NOT LISTED FOR SALE

66 Elm Place Red Bank, NJ 07701

Estimated Value: $902,336 - $981,000

3 Beds
2 Baths
1,562 Sq Ft
$595/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $629,000 $403 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,324/month

8 Days on Market

Highlights

  • New Kitchen
  • Colonial Architecture
  • Wood Flooring
  • Red Bank Reg High School Rated A
  • Deck
  • Attic

About This Home

As of August 2020

Owner relocating...sad to leave this wonderful Colonial w/ open floor plan set on ideal street! Phenomenal opportunity in this stunning home w/many updates & expansive layout. Feat. beautiful great room w/fireplace. Gourmet kitchen w/ stainless appliances, light cabinetry, granite counters & radiant heat tile floor. Butlers Pantry w/ copper sink & wine refrigerator. 3 lovely bedrooms inc. Master --all w/ hardwood floors. Bathrooms feature remodeling w/ rich cabinets, granite, stylish tiling & radiant floor. Sliders lead to deck & park-like yard, including a walkway to a private parking pad--one of the few houses on street to offer! Plus, new stair/ hall runner, newer central air, W/D & generator. Quiet street close to everything:parks, dining, NYC transportation, galleries!

Last Agent to Sell the Property

Mario Venancio

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9134686 Listed on: 05/30/2020

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Nancy Golden

Weichert Realtors-Rumson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,729

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 34 x 150
  • Fenced

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Outdoor planters and upstairs hallway light fixture.
  • Assessor Parcel Number 39-00056-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,729

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Security System, Stove, Refrigerator, Garbage Disposal
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Interior Features: Attic, Built-Ins, Dec Molding, Sliding Door, Breakfast Bar, Recessed Lighting
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 0.12
  • General Property Info Lot Dimensions: 34 x 150
  • Location Middle School: Red Bank
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • SidingAluminum: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Siding Shingle: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Eat-In: Yes
  • Included Security System2: Yes
  • Kitchen Butler Pantry: Yes
  • Included Garbage Disposal: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.12
  • Waterfront: No
  • Exclusions: Outdoor planters and upstairs hallway light fixture.
  • Construction Type: Aluminum Siding, Shingle Siding
  • Exterior Features: Deck, Fence, Shed, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: See Remarks, Other, Off Street, On Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 34 x 150
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 39-00056-0000-00005
  • Zoning Description: Residential, Neighborhood

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11729.0

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Aug 10, 2020
Sold by
Dennis Jack B and Dennis Claudia Grace
Bought by
Vercelli Lars and Vercelli Laura
Seller's Agent
Mario Venancio
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Nancy Golden
Weichert Realtors-Rumson
List Price
$629,000
Sold Price
$629,000
Total Days on Market
8
Current Estimated Value
$959,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,436
Avg. Annual Appreciation
8.79%
Original Mortgage
$479,000
Outstanding Balance
$429,657
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$529,779

Purchase Details

Listed on
Jun 14, 2018
Closed on
Aug 3, 2018
Sold by
Palumbo Jeffrey and Palumbo Christina
Bought by
Dennis Jack B
Seller's Agent
Jennie Bornhoeft
Heritage House Sotheby's International Realty
Buyer's Agent
DIANE RAPPOPORT
Monmouth/Ocean Realty Group LLC
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$453,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2007
Sold by
Freeman Joseph M and Capraro Suzanne M
Bought by
Palumbo Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,100
Interest Rate
6.26%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 7, 2002
Sold by
Roberts Norman
Bought by
Freeman Joseph and Capraro Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
6.55%
Source: Public Records

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
Vercelli Lars $629,000 Two Rivers Title Company Llc
Dennis Jack B $535,000 None Available
Palumbo Jeffrey $411,000 Transnation Title Ins Co
Freeman Joseph $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vercelli Lars $479,000
Previous Owner Dennis Jack B $453,000
Previous Owner Palumbo Jeffrey $328,000
Previous Owner Palumbo Jeffrey $311,000
Previous Owner Palumbo Jeffrey $327,800
Previous Owner Palumbo Jeffrey $328,800
Previous Owner Palumbo Jeffrey $41,100
Previous Owner Palumbo Jeffrey $328,800
Previous Owner Freeman Joseph $265,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $629,000 0.0% $403 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/30/2020 05/30/20 For Sale $629,000 +17.6% $403 / Sq Ft
08/10/2018 08/10/18 Sold $535,000 -- $343 / 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 $13,152 $731,800 $320,700 $411,100
2023 $13,152 $688,200 $290,200 $398,000
2022 $13,858 $655,600 $274,700 $380,900
2021 $13,858 $619,500 $219,800 $399,700
2020 $12,271 $540,100 $219,800 $320,300
2019 $11,729 $530,500 $219,800 $310,700
2018 $8,846 $404,500 $219,800 $184,700
2017 $8,474 $401,600 $219,800 $181,800
2016 $8,363 $396,900 $219,800 $177,100
2015 $8,053 $396,100 $259,800 $136,300
2014 $7,577 $396,100 $259,800 $136,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22017147

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00056-0000-00005