NOT LISTED FOR SALE

317 Ludlow Ave Spring Lake, NJ 07762

Estimated Value: $4,123,596 - $5,689,000

6 Beds
6.5 Baths
5,000 Sq Ft
$983/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $3,499,000 $700 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $28,944/month

334 Days on Market

Highlights

  • New Construction
  • Custom Home
  • Covered patio or porch
  • In Ground Pool
  • No HOA
  • 1 Car Detached Garage

About This Home

As of December 2021

STUNNING BRAND NEW CONSTRUCTION AWAITS YOU IN THIS GREAT ''CLOSE TO TOWN AND BEACH'' LOCATION! Now is the perfect time for you to personalize the design of this spectacular new offering with one of Spring Lake's most reputable and prominent builders. Meticulous craftsmanship and the finest finishes will complement this 5000 SF+ (inclusive of the finished basement), 6 BR, 6.5 Bath home with a gorgeous outdoor cabana/bar and in- ground 14x20 gunite pool set on a 50 x 150 lot. The 10' first floor ceilings, expansive open floor plan and 9' full finished basement will conjure thoughts of the casual, coastal lifestyle you've been dreaming of!

Last Agent to Sell the Property

Michael Skea

Ward Wight Sotheby's International Realty License #0233882 Listed on: 11/06/2020

Ward Wight Sotheby's International Realty

Last Buyer's Agent

Staci Bonin

Diane Turton, Realtors-Wall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,661

Year Built

  • Built in 2021 | New Construction

Lot Details

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

Parking

  • 1 Car Detached Garage

Home Design

  • Custom Home
  • Asphalt Rolled Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 4-Story Property
  • Fireplace
  • Finished Basement
  • Heated Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • In Ground Pool
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00112-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,661

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: In Ground
  • Subdivision Name: None
  • Architectural Style: Custom, Detached
  • 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: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: H. W. Mountz
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Roof Timberline: Yes
  • Basement Heated: Yes
  • Exterior BBQ: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Finished, Heated
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 4
  • Basement Finished: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.17
  • Topography: Level
  • Waterfront: No
  • Exterior Features: BBQ, Patio, Porch - Covered, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Heating:Natural Gas: 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 #: 47-00112-0000-00008
  • Zoning Description: Residential, Single Family

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 21, 2021
Sold by
Louro Development Group Llc
Bought by
Sutherland John H and Sutherland Donna J
Seller's Agent
Michael Skea
Ward Wight Sotheby's International Realty
Buyer's Agent
Staci Bonin
Diane Turton, Realtors-Wall
List Price
$3,499,000
Sold Price
$3,499,000
Total Days on Market
334
Current Estimated Value
$4,917,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,418,399
Avg. Annual Appreciation
10.30%
Original Mortgage
$600,000
Outstanding Balance
$558,203
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$4,359,196

Purchase Details

Closed on
Dec 10, 2020
Sold by
Mccarthy Christopher G and Estate Of Louise I Mccarthy
Bought by
Louro Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
2.6%
Mortgage Type
Commercial
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
Sutherland John H $3,499,000 Wfg National Title
Louro Development Group Llc $1,500,000 Trident Abstract Ttl Agcy Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutherland John H $600,000
Previous Owner Louro Development Group Llc $1,000,000
Previous Owner Louro Development Group Llc $2,300,000
Previous Owner Mccarthy Louise I $954,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $3,499,000 0.0% $700 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
11/05/2020 11/05/20 For Sale $3,499,000 -- $700 / 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 $17,661 $3,725,200 $1,836,300 $1,888,900
2023 $17,661 $3,511,100 $1,666,300 $1,844,800
2022 $8,332 $1,724,300 $1,515,000 $209,300
2021 $8,332 $1,430,300 $1,241,000 $189,300
2020 $8,509 $1,376,900 $1,195,000 $181,900
2019 $8,460 $1,342,900 $1,150,000 $192,900
2018 $8,405 $1,338,300 $1,150,000 $188,300
2017 $8,313 $1,328,000 $1,150,000 $178,000
2016 $7,252 $1,061,800 $828,600 $233,200
2015 $7,018 $1,041,200 $808,000 $233,200
2014 $6,717 $1,015,600 $782,400 $233,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Skea

    Seller's Agent in 2021

    Michael Skea

    Ward Wight Sotheby's International Realty

    (732) 272-5898

    23 in this area

    145 Total Sales

    Michael Skea
    Section Image

  • S

    Buyer's Agent in 2021

    Staci Bonin

    Diane Turton, Realtors-Wall

  • Staci Ruggiero

    Buyer's Agent in 2021

    Staci Ruggiero

    Nest Seekers New Jersey LLC

    (845) 537-0789

    1 in this area

    22 Total Sales

    Staci Ruggiero
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22039678

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00112-0000-00008

New Jersey Monmouth County Spring Lake 07762

317 Ludlow Ave, Spring Lake, NJ

This home is located at 317 Ludlow Ave, Spring Lake, NJ 07762 since 06 November 2020 and is currently estimated at $4,917,399, approximately $983 per square foot. This property was built in 2021. 317 Ludlow Ave is a home located in Monmouth County with nearby schools including St. Catharine School and St Rose High 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.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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