NOT LISTED FOR SALE

51 Rector Place Red Bank, NJ 07701

Estimated Value: $900,000 - $1,484,000

2 Beds
1 Bath
838 Sq Ft
$1,492/Sq Ft Est. Value

Last Sold June 12, 2014

Last sale price $315,000 $376 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $8,222/month

42 Days on Market

Highlights

  • River View
  • Wood Flooring
  • Cottage
  • Red Bank Reg High School Rated A
  • No HOA
  • Porch

About This Home

As of June 2014

WATERFRONT ON THE NAVESINK GREAT LOCATION WALK TO TOWN, TRAIN STATION LOCAL SHOPPING SELLING AS IS BUYER RESPONSIBLE FOR ALL INSPECTIONS AND CERTIFICATES

Last Agent to Sell the Property

Ralph Barone

NJ REO Managment & Realty License #9233287 Listed on: 12/26/2013

Last Buyer's Agent

Marissa Ferrari

Keller Williams Realty West Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,717

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 33 x 250
  • River Front

Home Design

  • Cottage
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • River Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outbuilding
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00001000000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,717

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Riverfront
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Wood
  • New Construction: No
  • Reso Other Structures: Misc Building
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 33 X 250
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Style CottageBungalow: Yes
  • Lot Description Riverfront2: Yes
  • Water Type Riverview: Yes
  • Siding Wood2: Yes
  • Out Buildings Misc Building: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Waterfront Features: Riverview
  • Waterfront: Yes
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 33 X 250
  • Parcel #: 00001000000005

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 9717.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2013
Closed on
May 7, 2014
Sold by
U S Bank Na
Bought by
Barnes Karen D
Seller's Agent
Ralph Barone
NJ REO Managment & Realty
Buyer's Agent
Marissa Ferrari
Keller Williams Realty West Monmouth
Sold Price
$315,000
Current Estimated Value
$1,250,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$935,574
Avg. Annual Appreciation
12.93%

Purchase Details

Closed on
Jan 23, 2006
Sold by
Marangos Vassos S
Bought by
Marangos Vassos S

Purchase Details

Closed on
Feb 21, 2003
Sold by
Hartman Donald
Bought by
Marrangos Vassos and Marangos Cecily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
5.86%

Purchase Details

Closed on
Mar 29, 1996
Sold by
Wood Anthony
Bought by
Hartman Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.31%

Purchase Details

Closed on
Aug 30, 1995
Sold by
Colangelo Anthony
Bought by
Rocco Anthony

Purchase Details

Closed on
Aug 16, 1995
Sold by
Federal National Mtg Asso
Bought by
Colangelo Anthony and Colangelo Karen
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
Barnes Karen D $315,000 Fidelity Natl Title Ins Co
Marangos Vassos S -- --
Marrangos Vassos $325,000 --
Hartman Donald $109,500 --
Rocco Anthony $66,500 --
Colangelo Anthony $66,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marrangos Vassos $243,750
Previous Owner Hartman Donald $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2014 06/12/14 Sold $315,000 -- $376 / 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 $19,090 $1,104,600 $454,200 $650,400
2024 $19,100 $1,010,600 $420,600 $590,000
2023 $19,100 $999,500 $420,600 $578,900
2022 $19,126 $951,900 $397,800 $554,100
2021 $19,126 $855,000 $345,900 $509,100
2020 $18,608 $819,000 $345,900 $473,100
2019 $8,154 $368,800 $345,900 $22,900
2018 $7,613 $348,100 $345,900 $2,200
2017 $7,387 $350,100 $345,900 $4,200
2016 $7,790 $369,700 $345,900 $23,800
2015 $11,245 $553,100 $466,700 $86,400
2014 $10,581 $553,100 $466,700 $86,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21342293

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00001-0000-00005-01