NOT LISTED FOR SALE

521 Locust Point Rd Rumson, NJ 07760

Navesink Neighborhood

Estimated Value: $1,113,000 - $1,264,000

5 Beds
2 Baths
2,000 Sq Ft
$597/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $840,000 $420 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,901/month

6 Days on Market

Highlights

  • Docks
  • River View
  • New Kitchen
  • Navesink Elementary School Rated A
  • Waterfront
  • Wood Flooring

About This Home

As of June 2021

LIVE WATERFRONT IN HISTORIC LOCUST!! Own your own RARE, PRIVATE, CHARMING, RIVERFRONT COTTAGE complete with its own DOCK FOR KAYAK OR JET SKIS,RIPARIAN GRANT, and RIVERFRONT PATIO FOR ENTERTAINING. Tucked away on CLAYPIT CREEK, escape to this SPACIOUS, NATURE LOVER'S SANCTUARY with BEAUTIFUL RIVERFRONT VIEWS, ALL FOUR SEASONS. THE FIRST FLOOR FEATURES A WOOD-BURNING FIREPLACE, HARDWOOD FLOORS, a NEWER KITCHEN AND BATH, WATER VIEWS from the OPEN KITCHEN AND DEN AND 3 BEDROOMS. THE NEWLY FINISHED SECOND STORY FEATURES 2 LARGE BEDROOMS and a NEW FULL BATH. MIN. TO BEACHES, NYC FERRY, DOWNTOWN RED BANK, AND SOME OF MONMOUTH COUNTIES FINEST RESTAURANTS. RUMSON ZIP, MIDDLETOWN SOUTH SCHOOLS** HURRY, THIS ONE WILL NOT LAST!!

Last Listed By

Amy Quitt

RE/MAX Select License #1647852 Listed on: 05/27/2021

RE/MAX Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,262

Year Built

  • Built in 1923

Lot Details

  • Lot Dimensions are 57 x 191
  • Waterfront
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cottage
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Thermal Windows
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • River Views
  • Partial Basement
  • Walkup Attic
  • Dryer

Kitchen

  • New Kitchen
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Riparian Grant
  • Riparian rights to water flowing past the property
  • Docks
  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Schools

  • Navesink Elementary School
  • Bayshore Middle School
  • Middle South High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Washer and Dryer
  • Assessor Parcel Number 3200792000000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,262

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Riparian Rts, Riverview
  • Inclusions: Outdoor Lighting, Dryer, Stove, Refrigerator, Screens
  • Subdivision Name: None
  • Architectural Style: Detached, Cottage/Bungalow
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Attic - Walk Up, Recessed Lighting
  • Year Built: 1923
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 57 x 191
  • Location Middle School: Bayshore
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Exterior Thermal Window: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Exterior Dock: Yes
  • Interior Attic - Walk Up: Yes
  • Siding Cedar: Yes
  • Style CottageBungalow: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Lot Description Riparian Rts: Yes
  • Lot Description Riverview2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Riparian Grants
  • Waterfront: Yes
  • Exclusions: Washer and Dryer
  • Construction Type: Cedar
  • Exterior Features: Dock, Fence, Patio, Porch - Open, Shed, Thermal Window

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Bayshore

Lot Info

  • Lot Dimensions: 57 x 191
  • Parcel #: 3200792000000013
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13262.0

MLS Schools

  • Elementary School: Navesink Elementary
  • High School: Middle South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jun 29, 2021
Sold by
Powell Scott Alan and Billington Hilary Jane
Bought by
Mckean Quincy A S
Seller's Agent
Amy Quitt
RE/MAX Select
Buyer's Agent
Derek DeBree
Berkshire Hathaway HomeServices Fox & Roach - Rumson
List Price
$724,900
Sold Price
$840,000
Premium/Discount to List
$115,100
15.88%
Total Days on Market
6
Current Estimated Value
$1,193,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,171
Avg. Annual Appreciation
7.24%

Purchase Details

Listed on
Mar 6, 2018
Closed on
Jul 6, 2018
Sold by
Toole Kelly O and Toole Ryan O
Bought by
Powell Scott Alan and Billington Hilary Jane
Seller's Agent
Kelly Zaccaro
Heritage House Sotheby's International Realty
Buyer's Agent
Amy Quitt
Keller Williams Realty East Monmouth
Sold Price
$611,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$580,450
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2004
Sold by
Locust Pt Rd Llc
Bought by
Kilbride Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Rice Marianne
Bought by
Lombino R Scott and Lombino Jolie

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
Mckean Quincy A S $840,000 All Ahead Title Agency
Powell Scott Alan $611,000 None Available
Kilbride Kelly $535,000 --
Lombino R Scott $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckean Quincy As $300,000
Previous Owner Powell Scott Alan $580,450
Previous Owner Kilbride Kelly $83,000
Previous Owner Kilbride Kelly $359,000
Previous Owner Kilbride Kelly $364,000
Previous Owner Kilbride Kelly $324,000
Previous Owner Kilbride Kelly A $25,000
Previous Owner Kilbride Kelly $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $840,000 +15.9% $420 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $724,900 +18.6% $362 / Sq Ft
07/09/2018 07/09/18 Sold $611,000 -- $282 / 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 $15,430 $876,200 $595,800 $280,400
2023 $15,430 $887,800 $576,200 $311,600
2022 $13,947 $757,700 $461,000 $296,700
2021 $13,947 $629,800 $447,400 $182,400
2020 $13,262 $620,300 $447,400 $172,900
2019 $12,222 $578,700 $447,400 $131,300
2018 $12,200 $563,000 $447,400 $115,600
2017 $12,226 $558,500 $447,400 $111,100
2016 $12,098 $567,700 $447,400 $120,300
2015 $12,536 $568,000 $447,400 $120,600
2014 $12,621 $557,700 $447,400 $110,300
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22116709

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00792-0000-00013