NOT LISTED FOR SALE

216 Monroe Ave Spring Lake, NJ 07762

Estimated Value: $4,741,532 - $5,670,000

5 Beds
6.5 Baths
3,978 Sq Ft
$1,318/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $3,000,000 $754 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $28,618/month

169 Days on Market

Highlights

  • New Construction
  • Recreation Room
  • Great Room
  • Custom Home
  • Wood Flooring
  • Granite Countertops

About This Home

As of August 2020

Overlooking the canopy of mature trees heading toward the north end beach, this architecturally intriguing brand new 5/6 BR home will provide years of memories for your family & friends. The deep front porch & flared cedar shake siding greet you. Upon arrival, you're impressed with the hint of shiplap wall covering & French white oak flooring that are thematic throughout the home. The open floor plan suggests casual entertaining & weekend dinner parties. The gourmet Kitchen is complemented by Wolfe & SubZero appliances. The 1st level BR w/ en suite Bath is an unexpected bonus. The Master BR/Sitting Room/Bath is a stunning retreat with an expansive His/Hers closet. The finished basement, outdoor BBQ & private rear yard offer amenities that are sure to enhance your Jersey Shore lifestyle!

Last Agent to Sell the Property

Michael Skea

Ward Wight Sotheby's International Realty License #0233882 Listed on: 08/27/2019

Last Buyer's Agent

Shawn Clayton

Clayton & Clayton Inc.Realtors License #9035151

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Lot Dimensions are 50 x 150
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Custom Home
  • Shore Colonial Architecture
  • Asphalt Rolled Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 3,978 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Gas Fireplace
  • Insulated Windows
  • Blinds
  • Window Screens
  • French Doors
  • Sliding Doors
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Sitting Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Loft
  • Bonus Room
  • Wood Flooring

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Gas Grill

Schools

  • H. W. Mountz Elementary And Middle School
  • Manasquan High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00147-0000-00045

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, Washer, Wall Oven, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Double Oven, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Garage Door Opener, Gas Grill, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Detached, Shore Colonial
  • Reso Interior Features: Built-Ins, Ceilings - 9Ft+ 1st Flr, Dec Molding, Den, French Doors, In-Law Suite, Laundry Tub, Loft, Sliding Door, Recessed Lighting
  • New Construction: Yes
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 2019
  • Contract Info List PriceSqFt: 791.86
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: H. W. Mountz
  • Dining Room Floor - Wood3: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Roof Timberline: Yes
  • Rooms Bonus Room2: Yes
  • Interior In-Law Suite: Yes
  • Included Double Oven: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Rooms Sitting: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Gas Grill: Yes
  • Kitchen Butler Pantry: Yes
  • Exterior BBQ: Yes
  • Interior Loft: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Interior Laundry Tub: Yes
  • Rooms Breakfast: Yes
  • Rooms Loft2: Yes
  • Siding Cedar: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Rec Room Level Basement9: Yes
  • Foyer Dec Molding2: Yes
  • Office Level Basement12: Yes
  • Bonus Room Level Basement35: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Energy Features:Energy Appliances: Yes
  • Special Features: 4098

Interior Features

  • Basement: Finished, Full
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Appliances Included:Wall Oven: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Office2: Yes
  • Other Rooms:Rec Room: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Timberline
  • Topography: Level
  • Waterfront: No
  • Construction Type: Cedar
  • Exterior Features: BBQ, Patio, Sprinkler Under, Porch - Covered, Lighting
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Off Street, Direct Access
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 47-00147-0000-00045
  • Zoning Description: Residential, Single Family

Green Features

  • Energy Features Insulated Windows: Yes

MLS Schools

  • Elementary School: H. W. Mountz
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Cook Kathleen
Bought by
Galletti Scott M and The Kathleen E Cook 2020 Nevad
Current Estimated Value
$5,243,177

Purchase Details

Closed on
Aug 12, 2021
Sold by
Cook Adam
Bought by
Cook Kathleen

Purchase Details

Listed on
Aug 27, 2019
Closed on
Aug 6, 2020
Sold by
Kenmar Development Llc
Bought by
Cook Adam
Seller's Agent
Michael Skea
Ward Wight Sotheby's International Realty
Buyer's Agent
Shawn Clayton
Clayton & Clayton Inc.Realtors
List Price
$3,250,000
Sold Price
$3,000,000
Premium/Discount to List
-$250,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%

Purchase Details

Listed on
Sep 26, 2017
Closed on
Apr 5, 2018
Sold by
Paragano Lynn and Paragano James
Bought by
Kenmar Development Llc
Seller's Agent
Michael Skea
Ward Wight Sotheby's International Realty
Buyer's Agent
Michael Skea
Ward Wight Sotheby's International Realty
Sold Price
$1,360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.23%

Purchase Details

Listed on
Feb 10, 2013
Closed on
Feb 18, 2014
Sold by
Woods Robert B and Rogers Jill W
Bought by
Paragano Lynn
Seller's Agent
Walter MacGowan
The MacGowan Agency, Inc.
Buyer's Agent
Michael Skea
Ward Wight Sotheby's International Realty
Sold Price
$1,040,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Galletti Scott M -- Anchor Title Agency Llc
Kathleen E Cook 2020 Nevada Trust -- American Land Title
Cook Kathleen -- None Available
Cook Adam $3,000,000 Anchor Title Agency Llc
Kenmar Development Llc $1,360,000 None Available
Paragano Lynn $1,040,000 Agent For Old Republic Natl
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $3,000,000 -4.8% $754 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
02/11/2020 02/11/20 Price Changed $3,150,000 -3.1% $792 / Sq Ft
01/20/2020 01/20/20 For Sale $3,250,000 +139.0% $817 / Sq Ft
04/06/2018 04/06/18 Sold $1,360,000 +30.8% $820 / Sq Ft View Prior Sale
02/20/2014 02/20/14 Sold $1,040,000 -- $627 / Sq Ft View Prior Sale
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
2025 $14,418 $3,591,200 $2,061,300 $1,529,900
2024 $9,260 $2,948,500 $1,961,300 $987,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21935174

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00147-0000-00045