14 Mercer Ave Spring Lake, NJ 07762
Estimated Value: $4,744,000 - $6,487,000
5
Beds
4.5
Baths
3,766
Sq Ft
$1,506/Sq Ft
Est. Value
Highlights
- Ocean View
- Wood Flooring
- No HOA
- Custom Home
- Whirlpool Bathtub
- Ceiling height of 9 feet on the main level
About This Home
As of October 2019Perfectly situated just 4 homes to one of our nation's most beautiful beaches and boardwalk. Enjoy ocean views from the large wrap around porch and yet...also just 6 homes from the picturesque Divine Park path that circles the iconic Spring Lake dotted with Sugar Maples, Grand Oaks, timbered foot bridges and stately fountain into town. This 16 year young home features 5 bedrooms in total with one en suite on the first floor and 4 1/2 baths. The generously sized family room with real masonry fireplace is adjacent to a lovely kitchen and breakfast room. To complete this package there is a full bath and catering kitchen in the large finished lower level. This home, this superior location...this is Spring Lake at its best.
Last Agent to Sell the Property
Patrick Butera
RE/MAX Paradigm Realty Group Listed on: 10/22/2018
Last Buyer's Agent
Donna Fahy-Waters
Coldwell Banker Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,381
Year Built
- Built in 2002
Lot Details
- Lot Dimensions are 75 x 150
Parking
- 2 Car Garage
Home Design
- Custom Home
- Shore Colonial Architecture
- Shingle Roof
Interior Spaces
- 3,766 Sq Ft Home
- 3-Story Property
- Built-In Features
- Crown Molding
- Ceiling height of 9 feet on the main level
- Recessed Lighting
- Light Fixtures
- Gas Fireplace
- Wood Flooring
- Ocean Views
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
Kitchen
- Breakfast Bar
- Gas Cooktop
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bathroom is a Full Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Whirlpool Bathtub
Laundry
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
- Porch
Schools
- H. W. Mountz Elementary And Middle School
- Manasquan High School
Utilities
- Zoned Heating and Cooling
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 47-00056-0000-00007-05
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2018
Closed on
Oct 14, 2019
Sold by
Teasley John C and Teasley Carol B
Bought by
Its A Shore Thing Llc
Seller's Agent
Patrick Butera
RE/MAX Paradigm Realty Group
Buyer's Agent
Donna Fahy-Waters
Coldwell Banker Realty
Sold Price
$3,377,000
Total Days on Market
311
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
$2,295,508
Avg. Annual Appreciation
9.61%
Original Mortgage
$1,000,000
Outstanding Balance
$807,466
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$4,865,042
Purchase Details
Closed on
Jun 3, 2002
Sold by
Beachfront Warren
Bought by
Teasley John and Teasley Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.8%
Similar Homes in Spring Lake, NJ
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 |
|---|---|---|---|
| Its A Shore Thing Llc | $3,377,000 | Carnegie Title Llc | |
| Teasley John | $2,250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Its A Shore Thing Llc | $1,000,000 | |
| Previous Owner | Teasley Carol B | $500,000 | |
| Previous Owner | Teasley John | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2019 10/18/19 | Sold | $3,377,000 | -- | $897 / 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 | $25,311 | $5,165,100 | $4,244,800 | $920,300 |
| 2023 | $25,311 | $5,032,100 | $4,133,300 | $898,800 |
| 2022 | $20,871 | $4,692,300 | $3,827,200 | $865,100 |
| 2021 | $20,871 | $3,394,300 | $2,687,700 | $706,600 |
| 2020 | $22,063 | $3,570,000 | $2,725,000 | $845,000 |
| 2019 | $22,460 | $3,565,000 | $2,725,000 | $840,000 |
| 2018 | $22,382 | $3,564,000 | $2,725,000 | $839,000 |
| 2017 | $21,553 | $3,442,900 | $2,650,000 | $792,900 |
| 2016 | $21,397 | $3,132,800 | $2,172,800 | $960,000 |
| 2015 | $21,867 | $3,132,800 | $2,172,800 | $960,000 |
| 2014 | $20,580 | $3,000,000 | $2,172,800 | $827,200 |
Source: Public Records
Agents Affiliated with this Home
-
P
Seller's Agent in 2019
Patrick Butera
RE/MAX
-
Donna Fahy-Waters
Buyer's Agent in 2019
Donna Fahy-Waters
Coldwell Banker Realty
(908) 601-0645
2 in this area
24 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21839035
APN: 47-00056-0000-00007-05
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