NOT LISTED FOR SALE

59 Tower Hill Dr Red Bank, NJ 07701

Estimated Value: $454,093 - $503,000

1 Bed
1.5 Baths
1,136 Sq Ft
$450/mo HOA Fee

Last Sold August 31, 2021

Last sale price $319,900 $282 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,543/month

15 Days on Market

Highlights

  • Outdoor Pool
  • Balcony
  • 1 Car Garage
  • Red Bank Regional High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

Finally your opportunity to own a home in one of the most desirable communities in Red Bank. Walking distance to downtown shops, restaurants & marina. Great open floor plan, cathedral ceilings, custom hardwood flooring, huge master bedroom and bathroom with custom glass & tile shower. Located in one of the most desirable sections of Tower Hill. Coming home you enter through the canopy of trees into a beautifully paved courtyard. Maintenance free living. Exterior, roof, landscaping & even the water bill included in monthly maintenance.
Must see to appreciate.

Last Agent to Sell the Property

Christine Morford

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #1974890 Listed on: 07/16/2021

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Donna Lino

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,366

Year Built

  • Built in 1987

Lot Details

  • 1,307

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

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

Additional Features

  • 1-Story Property
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 39-00052-01-00007-06

Community Details

Overview

  • Tower Hill Subdivision

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,366

Year Built

Built in 1987

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: Tower Hill
  • Architectural Style: Upper Level
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1987
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.03
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Tennis Court(s): Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Waterfront: No
  • Exterior Features: Balcony, Tennis Court(s)

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: 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: 450.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 39-00052-01-00007-06

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6366.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 27, 2021
Sold by
Skowronski Robert and Spivak Yana
Bought by
Montreuil Lori
Seller's Agent
Christine Morford
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Donna Lino
Gloria Nilson & Co. Real Estate
List Price
$319,900
Sold Price
$319,900
Current Estimated Value
$477,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,873
Avg. Annual Appreciation
9.78%
Original Mortgage
$255,920
Outstanding Balance
$232,868
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$244,905

Purchase Details

Closed on
Nov 7, 2002
Sold by
Brady Regina
Bought by
Skowronski Robert and Spivak Yana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.11%
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
Montreuil Lori $319,900 All Ahead Title Agency
Skowronski Robert $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montreuil Lori $255,920
Previous Owner Skowronski Robert $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $319,900 0.0% $282 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $319,900 -- $282 / 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 $6,964 $476,800 $298,500 $178,300
2024 $6,964 $395,600 $224,500 $171,100
2023 $6,964 $364,400 $201,800 $162,600
2022 $5,873 $324,400 $168,800 $155,600
2021 $5,873 $276,700 $135,000 $141,700
2020 $6,366 $280,200 $165,000 $115,200
2019 $6,109 $276,300 $165,000 $111,300
2018 $5,942 $271,700 $165,000 $106,700
2017 $5,697 $270,000 $165,000 $105,000
2016 $5,923 $281,100 $165,000 $116,100
2015 $4,676 $230,000 $220,000 $10,000
2014 $5,601 $292,800 $220,000 $72,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22122119

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00052-01-00007-06