NOT LISTED FOR SALE

61 Elm Place Red Bank, NJ 07701

Estimated Value: $771,033 - $907,000

3 Beds
2 Baths
2,257 Sq Ft
$364/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $400,000 $177 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,254/month

73 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Red Bank Reg High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of May 2016

LOCATION, LOCATION, LOCATION! OWNERS HAVE ENJOYED 41 YEARS OF LIVING IN THIS MOVE IN READY 3 BEDROOM, 2 FULL BATH COLONIAL ON ELM PLACE. NOTHING TO DO BUT UNPACK! BIG TICKET ITEMS HAVE BEEN UPDATED WITHIN THE LAST 10 YEARS INCLUDING ROOF, AIR CONDITIONER, FURNACE AND ELECTRICAL UPGRADE. NEWER KITCHEN WITH CORIAN COUNTER TOPS AND UPDATED BATHS. DEN WITH GAS FIREPLACE AND FRENCH DOORS OPEN TO DECK WITH FULLY FENCED IN YARD. HOME IS LOCATED IN THE COMMUNITY OF RED BANK OFFERING DINING, NIGHT LIFE, THEATER, EASY ACCESS TO TRAIN, MAJOR ROADWAYS, HOSPITAL AND WATERWAYS

Last Agent to Sell the Property

Mindy Borruso

Coldwell Banker Realty Listed on: 02/01/2016

Last Buyer's Agent

Jenifer Karlinski

Weichert Realtors-Holmdel

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,533

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 25 x 125
  • Fenced

Home Design

  • Colonial Architecture
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 2,257 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Skylights
  • Light Fixtures
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Den
  • Attic
  • Unfinished Basement

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Storage Shed

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 39-00049-0000-00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,533

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area
  • Inclusions: Outdoor Lighting, Washer, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Wood
  • Reso Interior Features: Attic, Dec Molding, Den, Skylight
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 125
  • General Property Info Farm: No
  • Location Middle School: Red Bank
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior Den: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Outdoor Lighting: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Living Room Dec Molding3: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Rooms Attic2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Den2: Yes
  • Features Interior:Skylight: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No
  • Exterior Features: Deck, Fence, Shed, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Driveway, On Street, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking:Paved: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 25 x 125
  • Parcel #: 39-00049-0000-00026
  • Zoning Description: Residential, Single Family, Neighborhood

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 8533.0

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Jun 3, 2016
Sold by
John J Coscia
Bought by
Hall Ginger and Mcgurl Tom
Seller's Agent
Mindy Borruso
Coldwell Banker Realty
Buyer's Agent
Jenifer Karlinski
Weichert Realtors-Holmdel
Sold Price
$400,000
Total Days on Market
73
Current Estimated Value
$821,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,258
Avg. Annual Appreciation
8.28%
Original Mortgage
$320,000
Outstanding Balance
$258,831
Interest Rate
3.66%
Estimated Equity
$562,427
Source: Public Records

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Range of Values:

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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
Hall Ginger -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Ginger $320,000
Closed Hall Ginger --
Closed Hall Ginger L $320,000
Previous Owner Coscia John J $150,000
Previous Owner Coscia John J $125,000
Previous Owner Coscia John J $100,000
Previous Owner Coscia John J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $400,000 -- $177 / 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
2024 $10,753 $600,200 $303,500 $296,700
2023 $10,753 $562,700 $274,300 $288,400
2022 $10,263 $535,400 $259,400 $276,000
2021 $10,263 $458,800 $207,500 $251,300
2020 $9,926 $436,900 $207,500 $229,400
2019 $9,277 $419,600 $207,500 $212,100
2018 $8,995 $411,300 $207,500 $203,800
2017 $8,651 $410,000 $207,500 $202,500
2016 $8,929 $423,800 $207,500 $216,300
2015 $8,533 $419,700 $247,500 $172,200
2014 $8,029 $419,700 $247,500 $172,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21603513

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00049-0000-00026