Seller's Agent in 2024
Scott Lawrence Inderwies
Driftwood Real Estate Group
(732) 589-2650
1 in this area
15 Total Sales
8 Cherry Tree Ln Middletown, NJ 07748
New Monmouth NeighborhoodEstimated Value: $764,000 - $851,000
4
Beds
2
Baths
2,638
Sq Ft
$309/Sq Ft
Est. Value
Highlights
- Bay View
- Custom Home
- Whirlpool Bathtub
- Middletown Village Elementary School Rated A-
- Wood Flooring
- 1 Fireplace
About This Home
As of July 2024Welcome to 8 Cherry Tree Lane, where you're surrounded by charm from the moment you arrive. This custom 4 bedroom, 2 bathroom home has been meticulously maintained and is ready for new owners. Situated on a large corner lot, this yard is perfect for BBQs just in time for summer. As you enter, you'll be welcomed by an elegant foyer featuring a large staircase and high ceilings. As you tour the home, you'll see there is no shortage of living space. Head upstairs and you'll be WOWed by the large master bedroom which features a high tray ceiling and a large walk- in closet. From the master bedroom, travel into the huge Jack and Jill bathroom, which will immediately have you dreaming of soaking in your jacuzzi tub. The three guest bedrooms are generously sized and have tons of natural light. Middletown Village is highly desired and it's no guess why. While you are nestled in privacy, you're only minutes from anything you could possibly need whether it be shopping, nightlife, nature, or work travel. A commuter's dream, you are right around the corner from the Middletown train station and a short ride from the Belford Ferry.
Last Agent to Sell the Property
Driftwood Real Estate Group License #2299254 Listed on: 06/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,388
Year Built
- Built in 1953
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 78 x 135
- Corner Lot
Parking
- 1 Car Direct Access Garage
- Oversized Parking
- Parking Storage or Cabinetry
- Parking Available
- Workshop in Garage
- Garage Door Opener
- Driveway
Home Design
- Custom Home
- Colonial Architecture
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,638 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet on the upper level
- 1 Fireplace
- Window Treatments
- Bay Window
- Sliding Doors
- Family Room
- Dining Room
- Den
- Bonus Room
- Bay Views
- Pull Down Stairs to Attic
Kitchen
- Gas Cooktop
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- 2 Full Bathrooms
- Whirlpool Bathtub
- Primary Bathroom Bathtub Only
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
- Shed
Schools
- Middletown Village Elementary School
- Thompson Middle School
- Middle North High School
Utilities
- Zoned Heating and Cooling
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Personal Belongings
- Assessor Parcel Number 32-00605-0000-00084
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2024
Closed on
Jul 26, 2024
Sold by
Johnson Robert E and Mikelberg Felice
Bought by
Carmody Greg and Carmody Erin
Seller's Agent
Scott Lawrence Inderwies
Driftwood Real Estate Group
Buyer's Agent
Jennifer Bernabeo
EXP Realty
List Price
$659,000
Sold Price
$750,000
Premium/Discount to List
$91,000
13.81%
Views
108
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,941
Avg. Annual Appreciation
7.06%
Original Mortgage
$600,000
Outstanding Balance
$593,314
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$220,627
Purchase Details
Closed on
Jun 13, 2003
Sold by
Edwards Theodore
Bought by
Johnson Robert and Mikelberg Elic
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carmody Greg | $750,000 | None Listed On Document | |
| Carmody Greg | $750,000 | None Listed On Document | |
| Johnson Robert | $289,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carmody Greg | $600,000 | |
| Closed | Carmody Greg | $600,000 | |
| Previous Owner | Johnson Robert Edward | $221,500 | |
| Previous Owner | Johnson Robert | $246,000 | |
| Previous Owner | Johnson Robert E | $254,000 | |
| Previous Owner | Johnson Robert E | $260,000 | |
| Previous Owner | Johnson Robert E | $140,000 | |
| Previous Owner | Johnson Robert E | $110,000 | |
| Previous Owner | Johnson Robert | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2024 07/12/24 | Sold | $750,000 | +13.8% | $284 / Sq Ft |
| 06/06/2024 06/06/24 | Pending | -- | -- | -- |
| 06/01/2024 06/01/24 | For Sale | $659,000 | -- | $250 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $11,642 | $754,600 | $366,300 | $388,300 |
| 2024 | $12,388 | $707,700 | $326,500 | $381,200 |
| 2023 | $12,388 | $712,800 | $312,100 | $400,700 |
| 2022 | $11,419 | $612,900 | $231,400 | $381,500 |
| 2021 | $11,419 | $549,000 | $209,600 | $339,400 |
| 2020 | $11,389 | $532,700 | $201,000 | $331,700 |
| 2019 | $11,356 | $537,700 | $201,000 | $336,700 |
| 2018 | $11,639 | $537,100 | $216,000 | $321,100 |
| 2017 | $10,346 | $487,100 | $171,800 | $315,300 |
| 2016 | $10,212 | $479,200 | $171,800 | $307,400 |
| 2015 | $10,133 | $474,400 | $171,800 | $302,600 |
| 2014 | $9,594 | $438,300 | $161,800 | $276,500 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Lawrence Inderwies
-
Jennifer Bernabeo
Buyer's Agent in 2024
Jennifer Bernabeo
EXP Realty
(732) 690-8687
6 in this area
43 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22414935
APN: 32-00605-0000-00084
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