$611,000
SOLD JUL 9, 2018

521 Locust Point Rd Rumson, NJ 07760

Navesink Neighborhood
3 Beds
1 Bath
2,169 Sq Ft
0.25 Acres

Recently Sold

$282 Per Sq Ft

9 Days on Market

Highlights

  • Docks
  • Waterfront
  • Wood Flooring
  • Navesink Elementary School Rated A
  • New Kitchen
  • No HOA

About This Home

As of June 2021

Who wants to live on the River? Here is your chance to own this surprisingly spacious and charming cottage set on Claypit Creek. Perfect as a city get-away, for a down-sizer or first-time homebuyer or as a condo alternative. Home features beautiful views, a dock for a kayak or jet ski, an updated kitchen and bath, a wood-burning fireplace, walk-up attic, front porch and patio overlooking the river. Conveniently located close to the NYC ferry, the beach and Red Bank. Hurry and see this one before it's gone! Middletown Township property with Rumson zip code 07760

Last Agent to Sell the Property

Kelly Zaccaro

Heritage House Sotheby's International Realty License #9232609 Listed on: 03/06/2018

Heritage House Sotheby's International Realty

Last Buyer's Agent

Amy Quitt

Keller Williams Realty East Monmouth

Keller Williams Realty East Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,226

Year Built

  • Built in 1923

Lot Details

  • Lot Dimensions are 57 x 191
  • Waterfront

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cottage
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Thermal Windows
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Partial Basement
  • Walkup Attic

Kitchen

  • New Kitchen
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Riparian Grant
  • Riparian rights to water flowing past the property
  • Docks
  • Patio
  • Exterior Lighting
  • 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: Dryer
  • Assessor Parcel Number 32-00792-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,226

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Riparian Rts
  • Inclusions: Outdoor Lighting, Washer, 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
  • 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
  • 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
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Riparian Grants
  • Waterfront: Yes
  • Exclusions: Dryer
  • Construction Type: Cedar
  • Exterior Features: Dock, Patio, Porch - Open, 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 #: 32-00792-0000-00013
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 12226.0

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%
Current Estimated Value
$1,219,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,500
Avg. Annual Appreciation
9.82%

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
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 Type Sale Price Title Company
Deed $840,000 All Ahead Title Agency
Deed $611,000 None Available
Deed $535,000 --
Deed $440,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $580,450 New Conventional
Previous Owner $83,000 Credit Line Revolving
Previous Owner $359,000 New Conventional
Previous Owner $364,000 New Conventional
Previous Owner $324,000 Unknown
Previous Owner $25,000 Unknown
Previous Owner $315,000 Purchase Money Mortgage
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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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21808353

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00792-0000-00013