NOT LISTED FOR SALE

402 Worthington Ave Spring Lake, NJ 07762

Estimated Value: $3,903,302 - $4,346,000

5 Beds
2.5 Baths
3,640 Sq Ft
$1,119/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $2,412,500 $663 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $22,770/month

72 Days on Market

Highlights

  • Custom Home
  • Attic
  • Corner Lot
  • Wood Flooring
  • Music Room
  • Mud Room

About This Home

As of October 2020

Excellent opportunity to own a classic Spring Lake colonial! Situated on an over sized 100-foot corner lot, encompassed by a rare & nostalgic white picket fence. The magnificent wrap around porch overlooks a beautiful yard and provides the perfect setting for family gatherings & entertaining. Inside you'll be welcomed to immaculate hardwood flooring, 5 bedrooms including a luxurious master suite, 2.5 baths, large kitchen w/ center island and a full finished basement w/ high ceilings. Access to the porch can also be found from each the Family Room and Living Room creating tremendous flow throughout the home. Located on the highly sought after North End of town, 4 blocks to Spring Lake Beach, the stage has been set for a lifetime of memories, here, in one of the Jersey Shores finest town

Last Agent to Sell the Property

Christopher Smith

Chris Smith Realty License #1541315 Listed on: 06/09/2020

Co-Listed By

Chris Smith

Chris Smith Realty License #8441824

Last Buyer's Agent

Meghan Frost

Ward Wight Sotheby's International Realty License #1327673

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,451

Year Built

  • Built in 2003

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x121
  • Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway with Pavers
  • Paver Block

Home Design

  • Custom Home
  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,640 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Music Room
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Stove
  • Portable Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Chandelier in Dining Room
  • Assessor Parcel Number 47-00127-0000-00021-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,451

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Co List Office Mls Id: 1875
  • Co List Office Phone: 732-449-3777
  • Inclusions: Washer, Counter Top Range, Dishwasher, Dryer, Microwave, Stove
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Flooring: W/W Carpet
  • Reso Interior Features: Attic - Walk Up, Ceilings - 9Ft+ 1st Flr, Dec Molding, Sliding Door, Recessed Lighting
  • Year Built: 2003
  • Contract Info List PriceSqFt: 686.54
  • General Property Info Waterview: No
  • 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: 0.29
  • General Property Info Lot Dimensions: 100x121
  • Location Middle School: H. W. Mountz
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Exterior Sprinkler Under: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Parking Paver Block: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Living Room Sliding Door2: Yes
  • Interior Attic - Walk Up: Yes
  • Included Counter Top Range: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Foyer Dec Molding2: Yes
  • Rooms Attic2: Yes
  • Rooms Music: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Other Rooms:Basement3: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.29
  • Topography: Level
  • Waterfront: No
  • Exclusions: Chandelier in Dining Room
  • Exterior Features: Fence, Outdoor Shower, Patio, Porch - Open, Sprinkler Under, Porch - Covered, Lighting
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paver Block, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public, Well
  • 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: 100x121
  • Lot Size Sq Ft: 12632.4
  • Parcel #: 47-00127-0000-00021-01
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12451.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Oct 19, 2020
Sold by
Smith Denis and Smith Margaret
Bought by
Roccesano Richard and Roccesano Susan
Seller's Agent
Christopher Smith
Chris Smith Realty
Buyer's Agent
Meghan Frost
Ward Wight Sotheby's International Realty
List Price
$2,799,000
Sold Price
$2,412,500
Premium/Discount to List
-$386,500
-13.81%
Current Estimated Value
$4,071,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,659,326
Avg. Annual Appreciation
10.70%

Purchase Details

Closed on
Nov 9, 2009
Sold by
Smith Denis and Smith Margaret
Bought by
Smith Denis and Smith Margaret

Purchase Details

Closed on
Aug 28, 2006
Sold by
Sagui Matthew
Bought by
Smith Denis and Smith Margaret

Purchase Details

Closed on
Apr 25, 1997
Sold by
Boyle George
Bought by
Smith Denis and Smith Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roccesano Richard $2,412,500 Trident Abstract Ttl Agcy Ll
Roccesano Richard $2,412,500 Trident Abstract Title
Smith Denis -- None Available
Smith Denis -- --
Smith Denis -- --
Smith Denis $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Denis $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $2,412,500 -3.5% $663 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/04/2020 08/04/20 Price Changed $2,499,000 -7.4% $687 / Sq Ft
07/04/2020 07/04/20 Price Changed $2,699,000 -3.6% $741 / Sq Ft
06/09/2020 06/09/20 For Sale $2,799,000 -- $769 / 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 $16,221 $3,533,400 $2,131,200 $1,402,200
2024 $13,127 $3,317,200 $2,012,500 $1,304,700
2023 $13,127 $2,609,700 $1,751,400 $858,300
2022 $6,158 $2,421,400 $1,592,200 $829,200
2021 $6,158 $2,058,300 $1,253,900 $804,400
2020 $12,417 $2,009,300 $1,215,300 $794,000
2019 $12,451 $1,976,300 $1,195,100 $781,200
2018 $12,357 $1,967,600 $1,195,100 $772,500
2017 $12,052 $1,925,200 $1,195,100 $730,100
2016 $11,431 $1,673,600 $1,003,500 $670,100
2015 $11,530 $1,651,900 $981,800 $670,100
2014 $11,148 $1,625,000 $954,900 $670,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22018539

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00127-0000-00021-01