NOT LISTED FOR SALE

86 Madison Ct Tinton Falls, NJ 07712

Estimated Value: $475,000 - $502,000

2 Beds
2.5 Baths
1,652 Sq Ft
$296/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $262,000 $159 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,262/month

39 Days on Market

Highlights

  • Loft
  • Skylights
  • Walk-In Closet
  • Tennis Courts
  • Eat-In Kitchen
  • Patio

About This Home

As of August 2017

Just unpack and move into this light and bright 2 bedroom Bradford Model in Park Place 2. Kitchen features breakfast counter with granite tops. Open floor plan with laminate flooring and gas fireplace, outdoor patio, and generous size bedrooms with vaulted ceilings. 3rd floor loft is perfect for a rec room, or office and features walk in closets and skylights for natural light. Master Suite with 2 walk in closets and full bath with soaking tub, shower and double vanities. Community complex has playground and tennis court. Convenient location close to GSP, Route 18, shopping and beaches.

Last Agent to Sell the Property

Leanne Lucarelli

Heritage House Sotheby's International Realty License #0679679 Listed on: 06/12/2017

Heritage House Sotheby's International Realty

Last Buyer's Agent

Patrick Parker

Patrick Parker Realty License #0336463

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,039

Year Built

  • Built in 1997

Lot Details

  • 697

HOA Fees

  • $204 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Skylights
  • Light Fixtures
  • Gas Fireplace
  • Living Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Mahala F. Atchison Elementary School
  • Tinton Falls Middle School
  • Monmouth Reg High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 49-00124-51-00068

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include - see remarks, trash, exterior maint, lawn maintenance, mgmt fees
  • Park Place II Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,039

Year Built

Built in 1997

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Tennis Court, Playground
  • Reso Association Fee Includes: Other - See Remarks, Trash, Exterior Maint, Lawn Maintenance, Mgmt Fees
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Park Place II
  • Architectural Style: Townhouse
  • Reso Flooring: Laminate, W/W Carpet
  • Reso Interior Features: Skylight
  • Property Attached Yn: Yes
  • Year Built: 1997
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Fee Includes Exterior Maint: Yes
  • Location Middle School: Tinton Falls
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Included Light Fixtures: Yes
  • Style Townhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Fireplace - Gas7: Yes
  • Common Elements Playground: Yes
  • Floors Laminate: Yes
  • Kitchen Eat-In: Yes
  • Common Elements Tennis Court: Yes
  • Rooms Loft2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 3
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned
  • General Property Info:Garage: No
  • Parking:Assigned: 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

  • Senior Community: No
  • Association Fee: 204.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Tinton Falls

Lot Info

  • Parcel #: 49-00124-51-00068

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5039.0

MLS Schools

  • Elementary School: Mahala F. Atchison
  • High School: Monmouth Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Aug 18, 2017
Sold by
Borkute Vipul and Sondhi Sadhvi
Bought by
Kelly Kimberly
Seller's Agent
Leanne Lucarelli
Heritage House Sotheby's International Realty
Buyer's Agent
Patrick Parker
Patrick Parker Realty
Sold Price
$262,000
Current Estimated Value
$488,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,444
Avg. Annual Appreciation
7.79%
Original Mortgage
$209,600
Outstanding Balance
$174,706
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$313,738

Purchase Details

Listed on
Apr 17, 2012
Closed on
Jun 19, 2012
Sold by
Gagliardo Anthony and Gagliardo Gina
Bought by
Borkute Vipul and Sondhi Sadhui
Seller's Agent
Cynthia Curry
Ward Wight Sotheby's International Realty
Buyer's Agent
Ronald Buonocore
Action Realty Services, LLC
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$216,015
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2005
Sold by
Kehback Ellena
Bought by
Gagliardo Anthony and Elli Gina Iannuzz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,200
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 1997
Sold by
Hovbilt Inc
Bought by
Kehlbeck Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.15%
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
Kelly Kimberly $262,000 Acres Land Title
Borkute Vipul $220,000 None Available
Gagliardo Anthony $291,500 --
Kehlbeck Ellen $130,772 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Kimberly $209,600
Previous Owner Borkute Vipul $216,015
Previous Owner Gagliardo Anthony $233,200
Previous Owner Kehlbeck Ellen $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2017 08/22/17 Sold $262,000 +19.1% $159 / Sq Ft
06/21/2012 06/21/12 Sold $220,000 -- $133 / Sq Ft View Prior Sale
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 $5,956 $433,800 $222,200 $211,600
2024 $6,348 $413,900 $207,200 $206,700
2023 $6,348 $416,000 $190,000 $226,000
2022 $5,331 $325,200 $110,000 $215,200
2021 $5,317 $276,800 $105,000 $171,800
2020 $5,444 $272,900 $105,000 $167,900
2019 $5,317 $266,900 $100,000 $166,900
2018 $5,101 $255,300 $100,000 $155,300
2017 $5,069 $247,400 $95,000 $152,400
2016 $5,039 $240,400 $90,000 $150,400
2015 $4,860 $234,800 $90,000 $144,800
2014 $4,938 $228,200 $70,000 $158,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21723041

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 49-00124-51-00068