$462,000 - $551,000
RENTED JAN 23, 2025

500 Deal Lake Dr Unit 4B Asbury Park, NJ 07712

1 Bed
1 Bath
924 Sq Ft
253 Sq Ft Lot

Last Sold June 02, 2021

Last sale price $355,000 $384 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,225/month

Highlights

  • Waterfront
  • Furnished
  • Elevator
  • Wood Flooring
  • Private Yard
  • Formal Dining Room

About This Home

As of January 2025

Perfect Dream Beach Location with Night Life, Waves, Dinning and art. Available November 1. Spacious, fully furnished one bedroom (more square footage than most 2 bedrooms) with breathtaking lake views from every room. Renovated bathroom, large eat in kitchen, wood floors, lots of closet space. Quiet street but Close to restaurants, transportation and, of course, the beach and boardwalk. Common laundry area and barbecue on outdoor patio.

Last Agent to Rent the Property

Ruth LaSpisa

RE/MAX INNOVATION Listed on: 01/12/2025

RE/MAX INNOVATION

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,730

Year Built

  • Built in 1920

Lot Details

  • Waterfront
  • Private Yard

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Shades
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Home Security

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio
  • Outdoor Grill

Location

  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Underground Utilities
  • Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas

Community Details

Overview

  • Association fees include maintenance fee, water, heat
  • Lake Drive Court Subdivision

Additional Features

  • Elevator
  • Storm Screens

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,730

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Lease Term: 12 Months,2(+) Year Lease,6 Months
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.0058
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Lake Drive Court
  • Architectural Style: Furnished
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 4th Floor
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1920
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Room Kitchen Features: Eat-in Kitchen, Separate Dining Area
  • Appliances: Microwave, Refrigerator, Stove/Oven, Microwave Oven, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Shades-Existing, 1 Bedroom, Entrance Foyer, Kitchen, Living Room, Bath Full, None
  • Living Area: 924
  • Stories: 1
  • Window Features: Shades/Blinds, Storms/Screens, Shades-Existing

Exterior Features

  • Lot Features: Near Shopping, Waterfront, Waterview
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Exterior Features: Barbecue, Patio, Sidewalk, Yard
  • Patio And Porch Features: Patio

Garage/Parking

  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee, Water, Heat
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Restricted i.e. size

Lot Info

  • Lot Size Sq Ft: 253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jun 9, 2021
Sold by
Adams Jacqueline L
Bought by
Laspisa Michael A
Seller's Agent
Wendy Smith
RE/MAX Gateway
Buyer's Agent
Ruth LaSpisa
Mid-State Realty
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Current Estimated Value
$500,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,088
Avg. Annual Appreciation
8.70%
Original Mortgage
$315,000
Outstanding Balance
$286,205
Interest Rate
2.99%
Estimated Equity
$221,088

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 26, 2021
Sold by
Adams Jacqueline L
Bought by
Laspisa Michael A
Seller's Agent
Wendy Smith
RE/MAX Gateway
Buyer's Agent
Ruth LaSpisa
Mid-State Realty
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$286,205
Interest Rate
2.99%
Estimated Equity
$221,088

Purchase Details

Listed on
Feb 14, 2019
Closed on
Apr 12, 2019
Sold by
Popler Susan and Popler Roy Susan
Bought by
Adams Jacqueline L
Seller's Agent
Mary McAllister
Diane Turton, Realtors-Asbury Park
Buyer's Agent
Wendy Smith
RE/MAX Gateway
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$210,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 3, 2010
Sold by
Roy Mark
Bought by
Popler Roy Susan

Purchase Details

Closed on
Nov 2, 2004
Sold by
Springwood Lake Llc
Bought by
Roy Mark and Roy Susan Popler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.73%
Mortgage Type
New Conventional
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
Laspisa Michael A $355,000 --
Laspisa Michael A $355,000 Acres Land Title Agency Inc
Laspisa Michael A $355,000 Land Title
Adams Jacqueline L $300,000 Counsellors Title Agency Inc
Popler Roy Susan -- None Available
Roy Mark $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laspisa Michael A $315,000
Closed Laspisa Michael A --
Closed Laspisa Michael A $315,000
Previous Owner Adams Jacqueline L $210,000
Previous Owner Roy Mark $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Rented $2,500 0.0% --
01/12/2025 01/12/25 For Rent $2,500 +4.2% --
02/26/2024 02/26/24 Rented $2,400 +11.6% --
12/25/2023 12/25/23 Price Changed $2,150 -15.7% $2 / Sq Ft
11/01/2023 11/01/23 For Rent $2,550 -99.5% --
06/15/2023 06/15/23 Rented $500,000 +12400.0% --
05/27/2023 05/27/23 Price Changed $4,000 -20.0% $4 / Sq Ft
05/11/2023 05/11/23 For Rent $5,000 0.0% --
06/02/2021 06/02/21 Sold $355,000 +1.5% $384 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $349,900 0.0% $379 / Sq Ft
06/15/2019 06/15/19 Rented $23,400 0.0% --
04/12/2019 04/12/19 Sold $300,000 0.0% $324 / Sq Ft
04/01/2017 04/01/17 Rented $22,800 -- --
Source: All Jersey MLS

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 $6,730 $455,200 $136,600 $318,600
2024 $6,090 $425,400 $127,600 $297,800
2023 $6,090 $393,900 $118,200 $275,700
2022 $5,239 $364,700 $109,400 $255,300
2021 $4,974 $331,600 $99,500 $232,100
2020 $4,974 $315,800 $94,700 $221,100
2019 $4,958 $300,500 $90,100 $210,400
2018 $4,868 $273,200 $82,000 $191,200
2017 $4,046 $194,500 $58,400 $136,100
2016 $4,170 $194,500 $58,400 $136,100
2015 $3,485 $157,400 $51,900 $105,500
2014 $2,609 $120,400 $39,700 $80,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2507766R

All Jersey MLS

APN: 04-03703-0000-00003-25-C0402