NOT LISTED FOR SALE

Estimated Value: $3,314,272 - $3,571,000

5 Beds
3.5 Baths
-- Sq Ft
13,068 Sq Ft Lot

Sale Details

Date Sold: September 11, 2020

Last sale price $1,550,000

Est. 120% increase in value since last sale

Current estimated payment $20,418 / mo

84 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Custom Home
  • Wolf Hill Elementary School Rated A-
  • Oceanside
  • 0.3 Acre Lot

About This Home

As of September 2020

Prestigious Beach Block home. Steps to the beach! Great opportunity to enjoy a beach lifestyle in a 5 br, 3.5 ba, luxury home. This reverse living home has an open floor plan which is Shore to please...any entertainer. With a gourmet kitchen, multiple family rooms & decks, ocean & river views, & a sky deck w panoramic views. Freshly painted, 3 floor custom home w elevator is well maintained w many upgrades. SS appliances, including 2 dishwashers, 2 zones heat/air, washer/dryer, gas bbq, outdoor custom shower, oversized multi car garage, plus so much more. Centrally located, short distance to center of town. Quick access to NY w Seastreak Ferry. Conveniently located near Pier Village, Red Bank & a great variety of restaurants. Desirable location, no crossing major roads to free beach access

Last Agent to Sell the Property

David Sweeney

USRealty.com, LLP License #120759 Listed on: 04/17/2020

Last Buyer's Agent

Ali Ross

Heritage House Sotheby's International Realty License #7937629

Heritage House Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,769

Year Built

  • Built in 2006

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 100 x 130

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Ocean
  • River

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • Bay Window
  • Sliding Doors
  • Great Room
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Balcony
  • Deck
  • Patio
  • Porch

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School
  • Shore Reg High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 42-00004-0000-00007-27

Community Details

Overview

  • Trade Winds Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,769

Year Built

Built in 2006

Lot Details

0.3 Acres

HOA Fees

$63 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Beach, Common Access
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Self/Con Clean, Stove, Refrigerator, Garbage Disposal
  • Subdivision Name: Trade Winds
  • Architectural Style: Custom
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Balcony, Sliding Door, Recessed Lighting
  • Year Built: 2006
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.3
  • General Property Info Lot Dimensions: 100 x 130
  • Location Middle School: Maple Place
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Exterior Thermal Window: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Rooms Garage4: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Siding Shingle: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Included Garbage Disposal: Yes
  • GreatFamily Room BayBow Window5: Yes
  • Dining Room Sliding Door3: Yes
  • Water Type Riverview: Yes
  • Common Elements Beach: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.3
  • Waterfront Features: Oceanside/Beach Blk, Oceanview, Riverview
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Exterior Features: Deck, Outdoor Shower, Patio, Porch - Open, Thermal Window
  • Foundation Details: Slab

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Lot Dimensions: 100 x 130
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 42-00004-0000-00007-27
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 24769.0

MLS Schools

  • Elementary School: Wolf Hill
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Sep 11, 2020
Sold by
Gammo Daniel M and Gammo Deborah
Bought by
Malhotra Sayuja
Seller's Agent
David Sweeney
USRealty.com, LLP
Buyer's Agent
Ali Ross
Heritage House Sotheby's International Realty
List Price
$1,595,000
Sold Price
$1,550,000
Premium/Discount to List
-$45,000
-2.82%
Current Estimated Value
$3,410,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,860,818
Avg. Annual Appreciation
15.24%
Original Mortgage
$765,000
Outstanding Balance
$671,357
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,739,461

Purchase Details

Closed on
Oct 5, 2005
Sold by
Kara At The Tradewinds Llc
Bought by
Gammo Daniel M and Gammo Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,283,000
Interest Rate
6.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malhotra Sayuja $1,550,000 Acres Land Title Agency Inc
Gammo Daniel M $1,872,440 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malhotra Sayuja $765,000
Previous Owner Gammo Daniel M $1,283,000
Previous Owner Gammo Daniel M $1,283,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $1,550,000 +6639.1% --
07/10/2020 07/10/20 Pending -- -- --
05/23/2020 05/23/20 Rented $23,000 -98.6% --
05/20/2020 05/20/20 Under Contract -- -- --
04/17/2020 04/17/20 For Sale $1,595,000 0.0% --
04/16/2020 04/16/20 For Rent $23,000 -73.9% --
05/01/2019 05/01/19 Rented $88,000 +700.0% --
01/31/2019 01/31/19 Rented $11,000 +100.0% --
12/07/2018 12/07/18 Rented $5,500 -19.1% --
08/27/2018 08/27/18 Rented $6,800 -92.0% --
07/31/2017 07/31/17 Rented $85,000 +240.0% --
06/06/2017 06/06/17 Rented $25,000 -67.4% --
05/01/2014 05/01/14 Rented $76,800 +1606.7% --
12/06/2013 12/06/13 Rented $4,500 -94.1% --
04/12/2012 04/12/12 Rented $76,250 -- --
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 $23,829 $2,600,100 $1,786,000 $814,100
2024 $21,797 $2,492,600 $1,748,000 $744,600
2023 $21,797 $2,128,600 $1,472,500 $656,100
2022 $19,356 $1,651,400 $1,045,000 $606,400
2021 $19,356 $1,554,700 $950,000 $604,700
2020 $21,082 $1,641,900 $1,054,500 $587,400
2019 $24,769 $1,825,300 $1,244,500 $580,800
2018 $27,667 $1,926,700 $1,339,500 $587,200
2017 $27,809 $1,906,000 $1,330,000 $576,000
2016 $24,582 $1,883,700 $1,330,000 $553,700
2015 $26,453 $1,318,700 $675,000 $643,700
2014 $20,687 $1,035,900 $500,000 $535,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22012662

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00004-0000-00007-27

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