$300,000
SOLD APR 12, 2019 RENTED JAN 23, 2025

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

1 Bed
1 Bath
927 Sq Ft
$262/mo HOA Fee

Recently Sold

$324 Per Sq Ft

18 Days on Market

Highlights

  • Lake Front
  • Lake On Lot
  • Circular Driveway
  • Fitness Center
  • Wood Flooring
  • Air Conditioning

About This Home

As of June 2021

You Can Have It All! Don't miss this affordable, totally turn-key 1 BR condo that overlooks Deal Lake. The charming lobby will greet you daily, the retro elevator will bring you to your floor.The unit is light and bright, with comfortable-sized rooms. Has a great overall feel! Heat & Water included in HOA monthly fee.You'll be able to move in right away and enjoy every day of summer! Walk to Beach. Walk to Allenhurst train station. Washer/dryer in building, interior storage for 1 bike, and more outside. Common picnic area with 2 gas grills for your use. Sq Ft per City tax record. 1 Dog (35 lbs or less, with breed restrictions) or 2 cats permitted.

Last Agent to Sell the Property

Mary McAllister

Diane Turton, Realtors-Asbury Park Listed on: 02/14/2019

Last Buyer's Agent

Wendy Smith

RE/MAX Gateway License #9701583

RE/MAX Gateway

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,868

Year Built

  • Built in 1920

Lot Details

  • Lake Front
  • Landscaped

HOA Fees

  • $262 Monthly HOA Fees

Interior Spaces

  • 927 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Circular Driveway
  • On-Street Parking

Outdoor Features

  • Lake On Lot
  • Outdoor Grill

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Furnishings and personal items. Owner will consider selling fully furnished.
  • Assessor Parcel Number 8070.04

Community Details

Overview

  • Association fees include common area, exterior maint, mgmt fees, snow removal
  • 36 Units
  • Lake Drive Ct Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,868

Year Built

Built in 1920

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Other - See Remarks, Common Laundry, Association, Common Area, Landscaping
  • Reso Association Fee Includes: Common Area, Exterior Maint, Mgmt Fees, Snow Removal
  • Inclusions: AC Units, Window Treatments, Blinds/Shades, Microwave, Stove, Refrigerator
  • Subdivision Name: Lake Drive Ct
  • Property Attached Yn: Yes
  • Year Built: 1920
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • 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
  • Exterior Controlled Access: Yes
  • Living Room Floor - Wood2: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Number Appliances Included A C Units: Yes
  • Included Window Treatments: Yes
  • Common Elements Landscaping: Yes
  • Foyer Floor - Wood: Yes
  • Exterior BBQ: Yes
  • Cooling Multi Units: Yes
  • General Property Info # UnitsBldgs: 36.0
  • Allowable Elevator4: Yes
  • Parking Circular Driveway: Yes
  • Water Type Lake: Yes
  • Common Elements Common Laundry: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 6
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • BasementOther: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exclusions: Furnishings and personal items. Owner will consider selling fully furnished.
  • Exterior Features: BBQ, Controlled Access

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 262.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Lot Info

  • Parcel #: 8070.04

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4868.0

Multi Family

  • Number Of Units Total: 36

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 Type Sale Price Title Company
Deed $355,000 --
Bargain Sale Deed $355,000 Acres Land Title Agency Inc
Bargain Sale Deed $355,000 Land Title
Deed $300,000 Counsellors Title Agency Inc
Interfamily Deed Transfer -- None Available
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 No Value Available
Closed -- No Value Available
Closed $315,000 New Conventional
Previous Owner $210,000 Adjustable Rate Mortgage/ARM
Previous Owner $225,000 New Conventional
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: 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 $6,730 $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: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21906134

MOREMLS (Monmouth Ocean Regional REALTORS®)

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