NOT LISTED FOR SALE

223 Lorraine Ave Spring Lake, NJ 07762

Estimated Value: $5,256,462 - $5,794,000

0.26 Acre
$21,485,093 Price per Acre
11,238 Sq Ft Lot

Last Sold December 22, 2014

Last sale price $1,202,500

Est. 361% increase in value since last sale

Current estimated payment $31,085/month

91 Days on Market

Highlights

  • Lake Front
  • Lake On Lot
  • Wooded Lot

About This Lot

As of December 2014

TRANQUIL VIEWS OF LAKE COMO & CLOSE TO SPRING LAKE BEACHES!! Create your custom dream home on this 75X150 buildable lot, third in from the lake on a street with multi-million dollar homes. Watch the swans on the lake & walk to one of the best of beaches close to the new North End pavilion.

Last Agent to Sell the Property

Darlene Cecich

Diane Turton, Realtors-Spring Lake License #1110090 Listed on: 07/02/2014

Last Buyer's Agent

Deborah Donovan

Gloria Nilson & Co. Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,112

Year Built

  • 2016

Lot Details

  • Lot Dimensions are 75x150
  • Lake Front
  • Wooded Lot

Outdoor Features

  • Electricity Available at Street
  • Lake On Lot

Schools

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

Additional Features

  • Water Views
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 00147000000025

Property Details

Property Type

Land

Est. Annual Taxes

$9,112

Year Built

2016

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Wooded
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Lot Dimensions: 75X150
  • Location Middle School: H. W. Mountz
  • WaterSewer Public Water: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Wooded: Yes
  • Water Type Lake: Yes
  • Special Features: None
  • Year Built (Public Record): 2016

Exterior Features

  • Waterfront Features: Lake
  • Waterfront: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 75X150
  • Parcel #: 00147000000025
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 9112.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2014
Closed on
Dec 22, 2014
Sold by
Devish Edward A and Devish Anne P
Bought by
Zimmerman Paul and Zimmerman Luanne Musser
Seller's Agent
Darlene Cecich
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Deborah Donovan
Gloria Nilson & Co. Real Estate
Sold Price
$1,202,500
Total Days on Market
91
Current Estimated Value
$5,543,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,340,654
Avg. Annual Appreciation
13.10%
Original Mortgage
$1,762,000
Interest Rate
3.99%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Zimmerman Paul $1,202,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman William Paul $2,000,000
Closed Zimmerman Paul $1,762,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2014 12/22/14 Sold $1,202,500 -- --
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
2024 $20,010 $4,194,200 $2,342,500 $1,851,700
2023 $20,010 $3,978,200 $2,169,700 $1,808,500
2022 $19,389 $3,731,400 $2,009,500 $1,721,900
2021 $19,389 $3,231,500 $1,674,000 $1,557,500
2020 $19,356 $3,132,000 $1,635,000 $1,497,000
2019 $19,238 $3,053,700 $1,600,000 $1,453,700
2018 $18,960 $3,019,100 $1,600,000 $1,419,100
2017 $18,412 $2,941,200 $1,600,000 $1,341,200
2016 $9,534 $1,395,900 $1,395,900 $0
2015 $9,479 $1,358,000 $1,358,000 $0
2014 $9,316 $1,358,000 $1,358,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Darlene Cecich

    Diane Turton, Realtors-Spring Lake

  • D

    Buyer's Agent in 2014

    Deborah Donovan

    BHHS Fox & Roach

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21411269

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00147-0000-00025

New Jersey Monmouth County Spring Lake 07762

223 Lorraine Ave, Spring Lake, NJ

This home is located at 223 Lorraine Ave, Spring Lake, NJ 07762 since 02 July 2014 and is currently estimated at $5,543,154. This property was built in 2016. 223 Lorraine Ave is a home located in Monmouth County with nearby schools including St. Rose Grammar School and St Rose 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.

MOREMLS (Monmouth Ocean Regional REALTORS®) 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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