NOT LISTED FOR SALE

507 Rio Grande Dr Unit 2307 Toms River, NJ 08755

Estimated Value: $532,000 - $557,000

3 Beds
2.5 Baths
1,936 Sq Ft
$283/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $398,000 $206 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,716/month

5 Days on Market

Highlights

  • New Kitchen
  • Backs to Trees or Woods
  • Granite Countertops
  • Deck
  • Wood Flooring
  • Den

About This Home

As of September 2021

This immaculate, light and bright home with modern design has it all!! Premium placement backing to the woods offers extra privacy and upgrades throughout including the fireplace and open kitchen with extra-large island and you'll fall in love. Enter the lower level through the direct entry garage you have a spacious recreation room, ample storage closets and glass sliding doors leading to the yard. Up to the main level you have hardwood floors with an elegantly designed kitchen with white shaker cabinetry, tiled backsplash, quartz counters, stainless appliances, an extra-large center island with pendant lighting open to the dining area that has siding doors that lead out to the private deck overlooking the woods offering great privacy to enjoy your morning coffee or evening glass of wine! The living room features a shiplap background featuring a custom electric fireplace. The open concept is great or entertaining! The upper level has the Primary suite with tray ceiling, walk-in closet and a bathroom featuring double sinks and a glass shower. Two additional spacious bedrooms, a full hall bathroom and laundry room. The home also features a central vacuum system for added convenience. Desirably located with a close proximity to highways, beaches, restaurants, entertainment and more.

Last Agent to Sell the Property

Karen Moses

Redfin Corporation License #0564244 Listed on: 08/13/2021

Redfin Corporation

Last Buyer's Agent

Beth Aiena

Fathom Realty NJ License #1646924

Fathom Realty NJ

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,155

Year Built

  • Built in 2018

Lot Details

  • Backs to Trees or Woods

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,936 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Recessed Lighting
  • Light Fixtures
  • Electric Fireplace
  • Sliding Doors
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 08-00166-0000-00003-01-C2307

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include common area, exterior maint, lawn maintenance, snow removal
  • River Wood Chase Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,155

Year Built

Built in 2018

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Back to Woods
  • Reso Association Amenities: Common Area
  • Reso Association Fee Includes: Common Area, Exterior Maint, Lawn Maintenance, Snow Removal
  • Inclusions: Washer, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: River Wood Chase
  • Architectural Style: Townhouse
  • Reso Flooring: Tile, W/W Carpet, Wood
  • Reso Interior Features: Den, Sliding Door, Breakfast Bar, Eat-in Kitchen, Recessed Lighting
  • Year Built: 2018
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Interior Den: Yes
  • Included Light Fixtures: Yes
  • Style Townhouse: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen KitchenDine: Yes
  • Floors Tile: Yes
  • Dining Room Sliding Door3: Yes
  • Living Room Fireplace - Electric4: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 3
  • Basement:None2: 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
  • Kitchen Pantry: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Balcony, Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: 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 Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Lot Info

  • Parcel #: 08-00166-0000-00003-01-C2307

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6155.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 22, 2021
Sold by
Ayers Frank J and Ayers Katarzyna Loc
Bought by
Tal Malhi
Seller's Agent
Karen Moses
Redfin Corporation
Buyer's Agent
Beth Aiena
Fathom Realty NJ
List Price
$388,000
Sold Price
$398,000
Premium/Discount to List
$10,000
2.58%
Current Estimated Value
$544,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,193
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Dec 10, 2020
Sold by
Groh Kristen and Loukides Neil
Bought by
Ayers Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,600
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2018
Sold by
Nvr Inc
Bought by
Groh Kristen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,101
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 18, 2018
Sold by
Nobility Crest At Dover Llc
Bought by
Nvr Inc and Ryan Homes
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
Tal Malhi $398,000 All Ahead Title Agency Llc
Ayers Frank J $328,000 Quicksilva Title And Escrow
Groh Kristen J $306,779 Pinnacle Title Agency Inc
Nvr Inc $95,000 Title America
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayers Frank J $311,600
Previous Owner Groh Kristen J $276,101
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $398,000 +2.6% $206 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $388,000 -- $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
2024 $6,446 $372,400 $185,000 $187,400
2023 $6,212 $372,400 $185,000 $187,400
2022 $6,212 $372,400 $185,000 $187,400
2021 $6,183 $247,500 $70,000 $177,500
2020 $6,155 $247,500 $70,000 $177,500
2019 $1,665 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22126464

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08 00166-0000-00003- 02-C2307