NOT LISTED FOR SALE

2411 Old Mill Rd Spring Lake, NJ 07762

Estimated Value: $910,000 - $972,000

4 Beds
3 Baths
1,356 Sq Ft
$696/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $282,000 $208 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $5,593/month

67 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Fenced
  • Shed

About This Home

As of July 2019

Old Farm House located on large corner lot in Spring Lake Heights. Great opportunity for investors. Front home first floor feature large living room, 1 bedroom, 1 bathroom, kitchen, laundry. Second floor feature 2 bedrooms, 1 bathroom and extra room could be used as office or baby room. The back house is a studio with 1 room, kitchenette and bathroom. Separate gas and electric meters with separate driveways. Close to Spring Lake beaches, shopping, restaurants, transportation and easy access to major roadways.

Last Agent to Sell the Property

Julia Queiroz

Sutton Realty Group License #0565168 Listed on: 04/15/2019

Last Buyer's Agent

Joseph Connell

Providence Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,372

Year Built

  • Built in 1936

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 49 x 116
  • Fenced
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Partial Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

  • Spring Lake Heights Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 48-00044-0000-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,372

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Corner Lot
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1936
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 49 x 116
  • Location Middle School: Spring Lake Heights
  • Lot Description Corner Lot: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Parking Spaces: 3.0
  • Exterior Shed3: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.13
  • Waterfront: No
  • Exclusions: N/A
  • Exterior Features: Fence

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Lot Dimensions: 49 x 116
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 48-00044-0000-00015
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5372.0
  • Tax Other Annual Assessment Amount: 381000.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Caverly Paul
Bought by
Connell Joseph W and Connell Christin A
Current Estimated Value
$943,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Outstanding Balance
$531,299
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$412,368

Purchase Details

Closed on
Jun 5, 2023
Sold by
Caverly Paul
Bought by
Caverly Paul and Connell Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,200
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 26, 2019
Sold by
Mtglq Investors Lp
Bought by
Caverly Paul and Caverly Joseph
Seller's Agent
Julia Queiroz
Sutton Realty Group
Buyer's Agent
Joseph Connell
Providence Realty Group, LLC
Sold Price
$282,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.43%

Purchase Details

Closed on
Jan 26, 2018
Sold by
Monmouth County Sheriff
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Apr 29, 1991
Bought by
Schuren Sally J
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
Connell Joseph W -- New Dawn Title
Connell Joseph W -- New Dawn Title
Caverly Paul -- New Dawn Title
Caverly Paul -- New Dawn Title
Caverly Paul $255,000 Truex Abstract Inc
Mtglq Investors Lp $1,000 None Available
Schuren Sally J $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connell Joseph W $537,000
Closed Connell Joseph W $537,000
Previous Owner Caverly Paul $486,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2019 07/10/19 Sold $282,000 -- $208 / 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 $7,074 $643,200 $337,900 $305,300
2024 $5,542 $671,800 $372,100 $299,700
2023 $5,542 $494,800 $322,700 $172,100
2022 $4,906 $412,400 $272,300 $140,100
2021 $4,773 $363,400 $236,000 $127,400
2020 $4,773 $351,500 $236,000 $115,500
2019 $4,698 $342,400 $236,000 $106,400
2018 $5,372 $381,000 $245,000 $136,000
2017 $5,160 $379,400 $245,000 $134,400
2016 $5,200 $377,600 $245,000 $132,600
2015 $5,138 $374,200 $245,000 $129,200
2014 $4,866 $362,300 $245,000 $117,300
Source: Public Records

Agents Affiliated with this Home

  • Julia Queiroz

    Seller's Agent in 2019

    Julia Queiroz

    Sutton Realty Group

    (732) 693-5868

    50 Total Sales

    Julia Queiroz
    Section Image

  • J

    Buyer's Agent in 2019

    Joseph Connell

    Providence Realty Group, LLC

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21915575

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00044-0000-00015

New Jersey Monmouth County Spring Lake 07719

2411 Old Mill Rd, Spring Lake, NJ

This home is located at 2411 Old Mill Rd, Spring Lake, NJ 07762 since 15 April 2019 and is currently estimated at $943,667, approximately $695 per square foot. This property was built in 1936. 2411 Old Mill Rd is a home located in Monmouth County with nearby schools including Spring Lake Heights Elementary School and The Brookside 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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