NOT LISTED FOR SALE

9 Lotus Way Monroe, NJ 08831

Estimated Value: $812,000 - $911,000

3 Beds
2.5 Baths
2,203 Sq Ft
$382/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $506,259 $230 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,958/month

19 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • Butlers Pantry
  • Oak Tree Elementary School Rated A
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of July 2018

New construction energy star townhomes being built at K. Hovnanian Arbors at Monroe. Bryn Mawr AF offers over 2,200 sqft of living space, featuring 3 bedrooms, 2.5 bath plus a loft, full basement and one car garage. The spacious open floor plan makes everyday living a breeze. From small scale intimate dinners to large gatherings the versatile space allows it all. The gourmet kitchen with center island and pantry, makes meal preparing easy and convenient. The luxurious owners suite on the second floor with en-suite bath and walk in closet is a private retreat. Two additional bedrooms, full bath, laundry room and a multi-purpose loft space complete the second floor. The full finished basement provides additional living space. Enjoy the lifestyle you deserve in an ideal location for commuting and excellent schools.

Last Agent to Sell the Property

June Branagan

Landarama Inc License #675864 Listed on: 12/27/2017

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 2,418 Sq Ft Lot
  • Lot Dimensions are 26 x 62

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,203 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Schools

  • Oak Tree Elementary School
  • Monroe Township High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • 200+ Amp Service

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Deck

Listing and Financial Details

  • Tax Lot 00018 164
  • Assessor Parcel Number 12-00004-00018 164

Community Details

Overview

  • Association fees include pool(s), common area maintenance, lawn maintenance, snow removal, trash
  • $855 Other One-Time Fees
  • Arbors At Monroe Subdivision, Bryn Mawr Af Floorplan

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,251

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$285 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2017
  • Remarks Public: New construction energy star townhomes being built at K. Hovnanian Arbors at Monroe. Bryn Mawr AF offers over 2,200 sqft of living space, featuring 3 bedrooms, 2.5 bath plus a loft, full basement and one car garage. The spacious open floor plan makes everyday living a breeze. From small scale intimate dinners to large gatherings the versatile space allows it all. The gourmet kitchen with center island and pantry, makes meal preparing easy and convenient. The luxurious owners suite on the second floor with en-suite bath and walk in closet is a private retreat. Two additional bedrooms, full bath, laundry room and a multi-purpose loft space complete the second floor. The full finished basement provides additional living space. Enjoy the lifestyle you deserve in an ideal location for commuting and excellent schools.
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Primary Bath(s), Butlers Pantry, Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2203
  • Living Area Sq Ft: 2203
  • Net Sq Ft: 2203.00
  • Price Per Sq Ft: 237.09
  • Above Grade Finished Sq Ft: 2203
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: Yes
  • Construction Completed: Yes
  • Exterior Features: Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Energy Star Heating System
  • Heating: Yes
  • Hot Water: Instant Hot Water
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 285.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 855.00
  • Other Fees Frequency: One Time

Schools

  • School District: MONROE TOWNSHIP
  • Elementary School: OAK TREE
  • High School: MONROE TOWNSHIP
  • School District Key: 300200397492
  • Elementary School: OAK TREE
  • High School: MONROE TOWNSHIP

Lot Info

  • Land Assessed Value: 50000.00
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Dimensions: 26 X 62
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2418.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: Yes
  • Zoning: VC-2

Green Features

  • Green Remarks: Energy Star HomeCert
  • R Factor Ceilings: R38
  • R Factor Ext Walls: R19

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10636866
  • Tax Annual Amount: 1251.00
  • Assessor Parcel Number: 12-00004-00018 164
  • Tax Lot: 00018 164
  • Tax Year: 2017
  • Close Date: 07/30/2018

MLS Schools

  • School District Name: MONROE TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2017
Closed on
Jun 1, 2018
Sold by
Gtis Hoc Arbos At Monroe Llc
Bought by
Kuntamukkala Srikanth and Santharam Aarthi
Seller's Agent
June Branagan
Landarama Inc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$522,304
Sold Price
$506,259
Premium/Discount to List
-$16,045
-3.07%
Current Estimated Value
$842,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,174
Avg. Annual Appreciation
7.46%
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

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 Buyer Sale Price Title Company
Kuntamukkala Srikanth $506,259 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuntamukkala Srikanth $100,000
Open Kuntamukkala Srikanth $446,000
Closed Kuntamukkala Srikanth $448,700
Closed Kuntamukkala Srikanth $451,400
Previous Owner Kuntamukkala Srikanth $453,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $506,259 -3.1% $230 / Sq Ft
06/01/2018 06/01/18 Price Changed $522,304 0.0% $237 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
12/27/2017 12/27/17 For Sale $522,304 -- $237 / Sq Ft
Source: Bright MLS

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 $12,998 $462,400 $250,000 $212,400
2024 $12,545 $462,400 $250,000 $212,400
2023 $12,545 $462,400 $250,000 $212,400
2022 $12,332 $462,400 $250,000 $212,400
2021 $9,202 $462,400 $250,000 $212,400
2020 $12,291 $462,400 $250,000 $212,400
2019 $12,013 $462,400 $250,000 $212,400
2018 $1,289 $50,000 $50,000 $0
2017 $1,269 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • June Branagan

    Seller's Agent in 2018

    June Branagan

    Landarama Inc

    (732) 439-3789

    1 in this area

    206 Total Sales

    June Branagan
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Map

Source: Bright MLS

MLS Number: 1004367615

Bright MLS

APN: 12-00004-0000-00018-164

New Jersey Middlesex County Monroe 08831

9 Lotus Way, Monroe, NJ

This home is located at 9 Lotus Way, Monroe, NJ 08831 since 27 December 2017 and is currently estimated at $842,433, approximately $382 per square foot. This property was built in 2017. 9 Lotus Way is a home located in Middlesex County with nearby schools including Oak Tree Elementary School, Monroe Township Middle School, and Monroe Township High School.

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