NOT LISTED FOR SALE

408 Mercer Ave Spring Lake, NJ 07762

Estimated Value: $2,061,000 - $2,824,000

2 Beds
2 Baths
1,200 Sq Ft
$2,034/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $1,010,000 $842 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $13,975/month

16 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • 3 Car Detached Garage
  • Wood Flooring
  • Beamed Ceilings
  • 3-minute walk to Divine Park

About This Home

As of October 2015

Oh Yes, Rocking Chair Front Porch! This may be the opportunity you are waiting for... turn of the century home with the charm of Old Spring Lake and the potential to be a mix of old and new. Looking for a buyer with vision to update and care for this fine old lady! The 3 car garage is a rare commodity today and plenty off street paved parking. Location is perfect; 1 block to the Lake and 4 blocks to the beach. Currently a 2 bedroom, 1 3/4 bath with a full dining room and living room, small deck off the back and long back yard just enough for a BBQ or family party. Please call for an appointment today!

Last Agent to Sell the Property

Janet Stephens

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #0447109 Listed on: 07/22/2015

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Last Buyer's Agent

Diane Cambron

Bonnie O' Malley Realtor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,360

Year Built

  • Built in 1910

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 3 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only

Outdoor Features

  • Porch

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: owners personal possessions
  • Assessor Parcel Number 47 00060-0000-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,360

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Microwave, Refrigerator, Fireplace Equipment, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Cape
  • Reso Flooring: W/W Carpet, Wood
  • Reso Interior Features: Built-Ins, Ceilings - Beamed
  • Year Built: 1910
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.18
  • General Property Info Lot Dimensions: 50 x 150
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Style Cape: Yes
  • Siding Shingle: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Living Room Dec Molding3: Yes
  • Garage Oversized: Yes
  • Interior Ceilings - Beamed: Yes
  • Dining Room Built-Ins3: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Exclusions: owners personal possessions
  • Construction Type: Shingle Siding
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Paved, Driveway, Off Street, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, HWBB
  • 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: 50 x 150
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 47 00060-0000-00018
  • Zoning Description: Residential, Neighborhood

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6360.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2015
Closed on
Oct 22, 2015
Sold by
Paulus Kathleen and Young William
Bought by
Valentine Leonard A and Valentine Margaret J
Seller's Agent
Janet Stephens
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Diane Cambron
Bonnie O' Malley Realtor
Sold Price
$1,010,000
Current Estimated Value
$2,440,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,430,286
Avg. Annual Appreciation
9.39%
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
Valentine Leonard A $1,010,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valentine Leonard A $400,000
Closed Valentine Margaret J $400,000
Closed Valentine Margaret $50,000
Previous Owner Paulus John E $435,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2015 10/29/15 Sold $1,010,000 -- $842 / 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 $8,142 $1,743,800 $1,701,300 $42,500
2023 $8,142 $1,618,600 $1,577,100 $41,500
2022 $7,333 $1,486,500 $1,447,000 $39,500
2021 $7,333 $1,222,200 $1,186,500 $35,700
2020 $7,214 $1,167,300 $1,133,000 $34,300
2019 $7,140 $1,133,300 $1,100,000 $33,300
2018 $7,112 $1,132,500 $1,100,000 $32,500
2017 $6,766 $1,080,800 $1,050,000 $30,800
2016 $6,913 $1,012,200 $872,200 $140,000
2015 $6,664 $990,500 $850,500 $140,000
2014 $6,360 $963,600 $823,600 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21528539

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00060-0000-00018