NOT LISTED FOR SALE

525 Little Silver Point Rd Little Silver, NJ 07739

Estimated Value: $2,804,000 - $5,341,994

5 Beds
4.5 Baths
7,165 Sq Ft
$573/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $1,325,000 $185 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $26,811/month

104 Days on Market

Highlights

  • Docks
  • Home fronts a creek
  • New Kitchen
  • Point Road School Rated A
  • River View
  • Colonial Architecture

About This Home

As of October 2015

Waterfront Colonial offers nearly 7200 sq. ft. Elegant design set on 1.64 acres with panoramic views of the Shrewsbury River. Listed below ASSESSED value! Sellers say ''make an offer''!

Last Agent to Sell the Property

Mary Lou Mannino

Gloria Nilson & Co. Real Estate Listed on: 05/20/2015

Last Buyer's Agent

Mario Venancio

Gloria Nilson & Co. Real Estate

Gloria Nilson & Co. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,235

Year Built

  • Built in 1903

Lot Details

  • 1.65 Acre Lot
  • Home fronts a creek
  • River Front
  • Street terminates at a dead end
  • Oversized Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Carport
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Shore Colonial Architecture
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 7,165 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Tray Ceiling
  • Skylights
  • Recessed Lighting
  • Track Lighting
  • Light Fixtures
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Leaded Glass Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Conservatory Room
  • Sun or Florida Room
  • River Views
  • Basement
  • Crawl Space
  • Walkup Attic

Kitchen

  • New Kitchen
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Outdoor Features

  • Riparian rights to water flowing past the property
  • Docks
  • Creek On Lot
  • Enclosed patio or porch
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 25-00062-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,235

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street, Oversized
  • Inclusions: Washer, Track Lighting, Timer Thermostat, Dishwasher, Dryer, Double Oven, Light Fixtures, Microwave, Security System, Self/Con Clean, Stove, Stove Hood, Refrigerator, Screens, Freezer, Garbage Disposal, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Shore Colonial, Colonial
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic - Walk Up, Bonus Room, Built-Ins, Ceilings - Beamed, Conservatory, Dec Molding, Laundry Tub, Lead Glass Window, Skylight, Sliding Door, Wet Bar, Recessed Lighting
  • New Construction: No
  • Year Built: 1903
  • Contract Info New Construction: No
  • 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
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 1.65
  • 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 Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 3.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • Exterior Porch - Open: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Living Room Fireplace - Gas7: Yes
  • Exterior Storm Door(s): Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Water Heater Off Boiler: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Included Double Oven: Yes
  • Included SelfCon Clean: Yes
  • Rooms Sitting: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Included Security System2: Yes
  • Exterior Dock: Yes
  • Interior Laundry Tub: Yes
  • Foyer Floor - Ceramic: Yes
  • Rooms Breakfast: Yes
  • Interior Attic - Walk Up: Yes
  • Included Garbage Disposal: Yes
  • Water Type Riverfront: Yes
  • Interior Bonus Room: Yes
  • Garage Storage Above: Yes
  • SidingCedarShake: Yes
  • Interior Ceilings - Beamed: Yes
  • Rooms Library: Yes
  • Water Type Riverview: Yes
  • Dining Room Built-Ins3: Yes
  • Parking Circular Driveway: Yes
  • Interior Conservatory: Yes
  • Interior Lead Glass Window: Yes
  • GreatFamily Room Skylight3: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Included Track Lighting: Yes
  • Water Type Creek: Yes
  • Water Type Riparian Rights: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Heating 5 Zone2: Yes
  • Cooling 5 Zone: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Total Bedrooms: 15
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Office2: Yes
  • Appliances Included:Freezer: Yes
  • Features Interior:Skylight: Yes
  • Features Interior:Wet Bar: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Whirlpool: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.65
  • Waterfront Features: Creek, Riparian Rights, Riverfront, Riverview
  • Waterfront: Yes
  • Construction Type: Shake Siding
  • Exterior Features: Dock, Patio, Porch - Enclosed, Porch - Open, Sprinkler Under, Storm Door(s), Storm Window, Lighting
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Asphalt, Carport, Driveway, Storage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Carport: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 5 Zone, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiator, HWBB, 5 Zone, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 71874.0
  • Parcel #: 25-00062-0000-00014
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 39235.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2015
Closed on
Oct 14, 2015
Sold by
Lloyd Andrew Bankson and Lloyd Elizabeth Ann
Bought by
Palamara Justin and Palamara Nicole
Seller's Agent
Mary Lou Mannino
Gloria Nilson & Co. Real Estate
Buyer's Agent
Mario Venancio
Gloria Nilson & Co. Real Estate
Sold Price
$1,325,000
Current Estimated Value
$4,030,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,705,339
Avg. Annual Appreciation
11.99%
Original Mortgage
$1,060,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 26, 1996
Sold by
Monier David
Bought by
Lloyd Andrew and Lloyd Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.67%
Mortgage Type
Purchase Money Mortgage
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
Palamara Justin $1,325,000 Ridge Abstract Of Nj Corp
Lloyd Andrew $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palamara Justin $250,000
Closed Palamara Justin $162,350
Open Palamara Justin $2,535,000
Closed Palaman Justin $2,310,000
Closed Palamara Justin $325,000
Closed Palamara Justin $1,060,000
Previous Owner Lloyd Andrew $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2015 10/14/15 Sold $1,325,000 -- $185 / 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 $54,623 $3,200,000 $1,326,000 $1,874,000
2023 $54,623 $3,034,600 $1,060,800 $1,973,800
2022 $16,957 $3,034,600 $964,800 $2,069,800
2021 $16,957 $859,000 $783,900 $75,100
2020 $29,089 $1,435,100 $783,900 $651,200
2019 $28,499 $1,432,100 $783,900 $648,200
2018 $28,012 $1,402,000 $783,900 $618,100
2017 $27,877 $1,388,300 $783,900 $604,400
2016 $27,256 $1,373,800 $783,900 $589,900
2015 $35,804 $1,782,200 $1,206,000 $576,200
2014 $39,235 $1,824,900 $1,287,200 $537,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21519610

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00062-0000-00014