NOT LISTED FOR SALE

61 Tower Hill Dr Red Bank, NJ 07701

Estimated Value: $451,000 - $496,000

1 Bed
1.5 Baths
1,136 Sq Ft
$414/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $330,000 $290 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,170/month

Highlights

  • In Ground Pool
  • Attic
  • Breakfast Area or Nook
  • Red Bank Regional High School Rated A
  • Tennis Courts
  • Balcony

About This Home

As of July 2021

Nestled amongst the trees of Tower Hill a beautifully maintained one-bedroom condo in Tower Hill awaits. Open floor plan with cathedral ceiling and wood-burning fireplace also offers tons of natural light throughout. Kitchen features quartz countertops, subway tiled backsplash and dining area that has a sliding door to your own balcony. Large master bedroom with walk-in closet. Master bath with high ceilings, jacuzzi tub, shower and skylights. Garage included along with a large storage room on ground level. Privacy & tranquil living await! Tower Hill is your own hideaway with beautiful landscaping, a swimming pool, tennis court and bbq area. Pet friendly community. Close to downtown shopping, restaurants, area beaches, bus, ferry & train to NYC!

Last Agent to Rent the Property

Dana Cirincione

Berkshire Hathaway HomeServices Fox & Roach - Rumson Listed on: 06/11/2021

Last Renter's Agent

Dana Cirincione

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #1646487

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1987

Lot Details

  • 1,307

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Common or Shared Parking
  • On-Street Parking
  • Open Parking

Interior Spaces

  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Sliding Doors
  • Wall to Wall Carpet
  • Breakfast Area or Nook
  • Attic

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

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

Additional Features

  • 1,307 Sq Ft Lot
  • Upper Level

Listing and Financial Details

  • Security Deposit $3,375
  • Property Available on 7/1/21
  • Assessor Parcel Number 39-00052-01-00007-08

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Association fees include trash, lawn maintenance, pool, snow removal, water, sewer
  • Tower Hill Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1987

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2021-07-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • ResoPoolFeatures: In Ground
  • Reso Association Fee Includes: Trash, Lawn Maintenance, Pool, Snow Removal, Water, Sewer
  • Inclusions: Washer, Dryer
  • Subdivision Name: Tower Hill
  • Architectural Style: Townhouse, Upper Level
  • Reso Interior Features: Attic, Balcony
  • Year Built: 1987
  • 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
  • WaterSewer Public Sewer: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.03
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Interior Balcony: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Style Townhouse: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen BnookDining Area: Yes
  • Contract Info Available Date: 2021-07-01
  • Maintenance Fees Security Deposit3: 3375.0
  • Lease Requirements Security Deposit4: Yes
  • Garage Oversized: Yes
  • Common Elements Tennis Court: Yes
  • Allowable Cats2: Yes
  • Allowable Dogs2: Yes
  • Dining Room Sliding Door3: Yes
  • Common Elements Swimming Pool: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bath Tub2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bedroom Floor - WW Carpet8: Yes
  • Primary Bath Skylight8: Yes

Exterior Features

  • Acres: 0.03
  • Waterfront: No
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Open, Common, On Street, Detached, Oversized
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes
  • Parking Open: Yes
  • Parking Features:Garage Detached: Yes
  • 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: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 39-00052-01-00007-08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jun 21, 2021
Sold by
Staudt Amy C
Bought by
Cristino Vito
Seller's Agent
Dana Cirincione
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Dana Cirincione
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Sold Price
$60,000
Current Estimated Value
$490,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,105
Avg. Annual Appreciation
8.08%
Original Mortgage
$264,000
Outstanding Balance
$239,131
Interest Rate
2.93%
Estimated Equity
$231,143

Purchase Details

Listed on
Jun 11, 2021
Closed on
May 27, 2021
Sold by
Staudt Amy C
Bought by
Cristino Vito
Seller's Agent
Dana Cirincione
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Dana Cirincione
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$239,131
Interest Rate
2.93%
Estimated Equity
$231,143

Purchase Details

Listed on
Apr 1, 2013
Closed on
Jun 25, 2013
Sold by
Wood Ashley
Bought by
Staudt Amy C
Seller's Agent
Virginia Matena
Woodward Realty Group
Buyer's Agent
Scott Poyner
Heritage House Sotheby's International Realty
Sold Price
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$234,650
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2011
Sold by
Areedondo Mario Gaston
Bought by
Wood Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,406
Interest Rate
4.63%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 26, 2003
Sold by
French Stephen
Bought by
Arrendondo Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.83%

Purchase Details

Closed on
Jan 2, 2001
Sold by
Kaiman Steven
Bought by
French Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.64%

Purchase Details

Closed on
Dec 12, 1994
Sold by
Gargan Glenn
Bought by
Kaiman Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
9%
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
Cristino Vito $330,000 --
Cristino Vito $330,000 None Available
Cristino Vito $330,000 None Listed On Document
Staudt Amy C $247,000 First American Title
Wood Ashley $249,260 Fidelity Natl Title Ins Co
Arrendondo Mario $264,000 --
French Stephen $195,000 --
Kaiman Steven $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaiman Steven $264,000
Closed Kaiman Steven --
Closed Cristino Vito $264,000
Previous Owner Staudt Amy C $234,650
Previous Owner Wood Ashley $199,406
Previous Owner Arrendondo Mario $162,000
Previous Owner French Stephen $175,500
Previous Owner Kaiman Steven $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2021 07/01/21 Rented $27,000 +1100.0% --
06/14/2021 06/14/21 Under Contract -- -- --
06/11/2021 06/11/21 For Rent $2,250 0.0% --
05/27/2021 05/27/21 Sold $330,000 0.0% $290 / Sq Ft View Prior Sale
04/10/2021 04/10/21 Pending -- -- --
03/30/2021 03/30/21 Off Market $330,000 -- --
03/25/2021 03/25/21 For Sale $319,000 +29.1% $281 / Sq Ft
06/28/2013 06/28/13 Sold $247,000 -- $217 / Sq Ft View Prior Sale
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 $7,105 $467,700 $298,500 $169,200
2024 $7,105 $386,900 $224,500 $162,400
2023 $7,105 $371,800 $201,800 $170,000
2022 $6,335 $331,500 $168,800 $162,700
2021 $6,335 $283,200 $135,000 $148,200
2020 $6,821 $300,200 $165,000 $135,200
2019 $6,549 $296,200 $165,000 $131,200
2018 $6,371 $291,300 $165,000 $126,300
2017 $5,978 $283,300 $165,000 $118,300
2016 $5,906 $280,300 $165,000 $115,300
2015 $5,957 $293,000 $220,000 $73,000
2014 $5,605 $293,000 $220,000 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22118739

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00052-01-00007-08