NOT LISTED FOR SALE

501 Washington Ave Spring Lake, NJ 07762

Estimated Value: $2,098,000 - $3,127,000

3 Beds
3 Baths
2,436 Sq Ft
$1,039/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $2,300,000 $944 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $14,393/month

4 Days on Market

Highlights

  • Community Beach Access
  • Bonus Room
  • Granite Countertops
  • Custom Home
  • Corner Lot
  • No HOA

About This Home

As of May 2024

Welcome to your dream coastal retreat just 4 blocks from the serene shores of Spring Lake beach. Nestled in a coveted location on a corner lot, this inviting residence offers 3 bedrooms, with the potential for a den to serve as a 4th bedroom, and 3 full baths, ensuring comfort and convenience for all. This prime location is merely 4 blocks from the beach, 2 blocks from the train station for commuters and 2 blocks from the center of town. Primary bedroom has full bath, walk-in closet and bonus room. Potential for expansion in the large partially finished basement with high ceilings presents endless possibilities. Home offers owned solar panels, home generator, and sump pump in basement. Seize the opportunity to own a piece of paradise in one of Spring Lake's most sought-after location. Whether you're seeking a permanent residence, vacation getaway, or investment property for an amazing summer rental, this is the home for you. Schedule your private showing today and embark on the journey of making Spring Lake your forever home. You will not find anything in Spring Lake at this amazing price. Won't last!

Last Agent to Sell the Property

Jody Wagner

Keller Williams Realty Spring Lake License #2184806 Listed on: 03/30/2024

Keller Williams Realty Spring Lake

Last Buyer's Agent

Melissa Giegerich

Keller Williams Realty Spring Lake License #1969855

Keller Williams Realty Spring Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,306

Year Built

  • Built in 1970

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Corner Lot
  • Sprinkler System

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway with Pavers
  • Paver Block
  • On-Street Parking

Home Design

  • Custom Home
  • Shingle Roof
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Linoleum
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Roll-in Shower
  • Wheelchair Access
  • Handicap Accessible
  • Handicap Modified
  • Chairlift
  • Accessible Approach with Ramp
  • Hand Rail

Schools

  • H. W. Mountz Elementary And Middle School
  • Manasquan High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Solar owned by seller
  • Exterior Lighting

Listing and Financial Details

  • Exclusions: Refrigerator in basement
  • Assessor Parcel Number 47-00083-0000-00001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Beach Access
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,306

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Reso Association Amenities: Beach
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Stove Hood, Refrigerator, Freezer, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Reso Accessibility Features: Roll In Shower, Wheelchair Access, Chair Lift, Accessible Approach with Ramp, Support Rails
  • Architectural Style: Custom, Detached
  • Reso Flooring: Vinyl, Other
  • Reso Interior Features: Attic - Pull Down Stairs, Bonus Room, Dec Molding, Den, Handicap Eqp, Skylight, Recessed Lighting
  • New Construction: No
  • Green Power: Solar Panels Owned
  • Year Built: 1970
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: H. W. Mountz
  • Lot Description Corner Lot: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Siding Shingle: Yes
  • Foyer Floor - Laminate: Yes
  • Garage Oversized: Yes
  • Parking Paver Block: Yes
  • Exterior Handicap Acc: Yes
  • Special Needs Wheelchair Access: Yes
  • Interior Bonus Room: Yes
  • Special Needs Roll In Shower: Yes
  • Interior Handicap Eqp: Yes
  • Common Elements Beach: Yes
  • Special Needs Chair Lift: Yes
  • Cooling 2 Zoned AC: Yes
  • Energy Features:Energy Appliances: Yes
  • Energy Features Solar Panels Owned: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Ceilings - High, Full, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Partially Finished: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Basement3: Yes
  • Other Rooms:Den2: Yes
  • Appliances Included:Freezer: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Refrigerator in basement
  • Construction Type: Shingle Siding
  • Exterior Features: Sprinkler Under, Lighting
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paver Block, Driveway, On Street, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 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 Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00083-0000-00001
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7306.0

MLS Schools

  • Elementary School: H. W. Mountz
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2024
Closed on
May 1, 2024
Sold by
Shadek James
Bought by
Carr Douglas and Carr Fatricea
Seller's Agent
Jody Wagner
Keller Williams Realty Spring Lake
Buyer's Agent
Melissa Giegerich
Keller Williams Realty Spring Lake
List Price
$2,300,000
Sold Price
$2,300,000
Views
75
Current Estimated Value
$2,529,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,949
Avg. Annual Appreciation
13.89%
Original Mortgage
$1,840,000
Outstanding Balance
$1,818,871
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$883,589

Purchase Details

Closed on
Feb 3, 1989
Bought by
Shadek James
Source: Public Records

Range of Values:

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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
Carr Douglas $2,300,000 Goldfinch Title
Shadek James $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carr Douglas $1,840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $2,300,000 0.0% $944 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/30/2024 03/30/24 For Sale $2,300,000 -- $944 / Sq Ft
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
2024 $7,306 $1,655,900 $1,254,500 $401,400
2023 $7,306 $1,452,500 $1,060,400 $392,100
2022 $6,555 $1,393,000 $1,019,700 $373,300
2021 $6,555 $1,092,700 $755,000 $337,700
2020 $6,492 $1,050,500 $726,000 $324,500
2019 $6,396 $1,015,200 $700,000 $315,200
2018 $6,328 $1,007,700 $700,000 $307,700
2017 $6,202 $990,800 $700,000 $290,800
2016 $6,814 $997,700 $747,800 $249,900
2015 $7,198 $1,031,300 $781,400 $249,900
2014 $6,324 $921,900 $672,000 $249,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jody Wagner

    Keller Williams Realty Spring Lake

    (551) 804-8594

    1 in this area

    5 Total Sales

    Jody Wagner
    Section Image
  • Melissa Giegerich

    Buyer's Agent in 2024

    Melissa Giegerich

    Keller Williams Realty Spring Lake

    (732) 245-5428

    5 in this area

    22 Total Sales

    Melissa Giegerich
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22408107

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00083-0000-00001

New Jersey Monmouth County Spring Lake 07762

501 Washington Ave, Spring Lake, NJ

This home is located at 501 Washington Ave, Spring Lake, NJ 07762 since 30 March 2024 and is currently estimated at $2,529,949, approximately $1,038 per square foot. This property was built in 1970. 501 Washington Ave is a home located in Monmouth County with nearby schools including St. Catharine School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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