NOT LISTED FOR SALE

16 Worthington Ave Spring Lake, NJ 07762

Estimated Value: $5,145,000 - $6,061,000

7 Beds
4 Baths
3,800 Sq Ft
$1,461/Sq Ft Est. Value

About This Home

4th House from the Beach, with OCEAN VIEWS. Life is better by the sea. 3-story, 7 bedroom home. 1.5 car attached garage. Large, spacious driveway. Fully furnished wraparound porch. Large kitchen with island and Aga range. Outdoor shower. Second floor open terrace. Desk and printer 3rd floor. Available: Months of: June $40,000; July $60,000; August $60,000 or June, July and August $150,000 summer season.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Mcdermott Wiliam J and Mcdermott Kathleen B
Bought by
Sea Esta Llc
Current Estimated Value
$5,552,092

Purchase Details

Closed on
Nov 30, 1999
Sold by
Brennan Dolores
Bought by
Mcdermott William and Mcdermott Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Sea Esta Llc $5,175,000 Foundation Title
Mcdermott William $1,062,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdermott William J $2,520,000
Previous Owner Mcdermott William J $1,400,000
Previous Owner Mcdermott William $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Rented $150,000 +150.0% --
01/20/2023 01/20/23 For Rent $60,000 +275.0% --
07/09/2014 07/09/14 Rented $16,000 -- --

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 $25,647 $5,225,100 $4,363,400 $861,700
2023 $25,647 $5,098,900 $4,257,400 $841,500
2022 $22,333 $4,743,500 $3,942,200 $801,300
2021 $22,333 $3,722,100 $2,997,300 $724,800
2020 $21,772 $3,522,900 $2,826,300 $696,600
2019 $22,068 $3,502,800 $2,826,300 $676,500
2018 $21,896 $3,486,700 $2,826,300 $660,400
2017 $21,153 $3,379,100 $2,755,000 $624,100
2016 $21,038 $3,080,200 $2,291,900 $788,300
2015 $21,500 $3,080,200 $2,291,900 $788,300
2014 $21,130 $3,080,200 $2,291,900 $788,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kathleen McDermott

    Christine Keating Realty

    (215) 385-4832

    Section Image
  • Patricia Zifchak

    Buyer's Agent in 2023

    Patricia Zifchak

    O'Brien Realty, LLC

    (732) 996-3206

    19 Total Sales

    Patricia Zifchak
    Section Image
  • Pamela Farmer

    Seller's Agent in 2014

    Pamela Farmer

    Coldwell Banker Realty

    2 in this area

    27 Total Sales

    Pamela Farmer
    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Mary Jane Farmer

    Coldwell Banker Realty

  • L

    Buyer's Agent in 2014

    Linda De Mendoza

    Ward Wight Sotheby's International Realty

    (732) 449-5959

    1 Total Sale

    Linda De Mendoza
    Section Image
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Map

New Jersey Monmouth County Spring Lake 07762

16 Worthington Ave, Spring Lake, NJ

This home is located at 16 Worthington Ave, Spring Lake, NJ 07762 and is currently estimated at $5,552,092, approximately $1,461 per square foot. 16 Worthington Ave is a home located in Monmouth County with nearby schools including St. Catharine School and St Rose High School.

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