Seller's Agent in 2025
Edward James Szumski
BHHS Fox & Roach
(732) 859-3751
5 in this area
182 Total Sales
217 Lorraine Ave Spring Lake, NJ 07762
7
Beds
8
Baths
8,497
Sq Ft
0.52
Acres
Highlights
- Lake Front
- Lake On Lot
- 0.52 Acre Lot
- Pool House
- Custom Home
- Fireplace in Primary Bedroom
About This Home
As of January 2025Spring Lake at its best just 11 houses to the beach/boardwalk! Located in the desirable north end on an oversized 150 x 150 Lot Size! (Must see in person to truly appreciate!) This lot size provides the ultimate privacy and room for the complete package! You will love the 3-car garage, porte-cochère, large pool w/ spa, pool house space w/ changing room + bath, and many entertaining spaces to create new memories with your friends and family. This 6-7 bedroom home features over 8,400 +/- of living space, basement, multiple balconies w/ partial lake views, and an option for guest suite or private office/ library set aside privately with its own entryway. Some other highlights include 10' ceilings of first level*, 9' ceilings on 2nd, viking appliance/ subzero fridge, & multiple fireplaces. Sought after first level primary suite w/ 2 walk-in closets, and expansive ensuite bath. With current land costs, new construction costs and time required, this is the perfect opportunity for those that want to bring some of their own personal touches while appreciating the well thought out design and rarities the current home and property features and can't find elsewhere in the current market. You will love the craftmanship throughout including the decorative molding, hardwood flooring, and spacious flow between rooms and spaces. Many ways to be creative and turn this estate like property into your own today! Take action and make it happen!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake Brokerage Phone: 732-859-3751 License #1644256 Listed on: 08/23/2024
Last Buyer's Agent
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake Brokerage Phone: 732-859-3751 License #1644256 Listed on: 08/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,880
Year Built
- Built in 2004
Lot Details
- 0.52 Acre Lot
- Lot Dimensions are 150 x 150
- Lake Front
- Fenced
- Oversized Lot
- Sprinkler System
Parking
- 3 Car Detached Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Custom Home
- Colonial Architecture
- Shore Colonial Architecture
- Flat Roof Shape
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 8,497 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Built-In Features
- Crown Molding
- Ceiling height of 9 feet on the main level
- Ceiling Fan
- Recessed Lighting
- Light Fixtures
- 6 Fireplaces
- Gas Fireplace
- Awning
- Blinds
- Sliding Doors
- Water Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Slate Flooring
Bedrooms and Bathrooms
- 7 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- In-Law or Guest Suite
- Bidet
- Dual Vanity Sinks in Primary Bathroom
- Whirlpool Bathtub
Laundry
- Dryer
- Washer
Pool
- Pool House
- Heated Pool and Spa
- Concrete Pool
- Heated In Ground Pool
- Outdoor Shower
Outdoor Features
- Lake On Lot
- Balcony
- Covered Patio or Porch
- Terrace
- Exterior Lighting
Schools
- H. W. Mountz Elementary And Middle School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Personal items
- Assessor Parcel Number 47-00147-0000-00019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2024
Closed on
Dec 20, 2024
Sold by
Hudy Kevin
Bought by
Puri Pankaj and Puri Michelle Papka
Seller's Agent
Edward James Szumski
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Edward James Szumski
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
List Price
$6,650,000
Sold Price
$5,900,000
Premium/Discount to List
-$750,000
-11.28%
Views
256
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
$408,166
Avg. Annual Appreciation
9.46%
Purchase Details
Closed on
Apr 7, 2021
Sold by
Kmhre Llc
Bought by
Hudy Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
3.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2020
Sold by
Kmh R E Llc
Bought by
Hudy Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,967,000
Interest Rate
3.14%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 12, 2019
Closed on
Oct 2, 2019
Sold by
Grasso Maureen A and Grasso Rudolph G
Bought by
Kmh R E Llc
Seller's Agent
Scott Kerico
Keller Williams Shore Properties
Buyer's Agent
Lorraine Yaeger
Diane Turton, Realtors-Spring Lake
Sold Price
$3,600,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$1,950,000
Interest Rate
3.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 8, 1997
Sold by
Malkoch Frank
Bought by
Grasso Maureen
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $5,900,000 | Trident Land Transfer | |
| Warranty Deed | -- | Boston National Ttl Agcy Llc | |
| Quit Claim Deed | -- | Amrock Llc | |
| Quit Claim Deed | -- | Amrock | |
| Deed | $3,600,000 | All Ahead Title Agency | |
| Deed | $470,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,925,000 | New Conventional | |
| Previous Owner | $1,967,000 | New Conventional | |
| Previous Owner | $1,950,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | $5,900,000 | -11.3% | $694 / Sq Ft | |
| 11/23/2024 11/23/24 | Pending | -- | -- | -- | |
| 08/23/2024 08/23/24 | For Sale | $6,650,000 | +84.7% | $783 / Sq Ft | |
| 10/02/2019 10/02/19 | Sold | $3,600,000 | -- | $424 / Sq Ft | View Prior Sale |
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 |
|---|---|---|---|---|
| 2025 | $22,880 | $5,074,000 | $3,285,000 | $1,789,000 |
| 2024 | $22,488 | $4,679,000 | $3,160,000 | $1,519,000 |
| 2023 | $22,488 | $4,470,700 | $2,987,200 | $1,483,500 |
| 2022 | $21,735 | $4,202,100 | $2,767,000 | $1,435,100 |
| 2021 | $21,735 | $3,622,500 | $2,304,000 | $1,318,500 |
| 2020 | $25,894 | $4,189,900 | $2,250,000 | $1,939,900 |
| 2019 | $25,887 | $4,109,000 | $2,200,000 | $1,909,000 |
| 2018 | $25,827 | $4,112,600 | $2,200,000 | $1,912,600 |
| 2017 | $26,394 | $4,216,300 | $2,200,000 | $2,016,300 |
| 2016 | $25,960 | $3,800,900 | $1,667,900 | $2,133,000 |
| 2015 | $26,175 | $3,750,000 | $1,617,000 | $2,133,000 |
| 2014 | $25,725 | $3,750,000 | $1,617,000 | $2,133,000 |
Source: Public Records
Agents Affiliated with this Home
-
Edward James Szumski
-
Scott Kerico
Seller's Agent in 2019
Scott Kerico
Keller Williams Shore Properties
(732) 797-9001
10 Total Sales
-
Lorraine Yaeger
L
Buyer's Agent in 2019
Lorraine Yaeger
Diane Turton, Realtors-Spring Lake
(732) 598-0077
6 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22424084
APN: 47-00147-0000-00019
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Information is deemed reliable but not guaranteed.
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