5 Elm Ln Rumson, NJ 07760
Rumson NeighborhoodEstimated Value: $3,946,373 - $4,415,000
6
Beds
7
Baths
7,136
Sq Ft
$579/Sq Ft
Est. Value
Highlights
- Heated Pool and Spa
- Custom Home
- New Kitchen
- Deane Porter School Rated A
- 1.62 Acre Lot
- Maid or Guest Quarters
About This Home
As of March 2020An exceptionally rare offering. Breathtaking architectural design brought to life w/ a clean & crisp Manhattan-inspired aesthetic. Soaring barreled & vaulted ceilings, gorgeous wide-plank pine flooring & stunning natural light throughout. Impeccably maintained & remodeled to perfection offering a fabulous open floor plan ideal for entertaining & casual family living alike. Gourmet kitchen w/ double-height ceiling, butcher-block ctp & oversized breakfast area. Impressive great room w/ fireplace, custom crafted wet bar & built-in bookcases, family room w/ stunning barreled ceiling + executive office w/ built-in wet bar. Luxurious master retreat w/ beautiful vaulted ceiling w/ exposed beams & sitting area, walk-in closet & spa-like private bath. Too many amenities to list, mins to Ferry.
Last Listed By
Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9134686 Listed on: 02/12/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,360
Year Built
- 1912
Lot Details
- 1.62 Acre Lot
- Oversized Lot
Parking
- 3 Car Direct Access Garage
- Double-Wide Driveway
- On-Street Parking
- Off-Street Parking
Home Design
- Custom Home
- Carriage House
- Shingle Roof
- Wood Roof
- Cedar Siding
- Cedar
Interior Spaces
- 2-Story Property
- Wet Bar
- Built-In Features
- Crown Molding
- Beamed Ceilings
- Tray Ceiling
- Ceiling height of 9 feet on the main level
- Skylights
- Light Fixtures
- 2 Fireplaces
- Gas Fireplace
- French Doors
- Entrance Foyer
- Great Room
- Living Room
- Dining Room
- Home Office
- Bonus Room
- Sun or Florida Room
- Wood Flooring
- Attic
- Unfinished Basement
Kitchen
- New Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Butlers Pantry
- Gas Cooktop
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Maid or Guest Quarters
- In-Law or Guest Suite
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom Bathtub Only
- Primary Bathroom includes a Walk-In Shower
Pool
- Heated Pool and Spa
- Gunite Pool
- Pool is Self Cleaning
- Pool Equipment Stays
Outdoor Features
- Balcony
- Patio
Schools
- Deane-Porter Elementary School
- Forrestdale Middle School
- Rumson-Fair Haven 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
- Exclusions: bar wine refrigerator
- Assessor Parcel Number 41-00087-0000-00020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2020
Closed on
Apr 22, 2020
Sold by
Brunette Margaret
Bought by
Pennington Christopher John and Pennington Ann Christine
Seller's Agent
Mario Venancio
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Mario Venancio
Gloria Nilson & Co. Real Estate
List Price
$2,399,000
Sold Price
$2,474,000
Premium/Discount to List
$75,000
3.13%
Total Days on Market
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,657,124
Avg. Annual Appreciation
11.27%
Original Mortgage
$96,700
Outstanding Balance
$85,774
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$4,196,818
Purchase Details
Listed on
Mar 29, 2018
Closed on
Jun 26, 2018
Sold by
Dorment James F and Dorment Jaime
Bought by
Lepree Kyle and Brunette Margaret
Seller's Agent
Mario Venancio
Gloria Nilson & Co. Real Estate
Buyer's Agent
Mario Venancio
Gloria Nilson & Co. Real Estate
Sold Price
$2,395,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$1,796,250
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jul 5, 2013
Closed on
Nov 12, 2013
Sold by
Clark Joseph P and Clark Joanne F
Bought by
Dorment James F and Dorment Jaime
Seller's Agent
Karen Murphy
Heritage House Sotheby's International Realty
Buyer's Agent
Virginia Boileau
Gloria Nilson & Co. Real Estate
Sold Price
$2,225,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.61%
Original Mortgage
$1,557,500
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 1, 1998
Sold by
Scharer Gale
Bought by
Clark Joseph and Clark Joanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.99%
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Similar Homes in Rumson, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pennington Christopher John | $2,474,000 | Pure Title Llc | |
| Brunette Margaret | -- | Pure Title Llc | |
| Lepree Kyle | $2,395,000 | None Available | |
| Dorment James F | $2,225,000 | Aemrican Land Title Ass | |
| Clark Joseph | $1,400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pennington Christopher John | $96,700 | |
| Previous Owner | Lepree Kyle | $1,796,250 | |
| Previous Owner | Dorment James F | $1,563,750 | |
| Previous Owner | Dorment James F | $250,000 | |
| Previous Owner | Dorment James F | $1,557,500 | |
| Previous Owner | Clark Joseph P | $1,293,308 | |
| Previous Owner | Clark Joseph | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/23/2020 03/23/20 | Sold | $2,474,000 | +3.1% | $347 / Sq Ft |
| 02/21/2020 02/21/20 | Pending | -- | -- | -- |
| 02/12/2020 02/12/20 | For Sale | $2,399,000 | +0.2% | $336 / Sq Ft |
| 06/29/2018 06/29/18 | Sold | $2,395,000 | +7.6% | $336 / Sq Ft |
| 11/14/2013 11/14/13 | Sold | $2,225,000 | -- | $312 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $35,186 | $3,266,700 | $1,705,200 | $1,561,500 |
| 2023 | $35,186 | $3,009,900 | $1,594,200 | $1,415,700 |
| 2022 | $34,780 | $2,696,700 | $1,366,800 | $1,329,900 |
| 2021 | $34,780 | $2,444,100 | $1,227,500 | $1,216,600 |
| 2020 | $34,050 | $2,376,100 | $1,243,000 | $1,133,100 |
| 2019 | $34,360 | $2,339,000 | $915,000 | $1,424,000 |
| 2018 | $33,692 | $2,273,400 | $915,000 | $1,358,400 |
| 2017 | $32,795 | $2,232,500 | $915,000 | $1,317,500 |
| 2016 | $33,177 | $2,315,200 | $1,030,500 | $1,284,700 |
| 2015 | $32,806 | $2,257,800 | $1,030,500 | $1,227,300 |
| 2014 | $32,214 | $2,211,000 | $1,030,500 | $1,180,500 |
Source: Public Records
Agents Affiliated with this Home
-
Mario Venancio
Seller's Agent in 2020
Mario Venancio
BHHS Fox & Roach
(732) 995-6244
117 in this area
429 Total Sales
-
Karen Murphy
Seller's Agent in 2013
Karen Murphy
Heritage House Sotheby's International Realty
(732) 337-4300
32 in this area
64 Total Sales
-
V
Buyer's Agent in 2013
Virginia Boileau
BHHS Fox & Roach
-
W
Buyer Co-Listing Agent in 2013
Wendy Cambria
BHHS Fox & Roach
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22005756
APN: 41-00087-0000-00020
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