NOT LISTED FOR SALE

550 Sheldon Way Unit O Monroe Township, NJ 08831

Estimated Value: $188,290 - $202,000

2 Beds
1 Bath
768 Sq Ft
$256/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $186,000 $242 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,558/month

38 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Central Air
  • Outdoor Pool
  • Clubhouse
  • Baseboard Heating

About This Home

As of September 2024

55+ Adult Community. Well maintained, large, second floor unit, featuring 2 beautiful bedrooms, 1 bath; overlooking the golf course. Unit includes one designated carport. Rossmoor village is a gated community, which offers a swimming pool, health center, 18-hole championship golf course, a well-appointed fitness center, and a spacious clubhouse—all set among hundreds of verdant, matured trees, and miles of meandering sidewalks. Close to NJ Turnpike, shopping centers, and bus transportation.

Last Agent to Sell the Property

Ashraf Habib

Keller Williams Realty West Monmouth License #2080459 Listed on: 07/09/2024

Keller Williams Realty West Monmouth

Last Buyer's Agent

Nikita Shah

Halo Realty License #2321815

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,033

Year Built

  • Built in 1982

Lot Details

  • 871

HOA Fees

  • $436 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Exterior Lighting

Schools

  • Monroe Twp High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • 871 Sq Ft Lot
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 12-00056-0000-00077-0000-C550O

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include golf course, lawn maintenance, pool, sewer, snow removal, water
  • Rossmoor Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,033

Year Built

Built in 1982

Lot Details

0

HOA Fees

$436 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Reso Association Amenities: Association, Clubhouse
  • Reso Association Fee Includes: Golf Course, Lawn Maintenance, Pool, Sewer, Snow Removal, Water
  • Subdivision Name: Rossmoor
  • Architectural Style: Upper Level
  • New Construction: No
  • Year Built: 1982
  • Contract Info List PriceSqFt: 239.58
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.02
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Common Elements Clubhouse: Yes
  • Fee Includes Golf Course3: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.02
  • Waterfront: No
  • Exterior Features: Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Carport
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Carport: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 436.2
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 12-00056-0000-00077-0000-C550O

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1033.0

MLS Schools

  • High School: Monroe Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Sep 13, 2024
Sold by
Chebli Elizabeth M and Tawadros Joyce M
Bought by
Cevallos Elisa A and Cevallos Carlos E
Seller's Agent
Ashraf Habib
Keller Williams Realty West Monmouth
Buyer's Agent
Nikita Shah
Halo Realty
List Price
$184,000
Sold Price
$186,000
Premium/Discount to List
$2,000
1.09%
Views
18
Current Estimated Value
$196,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,323
Avg. Annual Appreciation
4.60%
Original Mortgage
$144,000
Outstanding Balance
$142,297
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$54,026

Purchase Details

Closed on
Mar 30, 2016
Sold by
Michael William A
Bought by
Chelbi Elizabeth M and Tawadros Joyce M

Purchase Details

Closed on
Jun 17, 1997
Sold by
Corbett James
Bought by
Michael William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
7.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cevallos Elisa A $186,000 Realsafe Title
Cevallos Elisa A $186,000 Realsafe Title
Chelbi Elizabeth M -- None Available
Michael William $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cevallos Elisa A $144,000
Closed Cevallos Elisa A $144,000
Previous Owner Michael William $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $186,000 +1.1% $242 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $184,000 0.0% $240 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $184,000 -- $240 / 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 $1,070 $37,000 $5,200 $31,800
2024 $1,033 $37,000 $5,200 $31,800
2023 $1,033 $37,000 $5,200 $31,800
2022 $1,014 $37,000 $5,200 $31,800
2021 $756 $37,000 $5,200 $31,800
2020 $1,010 $37,000 $5,200 $31,800
2019 $986 $37,000 $5,200 $31,800
2018 $976 $37,000 $5,200 $31,800
2017 $961 $37,000 $5,200 $31,800
2016 $946 $37,000 $5,200 $31,800
2015 $922 $37,000 $5,200 $31,800
2014 $890 $37,000 $5,200 $31,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Ashraf Habib

    Keller Williams Realty West Monmouth

    (732) 322-8874

    4 in this area

    8 Total Sales

    Ashraf Habib
    Section Image

  • N

    Buyer's Agent in 2024

    Nikita Shah

    Halo Realty

    (732) 462-4242

    1 in this area

    9 Total Sales

    Nikita Shah
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22415592

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-00056-0000-00077-0000-C550O

New Jersey Middlesex County Monroe Township 08831

550 Sheldon Way Unit O, Monroe Township, NJ

Not Listed for Sale

Detached

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