Seller's Agent in 2021
Chris Smith
Chris Smith Realty
(732) 682-5300
8 in this area
60 Total Sales
115 Mercer Ave Spring Lake, NJ 07762
Spring Lake NeighborhoodEstimated Value: $5,080,349 - $5,953,000
5
Beds
5
Baths
2,323
Sq Ft
$2,368/Sq Ft
Est. Value
Highlights
- Lake Front
- Colonial Architecture
- Whirlpool Bathtub
- Lake On Lot
- Wood Flooring
- 2 Fireplaces
About This Home
As of December 2021This is a coming soon and showings begin 10/23/21. Can't beat the location! This is the ''sweet spot'' in Spring Lake! Views of the Lake and a very short stroll to town. The best is your also a block and a half to the magnificent SL Beaches. Also a rare 2 car attached garage on this 75' wide lot! The home was newly built on it's original found in 2005. There are 3 flrs of living space with an additional full fin. base. which includes a wet bar, 1/2 bath and fireplace. There are hardwood flrs. throughout the 3 upper floors! The master bdrm has a full ensuite with a private balcony overlooking The Lake! The kitchen is well appointed with high-end SS appls. and center island. Baths are richly constructed with polished onyx and other finishes. The Mahogany porch awaits you and your visitors!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,774
Year Built
- Built in 1958
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 75 x 100
- Lake Front
- Oversized Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
- Oversized Parking
- Driveway with Pavers
- Paver Block
Home Design
- Colonial Architecture
- Shingle Roof
- Cedar Shake Siding
- Shake Siding
Interior Spaces
- 2-Story Property
- Built-In Features
- Crown Molding
- Ceiling height of 9 feet on the main level
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Window Treatments
- Window Screens
- French Doors
- Sliding Doors
- Family Room
- Sitting Room
- Living Room
- Dining Room
- Water Views
- Home Security System
Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Whirlpool Bathtub
- Steam Shower
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Finished Basement
- Heated Basement
- Fireplace in Basement
Outdoor Features
- Outdoor Shower
- Lake On Lot
- Balcony
- Exterior Lighting
Schools
- H. W. Mountz Elementary And Middle 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 47-00054-0000-00008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2021
Closed on
Jan 14, 2022
Sold by
Krameisen Elaine and Krameisen Steven
Bought by
Brehm Alexander and Conway Amanda A
Seller's Agent
Chris Smith
Chris Smith Realty
Buyer's Agent
Amy White
Ward Wight Sotheby's International Realty
List Price
$4,695,000
Sold Price
$4,525,000
Premium/Discount to List
-$170,000
-3.62%
Total Days on Market
6
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
$975,087
Avg. Annual Appreciation
1.70%
Original Mortgage
$3,620,000
Outstanding Balance
$3,394,854
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,394,763
Purchase Details
Listed on
Oct 23, 2021
Closed on
Dec 10, 2021
Sold by
Krameisen and Elaine
Bought by
Brehm Alexander and Conway Amanda A
Seller's Agent
Chris Smith
Chris Smith Realty
Buyer's Agent
Amy White
Ward Wight Sotheby's International Realty
List Price
$4,695,000
Sold Price
$4,525,000
Premium/Discount to List
-$170,000
-3.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,620,000
Outstanding Balance
$3,394,854
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,394,763
Purchase Details
Closed on
Jun 21, 2000
Sold by
King Alice
Bought by
Krameisen Steven and Krameisen Elaine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.48%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brehm Alexander | $4,525,000 | Trident Abstract Title | |
| Brehm Alexander | $4,525,000 | Trident Abstract Title | |
| Krameisen Steven | $865,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brehm Alexander | $3,620,000 | |
| Previous Owner | Krameisen Steven L | $1,200,000 | |
| Previous Owner | Krameisen Steven | $100,000 | |
| Previous Owner | Krameisen Steven | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2021 12/20/21 | Sold | $4,525,000 | -3.6% | $1,948 / Sq Ft |
| 10/29/2021 10/29/21 | Pending | -- | -- | -- |
| 10/23/2021 10/23/21 | For Sale | $4,695,000 | -- | $2,021 / 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 |
|---|---|---|---|---|
| 2024 | $22,827 | $4,848,100 | $3,199,600 | $1,648,500 |
| 2023 | $22,827 | $4,538,200 | $2,928,200 | $1,610,000 |
| 2022 | $18,113 | $3,604,700 | $2,614,500 | $990,200 |
| 2021 | $18,113 | $3,018,800 | $2,123,100 | $895,700 |
| 2020 | $17,774 | $2,876,100 | $2,015,200 | $860,900 |
| 2019 | $17,491 | $2,776,400 | $1,940,400 | $836,000 |
| 2018 | $17,311 | $2,756,500 | $1,940,400 | $816,100 |
| 2017 | $16,660 | $2,661,300 | $1,890,000 | $771,300 |
| 2016 | $13,252 | $1,940,200 | $1,468,000 | $472,200 |
| 2015 | $12,972 | $1,858,400 | $1,386,200 | $472,200 |
| 2014 | $12,139 | $1,769,600 | $1,297,400 | $472,200 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Smith
-
Amy White
A
Buyer's Agent in 2021
Amy White
Ward Wight Sotheby's International Realty
(908) 489-5147
4 in this area
16 Total Sales
Map
Similar Homes in Spring Lake, NJ
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22134522
APN: 47-00054-0000-00008
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