NOT LISTED FOR SALE

8 Lexington Ct Red Bank, NJ 07701

New Monmouth Neighborhood

Estimated Value: $288,000 - $320,000

2 Beds
1 Bath
909 Sq Ft
$428/mo HOA Fee

Last Sold April 03, 2020

Last sale price $160,000 $176 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,361/month

7 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • In Ground Pool
  • Boat Dock
  • Fitness Center
  • Lake On Lot

About This Home

As of April 2020

Excellent Value In Shadow Lake Village!! Bright and spacious Shrewsbury Model with an open floor plan. Living room and dining room open onto a comfortable sun room with two sets of sliding glass door. Two spacious bedrooms, some built-in shelves, walk in closets and full bathroom with separate vanity and dressing area. Lots of closet space and pull down stairs attic stairs for easy storage access. Gated community with club house, golf, tennis, dock, nature trails, pool, gym and convenient assigned parking space. Just minutes from ocean beaches and NYC ferry.

Last Agent to Sell the Property

Linda Nasta

Berkshire Hathaway HomeServices Fox & Roach - Rumson Listed on: 02/06/2020

Last Buyer's Agent

Maria Pagano

Prudential New Jersey Properties, RB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,023

Year Built

  • Built in 1979

Lot Details

  • Lake Front
  • On Golf Course
  • Landscaped

HOA Fees

  • $428 Monthly HOA Fees

Home Design

  • Shingle Roof
  • T111 Siding

Interior Spaces

  • 909 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wall to Wall Carpet
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 1 Parking Space
  • Visitor Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Lake On Lot
  • Balcony
  • Enclosed Patio or Porch

Location

  • Upper Level

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32-01010-0000-00234

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, golf course, lawn maintenance, pool, snow removal
  • Shadow Lake Vil Subdivision, Navesink Floorplan
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Recreation Room

Recreation

  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,023

Year Built

Built in 1979

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Model: Navesink
  • ResoLotFeatures: Golf Course, Lake
  • ResoPoolFeatures: Common, In Ground
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Association, Exercise Room, Community Room, Dock, Pool, Golf Course, Clubhouse, Common Area, Jogging Path, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Golf Course, Lawn Maintenance, Pool, Snow Removal
  • Inclusions: AC Units, Ceiling Fan(s), Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: Shadow Lake Vil
  • Architectural Style: Upper Level
  • Reso Flooring: W/W Carpet
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Built-Ins, Sliding Door, Breakfast Bar
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1979
  • Contract Info List PriceSqFt: 184.82
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Common Elements Clubhouse: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Common Elements Landscaping: Yes
  • Kitchen Breakfast Cntr: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Common Elements Golf Course: Yes
  • Common Elements Jogging Path: Yes
  • Cooling Multi Units: Yes
  • Fee Includes Golf Course3: Yes
  • Dining Room Sliding Door3: Yes
  • Parking Visitor: Yes
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Common Elements Dock2: Yes
  • SidingT111: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Lake
  • Waterfront: No
  • Exterior Features: Balcony, Porch - Enclosed
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Visitor
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 428.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

  • Parcel #: 32-01010-0000-00234
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3023.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Apr 3, 2020
Sold by
Esposito Louis M and Estate Of Norma Esposito
Bought by
Minson Lorraine
Seller's Agent
Linda Nasta
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Maria Pagano
Prudential New Jersey Properties, RB
Sold Price
$160,000
Current Estimated Value
$308,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,596
Avg. Annual Appreciation
11.92%
Original Mortgage
$128,000
Outstanding Balance
$113,177
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$191,247

Purchase Details

Closed on
Sep 26, 2005
Sold by
Donovan Jane
Bought by
Esposito Norma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Minson Lorraine $160,000 Foundation Title Llc
Esposito Norma $175,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minson Lorraine $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $160,000 -- $176 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
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 $3,721 $275,700 $140,000 $135,700
2024 $3,511 $226,200 $93,000 $133,200
2023 $3,511 $202,000 $70,000 $132,000
2022 $3,328 $177,500 $50,000 $127,500
2021 $3,328 $160,000 $45,000 $115,000
2020 $3,045 $142,400 $30,000 $112,400
2019 $3,060 $144,900 $30,000 $114,900
2018 $3,023 $139,500 $30,000 $109,500
2017 $2,978 $140,200 $32,500 $107,700
2016 $2,664 $125,000 $30,000 $95,000
2015 $2,529 $118,400 $15,000 $103,400
2014 $2,397 $109,500 $15,000 $94,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Linda Nasta

    BHHS Fox & Roach

  • M

    Buyer's Agent in 2020

    Maria Pagano

    Prudential New Jersey Properties, RB

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22004954

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01010-0000-00234

New Jersey Monmouth County Red Bank 07701 New Monmouth

8 Lexington Ct, Red Bank, NJ

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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