NOT LISTED FOR SALE

506 1st Ave Spring Lake, NJ 07762

Estimated Value: $3,474,000 - $3,757,000

4 Beds
2.5 Baths
2,835 Sq Ft
$1,270/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $1,775,000 $626 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $20,661/month

263 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Den
  • Colonial Architecture
  • No HOA
  • Gazebo

About This Home

As of January 2017

Renovate or build new! This prime over-sized property overlooking Spring Lake is ready to be upgraded or can be a choice building lot for your dream house! Ocean and lake views. 4 bedrooms, 2 1/2 baths. One block to south end pavilion, beach and short walk to downtown Spring Lake.

Last Agent to Sell the Property

Patricia Abrahamson

Ocean Pointe Listed on: 02/29/2016

Co-Listed By

Bart Dennin

Ocean Pointe

Last Buyer's Agent

Cindy Napp

Laurie Koziol Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,608

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75 x 150
  • Fenced
  • Oversized Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Asphalt Rolled Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 2,835 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Thermal Windows
  • Window Treatments
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Center Hall
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Gazebo

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Furnishings, microwave,personal items
  • Assessor Parcel Number 47-00032-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,608

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Co List Office Mls Id: 1247
  • Co List Office Phone: 732-974-2300
  • Inclusions: Washer, Wall Oven, Window Treatments, Dishwasher, Dryer, Electric Cooking, Stove, Stove Hood, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Flooring: W/W Carpet, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Center Hall, Den, Sliding Door
  • New Construction: No
  • Year Built: 1977
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.25
  • General Property Info Lot Dimensions: 75 x 150
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Den: Yes
  • Included Electric Cooking: Yes
  • Included Stove Hood: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Exterior Sprinkler Under: Yes
  • Exterior Thermal Window: Yes
  • Included Window Treatments: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • Roof Timberline: Yes
  • Lot Description Oversized3: Yes
  • Heating Oil Above Ground: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Eat-In: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Exterior Gazebo: Yes
  • Living Room Sliding Door2: Yes
  • Siding Cedar: Yes
  • Dining Room Sliding Door3: Yes
  • General Property Info # UnitsBldgs: 1.0
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Crawl Space, Unfinished
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 14
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Appliances Included:Wall Oven: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath Floor - WW Carpet2: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.25
  • Waterfront Features: Other - See Remarks
  • Waterfront: No
  • Exclusions: Furnishings, microwave,personal items
  • Construction Type: Cedar
  • Exterior Features: Balcony, Fence, Gazebo, Sprinkler Under, Thermal Window

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Oil Above Ground, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 75 x 150
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 47-00032-0000-00013
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 14608.0

Multi Family

  • Number Of Units Total: 1

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2017
Sold by
Helen C Sumer
Bought by
Preston Frank
Current Estimated Value
$3,600,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Outstanding Balance
$1,185,091
Interest Rate
4.23%
Estimated Equity
$2,415,219
Source: Public Records

Range of Values:

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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
Preston Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preston Frank A $500,000
Open Preston Frank $1,420,000
Closed Preston Frank --
Previous Owner Preston Frank A $1,420,000
Previous Owner Sumer Helen C $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $1,775,000 -- $626 / 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 $12,533 $2,700,700 $2,365,500 $335,200
2023 $12,533 $2,491,700 $2,164,300 $327,400
2022 $11,354 $2,278,600 $1,966,900 $311,700
2021 $11,354 $1,892,400 $1,610,500 $281,900
2020 $11,343 $1,835,400 $1,564,400 $271,000
2019 $11,269 $1,788,800 $1,525,700 $263,100
2018 $11,195 $1,782,600 $1,525,700 $256,900
2017 $11,227 $1,793,500 $1,472,500 $321,000
2016 $14,448 $2,115,400 $1,706,300 $409,100
2015 $14,608 $2,092,900 $1,683,800 $409,100
2014 $15,082 $2,198,600 $1,789,500 $409,100
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Patricia Abrahamson

    Ocean Pointe

  • B

    Seller Co-Listing Agent in 2017

    Bart Dennin

    Ocean Pointe

  • C

    Buyer's Agent in 2017

    Cindy Napp

    Laurie Koziol Real Estate Inc

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21607307

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00032-0000-00013

New Jersey Monmouth County Spring Lake 07762

506 1st Ave, Spring Lake, NJ

This home is located at 506 1st Ave, Spring Lake, NJ 07762 since 29 February 2016 and is currently estimated at $3,600,310, approximately $1,269 per square foot. This property was built in 1977. 506 1st 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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