NOT LISTED FOR SALE

520 Cliffwood Ave Unit E2 Matawan, NJ 07747

Estimated Value: $195,231 - $215,000

1 Bed
1 Bath
660 Sq Ft
$291/mo HOA Fee

Last Sold July 14, 2022

Last sale price $176,500 $267 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,746/month

11 Days on Market

Highlights

  • Fitness Center
  • Tennis Courts
  • Resident Manager or Management On Site
  • Matawan Reg High School Rated A-
  • Multiple cooling system units
  • Baseboard Heating

About This Home

As of July 2022

Great opportunity for first time buyers, NYC Commuters & investors! Featuring 1 bedroom, 1 bathroom & hardwood floors, this condo is ready for its new owners to move in ASAP. HOA includes: Lawn Maintenance, Snow Removal, Water & Parking (1 Space). Shared laundry unit on premises, located in rear of the building. Close to beaches, shopping, highways and approximately 30 minutes to NYC. Excellent rental history. This condo will not last, schedule your showing today!

Last Agent to Sell the Property

Christina Gelpi

RE/MAX Revolution Listed on: 06/09/2022

Last Buyer's Agent

Michele Keleman

RE/MAX 1st. Advantage License #8544216

RE/MAX 1st. Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,513

Year Built

  • Built in 1983

Lot Details

  • 436

HOA Fees

  • $291 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 660 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Schools

  • Matawan Avenue Middle School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Exterior Lighting
  • Upper Level

Listing and Financial Details

  • Exclusions: Owner's personal items
  • Assessor Parcel Number 31-00069-0000-00003-0502

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, sewer, snow removal
  • Sherwood Court Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Snow Removal

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,513

Year Built

Built in 1983

Lot Details

0

HOA Fees

$291 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Tennis Court, Professional Management, Common Laundry, Association, Common Access, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Sewer, Snow Removal
  • Subdivision Name: Sherwood Court
  • Architectural Style: Upper Level
  • New Construction: No
  • Year Built: 1983
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: Matawan Avenue
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Garage None4: Yes
  • Common Elements Tennis Court: Yes
  • Cooling Multi Units: Yes
  • Common Elements Common Laundry: Yes
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront: No
  • Exclusions: Owner's personal items
  • Exterior Features: Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Assigned, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, Hot Water, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association Fee: 291.25
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 31-00069-0000-00003-0502

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3513.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2009
Sold by
Fusselman Lee
Bought by
Valvassori Steven
Current Estimated Value
$207,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,240
Outstanding Balance
$74,315
Interest Rate
5.14%
Mortgage Type
FHA
Estimated Equity
$132,762

Purchase Details

Closed on
May 10, 1996
Sold by
Schwabenbauer Mark
Bought by
Fusselman Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
Valvassori Steven $113,300 Stewart Title Guaranty Co
Fusselman Lee $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valvassori Steven $111,240
Previous Owner Fusselman Lee $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $176,500 +10.3% $267 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $160,000 0.0% $242 / Sq Ft
01/26/2020 01/26/20 Rented $16,500 +10.0% --
10/15/2016 10/15/16 Rented $15,000 +1263.6% --
04/15/2014 04/15/14 Rented $1,100 -- --
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 $3,746 $175,600 $98,400 $77,200
2023 $3,746 $172,300 $95,900 $76,400
2022 $3,513 $148,600 $75,900 $72,700
2021 $3,513 $129,300 $63,000 $66,300
2020 $2,829 $103,400 $38,000 $65,400
2019 $2,315 $84,800 $21,000 $63,800
2018 $2,303 $83,000 $20,000 $63,000
2017 $1,951 $69,300 $7,500 $61,800
2016 $1,957 $71,000 $10,000 $61,000
2015 $1,945 $71,100 $12,500 $58,600
2014 $2,333 $85,600 $25,000 $60,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22217747

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00069-0000-00003-0502