NOT LISTED FOR SALE

78 Privet Place Unit 64 Red Bank, NJ 07701

New Monmouth Neighborhood

Estimated Value: $557,000 - $628,660

2 Beds
2 Baths
1,386 Sq Ft
$318/mo HOA Fee

Last Sold May 08, 2024

Last sale price $610,000 $440 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,277/month

7 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Attic
  • Senior Community
  • Backs to Trees or Woods
  • Bonus Room

About This Home

As of May 2024

Beautifully remodeled end unit villa located in one of the best locations in Shady Oaks. Home features 2 bedrooms, 2 full bathrooms, and open floor plan featuring a newly renovated eat in kitchen with stainless appliances, cathedral ceilings, gas fireplace, sun room that overlooks private property backing to woods, walk in closet, fenced area for extra privacy in the front. and oversized one car garage with attic space for extra storage. This home is a perfect 10, close to the Garden State Parkway, the restaurants and shopping in Red Bank, and local parks. One of the largest models in the development.

Last Agent to Sell the Property

Kristina Mager

RE/MAX First Class License #0450320 Listed on: 02/14/2024

RE/MAX First Class

Last Buyer's Agent

Irene Zitzner

NextHome Peninsula Realty Group License #1110600

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,755

Year Built

  • Built in 1982

Lot Details

  • End Unit
  • Backs to Trees or Woods

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room
  • Bonus Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Cooktop
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 32-01014-0000-00219-0000-C0064

Community Details

Overview

  • Senior Community
  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, pool, snow removal
  • Shady Oaks Subdivision, Villa Floorplan
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path
  • Snow Removal

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,755

Year Built

Built in 1982

Lot Details

0

HOA Fees

$318 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Model: Villa
  • ResoLotFeatures: Back to Woods
  • ResoPoolFeatures: Common, In Ground
  • Reso Association Amenities: Tennis Court, Association, Community Room, Pool, Clubhouse, Common Area, Jogging Path
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Shady Oaks
  • Architectural Style: End Unit, Detached, Ranch
  • Reso Interior Features: Attic, Bonus Room
  • Year Built: 1982
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.04
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Included BlindsShades: Yes
  • Common Elements Clubhouse: Yes
  • Living Room Fireplace - Gas7: Yes
  • SidingBrick: Yes
  • Style Ranch: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Butler Pantry: Yes
  • Common Elements Tennis Court: Yes
  • Common Elements Jogging Path: Yes
  • Allowable One Cat: Yes
  • Allowable One Dog: Yes
  • Style End Unit: Yes
  • Interior Bonus Room: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Asphalt
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: 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

  • Senior Community: Yes
  • Association Fee: 953.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 32-01014-0000-00219-0000-C0064
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7755.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
May 10, 2024
Sold by
Lorelli Carl J and Lorelli Francine
Bought by
Lester James P and Lester Judith A
Seller's Agent
Kristina Mager
RE/MAX First Class
Buyer's Agent
Irene Zitzner
NextHome Peninsula Realty Group
List Price
$540,000
Sold Price
$610,000
Premium/Discount to List
$70,000
12.96%
Views
97
Current Estimated Value
$599,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,085
Avg. Annual Appreciation
1.85%
Original Mortgage
$442,500
Outstanding Balance
$438,222
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$185,828

Purchase Details

Listed on
Nov 11, 2016
Closed on
Feb 14, 2017
Sold by
Withers Bridget B
Bought by
Lorelli Carl and Lorelli Francine
Seller's Agent
Mary O'Malley-Joyce
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Madalyn Robbins
Berkshire Hathaway HomeServices Fox & Roach- Shrewsbury
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$110,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 1985
Bought by
Withers Bridget B
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
Lester James P $610,000 Force Home Title And Abstract
Lorelli Carl $325,000 --
Withers Bridget B $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lester James P $442,500
Previous Owner Lorelli Carl $110,000
Previous Owner Lorelli Carl --
Previous Owner Withers Bridget B $10,000
Previous Owner Withers Bridget $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $610,000 +13.0% $440 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $540,000 +66.2% $390 / Sq Ft
01/09/2017 01/09/17 Sold $325,000 -- --
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 $7,755 $509,100 $285,000 $224,100
2023 $7,755 $446,200 $235,000 $211,200
2022 $6,771 $406,200 $200,000 $206,200
2021 $6,771 $348,400 $165,000 $183,400
2020 $6,981 $326,500 $145,000 $181,500
2019 $6,706 $317,500 $145,000 $172,500
2018 $6,427 $296,600 $130,000 $166,600
2017 $5,979 $281,500 $120,000 $161,500
2016 $5,178 $243,000 $100,000 $143,000
2015 $5,530 $258,900 $120,000 $138,900
2014 $5,407 $247,000 $120,000 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22404096

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01014-0000-00219-0000-C0064