Seller's Agent in 2024
Walter Kimm
Coldwell Banker Realty
(732) 614-0306
5 in this area
21 Total Sales
1120 4th Ave Spring Lake, NJ 07762
Estimated Value: $2,876,000 - $3,231,807
4
Beds
3.5
Baths
3,095
Sq Ft
$989/Sq Ft
Est. Value
Highlights
- Recreation Room
- Shore Colonial Architecture
- No HOA
- Wood Flooring
- Corner Lot
- Covered Patio or Porch
About This Home
As of August 2024Spring Lake at its very best! Character ,Charm & Location best describe this outstanding 4 bdrm 3.5 bath seashore colonial located a short distance to both Spring Lake's downtown & Divine Park which surrounds the iconic namesake lake! This exceptional home features a bright & sunny 1st flr with hard wood flrs & 9 ft ceilings! The living rm has transom windows, gas fireplace with custom mantle & cabinets, The kitchen also features custom cabinets & center island overlooking the airy dining rm with French doors leading to front & side porches & patio and a very private yard ! See the spacious master suit with its own sun porch looking towards the lake! Additional bonus spaces include 3rd flr siting area, finished rec rm in basement & art studio or office alongside the detached garage
Last Agent to Sell the Property
Coldwell Banker Realty License #8640443 Listed on: 01/11/2024
Last Buyer's Agent
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #0565344
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,499
Lot Details
- Lot Dimensions are 50 x 140
- Corner Lot
- Sprinkler System
Parking
- 1 Car Detached Garage
- Driveway
- Off-Street Parking
Home Design
- Shore Colonial Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,095 Sq Ft Home
- 3-Story Property
- Built-In Features
- Beamed Ceilings
- Tray Ceiling
- Ceiling height of 9 feet on the main level
- Recessed Lighting
- Gas Fireplace
- Blinds
- French Doors
- Sitting Room
- Living Room
- Dining Room
- Recreation Room
- Center Hall
Kitchen
- Gas Cooktop
- Stove
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom Bathtub Only
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Partial Basement
- Recreation or Family Area in Basement
Outdoor Features
- Balcony
- Covered Patio or 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
- Tankless Water Heater
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Chandelier over kitchen island excluded
- Assessor Parcel Number 47-00069-0000-00010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2024
Closed on
Aug 9, 2024
Sold by
Passalacqua Mario C and Passalacqua Mary E
Bought by
Terranova Ken and Terranova Michelle
Seller's Agent
Walter Kimm
Coldwell Banker Realty
Buyer's Agent
Michelle Schneider
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
List Price
$3,429,000
Sold Price
$2,680,000
Premium/Discount to List
-$749,000
-21.84%
Views
364
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,452
Avg. Annual Appreciation
10.41%
Original Mortgage
$2,144,000
Outstanding Balance
$2,113,128
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$947,324
Purchase Details
Closed on
Dec 12, 2013
Sold by
Mercer Properties Inc
Bought by
810 Highway 71 Llc
Purchase Details
Closed on
Jan 9, 2004
Sold by
Mastropcola Michael
Bought by
Passalacqua Mario and Passalacqua Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.88%
Purchase Details
Closed on
Jan 14, 1999
Sold by
Burkholder Barbara Covert
Bought by
Mastrocola Michael and Mastrocola Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.78%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Terranova Ken | $2,680,000 | Oceanview Title | |
| Terranova Ken | $2,680,000 | Oceanview Title | |
| 810 Highway 71 Llc | $860,000 | Acres Land Title Ag Inc | |
| Passalacqua Mario | $1,200,000 | -- | |
| Mastrocola Michael | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Terranova Ken | $2,144,000 | |
| Closed | Terranova Ken | $2,144,000 | |
| Previous Owner | Passalacqua Mario | $960,000 | |
| Previous Owner | Mastrocola Michael | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2024 08/13/24 | Sold | $2,680,000 | -1.7% | $866 / Sq Ft |
| 07/08/2024 07/08/24 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | Price Changed | $2,725,000 | -2.6% | $880 / Sq Ft |
| 04/17/2024 04/17/24 | Price Changed | $2,799,000 | -6.5% | $904 / Sq Ft |
| 03/14/2024 03/14/24 | Price Changed | $2,995,000 | -6.3% | $968 / Sq Ft |
| 02/13/2024 02/13/24 | Price Changed | $3,195,000 | -6.8% | $1,032 / Sq Ft |
| 01/11/2024 01/11/24 | For Sale | $3,429,000 | -- | $1,108 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $12,726 | $2,694,400 | $2,151,800 | $542,600 |
| 2024 | $12,499 | $2,602,400 | $1,948,800 | $653,600 |
| 2023 | $12,499 | $2,484,800 | $1,846,500 | $638,300 |
| 2022 | $11,615 | $2,287,600 | $1,679,700 | $607,900 |
| 2021 | $11,615 | $1,935,900 | $1,377,500 | $558,400 |
| 2020 | $11,497 | $1,860,400 | $1,315,400 | $545,000 |
| 2019 | $11,424 | $1,813,400 | $1,276,000 | $537,400 |
| 2018 | $11,408 | $1,816,600 | $1,276,000 | $540,600 |
| 2017 | $11,187 | $1,787,000 | $1,276,000 | $511,000 |
| 2016 | $8,930 | $1,307,400 | $771,600 | $535,800 |
| 2015 | $8,990 | $1,288,000 | $752,200 | $535,800 |
| 2014 | $8,672 | $1,264,200 | $728,400 | $535,800 |
Source: Public Records
Agents Affiliated with this Home
-
Walter Kimm
-
Michelle Schneider
Buyer's Agent in 2024
Michelle Schneider
BHHS Fox & Roach
(732) 673-6120
2 in this area
69 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22401026
APN: 47-00069-0000-00010
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Information is deemed reliable but not guaranteed.
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