NOT LISTED FOR SALE

504 Ludlow Ave Spring Lake, NJ 07762

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

8 Beds
4 Baths
3,720 Sq Ft
$642/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $1,249,000 $336 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $13,371/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Porch
  • Wood Flooring
  • No HOA
  • Eat-In Kitchen

About This Home

As of November 2016

Possibilities abound with this unique and totally renovated home in majestic Spring Lake! This is a legal 4 family home with the opportunity for a great investment as well as the option to live in town with the income to make it much more than just affordable! All 4 units have been upgraded and updated with new kitchens, baths, roof and mechanical's! Enjoy the convenience of being close to the Beach, downtown, schools, transportation and shopping while having the versatility of having 1,2, 3, or 4 incomes. Winter or summer is OK!!! Don't miss this one of a kind opportunity to make living in this wonderful town a reality! Call for further details!

Last Agent to Sell the Property

Chris Smith

Chris Smith Realty License #8441824 Listed on: 09/17/2016

Last Buyer's Agent

Chuck Puth

Charles Puth Realty, LLC License #9134850

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,551

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50 x 150
  • Landscaped with Trees

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Center Hall
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • 4 Full Bathrooms

Parking

  • No Garage
  • Common or Shared Parking
  • Driveway
  • On-Street Parking

Outdoor Features

  • Porch

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00115-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,551

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Treed Lots
  • Inclusions: Dishwasher, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Center Hall
  • New Construction: No
  • Year Built: 1900
  • 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 Lot Dimensions: 50 x 150
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Treed Lots: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen Eat-In: Yes
  • SidingCedarShake: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Total Bedrooms: 8
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

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

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Common, Driveway, On Street, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 47-00115-0000-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7551.0

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
$2,387,482

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

Listed on
Sep 17, 2016
Closed on
Nov 10, 2016
Sold by
504 Ludlow Sl Llc
Bought by
Tovaste Sl Llc
Seller's Agent
Chris Smith
Chris Smith Realty
Buyer's Agent
Chuck Puth
Charles Puth Realty, LLC
Sold Price
$1,249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$777,500
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 18, 2014
Closed on
May 8, 2015
Sold by
Griffin Janel
Bought by
504 Ludlow Sl Llc
Seller's Agent
Mary Filippo
Gloria Nilson & Co. Real Estate
Buyer's Agent
Phyllis Nocerino-Keefe
Gloria Nilson & Co. Real Estate
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.85%
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
11/10/2016 11/10/16 Sold $1,249,000 +51.4% $336 / Sq Ft
05/11/2015 05/11/15 Sold $825,000 -- $222 / 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
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

  • Chris Smith

    Seller's Agent in 2016

    Chris Smith

    Chris Smith Realty

    (732) 682-5300

    7 in this area

    53 Total Sales

    Chris Smith
    Section Image

  • C

    Buyer's Agent in 2016

    Chuck Puth

    Charles Puth Realty, LLC

    Section Image

  • M

    Seller's Agent in 2015

    Mary Filippo

    BHHS Fox & Roach

  • P

    Buyer's Agent in 2015

    Phyllis Nocerino-Keefe

    BHHS Fox & Roach

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21636453

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00115-0000-00003

New Jersey Monmouth County Spring Lake 07762

504 Ludlow Ave, Spring Lake, NJ

This home is located at 504 Ludlow Ave, Spring Lake, NJ 07762 since 17 September 2016 and is currently estimated at $2,387,482, approximately $641 per square foot. This property was built in 1900. 504 Ludlow 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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