Landlord's Agent in 2024
Kerry Patterson
Ward Wight Sotheby's International Realty
(917) 576-2191
22 in this area
48 Total Sales
501 Morris Ave Unit SUMMER Spring Lake, NJ 07762
Estimated Value: $1,414,000 - $1,863,000
3
Beds
2.5
Baths
1,317
Sq Ft
$1,232/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Bay View
- Marble Flooring
- Basketball Court
- Colonial Architecture
- Furnished
About This Home
As of August 2024Spring Lake is the place to be this summer! Discover the beauty of this sun drenched home just 2 blocks to the heart of downtown shops & dining, 1 block to the lake, tennis courts, playground, and 3 blocks to the SL train station Enjoy all Spring Lake has to offer with the beach just 0.5 miles east. Sip your morning coffee or sunset cocktail on the open porch. Just unpack and relax! (Available for 2-3 consecutive weeks .. rates in agent notes) *bed configuration in agent notes. No Pets, No smoking.
Last Agent to Rent the Property
Ward Wight Sotheby's International Realty License #0563107 Listed on: 09/25/2023
Last Renter's Agent
Kerry Patterson
Ward Wight Sotheby's International Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,327
Year Built
- Built in 2022
Lot Details
- 4,792
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Colonial Architecture
Interior Spaces
- 1,317 Sq Ft Home
- 3-Story Property
- Furnished
- Built-In Features
- Crown Molding
- Recessed Lighting
- Fireplace
- Bay Window
- French Doors
- Family Room
- Breakfast Room
- Home Office
- Center Hall
- Bay Views
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
Laundry
- Dryer
- Washer
Schools
- H. W. Mountz Elementary And Middle School
- Manasquan High School
Utilities
- Zoned Heating and Cooling
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Additional Features
- Basketball Court
- 4,792 Sq Ft Lot
Listing and Financial Details
- Property Available on 7/29/24
- Assessor Parcel Number 47-00071-0000-00002
Community Details
Overview
- No Home Owners Association
Recreation
- Community Beach Access
- Tennis Courts
- Community Basketball Court
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 27, 2019
Sold by
Wall Angelina
Bought by
Hoffmann Charles and Hoffmann Laura
Current Estimated Value
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
Outstanding Balance
$509,422
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,113,215
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hoffmann Charles | $700,000 | Trident Abstract Ttl Agcy Ll |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hoffmann Charles | $560,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2024 08/03/24 | Rented | $17,000 | +100.0% | -- |
| 09/27/2023 09/27/23 | Under Contract | -- | -- | -- |
| 09/25/2023 09/25/23 | For Rent | $8,500 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $6,327 | $1,920,500 | $1,388,800 | $531,700 |
| 2024 | $5,576 | $1,293,800 | $1,273,300 | $20,500 |
| 2023 | $5,576 | $1,108,500 | $1,088,500 | $20,000 |
| 2022 | $4,311 | $991,100 | $972,000 | $19,100 |
| 2021 | $4,311 | $718,500 | $701,300 | $17,200 |
| 2020 | $4,437 | $718,000 | $682,800 | $35,200 |
| 2019 | $5,159 | $818,900 | $669,900 | $149,000 |
| 2018 | $5,121 | $815,400 | $669,900 | $145,500 |
| 2017 | $5,054 | $807,400 | $669,900 | $137,500 |
| 2016 | $6,015 | $880,700 | $795,300 | $85,400 |
| 2015 | $5,999 | $859,500 | $774,100 | $85,400 |
| 2014 | $5,727 | $834,900 | $749,500 | $85,400 |
Source: Public Records
Agents Affiliated with this Home
-
Kerry Patterson
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22326741
APN: 47-00071-0000-00002
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