$842,500
SOLD AUG 24, 2017

424 Worthington Ave Spring Lake, NJ 07762

0.17 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$514 Per Sq Ft

27 Days on Market

About This Lot

As of March 2019

Build your dream home on this full, conforming 50' x 150' lot. Beautiful North End street. Land alone assessed for $1,000,000.

Last Agent to Sell the Property

Joseph Florentine

D'Amico & McConnell Realtors License #7939013 Listed on: 06/27/2017

Last Buyer's Agent

Frank Carmody

The MacGowan Agency, Inc. License #0559376

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,228

Lot Details

  • Lot Dimensions are 50' x 150'
  • Level Lot

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 47-00127-0000-00010

Property Details

Property Type

Land

Est. Annual Taxes

$7,228

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Lot Dimensions: 50' x 150'
  • Location Middle School: H. W. Mountz
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water on Site: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Cable On Site: Yes
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Exclusions: none

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50' x 150'
  • Parcel #: 47-00127-0000-00010
  • Zoning Description: Single Family, Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7228.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Mar 7, 2019
Sold by
Rick Duda Construction Llc
Bought by
Laracy Michael and Mcginnis Eileen
Seller's Agent
George Holder
Gloria Nilson & Co. Real Estate
Buyer's Agent
Cindy Napp
Laurie Koziol Real Estate Inc
Sold Price
$1,600,000
Current Estimated Value
$3,204,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,604,201
Avg. Annual Appreciation
12.26%
Original Mortgage
$800,000
Outstanding Balance
$710,394
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$2,643,079

Purchase Details

Listed on
Jun 27, 2017
Closed on
Aug 21, 2017
Sold by
Florentine Commercial Iv Llc
Bought by
Rick Duda Construction Llc
Seller's Agent
Joseph Florentine
D'Amico & McConnell Realtors
Buyer's Agent
Frank Carmody
The MacGowan Agency, Inc.
Sold Price
$842,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.08%
Original Mortgage
$1,142,500
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 2017
Sold by
Mcdevitt Joseph A
Bought by
Folrentine Commercial Iv Llc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $1,600,000 Cortes & Hay Ttl Agenvy Inv
Deed $842,500 --
Deed $775,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Previous Owner $1,142,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Sold $1,600,000 +89.9% $629 / Sq Ft
08/24/2017 08/24/17 Sold $842,500 -- $514 / 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 $10,825 $2,443,400 $1,740,000 $703,400
2023 $10,825 $2,152,100 $1,465,200 $686,900
2022 $9,844 $1,986,100 $1,332,000 $654,100
2021 $9,844 $1,640,600 $1,049,000 $591,600
2020 $9,889 $1,600,200 $1,017,000 $583,200
2019 $7,347 $1,166,200 $1,000,000 $166,200
2018 $7,409 $1,179,700 $1,000,000 $179,700
2017 $7,324 $1,169,900 $1,000,000 $169,900
2016 $7,228 $1,058,200 $872,200 $186,000
2015 $7,235 $1,036,500 $850,500 $186,000
2014 $6,926 $1,009,600 $823,600 $186,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21725213

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00127-0000-00010