NOT LISTED FOR SALE

501 Ludlow Ave Unit Rear Spring Lake, NJ 07762

Estimated Value: $1,919,000 - $3,085,374

2 Beds
1 Bath
1,000 Sq Ft
$2,523/Sq Ft Est. Value

Highlights

  • Carriage House
  • No HOA
  • Laundry Room
  • Furnished
  • Living Room
  • Outdoor Gas Grill

About This Home

As of June 2022

This home is located at 501 Ludlow Ave Unit Rear, Spring Lake, NJ 07762 since 13 February 2022 and is currently priced at $2,523,344. This property was built in 1940. 501 Ludlow Ave Unit Rear is a home located in Monmouth County with nearby schools including St. Catharine School and St Rose High School.

Last Agent to Rent the Property

Melissa Peters

Pasch Real Estate License #1431515 Listed on: 02/13/2022

Co-Listed By

Margaret Codey

Pasch Real Estate License #7837170

Last Renter's Agent

Melissa Peters

Berkshire Hathaway HomeServices Signature Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,994

Year Built

  • Built in 1940

Lot Details

  • 7,405

Parking

  • Assigned Parking

Home Design

  • Carriage House
  • Slab Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Window Screens
  • Living Room

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Outdoor Gas Grill
  • 7,405 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $2,100
  • Property Available on 5/27/22
  • Assessor Parcel Number 47-00114-0000-00001

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,994

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2022-05-27

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Co List Office Mls Id: 3670
  • Co List Office Phone: 732-807-3766
  • Inclusions: Washer, Stove, Screens, Microwave, Refrigerator, Dryer, Gas Grill, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Carriage House
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Included Screens: Yes
  • Contract Info Available Date: 2022-05-27
  • Maintenance Fees Security Deposit3: 2100.0
  • Lease Requirements Security Deposit4: Yes
  • Included Gas Grill: Yes
  • General Property Info # Parking Spaces3: 1
  • Furnished Full2: Yes
  • Style Carriage House: Yes
  • Special Features: None

Interior Features

  • Basement: Other, Slab
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00114-0000-00001

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2011
Sold by
Schoonover Dean and Schoonover Bridget
Bought by
Delsalto Wilfrido and Codey Mara P
Current Estimated Value
$2,523,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Hueth Richard A
Bought by
Schoonover Dean and Schoonover Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Delsalto Wilfrido $782,000 None Available
Schoonover Dean $956,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delsalto Wilfrido $625,500
Previous Owner Schoonover Dean $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2022 06/19/22 Rented $22,125 +5.4% --
04/25/2022 04/25/22 Under Contract -- -- --
02/13/2022 02/13/22 For Rent $21,000 +40.0% --
05/28/2021 05/28/21 Rented $15,000 -18.9% --
03/04/2021 03/04/21 Under Contract -- -- --
01/09/2021 01/09/21 For Rent $18,500 +27.6% --
08/03/2020 08/03/20 Rented $14,500 +262.5% --
07/26/2020 07/26/20 Under Contract -- -- --
03/10/2020 03/10/20 Price Changed $4,000 -78.4% $4 / Sq Ft
03/05/2020 03/05/20 For Rent $18,500 +85.0% --
09/15/2017 09/15/17 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 $9,994 $2,283,000 $1,412,000 $871,000
2024 $9,268 $2,043,700 $1,187,000 $856,700
2023 $9,268 $1,842,500 $1,005,700 $836,800
2022 $9,611 $1,765,200 $967,000 $798,200
2021 $9,611 $1,601,800 $878,500 $723,300
2020 $9,384 $1,518,500 $822,000 $696,500
2019 $9,301 $1,476,400 $800,000 $676,400
2018 $9,171 $1,460,300 $800,000 $660,300
2017 $8,915 $1,424,100 $800,000 $624,100
2016 $6,027 $882,400 $787,200 $95,200
2015 $6,022 $862,800 $767,600 $95,200
2014 $5,752 $782,000 $669,000 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22203851

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00114-0000-00001