NOT LISTED FOR SALE

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

Estimated Value: $459,000 - $487,000

1 Bed
1 Bath
952 Sq Ft
$270/mo HOA Fee

Last Sold December 15, 2020

Last sale price $307,000 $322 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,310/month

6 Days on Market

Highlights

  • Lake Front
  • Lake On Lot
  • Wood Flooring
  • Fitness Center
  • New Kitchen
  • Crown Molding

About This Home

As of December 2020

Want a spacious condo? Have pets? This 952 sq ft unit is just one flight up in an elevator building. The stairs are two doors down. It's also a pet & investor friendly building. Located in one of the most desirable Asbury Park areas, the NE section, you are across from Deal Lake and a few blocks to the beach. This provides you with plenty of nature to help relax. Plus, if you are a foodie, there are so many great eats in town.The unit itself has beautiful hardwood floors, tons of storage, a unique custom bathroom complete with marble tile, painted shiplap, and a deep bathtub for unwinding. Natural light fills all of the rooms. Bonus: Common patio area w/ grills and tables | Bike storage | Laundry room | HOA fee includes heat, gas, and hot

Last Agent to Sell the Property

Carly Ringer

Keller Williams Realty Spring Lake License #1645962 Listed on: 11/07/2020

Keller Williams Realty Spring Lake

Last Buyer's Agent

Paul Vail

Prudential Zack Shore Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,589

Year Built

  • Built in 1920

Lot Details

  • Lake Front
  • Sprinkler System

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Walk-Out Basement

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Lake On Lot
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Personal Belongings
  • Assessor Parcel Number 04-03703-0000-00003-14-C0205

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, heat, lawn maintenance, mgmt fees, snow removal
  • 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

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,589

Year Built

Built in 1920

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Lake
  • Reso Association Amenities: Other - See Remarks, Professional Management, Controlled Access, Common Laundry, Association, Common Access, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Heat, Lawn Maintenance, Mgmt Fees, Snow Removal
  • Inclusions: Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Light Fixtures, Stove, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: Lake Drive Ct
  • Architectural Style: High Rise, Condo
  • Reso Interior Features: Dec Molding, Elevator
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • 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
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Controlled Access2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Exterior Controlled Access: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Foyer Floor - Wood: Yes
  • SidingBrick: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Exterior BBQ: Yes
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Common Elements Common Laundry: Yes
  • Style High Rise: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 6
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Lake
  • Waterfront: No
  • Exclusions: Personal Belongings
  • Construction Type: Brick
  • Exterior Features: BBQ, Controlled Access, Patio, Sprinkler Under, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 270.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

  • Parcel #: 04-03703-0000-00003-14-C0205

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4589.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2020
Closed on
Dec 13, 2020
Sold by
Smith Fara
Bought by
Paquee Melissa
Seller's Agent
Carly Ringer
Keller Williams Realty Spring Lake
Buyer's Agent
Paul Vail
Prudential Zack Shore Properties
List Price
$310,000
Sold Price
$307,000
Premium/Discount to List
-$3,000
-0.97%
Current Estimated Value
$473,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,084
Avg. Annual Appreciation
9.44%

Purchase Details

Listed on
Feb 21, 2017
Closed on
May 4, 2017
Sold by
Roberts Stacey L
Bought by
Smith Fara
Seller's Agent
Katie Roberts
Keller Williams Realty East Monmouth
Buyer's Agent
Carly Ringer
Keller Williams Realty East Monmouth
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Interest Rate
4.02%

Purchase Details

Closed on
Apr 22, 2004
Sold by
707 Main Inc
Bought by
Roberts Stacey
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
Paquee Melissa $307,000 All Ahead Title Agency
Paquee Melissa $307,000 All Ahead Title
Smith Fara $275,000 --
Roberts Stacey $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Fara $53,000
Previous Owner Smith Fara --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $307,000 -1.0% $322 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/07/2020 11/07/20 For Sale $310,000 +12.7% $326 / Sq Ft
05/02/2017 05/02/17 Sold $275,000 0.0% $289 / Sq Ft
06/16/2016 06/16/16 Rented $20,400 +1260.0% --
09/01/2015 09/01/15 Rented $1,500 -- --
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 $6,222 $420,800 $126,200 $294,600
2024 $5,629 $393,300 $118,000 $275,300
2023 $5,629 $364,100 $109,200 $254,900
2022 $4,843 $337,200 $101,200 $236,000
2021 $4,843 $306,500 $91,900 $214,600
2020 $4,597 $291,900 $87,600 $204,300
2019 $4,589 $278,100 $83,400 $194,700
2018 $4,505 $252,800 $75,800 $177,000
2017 $3,771 $181,300 $54,400 $126,900
2016 $3,681 $171,700 $51,500 $120,200
2015 $3,379 $152,600 $50,400 $102,200
2014 $2,687 $124,000 $40,900 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22039636

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03703-0000-00003-14-C0205