NOT LISTED FOR SALE

407 W Lake Dr Spring Lake, NJ 07762

Estimated Value: $3,945,000 - $4,468,000

3 Beds
2 Baths
1,378 Sq Ft
$3,021/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $1,430,000 $1,038 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $23,912/month

294 Days on Market

Highlights

  • Lake Front
  • Bay View
  • Wood Flooring
  • Lake On Lot
  • New Kitchen
  • 3-minute walk to Divine Park

About This Home

As of February 2020

Charming Lakeview Home in the heart of Spring Lake! Quality Updates wait for you such as BRAND NEW Rich Hardwood Flooring, Upgraded SS Appliances, Central A/C & so much more! This lovely home offers 3 Bedrooms & 2 Full Updated Baths. Living Room brings you to a spacious Dining Room through a beautiful archway. Kitchen boasts new Flooring, all new appliances PLUS new Washer & Dryer. The Family Room provides Gas Fireplace & access to Back Door. Step outside to enjoy a Brand New Paver Patio and Landscaped yard. Detached oversized 2 car garage + full Bsmnt. Addition in 1997. Many more updates throughout this warm Spring Lake gem. Front door view of Spring Lake & Devine Park, Close to Spring Lake's renown Beach, Boardwalk, & Downtown Shops of 3rd Ave. Great Location! Home Warranty Included

Last Agent to Sell the Property

Laura Millen

Coldwell Banker Realty License #0676499 Listed on: 04/09/2019

Coldwell Banker Realty

Last Buyer's Agent

Grete Scott

D'Amico & McConnell Realtors License #9231128

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,900

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 51 x 135
  • Lake Front

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Bay Window
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Bay Views
  • Pull Down Stairs to Attic
  • Storm Doors
  • Basement

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Roll-in Shower
  • Handicap Shower
  • Hand Rail

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Lake On Lot
  • Covered Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Front Chandelier is excluded but negotiable.
  • Assessor Parcel Number 47-00060-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,900

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: See Remarks, Other
  • Inclusions: Outdoor Lighting, Washer, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Stove Hood, Refrigerator, Screens, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Reso Accessibility Features: Stall Shower, Support Rails
  • Architectural Style: Detached, Other - See Remarks
  • Reso Flooring: Cement
  • Reso Interior Features: Attic, Attic - Pull Down Stairs, Bay/Bow Window, Ceilings - 9Ft+ 1st Flr, Skylight
  • Year Built: 1920
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.16
  • General Property Info Lot Dimensions: 51 x 135
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Included Stove Hood: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen Floor - Laminate2: Yes
  • Garage Oversized: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Special Needs Stall Shower: Yes
  • Living Room BayBow Window2: Yes
  • Water Type Lake: Yes
  • GreatFamily Room Skylight3: Yes
  • Heating 2 Zoned Heat: Yes
  • Energy Features:Energy Appliances: Yes
  • Energy Features:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.16
  • Waterfront Features: Other - See Remarks, Lake
  • Waterfront: No
  • Exclusions: Front Chandelier is excluded but negotiable.
  • Construction Type: Aluminum Siding
  • Exterior Features: Patio, Porch - Covered, Lighting
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 51 x 135
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 47-00060-0000-00002
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8900.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
Feb 13, 2020
Sold by
Crowther Jonathan B and Estate Of Robert W Crowther
Bought by
Presutti William and Presutti Ellen
Seller's Agent
Laura Millen
Coldwell Banker Realty
Buyer's Agent
Grete Scott
D'Amico & McConnell Realtors
Sold Price
$1,430,000
Current Estimated Value
$4,163,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,733,148
Avg. Annual Appreciation
21.44%
Original Mortgage
$1,948,000
Interest Rate
3.2%
Mortgage Type
Construction
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
Presutti William $1,430,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Presutti William $500,000
Open Presutti William $2,868,750
Previous Owner Presutti William $1,948,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $1,430,000 -- $1,038 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
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 $14,740 $3,129,700 $1,966,700 $1,163,000
2023 $14,740 $2,930,400 $1,794,200 $1,136,200
2022 $8,588 $1,631,100 $1,631,100 $0
2021 $8,588 $1,431,400 $1,358,300 $73,100
2020 $8,978 $1,452,700 $1,355,700 $97,000
2019 $8,943 $1,419,500 $1,325,300 $94,200
2018 $8,900 $1,417,200 $1,325,300 $91,900
2017 $8,572 $1,369,400 $1,282,500 $86,900
2016 $8,520 $1,247,400 $1,123,400 $124,000
2015 $8,368 $1,234,600 $1,110,600 $124,000
2014 $8,219 $1,234,600 $1,110,600 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21914504

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00060-0000-00002