NOT LISTED FOR SALE

5 Wales Ct Forked River, NJ 08731

Lacey Township Neighborhood

Estimated Value: $427,000 - $474,000

2 Beds
2 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold October 25, 2021

Last sale price $345,000

Est. 29% increase in value since last sale

Current estimated payment $2,843/month

6 Days on Market

Highlights

  • Active Adult
  • Backs to Trees or Woods
  • Cul-De-Sac
  • Clubhouse
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of October 2021

Beautiful, updated Elton model in desirable Pheasant Run. New Pergo floors throughout, all LG appliances, still under warranty. Move in ready! Quiet cul-de-sac street. Community offers clubhouse with pool, library, exercise room, and bocce ball court. Association dues include lawn care, snow removal, and garbage.

Last Agent to Sell the Property

Meghan Atkins

Keller Williams Shore Properties License #2079418 Listed on: 09/16/2021

Keller Williams Shore Properties

Last Buyer's Agent

Patricia Hogan

Gloria Nilson REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,763

Year Built

  • Built in 1986

Lot Details

  • 9,148 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System
  • Backs to Trees or Woods

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Window Screens
  • Sliding Doors
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Lacey Township 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 13-01024-04-00002

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include lawn maintenance, pool
  • Pheasant Run Subdivision, Elton Floorplan

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,763

Year Built

Built in 1986

Lot Details

0

HOA Fees

$60 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Model: Elton
  • ResoLotFeatures: Back to Woods, Cul-De-Sac
  • Reso Association Amenities: Association, Clubhouse
  • Reso Association Fee Includes: Lawn Maintenance, Pool
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Refrigerator, Screens, Garage Door Opener, Gas Cooking
  • Subdivision Name: Pheasant Run
  • Architectural Style: Ranch
  • Reso Interior Features: Attic - Pull Down Stairs
  • New Construction: No
  • Year Built: 1986
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.21
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Lot Description Back to Woods: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Common Elements Clubhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Style Ranch: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Lot Description Cul-De-Sac: Yes
  • GreatFamily Room Floor - Laminate6: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Floor - Laminate5: Yes
  • Primary Bath Floor - LinoleumVinyl7: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.21
  • Waterfront: No
  • Exterior Features: Sprinkler Under
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: 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: Yes
  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 13-01024-04-00002
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3763.0

MLS Schools

  • High School: Lacey Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 20, 2021
Sold by
Lee Kathy
Bought by
Salerno Joseph F and Salerno Rosalie M
Seller's Agent
Meghan Atkins
Keller Williams Shore Properties
Buyer's Agent
Patricia Hogan
Gloria Nilson REALTORS
List Price
$325,000
Sold Price
$345,000
Premium/Discount to List
$20,000
6.15%
Current Estimated Value
$445,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,549
Avg. Annual Appreciation
6.39%
Original Mortgage
$200,000
Outstanding Balance
$182,381
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$263,168

Purchase Details

Listed on
Jan 2, 2017
Closed on
May 30, 2017
Sold by
Burke Martha
Bought by
Lee Billy and Lee Kathy
Seller's Agent
Jean Miller
Coldwell Banker Riviera Realty
Buyer's Agent
Martin Whalen
Coldwell Banker Flanagan Realty
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%
Original Mortgage
$190,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2013
Sold by
Burke Martha
Bought by
Burke Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
2.69%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 16, 2003
Sold by
Bellmer Martin
Bought by
Burke Richard and Burke Martha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salerno Joseph F $345,000 Foundation Title Llc
Lee Billy $200,000 Counsellors Title
Burke Martha -- None Available
Burke Richard $184,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salerno Joseph F $200,000
Previous Owner Lee Billy $190,000
Previous Owner Burke Martha $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2021 10/25/21 Sold $345,000 +6.2% --
09/22/2021 09/22/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $325,000 +62.5% --
05/30/2017 05/30/17 Sold $200,000 -- $111 / Sq Ft View Prior Sale
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 $5,354 $211,300 $48,500 $162,800
2024 $5,006 $211,300 $48,500 $162,800
2023 $4,782 $211,300 $48,500 $162,800
2022 $4,782 $211,300 $48,500 $162,800
2021 $3,515 $174,700 $48,500 $126,200
2020 $3,763 $174,700 $48,500 $126,200
2019 $3,697 $174,700 $48,500 $126,200
2018 $3,653 $174,700 $48,500 $126,200
2017 $3,569 $174,700 $48,500 $126,200
2016 $3,305 $174,700 $48,500 $126,200
2015 $3,146 $174,700 $48,500 $126,200
2014 $2,801 $177,400 $58,500 $118,900
Source: Public Records

Agents Affiliated with this Home

  • Meghan Atkins

    Seller's Agent in 2021

    Meghan Atkins

    Keller Williams Shore Properties

    (848) 223-8759

    7 in this area

    11 Total Sales

    Meghan Atkins
    Section Image

  • P

    Buyer's Agent in 2021

    Patricia Hogan

    Gloria Nilson REALTORS

  • J

    Seller's Agent in 2017

    Jean Miller

    Coldwell Banker Riviera Realty

  • M

    Buyer's Agent in 2017

    Martin Whalen

    Coldwell Banker Flanagan Realty

    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22130577

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-01024-04-00002

New Jersey Ocean County Forked River 08731 Lacey Township

5 Wales Ct, Forked River, NJ

Not Listed for Sale

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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