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412 Welstead Way

412 Welstead Way, Keyport, NJ 07735
House in Monmouth
Sold Dec 06, 2018
$266,000
$216,500 by Manasquan Bank
Mortgage Due Nov 01, 2049
Sold Jun 05, 2018
$155,000
Local assessors in Keyport, NJ have categorized 412 Welstead Way as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 14,061 square feet. The linear feet between the front and back of the lot was measured at 1,090 ft and the front of the lot was measured at 1,290 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 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 412 Welstead Way has a total of 988 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable 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. 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, 412 Welstead Way sold most recently in Nov 28, 2018 for a total of $266,000. If you work out the math, that's approximately a cost of $269.23 per sqft. Before that, the property was also sold for $155,000 in May 21, 2018. 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 $7,363 in taxes each year. 412 Welstead Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $339,600. If we break it down further, the land itself was valued at $195,600. Improvements to the property, however, were assessed at a total of $144,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 576
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,061
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 1,290
  • Total Building Area: 988
  • Building Area: 988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 988
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.323
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BARONE NICHOLAS
  • Current Owner 2: SMITH HEATHER
  • Previous Owner : PETRYSHYN MARY JP
  • Owner Before Previous Owner: BAYVIEW LOAN SERVICING LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 802500

Zoning

  • Zoning: SF05

Geography

  • Assessors Map Reference: TAX MAP 86
  • District: 01
  • Parcel: 01 00323-0000-00001
  • Block: 323
  • Lot: 1
  • Municipality: ABERDEEN TWP
  • Latitude: 40.4411
  • Longitude: -74.217

    Address

  • Full Address: 412 Welstead Way
  • Address - House Number: 412
  • Address - Street Name: Welstead
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Keyport
  • Carrier Code: C015
  • 4-Digit Zip Code: 5425
  • Zip Code: 07735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,363

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 422,107
  • High Value: 506,731
  • Low Value: 337,483

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $216,500
  • First Open Lien Mortgage Lender: MANASQUAN BANK
  • First Open Lien Mortgage Recording Date: Nov 15, 2019
  • First Open Lien Mortgage Loan Amount: $216,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $339,600
  • Market Land Value: $195,600
  • Market Improvement Value: $144,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $339,600
  • Assessed Land Value: $195,600
  • Assessed Improvements Value: $144,000

    Sales

  • Current Sale Contract Date: Nov 28, 2018
  • Current Sale Recording Date: Dec 06, 2018
  • Current Sale Transaction ID: 11542946631
  • Current Sale Price: $266,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018117268
  • Previous Sale Recording Date: Jun 05, 2018
  • Previous Sale Contract Date: May 21, 2018
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 06, 2018
  • First Mortgage Loan Amount: $212,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

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Frequently Asked Questions

What neighborhood is 412 Welstead Way located in?
The 412 Welstead Way is a house located in the neighborhood of Monmouth in Cliffwood Beach, Keyport.
What is the average sales price for listings in 412 Welstead Way?
The average sales price for units in 412 Welstead Way is $0 currently.

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