NOT LISTED FOR SALE

70 Demarest Dr Unit D1 Manalapan, NJ 07726

The Village at Meadow Creek Neighborhood

Estimated Value: $687,489 - $723,000

3 Beds
2.5 Baths
1,853 Sq Ft
$300/mo HOA Fee

Last Sold August 18, 2022

Last sale price $627,501 $339 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,084/month

15 Days on Market

Highlights

  • Clubhouse
  • Deck
  • 1 Car Attached Garage
  • Pine Brook Elementary School Rated A-
  • Wood Flooring
  • Community Playground

About This Home

As of August 2022

Beautiful 3 bedroom 2.5 bath town house in a vibrant, friendly and most desirable Meadow creek community. Full finished English basement with plenty of space for home theatre and home office. Very private open backyard. Full hardwood ground floor, soft, lucid, well thought color combination adds flow and character to hallways and rooms. Spacious kitchen and full length backsplash same as counter top.
Excellent schools, beautiful county parks, New York city park and ride, malls.
Club house, pool, gym. Association responsible for roof and exterior.

Last Listed By

Swagata Chowdhury

Realty One Group Central License #1862486 Listed on: 04/11/2022

Realty One Group Central

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,026

Year Built

  • Built in 2010

Lot Details

  • 1,263

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,853 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28 00066- 07-00147

Community Details

Overview

  • Meadow Creek Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Recreation Room

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,026

Year Built

Built in 2010

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Association, Community Room, Clubhouse, Common Area, Playground
  • Subdivision Name: Meadow Creek
  • Property Attached Yn: Yes
  • Year Built: 2010
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Common Elements Clubhouse: Yes
  • Common Elements Playground: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Kitchen Floor - Wood4: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 28 00066- 07-00147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Aug 15, 2022
Sold by
Joshi and Archana
Bought by
Berman Kevin and Berman Andrea
Seller's Agent
Swagata Chowdhury
Realty One Group Central
Buyer's Agent
Peter Haber
Keller Williams Realty Monmouth/Ocean
List Price
$575,000
Sold Price
$627,501
Premium/Discount to List
$52,501
9.13%
Total Days on Market
15
Current Estimated Value
$708,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,121
Avg. Annual Appreciation
4.76%
Original Mortgage
$215,000
Outstanding Balance
$207,459
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$504,336

Purchase Details

Closed on
Mar 29, 2010
Sold by
K Hovnanian At Manalapan Iii Llc
Bought by
Joshi Ajay and Joshi Archana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,200
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2009
Sold by
Hearthstone Multi Asset Entity A Lp
Bought by
K Hovnanian At Manalapan Iii Llc

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
Berman Kevin $627,501 Elkes Jacob S
K Hovnanian At Manalapan Iii Llc $108,000 Eastern Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berman Kevin $215,000
Previous Owner Joshi Ajay $191,000
Previous Owner Joshi Ajay S $206,000
Previous Owner Joshi Ajay $298,000
Previous Owner Joshi Ajay $308,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $627,501 +9.1% $339 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $575,000 -- $310 / 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 $10,026 $612,300 $210,000 $402,300
2023 $10,026 $602,900 $210,000 $392,900
2022 $9,084 $529,400 $161,000 $368,400
2021 $9,084 $436,300 $105,000 $331,300
2020 $8,922 $433,100 $100,000 $333,100
2019 $9,017 $437,100 $99,000 $338,100
2018 $9,132 $439,900 $114,000 $325,900
2017 $8,740 $421,200 $103,000 $318,200
2016 $8,475 $412,600 $95,000 $317,600
2015 $8,464 $407,700 $95,000 $312,700
2014 $7,645 $358,900 $80,000 $278,900
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22210381

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 28-00066-07-00147