NOT LISTED FOR SALE

507 Albermarle St Rahway, NJ 07065

Estimated Value: $472,000 - $556,000

3 Beds
2 Baths
768 Sq Ft
$686/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $400,000 $521 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,690/month

43 Days on Market

Highlights

  • Cape Cod Architecture
  • Home Office
  • Eat-In Kitchen
  • No HOA
  • 1 Car Detached Garage
  • Crown Molding

About This Home

As of May 2021

A beautiful cape home featuring four bedrooms on a level lot in a quiet neighborhood. This home boasts a beautiful updated kitchen with gas appliances, master suite and additional bedroom on the first floor including the living room and full bath. The second level of the home has an additional bedroom and an area for use as a possible office or Den. The basement is finished with an additional bedroom, TV / living room private office and closets for additional storage. You'll also find the laundry room and utility room in the basement next to the home office. At the end of the driveway, there is a one-car garage, back patio (deck) and backyard for summer entertaining and family gatherings. The driveway can easily fit 3 cars, the garage can be used as a workshop or parking.

Last Agent to Sell the Property

Dominick Leone

Diane Turton, Realtors-Toms River Listed on: 01/20/2021

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,002

Year Built

  • Built in 1922

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 100
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Downstairs
  • Living Room
  • Home Office
  • Laundry Tub

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Exterior Lighting

Schools

  • Rahway Middle School
  • Rahway High School

Utilities

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

Community Details

  • No Home Owners Association
  • Inman Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13 00030-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,002

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Ceiling Fan(s), Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: Inman Heights
  • Architectural Style: Detached, Cape
  • Reso Flooring: W/W Carpet
  • Reso Interior Features: Dec Molding, Den, Laundry Tub, Recessed Lighting
  • Year Built: 1922
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.06
  • General Property Info Lot Dimensions: 25 x 100
  • Location Middle School: Rahway
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Interior Den: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Floor - Ceramic4: Yes
  • Style Cape: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Interior Laundry Tub: Yes
  • Foyer Floor - WW Carpet: Yes
  • Family Room Level Basement29: Yes
  • Office Level Basement12: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Heated, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 10
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Basement3: Yes
  • Other Rooms:Office2: Yes
  • Other Rooms:Den2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.06
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Fence, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, Asphalt, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes
  • Parking Features:Garage Detached: 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

Schools

  • Middle Or Junior School: Rahway

Lot Info

  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2613.6
  • Parcel #: 13 00030-0000-00013
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6002.0

MLS Schools

  • High School: Rahway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Bansil Kahtleen and Bansil Kathleen
Bought by
Bansil Kathleen and Bansil Rolando
Total Days on Market
43
Current Estimated Value
$527,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,447
Outstanding Balance
$39,186
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$487,836

Purchase Details

Listed on
Jan 20, 2021
Closed on
May 14, 2021
Sold by
Pantozzi Charles R and Schreiber Laura
Bought by
Bansil Kathleen and Bansil Rolanda
Seller's Agent
Dominick Leone
Diane Turton, Realtors-Toms River
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$379,900
Sold Price
$400,000
Premium/Discount to List
$20,100
5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$392,755
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 18, 2016
Closed on
Jul 19, 2016
Sold by
Brad Fleischman
Bought by
Schreiber Laura and Pantozzi Charles
Seller's Agent
MICHAEL DECARLO
ALL TOWNE REALTY, INC.
Buyer's Agent
MICHAEL DECARLO
ALL TOWNE REALTY, INC.
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$245,000
Interest Rate
3.42%

Purchase Details

Closed on
Sep 30, 2003
Sold by
Fedo John
Bought by
Fleischman Brad and Fleischman Debra

Purchase Details

Closed on
Jul 12, 1999
Sold by
Scalzo Howard L
Bought by
Fedo John and Fedo Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,936
Interest Rate
7.49%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Bansil Kathleen -- Clearedge Title
Bansil Kathleen $400,000 Title Guarantee Inc
Schreiber Laura -- --
Fleischman Brad $252,000 --
Fedo John $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bansil Kathleen $39,447
Previous Owner Bansil Kathleen $34,851
Previous Owner Bansil Kathleen $392,755
Previous Owner Schreiber Laura $245,000
Previous Owner Schreiber Laura --
Previous Owner Schreiber Laura $245,000
Previous Owner Fleischman Brad $212,500
Previous Owner Fleischman Brad $61,300
Previous Owner Fedo John $126,936
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $400,000 +5.3% $521 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $379,900 +28.8% $495 / Sq Ft
07/08/2016 07/08/16 Sold $295,000 -1.6% $384 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $299,900 -- $390 / 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 $10,722 $149,500 $62,900 $86,600
2023 $10,722 $149,500 $62,900 $86,600
2022 $10,498 $149,500 $62,900 $86,600
2021 $9,578 $137,800 $62,900 $74,900
2020 $9,543 $137,800 $62,900 $74,900
2019 $9,421 $137,800 $62,900 $74,900
2018 $9,223 $137,800 $62,900 $74,900
2017 $8,996 $137,800 $62,900 $74,900
2016 $8,203 $128,400 $62,900 $65,500
2015 $8,111 $128,400 $62,900 $65,500
2014 $7,966 $128,400 $62,900 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22101690

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00030-0000-00013