NOT LISTED FOR SALE

500 Locust Point Rd Rumson, NJ 07760

Locust Neighborhood

Estimated Value: $771,000 - $1,293,000

5 Beds
2.5 Baths
2,162 Sq Ft
$487/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $390,000 $180 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $6,552/month

Highlights

  • Deck
  • Wood Flooring
  • Skylights
  • Navesink Elementary School Rated A
  • Farmhouse Style Home
  • Oversized Parking

About This Home

As of August 2024

ANNUAL Rental - 500 Locust Pt. a single-family 5-bed/2.5-bath in the historic Locust section of Middletown with a Rumson zip code. Set on over half an acre the home features a large family room with vaulted ceilings, large windows, a sprawling backyard offering a deck & hot tub, and a detached 1-car garage with heat and electricity. This home offers both tranquility and convenience - Located just 5 minutes from the SeaStreak ferry, and a short drive to the train, top-notch restaurants, and the most beautiful beaches Jersey has to offer. Experience the best of Monmouth County - schedule a viewing today!

Last Agent to Rent the Property

Anthony Barone

EXP Realty License #20826226 Listed on: 08/08/2024

EXP Realty

Last Renter's Agent

Dayna Palmieri

EXP Realty License #2442371

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,755

Year Built

  • 1933

Lot Details

  • 0.54

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Skylights
  • Gas Fireplace
  • Walk-Out Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Oversized Parking
  • Driveway

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Septic System

Additional Features

  • Deck
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 32-00840-0000- 00053

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,755

Year Built

1933

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Stove, Refrigerator, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Farm House
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • ExteriorFence: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Kitchen Ceramic Tile3: Yes
  • Lease Requirements Security Deposit4: Yes
  • Parking Oversized2: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Cooling Multi Units: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Living Room Built-Ins2: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Special Features: None
  • Year Built: 1933

Interior Features

  • Basement: Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Walk-Out Access: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Skylight9: Yes
  • Primary Bedroom Floor - Laminate8: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Deck, Fence

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Oversized, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: See Remarks, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Parcel #: 32-00840-0000- 00053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Nov 21, 2019
Sold by
Vancleve Mark and Vancleve Van Cleve
Bought by
Alessandro Dominic S D
Seller's Agent
Theresa Capuano
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
Buyer's Agent
Brett Sikora
Keller Williams City Life
Sold Price
$390,000
Total Days on Market
15
Current Estimated Value
$1,053,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,211
Avg. Annual Appreciation
18.16%
Original Mortgage
$399,095
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1994
Sold by
Estate Edna Johnson
Bought by
Linneham Roseanna and Vancleve Donna
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
Alessandro Dominic S D $420,100 Allied Title Llc Suite
Linneham Roseanna $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dalessandro Dominic S $174,000
Open Dalessandro Dominic $395,000
Closed Alessandro Dominic S D $399,095
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2024 08/24/24 Rented $4,500 0.0% --
08/08/2024 08/08/24 For Rent $4,500 0.0% --
09/15/2023 09/15/23 Rented $4,500 -10.0% --
09/07/2023 09/07/23 Price Changed $5,000 -4.8% $2 / Sq Ft
09/01/2023 09/01/23 Price Changed $5,250 -3.7% $2 / Sq Ft
08/28/2023 08/28/23 For Rent $5,450 0.0% --
10/25/2019 10/25/19 Sold $390,000 -- $180 / 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 $9,755 $633,300 $421,300 $212,000
2023 $9,755 $561,300 $410,500 $150,800
2022 $9,604 $491,400 $347,800 $143,600
2021 $9,604 $462,600 $334,900 $127,700
2020 $9,553 $446,800 $334,900 $111,900
2019 $9,422 $446,100 $334,900 $111,200
2018 $9,554 $440,900 $334,900 $106,000
2017 $10,201 $466,000 $334,900 $131,100
2016 $10,163 $476,900 $334,900 $142,000
2015 $10,510 $476,200 $334,900 $141,300
2014 $10,500 $464,000 $334,900 $129,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22422818

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00840-0000-00053