NOT LISTED FOR SALE

2205 Prospect Ave Spring Lake, NJ 07762

Estimated Value: $5,929,035 - $7,782,000

5 Beds
5.5 Baths
4,902 Sq Ft
$1,391/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $4,200,000 $857 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $39,400/month

21 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Marble Flooring
  • Custom Home
  • Deck
  • Granite Countertops

About This Home

As of March 2018

Perched on a knoll in the coveted North End, this fabulous home, totally renovated in 2002, offers salt, sea, sand and surf right outside your window! Sun-filled first floor rooms include gracious entry hall, grand living room and family room each with a fireplace, formal dining room with access to the lovely wrap-around porch, cheerful breakfast room, large kitchen with butlers pantry, laundry, full and half bath. Second floor has 4 bedrooms, 2 with en suite baths, sitting room, balconies to enjoy the view. The third floor,devoted to the master suite includes a large bedroom with a fireplace, bath, ample closets, and private balcony. A 4 floor elevator makes it all so easy! The basement has a finished playroom, storage rooms, and a 2 car garage. Spring Lake at its finest can be yours now!

Last Agent to Sell the Property

Bonnie O'Malley

Bonnie O' Malley Realtor License #8133057 Listed on: 02/12/2018

Last Buyer's Agent

Mary Fay Reilly

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,365

Year Built

  • Built in 1900

Lot Details

  • 0.35

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 4-Story Property
  • Elevator
  • Wet Bar
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Skylights
  • Light Fixtures
  • 3 Fireplaces
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Center Hall
  • Ocean Views
  • Finished Basement
  • Heated Basement
  • Home Security System

Kitchen

  • Butlers Pantry
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Artwork and ship models, player piano
  • Assessor Parcel Number 47-00136-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,365

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, Washer, Dishwasher, Dryer, Light Fixtures, Security System, Refrigerator, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Center Hall, Elevator, Security System, Skylight, Wet Bar
  • Year Built: 1900
  • General Property Info Waterview: Yes
  • 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
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 90 x 172 irregular
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 3.0
  • Exterior Porch - Open: Yes
  • Included Light Fixtures: Yes
  • Included Outdoor Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Basement Heated: Yes
  • Rooms Sitting: Yes
  • Included Security System2: Yes
  • Kitchen Butler Pantry: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Rooms Breakfast: Yes
  • Siding Cedar: Yes
  • Exterior Security System3: Yes
  • Foyer Floor - Marble: Yes
  • Kitchen Floor - Marble7: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Finished, Heated
  • Basement: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Total Bedrooms: 13
  • Stories: 4
  • Basement Finished: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Foyer: Yes
  • Features Interior:Security System: Yes
  • Features Interior:Skylight: Yes
  • Features Interior:Wet Bar: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Skylight6: Yes
  • Primary Bedroom Level Third43: Yes
  • Primary Bedroom Fireplace - Gas2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Exclusions: Artwork and ship models, player piano
  • Construction Type: Cedar
  • Exterior Features: Balcony, Deck, Patio, Porch - Open, Security System, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 90 x 172 irregular
  • Parcel #: 47-00136-0000-00002
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 27365.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
Mar 22, 2018
Sold by
Manning J Frederick
Bought by
Stephens Thomas and Stephens Denise
Seller's Agent
Bonnie O'Malley
Bonnie O' Malley Realtor
Buyer's Agent
Mary Fay Reilly
Coldwell Banker Realty
Sold Price
$4,200,000
Current Estimated Value
$6,821,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,621,012
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
Jun 11, 2002
Sold by
Host Kenneth and Agarwal Sharad
Bought by
Leslie C Quick Iii Descendants Trust

Purchase Details

Closed on
May 9, 2001
Sold by
Fleet National Bank
Bought by
Host Kenneth and Argarwal Sharad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,205,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

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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
Stephens Thomas $4,200,000 Stewart Title
Leslie C Quick Iii Descendants Trust $3,650,000 Chicago Title Insurance Co
Host Kenneth $1,505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Host Kenneth $1,205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Sold $4,200,000 -- $857 / Sq Ft
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 $30,265 $6,670,900 $4,631,800 $2,039,100
2024 $29,205 $6,189,200 $4,290,500 $1,898,700
2023 $29,205 $5,806,200 $3,951,400 $1,854,800
2022 $26,783 $5,295,000 $3,528,000 $1,767,000
2021 $26,783 $4,463,900 $2,863,700 $1,600,200
2020 $26,314 $4,257,900 $2,719,200 $1,538,700
2019 $25,911 $4,112,900 $2,618,000 $1,494,900
2018 $25,219 $4,015,800 $2,618,000 $1,397,800
2017 $24,271 $3,877,200 $2,555,000 $1,322,200
2016 $27,365 $4,006,600 $2,320,000 $1,686,600
2015 $27,966 $4,006,600 $2,320,000 $1,686,600
2014 $27,485 $4,006,600 $2,320,000 $1,686,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21805240

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00136-0000-00002