NOT LISTED FOR SALE

409 Ludlow Ave Spring Lake, NJ 07762

Spring Lake Neighborhood

Estimated Value: $3,906,000 - $4,614,000

5 Beds
5 Baths
3,310 Sq Ft
$1,265/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $820,000 $248 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $24,421/month

About This Home

As of June 2016

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

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
$4,187,256

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
20.06%
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

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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 Llc $1,275,000
Previous Owner Mcgreen Holdings L L C --
Previous Owner Scheel Frederick $483,000
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

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 $14,473 $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

  • A

    Seller's Agent in 2019

    Abby Boles

    Curran Group Real Estate Services

    (917) 821-2514

    3 in this area

    18 Total Sales

    Abby Boles
    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Charlotte Drinkwater

    Coldwell Banker Realty

    (732) 449-2777

    2 in this area

    2 Total Sales

    Charlotte Drinkwater
    Section Image
  • Jane Ruocco

    Buyer's Agent in 2019

    Jane Ruocco

    Diane Turton, Realtors-Spring Lake

    (732) 232-1234

    23 Total Sales

    Jane Ruocco
    Section Image
  • Cindy Napp

    Seller's Agent in 2016

    Cindy Napp

    Diane Turton, Realtors-Spring Lake

    (732) 859-7808

    11 in this area

    64 Total Sales

    Cindy Napp
    Section Image
  • Kiernan Difeo

    Seller's Agent in 2016

    Kiernan Difeo

    Jack Green Realty

    (732) 684-8197

    9 in this area

    36 Total Sales

    Kiernan Difeo
    Section Image
  • Karen Matuch

    Seller Co-Listing Agent in 2016

    Karen Matuch

    Jack Green Realty

    (732) 449-1212

    9 in this area

    35 Total Sales

    Karen Matuch
    Section Image
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Map

New Jersey Monmouth County Spring Lake 07762 Spring Lake

409 Ludlow Ave, Spring Lake, NJ

Homes for Sale in Spring Lake, NJ

This home is located at 409 Ludlow Ave, Spring Lake, NJ 07762 and is currently estimated at $4,187,256, approximately $1,265 per square foot. 409 Ludlow Ave is a home located in Monmouth County with nearby schools including St. Catharine School and St Rose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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