NOT LISTED FOR SALE

553 S Atlantic Ave Unit 5 Matawan, NJ 07747

Estimated Value: $575,000 - $619,000

2 Beds
4 Baths
2,146 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $520,000 $242 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,280/month

6 Days on Market

Highlights

  • New Kitchen
  • Deck
  • 2 Fireplaces
  • Matawan Reg High School Rated A-
  • Backs to Trees or Woods
  • Granite Countertops

About This Home

As of November 2022

*STUNNING* 3 Level Townhouse COMPLETELY RENOVATED w/ NO Expenses Spared, in the Desirable & Private Florence Court Community, Backing to Woods! This Gorgeous Home Was in Built in 2012 and Has Been Immaculately Maintained Offering High End Upgrades Throughout, w/ Top Quality Craftsmanship. Lower Level Living Room w/ Gas Fireplace and Walk-Out Access to Private Yard. Gleaming Hardwood Flooring on 2n Level w/ Recessed Lighting + Upgraded Kitchen is a SHOWSTOPPER, Featuring Calacutta Gold Quartz Counters/Full Backsplash w/ Custom Mitre Island, Stainless Steel Appliances + Center Island w/ Breakfast Bar! Open Floor Plan w/ Direct Access to Dining Area + Cozy Family Room, Custom Gas Fireplace, Ship Lap Accent Wall and Access to Private Deck Overlooking The Woods. 2 Large Master Suites Upstairs w/ Full Bathrooms & Great Closet Space! Perfect Location for NYC Commuters and Seconds Away From Shopping & Restaurants! Incredible Opportunity Not To be Missed!

Last Agent to Sell the Property

Jason Gumnitz

RE/MAX Central License #1221734 Listed on: 08/16/2022

Last Buyer's Agent

Giuseppe (Joe) Di Maggio

Coldwell Banker Realty License #1970889

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,774

Year Built

  • Built in 2012

Lot Details

  • 6,970 Sq Ft Lot
  • Backs to Trees or Woods

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 2,146 Sq Ft Home
  • 3-Story Property
  • Light Fixtures
  • 2 Fireplaces
  • Gas Fireplace
  • Blinds

Kitchen

  • New Kitchen
  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Exclusions: Dining room chandelier
  • Assessor Parcel Number 01-00066-0000-00010-0000-C0005

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, snow removal
  • Florence Court Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,774

Year Built

Built in 2012

Lot Details

0

HOA Fees

$335 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Back to Woods
  • Reso Association Amenities: Association
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Snow Removal
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator
  • Subdivision Name: Florence Court
  • Architectural Style: Townhouse
  • Reso Interior Features: Breakfast Bar
  • Property Attached Yn: Yes
  • Year Built: 2012
  • Contract Info List PriceSqFt: 232.53
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Quartz: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.16
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Lot Description Back to Woods: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 2.0
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Style Townhouse: Yes
  • Included Window Treatments: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen Breakfast Cntr: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 3
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Full Bath: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.16
  • Waterfront: No
  • Exclusions: Dining room chandelier
  • Exterior Features: Deck
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 335.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 01-00066-0000-00010-0000-C0005

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9774.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Oct 4, 2022
Sold by
Uacono Alexandria
Bought by
Lepore Francesca
Seller's Agent
Jason Gumnitz
RE/MAX Central
Buyer's Agent
Giuseppe (Joe) Di Maggio
Coldwell Banker Realty
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%
Views
75
Current Estimated Value
$591,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,014
Avg. Annual Appreciation
4.29%
Original Mortgage
$320,000
Outstanding Balance
$304,918
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$286,096

Purchase Details

Closed on
Aug 13, 2018
Sold by
Florence Court At Aberdeen Inc
Bought by
Albright Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,920
Interest Rate
4.59%
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
Lepore Francesca $520,000 Commonwealth Title
Lepore Francesca $520,000 Commonwealth Title
Albright Robert $389,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lepore Francesca $320,000
Closed Lepore Francesca $320,000
Previous Owner Albright Robert $311,920
Previous Owner Albright Robert --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2022 11/14/22 Sold $520,000 +4.2% $242 / Sq Ft
08/16/2022 08/16/22 For Sale $499,000 +32.4% $233 / Sq Ft
07/01/2020 07/01/20 Sold $377,000 -3.3% $178 / Sq Ft View Prior Sale
05/27/2020 05/27/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $389,900 -- $185 / 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 $9,994 $529,100 $233,600 $295,500
2024 $9,918 $520,000 $226,600 $293,400
2023 $9,918 $487,600 $197,900 $289,700
2022 $9,774 $403,800 $124,900 $278,900
2021 $9,774 $380,000 $107,400 $272,600
2020 $9,866 $381,800 $134,000 $247,800
2019 $10,116 $380,000 $131,000 $249,000
2018 $1,781 $67,100 $67,100 $0
2017 $1,754 $67,100 $67,100 $0
2016 $1,767 $67,100 $67,100 $0
2015 $1,751 $67,100 $67,100 $0
2014 $1,717 $67,100 $67,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22226068

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00066-0000-00010-0000-C0005