$404,250
SOLD FEB 19, 2020

8 Michael Dr Cream Ridge, NJ 08514

5 Beds
3.5 Baths
4,306 Sq Ft
1.16 Acres

Recently Sold

$94 Per Sq Ft

91 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Central Air
  • Allentown High School Rated A-
  • No HOA
  • 1-minute walk to Crosswicks Creek Park

About This Home

As of June 2024

This is a property in Grande Mill Surrounded by horse farms, preserved open space yet close to shopping and major highways. large family room with cathedral ceilings. large deck and private backyard for entertaining. Hurry at this price will not last.

Last Agent to Sell the Property

Gennaro Pagano

Keller Williams Realty West Monmouth License #0124697 Listed on: 09/27/2019

Keller Williams Realty West Monmouth

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,873

Year Built

  • Built in 2001

Parking

  • 3 Car Garage

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 51-00039-01-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,873

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 2001
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • ExteriorDeck: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 3.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other, See Remarks
  • HeatingYN: Yes
  • Water Source: Well
  • Water/Sewer/Septic: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 51-00039-01-00008

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 16873.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jun 25, 2024
Sold by
Joseph Selena Daniel Rogers and Joseph Selena
Bought by
Shah Sagar and Modi Jalpa
Seller's Agent
Gloria Streppone
ERA CENTRAL REALTY GROUP
List Price
$1,250,000
Sold Price
$1,175,000
Premium/Discount to List
-$75,000
-6%
Views
93
Current Estimated Value
$1,199,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,355
Avg. Annual Appreciation
0.90%
Original Mortgage
$916,500
Outstanding Balance
$908,697
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$278,076

Purchase Details

Closed on
Mar 19, 2024
Sold by
Joseph Augustin and Joseph Selena
Bought by
Joseph Selena

Purchase Details

Listed on
Jun 27, 2020
Closed on
Aug 13, 2020
Sold by
Mystic Holdings Llc
Bought by
Joseph Augustin and Rogers Selena
Seller's Agent
Jim Befarah
Berkshire Hathaway HomeServices Fox & Roach - Perrineville
Buyer's Agent
Jim Befarah
Berkshire Hathaway HomeServices Fox & Roach - Perrineville
List Price
$719,900
Sold Price
$698,000
Premium/Discount to List
-$21,900
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$636,397
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2019
Closed on
Jan 9, 2020
Sold by
The Bank Of New York Mellon
Bought by
Mystic Holdings Llc
Seller's Agent
Gennaro Pagano
Keller Williams Realty West Monmouth
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$404,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
212.02%
Original Mortgage
$444,825
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 6, 2019
Sold by
Cardinal Prroperties Llc
Bought by
Cardinal Properties 08 Llc

Purchase Details

Closed on
Mar 28, 2019
Sold by
Derogatis Linda M and Breyut Convalescent Center Llc
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 8, 2018
Sold by
Derogatis Linda M
Bought by
Cardinal Properties Llc

Purchase Details

Closed on
Sep 27, 2001
Sold by
Dr Horton Inc
Bought by
Derogatis Mark and Derogatis Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,320
Interest Rate
6.91%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $1,175,000 None Listed On Document
Deed -- None Listed On Document
Deed $699,000 Associated Title Agency Llc
Deed $699,000 Associated Title
Special Warranty Deed $404,250 Cross Bridge Title
Interfamily Deed Transfer -- None Available
Sheriffs Deed $1,000 None Available
Quit Claim Deed -- None Available
Deed $494,090 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $916,500 New Conventional
Previous Owner $636,397 New Conventional
Previous Owner $444,825 Construction
Previous Owner $620,000 New Conventional
Previous Owner $580,000 Unknown
Previous Owner $430,320 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $1,175,000 -4.1% $273 / Sq Ft
05/02/2024 05/02/24 Price Changed $1,225,000 -2.0% $284 / Sq Ft
04/25/2024 04/25/24 For Sale $1,250,000 +79.1% $290 / Sq Ft
08/14/2020 08/14/20 Sold $698,000 -3.0% $163 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $719,900 +78.1% $168 / Sq Ft
02/19/2020 02/19/20 Sold $404,250 -- $94 / Sq Ft
12/27/2019 12/27/19 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
2024 $18,361 $858,200 $168,200 $690,000
2023 $18,361 $826,700 $168,200 $658,500
2022 $17,477 $745,200 $118,200 $627,000
2021 $17,477 $720,700 $108,200 $612,500
2020 $17,139 $710,000 $108,200 $601,800
2019 $17,004 $709,400 $108,200 $601,200
2018 $16,873 $693,500 $108,200 $585,300
2017 $16,540 $688,900 $138,200 $550,700
2016 $16,270 $685,900 $143,200 $542,700
2015 $15,601 $664,700 $163,200 $501,500
2014 $14,179 $608,800 $128,200 $480,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21939720

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 51-00039-01-00008