NOT LISTED FOR SALE

89 Tower Hill Dr Red Bank, NJ 07701

Estimated Value: $577,106 - $606,000

3 Beds
2.5 Baths
1,262 Sq Ft
$471/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $370,000 $293 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,406/month

90 Days on Market

Highlights

  • Outdoor Pool
  • 1 Fireplace
  • Tennis Courts
  • Red Bank Reg High School Rated A
  • End Unit
  • Den

About This Home

As of October 2020

Rare THREE bedroom, END UNIT is ready for you to enjoy! PERFECT LOCATION for you to simplify your life in style! Minutes to fabulous beaches, easy train or NYC ferry commute, and a lovely stroll to vibrant downtown. Recent upgrades and perks include: Direct entry oversized one car garage and private driveway, all NEW windows and sliding doors, NEW hardwood flooring and carpeting throughout, RENOVATED baths, NEW air conditioner, NEW furnace converted to gas. Community POOL and TENNIS ! Exterior of the complex will be painted by association shortly. Come check out the spacious layout and flow this super condo has to offer !

Last Agent to Sell the Property

Ellen Kelly

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #0017751 Listed on: 10/01/2020

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Anna Ingrassia

Heritage House Sotheby's International Realty License #1645608

Heritage House Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,943

Lot Details

  • End Unit

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking
  • Driveway

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • ENERGY STAR Qualified Windows
  • Living Room
  • Dining Room
  • Den
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Outdoor Pool
  • Balcony

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include exterior maint, lawn maintenance, pool, water
  • Tower Hill Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,943

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common
  • Reso Association Amenities: Tennis Court, Pool
  • Reso Association Fee Includes: Exterior Maint, Lawn Maintenance, Pool, Water
  • Subdivision Name: Tower Hill
  • Architectural Style: End Unit, Townhouse
  • Reso Interior Features: Balcony
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Garage Direct Entry: Yes
  • Location Middle School: Red Bank
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Style Townhouse: Yes
  • Garage Oversized: Yes
  • Common Elements Tennis Court: Yes
  • Style End Unit: Yes
  • SidingStucco: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Energy Features Windows Energy Star Rated: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Den2: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric BB, Forced Air, 3+ Zoned Heat
  • 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

  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Parcel #: 1

Tax Info

  • Tax Annual Amount: 6943.0

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Oct 9, 2020
Sold by
Berzau Ulrike
Bought by
Elkas Jenifer Anne
Seller's Agent
Ellen Kelly
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Anna Ingrassia
Heritage House Sotheby's International Realty
List Price
$369,000
Sold Price
$370,000
Premium/Discount to List
$1,000
0.27%
Current Estimated Value
$595,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,027
Avg. Annual Appreciation
10.23%
Original Mortgage
$337,810
Outstanding Balance
$300,603
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$294,424

Purchase Details

Closed on
Dec 1, 2016
Sold by
Berzau Ulrike
Bought by
Berzau Ulrike

Purchase Details

Listed on
Mar 15, 2016
Closed on
Sep 30, 2016
Sold by
Lape Janet L
Bought by
Berzau Ulrike
Seller's Agent
JoAnn Wiener
Heritage House Sotheby's International Realty
Buyer's Agent
Ellen Kelly
Gloria Nilson & Co. Real Estate
Sold Price
$262,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Interest Rate
3.42%
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
Elkas Jenifer Anne $370,000 None Available
Berzau Ulrike -- None Available
Berzau Ulrike -- None Available
Berzau Ulrike $262,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elkas Jenifer Anne $337,810
Previous Owner Berzau Ulrike --
Previous Owner Lape Janet L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $370,000 +0.3% $293 / Sq Ft
10/01/2020 10/01/20 Price Changed $369,000 0.0% $292 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
08/18/2020 08/18/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $369,000 0.0% $292 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $369,000 +40.6% $292 / Sq Ft
08/15/2016 08/15/16 Sold $262,500 -- $208 / 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 $8,638 $543,200 $319,400 $223,800
2024 $8,638 $460,300 $245,400 $214,900
2023 $8,638 $452,000 $257,000 $195,000
2022 $8,051 $414,600 $228,000 $186,600
2021 $8,051 $359,900 $190,000 $169,900
2020 $7,234 $318,400 $170,000 $148,400
2019 $6,943 $314,000 $170,000 $144,000
2018 $6,749 $308,600 $170,000 $138,600
2017 $7,090 $336,000 $170,000 $166,000
2016 $7,410 $351,700 $190,000 $161,700
2015 $7,788 $395,400 $250,000 $145,400
2014 $7,314 $395,400 $250,000 $145,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22021989

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00052-01-00005-01