51 Elm Place Red Bank, NJ 07701
Estimated Value: $876,771 - $909,000
3
Beds
1.5
Baths
1,542
Sq Ft
$578/Sq Ft
Est. Value
Highlights
- Bay View
- Colonial Architecture
- Marble Flooring
- Red Bank Reg High School Rated A
- Deck
- No HOA
About This Home
As of March 2018Live on one of the best blocks in Red Bank! This classic colonial commands curb appeal on a quiet, residential street just steps to downtown. Inside, the home is updated and ready for today’s buyer with hardwood floors, crown mouldings, updated bathrooms, light kitchen and an open feeling throughout. Bedrooms are all sized well and include walk-in closets. The upstairs bathroom was recently renovated with gray basket-weave marble flooring and marble vanity. Entertaining is easy on the two-tiered deck overlooking a deep backyard not commonly found in Red Bank! Massive detached garage and additional land beyond the garage…bring your imagination and creativity. Hidden plumbing and wiring upgrades as well! Excellent walkability to town and public transportation. Annual block party!
Last Agent to Sell the Property
Compass New Jersey LLC License #1434505 Listed on: 05/15/2017
Last Buyer's Agent
Nicole Kelly
Coldwell Banker Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,847
Year Built
- Built in 1925
Lot Details
- Lot Dimensions are 35 x 260
- Fenced
Parking
- 2 Car Detached Garage
- Oversized Parking
- Workshop in Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Built-In Features
- Crown Molding
- Ceiling Fan
- Skylights
- Recessed Lighting
- Bay Window
- Entrance Foyer
- Living Room
- Dining Room
- Bay Views
- Pull Down Stairs to Attic
- Unfinished Basement
Kitchen
- Gas Cooktop
- Stove
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Red Bank Prm Elementary School
- Red Bank Middle School
- Red Bank Reg High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Personal possessions, TVs
- Assessor Parcel Number 39-00049-0000-00029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2017
Closed on
Mar 13, 2018
Sold by
Dunne Stephen and Dunne Lauren
Bought by
Baumann William J and Baumann Linda S
Seller's Agent
Stacie Bender
Compass New Jersey LLC
Buyer's Agent
Nicole Kelly
Coldwell Banker Realty
Sold Price
$560,000
Total Days on Market
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,943
Avg. Annual Appreciation
6.64%
Original Mortgage
$330,000
Outstanding Balance
$285,832
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$606,111
Purchase Details
Closed on
May 28, 2008
Sold by
Cole Joseph S and Cole Jodi
Bought by
Dunne Stephen and Dunne Lauren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 12, 2004
Sold by
Witschel Matthew
Bought by
Cole Joseph and Cole Jodi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.28%
Purchase Details
Closed on
Apr 15, 1999
Sold by
Berkefeld Carol
Bought by
Witschel Matthew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.92%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Baumann William J | $560,000 | -- | |
| Dunne Stephen | $470,000 | None Available | |
| Cole Joseph | $430,000 | -- | |
| Witschel Matthew | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baumann William J | $330,000 | |
| Previous Owner | Dunne Lauren | $394,301 | |
| Previous Owner | Dunne Stephen | $417,000 | |
| Previous Owner | Cole Joseph S | $100,000 | |
| Previous Owner | Cole Joseph S | $347,000 | |
| Previous Owner | Cole Joseph S | $55,000 | |
| Previous Owner | Cole Joseph | $344,000 | |
| Previous Owner | Witschel Matthew | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2018 03/15/18 | Sold | $560,000 | -- | $363 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $13,564 | $752,600 | $328,700 | $423,900 |
| 2023 | $13,564 | $709,800 | $297,700 | $412,100 |
| 2022 | $13,078 | $676,400 | $281,900 | $394,500 |
| 2021 | $13,078 | $584,600 | $225,500 | $359,100 |
| 2020 | $12,569 | $553,200 | $225,500 | $327,700 |
| 2019 | $12,015 | $543,400 | $225,500 | $317,900 |
| 2018 | $9,325 | $426,400 | $225,500 | $200,900 |
| 2017 | $8,970 | $425,100 | $225,500 | $199,600 |
| 2016 | $8,847 | $419,900 | $225,500 | $194,400 |
| 2015 | $8,695 | $427,700 | $265,500 | $162,200 |
| 2014 | $8,182 | $427,700 | $265,500 | $162,200 |
Source: Public Records
Agents Affiliated with this Home
-
Stacie Bender
S
Seller's Agent in 2018
Stacie Bender
Compass New Jersey LLC
(973) 818-9668
2 in this area
73 Total Sales
-
Nicole Kelly
Buyer's Agent in 2018
Nicole Kelly
Coldwell Banker Realty
(732) 559-1737
6 in this area
95 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21718964
APN: 39-00049-0000-00029
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