NOT LISTED FOR SALE

5 Prospect Cir Atlantic Highlands, NJ 07716

Estimated Value: $1,136,126 - $1,571,000

8 Beds
3 Baths
3,395 Sq Ft
$397/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $925,000 $272 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,342/month

14 Days on Market

Highlights

  • Water Views
  • Heated In Ground Pool
  • Shore Colonial Architecture
  • Atlantic Highlands Elementary School Rated A-
  • Wood Flooring
  • Workshop

About This Home

As of January 2021

Perched in the hills of Atlantic Highlands sits one of this town's most stately and iconic homes. Featured in an 1899 Promotional Ad (see attached documents), this large Victorian Seashore Cottage features 8 Bedrooms and 3 full bathrooms. It has been thoughtfully updated throughout its history while maintaining many original details including: high ceilings, pocket doors, wood burning fireplace in dining room plus hardwood floors throughout. The first floor has a large living room and foyer with French doors opening to one of the most prominent features of the home, its magnificent wrap around porch with beautiful views of the NYC skyline. Small 1st floor bedroom/office, full bathroom & kitchen complete the lower level. There are two additional balconies on 2nd floor, along with... 4 bedrooms and full bath. The 3rd floor consists of another 2 bedrooms and a full bathroom. The home has been well maintained but is just waiting to be brought back to its original grandeur. This property includes an adjacent lot, which owner used to construct a fully fenced in-ground pool. The design of the outside space leaves plenty of yard to enjoy! Act quickly - opportunities like this are rarely available. Owner will obtain C/O.

Last Agent to Sell the Property

Olga Mackin

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #1537744 Listed on: 09/18/2020

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Joan Penta McCoy

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #7940040

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,720

Year Built

  • Built in 1899

Lot Details

  • 0.27

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Shore Colonial Architecture
  • Victorian Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,395 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Skylights
  • Track Lighting
  • Wood Burning Fireplace
  • Dining Room with Fireplace
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Freezer
  • Disposal

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Pool

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Atl Highland Elementary School
  • Henry Hudson High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 05-00073-0000-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,720

Year Built

Built in 1899

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: See Remarks, Other
  • ResoPoolFeatures: Fenced, Heated, In Ground, Pool Equipment, Vinyl
  • Inclusions: Washer, Track Lighting, Ceiling Fan(s), Dryer, Stove, Refrigerator, Freezer, Fireplace Equipment, Garbage Disposal, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Shore Colonial, Victorian
  • Reso Flooring: Linoleum/Vinyl, Wood
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr
  • Year Built: 1899
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • General Property Info Lot Dimensions: 2 lots; See Documents
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Included Ceiling Fan(s): Yes
  • Pool Fenced: Yes
  • Pool Pool Equipment: Yes
  • Pool Vinyl2: Yes
  • Basement Workshop Workbench: Yes
  • Kitchen Eat-In: Yes
  • Style Shore Colonial: Yes
  • Included Garbage Disposal: Yes
  • Kitchen Skylight4: Yes
  • Included Track Lighting: Yes
  • Dining Room Fireplace - Woodburning3: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full, Unfinished, Workshop/ Workbench
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplaces: 1
  • Stories: 3
  • Full Basement: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Appliances Included:Freezer: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Other - See Remarks, Shingle
  • Waterfront: No
  • Exclusions: Personal Items
  • Exterior Features: Balcony, Swimming, Porch - Covered
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: On Street
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 2 lots; See Documents
  • Parcel #: 05-00073-0000-00006
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 16720.0

MLS Schools

  • Elementary School: Atl Highland
  • High School: Henry Hudson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Jan 2, 2021
Sold by
Kovac Russell A and Kovac Teresa L
Bought by
Mcgill Zachary and Vega Lisaira
Seller's Agent
Olga Mackin
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Joan Penta McCoy
Berkshire Hathaway HomeServices Fox & Roach - Rumson
List Price
$899,000
Sold Price
$925,000
Premium/Discount to List
$26,000
2.89%
Current Estimated Value
$1,348,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,532
Avg. Annual Appreciation
8.26%
Original Mortgage
$740,000
Outstanding Balance
$659,987
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$688,545

Purchase Details

Closed on
Feb 15, 2018
Sold by
Kovac Teresa L and Kovac Russel A
Bought by
Kovac Trust

Purchase Details

Closed on
Apr 18, 2011
Sold by
Irizarry Teresa L and Russell Teresa L
Bought by
Rarry Teresa L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcgill Zachary $925,000 Property Transfer Svcs Inc
Kovac Trust -- None Available
Rarry Teresa L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgill Zachary $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $925,000 +2.9% $272 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $899,000 -- $265 / 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 $13,969 $871,200 $462,400 $408,800
2024 $13,232 $839,000 $437,700 $401,300
2023 $13,232 $774,700 $382,800 $391,900
2022 $13,898 $760,900 $387,700 $373,200
2021 $13,898 $707,300 $361,200 $346,100
2020 $14,001 $704,300 $358,200 $346,100
2019 $13,913 $702,300 $358,200 $344,100
2018 $13,458 $686,300 $358,200 $328,100
2017 $11,108 $417,900 $225,100 $192,800
2016 $10,953 $417,900 $225,100 $192,800
2015 $10,669 $417,900 $225,100 $192,800
2014 $10,324 $409,500 $216,700 $192,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22033553

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 05-00073-0000-00006