NOT LISTED FOR SALE

503 Wellington Place Matawan, NJ 07747

Estimated Value: $327,000 - $342,000

1 Bed
1 Bath
807 Sq Ft
$211/mo HOA Fee

Last Sold July 15, 2014

Last sale price $161,250 $200 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,363/month

417 Days on Market

Highlights

  • Outdoor Pool
  • 1 Fireplace
  • Den
  • Matawan Reg High School Rated A-
  • Tennis Courts
  • Jogging Path

About This Home

As of July 2014

Imagine the opportunity to own a beautiful custom remodeled condo in Wellington Pl with gas conversion, newer windows, and furnace. Enter into the spacious living room (den wall removed) to create an comfortable, open living space. Through the living room, you'll come to the dining room w/custom built in shelving and updated kitchen. You'll enjoy the Master bedroom w/walk-in closet & custom built-in Armoir. Pool, tennis courts, and jogging trail. Most furnishings in home also for sale.

Last Agent to Sell the Property

Timothy Kwok

RE/MAX Champions License #8543531 Listed on: 04/25/2013

Last Buyer's Agent

Melissa Haddad

VRI Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,235

Year Built

  • Built in 1979

Lot Details

  • 610

HOA Fees

  • $211 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 807 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Den
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Open Parking

Utilities

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

Additional Features

  • Outdoor Pool
  • Lower Level

Listing and Financial Details

  • Assessor Parcel Number 00114000000003

Community Details

Overview

  • Association fees include common area, exterior maint, mgmt fees
  • Wellington Pl Subdivision, Crowell Floorplan
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,235

Year Built

Built in 1979

Lot Details

0

HOA Fees

$211 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: CROWELL
  • Reso Association Amenities: Tennis Court, Association, Pool, Jogging Path
  • Reso Association Fee Includes: Common Area, Exterior Maint, Mgmt Fees
  • Inclusions: Washer, Dishwasher, Dryer, Stove, Refrigerator
  • Subdivision Name: Wellington Pl
  • Architectural Style: Lower Level, Condo
  • Year Built: 1979
  • Contract Info List PriceSqFt: 204.46
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Garage None4: Yes
  • SidingBrick: Yes
  • Kitchen Eat-In: Yes
  • Common Elements Tennis Court: Yes
  • Common Elements Jogging Path: Yes
  • Style Lower Level: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 211.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 00114000000003

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4235.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2013
Closed on
Jul 7, 2014
Sold by
Murphy Joseph
Bought by
Becaccio Virginia M
Seller's Agent
Timothy Kwok
RE/MAX Champions
Buyer's Agent
Melissa Haddad
VRI Homes
Sold Price
$161,250
Current Estimated Value
$333,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,481
Avg. Annual Appreciation
6.58%
Original Mortgage
$151,250
Outstanding Balance
$115,121
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$218,610

Purchase Details

Closed on
Oct 20, 2003
Sold by
Ryan Mary
Bought by
Murphy Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.96%

Purchase Details

Closed on
Aug 30, 2002
Sold by
Delnegro Donna
Bought by
Ryan Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
6.18%

Purchase Details

Closed on
Dec 30, 1997
Sold by
Booket Monica
Bought by
Deluca Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.09%
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
Becaccio Virginia M $161,250 Stewart Title Guaranty Co
Murphy Joseph $175,000 --
Ryan Mary $127,000 --
Deluca Donna $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becaccio Virginia M $151,250
Previous Owner Murphy Joseph $140,000
Previous Owner Ryan Mary $101,600
Previous Owner Deluca Donna $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2014 07/15/14 Sold $161,250 -- $200 / 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 $4,826 $310,700 $190,300 $120,400
2024 $4,892 $251,100 $134,100 $117,000
2023 $4,892 $240,500 $126,800 $113,700
2022 $4,869 $210,400 $102,900 $107,500
2021 $4,628 $189,300 $90,200 $99,100
2020 $4,628 $179,100 $82,200 $96,900
2019 $4,499 $169,000 $73,200 $95,800
2018 $4,414 $166,300 $75,000 $91,300
2017 $4,326 $165,500 $77,000 $88,500
2016 $4,313 $163,800 $77,000 $86,800
2015 $4,403 $168,700 $75,000 $93,700
2014 $4,302 $168,100 $75,000 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21314115

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00114-0000-00003-0000-C0503