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11 Lotus Court

11 Lotus Court, Asbury Park, NJ 07712
Property in Monmouth
Sold Mar 08, 2022
$805,000
Sold Dec 26, 2014
$520,000
$416,000 by Provident Funding Associates L
Mortgage Due Jan 01, 2045
Local assessors in Asbury Park, NJ have categorized 11 Lotus Court as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 15,700 square feet. The linear feet between the front and back of the lot was measured at 1,570 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11 Lotus Court has a total of 3,109 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,286 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a hip style roof that was made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11 Lotus Court sold most recently in Feb 22, 2022 for a total of $805,000. If you work out the math, that's approximately a cost of $258.93 per sqft. Before that, the property was also sold for $520,000 in Dec 15, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,457 in taxes each year. 11 Lotus Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $814,700. If we break it down further, the land itself was valued at $373,900. Improvements to the property, however, were assessed at a total of $440,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,286
  • Garage Type: Mixed use
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,700
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,109
  • Building Area: 3,109
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,109
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SANTANA-ALVES RACHEL
  • Previous Owner : HART
  • Previous Owner 2: MARISA
  • Owner Before Previous Owner: BERMAN ROBERT
  • Owner Before Previous Owner 2: BERMAN MAUREEN A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 806501

Zoning

  • Zoning: MF08

Geography

  • Assessors Map Reference: TAX MAP 4
  • District: 37
  • Parcel: 37 00001- 06-00011
  • Block: 1.06
  • Lot: 11
  • Municipality: OCEAN TWP
  • Latitude: 40.2638
  • Longitude: -74.0489

    Address

  • Full Address: 11 Lotus Ct
  • Address - House Number: 11
  • Address - Street Name: Lotus
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Ocean
  • Carrier Code: C033
  • 4-Digit Zip Code: 7259
  • Zip Code: 07712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,457

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 971,426
  • High Value: 1,203,092
  • Low Value: 739,760

    Market Valuation

  • Market Total Value: $814,700
  • Market Land Value: $373,900
  • Market Improvement Value: $440,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $814,700
  • Assessed Land Value: $373,900
  • Assessed Improvements Value: $440,800

    Sales

  • Current Sale Contract Date: Feb 22, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Transaction ID: 11881385173
  • Current Sale Price: $805,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 26995
  • Previous Sale Recording Date: Dec 26, 2014
  • Previous Sale Contract Date: Dec 15, 2014
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • Previous Mortgage Transaction Date: Dec 26, 2014
  • Previous Mortgage Loan Amount: $416,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2045

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Frequently Asked Questions

What neighborhood is 11 Lotus Court located in?
The 11 Lotus Court is a located in the neighborhood of Monmouth in Monmouth, Asbury Park.
What is the average sales price for listings in 11 Lotus Court?
The average sales price for units in 11 Lotus Court is $0 currently.

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