NOT LISTED FOR SALE

702 Wellington Place Unit 702 Matawan, NJ 07747

Estimated Value: $323,000 - $341,832

1 Bed
1 Bath
834 Sq Ft
$221/mo HOA Fee

Last Sold September 01, 2015

Last sale price $160,000 $192 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,388/month

71 Days on Market

Highlights

  • Outdoor Pool
  • New Kitchen
  • Jogging Path
  • Matawan Reg High School Rated A-
  • End Unit
  • Crown Molding

About This Home

As of September 2015

End Unit, Ranch, 1 Bedroom, 1 Bath in Wellington Place. Newer Kitchen, Updated Bath, Wood Burning Fireplace, Chestnut Laminate Flooring Throughout, Decorative Molding, Patio. Close to NYC Transportation, Shopping & More.... Seller's Disclosure must accompany contract.

Last Agent to Sell the Property

Natalie Perrone

Coldwell Banker Realty Brokerage Phone: 732-895-3655 License #0447168 Listed on: 04/22/2015

Coldwell Banker Realty

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,163

Year Built

  • Built in 1979

Lot Details

  • 610

HOA Fees

  • $221 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Light Fixtures
  • Wood Burning Fireplace
  • Blinds
  • Window Screens
  • Living Room
  • Storage
  • Laundry Room

Kitchen

  • New Kitchen
  • Electric Cooktop
  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Parking

  • No Garage
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Pool
  • Basketball Court
  • Patio

Schools

  • Strathmore Elementary School
  • Matawan Avenue Middle School
  • Matawan Reg High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • End Unit
  • Lower Level

Listing and Financial Details

  • Assessor Parcel Number 01-00114-0000-00003-0000-C0702

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, pool, snow removal
  • 7 Units
  • Wellington Pl Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Recreational Area
  • Jogging Path
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,163

Year Built

Built in 1979

Lot Details

0

HOA Fees

$221 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Attribution Contact: 732-895-3655
  • Reso Association Amenities: Tennis Court, Professional Management, Association, Common Access, Pool, Basketball Court, Common Area, Jogging Path, Playground
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
  • Inclusions: Blinds/Shades, Ceiling Fan(s), Dishwasher, Electric Cooking, Light Fixtures, Stove, Screens
  • Subdivision Name: Wellington Pl
  • Architectural Style: Lower Level, End Unit, Ranch
  • Reso Flooring: Laminate, Tile
  • Reso Interior Features: Dec Molding
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1979
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Lot Dimensions: x
  • General Property Info Farm: No
  • Location Middle School: Matawan Avenue
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Playground: Yes
  • Dining Room Dec Molding4: Yes
  • SidingBrick: Yes
  • Style Ranch: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Living Room Dec Molding3: Yes
  • Living Room Floor - Laminate3: Yes
  • Floors Laminate: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Common Elements Jogging Path: Yes
  • Floors Tile: Yes
  • Style End Unit: Yes
  • Exterior Rec Area: Yes
  • General Property Info # UnitsBldgs: 7.0
  • Common Elements Basketball Court: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • BasementOther: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Patio, Private Storage, Rec Area, Tennis Court(s)

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Asphalt, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Open: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 221.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: x
  • Parcel #: 01-00114-0000-00003-0000-C0702
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4163.0

Multi Family

  • Number Of Units Total: 7

MLS Schools

  • Elementary School: Strathmore
  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Aug 31, 2015
Sold by
Marcus Maureen
Bought by
Connell Mary O
Seller's Agent
Natalie Perrone
Coldwell Banker Realty
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$160,000
Current Estimated Value
$331,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,958
Avg. Annual Appreciation
7.51%
Original Mortgage
$128,000
Outstanding Balance
$100,638
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$231,320

Purchase Details

Closed on
Jan 23, 2011
Sold by
Campbell John J and Campbell Florence T
Bought by
Marcus Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,070
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Connell Mary O $160,000 Island Title
Marcus Maureen $160,000 Crystal Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connell Mary O $128,000
Previous Owner Marcus Maureen $108,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2015 09/01/15 Sold $160,000 -- $192 / 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
2025 $4,884 $313,700 $190,300 $123,400
2024 $4,949 $254,100 $134,100 $120,000
2023 $4,949 $243,300 $126,800 $116,500
2022 $4,933 $213,100 $102,900 $110,200
2021 $4,933 $191,800 $90,200 $101,600
2020 $4,690 $181,500 $82,200 $99,300
2019 $4,563 $171,400 $73,200 $98,200
2018 $4,475 $168,600 $75,000 $93,600
2017 $4,384 $167,700 $77,000 $90,700
2016 $4,371 $166,000 $77,000 $89,000
2015 $4,262 $163,300 $85,000 $78,300
2014 $4,164 $162,700 $85,000 $77,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21512037

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00114-0000-00003-0000-C0702