NOT LISTED FOR SALE

5 Weldon Rd Matawan, NJ 07747

Estimated Value: $567,000 - $624,402

3 Beds
2 Baths
1,534 Sq Ft
$391/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $512,500 $334 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,212/month

93 Days on Market

Highlights

  • Lake On Lot
  • Custom Home
  • Deck
  • Matawan Reg High School Rated A-
  • New Kitchen
  • Backs to Trees or Woods

About This Home

As of January 2023

Beautifully remodeled ranch style home located in a charming development in Matawan, Green & White Village. This lakeside development is tucked away and has a wonderful small lakeside community feel. Updates include new driveway, new walkway, brand new kitchen that features great cabinet space, new appliances, new ctps,new stylish baths,hardwood flooring, grand fireplace in living room. Wonderful screened in rear porch, new decking too. The 2 car garage is oversized and features exceptionally high ceilings. Full high and dry basement that adds an approx additional 1,200 sq ft of living space, ready to be finished. Backyard is treed and private. Side open porch will be an inviting spot to relax any time of day. Come take a look, you'll love it!

Last Listed By

Donna Bruno

Coldwell Banker Realty Listed on: 10/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,384

Year Built

  • Built in 1980

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 65 x 146
  • Backs to Trees or Woods

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Double-Wide Driveway

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,534 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Stove
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Lake On Lot
  • Deck

Schools

  • Ravine Drive Elementary School
  • Matawan Avenue Middle School
  • Matawan Reg High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Grn & Wht Vill Subdivision, Ranch Floorplan

Listing and Financial Details

  • Assessor Parcel Number 31-00116-0000-00002-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,384

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Model: Ranch
  • ResoLotFeatures: Back to Woods, Lake
  • Inclusions: Dishwasher, Light Fixtures, Stove, Stove Hood, Refrigerator
  • Subdivision Name: Grn & Wht Vill
  • Architectural Style: Custom, Ranch, Expanded Ranch
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Attic
  • New Construction: No
  • Year Built: 1980
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.22
  • General Property Info Lot Dimensions: 65 x 146
  • General Property Info Farm: No
  • Location Middle School: Matawan Avenue
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Style Ranch: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Eat-In: Yes
  • Garage Oversized: Yes
  • Exterior Porch - Screened: Yes
  • Style Expanded Ranch: Yes
  • Lot Description Lake2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Other Rooms:Basement3: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.22
  • Topography: Level
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Deck, Porch - Screened
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, Double Wide Drive, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 65 x 146
  • Lot Size Sq Ft: 9583.2
  • Parcel #: 31-00116-0000-00002-01
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10384.0

MLS Schools

  • Elementary School: Ravine Drive
  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Jan 11, 2023
Sold by
Pitsilis Nikolaos
Bought by
Bhusan Bharat and Bharadwaj Jyoti
Seller's Agent
Donna Bruno
Coldwell Banker Realty
Buyer's Agent
Ranbir Singh
Compass New Jersey , LLC
List Price
$549,900
Sold Price
$512,500
Premium/Discount to List
-$37,400
-6.8%
Total Days on Market
93
Views
81
Current Estimated Value
$599,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,851
Avg. Annual Appreciation
7.04%
Original Mortgage
$200,000
Outstanding Balance
$194,593
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$404,758

Purchase Details

Listed on
Dec 17, 2021
Closed on
Apr 28, 2022
Sold by
Caroline Vena
Bought by
Pitsills Nikolaos and Rissiotis Savas
Seller's Agent
Donna Bruno
Coldwell Banker Realty
Buyer's Agent
Donna Bruno
Coldwell Banker Res. Brokerage
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.80%

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
Bhusan Bharat $512,500 Providence Abstract
Pitsills Nikolaos $300,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhusan Bharat $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $512,500 -1.4% $334 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
11/10/2022 11/10/22 Price Changed $519,900 -5.5% $339 / Sq Ft
10/15/2022 10/15/22 For Sale $549,900 +83.3% $358 / Sq Ft
05/13/2022 05/13/22 Sold $300,000 0.0% $196 / Sq Ft
12/31/2021 12/31/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $300,000 -- $196 / 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 $10,672 $503,000 $302,700 $200,300
2023 $10,672 $490,900 $292,700 $198,200
2022 $10,384 $449,000 $260,200 $188,800
2021 $10,384 $382,200 $210,200 $172,000
2020 $10,126 $370,100 $200,200 $169,900
2019 $9,511 $348,400 $182,700 $165,700
2018 $9,194 $331,300 $167,700 $163,600
2017 $9,098 $323,200 $162,700 $160,500
2016 $8,850 $321,100 $162,700 $158,400
2015 $8,473 $309,800 $157,700 $152,100
2014 $8,311 $305,000 $147,700 $157,300
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22232312

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00116-0000-00002-01