$2,225,000
SOLD DEC 19, 2024

408 Ludlow Ave Spring Lake, NJ 07762

4 Beds
2.5 Baths
2,464 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$903 Per Sq Ft

9% Below List Price

99 Days on Market

Highlights

  • Deck
  • Attic
  • No HOA
  • Wood Flooring
  • Granite Countertops
  • Skylights

About This Home

As of December 2024

Perched on an elevated lot sitting back amongst mature trees is one of the coolest homes in Spring Lake. With an eclectic vibe that emanates throughout the house, this home feels like an original ''Spring Laker'', but is actually only 26 years young. The front porch is meant for lounging the day away sipping coffee and the deck and patio, when lit with sparkling white lights, will have you dreaming of entertaining the night away under the moonlight. This is a home made for living and not sweating the small stuff. Serve big dinners in the dining room and eat-in kitchen while your crew hangs by a fire or sit quietly in the living room with a good book. The primary bedroom with en-suite bath makes starting your day a breeze and the other three bedrooms provide room for family and guests. Walks on the boards, bike to the ocean, coffee in town or hit the theater for a show followed by a fabulous dinner and ice cream...No matter what you enjoy doing, you will be thrilled to do it here just a mere four and a half blocks to the North End Pavilion in the beautiful town of Spring Lake. This home is ready for its next adventure...why not make it yours?

Last Agent to Sell the Property

Meghan Frost

Ward Wight Sotheby's International Realty License #1327673 Listed on: 08/30/2024

Ward Wight Sotheby's International Realty

Last Buyer's Agent

Peg Devane

Ward Wight Sotheby's International Realty License #1111880

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,067

Year Built

  • Built in 1998

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced
  • Landscaped with Trees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,464 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air 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: Personal objects
  • Assessor Parcel Number 47-00116-0000-00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,067

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Treed Lots
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: 2 Story
  • Reso Flooring: Cement
  • Reso Interior Features: Attic, Attic - Pull Down Stairs, Dec Molding, Skylight, Sliding Door
  • Year Built: 1998
  • Contract Info List PriceSqFt: 903.0
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: H. W. Mountz
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Treed Lots: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Garage None4: Yes
  • Included Window Treatments: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Style 2 Story: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Ceilings - High, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • 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
  • Basement:Unfinished: Yes
  • Features Interior:Skylight: 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 Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Walk-in Closet2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Personal objects
  • Exterior Features: Deck, Fence, Patio, Porch - Open
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • 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
  • 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: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00116-0000-00022
  • Zoning Description: Residential, Single Family, Neighborhood

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10067.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Dec 9, 2024
Sold by
Luzzi Maggie Cain
Bought by
Mobley Robert Timothy and Mobley Katherine Hoos
Seller's Agent
Meghan Frost
Ward Wight Sotheby's International Realty
Buyer's Agent
Peg Devane
Ward Wight Sotheby's International Realty
List Price
$2,450,000
Sold Price
$2,225,000
Premium/Discount to List
-$225,000
-9.18%
Views
43
Current Estimated Value
$2,520,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,274
Avg. Annual Appreciation
7.31%
Original Mortgage
$1,225,000
Outstanding Balance
$1,215,347
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,169,012
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 Type Sale Price Title Company
Deed $2,225,000 Vintage Title Services
Deed $2,225,000 Vintage Title Services
Deed $2,225,000 Vintage Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,225,000 New Conventional
Closed $1,225,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2024 12/19/24 Sold $2,225,000 0.0% $903 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
10/29/2024 10/29/24 Price Changed $2,225,000 -5.3% $903 / Sq Ft
09/17/2024 09/17/24 Price Changed $2,349,000 -4.1% $953 / Sq Ft
08/30/2024 08/30/24 For Sale $2,450,000 0.0% $994 / Sq Ft
07/31/2024 07/31/24 For Sale $2,450,000 -- $994 / Sq Ft
07/30/2024 07/30/24 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
2025 $11,193 $2,455,100 $1,865,000 $590,100
2024 $10,067 $2,289,000 $1,740,000 $549,000
2023 $10,067 $2,001,400 $1,465,200 $536,200
2022 $9,065 $1,842,500 $1,332,000 $510,500
2021 $9,065 $1,510,800 $1,049,000 $461,800
2020 $9,028 $1,460,800 $1,017,000 $443,800
2019 $9,015 $1,431,000 $1,000,000 $431,000
2018 $8,983 $1,430,400 $1,000,000 $430,400
2017 $8,807 $1,406,800 $1,000,000 $406,800
2016 $7,668 $1,122,700 $828,600 $294,100
2015 $7,693 $1,102,100 $808,000 $294,100
2014 $7,385 $1,076,500 $782,400 $294,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22421440

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00116-0000-00022