NOT LISTED FOR SALE

551 Gravelly Run Rd Mays Landing, NJ 08330

Estimated Value: $732,498 - $1,106,000

5 Beds
4 Baths
3,792 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $543,333 $143 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,127/month

199 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Wooded Lot
  • Cedar Creek High School Rated A-
  • Recreation Room
  • Cathedral Ceiling

About This Home

As of March 2018

Come See This Executive Home in Desirable Forest Walk with 5 Bedrooms, 4 Full Baths on 2.8 acres With Professional Landscaping and a Retreat Backyard...The Minute You Enter This Beautifully Appointed Home, You'll Notice The Finest of Details & Finishes... Solid Wood Doors...2 x 6 Construction..Brazilian Cherry Dining Rm Floor...Porcelean Tile Floor In Foyer and Family Rm...Kitchen With Viking, Wolf and Bosch Appliances including Miele Steam Oven...Oak European Cabinets and 8 ft. Island With Quartz Counters, Perimeter Counters Are Corian...Vinyl Plank Flooring in Kit, Laundry Rm and Main Floor Bathroom...From the Foyer Walk Into the Family Rm With Cathedral Wood Ceiling with Tons of Natural Light, 2 skylights and Woodburning Fireplace...Laundry Room with Cabinets for Storage...Steps up from Foyer to Master Bedroom with Dressing Rm with Built-Ins...Master Bath with Double Sinks, Soaking Tub and Large Walk-in Shower...Two Additional Bedrooms and Full Bath on this Floor...Lower Level with Media Rm and Two more Bedrooms and Full Bath, Perfect for Kids or an In-Law Suite...3 Car Garage/Workshop...Backyard Retreat with Patio that Overlooks Inground Gunnite Pool, Pool House & Pergola for those Summer Parties...Storage Shed...Potting Shed...Regulation Horseshoe Pit...Sprinkler System...Drip System for Planters...2 Wells...Partially Finished Basement with Storage Closets...3 zone Heat... 2 zone Air Conditioning...Central Vacuum Sys...This is The Perfect Home for Entertaining!!!

Last Listed By

ELIZABETH MANCUSO

COLLINI REAL ESTATE, LLC License #0447059 Listed on: 07/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,537

Year Built

  • Built in 1984

Lot Details

  • Fenced
  • Sprinkler System
  • Wooded Lot

Home Design

  • Contemporary Architecture

Interior Spaces

  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Den
  • Recreation Room
  • Workshop
  • Storage
  • Burglar Security System
  • Partially Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Heated Garage

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Forest Walk Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,537

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Contemporary
  • Also Includes: Blinds
  • Lvt Date: 07/21/2017
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Burglar Alarm, Central Vacuum, Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Wood Burning
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Kitchen Center Island, Security System, Storage, Skylight(s), Whirlpool
  • Bedrooms: 5
  • Bedroom 1: Size: 16'1x15'2, On Level: Upper
  • Bedroom 2: Size: 12'9x12'5, On Level: Upper
  • Bedroom 3: Size: 12'9x12'2, On Level: Upper
  • Bedroom 4: Size: 15'1x13'6, On Level: Lower
  • Bedroom 5: Size: 12'1x10'9, On Level: Lower
  • Full Bathrooms: 4
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Lower
  • Basement: 6 Ft. Or More Head Room, Partially Finished
  • Dining Room: Size: 21'x13'7, On Level: Main
  • Family Room: Size: 25'x13'11, On Level: Lower
  • Kitchen: Size: 27'x13'10, On Level: Main
  • Living Room: Size: 23'5x19'10, On Level: Main
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Room, Eat In Kitchen, Great Room, In-Law Quarters, Laundry/Utility Room, Recreation/Family, Workshop

Exterior Features

  • Outside Features: Fenced Yard, Patio, Pool-In Ground, Shed, Sprinkler System
  • Siding Exterior: Dryvit

Garage/Parking

  • Driveway: Blacktop
  • Garage: Three Or More Cars, Attached Garage, Heated Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Baseboard, Hot Water, Multi-Zoned
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric, Gas

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly

Lot Info

  • Location: Wooded Lot
  • Lot Dimensions: 2.8 acres
  • Lot Size: 1 To 5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Apr 3, 2018
Sold by
Valentino Martin and Valentino Elaine
Bought by
King Kevin
Seller's Agent
ELIZABETH MANCUSO
COLLINI REAL ESTATE, LLC
Buyer's Agent
George Phy
GLEN COVE REAL ESTATE
List Price
$600,000
Sold Price
$543,333
Premium/Discount to List
-$56,667
-9.44%
Total Days on Market
199
Current Estimated Value
$878,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,042
Avg. Annual Appreciation
6.95%
Original Mortgage
$434,650
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2004
Sold by
Rogers Joseph C and Rogers Janet E
Bought by
Valentino Martin and Valentino Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 2, 2004
Sold by
Rettino Nicholas A
Bought by
Rogers Janet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 26, 1998
Sold by
Rogers Janet E and Rettino Janet E
Bought by
Rogers Joseph C and Rogers Janet E

Purchase Details

Closed on
Jul 1, 1997
Sold by
Rettino Nicholas A
Bought by
Rettino Janet E

Purchase Details

Closed on
Nov 9, 1994
Sold by
Rettino Nicholas A
Bought by
Rettino Nicholas A and Rettino Janet E

Range of Values:

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Average Value
Not Available
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
King Kevin $543,333 Surety Title Co
Valentino Martin $575,000 --
Rogers Janet E -- --
Rogers Joseph C -- --
Rettino Janet E -- --
Rettino Nicholas A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Kevin $420,000
Closed King Kevin $434,650
Previous Owner Valentino Martin $150,000
Previous Owner Valentino Martin $420,000
Previous Owner Rogers Joseph C $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $543,333 -9.4% $143 / Sq Ft
02/04/2018 02/04/18 Pending -- -- --
07/20/2017 07/20/17 For Sale $600,000 -- $158 / Sq Ft
Source: South Jersey Shore Regional MLS

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
2024 $14,537 $423,700 $84,000 $339,700
2023 $13,669 $423,700 $84,000 $339,700
2022 $13,669 $423,700 $84,000 $339,700
2021 $13,639 $423,700 $84,000 $339,700
2020 $13,639 $423,700 $84,000 $339,700
2019 $13,673 $423,700 $84,000 $339,700
2018 $12,944 $423,700 $84,000 $339,700
2017 $12,736 $423,700 $84,000 $339,700
2016 $12,372 $423,700 $84,000 $339,700
2015 $11,944 $423,700 $84,000 $339,700
2014 $11,921 $453,800 $94,000 $359,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 491019

South Jersey Shore Regional MLS

APN: 12-00981-03-00008