16 Magnolia Dr Spring Lake, NJ 07762
2
Beds
2.5
Baths
1,786
Sq Ft
$370/mo
HOA Fee
Highlights
- Golf Course Community
- Clubhouse
- Loft
- Outdoor Pool
- Wood Flooring
- Tennis Courts
About This Home
As of October 2020Fairway Mews is a gated community. The 2 bedroom 2.5 bath home with golf course views backs to 7th fairway. The kitchen with its new modern stainless steel appliances sits directly off family room with gas fireplace. Freshly painted interior. Popular Seaview D model. Second level welcomes you with sun dredged generous loft area (easily converts to third bedroom) and plantation shutters.. Master bedroom with en-suite and large closets. Second bedroom is queen sized. One car garage with direct access. Community amenities include 24 hour security/gated community; 18 hole executive golf course; pro-shop; tennis courts, swimming pool; newly renovated clubhouse; see mo all ideally located close to the beach and Spring Lake quaint town shopping.
Last Agent to Sell the Property
Compass New Jersey , LLC License #0559914 Listed on: 08/21/2020
Last Buyer's Agent
Megan Schnurr
Ocean Pointe
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,185
Year Built
- Built in 1978
HOA Fees
- $370 Monthly HOA Fees
Parking
- 1 Car Garage
- Garage Door Opener
- Driveway
- Assigned Parking
Home Design
- Brick Veneer
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,786 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Awning
- Window Screens
- Sliding Doors
- Family Room
- Living Room
- Dining Room
- Loft
- Walkup Attic
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Microwave
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom Bathtub Only
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Outdoor Pool
- Patio
Schools
- Spring Lake Heights Elementary And Middle School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Exclusions: Personal belongings
- Assessor Parcel Number 48-00042-04-00063
Community Details
Overview
- Front Yard Maintenance
- Association fees include trash, common area, lawn maintenance, mgmt fees, pool, snow removal
- Fairway Mews Subdivision, Seaview D Floorplan
Amenities
- Common Area
- Clubhouse
- Community Center
- Recreation Room
Recreation
- Golf Course Community
- Tennis Courts
- Bocce Ball Court
- Community Pool
- Snow Removal
Pet Policy
- Dogs and Cats Allowed
Security
- Security Guard
- Resident Manager or Management On Site
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2020
Closed on
Oct 2, 2020
Sold by
Maiorani Gerard
Bought by
Swingle Christopher and Swingle Annemarie
Seller's Agent
Megan Schnurr
Keller Williams Realty Spring Lake
Buyer's Agent
Megan Schnurr
Ocean Pointe
Sold Price
$74,400
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
$834,827
Avg. Annual Appreciation
7.86%
Original Mortgage
$492,000
Outstanding Balance
$440,796
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$446,267
Purchase Details
Closed on
Jul 20, 2020
Sold by
Reiner George S
Bought by
Maiorani Gerard C
Purchase Details
Closed on
Oct 6, 1983
Bought by
Reiner George S and Reiner Audrey T
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $615,000 | Trident Abstract Ttl Agcy Ll | |
| Deed | $615,000 | Trident Abstract Title | |
| Bargain Sale Deed | $490,000 | Associated Title Agency | |
| Deed | $124,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $492,000 | New Conventional | |
| Closed | $492,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2023 09/19/23 | Rented | $84,000 | +2300.0% | -- |
| 09/12/2023 09/12/23 | Under Contract | -- | -- | -- |
| 09/08/2023 09/08/23 | For Rent | $3,500 | -95.3% | -- |
| 10/31/2020 10/31/20 | Rented | $74,400 | +2154.5% | -- |
| 10/26/2020 10/26/20 | Under Contract | -- | -- | -- |
| 10/03/2020 10/03/20 | For Rent | $3,300 | 0.0% | -- |
| 10/02/2020 10/02/20 | Sold | $615,000 | +2.5% | $344 / Sq Ft |
| 08/25/2020 08/25/20 | Pending | -- | -- | -- |
| 08/20/2020 08/20/20 | For Sale | $599,900 | -- | $336 / 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 | $8,494 | $795,000 | $524,500 | $270,500 |
| 2023 | $8,494 | $758,400 | $467,500 | $290,900 |
| 2022 | $8,209 | $664,400 | $375,000 | $289,400 |
| 2021 | $8,209 | $608,100 | $345,000 | $263,100 |
| 2020 | $7,176 | $528,400 | $360,000 | $168,400 |
| 2019 | $7,185 | $523,700 | $360,000 | $163,700 |
| 2018 | $7,209 | $511,300 | $360,000 | $151,300 |
| 2017 | $6,928 | $509,400 | $360,000 | $149,400 |
| 2016 | $7,227 | $524,800 | $360,000 | $164,800 |
| 2015 | $6,187 | $450,600 | $290,000 | $160,600 |
| 2014 | $6,203 | $461,900 | $290,000 | $171,900 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Megan Schnurr
Keller Williams Realty Spring Lake
(732) 221-5673
3 in this area
98 Total Sales
-
Buyer's Agent in 2023
Gregory DeTommaso
BHHS Fox & Roach
(908) 209-1188
27 Total Sales
-
D
Seller's Agent in 2020
Deborah Maiorani
Compass New Jersey , LLC
(732) 740-7015
2 in this area
12 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22028559
APN: 48-00042-04-00063
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