NOT LISTED FOR SALE

5 Elm Place Red Bank, NJ 07701

Estimated Value: $910,089 - $991,000

3 Beds
2 Baths
2,024 Sq Ft
$471/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $585,000 $289 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,390/month

3 Days on Market

Highlights

  • New Kitchen
  • Colonial Architecture
  • Attic
  • Red Bank Reg High School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of July 2020

This Queen Anne colonial is the quintessential Red Bank experience. Updated and lovingly maintained with 3 bedrooms and 2 full baths. Hardwood flooring. Open concept kitchen with center island ideal for entertaining. SS appliances and granite countertops. Custom tile work. Rocking chair front porch. Detached garage all set upon a large level lot, with-in walking distance to down town Red Bank. 2nd floor laundry room.

Last Agent to Sell the Property

David Sgalambro

Melrose Realty, LLC License #1005279 Listed on: 06/14/2020

Last Buyer's Agent

Kelly Zaccaro

Gloria Nilson & Co. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,765

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 33 x 191
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,024 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Skylights
  • Recessed Lighting
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Shed
  • Storage Shed

Schools

  • Red Bank Prm Elementary School
  • Red Bank 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 39-00049-0000-00044

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,765

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Treed Lots
  • Inclusions: Washer, Wall Oven, Dishwasher, Dryer, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Flooring: W/W Carpet, Wood
  • Reso Interior Features: Attic, Dec Molding, Skylight, Recessed Lighting
  • Reso Other Structures: Storage Shed
  • Year Built: 1925
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 33 x 191
  • Location Middle School: Red Bank
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Treed Lots: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Kitchen Floor - Wood4: Yes
  • Foyer Dec Molding2: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 11
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Foyer: Yes
  • Appliances Included:Wall Oven: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Patio, Shed, Porch - Covered
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Common, Off Street, On Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes
  • GarageParking:Common: 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 Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 33 x 191
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 39-00049-0000-00044
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10765.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Jul 30, 2020
Sold by
Oherron Edward P and Oherron Kathleen
Bought by
Bruno Christina and Ramirez Brian M
Seller's Agent
David Sgalambro
Melrose Realty, LLC
Buyer's Agent
Kelly Zaccaro
Gloria Nilson & Co. Real Estate
List Price
$615,000
Sold Price
$585,000
Premium/Discount to List
-$30,000
-4.88%
Current Estimated Value
$952,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,617
Avg. Annual Appreciation
10.16%
Original Mortgage
$456,000
Outstanding Balance
$409,026
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$541,939
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
Bruno Christina $585,000 Acres Land Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruno Christina $456,000
Previous Owner Oharron Edward P $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $585,000 -4.9% $289 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/14/2020 06/14/20 For Sale $615,000 -- $304 / 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
2024 $13,545 $751,400 $322,800 $428,600
2023 $13,545 $708,800 $292,100 $416,700
2022 $13,073 $675,400 $276,600 $398,800
2021 $13,073 $584,400 $221,300 $363,100
2020 $11,249 $495,100 $221,300 $273,800
2019 $10,765 $486,900 $221,300 $265,600
2018 $10,432 $477,000 $221,300 $255,700
2017 $10,031 $475,400 $221,300 $254,100
2016 $9,880 $468,900 $221,300 $247,600
2015 $8,124 $411,900 $261,300 $150,600
2014 $7,630 $411,900 $261,300 $150,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Sgalambro

    Melrose Realty, LLC

    (908) 578-8071

    4 in this area

    98 Total Sales

    Section Image

  • K

    Buyer's Agent in 2020

    Kelly Zaccaro

    BHHS Fox & Roach

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22019299

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00049-0000-00044

New Jersey Monmouth County Red Bank 07701

5 Elm Place, Red Bank, NJ

This home is located at 5 Elm Place, Red Bank, NJ 07701 since 14 June 2020 and is currently estimated at $954,022, approximately $471 per square foot. This property was built in 1925. 5 Elm Place is a home located in Monmouth County with nearby schools including Red Bank Primary School, Red Bank Middle School, and Red Bank Reg 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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