NOT LISTED FOR SALE

502 Presidents Way Morganville, NJ 07751

Estimated Value: $1,533,000 - $1,723,000

5 Beds
4.5 Baths
4,360 Sq Ft
$370/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $1,250,000 $287 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,585/month

7 Days on Market

Highlights

  • Bay View
  • Custom Home
  • Conservatory Room
  • Frank Defino Central Elementary School Rated A-
  • New Kitchen
  • Fireplace in Primary Bedroom

About This Home

As of August 2021

Pristine Center Hall Colonial in desirable Georgetown Estates. Home features 5 Bedrooms. 4.5 baths, full finished WO lower level, 9ft ceilings 1st floor, 3 car garage and new roof & driveway. Two Story Foyer opens into living roof w/pillars, decorative molding and French Doors leading into Spacious Conservatory with Tray ceiling and hardwood flooring. Formal Dining room w/Crown Molding & Chair Rail. Two year old Gourmet Kitchen offers upgraded appliances, including 6 burner Thermador Range top, double wall oven, commercial grade exhaust fan and microwave in center island. Top of the line cabinets w/roll out soft close and walk in pantry. A greenhouse window and attached morning room completes this dream kitchen. Oversized 2 story family room with gas fireplace, Hardwood floor & picture frame molding. 5th bedroom on first level. Master Bedroom Suite is amazing with Gas Fireplace, sitting room, 3 walk in closets & separate shoe closet. Large attached Master Bath w/jacuzzi, double vanities, stall shower and water closet. Princess suite bedroom with bay window and full bath. Two additional bedrooms and full bath second level. Full finished walk out lower level w/open family room with built-ins. French Doors to game room. Beautiful bar with wine fridge and custom cabinetry. Separate Gym/Playroom and full bath. An abundance of storage thru-out. Private professional landscaped rear yard w/specimen plantings. Outdoor Kitchen with Fridge, Grill and Koi Pond make this a Country Club Oasis.

Last Agent to Sell the Property

Valerie Santangelo

Neuhaus Realty, Inc. Listed on: 06/18/2021

Last Buyer's Agent

Valerie Santangelo

Robert DeFalco Realty Inc. License #9485365

Robert DeFalco Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,763

Year Built

  • Built in 2001

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 141 x 142
  • Fenced
  • Oversized Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Double-Wide Driveway
  • On-Street Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding
  • Synthetic Stucco Exterior

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Greenhouse Windows
  • Bay Window
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Family Room Downstairs
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Conservatory Room
  • Home Gym
  • Center Hall
  • Bay Views
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Outdoor Features

  • Exterior Lighting
  • Outdoor Gas Grill

Utilities

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

Community Details

  • No Home Owners Association
  • Georgetown Ests Subdivision

Listing and Financial Details

  • Exclusions: 2 Kitchen lights, laundry room freezer, basement fridge and Lifts in Garage
  • Assessor Parcel Number 30-00159-02-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,763

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area, Oversized
  • Inclusions: Outdoor Lighting, Washer, Wall Oven, Window Treatments, Ceiling Fan(s), Dishwasher, Dryer, Double Oven, Microwave, Security System, Stove, Stove Hood, Refrigerator, Fireplace Equipment, Garage Door Opener, Gas Grill, Gas Cooking
  • Subdivision Name: Georgetown Ests
  • Architectural Style: Custom, Colonial
  • Reso Flooring: Ceramic Tile, Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Bay/Bow Window, Built-Ins, Ceilings - 9Ft+ 1st Flr, Center Hall, Conservatory, Dec Molding, Den, Fitness, French Doors, Security System, Recessed Lighting
  • Year Built: 2001
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 0.46
  • General Property Info Lot Dimensions: 141 x 142
  • Interior Attic - Pull Down Stairs: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Double Wide Drive: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Living Room French Doors2: Yes
  • Interior Den: Yes
  • Included Stove Hood: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen Ceramic Tile3: Yes
  • Included Double Oven: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Rooms Sitting: Yes
  • Garage Oversized: Yes
  • Parking Oversized2: Yes
  • Included Security System2: Yes
  • Included Gas Grill: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Floors Tile: Yes
  • Living Room BayBow Window2: Yes
  • Dining Room BayBow Window3: Yes
  • Exterior Security System3: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Rec Room Level Basement9: Yes
  • Interior Fitness: Yes
  • Exterior Greenhouse Window: Yes
  • Rooms Exercise Room2: Yes
  • Exercise Room Level Basement30: Yes
  • Interior Conservatory: Yes
  • Family Room Level Basement29: Yes
  • Siding Stucco - Synthetic: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Finished, Full, Full Finished, Heated, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Total Bedrooms: 20
  • Stories: 3
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Other Rooms:Basement3: Yes
  • Appliances Included:Wall Oven: Yes
  • OtherRoomsOther2: Yes
  • Other Rooms:Rec Room: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bedroom Fireplace - Gas2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.46
  • Topography: Level
  • Waterfront: No
  • Exclusions: 2 Kitchen lights, laundry room freezer, basement fridge and Lifts in Garage
  • Construction Type: Synthetic Stucco
  • Exterior Features: Fence, Greenhouse Window, Security System, Sprinkler Under, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Paved, Double Wide Drive, Driveway, On Street, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking:Paved: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant, HWBB, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 141 x 142
  • Lot Size Sq Ft: 20037.6
  • Parcel #: 30-00159-02-00004
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 21763.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 18, 2021
Sold by
Mckeon Martin and Mckeon Lorraine
Bought by
Yannotta Adam and Yannotta Ashley
Seller's Agent
Valerie Santangelo
Neuhaus Realty, Inc.
Buyer's Agent
Valerie Santangelo
Robert DeFalco Realty Inc.
List Price
$1,099,900
Sold Price
$1,250,000
Premium/Discount to List
$150,100
13.65%
Current Estimated Value
$1,615,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,250
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Jan 26, 2004
Sold by
Cortes Prospero
Bought by
Dalessandro Thomas and Dalessandro Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.62%

Purchase Details

Closed on
Jan 23, 2002
Sold by
Hovnanian K
Bought by
Cortes Prospero and Bueno Marita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

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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
Yannotta Adam $1,225,000 Watson Abstract Stlmt Svcs
Yannotta Adam $1,225,000 Wfg National Title
Dalessandro Thomas $825,000 --
Cortes Prospero $632,265 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckeon Martin $250,000
Previous Owner Dalessandro Thomas $625,000
Previous Owner Cortes Prospero $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $1,250,000 +13.6% $287 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $1,099,900 -- $252 / 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 $23,749 $941,300 $311,300 $630,000
2024 $22,723 $941,300 $311,300 $630,000
2023 $22,723 $941,300 $311,300 $630,000
2022 $22,083 $941,300 $311,300 $630,000
2021 $22,083 $941,300 $311,300 $630,000
2020 $21,763 $941,300 $311,300 $630,000
2019 $21,782 $941,300 $311,300 $630,000
2018 $21,405 $941,300 $311,300 $630,000
2017 $20,991 $941,300 $311,300 $630,000
2016 $20,906 $941,300 $311,300 $630,000
2015 $20,397 $932,200 $311,300 $620,900
2014 $18,667 $843,900 $261,300 $582,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22118768

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 30-00159-02-00004