NOT LISTED FOR SALE

1309 Ocean Ave Spring Lake, NJ 07762

Estimated Value: $7,081,000 - $8,792,000

6 Beds
8 Baths
5,134 Sq Ft
$1,574/Sq Ft Est. Value

About This Home

This home is located at 1309 Ocean Ave, Spring Lake, NJ 07762 and is currently estimated at $8,082,151, approximately $1,574 per square foot. 1309 Ocean Ave is a home located in Monmouth County with nearby schools including St. Catharine School and St Rose High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Golbert Maury D and Erika E Zauner 2012 Trust
Bought by
Melchiorre Mark and Melchiorre Erika
Current Estimated Value
$8,082,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,725,000
Outstanding Balance
$4,312,035
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$4,127,937

Purchase Details

Closed on
Dec 26, 2012
Sold by
Zauner Anna E and Zauner Anton
Bought by
Erika E Zauner 2012 Trust

Purchase Details

Closed on
Dec 22, 2012
Sold by
Zauner Anna E
Bought by
Zauner Anna E and Zauner Anton

Purchase Details

Closed on
Mar 15, 1999
Sold by
Neville Ray
Bought by
Zauner Anton and Zauner Anna

Purchase Details

Closed on
Jun 29, 1998
Sold by
Lynch Rosemary
Bought by
Neville Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

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
Melchiorre Mark $6,300,000 Oceanview Title Agency Llc
Erika E Zauner 2012 Trust -- Lawyers Title
Zauner Anna E -- None Available
Zauner Anton $957,500 --
Neville Ray $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melchiorre Mark $4,725,000
Previous Owner Hoffman Sean $361,500
Previous Owner Neville Ray $650,000
Source: Public Records

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 $33,950 $6,941,700 $4,282,800 $2,658,900
2023 $33,950 $6,749,500 $4,152,800 $2,596,700
2022 $26,434 $6,376,900 $3,881,200 $2,495,700
2021 $26,434 $4,405,700 $3,007,000 $1,398,700
2020 $26,592 $4,302,900 $2,926,400 $1,376,500
2019 $26,096 $4,142,300 $2,790,000 $1,352,300
2018 $26,002 $4,140,500 $2,790,000 $1,350,500
2017 $25,456 $4,066,400 $2,790,000 $1,276,400
2016 $29,934 $4,382,700 $2,700,000 $1,682,700
2015 $30,711 $4,399,800 $2,717,100 $1,682,700
2014 $30,957 $4,512,700 $2,830,000 $1,682,700
Source: Public Records

Map