NOT LISTED FOR SALE

602 Wellington Place Unit 602 Matawan, NJ 07747

Estimated Value: $335,471 - $348,000

1 Bed
1 Bath
834 Sq Ft
566 Sq Ft Lot

Last Sold May 16, 2013

Last sale price $150,000 $180 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,277/month

Highlights

  • Outdoor Pool
  • Main Floor Primary Bedroom
  • Tennis Courts
  • Matawan Reg High School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of May 2019

Great one bedroom, first floor condo available at desirable Wellington Place. Unit features living room with wood burning fireplace, dining area, updated kitchen, full bath, washer/dryer, and spacious master bedroom with walk-in closet. Patio overlooks large grassy common area. Wellington complex offers tennis courts and pool. Minutes from train station, shopping and dining. No pets or smokers.

Last Agent to Rent the Property

Patricia Lipert

Heritage House Sotheby's International Realty License #0680454 Listed on: 03/08/2019

Heritage House Sotheby's International Realty

Last Renter's Agent

Rosanna Posillico

VRI Homes

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,159

Year Built

  • Built in 1979

Lot Details

  • 566

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Dryer

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • No Garage
  • Common or Shared Parking
  • Visitor Parking

Outdoor Features

  • Outdoor Pool
  • Patio

Location

  • Lower Level

Utilities

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

Listing and Financial Details

  • Security Deposit $2,325
  • Assessor Parcel Number 01-00114-0000-00003-0000-C0602

Community Details

Overview

  • No Home Owners Association
  • Wellington Pl Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,159

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common
  • Inclusions: Stove, Microwave, Refrigerator, Dishwasher, Dryer, Electric Cooking
  • Subdivision Name: Wellington Pl
  • Architectural Style: Lower Level
  • Year Built: 1979
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Pool Common2: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Included Electric Cooking: Yes
  • Garage None4: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Floor - Laminate3: Yes
  • Maintenance Fees Security Deposit3: 2325.0
  • Lease Requirements Security Deposit4: Yes
  • Common Elements Tennis Court: Yes
  • General Property Info # Parking Spaces3: 1
  • Common Elements Swimming Pool: Yes
  • Style Lower Level: Yes
  • Parking Visitor2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bedroom Level First39: Yes
  • Primary Bedroom Floor - Laminate8: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Common, None, Visitor
  • General Property Info:Garage: No
  • GarageParking:Common: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 01-00114-0000-00003-0000-C0602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2013
Closed on
May 15, 2013
Sold by
Carroll Cornelia
Bought by
Ling Moses M and Ling Barbara T
Seller's Agent
Patricia Lipert
Heritage House Sotheby's International Realty
Buyer's Agent
Patricia Lipert
Heritage House Sotheby's International Realty
Sold Price
$16,800
Current Estimated Value
$338,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,068
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Aug 23, 2007
Sold by
Cavanaugh Lourdes
Bought by
Carroll Cornelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,900
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2006
Sold by
Blackwood Susan
Bought by
Cavanaugh Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
6.83%

Purchase Details

Closed on
Mar 22, 2000
Sold by
Murphy Charles
Bought by
Blackwood Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
8.4%

Purchase Details

Closed on
Jun 12, 1998
Sold by
Gregory Colen
Bought by
Murphy Charles and O'Neill Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Ling Moses M $150,000 Agent For Chicago Title Insu
Carroll Cornelia $222,000 Multiple
Cavanaugh Lourdes $229,000 --
Blackwood Susan $89,000 --
Murphy Charles $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carroll Cornelia $210,900
Previous Owner Cavanaugh Lourdes $129,900
Previous Owner Blackwood Susan $68,800
Previous Owner Murphy Charles $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Rented $18,000 +3.4% --
06/22/2014 06/22/14 Rented $17,400 +3.6% --
07/05/2013 07/05/13 Rented $16,800 0.0% --
05/16/2013 05/16/13 Sold $150,000 -- $257 / 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 $5,159 $328,500 $190,300 $138,200
2024 $5,233 $268,400 $134,100 $134,300
2023 $5,233 $257,300 $126,800 $130,500
2022 $5,247 $226,300 $102,900 $123,400
2021 $4,989 $204,000 $90,200 $113,800
2020 $4,997 $193,400 $82,200 $111,200
2019 $4,874 $183,100 $73,200 $109,900
2018 $4,772 $179,800 $75,000 $104,800
2017 $4,666 $178,500 $77,000 $101,500
2016 $4,650 $176,600 $77,000 $99,600
2015 $4,732 $181,300 $75,000 $106,300
2014 $4,622 $180,600 $75,000 $105,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21909503

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00114-0000-00003-0000-C0602