NOT LISTED FOR SALE

518 Wellington Place Unit 518 Matawan, NJ 07747

Estimated Value: $367,000 - $382,000

2 Beds
2 Baths
965 Sq Ft
$389/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $325,000 $337 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,837/month

2 Days on Market

Highlights

  • Outdoor Pool
  • Custom Home
  • Tennis Courts
  • Matawan Reg High School Rated A-
  • Clubhouse
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Welcome to Desirable 518 Wellington Place! Amazing location. This second floor, end-unit condo features a spacious living room with a fireplace, large dining area with access to the Private patio. A beautiful warm kitchen, Master bedroom with walk-in closet and updated en-suite bathroom. Spacious second bedroom, full bathroom, laundry room. Right outside your front door is a private storage closet. Wellington Place offers a pool, tennis courts, walking path, playground and community room. Conveniently located to public transportation, shopping, parks and recreation

Last Listed By

Ronnie Glomb

Your Town Realty License #0790072 Listed on: 02/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,715

Year Built

  • Built in 1979

Lot Details

  • 871

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 965 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Outdoor Pool
  • 871 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 01-00114-0000-00003-0000-C0518

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include lawn maintenance, snow removal

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,715

Year Built

Built in 1979

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Tennis Court, Swimming, Clubhouse, Playground
  • Reso Association Fee Includes: Lawn Maintenance, Snow Removal
  • Subdivision Name: None
  • Architectural Style: Custom
  • Year Built: 1979
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Swimming: Yes
  • General Property Info Acreage: 0.02
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Water Heater Natural Gas2: Yes
  • Common Elements Clubhouse: Yes
  • Common Elements Playground: Yes
  • SidingBrick: Yes
  • Common Elements Tennis Court: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.02
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Swimming

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 01-00114-0000-00003-0000-C0518

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5715.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Mar 16, 2023
Sold by
Bouza Felice
Bought by
Silverman Emily
Seller's Agent
Ronnie Glomb
Your Town Realty
Buyer's Agent
Alexis Neris
Ward Wight Sotheby's International Realty
List Price
$309,900
Sold Price
$325,000
Premium/Discount to List
$15,100
4.87%
Total Days on Market
2
Views
579
Current Estimated Value
$375,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,068
Avg. Annual Appreciation
6.96%
Original Mortgage
$200,000
Outstanding Balance
$194,215
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$180,853

Purchase Details

Closed on
May 18, 2010
Sold by
Goldstein Frederic H and Jaffrey Linda
Bought by
Bouza Felice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 1999
Sold by
Dhue Kathryn
Bought by
Goldstein Frederic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
7.61%
Mortgage Type
FHA

Range of Values:

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Average Value
Not Available
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
Silverman Emily $325,000 Surety Title
Bouza Felice $192,000 None Available
Goldstein Frederic $91,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silverman Emily $200,000
Previous Owner Bouza Felice $153,600
Previous Owner Goldstein Frederic $88,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $325,000 +4.9% $337 / Sq Ft
02/14/2023 02/14/23 For Sale $309,900 0.0% $321 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $309,900 -- $321 / 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 $5,557 $284,800 $134,100 $150,700
2023 $5,557 $273,200 $126,800 $146,400
2022 $5,697 $245,300 $102,900 $142,400
2021 $5,697 $221,500 $90,200 $131,300
2020 $5,439 $210,500 $82,200 $128,300
2019 $5,324 $200,000 $73,200 $126,800
2018 $5,199 $195,900 $75,000 $120,900
2017 $5,076 $194,200 $77,000 $117,200
2016 $5,053 $191,900 $77,000 $114,900
2015 $5,157 $197,600 $75,000 $122,600
2014 $5,036 $196,800 $75,000 $121,800
Source: Public Records

Agents Affiliated with this Home

  • Ronnie Glomb

    Seller's Agent in 2023

    Ronnie Glomb

    Your Town Realty

    (855) 600-2465

    4 in this area

    865 Total Sales

    Ronnie Glomb
    Section Image

  • A

    Buyer's Agent in 2023

    Alexis Neris

    Ward Wight Sotheby's International Realty

    (732) 575-8431

    1 in this area

    30 Total Sales

    Alexis Neris
    Section Image
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Map

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22303382

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00114-0000-00003-0000-C0518

New Jersey Monmouth County Matawan 07747

518 Wellington Place Unit 518, Matawan, NJ

Homes for Sale in Matawan, NJ

This home is located at 518 Wellington Place Unit 518, Matawan, NJ 07747 since 07 February 2023 and is currently estimated at $375,068, approximately $388 per square foot. This property was built in 1979. 518 Wellington Place Unit 518 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.