8 Elm Place Red Bank, NJ 07701
Estimated Value: $696,664 - $807,000
3
Beds
1
Bath
1,426
Sq Ft
$517/Sq Ft
Est. Value
Highlights
- Solar Power System
- Colonial Architecture
- No HOA
- Red Bank Reg High School Rated A
- Wood Flooring
- Den
About This Home
As of December 2020Hard to believe this warm 3/4 bedroom single family home is available in most desirable Red Bank!!! Custom solid wood cabinets and corian counters in spacious eat-in kitchen, with skylight bringing sunshine from morning thru afternoon. Den/fourth bedrm on main floor; Long backyard and front foyer to sit and look out at everything happening outside; Solar panels are not leased, owned by seller. Full updated, strong attic wpull down stairs. Located on a lovely quiet block, yet close to shopping, transportation, excellent restaurants, parks and the water, too! Yes, Red Bank can work as a very active and hopping town with something for everyone. This house is a fantastic place to hang your hat. There are not many properties available in Red Bank, so hurry to this priced to sell home.
Last Buyer's Agent
Lisa English
O'Brien Realty, LLC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,450
Year Built
- 1925
Lot Details
- 5,271
Home Design
- Colonial Architecture
- Shingle Roof
Interior Spaces
- 2-Story Property
- Skylights
- Entrance Foyer
- Living Room
- Dining Room
- Den
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- No Garage
- Driveway
- On-Street Parking
Eco-Friendly Details
- Solar Power System
- Solar owned by seller
Schools
- Red Bank Prm Elementary School
- Red Bank Middle School
- Red Bank Reg High School
Utilities
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: personal property. Also, Jennair is not working, as is.
- Assessor Parcel Number 39000570000000006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 30, 2020
Closed on
Dec 17, 2020
Sold by
Cosgrove Thomas A and Cosgrove Arlene J
Bought by
Lomauro Michael and Patterson Colleen
Seller's Agent
Janis Crane
RE/MAX Gateway
Buyer's Agent
Lisa English
O'Brien Realty, LLC
List Price
$499,999
Sold Price
$487,500
Premium/Discount to List
-$12,499
-2.5%
Total Days on Market
6
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
$249,166
Avg. Annual Appreciation
9.63%
Original Mortgage
$438,750
Interest Rate
2.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2009
Sold by
Cosgrove Thomas A and Placer Arlene J
Bought by
Cosgrove Thomas A
Similar Homes in the area
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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 |
|---|---|---|---|
| Lomauro Michael | $487,500 | All Ahead Title Agency | |
| Cosgrove Thomas A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lomauro Michael | $438,750 | |
| Previous Owner | Cosgrove Thomas A | $70,935 | |
| Previous Owner | Cosgrove Thomas A | $100,000 | |
| Previous Owner | Cosgrove Thomas A | $50,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2020 12/18/20 | Sold | $487,500 | -2.5% | $342 / Sq Ft |
| 11/05/2020 11/05/20 | Pending | -- | -- | -- |
| 10/29/2020 10/29/20 | For Sale | $499,999 | -- | $351 / 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 |
|---|---|---|---|---|
| 2024 | $10,293 | $610,500 | $324,000 | $286,500 |
| 2023 | $10,293 | $538,600 | $293,300 | $245,300 |
| 2022 | $8,145 | $512,500 | $277,700 | $234,800 |
| 2021 | $8,145 | $403,000 | $222,100 | $180,900 |
| 2020 | $8,795 | $387,100 | $222,100 | $165,000 |
| 2019 | $8,450 | $382,200 | $222,100 | $160,100 |
| 2018 | $8,230 | $376,300 | $222,100 | $154,200 |
| 2017 | $7,919 | $375,300 | $222,100 | $153,200 |
| 2016 | $7,823 | $371,300 | $222,100 | $149,200 |
| 2015 | $7,486 | $380,500 | $262,100 | $118,400 |
| 2014 | $7,029 | $380,500 | $262,100 | $118,400 |
Source: Public Records
Agents Affiliated with this Home
-
Janis Crane
Seller's Agent in 2020
Janis Crane
RE/MAX
1 in this area
33 Total Sales
-
Buyer's Agent in 2020
Lisa English
O'Brien Realty, LLC
(201) 951-7036
7 in this area
65 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22038924
APN: 39-00057-0000-00006
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