NOT LISTED FOR SALE

114 Walnut Dr Unit 4 Spring Lake, NJ 07762

Estimated Value: $686,532 - $751,000

2 Beds
2 Baths
1,347 Sq Ft
$375/mo HOA Fee

Last Sold October 13, 2020

Last sale price $465,000 $345 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,841/month

175 Days on Market

Highlights

  • Patio
  • Forced Air Heating and Cooling System
  • 1 Car Garage
  • Living Room
  • Dining Room

About This Home

As of October 2020

Ranch unit. Two bedroom, two bath on the East side of the Property. Newer Furnace, HW heater and AC.

Last Agent to Sell the Property

Frank Carmody

The MacGowan Agency, Inc. License #0559376 Listed on: 02/27/2020

Last Buyer's Agent

Frank Carmody

The MacGowan Agency, Inc. License #0559376 Listed on: 02/27/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,453

Year Built

  • Built in 1978

Lot Details

  • 1,350

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Spring Lake Heights Elementary And Middle School

Utilities

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

Community Details

  • Fairway Mews Subdivision

Listing and Financial Details

  • Exclusions: contents of garage.
  • Assessor Parcel Number 48-00042-03-00041

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,453

Year Built

Built in 1978

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: Fairway Mews
  • Architectural Style: Ranch, Other - See Remarks
  • Year Built: 1978
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Location Middle School: Spring Lake Heights
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style Ranch: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront: No
  • Exclusions: contents of garage.
  • Exterior Features: Patio

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 375.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Parcel #: 48-00042-03-00041

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6453.0

MLS Schools

  • Elementary School: Spring Lake Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Oct 15, 2020
Sold by
Holland Endamai Michelson and Holland Enda Mai
Bought by
Jordan Andrew and Weber Allison
Seller's Agent
Frank Carmody
The MacGowan Agency, Inc.
Buyer's Agent
Frank Carmody
The MacGowan Agency, Inc.
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%
Total Days on Market
175
Current Estimated Value
$711,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,883
Avg. Annual Appreciation
9.53%
Original Mortgage
$372,000
Outstanding Balance
$276,280
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$435,603

Purchase Details

Listed on
Jul 9, 2017
Closed on
Feb 16, 2018
Sold by
Rotolo James E and Rotolo Bonnie B
Bought by
Michelson Holland Enda Mai
Seller's Agent
Bret Violette
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Frank Carmody
The MacGowan Agency, Inc.
Sold Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.41%

Purchase Details

Closed on
Oct 15, 2009
Sold by
Schleider Eleanor M
Bought by
Rotolo James E and Rotolo Bonnie B
Source: Public Records

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Range of Values:

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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
Jordan Andrew $465,000 Trident Abstract Ttl Agcy Ll
Jordan Andrew $465,000 Trident Abstract Title
Michelson Holland Enda Mai $470,000 None Available
Rotolo James E $310,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Andrew $372,000
Closed Jordan Andrew $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $465,000 -1.9% $345 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
07/21/2020 07/21/20 Price Changed $474,000 -5.0% $352 / Sq Ft
02/27/2020 02/27/20 For Sale $499,000 +6.2% $370 / Sq Ft
03/15/2018 03/15/18 Sold $470,000 -- $349 / 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
2024 $5,873 $605,400 $401,300 $204,100
2023 $5,873 $524,400 $325,000 $199,400
2022 $6,435 $509,900 $310,000 $199,900
2021 $6,435 $476,700 $295,000 $181,700
2020 $6,449 $474,900 $310,000 $164,900
2019 $6,453 $470,300 $310,000 $160,300
2018 $5,897 $418,200 $270,000 $148,200
2017 $5,662 $416,300 $270,000 $146,300
2016 $5,723 $415,600 $290,000 $125,600
2015 $5,662 $412,400 $290,000 $122,400
2014 $4,989 $371,500 $240,000 $131,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22007865

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00042-03-00041