NOT LISTED FOR SALE

5 Ocean Ave Spring Lake, NJ 07762

Estimated Value: $4,986,758 - $6,689,000

5 Beds
4 Baths
3,800 Sq Ft
$1,568/Sq Ft Est. Value

Last Sold December 13, 2017

Last sale price $3,800,000 $1,000 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $33,661/month

31 Days on Market

Highlights

  • Ocean Front
  • Custom Home
  • Fireplace in Primary Bedroom
  • Home Theater
  • New Kitchen
  • Deck

About This Home

As of December 2017

Custom 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

Louise Decker

Diane Turton, Realtors-Spring Lake License #0788666 Listed on: 08/06/2017

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Stephanie Matthews

Berkshire Hathaway HomeServices Fox & Roach - Sea Girt License #0457225

Berkshire Hathaway HomeServices Fox & Roach - Sea Girt

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,289

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanfront
  • Inclusions: Outdoor Lighting, Washer, Wall Oven, Window Treatments, Dishwasher, Central Vacuum, Dryer, Double Oven, Light Fixtures, Microwave, Self/Con Clean, Stove Hood, Refrigerator, Screens, Attic Fan, Garbage Disposal, Garage Door Opener, Gas Grill, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Detached, Colonial
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Built-Ins, Ceilings - 9Ft+ 2nd Flr, Dec Molding, Elevator, French Doors, Laundry Tub, Security System, Skylight, Sliding Door, Wall Mirror, Wet Bar, Recessed Lighting
  • New Construction: No
  • Year Built: 2010
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • ExteriorPatio: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 50 X 150
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 3.0
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Exterior Thermal Window: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • Exterior Storm Door(s): Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Kitchen Ceramic Tile3: Yes
  • Included Double Oven: Yes
  • Included SelfCon Clean: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Garage Oversized: Yes
  • Interior Wall Mirror: Yes
  • ExteriorOutdoorShower: Yes
  • Parking Paver Block: Yes
  • Included Gas Grill: Yes
  • Exterior BBQ: Yes
  • Water Heater Tank: Yes
  • Interior Laundry Tub: Yes
  • Living Room Sliding Door2: Yes
  • Floors Tile: Yes
  • Included Garbage Disposal: Yes
  • Roof Sloping: Yes
  • Included Attic Fan: Yes
  • Dining Room Sliding Door3: Yes
  • Exterior Security System3: Yes
  • Garage Storage Above: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Total Bedrooms: 15
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Features Interior:Security System: Yes
  • Appliances Included:Wall Oven: Yes
  • Other Rooms:Office2: Yes
  • OtherRoomsOther2: Yes
  • Features Interior:Skylight: Yes
  • Features Interior:Wet Bar: Yes
  • Appliances Included:Central Vacuum: Yes
  • Features-Interior:Elevator: Yes
  • Other Rooms:Media Room: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Skylight6: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bedroom Level Third43: Yes
  • Primary Bedroom Fireplace - Gas2: Yes
  • Primary Bath Steam Shower: Yes

Exterior Features

  • Roof: Sloping, Shingle
  • Topography: Level
  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Exterior Features: BBQ, Deck, Fence, Outdoor Shower, Patio, Porch - Open, Security System, Sprinkler Under, Storm Door(s), Thermal Window, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paver Block, Driveway, Off Street, On Street, Oversized, Storage
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Other, See Remarks, Radiant, HWBB, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 X 150
  • Parcel #: 47-00008-0000-00003
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 21289.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2021
Sold by
Thomas Richard E and Thomas Lucy E
Bought by
Revocable Trust Of Richard E Thomas and Revocable Trust Of Lucy E Thomas
Current Estimated Value
$5,957,919

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
$1,506,309
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$4,457,292

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

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
$1,506,309
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$4,457,292

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
5.95%
Original Mortgage
$3,600,000
Interest Rate
3.95%

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
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 Buyer Sale Price Title Company
Revocable Trust Of Richard E Thomas -- None Listed On Document
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
Previous Owner Thomas Lucy $3,600,000
Previous Owner Thomas Lucy --
Previous Owner Decker Lawrence $1,031,215
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

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
2025 $24,889 $5,519,000 $4,360,000 $1,159,000
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

  • L

    Seller's Agent in 2017

    Louise Decker

    Diane Turton, Realtors-Spring Lake

    (732) 449-4441

    3 in this area

    24 Total Sales

    Louise Decker
    Section Image

  • S

    Buyer's Agent in 2017

    Stephanie Matthews

    Berkshire Hathaway HomeServices Fox & Roach - Sea Girt

    (732) 449-6200

    Stephanie Matthews
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21730703

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00008-0000-00003

New Jersey Monmouth County Spring Lake 07762

5 Ocean Ave, Spring Lake, NJ

This home is located at 5 Ocean Ave, Spring Lake, NJ 07762 since 06 August 2017 and is currently estimated at $5,957,919, approximately $1,567 per square foot. This property was built in 2010. 5 Ocean Ave is a home located in Monmouth County with nearby schools including St. Catharine School.

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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