NOT LISTED FOR SALE

3 Locust Way Spring Lake, NJ 07762

Estimated Value: $820,000 - $896,000

2 Beds
2.5 Baths
1,846 Sq Ft
$469/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $664,000 $360 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,299/month

Highlights

  • Golf Course Community
  • New Kitchen
  • Wood Flooring
  • Outdoor Pool
  • Clubhouse
  • Marble Countertops

About This Home

As of November 2022

Welcome to Fairway Mews! Just minutes away from the beautiful beaches of Spring Lake & Sea Girt. Gated community. Set on 112 acres. 18-hole golf course, heated swimming pool, bocce court & tennis courts. 24-hour security service. The Clubhouse is used to host the many social functions & available for residents to rent out for parties! Fully stocked golf shop. Full-time P.G.A. Golf Professional and U.S.T.A. Tennis Professional available for residents & their guests. Lovely 2 bedroom, 2 1/2 bathroom COASTAL FURNISHED HOME offers a large living room, formal dining room, master bedroom with deck, generous 2nd bedroom, attached direct entry garage. The 2nd floor loft overlooks the living room is an ideal spot for an office or reading nook. Extra storage is available via pull down attic stairs and walk-in closet off the 2nd bedroom. You'll love the rear patio area. Tesla charger located in garage. Brand new full size washer and dryer on second floor. No smoking, vaping, or pets permitted. Requirements: 102K minimum in income. Good credit. Documented, guaranteed income. Annual rental. Tenant pays for the background check for occupants 18 years of age or older. Ask your Realtor to get you this information, which is available through their MLS document section. Come and enjoy the good life!

Last Agent to Rent the Property

Anita Jacobus

Keller Williams Shore Properties License #9913490 Listed on: 09/14/2022

Keller Williams Shore Properties

Last Renter's Agent

Theresa Schiazza

Weichert Realtors License #1224333

Weichert Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,371

Year Built

  • 1978

Lot Details

  • 1,917

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Visitor Parking

Interior Spaces

  • 1,846 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Marble Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Exterior Lighting

Schools

  • Spring Lake Heights Elementary And Middle School

Utilities

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

Listing and Financial Details

  • Security Deposit $5,100
  • Property Available on 10/13/22
  • Short Term Lease
  • Assessor Parcel Number http://tax1.co.monmouth.nj.us/cgi-bin/prc6.cgi?ms_

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include trash, pool, snow removal, sewer
  • Fairway Mews Subdivision, Diplomat Floorplan

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Snow Removal

Security

  • Security Guard
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,371

Year Built

1978

Lot Details

0

Parking

1

Rental Info

  • Furnished: Furnished
  • Available Date: 2022-10-13

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Model: Diplomat
  • ResoPoolFeatures: Common
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Community Room, Golf Course, Clubhouse, Common Area
  • Reso Association Fee Includes: Trash, Pool, Snow Removal, Sewer
  • Inclusions: Washer, Stove, Ceiling Fan(s), Screens, Microwave, Outdoor Lighting, Refrigerator, Window Treatments, Dishwasher, Dryer, Garage Door Opener
  • Subdivision Name: Fairway Mews
  • Architectural Style: Townhouse
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Balcony, Skylight, Recessed Lighting
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Controlled Access2: Yes
  • Pool Common2: Yes
  • Fee Includes Pool3: Yes
  • Exterior Controlled Access: Yes
  • Garage Direct Entry: Yes
  • Location Middle School: Spring Lake Heights
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Living Room Two Story2: Yes
  • Common Elements Clubhouse: Yes
  • Style Townhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Ceramic Tile3: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Kitchen BnookDining Area: Yes
  • Contract Info Available Date: 2022-10-13
  • Maintenance Fees Security Deposit3: 5100.0
  • Lease Requirements Security Deposit4: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Common Elements Golf Course: Yes
  • Furnished Full2: Yes
  • Dining Room Sliding Door3: Yes
  • Lease Terms Short Term: Yes
  • Foyer Skylight2: Yes
  • Included Outdoor Lighting3: Yes
  • Common Elements Swimming Pool: Yes
  • Kitchen Marble9: Yes
  • Parking Visitor2: Yes
  • Special Features: None
  • Year Built: 1978

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 8
  • Stories: 2
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bath Floor - Ceramic10: Yes
  • Primary Bedroom Floor - Laminate8: Yes
  • Primary Bedroom Level Second39: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Controlled Access, Patio, Other, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: See Remarks, Other, Driveway, Visitor, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Parcel #: http://tax1.co.monmouth.nj.us/cgi-bin/prc6.cgi?ms_

MLS Schools

  • Elementary School: Spring Lake Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 26, 2021
Sold by
Burr Kevin J
Bought by
Waters Edge Investors Ii Llc
Seller's Agent
Diane Glander
Keller Williams Realty Spring Lake
Buyer's Agent
Maria Rizzo
Berkshire Hathaway HomeServices Zack Shore Realtors
List Price
$649,000
Sold Price
$664,000
Premium/Discount to List
$15,000
2.31%
Current Estimated Value
$866,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,536
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Jan 16, 2019
Sold by
Lamountain Joseph S and Lamountain Mary M
Bought by
Burr Kevin J

Purchase Details

Closed on
Sep 9, 1999
Sold by
Johnson Catherine
Bought by
Lamountain Joseph and Lamountain Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,780
Interest Rate
7.85%
Source: Public Records

Range of Values:

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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
Waters Edge Investors Ii Llc $664,000 Heritage Abstract Company
Burr Kevin J $370,000 None Available
Lamountain Joseph $206,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamountain Joseph $175,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2022 11/25/22 Rented $40,800 +1100.0% --
11/20/2022 11/20/22 Under Contract -- -- --
09/13/2022 09/13/22 For Rent $3,400 0.0% --
08/30/2021 08/30/21 Sold $664,000 +2.3% $371 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $649,000 0.0% $363 / Sq Ft
10/25/2019 10/25/19 Rented $1,900 -- --
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 $7,371 $700,000 $579,200 $120,800
2024 $7,614 $700,000 $524,200 $175,800
2023 $7,614 $679,800 $412,500 $267,300
2022 $6,773 $555,900 $290,000 $265,900
2021 $6,773 $501,700 $260,000 $241,700
2020 $6,510 $479,400 $260,000 $219,400
2019 $7,479 $545,100 $370,000 $175,100
2018 $7,498 $531,800 $370,000 $161,800
2017 $6,899 $507,300 $370,000 $137,300
2016 $7,096 $515,300 $370,000 $145,300
2015 $5,926 $431,600 $290,000 $141,600
2014 $5,952 $443,200 $290,000 $153,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22229022

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00042-05-00003