$220,000
SOLD MAY 12, 2025

98 Arrowood Rd Unit K Manalapan, NJ 07726

2 Beds
1 Bath
1,130 Sq Ft
$336/mo HOA Fee

Recently Sold

$195 Per Sq Ft

8% Below List Price

20 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Balcony
  • Active Adult
  • Tennis Courts
  • Eat-In Kitchen

About This Home

As of May 2025

Discover the perfect blend of comfort & convenience in this spacious second-floor unit, offering over 1,100 sq. ft. of living space. Located in the sought-after Covered Bridge community located next to Pine Brook golf course. This home features 2 bedrooms, 1 full bath, and an enclosed balcony.Enjoy an active and maintenance-free lifestyle with fantastic amenities, including a community pool, clubhouse, tennis courts, and shuttle bus service for easy trips to the grocery store, mall, & more. Plus, you'll have a secure, private storage area right outside your unit.With shopping, dining, and transportation just minutes away, this is the perfect place to call home. Don't miss this opportunity—schedule your showing today.Non-Warrantable Condo, Non-QM Loan or Cash only.

Last Agent to Sell the Property

Scott Hobbs

Salt and Cedar Properties, LLC License #1752087 Listed on: 03/14/2025

Last Buyer's Agent

Teresa Miragliotta

Salt and Cedar Properties, LLC License #2443232

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,166

Year Built

  • Built in 1980

HOA Fees

  • $336 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Paved Parking
  • Visitor Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Outdoor Storage

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Landscaped
  • Upper Level

Listing and Financial Details

  • Exclusions: Personal belongings.
  • Assessor Parcel Number 28-00425-0000-00098-10

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include common area, community bus, exterior maint, lawn maintenance, pool, snow removal
  • Covered Bridge Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,166

Year Built

Built in 1980

Lot Details

0

HOA Fees

$336 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • ResoPoolFeatures: Common, In Ground
  • Reso Association Amenities: Tennis Court(s), Management, Association, Pool, Clubhouse, Common Area, Landscaping
  • Reso Association Fee Includes: Common Area, Community Bus, Exterior Maint, Lawn Maintenance, Pool, Snow Removal
  • Inclusions: AC Units, Washer, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: Covered Bridge
  • Architectural Style: Upper Level
  • Reso Interior Features: Balcony
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1980
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: 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: 0.01
  • General Property Info Farm: No
  • Water Heater Electric2: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Common Elements Landscaping: Yes
  • Kitchen Eat-In: Yes
  • Water Heater Tank: Yes
  • Common Elements Tennis Court: Yes
  • Cooling Multi Units: Yes
  • Dining Room Sliding Door3: Yes
  • Parking Visitor: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Main Level Bathrooms: 1
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront: No
  • Exclusions: Personal belongings.
  • Exterior Features: Balcony, Storage
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Assigned, Guest, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 336.47
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 28-00425-0000-00098-10
  • Zoning Description: Residential, Neighborhood, Condo

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4166.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
May 13, 2025
Sold by
Yablonsky Sam
Bought by
Totty Kimberly
Seller's Agent
Scott Hobbs
Salt and Cedar Properties, LLC
Buyer's Agent
Teresa Miragliotta
Salt and Cedar Properties, LLC
List Price
$239,000
Sold Price
$220,000
Premium/Discount to List
-$19,000
-7.95%
Views
51
Current Estimated Value
$230,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,791
Avg. Annual Appreciation
12.72%

Purchase Details

Closed on
Jun 22, 2000
Sold by
Cantor Alan
Bought by
Yablonsky Sam and Yablonsky Ethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,950
Interest Rate
8.18%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $220,000 Vanderbilt Title
Deed $220,000 Vanderbilt Title
Deed $61,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $57,950 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2025 05/12/25 Sold $220,000 -7.9% $195 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $239,000 -- $212 / 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 $4,166 $240,100 $90,000 $150,100
2024 $3,415 $246,800 $115,000 $131,800
2023 $3,415 $205,200 $86,000 $119,200
2022 $2,340 $175,500 $62,000 $113,500
2021 $2,340 $146,900 $46,000 $100,900
2020 $2,737 $133,300 $33,000 $100,300
2019 $2,795 $136,000 $33,000 $103,000
2018 $2,505 $121,200 $23,000 $98,200
2017 $2,562 $124,000 $30,000 $94,000
2016 $2,518 $123,300 $22,200 $101,100
2015 $2,194 $118,400 $28,000 $90,400
2014 $1,613 $87,900 $18,000 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22505820

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 28-00425-0000-00098-10