NOT LISTED FOR SALE

3 Locust Way Spring Lake, NJ 07762

Estimated Value: $800,000 - $873,000

2 Beds
3 Baths
1,846 Sq Ft
$455/Sq Ft Est. Value

Last Sold August 30, 2021

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

Est. 27% increase in value since last sale

Current estimated payment $5,328/month

About This Home

As of August 2021

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!

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
Coldwell Banker Realty
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
$840,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,038
Avg. Annual Appreciation
6.38%

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:

Collateral Analytics

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ICE

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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
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 -- --

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 $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

  • Anita Jacobus

    Seller's Agent in 2022

    Anita Jacobus

    Keller Williams Shore Properties

    (732) 267-7479

    261 Total Sales

    Anita Jacobus
    Section Image
  • Theresa Schiazza

    Buyer's Agent in 2022

    Theresa Schiazza

    Weichert Realtors

    (732) 779-1754

    38 Total Sales

    Theresa Schiazza
    Section Image
  • Diane Glander

    Seller's Agent in 2021

    Diane Glander

    Coldwell Banker Realty

    (732) 233-9630

    9 in this area

    95 Total Sales

    Diane Glander
    Section Image

  • M

    Buyer's Agent in 2021

    Maria Rizzo

    Berkshire Hathaway HomeServices Zack Shore Realtors

  • K

    Seller's Agent in 2019

    Kevin Burr

    EXIT Realty East Coast Shirvanian

See All Agents

Map

New Jersey Monmouth County Spring Lake 07762

3 Locust Way, Spring Lake, NJ

This home is located at 3 Locust Way, Spring Lake, NJ 07762 and is currently estimated at $840,038, approximately $455 per square foot. 3 Locust Way is a home located in Monmouth County with nearby schools including Spring Lake Heights Elementary School, The Brookside School, and St. Catharine 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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