NOT LISTED FOR SALE

22 Lotus Ct Ocean, NJ 07712

Wanamassa Neighborhood

Estimated Value: $914,000 - $978,000

5 Beds
3 Baths
2,627 Sq Ft
$358/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $705,000 $268 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,024/month

About This Home

As of October 2021

Beautiful Summer rental with in ground pool! Memorial Day through Labor Day! This newly renovated home has 5 bedrooms and 3 full bathrooms. The first floor features open concept, a new kitchen with granite countertops and white shaker cabinets, newly installed hardwood flooring, living, and a family room, full bathroom, dining room, laundry room, and a guest bedroom. The 2nd floor has 3 Bedrooms, along with the Master Bedroom with an ensuite bathroom and walk-in closet, and a walk-in attic and a semi-finished basement This home is freshly painted and offers an attached garage, spacious backyard, and a huge In ground POOL. This property is located on a quiet Cul De Sac near the beach and Asbury with nearby schools and shopping centers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Oct 4, 2021
Sold by
Singh Jaswinder and Sahi Kamaljit
Bought by
Ranna Abraham
Seller's Agent
Scott DuBeau
RE/MAX Select
Buyer's Agent
Kimberly Newsome
Resources Real Estate
List Price
$729,000
Sold Price
$705,000
Premium/Discount to List
-$24,000
-3.29%
Current Estimated Value
$940,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,500
Avg. Annual Appreciation
8.22%
Original Mortgage
$493,500
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2007
Sold by
Levine Steven and Levine Susan
Bought by
Singh Jaswinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1993
Sold by
Woods West Park
Bought by
Levine Steven and Levine Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Ranna Abraham $705,000 Two Rivers Title Co Llc
Singh Jaswinder $546,500 Realty Guardian-Direct Title
Levine Steven $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ranna Abraham $493,500
Previous Owner Singh Jaswinder $417,000
Previous Owner Levine Steven $150,000
Previous Owner Levine Steven $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Rented $78,000 +73.3% --
04/05/2024 04/05/24 Under Contract -- -- --
01/09/2024 01/09/24 For Rent $45,000 +200.0% --
07/07/2023 07/07/23 Rented $15,000 0.0% --
07/07/2023 07/07/23 Under Contract -- -- --
04/12/2023 04/12/23 For Rent $15,000 0.0% --
10/08/2021 10/08/21 Sold $705,000 +0.9% $261 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
07/24/2021 07/24/21 Price Changed $699,000 -4.1% $259 / Sq Ft
06/17/2021 06/17/21 For Sale $729,000 -- $270 / Sq Ft

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 $12,396 $762,700 $332,000 $430,700
2023 $12,396 $810,700 $392,000 $418,700
2022 $10,218 $590,600 $192,000 $398,600
2021 $10,218 $520,000 $192,000 $328,000
2020 $10,206 $512,600 $192,000 $320,600
2019 $10,823 $530,800 $212,000 $318,800
2018 $11,098 $530,000 $212,000 $318,000
2017 $10,780 $512,600 $212,000 $300,600
2016 $10,890 $465,800 $212,000 $253,800
2015 $10,605 $459,300 $212,000 $247,300
2014 $10,269 $450,800 $212,000 $238,800
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Newsome

    Seller's Agent in 2024

    Kimberly Newsome

    C21 Thomson & Co.

    (732) 614-1085

    2 in this area

    99 Total Sales

    Kimberly Newsome
    Section Image
  • Scott DuBeau

    Seller's Agent in 2021

    Scott DuBeau

    RE/MAX

    (908) 377-5953

    2 in this area

    81 Total Sales

    Scott DuBeau
    Section Image
  • Danielle Coyle

    Seller Co-Listing Agent in 2021

    Danielle Coyle

    RE/MAX

    (732) 598-0428

    5 in this area

    204 Total Sales

    Danielle Coyle
    Section Image
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Map

New Jersey Monmouth County Ocean 07712 Wanamassa

22 Lotus Ct, Ocean, NJ

This home is located at 22 Lotus Ct, Ocean, NJ 07712 and is currently estimated at $940,500, approximately $358 per square foot. 22 Lotus Ct is a home located in Monmouth County with nearby schools including Ocean Township High School, Yeshivat Keter Torah, and Hillel Yeshiva High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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