NOT LISTED FOR SALE

101 Salem Ave Spring Lake, NJ 07762

Estimated Value: $3,134,000 - $3,711,000

4 Beds
2 Baths
1,440 Sq Ft
$2,352/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $1,975,000 $1,372 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $19,006/month

9 Days on Market

Highlights

  • Ocean View
  • Cape Cod Architecture
  • Corner Lot
  • New Kitchen
  • Wood Flooring
  • No HOA

About This Home

As of August 2020

Location location,,Ocean Views .One block to the beach and South End Pool,. Renovated 4 bedroom 2 bath expanded Cape. . First floor bedroom with full bath.! Hardwood floors throughout, Gourmet kitchen ,S/S appliance package, Granite countertops with glass backsplash, Outdoor shower. Expansion possibilities.. The perfect beach or year-round home..Outstanding rental income. A rare offering. ,

Last Agent to Sell the Property

Maryanne Stebbins

Chris Smith Realty License #8337626 Listed on: 06/15/2020

Last Buyer's Agent

Susan Fittin

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,861

Year Built

  • Built in 1977

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Corner Lot
  • Oversized Lot

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Driveway

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1-Story Property
  • Light Fixtures
  • Window Treatments
  • Ocean Views
  • Basement
  • Crawl Space

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • H. W. Mountz Elementary And Middle School
  • Manasquan High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Outdoor Shower
  • Landlocked Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 47-00020-0000-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,861

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Land Locked, Oversized
  • Inclusions: Window Treatments, Dishwasher, Light Fixtures, Microwave, Self/Con Clean, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Flooring: Ceramic Tile, Tile, Wood
  • Year Built: 1977
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: H. W. Mountz
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Included Light Fixtures: Yes
  • Included Window Treatments: Yes
  • Style Cape: Yes
  • Foyer Floor - Wood: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • ExteriorOutdoorShower: Yes
  • Floors Tile: Yes
  • Lot Description Land Locked: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.17
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Exclusions: Personal Items
  • Exterior Features: Outdoor Shower

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00020-0000-00001
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8861.0

MLS Schools

  • Elementary School: H. W. Mountz
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 11, 2020
Sold by
Vigilante Daniel P and Vigilante Kenia Clase
Bought by
Downing John and Downing Brenda
Seller's Agent
Maryanne Stebbins
Chris Smith Realty
Buyer's Agent
Susan Fittin
Coldwell Banker Realty
List Price
$1,975,000
Sold Price
$1,975,000
Current Estimated Value
$3,387,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,412,442
Avg. Annual Appreciation
11.14%
Original Mortgage
$845,000
Outstanding Balance
$751,259
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,644,280

Purchase Details

Closed on
Oct 17, 2017
Sold by
Vigilante Kenia Clase and Vigilante Daniel P
Bought by
Vigilante Kenia Clase and Vigilante Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
3.83%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2014
Sold by
Vigilante Daniel and Vigilante Daniel P
Bought by
Clase Vigilante Kenia

Purchase Details

Closed on
Jan 15, 2014
Sold by
Talalas Randolph S and Talalas Karen L
Bought by
Vigilante Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.47%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Downing John $1,975,000 Chicago Title Insurance Co
Vigilante Kenia Clase -- --
Clase Vigilante Kenia -- None Available
Vigilante Daniel $1,340,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downing John $845,000
Previous Owner Vigilante Kenia Clase $765,000
Previous Owner Vigilante Daniel $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $1,975,000 0.0% $1,372 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $1,975,000 -- $1,372 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,554 $2,843,800 $2,460,000 $383,800
2024 $11,798 $2,567,300 $2,135,000 $432,300
2023 $11,798 $2,345,500 $1,923,200 $422,300
2022 $11,759 $2,150,000 $1,747,900 $402,100
2021 $11,759 $1,959,900 $1,431,500 $528,400
2020 $8,915 $1,442,500 $1,390,500 $52,000
2019 $8,861 $1,406,500 $1,356,000 $50,500
2018 $8,825 $1,405,300 $1,356,000 $49,300
2017 $8,430 $1,346,600 $1,300,000 $46,600
2016 $8,936 $1,308,300 $978,500 $329,800
2015 $8,814 $1,262,800 $964,300 $298,500
2014 $7,769 $1,132,500 $973,100 $159,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Maryanne Stebbins

    Chris Smith Realty

    (732) 539-1120

    1 in this area

    17 Total Sales

    Maryanne Stebbins
    Section Image

  • S

    Buyer's Agent in 2020

    Susan Fittin

    Coldwell Banker Realty

  • S

    Buyer's Agent in 2020

    Susan Erbe Fittin

    The MacGowan Agency, Inc.

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22019418

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00020-0000-00001

New Jersey Monmouth County Spring Lake 07762

101 Salem Ave, Spring Lake, NJ

This home is located at 101 Salem Ave, Spring Lake, NJ 07762 since 15 June 2020 and is currently estimated at $3,387,442, approximately $2,352 per square foot. This property was built in 1977. 101 Salem Ave is a home located in Monmouth County with nearby schools including St. Catharine School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) 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.

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