NOT LISTED FOR SALE

416 Ludlow Ave Spring Lake, NJ 07762

Estimated Value: $941,000 - $1,808,000

2 Beds
1 Bath
714 Sq Ft
$1,770/Sq Ft Est. Value

About This Home

Enchanting 2 bedroom 1 bath Seashore Cottage in the affluent town of Spring Lake with lots of charm and character. As you walk up to this cottage and enter into the enclosed lovely front porch, you will notice the hidden charm and privacy that surrounds this winter rental and lot size. Enclosed front porch leads to nice sized living room, master bedroom, 2nd bedroom, great size eat-in kitchen, plus 1st floor laundry off kitchen. Great backyard for relaxing. Charming shops and eateries on 3rd Ave to visit and spectacular Spring Lake Beach and boardwalk. Hurry this will not last!!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2021
Sold by
Merck Eileen M and Mcdonald Eileen M
Bought by
Merck Eileen M and Merck Elizabeth
Current Estimated Value
$1,263,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Outstanding Balance
$504,655
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$758,787
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Merck Eileen M $730,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merck Eileen M $547,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Rented $18,000 +900.0% --
06/01/2021 06/01/21 Under Contract -- -- --
09/08/2020 09/08/20 For Rent $1,800 -- --

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 $3,691 $887,800 $875,800 $12,000
2023 $3,691 $733,700 $722,000 $11,700
2022 $3,368 $948,800 $937,600 $11,200
2021 $3,368 $748,500 $738,400 $10,100
2020 $4,485 $725,700 $716,000 $9,700
2019 $4,494 $713,400 $704,000 $9,400
2018 $4,479 $713,200 $704,000 $9,200
2017 $4,462 $712,700 $704,000 $8,700
2016 $4,886 $715,400 $666,100 $49,300
2015 $4,868 $697,400 $648,100 $49,300
2014 $4,643 $676,800 $627,500 $49,300
Source: Public Records

Agents Affiliated with this Home

  • Janine DelTufo

    Seller's Agent in 2021

    Janine DelTufo

    Keller Williams Realty Central Monmouth

    (908) 692-9407

    35 Total Sales

    Janine DelTufo
    Section Image

  • J

    Buyer's Agent in 2021

    Janine Del Tufo

    Mack Morris Thomas Realtors

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Map

New Jersey Monmouth County Spring Lake 07762

416 Ludlow Ave, Spring Lake, NJ

This home is located at 416 Ludlow Ave, Spring Lake, NJ 07762 and is currently estimated at $1,263,442, approximately $1,769 per square foot. 416 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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