NOT LISTED FOR SALE

16 Salem Ave Spring Lake, NJ 07762

Spring Lake Area

Estimated Value: $4,936,869 - $6,552,000

7 Beds
4.5 Baths
2,553 Sq Ft
$2,213/Sq Ft Est. Value

Sale Details

Date Sold: May 14, 2021

Last sale price $3,600,000 $1,410 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $32,679 / mo

19 Days on Market

Highlights

  • Water Views
  • Custom Home
  • Engineered Wood Flooring
  • Oceanside
  • New Kitchen
  • No HOA

About This Home

As of May 2021

This ocean block seashore colonial has a large open porch for al fresco dining and entertaining while enjoying the ocean breezes. The home has 7 spacious bedrooms on 3 levels, 4 1/2 baths including a bedroom suite on the 1st floor. There is an open floorplan between your kitchen, dining room and open covered porch for easy entertaining and large bedrooms with 2 master bedrooms with stunning ocean views. Off the kitchen is an enclosed outdoor shower plus a storage area for bikes, beach chairs and surfboards plus a basement for additional storage. You can be in by summer!

Last Agent to Sell the Property

Joanne L. Reilly

Diane Turton, Realtors-Spring Lake License #1329355 Listed on: 02/12/2021

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Marianne Dowling

Burke&Manna Real Estate Agency License #1222243

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,072

Year Built

  • Built in 1975

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 100 x 75

Home Design

  • Custom Home
  • Shore Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Light Fixtures
  • Blinds
  • French Doors
  • Living Room
  • Dining Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Parking

  • Direct Access Garage
  • Converted Garage
  • Driveway with Pavers
  • Paver Block
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Oceanside
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Schools

  • H. W. Mountz Elementary And Middle 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 47-00031-0000-00014-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,072

Year Built

Built in 1975

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block, Oceanside
  • Inclusions: Outdoor Lighting, Washer, Blinds/Shades, Dishwasher, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Shore Colonial
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood, Engineered
  • Year Built: 1975
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Foyer Floor - Engineered5: Yes
  • Dining Room Floor - Engineered2: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Kitchen Center Island: Yes
  • Kitchen Floor - Engineered3: Yes
  • Exterior Balcony2: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 100 x 75
  • Location Middle School: H. W. Mountz
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Included Outdoor Lighting: Yes
  • Foyer Floor - Wood: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Paver Block: Yes
  • Dining Room French Doors3: Yes
  • Garage Converted: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • OtherRoomsOther2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom Floor - Ceramic6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exterior Features: Balcony, Porch - Open, Storage, Porch - Covered
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: Yes
  • Parking Features: Paver Block, Driveway, Off Street, On Street, Direct Access, Converted Garage
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 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: 100 x 75
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00031-0000-00014-01
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12072.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 6, 2021
Sold by
Sleeman Andrew W and Sleeman Kimberly Ariane
Seller's Agent
Joanne L. Reilly
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Marianne Dowling
Burke&Manna Real Estate Agency
List Price
$3,699,000
Sold Price
$3,600,000
Premium/Discount to List
-$99,000
-2.68%
Current Estimated Value
$5,649,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,049,956
Avg. Annual Appreciation
8.88%
Original Mortgage
$2,600,000
Outstanding Balance
$2,296,823
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,353,133

Purchase Details

Listed on
Nov 25, 2011
Closed on
May 18, 2012
Sold by
Perez Mercedes
Bought by
Sleeman Andrew W
Seller's Agent
Linda Zoufaly
Gloria Nilson & Co. Real Estate
Buyer's Agent
Bonnie O'Malley
Bonnie O' Malley Realtor
Sold Price
$1,397,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Spring Lake, NJ

  • Megan Schnurr Real Estate Agent - Keller Williams Realty Spring Lake

    Megan Schnurr

    Keller Williams Realty Spring Lake

    (848) 281-0602

    81 Total Sales

    8 in Spring Lake

    $465K - $5M Price Range

    Megan Schnurr
     Section Image
  • Jacqueline Clark Real Estate Agent - Ward Wight Sotheby's International Realty

