NOT LISTED FOR SALE

5 Lotus Ct Ocean, NJ 07712

Wanamassa Neighborhood

Estimated Value: $909,000 - $958,000

4 Beds
2.5 Baths
2,316 Sq Ft
$406/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $607,500 $262 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,823/month

29 Days on Market

Highlights

  • Outdoor Pool
  • No HOA
  • Patio
  • Colonial Architecture
  • Den
  • Recessed Lighting

About This Home

As of May 2021

Beautiful sunny, two story entrance! 4 bedroom, 2.5 bath 2-story house with 2 car garage and 4 car driveway. House is nicely maintained. Open floor plan for entertaining! Large living room and dining room. Extra family room with fireplace for entertainment and relaxation. Corner house with large side yard and backyard. Backyard has a great patio and inground POOL. All bathrooms have tile floors. Large Master Suite with walk in closet and master bath. Has a large unfurnished basement with endless potential. Hardwood floors throughout. Close to shopping, parks, schools and beaches.

Last Agent to Sell the Property

Scott DuBeau

RE/MAX Select License #1755365 Listed on: 02/15/2021

RE/MAX Select

Co-Listed By

Danielle Coyle

RE/MAX Select License #0683766

Last Buyer's Agent

Michael Mizrahi

Weichert Realtors License #2076694

Weichert Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,065

Year Built

  • Built in 1990

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 104 x 165
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Den
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: personal belongings
  • Assessor Parcel Number 37-00001-06-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,065

Year Built

Built in 1990

Lot Details

0.39 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 3683
  • Co List Office Phone: 732-917-7300
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Interior Features: Attic - Other, Den, Recessed Lighting
  • New Construction: No
  • Year Built: 1990
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.39
  • General Property Info Lot Dimensions: 104 x 165
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Recessed Lighting: Yes
  • Interior Den: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.39
  • Waterfront: No
  • Exclusions: personal belongings
  • Exterior Features: Fence, Patio

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 104 x 165
  • Lot Size Sq Ft: 16988.4
  • Parcel #: 37-00001-06-00013

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10065.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Mizrahi Menahem
Bought by
Mizrahi Menahem and Turtz Sarah Jenny
Current Estimated Value
$939,329

Purchase Details

Listed on
Feb 15, 2021
Closed on
Jun 4, 2021
Sold by
Lin Zhang X and Zheng Ying
Bought by
Mizrahi Menahem
Seller's Agent
Scott DuBeau
RE/MAX Select
Buyer's Agent
Michael Mizrahi
Weichert Realtors
List Price
$599,000
Sold Price
$607,500
Premium/Discount to List
$8,500
1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$546,750
Outstanding Balance
$495,706
Interest Rate
2.99%
Estimated Equity
$443,623

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 23, 2021
Sold by
Zheng Ying and Lin Zhang Xue
Bought by
Mizrahi Menahem
Seller's Agent
Scott DuBeau
RE/MAX Select
Buyer's Agent
Michael Mizrahi
Weichert Realtors
List Price
$599,000
Sold Price
$607,500
Premium/Discount to List
$8,500
1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,750
Outstanding Balance
$495,706
Interest Rate
2.99%
Estimated Equity
$443,623

Purchase Details

Closed on
Jun 30, 2008
Sold by
Westhelle Theodore W and Westhelle Darlene C
Bought by
Zheng Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2000
Sold by
Perone Robert
Bought by
Westhelle Theodore and Westhelle Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Mizrahi Menahem -- Fidelity National Ttl Ins Co
Mizrahi Menahem $607,500 --
Mizrahi Menahem $607,500 Trident Abstract Ttl Agcy Ll
Zheng Ying $495,000 None Available
Westhelle Theodore $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mizrahi Menahem $546,750
Closed Mizrahi Menahem --
Closed Mizrahi Menahem $546,750
Previous Owner Zheng Ying $300,000
Previous Owner Westhelle Theodore $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $607,500 0.0% $262 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/11/2021 03/11/21 Off Market $607,500 -- --
02/15/2021 02/15/21 For Sale $599,000 -- $259 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2025 $11,812 $956,900 $567,300 $389,600
2024 $13,639 $828,300 $447,600 $380,700
Source: Public Records

Agents Affiliated with this Home

  • Scott DuBeau

    Seller's Agent in 2021

    Scott DuBeau

    RE/MAX

    (908) 377-5953

    2 in this area

    85 Total Sales

    Scott DuBeau
    Section Image
  • Danielle Coyle

    Seller Co-Listing Agent in 2021

    Danielle Coyle

    RE/MAX

    (732) 598-0428

    4 in this area

    204 Total Sales

    Danielle Coyle
    Section Image
  • Michael Mizrahi

    Buyer's Agent in 2021

    Michael Mizrahi

    Weichert Realtors

    (732) 539-8801

    5 in this area

    96 Total Sales

    Michael Mizrahi
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22104058

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00001-06-00013

New Jersey Monmouth County Ocean 07712 Wanamassa

5 Lotus Ct, Ocean, NJ

Not Listed for Sale

Detached

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.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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