLaughlin

Ward Wight Sotheby's International Realty License #0014021 Listed on: 04/01/2016

Ward Wight Sotheby's International Realty

Last Buyer's Agent

Richard Nagel

RE/MAX Elite License #7937272

RE/MAX Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,483

Year Built

  • Built in 1987

Lot Details

  • 1,089

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Recessed Lighting
  • Wood Burning Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Partial Basement
  • Home Security System

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 000480000000080009

Community Details

Overview

  • Association fees include trash, common area, exterior maint, pool, snow removal, water
  • Tower Hill Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,483

Year Built

Built in 1987

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common, Fenced, In Ground
  • Reso Association Amenities: Tennis Court, Association, Clubhouse, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Pool, Snow Removal, Water
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Security System, Stove, Refrigerator, Garage Door Opener, Gas Cooking
  • Subdivision Name: Tower Hill
  • Architectural Style: One Level Unit, Condo
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Sliding Door, Recessed Lighting
  • Year Built: 1987
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Common Elements Clubhouse: Yes
  • Kitchen Sliding Door5: Yes
  • Kitchen GraniteStone Counter: Yes
  • Pool Fenced: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Eat-In: Yes
  • Included Security System2: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Garage Apt Above Garage: Yes
  • Kitchen Floor - Slate2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • 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:Foyer: Yes
  • Basement:Partial: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Balcony, Swimming, Lighting, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: 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

  • Senior Community: No
  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Lot Info

  • Parcel #: 000480000000080009

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6483.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Sep 12, 2016
Sold by
Danielle D Angiolillo and Angiolillo Kim D
Bought by
Ronga Joseph and Ronga Michele
Seller's Agent
Joanne McLaughlin
Ward Wight Sotheby's International Realty
Buyer's Agent
Richard Nagel
RE/MAX Elite
Sold Price
$270,000
Current Estimated Value
$532,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,396
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Dec 10, 2012
Sold by
Farina Danielle and Dangiolillo Danielle
Bought by
Dangiolillo Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Azzarello Elaine
Bought by
Faria Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.88%

Purchase Details

Closed on
Jul 25, 2001
Sold by
Stanich Veronica
Bought by
Azzarello Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.1%

Purchase Details

Closed on
Nov 16, 1995
Sold by
Tennyson Inc
Bought by
Stanich Veronica

Purchase Details

Closed on
Sep 18, 1995
Sold by
Citicorp Mtg
Bought by
Tennyson Inc

Purchase Details

Closed on
May 20, 1994
Sold by
Henning Catherine
Bought by
Tennyson Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ronga Joseph $270,000 None Available
Dangiolillo Danielle -- All Ahead Title Agency Llc
Faria Danielle $330,000 --
Azzarello Elaine $230,000 --
Stanich Veronica $124,000 --
Tennyson Inc $340,000 --
Tennyson Inc $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dangiolillo Danielle $175,000
Previous Owner Faria Danielle $200,000
Previous Owner Azzarello Elaine $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold $270,000 0.0% $238 / Sq Ft
01/01/2015 01/01/15 Rented $29,500 -- --
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 $7,428 $483,300 $298,500 $184,800
2024 $7,428 $401,900 $224,500 $177,400
2023 $7,428 $388,700 $201,800 $186,900
2022 $6,662 $347,700 $168,800 $178,900
2021 $6,662 $297,800 $135,000 $162,800
2020 $6,946 $305,700 $165,000 $140,700
2019 $6,662 $301,300 $165,000 $136,300
2018 $6,471 $295,900 $165,000 $130,900
2017 $6,225 $295,000 $165,000 $130,000
2016 $6,719 $318,900 $165,000 $153,900
2015 $6,483 $318,900 $220,000 $98,900
2014 $6,101 $318,900 $220,000 $98,900
Source: Public Records

Agents Affiliated with this Home

  • Joanne McLaughlin

    Seller's Agent in 2016

    Joanne McLaughlin

    Ward Wight Sotheby's International Realty

    (732) 618-1231

    47 Total Sales

    Joanne McLaughlin
    Section Image
  • Richard Nagel

    Buyer's Agent in 2016

    Richard Nagel

    RE/MAX

    (908) 433-9012

    5 in this area

    144 Total Sales

    Richard Nagel
    Section Image

  • N

    Buyer's Agent in 2015

    Nicole Ten Hoeve

    Keller Williams Realty East Monmouth

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21612411

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00052-01-00008-09

New Jersey Monmouth County Red Bank 07701

48 Tower Hill Dr, Red Bank, NJ

Not Listed for Sale

Condos

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