NOT LISTED FOR SALE

Estimated Value: $500,000 - $517,370

2 Beds
2 Baths
1,091 Sq Ft
$491/mo HOA Fee

Last Sold December 08, 2023

Last sale price $450,000 $412 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,783/month

6 Days on Market

Highlights

  • Golf Course Community
  • Outdoor Pool
  • Clubhouse
  • Fitness Center
  • Senior Community
  • End Unit

About This Home

As of December 2023

This impeccably maintained 2-bdrm, 2-bath, Villa boasts new carpeting, a recently upgraded refrigerator, a charming sunroom and the added convenience of a one-car garage. Enjoy the convenience of this ranch-style home against the serene backdrop of an active community that features a golf course, an inground pool, tennis and pickleball courts, shuffleboard, picturesque walking trails and a vibrant clubhouse. Nestled within the welcoming confines of Shadow Lake, this established community presents an unparalleled living experience. Residents enjoy a heightened sense of security and exclusivity within Shadow Lake's guarded entry. Boasting an array of recreational amenities, Shadow Lake invites a lifestyle of leisure and social engagement. Beyond the physical attributes, Shadow Lake fosters a sense of community, creating a welcoming environment for those seeking not just a home, but a distinctive way of life.

Last Agent to Sell the Property

Elizabeth O'reilly

Coldwell Banker Realty Brokerage Email: ELIZABETH.OREILLY@CBREALTY.COM License #9908647 Listed on: 10/18/2023

Coldwell Banker Realty

Last Buyer's Agent

Lisa Foster

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,082

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $491 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,091 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32-01011-0000-00421

Community Details

Overview

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

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Snow Removal

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,082

Year Built

Built in 1978

Lot Details

0

HOA Fees

$491 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Attribution Contact: ELIZABETH.OREILLY@CBREALTY.COM
  • ResoLotFeatures: Corner Lot
  • ResoPoolFeatures: Common
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Association, Exercise Room, Shuffleboard, Swimming, Pool, Golf Course, Clubhouse, Common Area, Jogging Path, Landscaping, Bocci
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Golf Course, Lawn Maintenance, Pool, Snow Removal
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: Shadow Lake Vil
  • Architectural Style: End Unit, Ranch
  • Property Attached Yn: Yes
  • Year Built: 1978
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: 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
  • General Property Info Acreage: 0.03
  • Lot Description Corner Lot: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Common Elements Clubhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Common Elements Landscaping: Yes
  • Style Ranch: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Shuffleboard: Yes
  • Common Elements Tennis Court: Yes
  • Common Elements Bocci: Yes
  • Common Elements Golf Course: Yes
  • Common Elements Jogging Path: Yes
  • Fee Includes Golf Course3: Yes
  • Style End Unit: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Waterfront: No
  • Exterior Features: Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 491.31
  • 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

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 32-01011-0000-00421

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6082.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 1, 2023
Sold by
Beneducci Teresa Vaiti
Bought by
Danish Francine E and Danish Flory N
Seller's Agent
Sandra Hage
NextHome Realty Premier Properties
Buyer's Agent
Elizabeth Buccigrossi
VRI Homes
List Price
$435,000
Sold Price
$385,000
Premium/Discount to List
-$50,000
-11.49%
Views
144
Current Estimated Value
$504,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,523
Avg. Annual Appreciation
14.91%
Original Mortgage
$225,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Sumberaz Ottavio
Bought by
Beneducci Teresa

Purchase Details

Closed on
Jun 21, 2002
Sold by
Moran Laura
Bought by
Sumberaz Ottavio and Sumberaz Ann
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
Danish Francine E $385,000 Simplicity Title
Beneducci Teresa $288,000 --
Sumberaz Ottavio $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rafferty Gerard $340,000
Closed Danish Francine E $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $450,000 +5.9% $412 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $425,000 +10.4% $390 / Sq Ft
08/04/2023 08/04/23 Sold $385,000 -7.2% $353 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/28/2023 06/28/23 Price Changed $415,000 -4.6% $380 / Sq Ft
06/23/2023 06/23/23 For Sale $435,000 -- $399 / Sq Ft
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 $6,064 $367,600 $210,000 $157,600
2023 $6,064 $348,900 $195,000 $153,900
2022 $5,067 $323,000 $170,000 $153,000
2021 $5,067 $266,100 $130,000 $136,100
2020 $5,557 $259,900 $125,000 $134,900
2019 $5,740 $271,800 $125,000 $146,800
2018 $6,037 $278,600 $135,000 $143,600
2017 $5,824 $274,200 $135,000 $139,200
2016 $5,110 $239,800 $120,000 $119,800
2015 $3,787 $177,300 $50,000 $127,300
2014 $3,829 $174,900 $50,000 $124,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22329069

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01011-0000-00421