$577,000
SOLD FEB 20, 2025

1703 Drummond Ct Asbury Park, NJ 07712

3 Beds
1 Bath
1,032 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$559 Per Sq Ft

17% Below List Price

104 Days on Market

Highlights

  • Lake Front
  • Deck
  • No HOA
  • Lake On Lot
  • Wood Flooring
  • Living Room

About This Home

As of February 2025

LakeFront Ranch home! Renovate or build in Asbury Park's most sought-after NW neighborhood! 50 X 115 lot directly on Deal Lake with endless possibilities! Inside there are 3 Bedrooms, 1 full bath, an eat-in kitchen and living room overlooking the lake; a full basement with high ceilings, sump pump, partial french drain and newer heating and hot water systems. Beautiful views. Old steps and tiered landings down to the water. Make this your dream home!

Last Agent to Sell the Property

Peter Boulos

Douglas Elliman of NJ LLC License #1859296 Listed on: 09/26/2024

Douglas Elliman of NJ LLC

Last Buyer's Agent

Peter Boulos

Douglas Elliman of NJ LLC License #1859296 Listed on: 09/26/2024

Douglas Elliman of NJ LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,374

Year Built

  • Built in 1955

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 115
  • Lake Front

Home Design

  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Lake On Lot
  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-02002-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,374

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lake
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Cement
  • Reso Interior Features: Attic - Pull Down Stairs
  • Year Built: 1955
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.13
  • General Property Info Lot Dimensions: 50 x 115
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Cooling None12: Yes
  • Siding Clapboard: Yes
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Basement3: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.13
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Clapboard
  • Exterior Features: Deck

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 115
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 04-02002-0000-00003

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10374.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Feb 18, 2025
Sold by
Guy Ernest and Scutellaro Dean
Bought by
Lutz Enterprise Llc
Seller's Agent
Peter Boulos
Douglas Elliman of NJ LLC
Buyer's Agent
Peter Boulos
Douglas Elliman of NJ LLC
List Price
$695,000
Sold Price
$577,000
Premium/Discount to List
-$118,000
-16.98%
Views
96
Current Estimated Value
$602,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,254
Avg. Annual Appreciation
7.83%
Original Mortgage
$775,205
Outstanding Balance
$774,575
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$176,768

Purchase Details

Closed on
Jan 14, 1993
Bought by
Scutellaro Lisadeanmaryjane and Scutellaro Uy
Source: Public Records

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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 Type Sale Price Title Company
Bargain Sale Deed $577,000 Trident Abstract Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $775,205 New Conventional
Previous Owner $15,815 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $577,000 -3.7% $559 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
12/04/2024 12/04/24 Price Changed $599,000 -6.3% $580 / Sq Ft
10/15/2024 10/15/24 Price Changed $639,000 -8.1% $619 / Sq Ft
10/14/2024 10/14/24 For Sale $695,000 0.0% $673 / Sq Ft
10/11/2024 10/11/24 Off Market $695,000 -- --
09/26/2024 09/26/24 For Sale $695,000 -- $673 / Sq Ft
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
2024 $10,374 $728,000 $611,600 $116,400
2023 $10,374 $671,000 $570,200 $100,800
2022 $7,618 $555,300 $475,200 $80,100
2021 $7,618 $488,600 $432,000 $56,600
2020 $7,261 $461,000 $408,100 $52,900
2019 $7,098 $430,200 $388,600 $41,600
2018 $7,137 $400,500 $363,600 $36,900
2017 $6,646 $319,500 $303,000 $16,500
2016 $6,196 $289,000 $273,000 $16,000
2015 $7,054 $318,600 $303,000 $15,600
2014 $7,190 $331,800 $316,300 $15,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22427998

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02002-0000-00003