NOT LISTED FOR SALE

505 Mercer Ave Unit 2e Spring Lake, NJ 07762

Estimated Value: $3,121,636

3 Beds
1 Bath
-- Sq Ft
7,492 Sq Ft Lot

Highlights

  • Dogs and Cats Allowed
  • Heating System Uses Natural Gas
  • 4-minute walk to Spring Lake

About This Home

As of October 2018

Annual lease: Updated 3 Bedroom Apartment on the second level near the Spring Lake train station, across from Potter Park and a 1/2 mile walk to the beach. Good credit and employment required. $1700 / month, tenant pays gas and electric.

Last Agent to Rent the Property

Kelly Cutillo

Diane Turton, Realtors-Avon License #9700054 Listed on: 10/02/2018

Diane Turton, Realtors-Avon

Last Renter's Agent

Roberta Gilligan

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,960

Year Built

  • Built in 1940

Lot Details

  • 7,492

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Location

  • Upper Level

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Dogs and Cats Allowed

Listing and Financial Details

  • Security Deposit $2,550
  • Property Available on 10/1/18
  • Assessor Parcel Number 47-00049-0000-00003

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,960

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-10-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Inclusions: Refrigerator, Dishwasher
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: H. W. Mountz
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2018-10-01
  • Maintenance Fees Security Deposit3: 2550.0
  • Allowable Cats2: Yes
  • Allowable Dogs2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Parcel #: 47-00049-0000-00003

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2017
Sold by
Mcpatrick Corporation
Bought by
Cutillo Kelly and Cutillo Thomas
Current Estimated Value
$3,121,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.96%
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
Cutillo Kelly $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cutillo Kelly --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Rented $20,400 0.0% --
09/07/2017 09/07/17 Rented $20,400 -- --
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 $8,960 $1,761,400 $1,230,000 $531,400
2024 $8,339 $1,716,400 $1,198,000 $518,400
2023 $8,339 $1,541,400 $1,027,000 $514,400
2022 $8,703 $1,503,200 $997,000 $506,200
2021 $8,195 $1,370,600 $825,000 $545,600
2020 $8,214 $1,257,900 $720,000 $537,900
2019 $8,195 $1,232,300 $700,000 $532,300
2018 $8,140 $1,227,700 $700,000 $527,700
2017 $8,028 $1,216,300 $700,000 $516,300
2016 $8,572 $1,187,200 $785,000 $402,200
2015 $8,594 $1,167,600 $765,400 $402,200
2014 $8,278 $1,143,400 $741,200 $402,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21838669

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00049-0000-00003