NOT LISTED FOR SALE

53 Elm Place Red Bank, NJ 07701

Estimated Value: $968,411 - $1,074,000

5 Beds
2.5 Baths
1,870 Sq Ft
$546/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $682,000 $365 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,599/month

52 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Bonus Room
  • Red Bank Reg High School Rated A
  • 1 Fireplace
  • Sun or Florida Room

About This Home

As of November 2020

Welcome to this beautiful home that boasts classic Red Bank charm, on one of the most desirable streets in town. Just a two block walk to one of the hottest towns in Monmouth County!Enter into a perfectly maintained home, showcasing original floors, doors, wood trim and stairways, refinished, along with pocket doors to complete the look. This home offers 4/5 bedrooms, 2.5 baths, 1st fl laundry, a fully finished basement and attic.. perfect for home office/schooling.. While the interior is lovingly cared for, the home has been updated in all aspects, including all updated wiring, water pipes, HVAC duct work and more.. The backyard is one of the deepest lots around, perfect to turn into your own oasis. This is a hidden gem, much larger than it appears, and is a home not to be missed!

Last Agent to Sell the Property

Lori Eipel

RE/MAX Revolution Brokerage Phone: 732-212-0440 License #1865716 Listed on: 09/26/2020

RE/MAX Revolution

Last Buyer's Agent

Elizabeth DeFeo

Diane Turton, Realtors-Wall License #1864104

Diane Turton, Realtors-Wall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,647

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 35 x 265

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 4-Story Property
  • Built-In Features
  • Skylights
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Dining Room Light Fixture
  • Assessor Parcel Number 39-00049-0000-00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,647

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 732-212-0440
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Attic - Walk Up, Bonus Room, Built-Ins, Den, Skylight
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.21
  • General Property Info Lot Dimensions: 35 x 265
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Den: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Kitchen Floor - Wood4: Yes
  • Water Heater Tank: Yes
  • Floors Tile: Yes
  • Interior Attic - Walk Up: Yes
  • Interior Bonus Room: Yes
  • Den Level Basement33: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full Finished, Heated
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 14
  • Stories: 4
  • Basement Finished: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Den2: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.21
  • Waterfront: No
  • Exclusions: Dining Room Light Fixture
  • Exterior Features: Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant, Electric BB, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 35 x 265
  • Lot Size Sq Ft: 9147.6
  • Parcel #: 39-00049-0000-00028
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9647.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Nov 13, 2020
Sold by
Riordan Daniel R and Ross Lynette M
Bought by
Dela Cruz Allen J and Finchen Erika N
Seller's Agent
Lori Eipel
RE/MAX Revolution
Buyer's Agent
Elizabeth DeFeo
Diane Turton, Realtors-Wall
List Price
$669,000
Sold Price
$682,000
Premium/Discount to List
$13,000
1.94%
Current Estimated Value
$978,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,133
Avg. Annual Appreciation
7.53%
Original Mortgage
$545,600
Outstanding Balance
$491,013
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$469,515

Purchase Details

Listed on
Sep 26, 2020
Closed on
Oct 13, 2020
Sold by
Riordan Daniel R and Ross Lynette M
Bought by
Dela Cruz Allen J and Finchen Erika N
Seller's Agent
Lori Eipel
RE/MAX Revolution
Buyer's Agent
Elizabeth DeFeo
Diane Turton, Realtors-Wall
List Price
$669,000
Sold Price
$682,000
Premium/Discount to List
$13,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 1997
Sold by
Warren Elizabeth
Bought by
Riordan Daniel and Ross Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.17%
Source: Public Records

Range of Values:

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Average Value
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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
Dela Cruz Allen J $682,000 Surety Title
Dela Cruz Allen J $682,000 Surety Ttl Agcy Coastal Regi
Riordan Daniel $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Cruz Allen J $545,600
Closed Dela Cruz Allen J $545,600
Previous Owner Dela Cruz Allen J $545,600
Previous Owner Riordan Daniel R $160,030
Previous Owner Riordan Daniel E $175,000
Previous Owner Riordan Daniel $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $682,000 +1.9% $365 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
09/26/2020 09/26/20 Price Changed $669,000 0.0% $358 / Sq Ft
09/26/2020 09/26/20 For Sale $669,000 +3.1% $358 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $649,000 -- $347 / 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 $14,361 $786,800 $328,700 $458,100
2023 $14,361 $751,500 $297,700 $453,800
2022 $12,013 $716,200 $281,900 $434,300
2021 $12,013 $537,000 $225,500 $311,500
2020 $10,060 $442,800 $225,500 $217,300
2019 $9,647 $436,300 $225,500 $210,800
2018 $9,371 $428,500 $225,500 $203,000
2017 $9,014 $427,200 $225,500 $201,700
2016 $8,892 $422,000 $225,500 $196,500
2015 $8,325 $409,500 $265,500 $144,000
2014 $7,834 $409,500 $265,500 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22029504

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00049-0000-00028