NOT LISTED FOR SALE

504 Ludlow Ave Unit 2250/month winter re Spring Lake, NJ 07762

Estimated Value: $2,027,000 - $2,670,000

1 Bed
1 Bath
3,720 Sq Ft
$652/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Air Conditioning
  • Kitchen Island
  • Furnished
  • Living Room
  • Forced Air Heating System

About This Home

As of December 2023

This home is located at 504 Ludlow Ave Unit 2250/month winter re, Spring Lake, NJ 07762 since 06 December 2023 and is currently priced at $2,426,357. This property was built in 1900. 504 Ludlow Ave Unit 2250/month winter re is a home located in Monmouth County with nearby schools including St. Catharine School.

Last Agent to Rent the Property

Valentina Gabela

Weichert Realtors-Spring Lake License #0900092 Listed on: 12/06/2023

Weichert Realtors-Spring Lake

Last Renter's Agent

Linda DiPalma

Weichert Realtors-Spring Lake License #2185279

Weichert Realtors-Spring Lake

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room
  • Wood Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Off-Street Parking
  • Assigned Parking

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Association fees include lawn maintenance, water, sewer

Listing and Financial Details

  • Property Available on 9/20/23
  • Ask Agent About Lease Term
  • Assessor Parcel Number 47-00115-0000-00003

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2023-09-20

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Four Family
  • Reso Association Fee Includes: Lawn Maintenance, Water, Sewer
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • Year Built: 1900
  • Contract Info List PriceSqFt: 0.6
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 0.17
  • Location Middle School: H. W. Mountz
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Foyer Floor - Wood: Yes
  • Contract Info Available Date: 2023-09-20
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 1
  • Furnished Full2: Yes
  • Lease Terms Winter: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 2
  • Stories: 2
  • BasementOther: Yes
  • Primary Bedroom Floor - Wood8: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None, Assigned
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00115-0000-00003

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Valentina Gabela
Bought by
504 Ludlow Llc
Current Estimated Value
$2,426,357

Purchase Details

Closed on
Jul 15, 2021
Sold by
Tovaste Sl Llc
Bought by
Gabela Valentina and Morse Maria Galatro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2016
Sold by
504 Ludlow Sl Llc
Bought by
Tovaste Sl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$777,500
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2015
Sold by
Griffin Janel
Bought by
504 Ludlow Sl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$777,500
Interest Rate
3.66%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
504 Ludlow Llc -- --
504 Ludlow Llc -- None Listed On Document
Gabela Valentina $1,500,000 Anchor Title Agency Llc
Tovaste Sl Llc $1,249,000 Old Republic National Title
504 Ludlow Sl Llc $825,000 Agent First Jersey Title Sv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gabela Valentina $1,200,000
Previous Owner Tovaste Sl Llc $777,500
Previous Owner 504 Ludlow Sl Llc $777,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Rented $10,250 +355.6% --
12/06/2023 12/06/23 For Rent $2,250 -- --
12/05/2023 12/05/23 Under Contract -- -- --
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 $8,555 $2,016,600 $1,412,000 $604,600
2024 $7,962 $1,749,500 $1,187,000 $562,500
2023 $7,962 $1,583,000 $1,005,700 $577,300
2022 $8,254 $1,516,700 $967,000 $549,700
2021 $8,254 $1,375,700 $878,500 $497,200
2020 $8,033 $1,299,900 $822,000 $477,900
2019 $7,963 $1,264,000 $800,000 $464,000
2018 $7,869 $1,253,000 $800,000 $453,000
2017 $6,727 $1,074,600 $800,000 $274,600
2016 $7,501 $1,098,300 $662,900 $435,400
2015 $7,551 $1,081,800 $646,400 $435,400
2014 $7,281 $1,061,300 $625,900 $435,400
Source: Public Records

Agents Affiliated with this Home

  • Valentina Gabela

    Landlord's Agent in 2023

    Valentina Gabela

    Weichert Realtors-Spring Lake

    (908) 334-8252

    33 Total Sales

    Valentina Gabela
    Section Image

  • L

    Tenant's Agent in 2023

    Linda DiPalma

    Weichert Realtors-Spring Lake

    (732) 433-0526

    6 Total Sales

    Linda DiPalma
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22333269

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00115-0000-00003

New Jersey Monmouth County Spring Lake 07762

504 Ludlow Ave Unit 2250/month winter re, Spring Lake, NJ

Not Listed for Sale

MultiFamily

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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