NOT LISTED FOR SALE

78 Boxwood Terrace Unit 10 Red Bank, NJ 07701

New Monmouth Neighborhood

Estimated Value: $530,518 - $594,000

2 Beds
2 Baths
1,386 Sq Ft
$298/mo HOA Fee

Last Sold February 20, 2024

Last sale price $460,000 $332 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,845/month

12 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • Eat-In Kitchen
  • Active Adult
  • Tennis Courts
  • Patio

About This Home

As of February 2024

Spacious ranch unit in desirable Shady Oaks!! This home features 2 bedrooms, 2 bathrooms, vaulted ceiling in the living room and an updated kitchen. The complex offers a pool, tennis courts and clubhouse. Vacant and easy to show. Call today!!

Last Agent to Sell the Property

Emily Valentino

O'Brien Realty, LLC License #1430859 Listed on: 12/31/2023

Last Buyer's Agent

Emily Valentino

O'Brien Realty, LLC License #1430859 Listed on: 12/31/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,136

Year Built

  • Built in 1982

Lot Details

  • 1,307

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32-01014-0000-00243-0000-C0010

Community Details

Overview

  • Active Adult
  • Association fees include common area, pool, snow removal
  • Shady Oaks Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,136

Year Built

Built in 1982

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • ResoPoolFeatures: Common
  • Reso Association Amenities: Tennis Court, Association, Pool, Clubhouse
  • Reso Association Fee Includes: Common Area, Pool, Snow Removal
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Stove, Refrigerator
  • Subdivision Name: Shady Oaks
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1982
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • 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 Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.03
  • General Property Info Farm: No
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Included BlindsShades: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Style Ranch: Yes
  • Kitchen Eat-In: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Full Bath: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Waterfront: No
  • Exterior Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, None
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 893.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 32-01014-0000-00243-0000-C0010
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7136.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2023
Closed on
Feb 1, 2024
Sold by
Conway Reid
Bought by
Brahn Arleen
Seller's Agent
Emily Valentino
O'Brien Realty, LLC
Buyer's Agent
Emily Valentino
O'Brien Realty, LLC
List Price
$460,000
Sold Price
$460,000
Views
140
Current Estimated Value
$548,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,380
Avg. Annual Appreciation
11.46%
Original Mortgage
$335,000
Outstanding Balance
$329,135
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$219,245

Purchase Details

Closed on
Jan 10, 2019
Sold by
Conway Erid and Conway Emily
Bought by
Conway Reid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 27, 2017
Closed on
Mar 20, 2018
Sold by
Bennett Patricia A
Bought by
Conway Reid and Conway Emily
Seller's Agent
John Sherrod
Keller Williams Realty East Monmouth
Buyer's Agent
Emily Valentino
O'Brien Realty, LLC
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$261,250
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 1995
Sold by
Distler Paul
Bought by
Busch Vincent and Busch Agnes
Source: Public Records

Range of Values:

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Average Value
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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
Brahn Arleen $460,000 None Listed On Document
Brahn Arleen $460,000 None Listed On Document
Conway Reid -- Two Rivers Title Company Llc
Conway Reid $275,000 Two Rivers Title Co
Busch Vincent $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brahn Arleen $335,000
Closed Brahn Arleen $335,000
Previous Owner Conway Reid $256,000
Previous Owner Conway Reid $261,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2024 02/20/24 Sold $460,000 0.0% $332 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
12/31/2023 12/31/23 For Sale $460,000 +67.3% $332 / Sq Ft
03/23/2018 03/23/18 Sold $275,000 -- -- View Prior Sale
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 $7,646 $515,600 $335,000 $180,600
2024 $7,136 $464,800 $285,000 $179,800
2023 $7,136 $410,600 $235,000 $175,600
2022 $6,612 $371,900 $200,000 $171,900
2021 $6,612 $317,900 $165,000 $152,900
2020 $6,339 $296,500 $145,000 $151,500
2019 $5,950 $281,700 $145,000 $136,700
2018 $5,680 $262,100 $130,000 $132,100
2017 $5,270 $248,100 $120,000 $128,100
2016 $4,580 $214,900 $100,000 $114,900
2015 $4,740 $233,600 $120,000 $113,600
2014 $4,649 $223,800 $120,000 $103,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22334596

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01014-0000-00243-0000-C0010