NOT LISTED FOR SALE

Estimated Value: $273,000 - $287,000

2 Beds
1.5 Baths
1,130 Sq Ft
$246/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $140,000 $124 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,848/month

Highlights

  • Outdoor Pool
  • New Kitchen
  • Sun or Florida Room
  • Senior Community
  • Clubhouse
  • Tennis Courts

About This Home

As of April 2024

Welcome to this beautiful renovated 2 bedroom 1.5 bath upper level unit in the 55+ and older adult community located in Covered Bridge, This rental features a stunning kitchen w/white cabinets, stainless steel appliance package, granite countertops, ceramic floors & white tiled backsplash. Both bathrooms feature white cabinets, granite countertops & ceramic tile flooring. Recessed lighting, ceiling fans ,new Laminate floors in living room & dining room , new carpet in both bedrooms and an enclosed sun-room. Located near route 9, buses, shopping and great restaurants. All you have to do is unpack , move in and enjoy all the amenities Covered Bridge has to offer!

Last Agent to Rent the Property

Deborah Gerstel

C21/ Mack Morris Iris Lurie License #0895021 Listed on: 02/20/2024

C21/ Mack Morris Iris Lurie

Last Renter's Agent

Deborah Gerstel

Keller Williams Realty West Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1974

Lot Details

  • 436

Home Design

  • Slab Foundation

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • New Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • Visitor Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Exterior Lighting
  • Storage Shed

Utilities

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

Additional Features

  • 436 Sq Ft Lot
  • Upper Level

Listing and Financial Details

  • Security Deposit $2,925
  • Exclusions: NO EXCLUSIONS
  • Assessor Parcel Number 28-00423-0000-00063-07

Community Details

Overview

  • Senior Community
  • Property has a Home Owners Association
  • Covered Bridge Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Adult Community
  • ResoPoolFeatures: Common
  • Reso Association Amenities: Clubhouse, Common Area
  • Inclusions: Storage Shed, Washer, Ceiling Fan(s), Microwave, Outdoor Lighting, Refrigerator, Dishwasher, Dryer, Electric Cooking
  • Subdivision Name: Covered Bridge
  • Architectural Style: Upper Level
  • Reso Flooring: Ceramic Tile, Laminate
  • Reso Interior Features: Sliding Door, Recessed Lighting
  • Year Built: 1974
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Pool Common2: Yes
  • General Property Info Acreage: 0.01
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Interior Recessed Lighting: Yes
  • Included Electric Cooking: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Maintenance Fees Security Deposit3: 2925.0
  • Lease Requirements Security Deposit4: Yes
  • Common Elements Tennis Court: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 1
  • Dining Room Sliding Door3: Yes
  • Included Outdoor Lighting3: Yes
  • Common Elements Swimming Pool: Yes
  • Parking Visitor2: Yes
  • Included Storage Shed2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 9
  • 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:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bath Floor - Ceramic10: Yes
  • Primary Bedroom Floor - WW Carpet8: Yes
  • Primary Bedroom Level Second39: Yes
  • Primary Bedroom Half Bath2: Yes

Exterior Features

  • Acres: 0.01
  • Waterfront: No
  • Exclusions: NO EXCLUSIONS

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Assigned, Visitor
  • General Property Info:Garage: No
  • Parking:Assigned2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 28-00423-0000-00063-07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2021
Sold by
Gerstel Steven and Gerstel Deborah
Bought by
Porcelli Paul and Porcelli Maria
Current Estimated Value
$278,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$78,701
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$198,649

Purchase Details

Listed on
Nov 22, 2013
Closed on
Feb 12, 2014
Sold by
Nolan Michael and Nolan Theresa
Bought by
Gerstel Steven
Seller's Agent
Bob Kefalonitis
Action Realty
Buyer's Agent
Deborah Gerstel
Keller Williams Realty West Monmouth
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$70,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2007
Sold by
Cohen Estelle S
Bought by
Nolan Michael and Nolan Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1994
Sold by
Cilman Barry
Bought by
Cohen Estelle
Source: Public Records

Range of Values:

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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
Porcelli Paul $210,000 Altor Abstract Company Inc
Gerstel Steven $140,000 Fidelity Natl Title Ins Co
Nolan Michael $137,000 Fidelity Natl Title Ins Co
Cohen Estelle $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porcelli Paul $85,000
Previous Owner Gerstel Steven $70,000
Previous Owner Nolan Michael $123,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Rented $23,400 +1100.0% --
03/06/2024 03/06/24 Under Contract -- -- --
02/20/2024 02/20/24 For Rent $1,950 0.0% --
02/20/2024 02/20/24 Under Contract -- -- --
02/16/2024 02/16/24 For Rent $1,950 -91.7% --
02/01/2023 02/01/23 Rented $23,400 +1100.0% --
12/17/2022 12/17/22 For Rent $1,950 -91.6% --
01/15/2022 01/15/22 Rented $23,100 +1100.0% --
12/14/2021 12/14/21 Under Contract -- -- --
11/15/2021 11/15/21 For Rent $1,925 -93.8% --
08/17/2016 08/17/16 Rented $31,200 +4.0% --
06/01/2014 06/01/14 Rented $30,000 0.0% --
03/14/2014 03/14/14 Sold $140,000 -- $124 / 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 $4,000 $270,000 $115,000 $155,000
2023 $4,000 $240,400 $89,000 $151,400
2022 $3,230 $204,400 $79,000 $125,400
2021 $3,230 $155,600 $44,000 $111,600
2020 $3,098 $150,900 $40,000 $110,900
2019 $2,639 $128,400 $23,000 $105,400
2018 $2,553 $123,500 $23,000 $100,500
2017 $2,607 $126,200 $30,000 $96,200
2016 $2,450 $120,000 $25,000 $95,000
2015 $2,374 $115,000 $22,400 $92,600
2014 $2,095 $98,800 $22,000 $76,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22404318

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 28-00423-0000-00063-07