NOT LISTED FOR SALE

642 Locust Point Rd Rumson, NJ 07760

Locust Neighborhood

Estimated Value: $510,000 - $617,000

2 Beds
1 Bath
684 Sq Ft
$839/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $505,000 $738 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,777/month

10 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Navesink Elementary School Rated A
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of May 2023

This cozy 2 bedroom bungalow features a front porch, low-pitched roof, and a compact layout. Located in the sought-after Locust section of Middletown boasts a large level lot, providing ample outdoor space for relaxation and entertainment. The front porch is not only a lovely feature of the home but also provides an ideal place to enjoy the outdoors and soak up the neighborhood's peaceful ambiance. Inside, the home includes 2 bdrms and one bath, providing a comfortable living space for a small family or a couple. Additionally, there is an unfinished basement that can be used for storage, a playroom, or potentially finished to provide add'l living space. The rear of the property features a det 2 car gar currently used as an artist studio.

Last Listed By

Graeme Atkinson

Berkshire Hathaway HomeServices Fox & Roach - Red Bank License #9235745 Listed on: 04/16/2023

Berkshire Hathaway HomeServices Fox & Roach - Red Bank

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,587

Year Built

  • Built in 1919

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 55 x 220
  • Fenced

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 684 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32-00840-0000-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,587

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area
  • Inclusions: Washer, Dryer, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch
  • Reso Flooring: Linoleum, Wood
  • Year Built: 1919
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • General Property Info Acreage: 0.28
  • General Property Info Lot Dimensions: 55 x 220
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Porch - Open: Yes
  • Style Ranch: Yes
  • Cooling None12: Yes
  • Kitchen Eat-In: Yes
  • Siding Cedar: Yes
  • Floors Linoleum: Yes
  • Garage Workshop Workbench2: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Full Basement: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.28
  • Topography: Level
  • Waterfront: No
  • Construction Type: Cedar
  • Exterior Features: Porch - Open, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Off Street, Workshop in Garage
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 55 x 220
  • Lot Size Sq Ft: 12196.8
  • Parcel #: 32-00840-0000-00017
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5587.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2023
Closed on
May 4, 2023
Sold by
Faris Amy
Bought by
Obrien Matthew and Wierzbicki Samantha
Seller's Agent
Graeme Atkinson
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
Buyer's Agent
Jessica Goodbody
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
List Price
$399,900
Sold Price
$505,000
Premium/Discount to List
$105,100
26.28%
Total Days on Market
10
Views
232
Current Estimated Value
$573,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,627
Avg. Annual Appreciation
6.79%
Original Mortgage
$436,500
Outstanding Balance
$426,665
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$146,962

Purchase Details

Listed on
Sep 9, 2013
Closed on
Feb 26, 2014
Sold by
Kelleher John and Kelleher Ellen L
Bought by
Faris Amy
Seller's Agent
Patricia Gross
Gloria Nilson & Co. Real Estate
Buyer's Agent
Lauren Mayer
Heritage House Sotheby's International Realty
Sold Price
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$255,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2006
Sold by
Kreger Mary Ann S
Bought by
Kelleher John and Kelleher Ellen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.7%

Range of Values:

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Average Value
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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
Obrien Matthew $505,000 None Listed On Document
Faris Amy $319,000 Agent For Chicago Title Ins
Kelleher John $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Matthew J $40,000
Open Obrien Matthew $436,500
Previous Owner Faris Amy $50,000
Previous Owner Faris Amy $250,000
Previous Owner Faris Amy $255,000
Previous Owner Kelleher John $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $505,000 +26.3% $738 / Sq Ft
04/16/2023 04/16/23 For Sale $399,900 +25.4% $585 / Sq Ft
02/26/2014 02/26/14 Sold $319,000 -- $466 / 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 $7,168 $427,200 $359,000 $68,200
2023 $7,168 $412,400 $297,300 $115,100
2022 $5,916 $296,700 $185,800 $110,900
2021 $5,916 $284,400 $185,800 $98,600
2020 $5,845 $273,400 $177,000 $96,400
2019 $5,762 $272,800 $177,000 $95,800
2018 $5,400 $249,200 $157,800 $91,400
2017 $5,558 $253,900 $157,800 $96,100
2016 $5,357 $251,400 $157,800 $93,600
2015 $5,515 $249,900 $157,800 $92,100
2014 $4,967 $219,500 $157,800 $61,700
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22309214

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00840-0000-00017