$355,000
SOLD MAR 31, 2020

45 Locust Way Spring Lake, NJ 07762

2 Beds
1.5 Baths
1,298 Sq Ft
$340/mo HOA Fee

Recently Sold

$273 Per Sq Ft

2% Below List Price

19 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Balcony
  • In Ground Pool
  • Attic
  • 1 Car Detached Garage

About This Home

As of June 2024

Enjoy full-time living or a summer golf/beach getaway in Fairway Mews. A 2-bedroom 1 1/2 bath condominium nestled directly across from the 4th tee while the back patio and master bedroom balcony overlook the 2nd green. Large detached garage provides extra room for storage or golf cart. Fairway Mews is known for its well-kept executive golf course, tennis courts, bocce ball, clubhouse & pool, as well as its centralized location. Within a mile radius of train, beaches, downtown, shops & dining.

Last Agent to Sell the Property

Amy Perry

Ward Wight Sotheby's International Realty License #1429998 Listed on: 02/14/2020

Last Buyer's Agent

Mark Gilmartin

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #1968580

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,745

Year Built

  • Built in 1978

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Driveway
  • Visitor Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,298 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Light Fixtures
  • Blinds
  • Sliding Doors
  • Living Room
  • Dining Room
  • Attic Fan

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio

Schools

  • Spring Lake Heights Elementary And Middle School
  • Manasquan High School

Utilities

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

Listing and Financial Details

  • Exclusions: Personal Belongings
  • Assessor Parcel Number 48-00042-05-00024

Community Details

Overview

  • Association fees include common area, golf course, mgmt fees, pool, snow removal
  • Fairway Mews Subdivision, Castlebrook Floorplan

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Snow Removal

Pet Policy

  • Limit on the number of pets

Security

  • Security Guard
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,745

Year Built

Built in 1978

Lot Details

0

HOA Fees

$340 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: Castlebrook
  • ResoLotFeatures: Golf Course
  • ResoPoolFeatures: Common, In Ground
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Association, Community Room, Pool, Golf Course, Clubhouse, Common Area
  • Reso Association Fee Includes: Common Area, Golf Course, Mgmt Fees, Pool, Snow Removal
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Refrigerator, Attic Fan
  • Subdivision Name: Fairway Mews
  • Architectural Style: Detached, Townhouse, 2 Story
  • Reso Interior Features: Attic, Skylight, Sliding Door
  • Property Attached Yn: Yes
  • Year Built: 1978
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Pool3: Yes
  • Location Middle School: Spring Lake Heights
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Interior Attic: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Common Elements Clubhouse: Yes
  • Style Townhouse: Yes
  • Included Ceiling Fan(s): Yes
  • SidingBrick: Yes
  • Foyer Floor - Laminate: Yes
  • Kitchen Floor - Laminate2: Yes
  • Garage Oversized: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Common Elements Golf Course: Yes
  • Allowable One Cat: Yes
  • Allowable One Dog: Yes
  • Fee Includes Golf Course3: Yes
  • Included Attic Fan: Yes
  • Parking Visitor: Yes
  • Style 2 Story: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Personal Belongings
  • Construction Type: Brick
  • Exterior Features: Balcony, Patio, Swimming, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Visitor, Oversized
  • General Property Info:Garage: 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

  • Association Fee: 340.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Parcel #: 48-00042-05-00024
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4745.0

MLS Schools

  • Elementary School: Spring Lake Heights
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 7, 2024
Sold by
Renquist Kelly
Bought by
Holland Christopher and Holland Shannon
Seller's Agent
Mark Gilmartin
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$619,000
Sold Price
$720,000
Premium/Discount to List
$101,000
16.32%
Views
88
Current Estimated Value
$741,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,972
Avg. Annual Appreciation
0.23%
Original Mortgage
$576,000
Outstanding Balance
$571,355
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$150,528

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 27, 2020
Sold by
Mcgrath William E and Mcgrath Robert G
Bought by
Renquist Kelly
Seller's Agent
Amy Perry
Ward Wight Sotheby's International Realty
Buyer's Agent
Mark Gilmartin
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
List Price
$363,900
Sold Price
$355,000
Premium/Discount to List
-$8,900
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.34%
Original Mortgage
$1,312
Interest Rate
3.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Bargain Sale Deed $720,000 Reside Title Services
Deed $355,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $576,000 New Conventional
Previous Owner $1,312 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $720,000 +16.3% $555 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $619,000 +74.4% $477 / Sq Ft
03/31/2020 03/31/20 Sold $355,000 -2.4% $273 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $363,900 -- $280 / 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 $6,452 $609,600 $413,900 $195,700
2023 $6,452 $576,100 $385,000 $191,100
2022 $4,934 $409,600 $255,000 $154,600
2021 $4,934 $365,500 $225,000 $140,500
2020 $4,992 $367,600 $240,000 $127,600
2019 $4,994 $364,000 $240,000 $124,000
2018 $5,000 $354,600 $240,000 $114,600
2017 $4,802 $353,100 $240,000 $113,100
2016 $4,843 $351,700 $240,000 $111,700
2015 $4,539 $348,800 $240,000 $108,800
2014 $4,542 $356,800 $240,000 $116,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22006016

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00042-05-00024