NOT LISTED FOR SALE

393 Lake Ave Oakhurst, NJ 07755

Estimated Value: $1,602,000 - $2,320,000

7 Beds
4 Baths
4,500 Sq Ft
$418/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $1,550,000 $344 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $12,189/month

9 Days on Market

Highlights

  • Heated In Ground Pool
  • Circular Driveway
  • Living Room
  • No HOA
  • Porch
  • Recessed Lighting

About This Home

As of June 2022

Seeing is Believing! All New, 7 Bedroom, 4 Bath custom home. New heated in-ground pool & custom paver patio. Large 100x160 lot. Be swimming by summer 2022. Expansive Raised Ranch with combined 4,500 of living space. Huge circular driveway with Belgian block border. Custom modern kitchen with hi-end appliances, Kohler fixtures, 2 sinks, microwave drawer, double oven. Bathrooms feature top of the line fixtures and custom tile work. All bedrooms have spacious closet systems. Heated pool features LED lighting and custom tile work plus paver patio. The serene backyard offers tranquil privacy as there are no neighbors in the rear. EV Car charging connection. Sprinkler system, all new landscaping. Central location, quick walk to West Long Branch and Oakhurst houses of worship. One of a kind!

Last Agent to Sell the Property

Joshua Sasson

Cathy Ades Real Estate LLC License #2184736 Listed on: 07/05/2022

Last Buyer's Agent

Alex Saka

Avenue Realty NJ License #2186348

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,760

Year Built

  • Built in 1973

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100 x 160
  • Fenced

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Living Room
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • Circular Driveway
  • Paved Parking

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Pool Equipment Stays

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 37-00005-0000-00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,760

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Heated, In Ground, Pool Equipment
  • Subdivision Name: None
  • Architectural Style: Expanded Ranch
  • Reso Interior Features: Attic - Pull Down Stairs, Recessed Lighting
  • New Construction: No
  • Year Built: 1973
  • Contract Info New Construction: No
  • 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
  • Pool Heated3: Yes
  • General Property Info Acreage: 0.37
  • General Property Info Lot Dimensions: 100 x 160
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Pool Pool Equipment: Yes
  • Basement Heated: Yes
  • Style Expanded Ranch: Yes
  • SidingStucco: Yes
  • Parking Circular Driveway: Yes
  • Living Room Raised: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full, Heated
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.37
  • Waterfront: No
  • Exterior Features: Fence, Porch - Open, Swimming, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Circular Driveway, Asphalt
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 100 x 160
  • Lot Size Sq Ft: 16117.2
  • Parcel #: 37-00005-0000-00021

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9760.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Jun 30, 2022
Sold by
Sasson and Marilyn
Bought by
Grand Joseph
Seller's Agent
Joshua Sasson
Cathy Ades Real Estate LLC
Buyer's Agent
Alex Saka
Avenue Realty NJ
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%
Current Estimated Value
$1,879,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,737
Avg. Annual Appreciation
7.95%
Original Mortgage
$970,000
Outstanding Balance
$928,244
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$1,045,823

Purchase Details

Listed on
Oct 2, 2020
Closed on
Mar 5, 2021
Sold by
Okunseinde Olusola and Okunseinde Lydia
Bought by
Sasson Joshua and Sasson Marilyn
Seller's Agent
Deana Kreher
RE/MAX Gateway
Buyer's Agent
Kathleen Galano
RE/MAX Gateway
List Price
$349,000
Sold Price
$426,484
Premium/Discount to List
$77,484
22.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
165.81%
Source: Public Records

Range of Values:

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Average Value
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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
Grand Joseph $1,550,000 First American Title
Sasson Joshua $426,484 All Ahead Title Agency
Sasson Joshua $426,484 All Ahead Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grand Joseph $500,000
Open Grand Joseph $970,000
Previous Owner Okunseinde Olusola $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 For Sale $1,695,000 +9.4% $377 / Sq Ft
06/30/2022 06/30/22 Sold $1,550,000 0.0% $344 / Sq Ft
05/27/2022 05/27/22 Off Market $1,550,000 -- --
05/17/2022 05/17/22 For Sale $1,695,000 +297.4% $377 / Sq Ft
03/05/2021 03/05/21 Sold $426,484 +22.2% $205 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $349,000 -- $168 / 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 $23,369 $1,480,900 $627,200 $853,700
2023 $23,369 $1,528,400 $698,500 $829,900
2022 $9,760 $626,900 $355,700 $271,200
2021 $9,760 $496,700 $278,200 $218,500
2020 $9,792 $491,800 $278,200 $213,600
2019 $9,644 $473,000 $260,700 $212,300
2018 $9,023 $430,900 $205,700 $225,200
2017 $9,013 $428,600 $215,700 $212,900
2016 $8,403 $359,400 $185,700 $173,700
2015 $8,656 $374,900 $205,700 $169,200
2014 $8,570 $376,200 $205,700 $170,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22214907

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00005-0000-00021