Check Availability

2 Cottonwood Lane West

2 Cottonwood Lane West, Holmdel, NJ 07733
Property in Monmouth
Sold Mar 12, 2014
$1,090,000
Sold Nov 01, 2003
$700,000
$560,000 by Wachovia Mtg
Mortgage
2 Cottonwood Lane West has been categorized by the local assessors in Holmdel, NJ as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2 Cottonwood Lane West has 4,157 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 38,768 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 896 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. 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, 2 Cottonwood Lane West sold most recently in Feb 14, 2014 for a total of $1,090,000. If you work out the math, that's approximately a cost of $262.21 per sqft. Before that, the property was also sold for $700,000 in Sep 17, 2003. 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 $19,848 in taxes each year. 2 Cottonwood Lane West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,219,900. If we break it down further, the land itself was valued at $441,800. Improvements to the property, however, were assessed at a total of $778,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Contemporary
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 3,033
  • Garage Type: Attached
  • Garage Square Area: 896
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 38,768
  • Total Building Area: 4,157
  • Building Area: 4,157
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,157
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.89
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHOI EDWARD J
  • Current Owner 2: CHANG WONKYONG S
  • Previous Owner : DIXON DONALD G
  • Previous Owner 2: DIXON KARON L
  • Owner Before Previous Owner: SIEGEL LARRY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Holmdel Township School District
  • Census Tract: 803202

Zoning

  • Zoning: R40A

Geography

  • Assessors Map Reference: TAX MAP 25.1
  • Account Number: 01538114
  • District: 20
  • Parcel: 20 00030-0000-00027- 31
  • Block: 30
  • Lot: 27.31
  • Municipality: HOLMDEL TWP
  • Latitude: 40.3951
  • Longitude: -74.2036

    Address

  • Full Address: 2 Cottonwood Ln W
  • Address - House Number: 2
  • Street Segment Direction: W
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Holmdel
  • Zip Code: 07733

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,848

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 1,551,961
  • High Value: 1,809,391
  • Low Value: 1,294,530

    Market Valuation

  • Market Total Value: $1,219,900
  • Market Land Value: $441,800
  • Market Improvement Value: $778,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,219,900
  • Assessed Land Value: $441,800
  • Assessed Improvements Value: $778,100

    Sales

  • Current Sale Contract Date: Feb 14, 2014
  • Current Sale Recording Date: Mar 12, 2014
  • Current Sale Transaction ID: 1192360445
  • Current Sale Price: $1,090,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014018517
  • Previous Sale Recording Date: Nov 01, 2003
  • Previous Sale Contract Date: Sep 17, 2003
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 12, 2014
  • First Mortgage Loan Amount: $763,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MTG
  • Previous Mortgage Transaction Date: Nov 01, 2003
  • Previous Mortgage Loan Amount: $560,000
  • Previous Mortgage Term: 360

About Monmouth



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 453 Atlantic Avenue, Aberdeen, NJ, 07747

$3,750 /mo

  • 3 Beds
  • 2 Baths
453 Atlantic Avenue, Aberdeen, NJ, 07747 Listing by Joseph Ciaglia
Unit for rent at 19 Mill Road, Matawan, NJ, 07747

$3,550 /mo

  • 3 Beds
  • 1.5 Baths
  • 2,208 ft²
19 Mill Road, Matawan, NJ, 07747 Listing by Donna Bruno
Unit for rent at 734 Holmdel Road, Holmdel, NJ, 07733

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 2,056 ft²
734 Holmdel Road #M, Holmdel, NJ, 07733 Listing by Maria Pagano
Unit for rent at 10 Sue Anne Court, Aberdeen, NJ, 07747

$4,000 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,824 ft²
10 Sue Anne Court, Aberdeen, NJ, 07747 Listing by Susan Grace McGowan

Frequently Asked Questions

What neighborhood is 2 Cottonwood Lane West located in?
The 2 Cottonwood Lane West is a located in the neighborhood of Monmouth in Monmouth, Holmdel.
What is the average sales price for listings in 2 Cottonwood Lane West?
The average sales price for units in 2 Cottonwood Lane West is $0 currently.

Quantcast