NOT LISTED FOR SALE

5 Mount Olive Ln Jackson, NJ 08527

Estimated Value: $789,000 - $862,000

4 Beds
2.5 Baths
2,788 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $638,000 $229 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,388/month

13 Days on Market

Highlights

  • Heated In Ground Pool
  • Solar Power System
  • Deck
  • Bay View
  • Custom Home
  • Backs to Trees or Woods

About This Home

As of October 2021

This impeccable ''farmhouse colonial'' on a pristine acre in a lovely culdesac neighborhood has it ALL~ fabulous Heated I/G POOL~ 4 bdrms w/closets galore, including the luxurious MasterSuite boasting DOUBLE Walk-In Closets & ensuite w/beautiful cabinetry & custom tiled soaking tub. The open & airy LivingRoom w/gorgeous hand-crafted fireplace mantel flows into the FamilyRoom w/sliders out to the magnificent back DECK. The impressive Eat-In CUSTOM KITCHEN gleams w/generous cabinetry, granite counters & breakfast bar, SS apps (double oven!) even a wine fridge! FINISHED BASEMENT has more entertaining space + Office & BONUS room. NEW ROOF w/leased solar, NEWER 2-zone furnace&AC, Septic system only 8 yrs old. EXCELLENT schools. HURRY!

Last Agent to Sell the Property

Cheryl Schmidt

Weichert Realtors-Jackson Listed on: 05/15/2021

Last Buyer's Agent

Michael Gruosso

Berkshire Hathaway HomeServices Fox & Roach - Perrineville

Berkshire Hathaway HomeServices Fox & Roach - Perrineville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,504

Year Built

  • Built in 1997

Lot Details

  • 1.03 Acre Lot
  • Fenced
  • Sprinkler System
  • Backs to Trees or Woods

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Farmhouse Style Home
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 2,788 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Wood Burning Fireplace
  • Blinds
  • Bay Window
  • Window Screens
  • Sliding Doors
  • Bonus Room
  • Center Hall
  • Bay Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom Bathtub Only

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Vinyl Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed
  • Storage Shed

Schools

  • ELMS Elementary School
  • Carl W. Goetz Middle School
  • Jackson Memorial High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Water Softener
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • South Fork Subdivision

Listing and Financial Details

  • Exclusions: personal items excluded. Negotiable: Washer, Dryer, pool table, couch in basement, fridge in garage.
  • Assessor Parcel Number 12-03902-0000-00084

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,504

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Back to Woods, Fenced Area
  • ResoPoolFeatures: Fenced, Heated, In Ground, Vinyl
  • Inclusions: Water Softener, Blinds/Shades, Ceiling Fan(s), Dishwasher, Double Oven, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Garage Door Opener, Gas Cooking
  • Subdivision Name: South Fork
  • Architectural Style: Farm House, Custom, Colonial, 2 Story, Other - See Remarks
  • Reso Flooring: Ceramic Tile, Laminate, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Bay/Bow Window, Bonus Room, Center Hall, Security System, Sliding Door, Breakfast Bar
  • Reso Other Structures: Storage Shed
  • Year Built: 1997
  • Contract Info List PriceSqFt: 209.83
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 1.03
  • Location Middle School: Carl W. Goetz
  • Interior Attic - Pull Down Stairs: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Back to Woods: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Interior BayBow Window: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Pool Fenced: Yes
  • Pool Vinyl2: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Ceramic Tile3: Yes
  • Included Double Oven: Yes
  • Floors Laminate: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen BayBow Window4: Yes
  • Roof Sloping: Yes
  • Exterior Solar Panels: Yes
  • Interior Bonus Room: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Style 2 Story: Yes
  • Energy Features Solar Panels Rented: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full, Full Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Security System: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Sloping, Shingle
  • Acres: 1.03
  • Waterfront: No
  • Exclusions: personal items excluded. Negotiable: Washer, Dryer, pool table, couch in basement, fridge in garage.
  • Exterior Features: Deck, Fence, Shed, Sprinkler Under, Swimming, Porch - Covered, Solar Panels, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes
  • Included Water Softener: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Carl W. Goetz

Lot Info

  • Lot Size Sq Ft: 44866.8
  • Parcel #: 12-03902-0000-00084

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11504.0

MLS Schools

  • Elementary School: Elms
  • High School: Jackson Memorial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Aug 23, 2021
Sold by
Handel Michael E and Handel Karen A
Bought by
Tocco Thomas and Capuana Margaret
Seller's Agent
Cheryl Schmidt
Weichert Realtors-Jackson
Buyer's Agent
Michael Gruosso
Berkshire Hathaway HomeServices Fox & Roach - Perrineville
List Price
$585,000
Sold Price
$638,000
Premium/Discount to List
$53,000
9.06%
Current Estimated Value
$831,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,364
Avg. Annual Appreciation
6.43%
Original Mortgage
$438,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1996
Sold by
Marsha Inc
Bought by
Handel Michael and Handel Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tocco Thomas $638,000 Innovation Title Inc
Tocco Thomas $638,000 Innovative Title
Handel Michael $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tocco Thomas $438,000
Previous Owner Handel Michael $109,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $638,000 +9.1% $229 / Sq Ft
09/20/2021 09/20/21 For Sale $585,000 0.0% $210 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $585,000 -- $210 / 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 $12,492 $803,200 $207,100 $596,100
2024 $12,064 $470,700 $129,800 $340,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cheryl Schmidt

    Weichert Realtors-Jackson

  • M

    Buyer's Agent in 2021

    Michael Gruosso

    Berkshire Hathaway HomeServices Fox & Roach - Perrineville

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22114808

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-03902-0000-00084

New Jersey Ocean County Jackson 08527

5 Mount Olive Ln, Jackson, NJ

Not Listed for Sale

Detached

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Information is deemed reliable but not guaranteed.

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