NOT LISTED FOR SALE

71 Ortley Ct Matawan, NJ 07747

Estimated Value: $767,000 - $788,000

4 Beds
2.5 Baths
2,236 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $510,000 $228 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,134/month

52 Days on Market

Highlights

  • Above Ground Pool
  • New Kitchen
  • Deck
  • Old Bridge High School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of October 2020

Immaculate 4 Bed 2.5 bath 2236 sqft Colonial at Cedar Ridge Estates in Close proximity to Matawan Train station. The home sits on a dead end street. First floor features & upgrades include 1st floor office-unique in this development, complete kitchen renovation with cherry cabinetry, stainless steel appliance package, granite counters,Cherry wood floors in the kitchen, formal dining room & office. Updated powder room, formal living room with woodburning fireplace. Second floor features 4 bed & 2 full baths, including Master with en suite fully renovated with soaking tub, separate stand up shower and vanity with dual sinks. Finished basement, Fenced in yard with Trex deck and pool. Other upgrades include new roof, and all new HVAC system. Oversized 2 car attached garage. Move in and enjoy!

Last Agent to Sell the Property

Edgar Dillon

RE/MAX Diamond, Realtors Listed on: 08/11/2020

RE/MAX Diamond, Realtors

Last Buyer's Agent

Carole Kubis

EXP Realty License #7852239

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,624

Year Built

  • Built in 1992

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 55 x 100
  • Street terminates at a dead end
  • Fenced

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,236 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Double Door Entry
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Above Ground Pool
  • Deck
  • Outdoor Grill

Schools

  • Old Bridge High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 15-12271-0000-00059

Community Details

Overview

  • Association fees include common area
  • Cedar Ridge Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,624

Year Built

Built in 1992

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street
  • ResoPoolFeatures: Above Ground
  • Reso Association Amenities: Association
  • Reso Association Fee Includes: Common Area
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Security System, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Cedar Ridge
  • Architectural Style: Colonial, 2 Story
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Security System, Skylight, Recessed Lighting
  • Year Built: 1992
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Common Area2: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.13
  • General Property Info Lot Dimensions: 55 x 100
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Storm Window: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • Exterior BBQ: Yes
  • Exterior Security System3: Yes
  • Foyer Double Door Entry: Yes
  • Living Room Skylight7: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Full Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 8
  • 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
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.13
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: BBQ, Deck, Fence, Security System, Storm Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool Above Ground: Yes

Lot Info

  • Lot Dimensions: 55 x 100
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 15-12271-0000-00059
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9624.0

MLS Schools

  • High School: Old Bridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 26, 2020
Sold by
Rangarajan Praveen and Subramanian Ashwini
Bought by
Layode Reuben Ayobami
Seller's Agent
Edgar Dillon
RE/MAX Diamond, Realtors
Buyer's Agent
Carole Kubis
EXP Realty
List Price
$515,000
Sold Price
$510,000
Premium/Discount to List
-$5,000
-0.97%
Current Estimated Value
$778,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,426
Avg. Annual Appreciation
8.79%
Original Mortgage
$510,000
Outstanding Balance
$454,862
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$313,258

Purchase Details

Listed on
Sep 30, 2014
Closed on
Dec 1, 2014
Sold by
Mack Rebecca R
Bought by
Rangarajan Praveen
Seller's Agent
Gregory Papalcure
Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Buyer's Agent
Theano Meyers
Weichert Realtors-Manalapan
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
Original Mortgage
$340,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2007
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Layode Reuben Ayobami $510,000 Two Rivers Title
Rangarajan Praveen $425,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layode Reuben Ayobami $510,000
Previous Owner Rangarajan Praveen $340,000
Previous Owner Mack Rebecca R $475,000
Previous Owner Mack Arturo L $139,974
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $510,000 -1.0% $228 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $515,000 +21.2% $230 / Sq Ft
11/30/2014 11/30/14 Sold $425,000 -- $177 / 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 $10,806 $188,000 $61,500 $126,500
2024 $10,381 $188,000 $61,500 $126,500
2023 $10,381 $188,000 $61,500 $126,500
2022 $10,060 $188,000 $61,500 $126,500
2021 $7,391 $188,000 $61,500 $126,500
2020 $9,774 $188,000 $61,500 $126,500
2019 $9,624 $188,000 $61,500 $126,500
2018 $9,507 $188,000 $61,500 $126,500
2017 $9,216 $188,000 $61,500 $126,500
2016 $9,028 $188,000 $61,500 $126,500
2015 $8,875 $188,000 $61,500 $126,500
2014 $8,783 $188,000 $61,500 $126,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22027743

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 15-12271-0000-00059