$1,600,000
SOLD FEB 1, 2018

401 Mercer Ave Unit 403 Spring Lake, NJ 07762

7 Beds
3.5 Baths
3,420 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$468 Per Sq Ft

22 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Home Office
  • 2-minute walk to Divine Park

About This Home

As of April 2020

Expanded Spring Lake Cape Style home on 100 x 100 ft lot. Master on lower level.Six additional bedrooms. Great beach house or year round potential. Three and a half baths.Large, open kitchen. Den with built ins. Formal living room. Charming and expansive. Best buy in this price category.

Last Agent to Sell the Property

George D'Amico

D'Amico & McConnell Realtors License #0230169 Listed on: 09/28/2017

Last Buyer's Agent

Brian Flynn

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,666

Year Built

  • Built in 1956

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 3,420 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Unfinished Basement
  • Heated Basement

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

  • H. W. Mountz Elementary And Middle School
  • St. Rose High School

Utilities

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

Additional Features

  • Outdoor Shower
  • Lot Dimensions are 100 x 100

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00050-0000-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,666

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cape
  • New Construction: No
  • Year Built: 1956
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Kitchen Center Island: Yes
  • General Property Info Lot Dimensions: 100 x 100
  • Location Middle School: H. W. Mountz
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Style Cape: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • ExteriorOutdoorShower: Yes
  • Siding Wood2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Heated, Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Total Bedrooms: 15
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Office2: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Waterfront: No
  • Exterior Features: Outdoor Shower

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 100 x 100
  • Parcel #: 47-00050-0000-00001
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 9666.0

MLS Schools

  • Elementary School: H. W. Mountz
  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
May 18, 2020
Sold by
Crown Homes Of Monmouth County Llc
Bought by
Marshalleck Ivan and Jones Margaret
Seller's Agent
Brian Church
Berkshire Hathaway HomeServices Fox & Roach - Neptune City
Buyer's Agent
Edward James Szumski
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
List Price
$3,574,000
Sold Price
$3,390,000
Premium/Discount to List
-$184,000
-5.15%
Total Days on Market
22
Current Estimated Value
$5,408,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,018,813
Avg. Annual Appreciation
9.46%

Purchase Details

Listed on
Sep 28, 2017
Closed on
Jan 30, 2018
Sold by
Gutschmit David D
Bought by
Crown Homes Of Monmouth County Llc
Seller's Agent
George D'Amico
D'Amico & McConnell Realtors
Buyer's Agent
Brian Flynn
Ward Wight Sotheby's International Realty
Sold Price
$1,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.46%
Original Mortgage
$1,000,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2011
Closed on
Feb 2, 2012
Sold by
Ferrara Anthony S and Erianne Therese L
Bought by
Gutschmit Paula
Seller's Agent
Ann Gardella
The MacGowan Agency, Inc.
Buyer's Agent
Elizabeth Hewson-judge
Ward Wight Sotheby's International Realty
Sold Price
$1,438,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $3,390,000 Signature Setmnt Svcs Agcy L
Deed $1,600,000 Fidelity National Title
Deed $1,438,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,695,000 New Conventional
Previous Owner $975,000 Construction
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $3,390,000 -4.5% $605 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $3,549,000 -0.7% $634 / Sq Ft
01/15/2020 01/15/20 For Sale $3,574,000 +123.4% $638 / Sq Ft
02/01/2018 02/01/18 Sold $1,600,000 +11.3% $468 / Sq Ft
02/02/2012 02/02/12 Sold $1,438,000 -- $420 / 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 $21,149 $4,367,700 $1,850,100 $2,517,600
2023 $21,149 $4,204,600 $1,745,800 $2,458,800
2022 $20,588 $3,943,100 $1,601,900 $2,341,200
2021 $20,588 $3,431,400 $1,313,800 $2,117,600
2020 $7,750 $1,254,100 $1,254,100 $0
2019 $7,673 $1,218,000 $1,218,000 $0
2018 $9,414 $1,499,100 $1,218,000 $281,100
2017 $9,025 $1,441,700 $1,176,000 $265,700
2016 $9,666 $1,415,200 $946,300 $468,900
2015 $9,727 $1,393,500 $924,600 $468,900
2014 $9,375 $1,366,600 $897,700 $468,900
Source: Public Records

Agents Affiliated with this Home

  • Brian Church

    Seller's Agent in 2020

    Brian Church

    Berkshire Hathaway HomeServices Fox & Roach - Neptune City

    (732) 272-4072

    8 in this area

    155 Total Sales

    Brian Church
    Section Image
  • Edward James Szumski

    Buyer's Agent in 2020

    Edward James Szumski

    BHHS Fox & Roach

    (732) 859-3751

    5 in this area

    180 Total Sales

    Edward James Szumski
    Section Image
  • George D'Amico

    Seller's Agent in 2018

    George D'Amico

    D'Amico & McConnell Realtors

    (732) 610-1203

    7 in this area

    22 Total Sales

    George D'Amico
    Section Image

  • B

    Buyer's Agent in 2018

    Brian Flynn

    Ward Wight Sotheby's International Realty

  • A

    Seller's Agent in 2012

    Ann Gardella

    The MacGowan Agency, Inc.

  • Elizabeth Hewson-judge

    Buyer's Agent in 2012

    Elizabeth Hewson-judge

    Ward Wight Sotheby's International Realty

    (732) 859-3018

    9 in this area

    19 Total Sales

    Elizabeth Hewson-judge
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21737708

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00050-0000-00001

New Jersey Monmouth County Spring Lake 07762

401 Mercer Ave Unit 403, Spring Lake, NJ

This home is located at 401 Mercer Ave Unit 403, Spring Lake, NJ 07762 and is currently priced at $1,600,000, approximately $467 per square foot. This property was built in 1956. 401 Mercer Ave Unit 403 is a home located in Monmouth County with nearby schools including St. Catharine 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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