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1205 Xanadu Lane

1205 Xanadu Lane, Belmar, NJ 07719
Property in Monmouth
Sold Oct 21, 2014
$370,000
Sold Jun 30, 2009
$300,000
$240,000 by Pnc Mortgage Llc
Mortgage Due Jul 01, 2039
Local assessors in Belmar, NJ have categorized 1205 Xanadu Lane as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 318,688 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 3 rooms in the home. Of these, 2 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 is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1205 Xanadu Lane has a total of 1,540 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 garage underground or in the basement for those who need a place to park their vehicle. The garage on the property is 190 sqft. 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 stucco 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. 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, 1205 Xanadu Lane sold most recently in Oct 17, 2014 for a total of $370,000. If you work out the math, that's approximately a cost of $240.26 per sqft. Before that, the property was also sold for $300,000 in Jun 4, 2009. 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 $7,907 in taxes each year. 1205 Xanadu Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $378,500. If we break it down further, the land itself was valued at $200,000. Improvements to the property, however, were assessed at a total of $178,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Condo
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Garage Square Area: 190
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 318,688
  • Total Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: XANADU AT WALL
  • Land Acres: 7.316
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: G37

Ownership

  • Current Owner : OREFICE KENNETH R
  • Current Owner 2: OREFICE GERALDINE
  • Previous Owner : LYNCH BRIAN
  • Previous Owner 2: LYNCH KATHLEEN
  • Owner Before Previous Owner: BIBBO GERARDO
  • Owner Before Previous Owner 2: BIBBO MARY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wall Township School District
  • Census Tract: 808501

Zoning

  • Zoning: HD12

Geography

  • Assessors Map Reference: TAX MAP 60.1
  • District: 52
  • Parcel: 52 00080-0000-00012-1205
  • Block: 80
  • Lot: 12.1205
  • Municipality: WALL TWP
  • Latitude: 40.1688
  • Longitude: -74.0498

    Address

  • Full Address: 1205 Xanadu Ln
  • Address - House Number: 1205
  • Address - Street Name: Xanadu
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Wall Township
  • Carrier Code: C017
  • 4-Digit Zip Code: 5501
  • Zip Code: 07719

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,907

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 633,842
  • High Value: 747,165
  • Low Value: 520,519

    Market Valuation

  • Market Total Value: $378,500
  • Market Land Value: $200,000
  • Market Improvement Value: $178,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,500
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $178,500

    Sales

  • Current Sale Contract Date: Oct 17, 2014
  • Current Sale Recording Date: Oct 21, 2014
  • Current Sale Transaction ID: 1192319461
  • Current Sale Price: $370,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014084763
  • Previous Sale Recording Date: Jun 30, 2009
  • Previous Sale Contract Date: Jun 04, 2009
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: MANASQUAN SAVINGS BANK
  • First Mortgage Transaction Date: Oct 21, 2014
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: PNC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 30, 2009
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2039

About Monmouth



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Frequently Asked Questions

What neighborhood is 1205 Xanadu Lane located in?
The 1205 Xanadu Lane is a located in the neighborhood of Monmouth in Monmouth, Belmar.
What is the average sales price for listings in 1205 Xanadu Lane?
The average sales price for units in 1205 Xanadu Lane is $0 currently.

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