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7 Tournament Drive

7 Tournament Drive, Leonardo, NJ 07737
Property in Monmouth
Sold Dec 19, 2016
$563,000
$450,400 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2047
Sold Apr 27, 2016
$400,000
7 Tournament Drive has been categorized by the local assessors in Leonardo, NJ as a residential type of property. The building on the property was first built in 1973 and is 51 years old. The home has a total of 8 rooms. 4 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, 7 Tournament Drive has 2,303 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,760 ft and across the front of the lot is 830 ft. The area measurement of the land has been determined as 14,608 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. 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 average. 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 shingle (not wood). Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 7 Tournament Drive sold most recently in Dec 2, 2016 for a total of $563,000. If you work out the math, that's approximately a cost of $244.46 per sqft. Before that, the property was also sold for $400,000 in Apr 21, 2016. 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 $12,705 in taxes each year. 7 Tournament Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $731,000. If we break it down further, the land itself was valued at $329,800. Improvements to the property, however, were assessed at a total of $401,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 910
  • Garage Type: Attached
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,608
  • Lot Size Depth Feet: 1,760
  • Lot Size Frontage Feet: 830
  • Total Building Area: 2,303
  • Building Area: 2,303
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,303
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.335
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WALSH NICOLE
  • Current Owner 2: PERNO CHRISTOPHER
  • Previous Owner : ALFIERI MICHAEL A
  • Owner Before Previous Owner: TAPPER JANET E
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800400

Zoning

  • Zoning: R22

Geography

  • Assessors Map Reference: TAX MAP 61
  • Account Number: 9-4-2.5
  • District: 32
  • Parcel: 32 00674-0000-00027
  • Block: 674
  • Lot: 27
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.404
  • Longitude: -74.0609

    Address

  • Full Address: 7 Tournament Dr
  • Address - House Number: 7
  • Address - Street Name: Tournament
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C001
  • 4-Digit Zip Code: 1721
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,705

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 845,764
  • High Value: 1,006,551
  • Low Value: 684,977

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,400
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 19, 2016
  • First Open Lien Mortgage Loan Amount: $450,400
  • 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: Jan 01, 2047

    Market Valuation

  • Market Total Value: $731,000
  • Market Land Value: $329,800
  • Market Improvement Value: $401,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $731,000
  • Assessed Land Value: $329,800
  • Assessed Improvements Value: $401,200

    Sales

  • Current Sale Contract Date: Dec 02, 2016
  • Current Sale Recording Date: Dec 19, 2016
  • Current Sale Transaction ID: 1911275426
  • Current Sale Price: $563,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016125327
  • Previous Sale Recording Date: Apr 27, 2016
  • Previous Sale Contract Date: Apr 21, 2016
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 19, 2016
  • First Mortgage Loan Amount: $450,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

About Monmouth



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Nearby Rentals

Unit for rent at 839 Leonardville Road, Leonardo, NJ, 07737

$4,500 /mo

  • 3 Beds
  • 3.5 Baths
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Frequently Asked Questions

What neighborhood is 7 Tournament Drive located in?
The 7 Tournament Drive is a located in the neighborhood of Monmouth in Monmouth, Leonardo.
What is the average sales price for listings in 7 Tournament Drive?
The average sales price for units in 7 Tournament Drive is $0 currently.

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