NOT LISTED FOR SALE

107 Ocean Ave Spring Lake, NJ 07762

Estimated Value: $5,288,332 - $7,510,000

5 Beds
3.5 Baths
3,508 Sq Ft
$1,837/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $3,925,000 $1,119 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $33,139/month

161 Days on Market

Highlights

  • Beach Front
  • New Kitchen
  • Wood Flooring
  • Ocean View
  • Deck
  • Shore Colonial Architecture

About This Home

As of January 2016

Enjoy ocean breezes and the spectacular views from this beautifully renovated 5 bedroom seashore colonial. First floor features an expansive gourmet eat-in kitchen with granite countertops, breakfast bar and island. Also included is a formal living room with gas fireplace and ocean views, separate family/play room just off the kitchen as well as 2 convenient bedrooms with a full bath. Second floor features large master suite with wide open ocean views, and a French door porch access. 2 additional oversized bedrooms, bonus room and and home office with porch access for added guest/work space. Outdoor shower/changing room; multilevel trex deck w/electric awning. Laundry facilities on both floors. All new HVAC; Foam insulation. Driveway allows for ample off street parking.

Last Agent to Sell the Property

Elizabeth Hewson-judge

Ward Wight Sotheby's International Realty License #0903217 Listed on: 06/23/2015

Ward Wight Sotheby's International Realty

Last Buyer's Agent

Meghan Frost

Ward Wight Sotheby's International Realty License #1327673

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,123

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 75 x 150
  • Beach Front
  • Fenced
  • Sprinkler System

Parking

  • 1.5 Car Detached Garage
  • Oversized Parking

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 3,508 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Awning
  • Window Treatments
  • Bay Window
  • Window Screens
  • French Doors
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Bonus Room
  • Center Hall
  • Wood Flooring
  • Ocean Views
  • Crawl Space

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Primary Bathroom is a Full Bathroom
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00009-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,123

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Beachfront, Oceanfront
  • Inclusions: Window Treatments, Ceiling Fan(s), Dryer, Microwave, Stove, Stove Hood, Refrigerator, Screens, Awnings, Garbage Disposal, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Shore Colonial
  • Reso Interior Features: Balcony, Bonus Room, Center Hall, Dec Molding, Den, French Doors, Breakfast Bar, Eat-in Kitchen, Recessed Lighting
  • Year Built: 1967
  • Contract Info List PriceSqFt: 1211.52
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 75 x 150
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Living Room French Doors2: Yes
  • Exterior Porch - Open: Yes
  • Interior Den: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Rooms Bonus Room2: Yes
  • Siding Shingle: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen KitchenDine: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen French Doors5: Yes
  • Garage Oversized: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Water Heater Tank: Yes
  • Included Garbage Disposal: Yes
  • Living Room BayBow Window2: Yes
  • Kitchen BayBow Window4: Yes
  • Interior Bonus Room: Yes
  • Included Awnings: Yes
  • GreatFamily Room French Doors4: Yes
  • Water Type Beachfront: Yes
  • Foyer Dec Molding2: Yes
  • Lot Description Beachfront2: Yes
  • Living Room Raised: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Other Rooms:Family Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Marble7: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Exterior Features: Balcony, Deck, Fence, Outdoor Shower, Patio, Porch - Open, Sprinkler Under, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Paved, Asphalt, Oversized
  • General Property Info:Garage: Yes
  • Parking:Paved: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 75 x 150
  • Parcel #: 47-00009-0000-00004
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 23123.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2015
Closed on
Jan 6, 2016
Sold by
Clifford Shane and Clifford Patricia
Bought by
Ramundo Katherine Elizabeth Hargrove and Ramundo Paulo Angelo
Seller's Agent
Elizabeth Hewson-judge
Ward Wight Sotheby's International Realty
Buyer's Agent
Meghan Frost
Ward Wight Sotheby's International Realty
Sold Price
$3,925,000
Current Estimated Value
$5,876,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,951,663
Avg. Annual Appreciation
5.12%

Purchase Details

Listed on
Jul 15, 2012
Closed on
Apr 9, 2013
Sold by
Smith Sarah D
Bought by
Clifford Shane and Clifford Patricia
Seller's Agent
Constance Keane
Weichert Realtors-Spring Lake
Buyer's Agent
Elizabeth Hewson-judge
Ward Wight Sotheby's International Realty
Sold Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.27%
Original Mortgage
$1,650,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ramundo Katherine Elizabeth Hargrove $3,925,000 None Available
Clifford Shane $2,150,000 Agent For Old Republic Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clifford Shane $1,650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2016 01/15/16 Sold $3,925,000 +82.6% $1,119 / Sq Ft
04/10/2013 04/10/13 Sold $2,150,000 -- $860 / Sq Ft View Prior Sale
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 $26,727 $5,922,300 $4,865,000 $1,057,300
2024 $26,746 $5,465,700 $4,515,000 $950,700
2023 $26,746 $5,317,300 $4,388,800 $928,500
2022 $25,461 $4,947,600 $4,063,500 $884,100
2021 $25,461 $4,243,500 $3,443,800 $799,700
2020 $25,499 $4,126,100 $3,357,500 $768,600
2019 $25,177 $3,996,400 $3,250,000 $746,400
2018 $24,986 $3,978,600 $3,250,000 $728,600
2017 $24,499 $3,913,600 $3,225,000 $688,600
2016 $23,135 $3,387,200 $2,782,900 $604,300
2015 $23,766 $3,404,800 $2,800,500 $604,300
2014 $24,149 $3,370,700 $2,916,000 $454,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21524581

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00009-0000-00004