NOT LISTED FOR SALE

13 Salem Ave Spring Lake, NJ 07762

Estimated Value: $3,507,000 - $4,307,000

5 Beds
3 Baths
2,548 Sq Ft
$1,524/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $3,500,000 $1,374 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $21,613/month

76 Days on Market

Highlights

  • Oceanside
  • Deck
  • No HOA
  • Cape Cod Architecture
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of January 2024

Your Dream Beachside Retreat Awaits -Nestled on the pristine South end of captivating Spring Lake, a mere stone's throw away from the iconic South End Pavilion. A stunning residence that combines the perfect blend of location, luxury, and timeless charm. Boasting 5 bedrooms and 3 full baths, this meticulously designed home caters effortlessly to both family living and grand entertaining. The resplendent hardwood floors throughout exude a sense of timeless sophistication, while the delightful arched doorways and the inviting fireplace in the living room create a warm and welcoming ambiance. A Charming Community - Where Happy Neighbors Become Friends. Spring Lake awaits with its quaint and enchanting downtown, a haven for boutique shopping and gourmet dining. The two pavilions featuring saltwater pools offer a refreshing escape during warm summer days, while nearby parks beckon with tennis and pickleball courts for outdoor enthusiasts. Don't miss the opportunity to explore Mariucci Memorial Park in the North End and Divine Park, a serene oasis overlooking the picturesque Lake, where happy moments unfold.

Last Agent to Sell the Property

Pamela Farmer

Coldwell Banker Realty License #0340595 Listed on: 09/06/2023

Coldwell Banker Realty

Last Buyer's Agent

Cindy Napp

Diane Turton, Realtors-Spring Lake License #1005282

Diane Turton, Realtors-Spring Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,209

Year Built

  • Built in 1936

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,548 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Family Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Home Security System

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Oceanside
  • Balcony
  • Deck
  • 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
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00019-0000-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,209

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Security System, Stove, Refrigerator, Freezer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Cape
  • Reso Flooring: Cement
  • Reso Interior Features: Attic - Walk Up
  • Year Built: 1936
  • Contract Info List PriceSqFt: 1490.97
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Exterior Sprinkler Under: Yes
  • Living Room Fireplace - Gas7: Yes
  • Style Cape: Yes
  • ExteriorDeck: Yes
  • Included Security System2: Yes
  • Interior Attic - Walk Up: Yes
  • Exterior Security System3: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Appliances Included:Freezer: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exclusions: Personal property
  • Exterior Features: Balcony, Deck, Fence, Security System, Sprinkler Under, Porch - Covered
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Baseboard, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00019-0000-00010
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 14209.0

MLS Schools

  • Elementary School: H. W. Mountz
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Jan 23, 2024
Sold by
Micallef Richard and Micallef Kim
Bought by
Savoy Eric and Schwieger Denise
Seller's Agent
Pamela Farmer
Coldwell Banker Realty
Buyer's Agent
Cindy Napp
Diane Turton, Realtors-Spring Lake
List Price
$3,799,000
Sold Price
$3,500,000
Premium/Discount to List
-$299,000
-7.87%
Views
352
Current Estimated Value
$3,884,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,381
Avg. Annual Appreciation
5.64%
Original Mortgage
$1,000,000
Outstanding Balance
$979,115
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$2,905,266

Purchase Details

Listed on
Aug 30, 2012
Closed on
Nov 29, 2012
Sold by
Waterwash James S and Waterwash Clarolyn J
Bought by
Micallef Richard and Micallef Kim
Seller's Agent
Richard Martel
Berkshire Hathaway HomeServices New Jersey Properties
Buyer's Agent
Pamela Farmer
Coldwell Banker Realty
Sold Price
$1,624,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$1,299,920
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2007
Sold by
Waterwash James S and Waterwash Clarolyn J
Bought by
Waterwash James S and Waterwash Clarolyn J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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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
Savoy Eric $3,500,000 Surety Title
Savoy Eric $3,500,000 Surety Title
Micallef Richard $1,624,900 None Available
Waterwash James S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savoy Eric $1,000,000
Closed Savoy Eric $1,000,000
Previous Owner Micallef Richard $1,299,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2024 01/12/24 Sold $3,500,000 -7.9% $1,374 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $3,799,000 +133.8% $1,491 / Sq Ft
11/30/2012 11/30/12 Sold $1,624,900 -- $638 / Sq Ft View Prior Sale
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 $14,159 $3,513,900 $3,002,500 $511,400
2024 $14,381 $2,895,400 $2,782,500 $112,900
2023 $14,381 $2,859,100 $2,748,900 $110,200
2022 $11,628 $2,748,300 $2,643,300 $105,000
2021 $11,628 $1,938,000 $1,843,000 $95,000
2020 $11,676 $1,889,300 $1,798,000 $91,300
2019 $11,678 $1,853,600 $1,765,000 $88,600
2018 $11,627 $1,851,500 $1,765,000 $86,500
2017 $11,467 $1,831,800 $1,750,000 $81,800
2016 $10,817 $1,583,700 $1,226,400 $357,300
2015 $11,375 $1,629,700 $1,272,400 $357,300
2014 $12,104 $1,764,400 $1,407,100 $357,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22324206

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00019-0000-00010