NOT LISTED FOR SALE

115 Monroe Ave Spring Lake, NJ 07762

Estimated Value: $6,109,000 - $7,066,562

5 Beds
7.5 Baths
5,231 Sq Ft
$1,256/Sq Ft Est. Value

Highlights

  • Heated Pool and Spa
  • 2 Car Detached Garage
  • Central Air
  • Colonial Architecture
  • Fireplace

About This Home

As of November 2023

Stunning Spring Lake summer rental located in the North End of town. Enjoy all that Spring Lake has to offer just over a block to the beach and yet a bike ride to downtown. Gorgeous custom finishes throughout - 5 bedrooms, 3 levels PLUS a beautiful finished basement equipped with 2 full baths, bar, workout room and guest space. Chef's kitchen, expansive dining room, large area for outdoor entertaining and in-ground saline pool and spa complete the package. This home has it all!

Offered for the month of July, or inquire for 2 consecutive weeks. Possibility of time into June/Aug please inquire.

Last Agent to Rent the Property

Erin Kavanaugh

Ward Wight Sotheby's International Realty License #0789652 Listed on: 10/06/2023

Ward Wight Sotheby's International Realty

Last Renter's Agent

Anita Vanden-Bulcke

Gloria Nilson & Co. Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 0.34

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • 5,231 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool

Schools

  • H. W. Mountz Elementary And Middle School

Additional Features

  • 0.34 Acre Lot
  • Central Air

Listing and Financial Details

  • Property Available on 7/1/21
  • Assessor Parcel Number 47-00134-0000-00014

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2021-07-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Heated, In Ground, With Spa
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 2010
  • Contract Info List PriceSqFt: 22.94
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 0.34
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Contract Info Available Date: 2021-07-01
  • Lease Requirements Security Deposit4: Yes
  • Pool With Spa: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Walk-Out Access, Ceilings - High, Full
  • Basement: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Acres: 0.34
  • Waterfront: No
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Off Street, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: See Remarks
  • Water Source: Public

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 47-00134-0000-00014

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2004
Sold by
Shell Lynn
Bought by
Merkler Elizabeth
Current Estimated Value
$6,568,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$560,763
Interest Rate
5.56%
Estimated Equity
$6,008,091

Purchase Details

Closed on
Feb 6, 2003
Sold by
Lee Kenneth
Bought by
Malsnee Jon and Shell Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.95%
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
Merkler Elizabeth $1,800,000 --
Malsnee Jon $1,380,000 --
Lee Kenneth $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkler Elizabeth $1,200,000
Previous Owner Lee Kenneth $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2023 11/28/23 Rented $115,000 -4.2% --
10/18/2023 10/18/23 Under Contract -- -- --
10/06/2023 10/06/23 For Rent $120,000 0.0% --
04/19/2023 04/19/23 Rented $120,000 0.0% --
09/16/2022 09/16/22 For Rent $120,000 +14.3% --
07/01/2022 07/01/22 Rented $105,000 +75.0% --
01/20/2022 01/20/22 Under Contract -- -- --
10/22/2021 10/22/21 For Rent $60,000 -- --
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 $23,528 $5,110,000 $3,420,600 $1,689,400
2024 $23,136 $4,811,400 $3,263,100 $1,548,300
2023 $23,136 $4,599,600 $3,087,500 $1,512,100
2022 $12,249 $4,261,200 $2,806,900 $1,454,300
2021 $12,249 $3,630,100 $2,301,600 $1,328,500
2020 $21,802 $3,527,900 $2,238,400 $1,289,500
2019 $21,792 $3,459,000 $2,194,500 $1,264,500
2018 $21,684 $3,452,800 $2,194,500 $1,258,300
2017 $21,182 $3,383,700 $2,194,500 $1,189,200
2016 $23,462 $3,435,100 $2,136,100 $1,299,000
2015 $23,390 $3,351,000 $2,052,000 $1,299,000
2014 $22,988 $3,351,000 $2,052,000 $1,299,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22327993

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00134-0000-00014