M
Seller's Agent in 2024
Margaret Adjami
RE/MAX
(732) 842-8420
1 in this area
7 Total Sales
55 Michigan Ave Port Monmouth, NJ 07758
New Monmouth NeighborhoodEstimated Value: $470,000 - $589,000
3
Beds
2
Baths
1,516
Sq Ft
$368/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Bonus Room
- No HOA
- Wood Flooring
- Great Room
- Gazebo
About This Home
As of February 2024Start the New Year in a new home! A charming ranch with 3 bedrooms, 2 full baths, with an in-ground pool. This home features hardwood floors throughout, high vaulted ceilings in both the living room and great room, direct entry to garage, open kitchen with ample counter space, three generous size bedrooms, a walk in closet in the master, fenced in yard with in-ground pool, shed for storage, and whole house generator.
Last Agent to Sell the Property
RE/MAX First Class License #2321712 Listed on: 01/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,014
Year Built
- Built in 1992
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 100 x 100
- Fenced
Parking
- 1 Car Direct Access Garage
- Converted Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,516 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet on the main level
- Ceiling Fan
- Recessed Lighting
- Light Fixtures
- Gas Fireplace
- Blinds
- Bay Window
- Sliding Doors
- Great Room
- Living Room
- Bonus Room
- Pull Down Stairs to Attic
- Home Security System
Kitchen
- Gas Cooktop
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Accessible Home Design
- Handicap Accessible
- Accessible Approach with Ramp
Pool
- In Ground Pool
- Outdoor Pool
- Vinyl Pool
- Pool Equipment Stays
Outdoor Features
- Patio
- Gazebo
- Outdoor Storage
- Storage Shed
- Outdoor Gas Grill
Schools
- New Monmouth Elementary School
- Thorne Middle School
- Middle North High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Power Generator
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 32-00248-0000-00004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Feb 21, 2024
Sold by
Tartaro Linda S
Bought by
Sullivan Philip and Sullivan Lauren
Seller's Agent
Margaret Adjami
RE/MAX First Class
Buyer's Agent
Maureen Yetman
C21 Thomson & Co.
List Price
$518,000
Sold Price
$530,000
Premium/Discount to List
$12,000
2.32%
Views
128
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
$30,409
Avg. Annual Appreciation
0.93%
Original Mortgage
$397,500
Outstanding Balance
$392,818
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$144,510
Purchase Details
Closed on
Mar 20, 1992
Bought by
Demeo Ronald and Demeo Michele
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sullivan Philip | $530,000 | Doma Title Insurance | |
| Demeo Ronald | $132,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sullivan Philip | $397,500 | |
| Previous Owner | Demeo Ronald | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2024 02/13/24 | Sold | $530,000 | +2.3% | $350 / Sq Ft |
| 01/08/2024 01/08/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $518,000 | -- | $342 / 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 | $8,014 | $465,900 | $261,300 | $204,600 |
| 2023 | $8,014 | $461,100 | $261,300 | $199,800 |
| 2022 | $6,918 | $402,600 | $210,000 | $192,600 |
| 2021 | $6,918 | $332,600 | $161,300 | $171,300 |
| 2020 | $6,944 | $324,800 | $153,300 | $171,500 |
| 2019 | $6,716 | $318,000 | $147,500 | $170,500 |
| 2018 | $6,271 | $289,400 | $125,000 | $164,400 |
| 2017 | $6,007 | $274,400 | $115,000 | $159,400 |
| 2016 | $5,928 | $278,200 | $130,000 | $148,200 |
| 2015 | $6,010 | $272,300 | $130,000 | $142,300 |
| 2014 | $5,954 | $263,100 | $130,000 | $133,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Sally Trezza
Daunno Realty Services
(732) 513-0937
21 in this area
54 Total Sales
-
Buyer's Agent in 2024
Maureen Yetman
C21 Thomson & Co.
(732) 687-3186
94 in this area
199 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22334618
APN: 32-00248-0000-00004
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