70 Cherry Tree Farm Rd Middletown, NJ 07748
New Monmouth Neighborhood
4
Beds
2
Baths
2,136
Sq Ft
0.61
Acres
Highlights
- Senior Community
- Wood Flooring
- Breakfast Area or Nook
- Cape Cod Architecture
- No HOA
- 2 Car Attached Garage
About This Home
As of May 2022Expanded 4 bed / 2 bath cape nestled on .6 acres of property in desirable Middletown. Hardwood floors lead you left through the first floor from the light-filled living room and on to a bedroom and a full bath. Go right from the front door through the large eat-in kitchen to the great room addition. The great room features a fireplace, vaulted ceiling and many over-sized windows offering tons of natural light and loads of space for tons of fun and entertainment. Exit the sliders out to the patio and your good sized yard for lots of outdoor fun. The second story features three additional bedrooms and another full bath. Great proximity to shopping, dining, entertainment and transportation (bus, rail and ferry). A commuter's dream! Act now and make this home yours.
Last Agent to Sell the Property
Kathy Froelich
Redfin Corporation License #1537782 Listed on: 05/01/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,310
Year Built
- Built in 1948
Lot Details
- 0.61 Acre Lot
- Lot Dimensions are 125 x 211
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Cape Cod Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,136 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Sliding Doors
- Family Room
- Living Room
- Dining Room
- Breakfast Area or Nook
- Laundry Room
- Unfinished Basement
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
Utilities
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- Senior Community
- No Home Owners Association
Listing and Financial Details
- Exclusions: Oven is not in working order
- Assessor Parcel Number 32-00612-0000-00107
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2022
Closed on
May 16, 2022
Sold by
Miller and Kathy
Bought by
Nicastro Jared and Nicastro Erin
Seller's Agent
Brian Johnson
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
David Sgalambro
Melrose Realty, LLC
List Price
$595,000
Sold Price
$620,000
Premium/Discount to List
$25,000
4.2%
Total Days on Market
36
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
$151,162
Avg. Annual Appreciation
7.37%
Original Mortgage
$496,000
Outstanding Balance
$472,504
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$298,658
Purchase Details
Closed on
May 6, 2020
Sold by
Miller Huey and Miller Kathy
Bought by
Mill Huey and Mill Kathy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,346
Interest Rate
3.5%
Mortgage Type
VA
Purchase Details
Listed on
May 1, 2019
Closed on
Sep 3, 2019
Sold by
Nghiem Loi Thi and Nghiem Nguyes Thi
Bought by
Miller Huey and Miller Kathy
Seller's Agent
Kathy Froelich
Redfin Corporation
Buyer's Agent
Tara Patlen
Boutique Realty, LLC
Sold Price
$395,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Original Mortgage
$403,492
Interest Rate
3.7%
Mortgage Type
VA
Similar Homes in the area
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 | $620,000 | Arbor Title Services | |
| Quit Claim Deed | -- | Transfer National Title | |
| Deed | $395,000 | All Ahead Title Agency Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $496,000 | New Conventional | |
| Previous Owner | $411,346 | VA | |
| Previous Owner | $403,492 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2022 05/16/22 | Sold | $620,000 | +4.2% | $290 / Sq Ft |
| 05/03/2022 05/03/22 | For Sale | $595,000 | 0.0% | $279 / Sq Ft |
| 03/31/2022 03/31/22 | Pending | -- | -- | -- |
| 03/24/2022 03/24/22 | For Sale | $595,000 | +50.6% | $279 / Sq Ft |
| 07/18/2019 07/18/19 | Sold | $395,000 | -- | $185 / 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 | $10,642 | $673,600 | $373,000 | $300,600 |
| 2023 | $10,642 | $612,300 | $320,600 | $291,700 |
| 2022 | $7,726 | $463,900 | $289,800 | $174,100 |
| 2021 | $7,726 | $389,900 | $235,000 | $154,900 |
| 2020 | $8,503 | $397,700 | $246,300 | $151,400 |
| 2019 | $8,518 | $403,300 | $252,800 | $150,500 |
| 2018 | $8,310 | $383,500 | $240,000 | $143,500 |
| 2017 | $7,978 | $375,600 | $225,200 | $150,400 |
| 2016 | $8,160 | $382,900 | $225,200 | $157,700 |
| 2015 | $8,177 | $382,800 | $225,200 | $157,600 |
| 2014 | $7,493 | $342,300 | $198,200 | $144,100 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2022
Brian Johnson
Berkshire Hathaway HomeServices Signature Properties
-
Philip Bertole III
Seller Co-Listing Agent in 2022
Philip Bertole III
Sackman Realty
(732) 814-7338
2 in this area
26 Total Sales
-
David Sgalambro
D
Buyer's Agent in 2022
David Sgalambro
Melrose Realty, LLC
(908) 578-8071
49 in this area
103 Total Sales
-
Seller's Agent in 2019
Kathy Froelich
Redfin Corporation
(732) 832-9855
-
Tara Patlen
T
Buyer's Agent in 2019
Tara Patlen
Boutique Realty, LLC
(732) 933-1900
2 in this area
21 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21917061
APN: 32-00612-0000-00107
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