NOT LISTED FOR SALE

63 Demarest Dr Unit 1025A1 Manalapan, NJ 07726

South Manalapan Neighborhood

Estimated Value: $792,000 - $874,000

4 Beds
2 Baths
2,191 Sq Ft
$371/Sq Ft Est. Value

About This Home

This home is located at 63 Demarest Dr Unit 1025A1, Manalapan, NJ 07726 and is currently estimated at $812,917, approximately $371 per square foot. 63 Demarest Dr Unit 1025A1 is a home located in Monmouth County with nearby schools including Taylor Mills Elementary School, Manalapan-Englishtown Middle School, and Pine Brook Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Patrizio Gerardo and Patrizio Maria
Bought by
Mayo Corbin Michael and Mayo Allison Lynn
Current Estimated Value
$812,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Outstanding Balance
$577,814
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$231,131

Purchase Details

Closed on
Mar 18, 2019
Sold by
Gable Glen and Gable Laurie
Bought by
Patrizio Gerardo and Patrizio Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,250
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Mayo Corbin Michael $775,000 Seber Title
Patrizio Gerardo $505,000 Surety Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayo Corbin Michael $581,250
Previous Owner Patrizio Gerardo $430,000
Previous Owner Patrizio Gerardo $429,250
Previous Owner Gable Glen $162,000
Previous Owner Gable Glen $165,000
Source: Public Records

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 $10,459 $639,900 $170,000 $469,900
2023 $10,459 $628,900 $170,000 $458,900
2022 $10,462 $594,900 $153,000 $441,900
2021 $10,462 $502,500 $105,000 $397,500
2020 $10,292 $499,600 $100,000 $399,600
2019 $10,459 $507,000 $104,500 $402,500
2018 $10,158 $489,300 $104,500 $384,800
2017 $9,447 $455,300 $83,500 $371,800
2016 $9,216 $448,700 $80,000 $368,700
2015 $9,197 $443,000 $80,000 $363,000
2014 $8,739 $410,300 $80,000 $330,300
Source: Public Records

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