NOT LISTED FOR SALE

16 Pitney Ave Spring Lake, NJ 07762

Estimated Value: $5,725,924 - $8,289,000

5 Beds
6 Baths
2,872 Sq Ft
$2,539/Sq Ft Est. Value

Last Sold August 21, 2014

Last sale price $3,500,000 $1,219 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $40,937/month

482 Days on Market

Highlights

  • Ocean View
  • Curved or Spiral Staircase
  • Marble Flooring
  • Custom Home
  • Conservatory Room
  • Marble Bathroom Countertops

About This Home

As of August 2014

The architecture of this magnificent custom home blends the charm and elegance of Old World Spring Lake with elements of contemporary style and function. The unique design of this extraordinary home affords spectacular views of the ocean and Lake Como from every room. Old world craftsmanship and the highest level of materials define this wonderful home. This special home must be toured to fully appreciate all that it has to offer.

Last Agent to Sell the Property

James Joseph Mcconnell

D'Amico & McConnell Realtors License #9234194 Listed on: 03/08/2013

Last Buyer's Agent

Brent Sowul

D'Amico & McConnell Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,557

Year Built

  • Built in 2009

Lot Details

  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway with Pavers
  • Paver Block
  • Off-Street Parking

Home Design

  • Custom Home
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 4-Story Property
  • Wet Bar
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Conservatory Room
  • Ocean Views
  • Walkup Attic
  • Laundry Tub

Kitchen

  • Breakfast Room
  • Butlers Pantry
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Marble Bathroom Countertops
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Patio
  • Exterior Lighting
  • 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
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00145000000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,557

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Custom, Detached
  • Reso Flooring: Ceramic Tile, Marble, Wood
  • Reso Interior Features: Attic, Attic - Walk Up, Balcony, Built-Ins, Conservatory, Dec Molding, French Doors, Laundry Tub, Loft, Wet Bar, Recessed Lighting
  • Year Built: 2009
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: IRR
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room Two Story2: Yes
  • Exterior Porch - Open: Yes
  • Exterior Sprinkler Under: Yes
  • Living Room Fireplace - Gas7: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Basement Heated: Yes
  • Garage Oversized: Yes
  • ExteriorOutdoorShower: Yes
  • Parking Paver Block: Yes
  • Kitchen Butler Pantry: Yes
  • Interior Loft: Yes
  • Interior Laundry Tub: Yes
  • Rooms Breakfast: Yes
  • Interior Attic - Walk Up: Yes
  • GreatFamily Room BayBow Window5: Yes
  • SidingCedarShake: Yes
  • Floors Marble: Yes
  • GreatFamily Room French Doors4: Yes
  • Foyer Dec Molding2: Yes
  • Foyer Circular Stair: Yes
  • Interior Conservatory: Yes
  • GreatFamily Room Wet Bar2: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Ceilings - High, Full Finished, Heated
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 15
  • Stories: 4
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Features Interior:Wet Bar: Yes
  • Other Rooms:Study: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath TRYVLTCATH2: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bath Marble7: Yes
  • Primary Bath Floor - Marble2: Yes
  • Primary Bath Bidet: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Construction Type: Shake Siding
  • Exterior Features: Outdoor Shower, Patio, Porch - Open, Sprinkler Under, Lighting

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: IRR
  • Parcel #: 00145000000001
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 30557.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
Aug 19, 2014
Sold by
Mcknight John and Mcknight Bernardina
Bought by
Prasad Amol and Prasad Rebecca
Seller's Agent
James Joseph Mcconnell
D'Amico & McConnell Realtors
Buyer's Agent
Brent Sowul
D'Amico & McConnell Realtors
Sold Price
$3,500,000
Current Estimated Value
$7,292,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,792,641
Avg. Annual Appreciation
6.83%
Original Mortgage
$2,450,000
Interest Rate
2.47%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 17, 2000
Sold by
Donoghue James
Bought by
Mcknight John and Mcknight Bernardina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Prasad Amol $3,500,000 Ln National Title Services
Mcknight John $1,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prasad Amol $2,450,000
Previous Owner Mcknight John $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2014 08/21/14 Sold $3,500,000 0.0% $1,219 / Sq Ft
08/11/2012 08/11/12 Rented $12,000 -- --
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 $27,278 $5,712,200 $4,037,800 $1,674,400
2024 $27,185 $5,578,300 $4,036,200 $1,542,100
2023 $27,185 $5,404,600 $3,898,000 $1,506,600
2022 $25,408 $4,994,800 $3,543,600 $1,451,200
2021 $25,408 $4,234,700 $2,906,000 $1,328,700
2020 $25,442 $4,116,900 $2,825,400 $1,291,500
2019 $25,439 $4,038,000 $2,770,000 $1,268,000
2018 $25,335 $4,034,300 $2,770,000 $1,264,300
2017 $24,827 $3,966,000 $2,770,000 $1,196,000
2016 $24,327 $3,561,800 $2,038,500 $1,523,300
2015 $24,296 $3,480,800 $1,957,500 $1,523,300
2014 $31,808 $4,636,800 $2,424,400 $2,212,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21239247

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00145-0000-00001