5 Ocean Ave Spring Lake, NJ 07762
Estimated Value: $5,204,340 - $6,561,000
5
Beds
4
Baths
3,800
Sq Ft
$1,590/Sq Ft
Est. Value
Highlights
- Ocean Front
- Custom Home
- Fireplace in Primary Bedroom
- Home Theater
- New Kitchen
- Deck
About This Home
As of December 2017Custom 5 Bedroom/4 full bath Oceanfront built in 2010. Panoramic views of Spring Lake & Sea Girt beaches. 3-Stop Elevator and all wood floors. Gourmet cooks kitchen w Miele appliances, Dbl oven, gas cooktop, pantry, granite countertops, center island, plumbed in Miele espresso machine, DR & LR w/ ocean views & custom gas stone frpl. 3rd floor Master Suite w/ gas frpl, office, walk in closet, master bath w radiant heat, whrl tub & steam shower. Junior Ensuite on 1st floor w gas frpl & ocean views. Two addl bedrms on 1 st floor plus media/rec room. Private rear yard w summer kitchen, gas fire pit, enclosed hot/cold shower. Alarm & underground sprinkler systems. 2-Car garage/recreation space, paver drive and patio. Integrated Sonos sound system. Perfect for watching the sunrise and sunset.
Last Agent to Sell the Property
Diane Turton, Realtors-Spring Lake License #0788666 Listed on: 08/06/2017
Last Buyer's Agent
Berkshire Hathaway HomeServices Fox & Roach - Sea Girt License #0457225
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,289
Year Built
- Built in 2010
Lot Details
- Lot Dimensions are 50 x 150
- Ocean Front
- Fenced
- Sprinkler System
Parking
- 2 Car Detached Garage
- Oversized Parking
- Parking Storage or Cabinetry
- Garage Door Opener
- Driveway with Pavers
- Paver Block
- On-Street Parking
- Off-Street Parking
Home Design
- Custom Home
- Colonial Architecture
- Mirrored Walls
- Pitched Roof
- Shingle Roof
Interior Spaces
- 3,800 Sq Ft Home
- 3-Story Property
- Elevator
- Wet Bar
- Central Vacuum
- Built-In Features
- Crown Molding
- Ceiling height of 9 feet on the upper level
- Skylights
- Recessed Lighting
- Light Fixtures
- 3 Fireplaces
- Gas Fireplace
- Thermal Windows
- Window Treatments
- Window Screens
- French Doors
- Sliding Doors
- Living Room
- Dining Room
- Home Theater
- Home Office
- Water Views
- Crawl Space
- Attic Fan
Kitchen
- New Kitchen
- Breakfast Area or Nook
- Built-In Self-Cleaning Double Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Primary bedroom located on third floor
- Walk-In Closet
- 4 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Whirlpool Bathtub
- Steam Shower
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Home Security
- Home Security System
- Storm Doors
Outdoor Features
- Outdoor Shower
- Deck
- Patio
- Exterior Lighting
- Outdoor Gas Grill
- Porch
Schools
- H. W. Mountz Elementary And Middle School
- Manasquan High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Tankless Water Heater
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 47-00008-0000-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 4, 2021
Sold by
Thomas Richard E and Thomas Lucy E
Bought by
Thomas Richard E and Thomas Lucy E
Total Days on Market
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,653,000
Outstanding Balance
$1,522,970
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$4,518,143
Purchase Details
Listed on
Aug 6, 2017
Closed on
Jan 8, 2018
Sold by
Elizabeth P Allen
Bought by
Thomas Lucy and Thomas Richard
Seller's Agent
Louise Decker
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Stephanie Matthews
Berkshire Hathaway HomeServices Fox & Roach - Sea Girt
Sold Price
$3,800,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$3,600,000
Outstanding Balance
$3,073,806
Interest Rate
3.95%
Estimated Equity
$2,967,307
Purchase Details
Listed on
Apr 30, 2013
Closed on
Aug 28, 2013
Sold by
Decker Lawrence and Decker Louise
Bought by
Allen Robert E and Allen Elizabeth P
Seller's Agent
Louise Decker
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Louise Decker
Diane Turton, Realtors-Spring Lake
Sold Price
$3,350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Purchase Details
Closed on
Feb 29, 2008
Sold by
Keenan Thomas D and Keenan Ruth A
Bought by
Decker Lawrence and Decker Louise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,031,215
Interest Rate
5.57%
Mortgage Type
Seller Take Back
Similar Homes in Spring Lake, NJ
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thomas Richard E | -- | None Available | |
| Thomas Lucy | $3,800,000 | -- | |
| Allen Robert E | $3,350,000 | None Available | |
| Decker Lawrence | $1,800,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thomas Richard E | $1,653,000 | |
| Closed | Thomas Richard E | $1,726,000 | |
| Open | Thomas Lucy | $3,600,000 | |
| Closed | Thomas Lucy | -- | |
| Previous Owner | Decker Lawrence | $1,500,000 | |
| Previous Owner | Decker Lawrnce | $1,500,000 | |
| Previous Owner | Decker Lawrence | $1,425,000 | |
| Previous Owner | Decker Lawrence | $1,031,215 | |
| Previous Owner | Keenan Alicia Stanley | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2017 12/13/17 | Sold | $3,800,000 | +13.4% | $1,000 / Sq Ft |
| 08/28/2013 08/28/13 | Sold | $3,350,000 | 0.0% | $882 / Sq Ft |
| 06/13/2012 06/13/12 | Rented | $10,000 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $24,842 | $5,089,800 | $4,010,000 | $1,079,800 |
| 2023 | $24,842 | $4,938,800 | $3,883,800 | $1,055,000 |
| 2022 | $23,920 | $4,611,700 | $3,596,000 | $1,015,700 |
| 2021 | $23,920 | $3,986,700 | $3,047,500 | $939,200 |
| 2020 | $23,993 | $3,882,400 | $2,970,000 | $912,400 |
| 2019 | $23,753 | $3,770,300 | $2,875,000 | $895,300 |
| 2018 | $23,387 | $3,724,100 | $2,875,000 | $849,100 |
| 2017 | $22,872 | $3,653,600 | $2,850,000 | $803,600 |
| 2016 | $21,289 | $3,117,000 | $2,224,400 | $892,600 |
| 2015 | $21,856 | $3,131,200 | $2,238,600 | $892,600 |
| 2014 | $21,215 | $3,092,600 | $2,200,000 | $892,600 |
Source: Public Records
Agents Affiliated with this Home
-
Louise Decker
L
Seller's Agent in 2017
Louise Decker
Diane Turton, Realtors-Spring Lake
(732) 449-4441
3 in this area
25 Total Sales
-
Stephanie Matthews
S
Buyer's Agent in 2017
Stephanie Matthews
Berkshire Hathaway HomeServices Fox & Roach - Sea Girt
(732) 449-6200
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21730703
APN: 47-00008-0000-00003
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