NOT LISTED FOR SALE

409 Ludlow Ave Spring Lake, NJ 07762

Estimated Value: $4,456,000 - $4,801,000

5 Beds
5 Baths
1,596 Sq Ft
$2,885/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $820,000 $514 Per Sq Ft

Est. 461% increase in value since last sale

Current estimated payment $25,708/month

Highlights

  • Heated Pool and Spa
  • Deck
  • Sun or Florida Room
  • Newly Remodeled
  • Wood Flooring
  • Music Room

About This Home

As of August 2019

Book Summer 2020, 2018 construction @ $11,000/wk! Outdoor chef's kitchen with fridge, ice machine, grill, sideburners, & sink. New gunite pool with hottub, H/C outdoor shower & sun porch for morning coffee to soak it all in. This house has it ALL! 5 bedrooms & 5 full baths, a Gourmet Chef's kitchen featured in the 2018 Spring Lake Kitchen Tour. Piano bar/Elevator/Theatre & games area, steam shower in the master & hardwood, crystal, & moldings throughout! Open Family Room & Dining for entertaining! Master boasts a balcony & 13ft ceilings, 2nd bedroom has balcony. Located in the desirable North end of Spring Lake, 4 blocks directly to North end pavillion/4 blocks to town. Bikes/paddleboards, 5 beach/pool badges & full locker incl.! Cleaning fee & Dep.req. Ask about Pets & Fall 2019 rates

Last Agent to Rent the Property

Abby Boles

Curran Group Real Estate Services License #1859145 Listed on: 03/21/2019

Co-Listed By

Charlotte Drinkwater

Turpin Real Estate, Inc

Last Renter's Agent

Jane Ruocco

Diane Turton, Realtors-Spring Lake License #0229289

Diane Turton, Realtors-Spring Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,578

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Fenced

Interior Spaces

  • 3-Story Property
  • Furnished
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Family Room
  • Dining Room
  • Music Room
  • Sun or Florida Room
  • Screened Porch
  • Center Hall
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Steam Shower
  • Primary Bathroom includes a Walk-In Shower

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • Detached Garage
  • Driveway

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,500
  • Exclusions: Elevator, Outdoor pizza oven, Fireplace in bedroom and family room
  • Ask Agent About Lease Term
  • Short Term Lease
  • Assessor Parcel Number 47-00113-0000-00005

Community Details

Overview

  • No Home Owners Association
  • Front Yard Maintenance
  • Association fees include electricity, lawn maintenance, pool, water, heat, sewer
  • Nantucket

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,578

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Rental Info

  • Furnished: Furnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Model: Nantucket
  • ResoPoolFeatures: Fenced, Heated, In Ground, With Spa
  • Reso Association Fee Includes: Electricity, Lawn Maintenance, Pool, Water, Heat, Sewer
  • Co List Office Mls Id: 3587
  • Co List Office Phone: 908-439-3300
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • Reso Flooring: W/W Carpet
  • Reso Interior Features: Balcony, Built-Ins, Center Hall, Dec Molding, Recessed Lighting
  • Year Built: 2018
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Pool Heated3: Yes
  • Fee Includes Pool3: Yes
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Rooms Garage4: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Pool Fenced: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Maintenance Fees Security Deposit3: 2500.0
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior Hot Tub2: Yes
  • Pool With Spa: Yes
  • Exterior Porch - Screened: Yes
  • General Property Info # Parking Spaces3: 3
  • Allowable Dogs2: Yes
  • Furnished Full2: Yes
  • Lease Terms Short Term: Yes
  • Lease Terms Winter: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Foyer Dec Molding2: Yes
  • Fee Includes Heat4: Yes
  • Fee Includes Electricity3: Yes
  • Rooms Music: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full Finished, Heated
  • Basement: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Total Bedrooms: 16
  • Stories: 3
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Sunroom: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Double Sinks2: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bath Tub2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bedroom Level Second39: Yes
  • Primary Bath Steam Shower3: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Elevator, Outdoor pizza oven, Fireplace in bedroom and family room
  • Exterior Features: Deck, Fence, Hot Tub, Outdoor Shower, Patio, Porch - Screened
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Parcel #: 47-00113-0000-00005

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2018
Sold by
Mcgreen Holdings Llc
Bought by
Donnell Brendan O and Donnell Maria O
Current Estimated Value
$4,604,113

Purchase Details

Listed on
Jun 24, 2016
Closed on
Jul 18, 2016
Sold by
Gilligan Jane F and Scheel Frederick V
Bought by
Mcgreen Holdings L L C
Seller's Agent
Kiernan Difeo
Jack Green Realty
Buyer's Agent
Kiernan Difeo
Jack Green Realty
Sold Price
$6,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.17%
Interest Rate
3.42%

Purchase Details

Listed on
Sep 18, 2013
Closed on
Dec 5, 2013
Sold by
Gormally Charles X
Bought by
Scheel Frederick
Seller's Agent
John Natale
Keller Williams Realty West Monmouth
Buyer's Agent
Eileen Imperato
Keller Williams Realty West Monmouth
Sold Price
$970,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.47%

Purchase Details

Listed on
Sep 18, 2013
Closed on
Oct 29, 2013
Sold by
Gormally Charles X
Bought by
Gormally Charles X and Tangeman Margaret M
Seller's Agent
John Natale
Keller Williams Realty West Monmouth
Buyer's Agent
Eileen Imperato
Keller Williams Realty West Monmouth
Sold Price
$970,000
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
Donnell Brendan O $2,150,000 Trident Abstract Title Agenc
Mcgreen Holdings L L C $820,000 --
Scheel Frederick $740,000 None Available
Scheel Frederick W $970,000 None Available
Gormally Charles X -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgreen Holdings L L C --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Rented $55,000 +816.7% --
09/01/2016 09/01/16 Rented $6,000 0.0% --
06/14/2016 06/14/16 Sold $820,000 -15.5% $514 / Sq Ft
12/11/2013 12/11/13 Sold $970,000 -- $608 / 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
2025 $15,578 $3,544,100 $1,865,000 $1,679,100
2024 $14,473 $3,185,600 $1,740,000 $1,445,600
2023 $14,473 $2,877,400 $1,465,200 $1,412,200
2022 $13,599 $2,677,300 $1,332,000 $1,345,300
2021 $13,599 $2,267,300 $1,049,000 $1,218,300
2020 $13,525 $2,188,500 $1,017,000 $1,171,500
2019 $13,471 $2,138,300 $1,000,000 $1,138,300
2018 $6,280 $1,000,000 $1,000,000 $0
2017 $6,921 $1,105,600 $1,000,000 $105,600
2016 $7,013 $1,026,800 $828,600 $198,200
2015 $7,023 $1,006,200 $808,000 $198,200
2014 $6,727 $980,600 $782,400 $198,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21911480

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00113-0000-00005