202 Lorraine Ave Spring Lake, NJ 07762
Estimated Value: $3,768,811 - $4,794,000
4
Beds
3
Baths
2,490
Sq Ft
$1,687/Sq Ft
Est. Value
About This Home
This home is located at 202 Lorraine Ave, Spring Lake, NJ 07762 and is currently estimated at $4,200,953, approximately $1,687 per square foot. 202 Lorraine Ave is a home located in Monmouth County with nearby schools including St. Rose Grammar School and St Rose High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 2008
Sold by
Farmer Kevin R
Bought by
Farmer Kevin R and Dugan Deirdre
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$358,524
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,842,429
Purchase Details
Closed on
Nov 27, 2006
Sold by
Powers Anne B
Bought by
Farmer Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Outstanding Balance
$857,760
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,343,193
Purchase Details
Closed on
Sep 19, 2005
Sold by
Powers Walter
Bought by
Powers Anne B and Powers Joan F
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farmer Kevin R | -- | Transnation Title Ins Co | |
| Farmer Kevin | $2,000,000 | -- | |
| Powers Anne B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farmer Kevin R | $500,000 | |
| Open | Farmer Kevin R | $950,000 | |
| Open | Farmer Kevin | $1,450,000 |
Source: Public Records
Tax History Compared to Growth
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 | $15,551 | $3,347,400 | $2,740,000 | $607,400 |
| 2024 | $15,060 | $3,180,100 | $2,615,000 | $565,100 |
| 2023 | $15,060 | $2,994,100 | $2,442,200 | $551,900 |
| 2022 | $14,156 | $2,787,500 | $2,262,000 | $525,500 |
| 2021 | $14,135 | $2,359,300 | $1,884,000 | $475,300 |
| 2020 | $14,194 | $2,296,800 | $1,840,000 | $456,800 |
| 2019 | $14,135 | $2,243,600 | $1,800,000 | $443,600 |
| 2018 | $14,024 | $2,233,100 | $1,800,000 | $433,100 |
| 2017 | $13,830 | $2,209,300 | $1,800,000 | $409,300 |
| 2016 | $13,559 | $1,985,200 | $1,709,100 | $276,100 |
| 2015 | $13,518 | $1,936,700 | $1,660,600 | $276,100 |
| 2014 | $13,286 | $1,936,700 | $1,660,600 | $276,100 |
Source: Public Records
Map
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