55 Wallace Rd Middletown, NJ 07748
New Monmouth NeighborhoodEstimated Value: $1,075,000 - $1,168,000
4
Beds
2.5
Baths
2,595
Sq Ft
$425/Sq Ft
Est. Value
Highlights
- New Kitchen
- Wood Flooring
- No HOA
- Nut Swamp Elementary School Rated A-
- Granite Countertops
- Home Office
About This Home
As of July 2018Spectacular and Sprawling 4 bedroom, 2 1/2 bath ranch nestled on 3/4 of an acre with a level backyard in the heart of Oak Hill. Newer eat in kitchen boasts an oversized center island, granite counter tops, Jenn-air appliances including a professional 6 burner gas stove, dishwasher, wine cooler, microwave, GE Profile refrigerator and opens to the spacious living room featuring a wood burning fireplace with Japanese maple floors and family room boasting 3 walls of windows overlooking the level backyard and beautiful wooded setting. Formal dining room, double door entry foyer, Generous sized bedrooms, convenient office, partially fin basement, attached 2 car gar, circular driveway, newer roof, windows, radiant heat in most rooms,room sizes and sq ft are approximate
Last Agent to Sell the Property
Holly Moon Oehler
Weichert Realtors-Rumson Listed on: 05/03/2018
Last Buyer's Agent
Michael Victor
Brokers 3 Realtors
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,780
Year Built
- Built in 1962
Lot Details
- Lot Dimensions are 148 x 217
- Oversized Lot
- Sprinkler System
Parking
- 2 Car Direct Access Garage
- Oversized Parking
- Garage Door Opener
- Circular Driveway
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 2,595 Sq Ft Home
- 1-Story Property
- Built-In Features
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- Double Door Entry
- Family Room
- Living Room
- Dining Room
- Home Office
- Partially Finished Basement
- Partial Basement
- Home Security System
Kitchen
- New Kitchen
- Breakfast Area or Nook
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
- Exterior Lighting
Schools
- Nut Swamp Elementary School
- Thompson Middle School
- Middle South High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Oak Hill Subdivision
Listing and Financial Details
- Exclusions: window treatments
- Assessor Parcel Number 32-00849-0000-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2018
Closed on
Jul 25, 2018
Sold by
Hathaway Michael Allon and Hathaway Kristyn
Bought by
Victor Gregory and Lichtenberger Janice
Seller's Agent
Holly Moon Oehler
Weichert Realtors-Rumson
Buyer's Agent
Michael Victor
Brokers 3 Realtors
Sold Price
$686,000
Total Days on Market
6
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
$417,295
Avg. Annual Appreciation
7.18%
Original Mortgage
$548,800
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 15, 2013
Closed on
May 31, 2013
Sold by
Ferlanti Ian and Ferlanti Jamie
Bought by
Hathaway Kristyn Catherine and Hathaway Michael Allen
Seller's Agent
Stephen Massell
Gloria Nilson & Co. Real Estate
Buyer's Agent
Holly Moon Oehler
Heritage House Sotheby's International Realty
Sold Price
$570,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Purchase Details
Closed on
Mar 15, 2007
Sold by
Smeltzer William
Bought by
Ferlanti Ian and Ferlanti Jamie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,900
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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 |
|---|---|---|---|
| Victor Gregory | $686,000 | None Available | |
| Hathaway Kristyn Catherine | $570,000 | None Available | |
| Ferlanti Ian | $565,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Victor Gregory | $533,000 | |
| Closed | Victor Gregory | $540,800 | |
| Closed | Gregory Victor | $544,000 | |
| Closed | Victor Gregory | $548,800 | |
| Previous Owner | Ferlanti Ian | $47,600 | |
| Previous Owner | Ferlanti Ian | $408,000 | |
| Previous Owner | Ferlanti Ian | $417,000 | |
| Previous Owner | Ferlanti Ian J | $60,030 | |
| Previous Owner | Ferlanti Ian | $40,000 | |
| Previous Owner | Ferlanti Ian | $25,000 | |
| Previous Owner | Ferlanti Ian | $351,900 | |
| Previous Owner | Smeltzer William E | $425,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2018 07/25/18 | Sold | $686,000 | +20.4% | $264 / Sq Ft |
| 05/31/2013 05/31/13 | Sold | $570,000 | -- | $217 / 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 | $16,101 | $911,900 | $460,300 | $451,600 |
| 2023 | $16,101 | $926,400 | $430,400 | $496,000 |
| 2022 | $14,506 | $772,600 | $303,500 | $469,100 |
| 2021 | $14,077 | $697,400 | $286,600 | $410,800 |
| 2020 | $14,077 | $658,400 | $278,000 | $380,400 |
| 2019 | $13,876 | $657,000 | $278,000 | $379,000 |
| 2018 | $12,246 | $565,100 | $266,600 | $298,500 |
| 2017 | $11,780 | $554,600 | $261,600 | $293,000 |
| 2016 | $10,945 | $513,600 | $286,600 | $227,000 |
| 2015 | $10,490 | $491,100 | $266,600 | $224,500 |
| 2014 | $10,107 | $461,700 | $256,600 | $205,100 |
Source: Public Records
Agents Affiliated with this Home
-
H
Seller's Agent in 2018
Holly Moon Oehler
Weichert Realtors-Rumson
-
M
Buyer's Agent in 2018
Michael Victor
Brokers 3 Realtors
-
S
Seller's Agent in 2013
Stephen Massell
BHHS Fox & Roach
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21817090
APN: 32-00849-0000-00003
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