NOT LISTED FOR SALE

55 Tower Hill Dr Unit 5 Red Bank, NJ 07701

Estimated Value: $575,000 - $652,000

2 Beds
2.5 Baths
1,556 Sq Ft
$394/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $292,500 $188 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,307/month

94 Days on Market

Highlights

  • In Ground Pool
  • Wooded Lot
  • Marble Bathroom Countertops
  • Red Bank Regional High School Rated A
  • Wood Flooring
  • Attic

About This Home

As of August 2016

A MUST SEE! Stylish, desirable end unit in vibrant and lush community with pool and tennis court. 2 bedroom, 2 1/2 bath condo offers privacy and tranquility. Open floor plan w/ hard wood floors and large living room w/ wood burning fireplace, eat-in kitchen w sliders to screened-in porch. Huge master bedroom suite includes soaring cathedral ceilings, large luxurious master bath w double sinks and oversized soaking tub. 2nd bedroom is large with beautiful view of tree'd area, also with ample closet space. Laundry conveniently on bedroom level w hallway linen closet.
Basement includes BONUS ROOM, large storage room, and oversized garage.
Minutes to downtown Red Bank's restaurants and shopping. This condo ''has it all''!
HOME WARRANTY INCLUDED.

Last Agent to Sell the Property

Joan Marinelli

Keller Williams Realty East Monmouth Listed on: 03/08/2016

Last Buyer's Agent

Joan Marinelli

Weichert Realtors-Rumson

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,717

Year Built

  • Built in 1987

Lot Details

  • End Unit
  • Wooded Lot

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Basement Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Visitor Parking
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Tray Ceiling
  • Light Fixtures
  • 1 Fireplace
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Finished Basement
  • Utility Basement
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

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

Listing and Financial Details

  • Exclusions: All personal belongings. 2nd refrigerator in basement negotiable.
  • Assessor Parcel Number 39-00052-01-00007-02

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, pool, sewer, snow removal, water
  • Tower Hill Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,717

Year Built

Built in 1987

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Common, In Ground
  • Reso Association Amenities: Tennis Court, Pool
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Pool, Sewer, Snow Removal, Water
  • Inclusions: Washer, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Garage Door Opener
  • Subdivision Name: Tower Hill
  • Architectural Style: End Unit, Townhouse, Condo
  • Reso Flooring: W/W Carpet
  • Reso Interior Features: Attic, Bonus Room, Built-Ins
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1987
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Swimming: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: x
  • General Property Info Farm: No
  • Location Middle School: Red Bank
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Light Fixtures: Yes
  • Style Townhouse: Yes
  • Included Screens: Yes
  • Kitchen Sliding Door5: Yes
  • Rooms Garage4: Yes
  • Kitchen Eat-In: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Water Heater Tank: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Exterior Porch - Screened: Yes
  • Style End Unit: Yes
  • Interior Bonus Room: Yes
  • Parking Visitor: Yes
  • Lot Description Wooded: Yes
  • SidingStucco: Yes
  • Dining Room Built-Ins3: Yes
  • Utility Room Level Basement5: Yes
  • Garage Level Basement25: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 3
  • Basement Finished: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Other Rooms:Basement3: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: 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 Marble7: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: All personal belongings. 2nd refrigerator in basement negotiable.
  • Exterior Features: Porch - Screened, Swimming, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Off Street, Visitor, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: x
  • Parcel #: 39-00052-01-00007-02

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6717.0

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Aug 30, 2016
Sold by
French Sally A and Oconnor James T
Bought by
Abrams Tracey
Seller's Agent
Joan Marinelli
Keller Williams Realty East Monmouth
Buyer's Agent
Joan Marinelli
Weichert Realtors-Rumson
Sold Price
$292,500
Current Estimated Value
$612,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,499
Avg. Annual Appreciation
8.24%
Interest Rate
3.43%

Purchase Details

Closed on
Nov 13, 2009
Sold by
Tarlton Peter B
Bought by
Oconnor James T and French Sally Anne

Purchase Details

Closed on
Oct 31, 2005
Sold by
Callinan Richard R
Bought by
Tarlton Peter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2004
Sold by
French Tara
Bought by
Callinan Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.4%
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
Abrams Tracey $292,500 --
Oconnor James T $345,000 Multiple
Tarlton Peter B $422,500 --
Callinan Richard $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Abrams Tracey --
Previous Owner Tarlton Peter B $338,000
Previous Owner Callinan Richard $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2016 08/17/16 Sold $292,500 -- $188 / 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 $7,583 $538,900 $327,900 $211,000
2024 $7,583 $456,500 $253,900 $202,600
2023 $7,583 $396,800 $182,200 $214,600
2022 $7,583 $375,400 $170,000 $205,400
2021 $7,583 $339,000 $170,000 $169,000
2020 $7,670 $337,600 $185,000 $152,600
2019 $7,352 $332,500 $185,000 $147,500
2018 $6,810 $311,400 $170,000 $141,400
2017 $6,549 $310,400 $170,000 $140,400
2016 $7,206 $342,000 $170,000 $172,000
2015 $6,717 $330,400 $220,000 $110,400
2014 $6,321 $330,400 $220,000 $110,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joan Marinelli

    Keller Williams Realty East Monmouth

  • Betsy O'connor

    Buyer's Agent in 2016

    Betsy O'connor

    Heritage House Sotheby's International Realty

    (917) 680-3335

    25 Total Sales

    Betsy O'connor
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21608724

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00052-01-00007-02

New Jersey Monmouth County Red Bank 07701

55 Tower Hill Dr Unit 5, Red Bank, NJ

Not Listed for Sale

Townhouses

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