When was property at 500 Locust Point Road built and last sold?

The property at 500 Locust Point Road was built in 1933 and last sold on Nov 21, 2019 for $420,100.

How much is this home worth?

The estimated value of the home located at 500 Locust Point Road is $433,290.

What are some comparable homes to 500 Locust Point Road?

There are currently no comparable homes to 500 Locust Point Road.

Monmouth

07760

500 Locust Point Road

$390,000

● House - Off Market

500 Locust Point Road

Rumson, NJ 07760

5 Beds

3 Baths, 1 Half Bath

2,162 Ft²

$628,341

RealtyHop Estimate

46.47%

Since Nov 1, 2019

National-US

Primary Model

About This Property

HUGE price reduction for this large, Craftsman style home located in the beautiful and historic Locust section of Middletown with a Rumson zip code. Home is in need of repairs. Renovate, reinvent and upcycle this house that reflects a love for the land and its bounty with hardwood floors on the first level, a large family room with vaulted ceilings, large windows and a dual gas/wood burning fireplace. Private and sprawling backyard with deck and plenty of room for planting. Large unfinished basement with separate entrance. Enjoy this picturesque area with top-rated Middletown schools, minutes to dining, entertainment and beaches. Close to Seastreak high speed NY ferry, trains, buses. Walk to nearby parks and hiking trails. Sold ''AS IS. No flood ins. required.

Unit Size

2,162 Ft²

Days on Market

Land Size

0.53 acres

Price per sqft

$198

Property Type

House

Property Taxes

$796

HOA Dues

Year Built

1933

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Last updated: 2 years ago (MOMLS #21907051)

Price History

Date / Event	Date	Event
Oct 25, 2019	Sold	Premium
Sold
Feb 23, 2019	No longer available	-
No longer available
Feb 21, 2019	Listed by Berkshire Hathaway HomeServices New Jersey Properties	$429,000
Listed by Berkshire Hathaway HomeServices New Jersey Properties
Nov 17, 2018	Price Decreased	$475,000 ↓ $24K (4.8%)
Price Decreased
Oct 11, 2018	Price Increased	$499,000 ↑ $24K (5.1%)
Price Increased
Sep 10, 2018	Listed	$475,000
Listed

	This charming and welcoming five bedroom Craftsman style home located in the historic Locust section of Middletown with a Rumson zip code is larger than it appears. The home is reminiscent of a way of life that reflects a love for the land and its bounty. Transition from the outdoors to the farmhouse porch and welcoming foyer. Spread out in the large family room with vaulted ceilings and vast windows. Cuddle up near the gas and wood burning fireplace. Renovate, recycle and upcycle this home with full basement and large private yard. Stroll through nearby parks. Enjoy this picturesque area with top-rated Middletown schools, minutes to dining, entertainment and beaches. Close to Seastreak high speed NY ferry, trains, buses. No flood ins. Sold ''AS IS''. The manager has listed the unit size as 2162 square feet.

Property Highlights

Fireplace

Building Info

Overview

General

Year Built: 1933

Effective Year Built: 1933
Building Count: 1
Total Rooms: 8
Bedroom Count: 5
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 2
Building Quality: 0
Construction Type: 6
Building Style: 5
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 20
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 9
Basement Area: 960
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 23,499

Lot Size Depth Feet: 3,730
Lot Size Frontage Feet: 630
Total Building Area: 2,162
Building Area: 2,162
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 0
Heating: 10
Heated Square Feet: 2,162
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Land Acres: 0000000539
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Middletown Township School District

Census Tract: 800900

Zoning

Zoning: R110

Geography

Assessors Map Reference: TAX MAP 139

Account Number: 311
District: 32
Parcel: 32 00840-0000-00053
Block: 840
Lot: 53
Municipality: MIDDLETOWN TWP
Latitude: 40.3924
Longitude: -74.0237

Address

Full Address: 500 Locust Point Rd

Address - House Number: 500
Address - Street Name: Locust Point
Address - Suffix Type: Rd
State: NJ
City Name: Rumson
Carrier Code: C010
4-Digit Zip Code: 2366
Zip Code: 07760

Valuation

Tax

Tax Year: 2023

Tax Amount: $975,539

Appraisal Valuation

Standard Deviation: 0.1886

Valuation Date: Apr 03, 2024
Confidence Score: 75
Final Value: 684,128
High Value: 813,174
Low Value: 555,083

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $561,300

Market Land Value: $410,500
Market Improvement Value: $150,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $561,300
Assessed Land Value: $410,500
Assessed Improvements Value: $150,800

Sales

Current Sale Contract Date: Nov 21, 2019

Current Sale Recording Date: Nov 26, 2019
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 2019112642
Previous Sale Recording Date: Oct 14, 1994
Previous Sale Contract Date: Oct 07, 1994
Previous Sale Amount: $125,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Monmouth

Stats & Trends

Median Asking:

$739,900

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

Average Home Size

2004 ft²

Average Home Age

45.6 years

Currently For Sale

1794 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 324 Shore Drive, Highlands, NJ, 07732

$3,950 /mo

2 Beds
2 Baths

324 Shore Drive #E1, Highlands, NJ, 07732 Listing by Thomas J McCormack

Unit for rent at 34 Ridge Avenue, Rumson, NJ, 07760

$4,000 /mo

2 Beds
1 Bath

34 Ridge Avenue #R, Rumson, NJ, 07760 Listing by Anna M Ingrassia

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Theresa Capuano, Berkshire Hathaway HomeServices New Jersey Properties
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21907051

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

500 Locust Point Road

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Monmouth

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions