$820,000
SOLD JUN 14, 2016

409 Ludlow Ave Spring Lake, NJ 07762

4 Beds
1 Bath
1,596 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$514 Per Sq Ft

65 Days on Market

Highlights

  • Dutch Colonial Architecture
  • Attic
  • 2 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of June 2016

Attention all builders, investors & project seekers, newly reduced and priced to sell. Low taxes and situated on a conforming 50 X 150 lot. Buy now, rebuild or renovate - your choice! Being sold as is, this charming, original Dutch Colonial is waiting for a new owner’s personal touch or retirement. Original HDWD floors in the LR & DR. The eat-in kitchen offers a substantial amount of cabinets & access to a paver patio. 2nd floor has 4 bedrooms, 1 bath & a walk up attic. Conveniently located, just 4 blocks to the beach and a short distance to downtown, the lake and parks; everything that makes Spring Lake special.

Last Agent to Sell the Property

Cindy Napp

Diane Turton, Realtors-Spring Lake License #1005282 Listed on: 03/14/2016

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Jenifer Green Grigg

Jack Green Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,023

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 50 x 150
  • Sprinkler System

Parking

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

Home Design

  • Dutch Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Washer
  • Attic
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Gas Grill, 1 Rhododendron, 3 Hydrangeas
  • Assessor Parcel Number 47-00113-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,023

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dishwasher, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Dutch Colonial, Detached
  • Reso Flooring: Cement
  • Reso Interior Features: Attic, Built-Ins
  • New Construction: No
  • Year Built: 1925
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Exterior Porch - Open: Yes
  • Exterior Sprinkler Under: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Eat-In: Yes
  • Style Dutch Colonial: Yes
  • Dining Room Built-Ins3: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Gas Grill, 1 Rhododendron, 3 Hydrangeas
  • Exterior Features: Patio, Porch - Open, Sprinkler Under
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 47-00113-0000-00005
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7023.0

MLS Schools

  • Elementary School: H. W. Mountz

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
$4,577,375

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
20.68%
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

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Range of Values:

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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
Bargain Sale Deed $2,150,000 Trident Abstract Title Agenc
Deed $820,000 --
Deed $740,000 None Available
Deed $970,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,275,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner -- No Value Available
Previous Owner $483,000 Credit Line Revolving
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
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: 21602146

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00113-0000-00005