NOT LISTED FOR SALE

51 Cherry Tree Ln Middletown, NJ 07748

New Monmouth Neighborhood

Estimated Value: $629,000 - $825,000

4 Beds
2.5 Baths
1,690 Sq Ft
$439/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $502,895 $298 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,790/month

5 Days on Market

Highlights

  • Bay View
  • Deck
  • Attic
  • Middletown Village Elementary School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of May 2022

Excellent investment opportunity or a chance to customize this home for yourself. Featuring hardwood floors and a sunroom, plus a large fenced in yard, this home is awaiting your creativity. Being sold as-is. Buyer to obtain CO.

Last Agent to Sell the Property

Lucia Bonilla

Keller Williams Realty Central Monmouth License #0564058 Listed on: 04/08/2022

Keller Williams Realty Central Monmouth

Last Buyer's Agent

Michael Milano

Weichert Realtors-Ocean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,239

Year Built

  • Built in 1958

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 134 x 125

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Split Level Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Bay Window
  • French Doors
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Bay Views
  • Eat-In Kitchen
  • Attic
  • Unfinished Basement

Flooring

  • Wood
  • Linoleum
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor

Laundry

  • Laundry Room
  • Laundry Tub

Outdoor Features

  • Deck

Schools

  • Middletown Village Elementary School
  • Thompson Middle School
  • Middle North High School

Utilities

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

Community Details

  • No Home Owners Association
  • Cherry Tree Vlg Subdivision

Listing and Financial Details

  • Exclusions: Personal belongings
  • Assessor Parcel Number 32-00600-0000-00108

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,239

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Refrigerator
  • Subdivision Name: Cherry Tree Vlg
  • Architectural Style: Split Level
  • Reso Flooring: Cement
  • Reso Interior Features: Attic, Bay/Bow Window, Bonus Room, French Doors, Laundry Tub, Sliding Door
  • New Construction: No
  • Year Built: 1958
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.38
  • General Property Info Lot Dimensions: 134 x 125
  • Location Middle School: Thompson
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Interior French Doors: Yes
  • Interior BayBow Window: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Interior Laundry Tub: Yes
  • Living Room BayBow Window2: Yes
  • Interior Bonus Room: Yes
  • GreatFamily Room Floor - LinoleumVinyl5: Yes
  • Style Split Level: Yes
  • Dining Room French Doors3: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Other Rooms:Sunroom: Yes
  • Basement:Unfinished: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom Level Third43: Yes
  • Primary Bedroom Half Bath: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.38
  • Waterfront: No
  • Exclusions: Personal belongings
  • Exterior Features: 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: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Lot Dimensions: 134 x 125
  • Lot Size Sq Ft: 16552.8
  • Parcel #: 32-00600-0000-00108
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8239.0

MLS Schools

  • Elementary School: Middletown Village
  • High School: Middle North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 24, 2022
Sold by
Unknown
Seller's Agent
Lucia Bonilla
Keller Williams Realty Central Monmouth
Buyer's Agent
Michael Milano
Weichert Realtors-Ocean
List Price
$425,000
Sold Price
$502,895
Premium/Discount to List
$77,895
18.33%
Current Estimated Value
$742,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,135
Avg. Annual Appreciation
11.55%
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
-- $502,895 Apolito Paul N
Milano Gregory J $502,895 Apolito Paul N
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $502,895 +18.3% $298 / Sq Ft
05/14/2022 05/14/22 For Sale $425,000 0.0% $251 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $425,000 -- $251 / 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 $10,771 $709,500 $440,500 $269,000
2024 $9,357 $654,800 $390,700 $264,100
2023 $9,357 $538,400 $373,300 $165,100
2022 $9,357 $436,300 $279,100 $157,200
2021 $7,989 $396,100 $256,300 $139,800
2020 $8,045 $376,300 $239,700 $136,600
2019 $8,254 $390,800 $239,700 $151,100
2018 $8,891 $410,300 $266,200 $144,100
2017 $7,689 $362,000 $222,300 $139,700
2016 $7,640 $358,500 $222,300 $136,200
2015 $7,397 $358,000 $222,300 $135,700
2014 $7,348 $347,100 $212,300 $134,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lucia Bonilla

    Keller Williams Realty Central Monmouth

    (732) 945-5253

    1 in this area

    4 Total Sales

    Lucia Bonilla
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Milano

    Weichert Realtors-Ocean

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22209169

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00600-0000-00108

New Jersey Monmouth County Middletown 07748 New Monmouth

51 Cherry Tree Ln, Middletown, NJ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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