NOT LISTED FOR SALE

59 Madison Ct Tinton Falls, NJ 07712

Estimated Value: $347,000 - $381,000

1 Bed
1.5 Baths
944 Sq Ft
$381/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $269,000 $285 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,509/month

41 Days on Market

Highlights

  • Loft
  • Living Room
  • Forced Air Heating and Cooling System
  • Patio
  • Sliding Doors
  • Wall to Wall Carpet

About This Home

As of October 2021

One Bedroom 3 level townhouse located in Park Place II. Large living room with slider out to private patio. New carpeting, New Hot Water Heater. Bright white kitchen and a powder room on the first floor. The second floor is where you will find the large master with walk in closet and attached full bath. Laundry is conveniently located on second floor. The third floor is a loft area with a 2nd walk in closet perfect for home office. Located close to beaches, shopping, restaurants and highways.

Last Agent to Sell the Property

Lauren Gill

Diane Turton, Realtors-Spring Lake License #9805901 Listed on: 09/10/2021

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Akira Williams

Gloria Nilson & Co. Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,209

Year Built

  • Built in 1998

Lot Details

  • 436

HOA Fees

  • $227 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Sliding Doors
  • Living Room
  • Loft

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • Visitor Parking
  • Assigned Parking

Schools

  • Tinton Falls Middle School

Utilities

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

Additional Features

  • Patio
  • 436 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 49-00124-51-00053

Community Details

Overview

  • Association fees include common area, exterior maint, mgmt fees, snow removal
  • Park Place II Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,209

Year Built

Built in 1998

Lot Details

0

HOA Fees

$227 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Fee Includes: Common Area, Exterior Maint, Mgmt Fees, Snow Removal
  • Inclusions: Washer, Dishwasher, Dryer, Stove, Refrigerator
  • Subdivision Name: Park Place II
  • Architectural Style: Townhouse
  • Year Built: 1998
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: Tinton Falls
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style Townhouse: Yes
  • Living Room Floor - Laminate3: Yes
  • Water Heater Tank: Yes
  • Living Room Sliding Door2: Yes
  • Rooms Loft2: Yes
  • Parking Visitor: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 3
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront: No
  • Exclusions: Personal Items
  • Exterior Features: Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Visitor
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 227.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Schools

  • Middle Or Junior School: Tinton Falls

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 49-00124-51-00053

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4209.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 26, 2021
Sold by
Kutz Rachel Autumn and Amorosi Joseph
Bought by
Davis Malcolm E
Seller's Agent
Lauren Gill
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Akira Williams
Gloria Nilson & Co. Real Estate
List Price
$269,900
Sold Price
$269,000
Premium/Discount to List
-$900
-0.33%
Current Estimated Value
$360,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,985
Avg. Annual Appreciation
7.31%
Original Mortgage
$264,127
Outstanding Balance
$241,655
Interest Rate
2.88%
Mortgage Type
FHA
Estimated Equity
$118,276

Purchase Details

Closed on
Apr 12, 2006
Sold by
Compitello Michael
Bought by
Kutz Rachel Autumn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2000
Sold by
Cannella Joseph
Bought by
Compitello Michael and Compitello Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.21%

Purchase Details

Closed on
Jan 29, 1998
Sold by
Hovbilt Inc
Bought by
Cannella Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.93%
Mortgage Type
FHA
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
Davis Malcolm E $269,000 Stewart Title Guaranty Co
Kutz Rachel Autumn $248,000 --
Compitello Michael $111,000 --
Cannella Joseph $85,888 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Malcolm E $264,127
Previous Owner Kutz Rachel Autumn $198,400
Previous Owner Compitello Michael $88,000
Previous Owner Cannella Joseph $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2021 10/26/21 Sold $269,000 -0.3% $285 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $269,900 +0.3% $286 / Sq Ft
08/11/2021 08/11/21 Off Market $269,000 -- --
08/06/2021 08/06/21 For Sale $269,900 0.0% $286 / Sq Ft
12/15/2014 12/15/14 Rented $18,000 -- --
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 $4,664 $338,400 $196,400 $142,000
2024 $4,468 $324,100 $173,400 $150,700
2023 $4,468 $292,800 $150,000 $142,800
2022 $4,407 $283,600 $130,000 $153,600
2021 $4,407 $228,800 $105,000 $123,800
2020 $4,209 $211,000 $90,000 $121,000
2019 $3,990 $200,300 $80,000 $120,300
2018 $4,016 $201,000 $85,000 $116,000
2017 $4,043 $197,300 $95,000 $102,300
2016 $4,001 $190,900 $90,000 $100,900
2015 $4,074 $196,800 $90,000 $106,800
2014 $4,021 $185,800 $70,000 $115,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22126109

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 49-00124-51-00053