NOT LISTED FOR SALE

503 Sussex Ave Spring Lake, NJ 07762

Estimated Value: $2,729,000 - $3,763,000

2 Beds
1 Bath
1,000 Sq Ft
$3,234/Sq Ft Est. Value

Last Sold January 28, 2015

Last sale price $1,402,039 $1,402 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $15,426/month

28 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Direct Access Garage
  • Air Conditioning
  • No HOA
  • Porch
  • Living Room

About This Home

As of January 2015

Unique opportunity. Quaint, older home in Spring Lake on 100'x 150' lot. Park like setting. Close to transportation. Short walk to Lake, town, parks and beach.

Last Agent to Sell the Property

Robert Booth

Diane Turton, Realtors-Point Pleasant Beach Listed on: 10/10/2014

Last Buyer's Agent

Matthew Mastrorilli

Providence Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,767

Year Built

  • Built in 1920

Lot Details

  • 7,492

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Asphalt Rolled Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Air Conditioning
  • Heating System Uses Oil Above Ground
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 100x150

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00048000000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,767

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: AC Units
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: W/W Carpet
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 100X150
  • Location Middle School: H. W. Mountz
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Number Appliances Included A C Units: Yes
  • Roof Timberline: Yes
  • Style Ranch: Yes
  • Heating Oil Above Ground: Yes
  • SidingCedarShake: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Timberline
  • Topography: Level
  • Waterfront: No
  • Construction Type: Shake Siding
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Oil Above Ground, HWBB
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 100X150
  • Parcel #: 00048000000007
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 6767.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2014
Closed on
Jan 22, 2015
Sold by
Young Victoria C and Mekenian Michael Richard
Bought by
Young Victoria
Seller's Agent
Robert Booth
Diane Turton, Realtors-Point Pleasant Beach
Buyer's Agent
Matthew Mastrorilli
Providence Realty Group, LLC
Sold Price
$1,402,039
Current Estimated Value
$2,630,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,228,650
Avg. Annual Appreciation
5.66%
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
Young Victoria -- Agent For Old Republic Natl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christine Brian Mastrorilli $290,000
Closed Mastrorilli Brain Joseph $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2015 01/28/15 Sold $1,402,039 -- $1,402 / 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 $10,759 $2,336,500 $1,198,000 $1,138,500
2023 $10,759 $2,138,900 $1,027,000 $1,111,900
2022 $10,696 $2,055,700 $997,000 $1,058,700
2021 $10,696 $1,782,600 $825,000 $957,600
2020 $10,137 $1,640,300 $720,000 $920,300
2019 $10,040 $1,593,700 $700,000 $893,700
2018 $9,875 $1,572,500 $700,000 $872,500
2017 $9,544 $1,524,600 $700,000 $824,600
2016 $5,362 $785,000 $785,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21437046

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00048-0000-00007-01