NOT LISTED FOR SALE

308 Ludlow Ave Spring Lake, NJ 07762

Estimated Value: $4,380,924 - $5,272,000

6 Beds
6.5 Baths
4 Sq Ft
$1,202,433/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $3,570,000 $892,500 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $27,568/month

82 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Bonus Room
  • Custom Home
  • Whirlpool Bathtub
  • Steam Shower

About This Home

As of May 2022

Be in for SPRING 2022! Custom home design by Paul Grabowski at Virtuoso Architects and built by Osprey Martin Partnership. This 6 BDRM 6.5 bath is located just 3 blocks to the beach & four blocks to town! 9' ceilings on first floor and basement. Full finished basement includes custom wet bar and game room. One car det. garage w covered rear patio w cabana and outdoor shower. Plenty of room to add a 16x18 ft pool. Kitchen w Quartz counter tops and center island. Subzero /Wolf appliances. White oak hdwd flooring throughout living areas. Custom built-ins throughout. Master w large bath and WI closet. Bluestone front porch w Mahogany ceilings. Clapboard and cedar shake siding. paver driveway. This open floor plan design makes this an ideal home for entertaining at the Jersey Shore.

Last Agent to Sell the Property

Lisa Finan

Chris Smith Realty License #2189064 Listed on: 11/17/2021

Last Buyer's Agent

Linda Henderson

Coldwell Banker Realty License #0678176

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,381

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 1 Car Detached Garage
  • Driveway with Pavers
  • Paver Block

Home Design

  • Custom Home
  • Shore Colonial Architecture
  • Shingle Roof
  • Asphalt Rolled Roof
  • Cedar Shake Siding
  • Clap Board Siding
  • Shake Siding
  • Clapboard

Interior Spaces

  • 4 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Light Fixtures
  • Gas Fireplace
  • Sliding Doors
  • Great Room
  • Den
  • Bonus Room
  • Home Security System
  • Finished Basement

Kitchen

  • Stove
  • Portable Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Steam Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Outdoor Shower
  • Patio
  • Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00117-0000-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,381

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Counter Top Range, Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Stove, Stove Hood, Refrigerator, Garbage Disposal
  • Subdivision Name: None
  • Architectural Style: Custom, Detached, Shore Colonial
  • Reso Flooring: Ceramic Tile, Wood, See Remarks
  • Reso Interior Features: Bonus Room, Built-Ins, Ceilings - 9Ft+ 1st Flr, Dec Molding, Laundry Tub, Sliding Door, Recessed Lighting
  • New Construction: Yes
  • Year Built: 2021
  • Contract Info New Construction: Yes
  • 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
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50x150
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Roof Timberline: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • ExteriorOutdoorShower: Yes
  • Parking Paver Block: Yes
  • Interior Laundry Tub: Yes
  • Included Garbage Disposal: Yes
  • Kitchen Fireplace - Gas5: Yes
  • Interior Bonus Room: Yes
  • Included Counter Top Range: Yes
  • Siding Clapboard: Yes
  • SidingCedarShake: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Ceilings - High, Finished
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Total Bedrooms: 9
  • Stories: 3
  • Basement Finished: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Other Rooms:Basement3: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Den2: Yes

Exterior Features

  • Roof: Timberline, Shingle
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Shake Siding, Clapboard
  • Exterior Features: Outdoor Shower, Patio, Porch - Open

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paver Block, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 4 Zone AC, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50x150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00117-0000-00018
  • Zoning Description: Residential

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
May 2, 2022
Sold by
308 Ludlow Llc
Seller's Agent
Lisa Finan
Chris Smith Realty
Buyer's Agent
Linda Henderson
Coldwell Banker Realty
List Price
$3,600,000
Sold Price
$3,570,000
Premium/Discount to List
-$30,000
-0.83%
Total Days on Market
82
Current Estimated Value
$4,809,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,239,731
Avg. Annual Appreciation
10.06%
Original Mortgage
$2,499,000
Outstanding Balance
$2,376,994
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$2,432,737

Purchase Details

Closed on
Dec 24, 2020
Sold by
St Catherine S Church
Bought by
308 Ludlow Llc

Purchase Details

Closed on
Oct 29, 2008
Sold by
Poland Emma
Bought by
St Catharines Church Spring Lake Nj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2000
Sold by
Ruka William
Bought by
Poland John and Poland Emma
Source: Public Records

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Range of Values:

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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
-- $3,570,000 Trident Abstract Title
308 Ludlow Llc $1,300,000 Trident Abstract Ttl Agcy Ll
St Catharines Church Spring Lake Nj $810,000 Old Republic National Title
Poland John $499,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $2,499,000
Previous Owner Dwulet Diane $157,000
Previous Owner St Catharines Church Spring Lake Nj $650,000
Previous Owner Poland John $76,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $3,570,000 -0.8% $892,500 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
11/17/2021 11/17/21 For Sale $3,600,000 -- $900,000 / 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
2024 $8,381 $3,750,400 $1,836,300 $1,914,100
2023 $8,381 $1,666,300 $1,666,300 $0
2022 $8,570 $1,515,000 $1,515,000 $0
2021 $8,570 $1,428,400 $1,241,000 $187,400
2020 $8,498 $1,375,100 $1,195,000 $180,100
2019 $8,347 $1,324,900 $1,150,000 $174,900
2018 $8,294 $1,320,700 $1,150,000 $170,700
2017 $8,209 $1,311,400 $1,150,000 $161,400
2016 $6,624 $969,900 $787,200 $182,700
2015 $6,633 $950,300 $767,600 $182,700
2014 $6,352 $926,000 $743,300 $182,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22137045

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00117-0000-00018