$842,500
SOLD AUG 24, 2017

424 Worthington Ave Spring Lake, NJ 07762

3 Beds
1.5 Baths
1,640 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$514 Per Sq Ft

27 Days on Market

Highlights

  • In Ground Pool
  • 1 Fireplace
  • No HOA
  • Colonial Architecture
  • Corner Lot
  • Double-Wide Driveway

About This Home

As of March 2019

Best Deal in Spring Lake, Handyman Special, 3 BR, 1.5 baths with built in pool in AS IS condition. Land alone assessed for $1,000,000. Renovate or tear down and build your dream home on this full, and conforming 50' x 150' lot. Beautiful street, large built in pool. Recent survey and demolition estimates available.

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,228

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Double-Wide Driveway

Outdoor Features

  • In Ground Pool
  • Enclosed patio or porch

Schools

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

Utilities

  • Heating System Uses Oil Above Ground
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00127-0000-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,228

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • ResoPoolFeatures: In Ground
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150 - See survey
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Lot Description Corner Lot: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Double Wide Drive: Yes
  • SidingAluminum: Yes
  • General Property Info # Fireplaces: 1.0
  • Garage None4: Yes
  • Heating Oil Above Ground: Yes
  • General Property Info # UnitsBldgs: 1.0
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 2
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: None
  • Construction Type: Aluminum Siding
  • Exterior Features: Porch - Enclosed
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Double Wide Drive, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator, Oil Above Ground
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 x 150 - See survey
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00127-0000-00010
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7228.0

Multi Family

  • Number Of Units Total: 1

MLS Schools

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

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

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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
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: 21725206

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00127-0000-00010