NOT LISTED FOR SALE

314 11th Ave Spring Lake, NJ 07762

Estimated Value: $1,217,000 - $1,310,000

5 Beds
2 Baths
2,053 Sq Ft
$617/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $779,000 $379 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $7,556/month

14 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Wood Flooring
  • Solar Power System
  • Deck
  • No HOA

About This Home

As of March 2021

Rare offering located in South End of Spring Lake Heights! This is a terrific opportunity to be in one of the most sought after towns in Monmouth County. Situated on an oversized 87x150 lot with an in-ground pool surrounded by stunning professional landscaping. There is also a large garage in the backyard perfect for storing all your outdoor furniture and equipment. The interior boasts 5 bedrooms including one on the first floor that could be a great home office as well. Additionally, there are 2 full baths, cozy living room and Family room, formal dining room and kitchen w/ great natural light. 1 block south is Ocean Road Park while Spring Lake beaches are just a short bike ride away. ''The Heights'' is a fantastic family community with a tremendous school system!

Last Agent to Sell the Property

Christopher Smith

Chris Smith Realty License #1541315 Listed on: 11/27/2020

Last Buyer's Agent

Anthony F Payer

Ward Wight Sotheby's International Realty License #1328109

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,493

Year Built

  • Built in 1951

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 87x150
  • Fenced
  • Oversized Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Electric Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • Driveway
  • On-Street Parking

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Pool

  • In Ground Pool
  • Outdoor Pool
  • Vinyl Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Spring Lake Heights Elementary And Middle School
  • Manasquan High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Colonial

Listing and Financial Details

  • Assessor Parcel Number 48-00025-01-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,493

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Model: Colonial
  • ResoLotFeatures: Oversized
  • ResoPoolFeatures: In Ground, Vinyl
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Flooring: Cement
  • Reso Interior Features: Attic - Pull Down Stairs, Recessed Lighting
  • Year Built: 1951
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Swimming: Yes
  • General Property Info Acreage: 0.3
  • General Property Info Lot Dimensions: 87x150
  • Location Middle School: Spring Lake Heights
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • ExteriorDeck: Yes
  • Pool Vinyl2: Yes
  • Lot Description Oversized3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Exterior Solar Panels: Yes
  • Garage Storage Above: Yes
  • Living Room Fireplace - Electric4: Yes
  • Cooling 2 Zoned AC: Yes
  • Energy Features Solar Panels Rented: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family 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:Basement3: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.3
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Deck, Fence, Storage, Swimming, Porch - Covered, Solar Panels
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Driveway, On Street, Storage
  • General Property Info:Garage: Yes
  • Parking Driveway: 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, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Lot Dimensions: 87x150
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 48-00025-01-00017
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8493.0

MLS Schools

  • Elementary School: Spring Lake Heights
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Mar 15, 2021
Sold by
Talbot Dona
Bought by
Forte Richard A and Forte Sarah Stacy
Seller's Agent
Christopher Smith
Chris Smith Realty
Buyer's Agent
Anthony F Payer
Ward Wight Sotheby's International Realty
List Price
$779,000
Sold Price
$779,000
Current Estimated Value
$1,266,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,318
Avg. Annual Appreciation
10.82%
Original Mortgage
$623,200
Outstanding Balance
$559,291
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$707,028

Purchase Details

Closed on
Jul 21, 2000
Sold by
Olesen Steven
Bought by
Krason Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Forte Richard A $779,000 Fidelity National Title
Krason Paul $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forte Richard A $623,200
Previous Owner Krason Paul $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $779,000 0.0% $379 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/27/2020 11/27/20 For Sale $779,000 -- $379 / 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 $10,744 $1,109,700 $716,100 $393,600
2024 $9,489 $1,020,300 $633,900 $386,400
2023 $9,489 $847,200 $479,600 $367,600
2022 $8,882 $765,100 $364,300 $400,800
2021 $8,882 $657,900 $327,400 $330,500
2020 $8,520 $627,400 $327,400 $300,000
2019 $8,493 $619,000 $327,400 $291,600
2018 $8,416 $596,900 $327,400 $269,500
2017 $8,072 $593,500 $327,400 $266,100
2016 $8,126 $590,100 $327,400 $262,700
2015 $8,312 $605,400 $349,400 $256,000
2014 $8,108 $603,700 $349,400 $254,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22041738

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00025-01-00017