NOT LISTED FOR SALE

1505 Wellington Place Unit 1505 Matawan, NJ 07747

Estimated Value: $338,000 - $374,000

2 Beds
1 Bath
1,000 Sq Ft
436 Sq Ft Lot Lot

Sale Details

Date Sold: February 9, 2024

Last sale price $280,000 $280 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,652 / mo

67 Days on Market

Highlights

  • Pool
  • Ceiling Fan
  • Wall to Wall Carpet
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of February 2024

New Price!!! Welcome to Wellington Place. This unit offers 2 bedrooms with new carpeting. New Hot Water Heater just installed. Separate dining area and Living room with new carpeting.

Last Agent to Sell the Property

Stacey Digrande

C21/ Mack Morris Iris Lurie License #0562650 Listed on: 11/10/2023

C21/ Mack Morris Iris Lurie

Co-Listed By

Ruth Cole

C21/ Mack Morris Iris Lurie License #8643569

Last Buyer's Agent

Kathleen Morris

Coldwell Banker Realty License #0893769

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • 436

HOA Fees

  • $278 Monthly HOA Fees

Home Design

  • Mirrored Walls
  • Shingle Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Wood Burning Fireplace
  • Wall to Wall Carpet

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-00114-0000-00003-0000-C1505

Community Details

Overview

  • Association fees include common area
  • Wellington Pl Subdivision, Lower Level Floorplan

Amenities

  • Common Area

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

436 Sq Ft Lot

HOA Fees

$278 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: lower level
  • ResoPoolFeatures: Common
  • Reso Association Fee Includes: Common Area
  • Co List Office Mls Id: 402
  • Co List Office Phone: 732-536-2228
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Stove, Refrigerator
  • Subdivision Name: Wellington Pl
  • Reso Interior Features: Wall Mirror
  • Property Attached Yn: Yes
  • Year Built: 1979
  • Contract Info List PriceSqFt: 329.9
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • General Property Info Acreage: 0.01
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • General Property Info # Fireplaces: 1.0
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Cooling Electric3: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Interior Wall Mirror: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront: No
  • Exclusions: none
  • Exterior Features: Other

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 278.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 01-00114-0000-00003-0000-C1505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Mar 22, 2024
Sold by
Federal Home Loan Mtg Corp
Bought by
Sforza Joseph Dominick
Seller's Agent
Stacey Digrande
C21/ Mack Morris Iris Lurie
Buyer's Agent
Kathleen Morris
Coldwell Banker Realty
List Price
$423,900
Sold Price
$280,000
Premium/Discount to List
-$143,900
-33.95%
Views
169
Current Estimated Value
$363,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,433
Avg. Annual Appreciation
12.65%
Original Mortgage
$210,000
Outstanding Balance
$206,514
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$156,919

Purchase Details

Closed on
Jul 20, 2023
Sold by
Sheriff Of The County Of Monmouth
Bought by
Peters Arthur

Purchase Details

Closed on
Jun 8, 2007
Sold by
Devito Nicol D
Bought by
Peters Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,900
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2002
Sold by
Powell Constance
Bought by
Devito Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
6.57%

Purchase Details

Closed on
Feb 26, 1999
Sold by
Schifano Thomas
Bought by
Powell Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
6.78%

Purchase Details

Closed on
Jun 3, 1996
Sold by
Cox Daniel
Bought by
Schifano Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.89%
Mortgage Type
FHA
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
Sforza Joseph Dominick $280,000 Realsafe Title
Peters Arthur $428,776 None Listed On Document
Peters Arthur $428,776 None Listed On Document
Peters Arthur $242,000 Weichert Title Agency
Devito Nicole $149,900 --
Powell Constance $84,500 --
Schifano Thomas $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sforza Joseph Dominick $210,000
Previous Owner Peters Arthur $229,900
Previous Owner Devito Nicole $119,900
Previous Owner Powell Constance $79,500
Previous Owner Schifano Thomas $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $280,000 -15.1% $280 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/27/2023 12/27/23 Price Changed $329,900 -22.2% $330 / Sq Ft
11/10/2023 11/10/23 For Sale $423,900 0.0% $424 / Sq Ft
11/04/2021 11/04/21 Rented $1,800 0.0% --
10/17/2021 10/17/21 For Rent $1,800 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $5,364 $339,500 $190,300 $149,200
2024 $5,445 $279,100 $134,100 $145,000
2023 $5,445 $267,700 $126,800 $140,900
2022 $5,345 $230,500 $102,900 $127,600
2021 $5,345 $207,800 $90,200 $117,600
2020 $5,093 $197,100 $82,200 $114,900
2019 $4,973 $186,800 $73,200 $113,600
2018 $4,865 $183,300 $75,000 $108,300
2017 $4,757 $182,000 $77,000 $105,000
2016 $4,739 $180,000 $77,000 $103,000
2015 $4,810 $184,300 $75,000 $109,300
2014 $4,698 $183,600 $75,000 $108,600
Source: Public Records

Agents Affiliated with this Home

  • Stacey Digrande

    Seller's Agent in 2024

    Stacey Digrande

    C21/ Mack Morris Iris Lurie

    (646) 229-3887

    4 in this area

    68 Total Sales

    Stacey Digrande
    Section Image

  • R

    Seller Co-Listing Agent in 2024

    Ruth Cole

    C21/ Mack Morris Iris Lurie

    (732) 536-2228

    2 in this area

    12 Total Sales

    Ruth Cole
    Section Image

  • K

    Buyer's Agent in 2024

    Kathleen Morris

    Coldwell Banker Realty

    (732) 567-1556

    3 in this area

    21 Total Sales

    Kathleen Morris
    Section Image

  • K

    Seller's Agent in 2021

    Kathleen Behr

    EXP Realty

  • E

    Buyer's Agent in 2021

    Elnaz Seiedannazemi

    Douglas Elliman of NJ LLC

    (571) 269-0559

    6 Total Sales

    Elnaz Seiedannazemi
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22331402

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00114-0000-00003-0000-C1505

New Jersey Monmouth County Matawan 07747

1505 Wellington Place Unit 1505, Matawan, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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