7 Cherry Tree Ln Middletown, NJ 07748
New Monmouth Neighborhood
3
Beds
1
Bath
1,558
Sq Ft
0.27
Acres
Highlights
- Bay View
- Engineered Wood Flooring
- Corner Lot
- Middletown Village Elementary School Rated A-
- Bonus Room
- No HOA
About This Home
As of July 2022Well cared for ranch in the heart of Middletown. 3 bedrooms, 1 bath with fireplace. Covered side porch. Large fenced-in back yard with paver patio. Up graded kitchen and bath. Close to Middletown Train~Ferry & Buses. 10 minutes to Downtown Red Bank Restaurants & Theater
Last Agent to Sell the Property
Wellington Realty Int'l License #1224464 Listed on: 10/08/2019
Last Buyer's Agent
Christine Stephan
Coldwell Banker Res. Brokerage
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,168
Year Built
- Built in 1953
Lot Details
- Lot Dimensions are 85 x 140
- Fenced
- Corner Lot
Parking
- 1 Car Direct Access Garage
- Workshop in Garage
- Double-Wide Driveway
Home Design
- Shingle Roof
- Asphalt Rolled Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Built-In Features
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Light Fixtures
- Wood Burning Fireplace
- Blinds
- Bay Window
- Sliding Doors
- Sunken Living Room
- Bonus Room
- Bay Views
- Storm Doors
Kitchen
- Gas Cooktop
- Stove
- Microwave
- Dishwasher
Flooring
- Engineered Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Attic
- Attic Fan
- Pull Down Stairs to Attic
Outdoor Features
- Patio
- Shed
- Porch
Schools
- Middletown Village Elementary School
- Thompson Middle School
- Middle North High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 32-00604-0000-00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2022
Closed on
Jul 21, 2022
Sold by
Amanda Roberts
Bought by
Losee Christopher Cullen and Losee Courtney Rose
Seller's Agent
Christine Stephan
Coldwell Banker Realty
Buyer's Agent
Billie Jo Caruso
RE/MAX Gateway
List Price
$535,000
Sold Price
$575,000
Premium/Discount to List
$40,000
7.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,913
Avg. Annual Appreciation
5.72%
Original Mortgage
$546,250
Outstanding Balance
$526,785
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$153,683
Purchase Details
Listed on
May 26, 2022
Closed on
Jul 19, 2022
Sold by
Wesley Roberts
Bought by
Roberts Amanda
Seller's Agent
Christine Stephan
Coldwell Banker Realty
Buyer's Agent
Billie Jo Caruso
RE/MAX Gateway
List Price
$535,000
Sold Price
$575,000
Premium/Discount to List
$40,000
7.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,250
Outstanding Balance
$526,785
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$153,683
Purchase Details
Listed on
Oct 8, 2019
Closed on
Jan 9, 2020
Sold by
Kirschbaum Andrew and Kirschbaum Lori
Bought by
Roberts Wesley and Roberts Amanda
Seller's Agent
Renee McDermott
Wellington Realty Int'l
Buyer's Agent
Christine Stephan
Coldwell Banker Res. Brokerage
Sold Price
$410,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%
Original Mortgage
$402,573
Interest Rate
3.6%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 1, 2009
Sold by
Brower John and Brower Randi
Bought by
Kirschbaum Andrew and Mcdermott Lori
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
5.21%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 23, 1997
Sold by
Brower John
Bought by
Brower John and Brower Randi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
7.08%
Mortgage Type
FHA
Similar Homes in the area
-
$442,500
- 2 Beds
- 2 Baths
- 29 W Park Ave
- Belford, NJ
Located on a quiet, dead end street in the Belford section of Middletown, this adorable & cozy 2 bedroom, 2 bath ranch home exudes curb appeal & charm! Step into the screened-in front porch on your way to the living room which feat. HWF & gas fireplace, kitchen w/granite counter tops, soft close cabinets, & custom sink, linen & hall closets, guest bedroom & guest bathroom w/radiant, heated marble
LAUREN A. PARRELLA REALTY EXECUTIVES FIRST CLASS
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $575,000 | Old Republic Title | |
| Quit Claim Deed | -- | Old Republic Title | |
| Deed | $410,000 | Nrt Title Agency Llc | |
| Bargain Sale Deed | $305,000 | Stewart Title Guaranty Co | |
| Deed | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $546,250 | New Conventional | |
| Previous Owner | $402,573 | FHA | |
| Previous Owner | $294,566 | FHA | |
| Previous Owner | $44,000 | Unknown | |
| Previous Owner | $82,000 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2022 07/22/22 | Sold | $575,000 | +7.5% | $369 / Sq Ft |
| 06/07/2022 06/07/22 | Pending | -- | -- | -- |
| 05/26/2022 05/26/22 | For Sale | $535,000 | +30.5% | $343 / Sq Ft |
| 01/10/2020 01/10/20 | Sold | $410,000 | -- | $263 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $9,338 | $562,400 | $336,400 | $226,000 |
| 2023 | $9,338 | $537,300 | $321,400 | $215,900 |
| 2022 | $8,093 | $432,600 | $238,100 | $194,500 |
| 2021 | $8,093 | $389,100 | $216,100 | $173,000 |
| 2020 | $6,715 | $314,100 | $207,200 | $106,900 |
| 2019 | $6,790 | $321,500 | $207,200 | $114,300 |
| 2018 | $7,168 | $330,800 | $223,300 | $107,500 |
| 2017 | $6,017 | $283,300 | $179,100 | $104,200 |
| 2016 | $5,982 | $280,700 | $179,100 | $101,600 |
| 2015 | $5,996 | $280,700 | $179,100 | $101,600 |
| 2014 | $5,735 | $262,000 | $169,100 | $92,900 |
Source: Public Records
Agents Affiliated with this Home
-
Buyer's Agent in 2022
Billie Jo Caruso
RE/MAX
(732) 695-1600
2 in this area
12 Total Sales
-
R
Seller's Agent in 2020
Renee McDermott
Wellington Realty Int'l
(732) 918-2201
1 in this area
2 Total Sales
-
Buyer's Agent in 2020
Christine Stephan
Coldwell Banker Realty
(732) 768-7067
14 in this area
39 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21941221
APN: 32-00604-0000-00007
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Information is deemed reliable but not guaranteed.
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