NOT LISTED FOR SALE

551 Locust Point Rd Rumson, NJ 07760

Estimated Value: $1,623,000 - $2,039,000

4 Beds
3 Baths
3,424 Sq Ft
$516/Sq Ft Est. Value

About This Home

This home is located at 551 Locust Point Rd, Rumson, NJ 07760 and is currently estimated at $1,765,693, approximately $515 per square foot. 551 Locust Point Rd is a home located in Monmouth County with nearby schools including Navesink Elementary School, Bayshore Middle School, and Middletown - South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2008
Sold by
Krauss Mikal T and Krauss James
Bought by
Rudiger Susanne R and Rudiger Karl
Current Estimated Value
$1,765,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$190,286
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,575,407

Purchase Details

Closed on
Jan 7, 1998
Sold by
O'Doyle Patrick
Bought by
Krauss Mikal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
7.09%

Purchase Details

Closed on
Feb 16, 1995
Sold by
Ocean Fedl Sav Bk
Bought by
Doyle Patrick and Doyle Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9.17%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Rudiger Susanne R $980,000 Chicago Title Insurance Co
Krauss Mikal $445,000 --
Doyle Patrick $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudiger Susanne R $300,000
Previous Owner Krauss Mikal $356,000
Previous Owner Doyle Patrick $140,000
Source: Public Records

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 $19,781 $1,216,900 $649,500 $567,400
2024 $21,040 $1,202,500 $645,500 $557,000
2023 $21,040 $1,210,600 $615,500 $595,100
2022 $20,482 $1,062,300 $495,700 $566,600
2021 $20,482 $984,700 $480,800 $503,900
2020 $20,811 $973,400 $480,800 $492,600
2019 $20,497 $970,500 $480,800 $489,700
2018 $20,537 $947,700 $480,800 $466,900
2017 $20,690 $945,200 $480,800 $464,400
2016 $19,893 $933,500 $480,800 $452,700
2015 $20,437 $926,000 $480,800 $445,200
2014 $20,086 $887,600 $480,800 $406,800
Source: Public Records

Map

New Jersey Monmouth County Rumson 07760

551 Locust Point Rd, Rumson, NJ

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