NOT LISTED FOR SALE

505 Jersey Ave Spring Lake, NJ 07762

Estimated Value: $1,949,000 - $3,139,000

4 Beds
2 Baths
1,780 Sq Ft
$1,372/Sq Ft Est. Value

Last Sold May 03, 2012

Last sale price $775,000 $435 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $13,930/month

31 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • 3 Fireplaces
  • Contemporary Architecture
  • Attic
  • No HOA

About This Home

As of May 2012

Outstanding opportunity for those looking to be in this desirable community! Nicely maintained four bedroom, 2 full bath home on full sized conforming 50x150 property. Tons of space and nice room sizes, full of sunlight with its open southern exposure! Floor plan allows privacy for guests and what great fun in the full finished basement!Near to town, school, and parks-on quiet less traveled avenue. Hdwd floors, 2 fireplaces, newer windows, HWH, and 1 yr roof! Room for pool or garage!

Last Agent to Sell the Property

Susan Careatti

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #9135326 Listed on: 02/10/2012

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Last Buyer's Agent

Kathleen Leppard

Bonnie O' Malley Realtor License #8935621

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,893

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 50x150
  • Fenced

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Asphalt Rolled Roof

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Awning
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Attic Fan

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Parking

  • No Garage
  • Parking Available
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Storage Shed

Schools

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

Utilities

  • Whole House Fan
  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: STATUE IN REAR YARD
  • Assessor Parcel Number 4700072000100004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,893

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Wood Stove, Window Treatments, Whole House Fan, Ceiling Fan(s), Dishwasher, Central Vacuum, Dryer, Electric Cooking, Stove, Refrigerator, Awnings, Attic Fan
  • Subdivision Name: None
  • Architectural Style: Split Level, Contemporary
  • Reso Flooring: Ceramic Tile, Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic
  • Reso Other Structures: Storage Shed
  • Year Built: 1973
  • 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
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50X150
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 3.0
  • Interior Attic: Yes
  • Living Room Two Story2: Yes
  • Included Electric Cooking: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Parking Concrete: Yes
  • Roof Timberline: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Foyer Floor - Ceramic: Yes
  • Floors Tile: Yes
  • Included Attic Fan: Yes
  • Included Awnings: Yes
  • Included Wood Stove: Yes
  • Style Split Level: Yes
  • Included Whole House Fan: Yes
  • Basement Fireplace - Woodburning8: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 3
  • Total Bedrooms: 10
  • Stories: 3
  • 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
  • Other Rooms:Basement3: Yes
  • Appliances Included:Central Vacuum: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No
  • Exclusions: STATUE IN REAR YARD
  • Exterior Features: Fence, Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Electric BB, HWBB, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50X150
  • Parcel #: 4700072000100004
  • Zoning Description: Residential, Single Family, Neighborhood

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 5893.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2012
Closed on
May 2, 2012
Sold by
Hudson Diane
Bought by
Oconnor Michael A and Oconnor Margerie G
Seller's Agent
Susan Careatti
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Kathleen Leppard
Bonnie O' Malley Realtor
Sold Price
$775,000
Current Estimated Value
$2,442,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,667,663
Avg. Annual Appreciation
8.97%
Original Mortgage
$699,637
Interest Rate
4%
Mortgage Type
VA
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
Oconnor Michael A $775,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Michael A O $586,800
Closed Oconnor Michael A $699,637
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2012 05/03/12 Sold $775,000 -- $435 / 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 $7,448 $1,687,900 $1,378,000 $309,900
2023 $7,448 $1,480,700 $1,178,000 $302,700
2022 $5,868 $1,340,200 $1,052,000 $288,200
2021 $5,868 $1,019,700 $759,000 $260,700
2020 $6,115 $989,500 $739,000 $250,500
2019 $6,100 $968,300 $725,000 $243,300
2018 $6,045 $962,500 $725,000 $237,500
2017 $5,944 $949,500 $725,000 $224,500
2016 $6,309 $923,700 $747,800 $175,900
2015 $6,682 $957,300 $781,400 $175,900
2014 $5,817 $847,900 $672,000 $175,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21205468

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00072-01-00004