NOT LISTED FOR SALE

Estimated Value: $433,930 - $509,000

2 Beds
2 Baths
1,250 Sq Ft
$526/mo HOA Fee

Last Sold October 09, 2018

Last sale price $279,900 $224 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,379/month

10 Days on Market

Highlights

  • Boat Dock
  • Fitness Center
  • Active Adult
  • Golf Course Community
  • Outdoor Pool
  • New Kitchen

About This Home

As of October 2018

Spacious and expanded Terrace 200 model beautifully redesigned and completed renovated with high end details in 2017. Large stunning eat-in kitchen with ceiling height cabinetry, granite counters, stainless appliance package, undercounter lighting and bonus pantry cabinets. Gorgeous Pergo Outlast flooring throughout unit, recessed lighting, crown moldings, ceiling fans, raised panel doors, enlarged dining room, plantation shutters and beautifully designed bathrooms. Separate laundry room with upgraded commercial grade washer/dryer. Updated electrical panel. All windows and Patio doors have been updated. Pristine location- sit on your private Azek composite deck with south/west exposure overlooking expansive wooded area with winter views of the Shadow Lake tributaries. This home is in "white glove" move-in condition. Middletown location with Red Bank mailing address. All room sizes are approximate.

Last Agent to Sell the Property

Michael Victor

C21 Thomson & Co. License #1007377 Listed on: 08/07/2018

Co-Listed By

Victor Gatto

C21 Thomson & Co. License #1860565

Last Buyer's Agent

Monica Reddin

Heritage House Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,246

Year Built

  • Built in 1979

Lot Details

  • Landscaped
  • Backs to Trees or Woods

HOA Fees

  • $526 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Shingle Roof
  • T111 Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Deck

Location

  • Lower Level

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Personal belongings
  • Assessor Parcel Number 32-01011-0000-00582

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include trash, common area, community bus, exterior maint, golf course, lawn maintenance, mgmt fees, pool, rec facility, snow removal
  • 10 Units
  • Shadow Lake Vil Subdivision, Terrace 200 Floorplan
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Recreation Room

Recreation

  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,246

Year Built

Built in 1979

Lot Details

0

HOA Fees

$526 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Model: Terrace 200
  • ResoLotFeatures: Back to Woods
  • ResoPoolFeatures: Common
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Association, Exercise Room, Community Room, Dock, Pool, Golf Course, Clubhouse, Common Area, Jogging Path, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Community Bus, Exterior Maint, Golf Course, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Snow Removal
  • Co List Office Mls Id: 3201
  • Co List Office Phone: 732-945-7035
  • Inclusions: AC Units, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Self/Con Clean, Stove, Refrigerator, Screens
  • Subdivision Name: Shadow Lake Vil
  • Architectural Style: Lower Level
  • Reso Flooring: Ceramic Tile, Laminate, Tile
  • Reso Interior Features: Ceilings - Beamed, Dec Molding, Sliding Door, Recessed Lighting
  • New Construction: No
  • Year Built: 1979
  • Contract Info List PriceSqFt: 223.92
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Farm: No
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Landscaping: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen Ceramic Tile3: Yes
  • Included SelfCon Clean: Yes
  • Living Room Dec Molding3: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Kitchen Eat-In: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Common Elements Golf Course: Yes
  • Common Elements Jogging Path: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • Fee Includes Golf Course3: Yes
  • General Property Info # UnitsBldgs: 10.0
  • Interior Ceilings - Beamed: Yes
  • Common Elements Dock2: Yes
  • Style Lower Level: Yes
  • SidingT111: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • 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
  • Kitchen Pantry: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Personal belongings
  • Exterior Features: Deck

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 526.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

  • Parcel #: 32-01011-0000-00582

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4246.0

Multi Family

  • Number Of Units Total: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Oct 9, 2018
Sold by
Longobardi Thomas D and Longobardi Elizabeth
Bought by
Dibenedetto Mary Ann
Seller's Agent
Michael Victor
C21 Thomson & Co.
Buyer's Agent
Monica Reddin
Heritage House Sotheby's International Realty
Sold Price
$279,900
Current Estimated Value
$455,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,874
Avg. Annual Appreciation
7.54%
Original Mortgage
$100,000
Outstanding Balance
$87,392
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$384,591

Purchase Details

Listed on
Sep 29, 2016
Closed on
Nov 14, 2016
Sold by
Scott Jeanne E and Reitman Mark Reitman
Bought by
Longobardi Thomas D and Longobardi Elizabeth
Seller's Agent
Helaine Karp-Giorgio
Heritage House Sotheby's International Realty
Buyer's Agent
Michael Victor
Brokers 3 Realtors
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.51%
Interest Rate
3.57%

Purchase Details

Closed on
Jun 2, 2016
Sold by
Scott Jeanne E and Scott Peter R
Bought by
Scott Jeanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.66%

Purchase Details

Listed on
Apr 18, 2015
Closed on
Aug 5, 2015
Sold by
Ahern John and Ahern Mary
Bought by
Scott Peter R and Scott Jeanne E
Seller's Agent
Peter Neff
Coldwell Banker Realty
Buyer's Agent
Catherine Barranca
Coldwell Banker Realty
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$125,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
Sold by
Hrabosky Richard
Bought by
Ahern John and Ahern Mary

Purchase Details

Closed on
Oct 4, 2004
Sold by
Shayer Robert
Bought by
Newman Noelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.8%
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
Dibenedetto Mary Ann $279,900 Chicago Title Insurance Comp
Longobardi Thomas D -- --
Scott Jeanne E -- --
Scott Peter R $225,000 Nrt Title Agency Llc
Ahern John $270,000 --
Newman Noelle $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dibenedetto Mary Ann $100,000
Previous Owner Scott Jeanne E --
Previous Owner Scott Jeanne E --
Previous Owner Scott Peter R $125,000
Previous Owner Newman Noelle $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2018 10/09/18 Sold $279,900 +36.5% $224 / Sq Ft
11/03/2016 11/03/16 Sold $205,000 -8.9% $169 / Sq Ft View Prior Sale
08/05/2015 08/05/15 Sold $225,000 -- $186 / 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 $5,458 $375,600 $170,000 $205,600
2024 $5,541 $331,800 $130,000 $201,800
2023 $5,541 $318,800 $105,000 $213,800
2022 $5,325 $283,500 $80,000 $203,500
2021 $5,325 $256,000 $75,000 $181,000
2020 $5,279 $246,900 $70,000 $176,900
2019 $5,179 $245,200 $70,000 $175,200
2018 $4,488 $207,100 $80,000 $127,100
2017 $4,246 $199,900 $75,000 $124,900
2016 $3,625 $170,100 $35,000 $135,100
2015 $3,183 $149,000 $25,000 $124,000
2014 $3,030 $138,400 $25,000 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21831304

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01011-0000-00582