NOT LISTED FOR SALE

500 Deal Lake Dr Unit 2C Asbury Park, NJ 07712

Estimated Value: $587,000 - $635,000

2 Beds
1 Bath
1,515 Sq Ft
$428/mo HOA Fee

Last Sold September 27, 2019

Last sale price $335,000 $221 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,296/month

153 Days on Market

Highlights

  • Lake Front
  • Lake On Lot
  • Crown Molding
  • Fitness Center
  • Wood Flooring
  • Living Room

About This Home

As of September 2019

Classic 1920's Asbury Building located across the street from Beautiful Deal Lake. Gorgeous, old school lobby greets you.. Views from all rooms of Deal Lake and the Ocean in LR/DR.. Hardwood floors throughout.. Laundry in basement of building but you are allowed to install in your unit for additional convenience. Large rooms! Monthly rentals allowable up to 12 times per year! Keep for yourself a few months, rent other months for huge $$$.. Only 3 blocks to beaches.. .9 miles to Allenhurst Train station.. Quiet area of AP but close enough to the many Restaurants, nightlife and action.. Extra bike storage in basement.. Lots of closet space, crown molding, sconces.. Dogs up to 35lbs allowed, 2 cats.. Assoc fee incl. heat, water & sewer.. Move to one of the most happening, lively towns on the jersey shore..

Last Agent to Sell the Property

Richard Gribble

Berkshire Hathaway HomeServices Signature Properties Listed on: 04/03/2019

Last Buyer's Agent

Richard Gribble

Berkshire Hathaway HomeServices Signature Properties Listed on: 04/03/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,399

Year Built

  • Built in 1920

Lot Details

  • Lake Front

HOA Fees

  • $428 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,515 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Window Screens
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Outdoor Features

  • Lake On Lot
  • Outdoor Storage

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Chandelier in Kitchen
  • Assessor Parcel Number 04-03703-0000-00003-12-C0203

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, heat, lawn maintenance, snow removal, water
  • High-Rise Condominium
  • Lake Drive Ct Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,399

Year Built

Built in 1920

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Lake
  • Reso Association Amenities: Common Laundry, Association, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Heat, Lawn Maintenance, Snow Removal, Water
  • Inclusions: Blinds/Shades, Ceiling Fan(s), Dishwasher, Light Fixtures, Microwave, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: Lake Drive Ct
  • Architectural Style: High Rise, One Level Unit
  • Reso Flooring: Wood
  • Reso Interior Features: Dec Molding
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Exterior Storage: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Dec Molding: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • SidingBrick: Yes
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Common Elements Common Laundry: Yes
  • Style High Rise: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exclusions: Chandelier in Kitchen
  • Construction Type: Brick
  • Exterior Features: Storage
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 428.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Association Fee Includes:Heat: Yes

Lot Info

  • Parcel #: 04-03703-0000-00003-12-C0203
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5399.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Oct 3, 2019
Sold by
Kelly Maureen and Imbrenda Kelly
Bought by
Gruner Lawrence and Gruner Anne
Seller's Agent
Richard Gribble
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Richard Gribble
Berkshire Hathaway HomeServices Signature Properties
Sold Price
$335,000
Current Estimated Value
$609,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,381
Avg. Annual Appreciation
10.01%

Purchase Details

Listed on
Dec 21, 2015
Closed on
Jan 20, 2016
Sold by
Popler Andrew A and Popler Cheryl
Bought by
Kelly Maureen
Seller's Agent
Laura Speidel
Genora & Co.Realty, LLC
Buyer's Agent
Laura Speidel
Genora & Co.Realty, LLC
Sold Price
$273,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Feb 28, 2005
Sold by
Davis Sharon
Bought by
Popler Andrew A and Popler Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,400
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2000
Sold by
Haakon Kathleen
Bought by
Davis Sharon
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
Gruner Lawrence $335,000 Trident Abstract Title Agcy
Kelly Maureen $273,000 None Available
Popler Andrew A $328,000 --
Davis Sharon $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Popler Andrew A $231,082
Previous Owner Popler Andrew A $262,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $335,000 +22.7% $221 / Sq Ft
01/20/2016 01/20/16 Sold $273,000 -- $181 / 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
2025 $7,459 $504,500 $151,300 $353,200
2024 $6,748 $471,500 $141,400 $330,100
2023 $6,748 $436,500 $130,900 $305,600
2022 $5,807 $404,200 $121,300 $282,900
2021 $5,807 $367,500 $110,200 $257,300
2020 $5,513 $350,000 $105,000 $245,000
2019 $5,499 $333,300 $100,000 $233,300
2018 $5,399 $303,000 $90,900 $212,100
2017 $5,672 $272,700 $81,800 $190,900
2016 $5,684 $265,100 $79,500 $185,600
2015 $5,032 $227,300 $75,000 $152,300
2014 $4,269 $197,000 $65,000 $132,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21913614

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03703-0000-00003-12-C0203