NOT LISTED FOR SALE

504 Ludlow Ave Unit Annual Spring Lake, NJ 07762

Estimated Value: $2,036,000 - $2,844,928

2 Beds
1 Bath
-- Sq Ft
7,405 Sq Ft Lot

Highlights

  • Colonial Architecture
  • No HOA
  • Air Conditioning
  • Wood Flooring
  • Porch

About This Home

As of July 2023

Live in SPRING LAKE.Showings by appointment only East of rte 71. Charming 4 family home. 3 bedroom apt has1 bedroom on 2nd fl and +2nd and 3rd bedroom on 3rd fl , 1 bath on 2nd fl. Relaxing front porch to unwind and talk to neighbors. Wood floors, granite counter tops and high ceilings. Renovated in 2016. BBQ grill and patio in rear with large table and chairs. Pics were taken before tenants moved in. Walk to beaches, town, shopping and restaurants. 2 blocks to the Mountz school K-8 Pls complete credit form This apartment is located in one of the most desirable locations in all of NJ. Walk east on Ludlow to pristine Spring Lake Beach and pool. 3rd ave to shops and restaurants. Walk the boardwalk that spans over 5 towns. no smokers

Last Agent to Rent the Property

Valentina Gabela

Weichert Realtors-Spring Lake License #0900092 Listed on: 07/23/2023

Weichert Realtors-Spring Lake

Last Renter's Agent

Connie Maynard

Space & Company License #2080391

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,555

Year Built

  • Built in 1900

Lot Details

  • 7,405

Home Design

  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Assigned Parking

Schools

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • 7,405 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,000
  • Property Available on 9/1/22
  • Assessor Parcel Number 47-00115-0000-00003

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,555

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2022-09-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1900
  • 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
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Contract Info Available Date: 2022-09-01
  • Maintenance Fees Security Deposit3: 3000.0
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 2
  • Living Room Floor - Wood Floor2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No
  • Exterior Features: Porch - Open

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 23, 2022
Sold by
Valentina Gabela
Bought by
504 Ludlow Llc
Seller's Agent
Valentina Gabela
Weichert Realtors-Spring Lake
Buyer's Agent
Thomas Zis
Ward Wight Sotheby's International Realty
Sold Price
$3,000
Current Estimated Value
$2,387,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,384,482

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:

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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 Change Sq Ft Price
07/27/2023 07/27/23 Rented $3,000 0.0% --
07/12/2023 07/12/23 For Rent $3,000 0.0% --
08/07/2022 08/07/22 Rented $3,000 0.0% --
07/27/2022 07/27/22 For Rent $3,000 -- --
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 $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

    34 Total Sales

    Valentina Gabela
    Section Image
  • Connie Maynard

    Tenant's Agent in 2023

    Connie Maynard

    Space & Company

    (732) 690-2291

    30 Total Sales

    Connie Maynard
    Section Image

  • T

    Buyer's Agent in 2022

    Thomas Zis

    Ward Wight Sotheby's International Realty

    (908) 872-3364

    6 Total Sales

    Thomas Zis
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22318997

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00115-0000-00003

New Jersey Monmouth County Spring Lake 07762

504 Ludlow Ave Unit Annual, Spring Lake, NJ

This home is located at 504 Ludlow Ave Unit Annual, Spring Lake, NJ 07762 since 23 July 2023 and is currently priced at $2,387,482. This property was built in 1900. 504 Ludlow Ave Unit Annual 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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