205 Newark Ave Spring Lake, NJ 07762
Estimated Value: $4,634,000 - $5,917,000
5
Beds
4.5
Baths
4,624
Sq Ft
$1,105/Sq Ft
Est. Value
Highlights
- Custom Home
- Wood Flooring
- No HOA
- 0.34 Acre Lot
- Bonus Room
- Balcony
About This Home
As of June 2024GREAT NEW PRICE....BE IN FOR SUMMER 2024...LOCATION, LOCATION, LOCATION...Incredibly RARE opportunity for such a highly desirable location....this unique home is ideally situated on a 100x150 lot, in close proximity to all the wonders of Spring lake, the community theatre, town, restaurants,beaches & more. Home features 5 bedrooms, 4 full baths, 1 half bath - 3 finished levels of living space, use as existing or expand on the endless possibilities that a 100 x 150 lot, located on one of the most desirable streets in Spring Lake has to offer....outstanding opportunity here!
Last Agent to Sell the Property
Ward Wight Sotheby's International Realty License #0560338 Listed on: 11/22/2023
Last Buyer's Agent
Christine Keating
Global Realty Group
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,670
Year Built
- Built in 1920
Lot Details
- 0.34 Acre Lot
- Oversized Lot
Parking
- 2 Car Detached Garage
- Oversized Parking
- Parking Storage or Cabinetry
- Double-Wide Driveway
- Off-Street Parking
Home Design
- Custom Home
- Shingle Roof
Interior Spaces
- 4,624 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- Recessed Lighting
- Fireplace
- French Doors
- Bonus Room
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Home Security System
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- Balcony
- Patio
- Porch
Schools
- H. W. Mountz Elementary And Middle School
Utilities
- Forced Air Zoned Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Personal Property & Furnishings - detailed list of exclusions attached under documents link.
- Assessor Parcel Number 47-00091-0000-00003-01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2023
Closed on
Jun 11, 2024
Sold by
Solazzo Megan and Anita Guglielmo Testamentary Trust
Bought by
Scotto Louis James and Scotto Geraldine E
Seller's Agent
Keith Kernan
Ward Wight Sotheby's International Realty
Buyer's Agent
Christine Keating
Global Realty Group
List Price
$5,635,000
Sold Price
$4,500,000
Premium/Discount to List
-$1,135,000
-20.14%
Total Days on Market
151
Views
311
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,705
Avg. Annual Appreciation
13.72%
Purchase Details
Closed on
Dec 24, 2015
Sold by
Guglielmo Anita H and Guglielmo Richard J
Bought by
Zablocki Georgiana and Anita Guglielmo Testamentary Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.96%
Purchase Details
Closed on
Mar 11, 2010
Sold by
Guglielmo Richard J and Guglielmo Anita
Bought by
Guglielmo Richard J and Guglielmo Anita
Purchase Details
Closed on
Jul 22, 1994
Sold by
Darche Hannah
Bought by
Craig Walter and Craig Andrea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
8.19%
Similar Homes in Spring Lake, NJ
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 |
|---|---|---|---|
| Scotto Louis James | $4,500,000 | Trident Abstract Title | |
| Zablocki Georgiana | -- | -- | |
| Guglielmo Richard J | -- | None Available | |
| Craig Walter | $430,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zablocki Georgiana | -- | |
| Previous Owner | Guglielmo Richard J | $411,000 | |
| Previous Owner | Guglielmo Richard J | $417,000 | |
| Previous Owner | Guglielmo Richard J | $100,000 | |
| Previous Owner | Craig Walter | $495,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2024 06/20/24 | Sold | $4,500,000 | -2.1% | $973 / Sq Ft |
| 04/22/2024 04/22/24 | Pending | -- | -- | -- |
| 04/01/2024 04/01/24 | Price Changed | $4,595,000 | -8.0% | $994 / Sq Ft |
| 03/04/2024 03/04/24 | Price Changed | $4,995,000 | -8.1% | $1,080 / Sq Ft |
| 01/22/2024 01/22/24 | Price Changed | $5,435,000 | -3.5% | $1,175 / Sq Ft |
| 11/22/2023 11/22/23 | For Sale | $5,635,000 | -- | $1,219 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
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 |
|---|---|---|---|---|
| 2024 | $19,912 | $4,058,400 | $3,158,000 | $900,400 |
| 2023 | $19,912 | $3,958,600 | $3,079,200 | $879,400 |
| 2022 | $17,010 | $3,611,300 | $2,774,000 | $837,300 |
| 2021 | $17,010 | $2,918,400 | $2,161,000 | $757,400 |
| 2020 | $17,489 | $2,830,000 | $2,102,000 | $728,000 |
| 2019 | $17,053 | $2,706,900 | $2,000,000 | $706,900 |
| 2018 | $16,893 | $2,690,000 | $2,000,000 | $690,000 |
| 2017 | $16,603 | $2,652,200 | $2,000,000 | $652,200 |
| 2016 | $17,424 | $2,551,100 | $1,553,400 | $997,700 |
| 2015 | $17,512 | $2,508,900 | $1,511,200 | $997,700 |
| 2014 | $16,750 | $2,441,700 | $1,444,000 | $997,700 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Kernan
Seller's Agent in 2024
Keith Kernan
Ward Wight Sotheby's International Realty
(732) 501-1584
4 in this area
44 Total Sales
-
C
Buyer's Agent in 2024
Christine Keating
Global Realty Group
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22331732
APN: 47-00091-0000-00003-01
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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.
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