NOT LISTED FOR SALE

85 Tower Hill Dr Red Bank, NJ 07701

Estimated Value: $509,968 - $581,000

2 Beds
2.5 Baths
1,054 Sq Ft
$525/Sq Ft Est. Value

Last Sold August 22, 2020

Last sale price $345,000 $327 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,008/month

122 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • End Unit
  • Red Bank Reg High School Rated A
  • Attic
  • Breakfast Area or Nook

About This Home

As of August 2020

This turnkey ready townhome is waiting for you. Snuggle up by the fire or relax and entertain on either of the two outdoor patios, this home has something for everyone! Overlooking the beautiful hillside lawn just outside your window this home is conveniently located close to the swimming pool and tennis court. Hardwood floors throughout, gas heat, new windows, new patio doors, renovated bathrooms and an over-sized garage with storage room. It is time to come and enjoy the low maintenance and tranquil lifestyle of Tower Hill. Pet friendly community. Close to downtown shops, restaurants and area beaches. Conventionally located to train, bus and ferry for travel to New York City. Sellers will pay off balance of special assessment.

Last Agent to Sell the Property

Dana Cirincione

Berkshire Hathaway HomeServices Fox & Roach - Rumson Listed on: 05/14/2020

Last Buyer's Agent

David Herchakowski

RE/MAX Revolution License #0232889

RE/MAX Revolution

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,294

Year Built

  • Built in 1981

Lot Details

  • End Unit

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • Wood Burning Fireplace
  • Sliding Doors
  • Family Room
  • Dining Room
  • Wood Flooring
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Chandeliers
  • Assessor Parcel Number 39-00052-01-00006-08

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, pool, sewer, snow removal, water
  • Tower Hill Subdivision
  • On-Site Maintenance
  • 5-Story Property

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,294

Year Built

Built in 1981

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: In Ground
  • Reso Association Amenities: Tennis Court, Professional Management, Association, Swimming, Pool, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Sewer, Snow Removal, Water
  • Inclusions: Outdoor Lighting, Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: Tower Hill
  • Architectural Style: End Unit, Townhouse
  • Reso Flooring: Wood
  • Reso Interior Features: Attic, Sliding Door, Breakfast Bar
  • Year Built: 1981
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Garage Direct Entry: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Style Townhouse: Yes
  • Included Outdoor Lighting: Yes
  • Rooms Garage4: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen BnookDining Area: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Style End Unit: Yes
  • Dining Room Sliding Door3: Yes
  • SidingStucco: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Stories: 5
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Chandeliers
  • Exterior Features: Patio, Swimming, Lighting, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Direct Access, Oversized
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes

Lot Info

  • Parcel #: 39-00052-01-00006-08
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6294.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Aug 26, 2020
Sold by
Glynn Matthew A and Glynn Ada C
Bought by
Reagan Judy J
Seller's Agent
Dana Cirincione
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
David Herchakowski
RE/MAX Revolution
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%
Current Estimated Value
$553,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,242
Avg. Annual Appreciation
9.51%
Original Mortgage
$310,500
Outstanding Balance
$275,037
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$271,741

Purchase Details

Listed on
Aug 13, 2014
Closed on
Nov 6, 2014
Sold by
Cook Carol A
Bought by
Glynn Matthew A and Glynn Ada C
Seller's Agent
Diane Traverso
NextHome Nexus Realty Group
Buyer's Agent
Joseph Mizzi
Two River Realty
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$231,428
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2005
Sold by
Rhodes Marianne E
Bought by
Cook Carol Ann

Purchase Details

Closed on
Dec 1, 1999
Sold by
Bateman Coates
Bought by
Rhodes Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.86%

Purchase Details

Closed on
Nov 13, 1997
Sold by
Pereless Arthur
Bought by
Bateman Coates and Batemen Meggan

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
7.28%

Purchase Details

Closed on
Dec 29, 1995
Sold by
Nochlin David
Bought by
Pereless Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.34%
Source: Public Records

Range of Values:

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Average Value
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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
Reagan Judy J $345,000 Foundation Title Llc
Glynn Matthew A $290,000 Scott Title Services Llc
Cook Carol Ann $389,900 --
Rhodes Marianne $175,000 --
Bateman Coates $143,000 --
Pereless Arthur $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reagan Judy J $310,500
Previous Owner Glynn Matthew A $231,428
Previous Owner Cook Carol Ann $200,000
Previous Owner Rhodes Marianne $75,000
Previous Owner Bateman Coates $135,000
Previous Owner Pereless Arthur $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2020 08/22/20 Sold $345,000 -4.2% $327 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $360,000 +4.3% $342 / Sq Ft
03/30/2020 03/30/20 Off Market $345,000 -- --
02/24/2020 02/24/20 For Sale $360,000 +24.1% $342 / Sq Ft
11/06/2014 11/06/14 Sold $290,000 -- $275 / 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
2025 $7,325 $455,900 $292,800 $163,100
2024 $7,325 $375,400 $218,800 $156,600
2023 $7,325 $383,300 $220,500 $162,800
2022 $7,583 $357,100 $201,300 $155,800
2021 $7,583 $339,000 $175,000 $164,000
2020 $6,727 $296,100 $170,000 $126,100
2019 $6,463 $292,300 $170,000 $122,300
2018 $6,294 $287,800 $170,000 $117,800
2017 $6,216 $294,600 $170,000 $124,600
2016 $6,140 $291,400 $170,000 $121,400
2015 $5,605 $275,700 $250,000 $25,700
2014 $5,274 $275,700 $250,000 $25,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22007003

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00052-01-00006-08