NOT LISTED FOR SALE

511 Wellington Place Unit 511 Matawan, NJ 07747

Estimated Value: $368,000 - $397,000

2 Beds
2 Baths
965 Sq Ft
$250/mo HOA Fee

Last Sold November 11, 2022

Last sale price $287,000 $297 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,783/month

7 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • End Unit
  • Matawan Reg High School Rated A-
  • Backs to Trees or Woods
  • Tennis Courts

About This Home

As of November 2022

Welcome to 511 Wellington Place! This second floor, end-unit, condo features a spacious living room with wood burning fireplace, large dining area with access to the private balcony, and light and bright kitchen! Down the hall is a large bedroom, full bathroom, laundry room, and master bedroom with walk-in closet and en-suite bathroom. Right outside of your front door is a spacious, private, storage closet. Community features shared pool and tennis courts!

Last Agent to Sell the Property

Lindsey Elliott

EXP Realty License #1432492 Listed on: 09/14/2022

EXP Realty

Last Buyer's Agent

Diane Mccarty

Berkshire Hathaway HomeServices Fox & Roach - Holmdel License #8642825

Berkshire Hathaway HomeServices Fox & Roach - Holmdel

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,209

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • Landscaped
  • Backs to Trees or Woods

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 965 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Paved Parking
  • Visitor Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Location

  • Upper Level

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Personal items.
  • Assessor Parcel Number 01-00114-0000-00003-0000-C0511

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, pool, snow removal
  • Wellington Pl Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,209

Year Built

Built in 1979

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Back to Woods
  • ResoPoolFeatures: Common, In Ground
  • Reso Association Amenities: Tennis Court, Professional Management, Extra Storage, Association, Swimming, Pool, Clubhouse, Common Area, Landscaping, Playground
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: Wellington Pl
  • Architectural Style: End Unit, One Level Unit, Upper Level
  • Reso Interior Features: Balcony
  • Property Attached Yn: Yes
  • Year Built: 1979
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Extra Storage: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.01
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Common Elements Clubhouse: Yes
  • Common Elements Landscaping: Yes
  • Common Elements Playground: Yes
  • SidingBrick: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Common Elements Tennis Court: Yes
  • Style End Unit: Yes
  • Parking Visitor: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront: No
  • Exclusions: Personal items.
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Asphalt, Common, Visitor
  • General Property Info:Garage: No
  • Parking:Paved: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 01-00114-0000-00003-0000-C0511
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6209.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Nov 4, 2022
Sold by
Matthews Andrew Phillip
Bought by
Russo Ralph
Seller's Agent
Lindsey Elliott
EXP Realty
Buyer's Agent
Diane Mccarty
Berkshire Hathaway HomeServices Fox & Roach - Holmdel
List Price
$275,000
Sold Price
$287,000
Premium/Discount to List
$12,000
4.36%
Views
108
Current Estimated Value
$383,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,253
Avg. Annual Appreciation
10.37%
Original Mortgage
$197,000
Outstanding Balance
$190,880
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$192,373

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jul 25, 2019
Sold by
Rapoza Brian Michael and Rapoza Jennifer A
Bought by
Matthews Andrew Phillip
Seller's Agent
Debra Grillo
Weichert Realtors-Holmdel
Buyer's Agent
Lindsey Elliott
EXP Realty
Sold Price
$228,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$228,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Jan 26, 2009
Sold by
Rapoza Brian Michael and Rapoza Jennifer A
Bought by
Rapoza Brian Michael and Rapoza Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,514
Interest Rate
5.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2008
Sold by
Palumbo Francis
Bought by
Rapoza Brian Michael and Arlington Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,601
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2000
Sold by
Bart John
Bought by
Palumbo Farncis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.23%

Purchase Details

Closed on
Apr 16, 1997
Sold by
Ramaiah Vijay
Bought by
Bart John
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
Russo Ralph $287,000 Foundation Title
Russo Ralph $287,000 Foundation Title
Matthews Andrew Phillip $228,000 All Ahead Title Agency
Rapoza Brian Michael -- None Available
Rapoza Brian Michael $220,000 Commonwealth
Palumbo Farncis $105,000 --
Bart John $83,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Ralph $197,000
Closed Russo Ralph $197,000
Previous Owner Matthews Andrew Phillip $228,000
Previous Owner Rapoza Brian Michael $217,514
Previous Owner Rapoza Brian Michael $216,601
Previous Owner Palumbo Farncis $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2022 11/11/22 Sold $287,000 +4.4% $297 / Sq Ft
09/13/2022 09/13/22 For Sale $275,000 +20.6% $285 / Sq Ft
07/25/2019 07/25/19 Sold $228,000 -- $231 / Sq Ft View Prior Sale
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 $6,008 $373,900 $190,300 $183,600
2024 $6,106 $312,600 $134,100 $178,500
2023 $6,106 $300,200 $126,800 $173,400
2022 $6,186 $266,900 $102,900 $164,000
2021 $6,186 $241,400 $90,200 $151,200
2020 $5,943 $230,000 $82,200 $147,800
2019 $5,087 $191,100 $73,200 $117,900
2018 $4,974 $187,400 $75,000 $112,400
2017 $4,859 $185,900 $77,000 $108,900
2016 $4,842 $183,900 $77,000 $106,900
2015 $4,949 $189,600 $75,000 $114,600
2014 $4,834 $188,900 $75,000 $113,900
Source: Public Records

Agents Affiliated with this Home

  • Lindsey Elliott

    Seller's Agent in 2022

    Lindsey Elliott

    EXP Realty

    (732) 284-1906

    4 in this area

    44 Total Sales

    Lindsey Elliott
    Section Image
  • Diane Mccarty

    Buyer's Agent in 2022

    Diane Mccarty

    BHHS Fox & Roach

    (732) 778-3782

    2 in this area

    21 Total Sales

    Diane Mccarty
    Section Image

  • D

    Seller's Agent in 2019

    Debra Grillo

    Weichert Realtors-Holmdel

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22229026

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00114-0000-00003-0000-C0511

New Jersey Monmouth County Matawan 07747

511 Wellington Place Unit 511, Matawan, NJ

This home is located at 511 Wellington Place Unit 511, Matawan, NJ 07747 since 14 September 2022 and is currently estimated at $383,253, approximately $397 per square foot. This property was built in 1979. 511 Wellington Place Unit 511 is a home located in Monmouth County with nearby schools including Matawan Reg High School, St Benedict School, and St. Joseph Elementary School.

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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