    Jacqueline Clark

    Ward Wight Sotheby's International Realty

    (888) 415-9247

    27 Total Sales

    1 in Spring Lake

    $1,200,000 Price

    Jacqueline Clark
     Section Image
  • Bart Dennin Real Estate Agent - Corcoran Baer & McIntosh

    Bart Dennin

    Corcoran Baer & McIntosh

    (848) 301-2665

    28 Total Sales

    1 in Spring Lake

    $3,050,000 Price

    Bart Dennin
     Section Image
  • Melanie Siliato Real Estate Agent - Cove to Coast Realty

    Melanie Siliato

    Cove to Coast Realty

    (848) 281-0742

    35 Total Sales

    2 in Spring Lake

    $2.1M - $2.5M Price Range

    Melanie Siliato
     Section Image
  • Marlene Mango Real Estate Agent - Diane Turton, Realtors-Brick

    Marlene Mango

    Diane Turton, Realtors-Brick

    (848) 277-0817

    96 Total Sales

    1 in Spring Lake

    $1,500,000 Price

    Marlene Mango
     Section Image
  • Mark Cowan Real Estate Agent - The Gallery Residential Brokerage

    Mark Cowan

    Responds Quickly

    The Gallery Residential Brokerage

    (609) 400-4533

    36 Total Sales

    2 in Spring Lake

    $2.2M - $2.9M Price Range

    Mark Cowan
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- $3,600,000 Oceanview Title
Sleeman Andrew W $1,397,775 Old Republic National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $2,600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $3,600,000 -2.7% $1,410 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $3,699,000 +164.6% $1,449 / Sq Ft
05/18/2012 05/18/12 Sold $1,397,775 -- $548 / Sq Ft View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,860 $4,662,400 $3,111,200 $1,551,200
2025 $19,860 $4,345,700 $2,859,200 $1,486,500
2024 $19,587 $4,119,200 $2,091,600 $2,027,600
2023 $19,587 $3,894,000 $1,913,700 $1,980,300
2022 $13,149 $3,624,600 $1,739,100 $1,885,500
2021 $13,149 $2,031,700 $1,424,000 $607,700
2020 $12,159 $1,967,400 $1,383,300 $584,100
2019 $12,072 $1,916,200 $1,349,000 $567,200
2018 $11,949 $1,902,700 $1,349,000 $553,700
2017 $11,426 $1,825,300 $1,302,000 $523,300
2016 $10,036 $1,469,400 $1,119,700 $349,700
2015 $10,550 $1,401,500 $1,161,700 $239,800
2014 $10,459 $1,524,600 $1,284,800 $239,800
Source: Public Records

Agents Affiliated with this Home

  • Joanne L. Reilly Real Estate Agent - Diane Turton, Realtors-Spring Lake

    Seller's Agent in 2021

    Joanne L. Reilly

    Diane Turton, Realtors-Spring Lake

    (732) 233-0227

    28 Total Sales

    Joanne L. Reilly
    Section Image
  • Marianne Dowling Real Estate Agent - Burke&Manna Real Estate Agency

    Buyer's Agent in 2021

    Marianne Dowling

    Burke&Manna Real Estate Agency

    (732) 319-3972

    20 Total Sales

    Marianne Dowling
    Section Image

  • LZ

    Seller's Agent in 2012

    Linda Zoufaly

    BHHS Fox & Roach

  • Bonnie O'Malley Real Estate Agent - Bonnie O' Malley Realtor

    Buyer's Agent in 2012

    Bonnie O'Malley

    Bonnie O' Malley Realtor

    (732) 996-7649

    17 Total Sales

    Bonnie O'Malley
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22104003

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00031-0000-00014-01

New Jersey Monmouth County Spring Lake 07762

16 Salem Ave, Spring Lake, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.