NOT LISTED FOR SALE

408 Morris Ave Spring Lake, NJ 07762

Estimated Value: $4,673,000 - $5,297,000

6 Beds
6.5 Baths
1,523 Sq Ft
$3,183/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $2,520,000 $1,655 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $27,706/month

62 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • Mud Room
  • Recreation Room
  • Granite Countertops
  • No HOA

About This Home

As of April 2018

This house has it all ! Ideally located, one block to town & park and four blocks to beautiful Spring Lake beaches. Professionally designed interior offers plenty of room for all your guests with 6BRs & 6.5Bths plus lots of open space for big gatherings. First level great room with coffered ceilings,transom windows, gas fireplace and hardwood floors throughout.The office on this level multifunctions as a first floor BR with full bath, walk in closet and french doors. Second level offers a cozy lounge area at the top of stairs, 3 guest BRs, laundry room and a spacious master bedroom suite with private sitting area and stunning master bath ! Third level has another BR & large bonus room with full bath. Full finished basement includes recreation room, gym, full bath and another laundry room. The backyard offers outside dining under the pergola. Made easy with a built in grill, stovetop & beverage center . Outside shower, perfect for after the beach !Sprinkler system with private well . This turn key home is ready for summer living !!

Last Agent to Sell the Property

Leslie Mayer

O'Brien Realty, LLC License #0572045 Listed on: 01/11/2018

O'Brien Realty, LLC

Last Buyer's Agent

Sharon Batteau

Diane Turton, Realtors-Spring Lake License #0452407

Diane Turton, Realtors-Spring Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,403

Year Built

  • Built in 2016

Lot Details

  • 7,492

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Custom Home
  • Shingle Roof

Interior Spaces

  • 4-Story Property
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Mud Room
  • Family Room
  • Sitting Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Stove
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom Bathtub Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Outdoor Features

  • Outdoor Shower
  • Outdoor Gas Grill

Schools

  • H. W. Mountz Elementary And Middle 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

  • Assessor Parcel Number 47-00073-0000-00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,403

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dishwasher, Dryer, Stove, Stove Hood, Refrigerator, Gas Grill
  • Subdivision Name: None
  • Architectural Style: Custom, Detached
  • Reso Interior Features: Dec Molding, Security System, Recessed Lighting
  • Year Built: 2016
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Included Stove Hood: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • Rooms Bonus Room2: Yes
  • Rooms Sitting: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Included Gas Grill: Yes
  • Rooms Mud: Yes
  • Rec Room Level Basement9: Yes
  • Laundry Level Basement20: Yes
  • Den Level Basement33: Yes
  • Bonus Room Level Basement35: Yes
  • Mud Level Basement14: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full Finished
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Total Bedrooms: 19
  • Stories: 4
  • 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
  • Features Interior:Security System: Yes
  • Other Rooms:Office2: Yes
  • Other Rooms:Den2: Yes
  • Other Rooms:Rec Room: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Outdoor Shower

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: 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

  • Parcel #: 47-00073-0000-00023

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 14403.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Apr 30, 2018
Sold by
Kelleher Daniel and Kelleher Mary Kay
Bought by
Koda Llc
Seller's Agent
Leslie Mayer
O'Brien Realty, LLC
Buyer's Agent
Sharon Batteau
Diane Turton, Realtors-Spring Lake
Sold Price
$2,520,000
Current Estimated Value
$4,847,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,327,099
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
Jun 3, 2010
Sold by
Demurjian Joan
Bought by
Kelleher Daniel and Kelleher Mary Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,000
Interest Rate
4.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 10, 2002
Sold by
Olimpio Edward
Bought by
Demurjian Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,250
Interest Rate
6.82%

Purchase Details

Closed on
Sep 20, 2000
Sold by
Petrick Gregory
Bought by
Olimpio Edward and Olimpio Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.94%
Source: Public Records

Range of Values:

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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
Koda Llc $2,520,000 None Available
Kelleher Daniel $890,000 New Jersey Title Ins Co
Demurjian Joan $795,000 --
Olimpio Edward $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelleher Daniel $375,000
Previous Owner Kelleher Daniel $1,116,800
Previous Owner Kelleher Daniel J $37,500
Previous Owner Kelleher Daniel J $600,000
Previous Owner Kelleher Daniel $613,000
Previous Owner Demurjian Joan $596,250
Previous Owner Olimpio Edward $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $2,520,000 -- $1,655 / 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 $15,548 $3,572,900 $1,923,300 $1,649,600
2023 $15,548 $3,091,100 $1,480,000 $1,611,100
2022 $16,095 $2,985,000 $1,451,000 $1,534,000
2021 $16,095 $2,682,500 $1,295,000 $1,387,500
2020 $16,047 $2,596,600 $1,263,000 $1,333,600
2019 $15,876 $2,520,000 $1,225,000 $1,295,000
2018 $14,841 $2,363,200 $1,225,000 $1,138,200
2017 $14,403 $2,300,800 $1,225,000 $1,075,800
2016 $5,957 $872,200 $872,200 $0
2015 $5,936 $850,500 $850,500 $0
2014 $6,403 $933,400 $823,600 $109,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21801029

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00073-0000-00023