NOT LISTED FOR SALE

406 Lake Dr Unit Front House Allenhurst, NJ 07711

Estimated Value: $1,624,000 - $1,727,000

3 Beds
3.5 Baths
1,634 Sq Ft
$1,013/Sq Ft Est. Value

Highlights

  • Lake Front
  • 3-minute walk to Allenhurst
  • Wood Flooring
  • Lake On Lot
  • Colonial Architecture
  • 4-minute walk to Terrence J. Bolan Park

About This Home

As of July 2024

Lovely Summer 2024 rental overlooking Deal Lake available Memorial Day weekend through Labor Day weekend. This home has modern amenities while keeping its original charm. Hardwood floors throughout both floors of the home. Spacious and open chefs kitchen features a Viking range and stainless steel appliances. Original wood burning fireplace and built ins are featured in the living room. Great location in desirable Allenhurst overlooking Deal Lake and in close proximity to Main St businesses, the beach club and the Allenhurst train station.

Last Agent to Rent the Property

Esther Silvera

Silvera Realty Co. License #1643477 Listed on: 11/14/2023

Last Renter's Agent

Esther Silvera

Davis Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 9,148 Sq Ft Lot
  • Lake Front
  • Historic Home

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,634 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Wood Flooring
  • Water Views
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Stove
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Property is near a lake
  • Lake On Lot
  • Lake Property
  • Porch

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Radiant Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Month-to-Month Lease Term
  • Short Term Lease
  • Assessor Parcel Number 02-00031-0000-00002

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Furnished: Furnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Stove, Refrigerator, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Historic, Colonial
  • Reso Interior Features: Built-Ins, Dec Molding
  • Year Built: 1910
  • Contract Info List PriceSqFt: 23.87
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 0.21
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Number Appliances Included A C Units: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Living Room Dec Molding3: Yes
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Furnished Full2: Yes
  • Living Room Built-Ins2: Yes
  • Lease Terms Month to Month: Yes
  • Lease Terms Short Term: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Water Type Lake: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Style Historic: Yes
  • Exterior Lake3: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Partial
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Partially Finished: Yes
  • Basement:Partial: Yes
  • Primary Bedroom Floor - Wood8: Yes

Exterior Features

  • Acres: 0.21
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Porch - Open, Lake

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Other, Off Street, On Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Steam, Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Steam: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 02-00031-0000-00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
Pierce Jerry E and Pierce Cynthia L
Bought by
Sultan Daniel and Sultan Lawrence Daniel
Current Estimated Value
$1,655,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$387,278
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,268,545

Purchase Details

Closed on
Apr 2, 1996
Sold by
Jones Marion
Bought by
Pierce Jery and Pierce Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sultan Daniel $1,126,000 Trident Abstract Ttl Agcy Ll
Pierce Jery $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sultan Daniel $425,000
Previous Owner Pierce Jery $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Rented $33,000 -15.4% --
05/07/2024 05/07/24 Under Contract -- -- --
04/26/2024 04/26/24 Price Changed $39,000 -8.2% $24 / Sq Ft
03/19/2024 03/19/24 Price Changed $42,500 -5.6% $26 / Sq Ft
11/14/2023 11/14/23 For Rent $45,000 +156.1% --
09/18/2023 09/18/23 Rented $17,570 -- --
07/05/2023 07/05/23 Under Contract -- -- --
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 $8,564 $1,728,700 $1,167,800 $560,900
2024 $7,122 $1,454,000 $1,039,800 $414,200
2023 $7,122 $1,141,400 $751,700 $389,700
2022 $5,641 $858,000 $631,300 $226,700
2021 $5,641 $745,200 $543,500 $201,700
2020 $5,356 $677,100 $480,000 $197,100
2019 $4,965 $624,500 $428,500 $196,000
2018 $4,872 $612,100 $428,500 $183,600
2017 $4,684 $602,000 $428,500 $173,500
2016 $4,484 $539,000 $393,400 $145,600
2015 $4,395 $476,700 $351,300 $125,400
2014 $3,980 $468,200 $362,500 $105,700
Source: Public Records

Agents Affiliated with this Home

  • Esther Silvera

    Landlord's Agent in 2024

    Esther Silvera

    Silvera Realty Co.

    (347) 697-0010

    1 in this area

    39 Total Sales

    Esther Silvera
    Section Image

  • G

    Buyer's Agent in 2023

    Gino Tartamella

    RE/MAX

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22331671

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 02-00031-0000-00002

New Jersey Monmouth County Allenhurst 07711

406 Lake Dr Unit Front House, Allenhurst, NJ

Not Listed for Sale

Detached

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