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22 Lotus Court

22 Lotus Court, Asbury Park, NJ 07712
House in Monmouth
Sold Dec 14, 2021
$705,000
$493,500 by Advisors Mortgage Group Llc
Mortgage Due Nov 01, 2051
Sold Aug 07, 2007
$546,500
$417,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2037
22 Lotus Court has been categorized by the local assessors in Asbury Park, NJ as a residential type of property. The building on the property was first built in 1990 and is 34 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 22 Lotus Court has 2,627 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,450 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 15,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Love to swim? You'll be excited to find out that there is a vinyl in-ground pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a hip style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. 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. The building on the property is connected to a sewer system. The property was last sold in Oct 4, 2021 for $705,000. That's $268.37 per sqft. Prior to that sales transaction, the property was also sold in Jul 30, 2007 for $546,500. 22 Lotus Court was last assessed in 2023. The total value of the property was assessed at $810,700. Specifically, the land the property is located on was valued at $392,000. While improvements on the property were assessed at a total of $418,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $12,396. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
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: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1,450
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,627
  • Building Area: 2,627
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,627
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FINAL MAP OF COBBLESTONE ESTATES
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RANNA ABRAHAM
  • Previous Owner : SINGH JASWINDER
  • Previous Owner 2: SAHI KAMALJIT
  • Owner Before Previous Owner: LEVINE STEVEN
  • Owner Before Previous Owner 2: LEVINE SUSAN
  • Current Owner Is a Corporation Indicator: Yes

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- 02-00058- 11
  • Block: 1.02
  • Lot: 58.11
  • Municipality: OCEAN TWP
  • Latitude: 40.265
  • Longitude: -74.0498

    Address

  • Full Address: 22 Lotus Ct
  • Address - House Number: 22
  • Address - Street Name: Lotus
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Ocean
  • Carrier Code: C033
  • 4-Digit Zip Code: 7200
  • Zip Code: 07712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,396

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 837,276
  • High Value: 997,126
  • Low Value: 677,426

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $493,500
  • First Open Lien Mortgage Lender: ADVISORS MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: Dec 14, 2021
  • First Open Lien Mortgage Loan Amount: $493,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $810,700
  • Market Land Value: $392,000
  • Market Improvement Value: $418,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $810,700
  • Assessed Land Value: $392,000
  • Assessed Improvements Value: $418,700

    Sales

  • Current Sale Contract Date: Oct 04, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Transaction ID: 11876368705
  • Current Sale Price: $705,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021178359
  • Previous Sale Recording Date: Aug 07, 2007
  • Previous Sale Contract Date: Jul 30, 2007
  • Previous Sale Amount: $546,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ADVISORS MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Dec 14, 2021
  • First Mortgage Loan Amount: $493,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 07, 2007
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2037

About Monmouth



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Frequently Asked Questions

What neighborhood is 22 Lotus Court located in?
The 22 Lotus Court is a house located in the neighborhood of Monmouth in Monmouth, Asbury Park.
What is the average sales price for listings in 22 Lotus Court?
The average sales price for units in 22 Lotus Court is $699,000 , or $259/sqft. currently.

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