NOT LISTED FOR SALE

501 Primrose Ln Keyport, NJ 07735

Estimated Value: $494,000 - $509,261

3 Beds
2 Baths
1,598 Sq Ft
$315/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $368,000 $230 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,334/month

5 Days on Market

Highlights

  • Solar Power System
  • Deck
  • 1 Car Attached Garage
  • Matawan Reg High School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of December 2021

Location! Location! Location! This spacious bi-level home is located in a prime location on a quiet street in the Heart of Keyport. Conveniently located to Rt.35 shopping centers ,restaurants and in proximity to the Cliffwood beach. First floor has a 1 bedroom, full bath, family room ,utility room and enter to the garage. Sliding door from the family room leads to the deck and backyard. Second floor has a eat-in kitchen, dining room, living room combo, full bath and the other 2 bedrooms. Additional perks: solar panels (leased) which helps homeowners save $$, fenced backyard, shed and easy maintain landscaping. Low taxes!

Last Agent to Sell the Property

Igor Zaslavskiy

Formula Realty, LLC License #1435016 Listed on: 10/28/2021

Last Buyer's Agent

Janice Rizzo

Robert DeFalco Realty Inc. License #1324783

Robert DeFalco Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,022

Year Built

  • Built in 1997

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 80 x 75
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Sliding Doors
  • Laminate Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Outdoor Features

  • Deck
  • Shed

Schools

  • Lloyd Road Elementary School
  • Matawan Reg High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal belongings
  • Assessor Parcel Number 01-00293-0000-00008-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,022

Year Built

Built in 1997

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dishwasher, Dryer, Stove
  • Subdivision Name: None
  • Architectural Style: Bi-Level, 2 Story
  • Reso Interior Features: Attic - Pull Down Stairs, Sliding Door
  • New Construction: No
  • Year Built: 1997
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 80 x 75
  • Style Bi-Level: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • SidingAluminum: Yes
  • Foyer Two Story: Yes
  • ExteriorDeck: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Kitchen Eat-In: Yes
  • Exterior Solar Panels: Yes
  • Style 2 Story: Yes
  • Energy Features Solar Panels Rented: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal belongings
  • Construction Type: Aluminum Siding
  • Exterior Features: Deck, Shed, Solar Panels

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: 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

  • Association: No

Lot Info

  • Lot Dimensions: 80 x 75
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 01-00293-0000-00008-01
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8022.0

MLS Schools

  • Elementary School: Lloyd Road
  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 21, 2021
Sold by
Holder Shirley M
Bought by
501 Primrose Lane Llc
Seller's Agent
Igor Zaslavskiy
Formula Realty, LLC
Buyer's Agent
Janice Rizzo
Robert DeFalco Realty Inc.
List Price
$359,000
Sold Price
$368,000
Premium/Discount to List
$9,000
2.51%
Current Estimated Value
$503,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,565
Avg. Annual Appreciation
8.24%
Original Mortgage
$276,000
Outstanding Balance
$253,643
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$249,922

Purchase Details

Closed on
Mar 1, 2004
Sold by
Hill Ezra
Bought by
Holder Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
5.56%

Purchase Details

Closed on
Jun 12, 1997
Sold by
Larsen Edwin
Bought by
Hill Ezra and Gray Sherion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.79%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 1996
Sold by
Juhasz Erisebet
Bought by
Carsen Edwin
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
501 Primrose Lane Llc $368,000 Afrm Title & Abstract
501 Primrose Lane Llc $368,000 Afrm Title & Abstract
Holder Shirley $255,000 --
Hill Ezra $131,000 --
Carsen Edwin $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 501 Primrose Lane Llc $276,000
Closed 501 Primrose Lane Llc $276,000
Previous Owner Holder Shirley $242,250
Previous Owner Hill Ezra $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2021 12/21/21 Sold $368,000 +2.5% $230 / Sq Ft
10/28/2021 10/28/21 For Sale $359,000 -- $225 / 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 $8,218 $450,500 $274,500 $176,000
2024 $7,963 $400,900 $228,100 $172,800
2023 $7,963 $367,300 $185,300 $182,000
2022 $7,658 $335,900 $162,600 $173,300
2021 $7,658 $304,100 $150,000 $154,100
2020 $8,022 $293,000 $142,400 $150,600
2019 $7,871 $279,200 $129,400 $149,800
2018 $7,459 $264,800 $122,000 $142,800
2017 $7,448 $268,200 $128,000 $140,200
2016 $6,825 $256,400 $118,000 $138,400
2015 $7,107 $256,100 $108,000 $148,100
2014 $7,093 $260,200 $113,000 $147,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22135226

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00293-0000-00008-01