NOT LISTED FOR SALE

307 Monmouth Ave Spring Lake, NJ 07762

Estimated Value: $3,134,436 - $3,619,000

4 Beds
3 Baths
2,012 Sq Ft
$1,665/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $2,360,000 $1,173 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $18,903/month

43 Days on Market

Highlights

  • New Kitchen
  • Marble Bathroom Countertops
  • Granite Countertops
  • Marble Flooring
  • Tudor Architecture
  • 3-minute walk to Divine Park

About This Home

As of November 2021

Charming Spring Lake home 3 blocks to the beach & pavilion. Close to the iconic Spring Lake and downtown shopping. Nothing to do but bring your beach cruiser and invite some friends and family (if they are lucky) and enjoy your new beach home, whether it is for summer or even better, year round. Live the Spring Lake lifestyle and all this town has to offer- great beaches, delicious restaurants, quality schools, amazing shopping, and low taxes! Many updates make this home truly turn key. 60 miles to NYC. Welcome home! Call today!

Last Agent to Sell the Property

Heather Garrett-Muly

Keller Williams Realty Spring Lake License #0570753 Listed on: 09/06/2021

Keller Williams Realty Spring Lake

Last Buyer's Agent

Brian Church

Berkshire Hathaway HomeServices Fox & Roach - Neptune City License #9591954

Berkshire Hathaway HomeServices Fox & Roach - Neptune City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,322

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway with Pavers
  • Paver Block
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Tudor Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Light Fixtures
  • Wood Burning Fireplace
  • Blinds
  • Leaded Glass Windows
  • French Doors
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • New Kitchen
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Patio
  • Exterior Lighting

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: all personal items
  • Assessor Parcel Number 47-00035-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,322

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Double Oven, Light Fixtures, Microwave, Security System, Stove, Refrigerator, Garbage Disposal
  • Subdivision Name: None
  • Architectural Style: Detached, Tudor, 2 Story
  • Reso Flooring: Cement, Marble, Tile, Wood
  • Reso Interior Features: Balcony, Built-Ins, French Doors, Lead Glass Window, Security System, Wet Bar
  • New Construction: No
  • Year Built: 1925
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior French Doors: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Exterior Storm Door(s): Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Ceramic Tile3: Yes
  • Included Double Oven: Yes
  • Rooms Sitting: Yes
  • Included Security System2: Yes
  • ExteriorOutdoorShower: Yes
  • Parking Paver Block: Yes
  • Floors Tile: Yes
  • Included Garbage Disposal: Yes
  • Living Room Built-Ins2: Yes
  • Exterior Security System3: Yes
  • Floors Marble: Yes
  • Dining Room Built-Ins3: Yes
  • Dining Room French Doors3: Yes
  • Interior Lead Glass Window: Yes
  • Cooling 2 Zoned AC: Yes
  • Style 2 Story: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Bilco Style Doors, Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Full Basement: Yes
  • 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
  • Basement:Unfinished: Yes
  • Other Rooms:Foyer: Yes
  • Features Interior:Security System: Yes
  • Features Interior:Wet Bar: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Marble7: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: all personal items
  • Exterior Features: Balcony, Fence, Outdoor Shower, Patio, Security System, Storm Door(s), Storm Window, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paver Block, Off Street, On Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00035-0000-00004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10322.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Nov 29, 2021
Sold by
Scarsella Michael E and Tessler Andrea L
Bought by
Kirby Deborah
Seller's Agent
Heather Garrett-Muly
Keller Williams Realty Spring Lake
Buyer's Agent
Brian Church
Berkshire Hathaway HomeServices Fox & Roach - Neptune City
List Price
$2,646,800
Sold Price
$2,360,000
Premium/Discount to List
-$286,800
-10.84%
Current Estimated Value
$3,350,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$990,359
Avg. Annual Appreciation
9.53%

Purchase Details

Listed on
Feb 26, 2018
Closed on
Apr 25, 2018
Sold by
Ketchum Steven B and Ketchum Mary
Bought by
Tessler Andrea L and Scarsella Michael E
Seller's Agent
Charlotte Drinkwater
Turpin Real Estate, Inc
Buyer's Agent
Heather Garrett-Muly
The Gallery Residential Brokerage
Sold Price
$1,626,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$1,000,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2010
Sold by
Kraeutler John and Kraeutler Kara
Bought by
Ketchum Steven B and Ketchum Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2003
Sold by
Bafundo Philip
Bought by
Kraeutler John and Kraeutler Kara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
5.52%

Purchase Details

Closed on
Mar 20, 1998
Sold by
Turner Christopher
Bought by
Bapundo Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.98%

Purchase Details

Closed on
Dec 31, 1996
Bought by
Turner Christopher and Turner Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.46%
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
Kirby Deborah $2,360,000 Trident Abstract Ttl Agcy Ll
Tessler Andrea L $1,626,426 Oceanview Title Agency
Ketchum Steven B $999,500 Old Republic National Title
Kraeutler John $790,000 --
Bapundo Philip $365,000 --
Turner Christopher $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tessler Andrea L $1,000,000
Previous Owner Tessler Andrea L $1,000,000
Previous Owner Tessler Andrea L $998,500
Previous Owner Tessler Andrea L $1,000,000
Previous Owner Ketchum Steven B $150,000
Previous Owner Ketchum Steven B $219,800
Previous Owner Ketchum Steven B $243,180
Previous Owner Ketchum Steven B $300,000
Previous Owner Kraeutler John $150,000
Previous Owner Kraeutler John $632,000
Previous Owner Bapundo Philip $250,000
Previous Owner Turner Christopher $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $2,360,000 -5.6% $1,173 / Sq Ft
10/05/2021 10/05/21 Price Changed $2,500,000 -5.5% $1,243 / Sq Ft
09/06/2021 09/06/21 For Sale $2,646,800 +62.7% $1,316 / Sq Ft
04/30/2018 04/30/18 Sold $1,626,426 -- $808 / 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 $12,620 $2,919,500 $2,127,800 $791,700
2024 $11,733 $2,580,700 $1,977,800 $602,900
2023 $11,733 $2,332,700 $1,743,900 $588,800
2022 $10,505 $2,044,000 $1,543,300 $500,700
2021 $10,505 $1,750,900 $1,298,000 $452,900
2020 $10,322 $1,670,300 $1,235,000 $435,300
2019 $10,223 $1,622,700 $1,200,000 $422,700
2018 $8,749 $1,393,100 $1,200,000 $193,100
2017 $8,654 $1,382,500 $1,200,000 $182,500
2016 $7,361 $1,077,800 $828,600 $249,200
2015 $7,379 $1,057,200 $808,000 $249,200
2014 $7,077 $1,031,600 $782,400 $249,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22129080

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00035-0000-00004