542 Locust Point Rd Rumson, NJ 07760
Locust NeighborhoodEstimated Value: $1,278,000 - $1,586,000
3
Beds
3
Baths
2,675
Sq Ft
$531/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Garage Apartment
- Conservatory Room
- Navesink Elementary School Rated A
- 1.51 Acre Lot
- Fireplace in Primary Bedroom
About This Home
As of April 2024Nestled in the prestigious Locust area, this charming historic farmhouse invites you to embrace the tranquility of country living on 1.47 acres. Picture-perfect with hardwood floors, intricate woodwork, and newer windows, this home seamlessly marries old-world allure with modern comfort. The open kitchen, adorned with stainless steel appliances and granite counters, flows into a sun-drenched dining and family room, creating a warm space for gatherings. The solarium, with heated blue stone floors, beckons you into a spacious first-floor master suite, a haven of serenity with a fireplace, built-in cabinets, and a luxurious bath. Two firelit living rooms, a den, and an upstairs housing three bedrooms, a bath, and a cozy home office offer ample room for every room for every need. Step outside to a bluestone patio and a heated in-ground pool, embraced by mature trees and blooming perennials, creating a bucolic oasis. For the avid gardener, a vintage potting shed and corn crib await. A detached garage with an upstairs studio adds to the charm, offering a picturesque setting minutes away from city commutes, parks, rivers, and beaches. Embrace the historical essence with the seller's reassuring experience of joyful additions.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9031670 Listed on: 02/06/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,536
Year Built
- Built in 1908
Lot Details
- 1.51 Acre Lot
- Lot Dimensions are 218 x 301
- Fenced
- Oversized Lot
- Landscaped with Trees
Parking
- 1 Car Garage
- Garage Apartment
- Parking Storage or Cabinetry
- Heated Garage
- Workshop in Garage
- Circular Driveway
- Gravel Driveway
Home Design
- Farmhouse Style Home
- Shingle Roof
- Cedar Shake Siding
- Shake Siding
Interior Spaces
- 2,675 Sq Ft Home
- 1-Story Property
- Built-In Features
- Crown Molding
- Beamed Ceilings
- Tray Ceiling
- Ceiling height of 9 feet on the main level
- Ceiling Fan
- Skylights
- 3 Fireplaces
- Wood Burning Fireplace
- Window Screens
- French Doors
- Mud Room
- Living Room
- Den
- Conservatory Room
- Sun or Florida Room
- Wood Flooring
- Storm Windows
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Primary Bathroom Bathtub Only
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
- Laundry Tub
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Heated In Ground Pool
- Patio
- Exterior Lighting
- Shed
- Storage Shed
- Outbuilding
- Outdoor Grill
Schools
- Navesink Elementary School
- Bayshore Middle School
- Middle South High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Heating System Uses Oil Above Ground
- Radiant Heating System
- Heating System Uses Steam
- Natural Gas Water Heater
- Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 32-00840-0000-00024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2024
Closed on
Apr 19, 2024
Sold by
Marten J Blaser Revocable Trust and Blaser Martin J
Bought by
Patton Michael David and Patton Kathryn Moira
Seller's Agent
Sherry Gross
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Alexandra Lubin
Heritage House Sotheby's International Realty
List Price
$1,289,000
Sold Price
$1,330,000
Premium/Discount to List
$41,000
3.18%
Total Days on Market
9
Views
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,247
Avg. Annual Appreciation
5.86%
Original Mortgage
$995,000
Outstanding Balance
$984,097
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$435,150
Purchase Details
Closed on
Oct 18, 2023
Sold by
Blaser Martin J
Bought by
Martin J Blaser Revocable Trust and Blaser
Purchase Details
Closed on
Nov 23, 2022
Sold by
Blaser Martin J and Blaser Maria Gloria
Bought by
Blaser Martin
Purchase Details
Listed on
Mar 5, 2018
Closed on
Jun 21, 2018
Sold by
Jeremias George J and Lomax Linda Sue
Bought by
Blaser Martin J and Dominguez Bello Maria Gloria
Seller's Agent
Sherry Gross
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Sherry Gross
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Sold Price
$850,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Similar Homes in the area
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patton Michael David | $1,330,000 | Acres Land Title | |
| Martin J Blaser Revocable Trust | -- | Counsellors Title | |
| Blaser Martin | -- | Counsellors Title | |
| Blaser Martin J | $850,000 | Counsellers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patton Michael David | $995,000 | |
| Previous Owner | Lomax Linda Sue | $225,000 | |
| Previous Owner | Jeremias George J | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2024 04/16/24 | Sold | $1,330,000 | +3.2% | $497 / Sq Ft |
| 02/15/2024 02/15/24 | Pending | -- | -- | -- |
| 02/06/2024 02/06/24 | For Sale | $1,289,000 | +51.6% | $482 / Sq Ft |
| 07/16/2018 07/16/18 | Sold | $850,000 | -- | $309 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $17,536 | $1,078,100 | $565,400 | $512,700 |
| 2023 | $17,536 | $1,009,000 | $579,400 | $429,600 |
| 2022 | $17,447 | $904,200 | $491,000 | $413,200 |
| 2021 | $17,447 | $838,800 | $471,200 | $367,600 |
| 2020 | $17,754 | $830,400 | $471,200 | $359,200 |
| 2019 | $17,494 | $828,300 | $471,200 | $357,100 |
| 2018 | $15,834 | $730,700 | $471,200 | $259,500 |
| 2017 | $15,542 | $710,000 | $471,200 | $238,800 |
| 2016 | $15,556 | $730,000 | $471,200 | $258,800 |
| 2015 | $16,096 | $729,300 | $471,200 | $258,100 |
| 2014 | $15,999 | $707,000 | $471,200 | $235,800 |
Source: Public Records
Agents Affiliated with this Home
-
Sherry Gross
Seller's Agent in 2024
Sherry Gross
BHHS Fox & Roach
(732) 618-7599
3 in this area
46 Total Sales
-
Jennifer Jamin
J
Seller Co-Listing Agent in 2024
Jennifer Jamin
BHHS Fox & Roach
(347) 452-0305
3 in this area
37 Total Sales
-
Alexandra Lubin
A
Buyer's Agent in 2024
Alexandra Lubin
Heritage House Sotheby's International Realty
(610) 761-3653
1 in this area
19 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22403287
APN: 32-00840-0000-00024
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