$470,000
SOLD MAR 15, 2018

114 Walnut Dr Unit 4 Spring Lake, NJ 07762

2 Beds
2 Baths
1,347 Sq Ft
$365/mo HOA Fee

Recently Sold

$349 Per Sq Ft

110 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Tennis Courts
  • Outdoor Pool
  • 1 Fireplace
  • 1 Car Detached Garage

About This Home

As of October 2020

Highly desirable Fairway Mews two bedroom, two bathroom ranch located less than 1 1/2 miles to pristine Spring Lake beach. Immaculate condition, with new water heater, heating system, and central A/C compressor. Spacious living and dining rooms, kitchen, bedrooms and private patio. Perfect gated community location near beach, shopping and restaurants.

Last Agent to Sell the Property

Bret Violette

Berkshire Hathaway HomeServices Signature Properties Listed on: 07/09/2017

Last Buyer's Agent

Frank Carmody

The MacGowan Agency, Inc. License #0559376

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,723

Year Built

  • Built in 1978

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Visitor Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Patio

Location

  • Lower Level

Schools

  • Spring Lake Heights Middle School
  • Manasquan High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 48-00042-03-00041

Community Details

Overview

  • Association fees include common area, exterior maint, pool
  • Fairway Mews Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Dogs Allowed

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,723

Year Built

Built in 1978

Lot Details

0

HOA Fees

$365 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Association, Pool, Golf Course, Clubhouse, Common Area
  • Reso Association Fee Includes: Common Area, Exterior Maint, Pool
  • Subdivision Name: Fairway Mews
  • Architectural Style: Lower Level, Detached, One Level Unit
  • Property Attached Yn: Yes
  • Year Built: 1978
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Location Middle School: Spring Lake Heights
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Allowable Dogs: Yes
  • Common Elements Clubhouse: Yes
  • Garage Oversized: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Common Elements Golf Course: Yes
  • Cooling Multi Units: Yes
  • Parking Visitor: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Visitor, Oversized
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, 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

  • Senior Community: No
  • Association Fee: 365.0
  • 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: 2016
  • Tax Annual Amount: 5723.0

MLS Schools

  • High School: Manasquan

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%
Current Estimated Value
$738,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,644
Avg. Annual Appreciation
9.26%
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 Type Sale Price Title Company
Deed $465,000 Trident Abstract Ttl Agcy Ll
Deed $465,000 Trident Abstract Title
Deed $470,000 None Available
Bargain Sale Deed $310,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $372,000 New Conventional
Closed $372,000 New Conventional
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: 21726739

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00042-03-00041