NOT LISTED FOR SALE

53 Western Reach Red Bank, NJ 07701

New Monmouth Neighborhood

Estimated Value: $457,529 - $510,000

2 Beds
2 Baths
1,250 Sq Ft
$494/mo HOA Fee

Last Sold September 17, 2018

Last sale price $237,500 $190 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,538/month

18 Days on Market

Highlights

  • Boat Dock
  • Fitness Center
  • Active Adult
  • Golf Course Community
  • Outdoor Pool
  • Clubhouse

About This Home

As of September 2018

This highly sought after Monmouth Ranch model located in desirable Shadowlakes Village. End unit has a wooded backyard for privacy and serenity. Gated community offer many amenities for the ACTIVE adult. 9 Hole golf course, pool,clubhouse tennis courts, shuffleboard, bocce,exercise room, and more. 2BR 2Bath and plenty of storage.

Last Agent to Sell the Property

Terrence Loftus

Keller Williams Realty West Monmouth License #1004070 Listed on: 07/14/2018

Last Buyer's Agent

Donna Simmons

Robbins Cove Realty License #0226801

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,955

Year Built

  • Built in 1980

Lot Details

  • Adjacent to Greenbelt
  • End Unit
  • Cul-De-Sac
  • Landscaped
  • Backs to Trees or Woods

HOA Fees

  • $494 Monthly HOA Fees

Home Design

  • Asphalt Rolled Roof

Interior Spaces

  • 1-Story Property
  • Blinds
  • Sliding Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking
  • Visitor Parking
  • Open Parking
  • Assigned Parking

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Electric Water Heater

Additional Features

  • Hand Rail
  • Outdoor Pool

Listing and Financial Details

  • Assessor Parcel Number 32-01011-0000-00575

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, pool, snow removal
  • Shadow Lake Vil Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Recreation Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Snow Removal

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,955

Year Built

Built in 1980

Lot Details

0

HOA Fees

$494 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • ResoLotFeatures: Back to Woods, Border Greenway, Cul-De-Sac
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Extra Storage, Association, Exercise Room, Shuffleboard, Community Room, Dock, Pool, Golf Course, Clubhouse, Common Area, Jogging Path, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Pool, Snow Removal
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Electric Cooking, Refrigerator
  • Subdivision Name: Shadow Lake Vil
  • Reso Accessibility Features: Support Rails
  • Architectural Style: End Unit, Ranch
  • Reso Flooring: Ceramic Tile, W/W Carpet
  • Reso Interior Features: Attic - Pull Down Stairs
  • Property Attached Yn: Yes
  • Year Built: 1980
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Landscaping: Yes
  • Roof Timberline: Yes
  • Style Ranch: Yes
  • Kitchen Eat-In: Yes
  • Lot Description Cul-De-Sac: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Shuffleboard: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Common Elements Golf Course: Yes
  • Common Elements Jogging Path: Yes
  • Style End Unit: Yes
  • Parking Visitor: Yes
  • Lot Description Border Greenway: Yes
  • Common Elements Dock2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Dining Room Features:KitchenDinette: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No
  • Exterior Features: Private Storage

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Assigned, On Street, Visitor, None
  • General Property Info:Garage: No
  • Parking:Assigned: Yes
  • Parking:On Street: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 494.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

  • Parcel #: 32-01011-0000-00575
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4955.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Lubic Douglas Watson
Bought by
Douglas Watson Lubic Revocable Trust and Lubic
Current Estimated Value
$481,882

Purchase Details

Listed on
Jul 14, 2018
Closed on
Sep 21, 2018
Sold by
Rosina Durso
Bought by
Dougherty Ann and Lubic Douglas
Seller's Agent
Terrence Loftus
Keller Williams Realty West Monmouth
Buyer's Agent
Donna Simmons
Robbins Cove Realty
Sold Price
$237,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%
Original Mortgage
$190,000
Interest Rate
4.65%

Purchase Details

Closed on
Sep 27, 2017
Sold by
Durso John
Bought by
Durso Rosina

Purchase Details

Closed on
Feb 24, 1994
Sold by
Emerson Margaret
Bought by
Durso Lawrence and Durso Montana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Douglas Watson Lubic Revocable Trust -- Advantage Title
Dougherty Ann $237,500 --
Durso Rosina -- --
Durso Lawrence $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dougherty Ann $190,000
Previous Owner Dougherty Ann --
Previous Owner Durso Lawrence $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $237,500 -- $190 / 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
2025 $6,106 $411,900 $235,000 $176,900
2024 $6,205 $371,200 $195,000 $176,200
2023 $6,205 $357,000 $185,000 $172,000
2022 $5,653 $296,100 $130,000 $166,100
2021 $5,653 $271,800 $124,000 $147,800
2020 $5,548 $259,500 $111,000 $148,500
2019 $5,462 $258,600 $111,000 $147,600
2018 $5,129 $236,700 $94,000 $142,700
2017 $4,955 $233,300 $95,000 $138,300
2016 $5,146 $241,500 $120,000 $121,500
2015 $3,885 $181,900 $60,000 $121,900
2014 $3,752 $171,400 $60,000 $111,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Terrence Loftus

    Keller Williams Realty West Monmouth

  • D

    Buyer's Agent in 2018

    Donna Simmons

    Robbins Cove Realty

    (732) 779-8340

    11 Total Sales

    Donna Simmons
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21827928

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01011-0000-00575

New Jersey Monmouth County Red Bank 07701 New Monmouth

53 Western Reach, Red Bank, NJ

Not Listed for Sale

Condos

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