$6,941,000 - $7,416,658
RENTED AUG 2, 2024

1609 Ocean Ave Unit AUGUST 2024 Spring Lake, NJ 07762

5 Beds
4 Baths
2,977 Sq Ft
$2,422 Price per Sq Ft

About This Home

Oceanfront summer 2024 rental with Ocean views from your multiple porches, Gunite Heated Saltwater Pool and an Outdoor Shower. Open the windows and sleep to the sound of the waves as you summer on the Jersey Shore. 5 Beds 4 Full Baths with a bright and sunny open floor plan. Plenty of room to gather and enjoy your family and friends both inside and out. Outdoor dining overlooking the Ocean, Home office with Ocean views and a Den to relax and play. Northend Locker & Beach/Pool Badges & and chairs.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Badishkanian Gregory R and Badishkanian Kelley B
Bought by
Badishkanian Gregory R and Badishkanian Kelley B
Current Estimated Value
$7,211,553

Purchase Details

Closed on
Jun 15, 2021
Sold by
Mclaughlin Barbara B and Mclaughlin Edwin J
Bought by
Badishkanian Gregory R and Badishkanian Kelley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,024,875
Interest Rate
2.96%

Purchase Details

Closed on
May 17, 2021
Sold by
Mclaughlin Edwin J and Mclaughlin Barbara B
Bought by
Badishkanian Gregory R and Badishkanian Kelley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,024,875
Interest Rate
2.96%

Purchase Details

Closed on
Sep 24, 2018
Sold by
Mastrangelo Ralph G and Mastrangelo Francis X
Bought by
Mclaughlin Ed Win I and Mclaughlin Barbara B
Source: Public Records

Range of Values:

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Badishkanian Gregory R -- None Listed On Document
Badishkanian Gregory R $5,366,500 --
Badishkanian Gregory R $5,366,500 Trident Abstract Ttl Agcy Ll
Mclaughlin Ed Win I $3,000,000 Title Insurance Commitment
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Badishkanian Gregory R $4,024,875
Previous Owner Badishkanian Gregory R --
Previous Owner Badishkanian Gregory R $4,024,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Rented $92,000 +300.0% --
02/28/2024 02/28/24 Under Contract -- -- --
11/09/2023 11/09/23 Price Changed $23,000 +43.8% $8 / Sq Ft
10/16/2023 10/16/23 For Rent $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 $27,089 $5,899,000 $3,813,900 $2,085,100
2023 $27,089 $5,385,500 $3,349,000 $2,036,500
2022 $18,589 $5,069,100 $3,130,000 $1,939,100
2021 $18,614 $3,098,200 $2,425,000 $673,200
2020 $18,583 $3,007,000 $2,360,000 $647,000
2019 $18,278 $2,901,200 $2,250,000 $651,200
2018 $17,654 $2,811,200 $2,250,000 $561,200
2017 $17,405 $2,780,400 $2,250,000 $530,400
2016 $17,591 $2,575,500 $2,224,400 $351,100
2015 $18,076 $2,589,700 $2,238,600 $351,100
2014 $18,409 $2,683,500 $2,332,400 $351,100
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Helen Drosos-Capone

    Curran Group Real Estate Services

    (908) 489-4062

    4 in this area

    20 Total Sales

    Helen Drosos-Capone
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    Abby Boles

    Curran Group Real Estate Services

    (917) 821-2514

    4 in this area

    20 Total Sales

    Abby Boles
    Section Image
  • Jane Imburgia

    Buyer's Agent in 2024

    Jane Imburgia

    Corcoran Baer & McIntosh

    (732) 581-2492

    23 Total Sales

    Jane Imburgia
    Section Image
See All Agents

Map

New Jersey Monmouth County Spring Lake 07762

1609 Ocean Ave Unit AUGUST 2024, Spring Lake, NJ

This home is located at 1609 Ocean Ave Unit AUGUST 2024, Spring Lake, NJ 07762 and is currently estimated at $7,211,553, approximately $2,422 per square foot. 1609 Ocean Ave Unit AUGUST 2024 is a home located in Monmouth County with nearby schools including St. Catharine School and St Rose High School.

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.

Nearby Homes