NOT LISTED FOR SALE

507 Washington Ave Unit SUMMER Spring Lake, NJ 07762

Estimated Value: $2,965,000 - $3,710,000

5 Beds
3.5 Baths
3,785 Sq Ft
$902/Sq Ft Est. Value

Highlights

  • Community Beach Access
  • Colonial Architecture
  • Marble Bathroom Countertops
  • Basketball Court
  • Wood Flooring
  • Steam Shower

About This Home

As of April 2024

Discover the perfect blend of coastal and modern in this Spring Lake home three blocks to the center of downtown and food markets, coffee shops & shopping. This inviting residence features a sunny kitchen and great room that leads out to a private fenced in backyard to grill and dine. Enjoy a large finished basement and third floor for additional hang out space. Available for a min of 2 weeks starting 7/31/2026 ... inquire for avail / $11,000/week / includes beach badges, utilities, linens and towels.

Last Agent to Rent the Property

Kerry Patterson

Ward Wight Sotheby's International Realty License #0563107 Listed on: 04/13/2024

Ward Wight Sotheby's International Realty

Last Renter's Agent

Kerry Patterson

Ward Wight Sotheby's International Realty License #0563107 Listed on: 04/13/2024

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,836

Year Built

  • Built in 2002

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Colonial Architecture

Interior Spaces

  • 3,785 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Center Hall
  • Kitchen Island
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Marble Bathroom Countertops
  • Primary Bathroom Bathtub Only
  • Steam Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Basketball Court
  • Patio
  • Porch

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 7/12/24
  • Assessor Parcel Number 47-00083-0000-00004

Community Details

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Additional Features

  • No Home Owners Association
  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,836

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2024-07-12

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Basketball Court, Common Area, Playground
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Interior Features: Built-Ins, Center Hall, Dec Molding, Sliding Door, Recessed Lighting
  • Year Built: 2002
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • General Property Info Acreage: 0.2
  • Location Middle School: H. W. Mountz
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Exterior Sprinkler Under: Yes
  • Garage None4: Yes
  • Kitchen Sliding Door5: Yes
  • Common Elements Playground: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Living Room Dec Molding3: Yes
  • Contract Info Available Date: 2024-07-12
  • Maintenance Fees Security Deposit3: 10.0
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Common Elements Tennis Court: Yes
  • General Property Info # Parking Spaces3: 3
  • Furnished Full2: Yes
  • Living Room Built-Ins2: Yes
  • Common Elements Basketball Court: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Dining Room Built-Ins3: Yes
  • Foyer Fireplace - Gas: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Common Elements Beach Access: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Ceilings - High, Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 4
  • Stories: 4
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Kitchen Pantry: Yes
  • Primary Bath Tub2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bath Marble10: Yes
  • Primary Bath Steam Shower3: Yes

Exterior Features

  • Acres: 0.2
  • Waterfront: No
  • Exterior Features: Fence, Outdoor Shower, Patio, Porch - Open, Sprinkler Under

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 47-00083-0000-00004

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2021
Sold by
Ancona William and Price-Ancona Kathleen
Bought by
Damen Giada and Vitaro Jeremy
Current Estimated Value
$3,415,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.95%

Purchase Details

Closed on
May 3, 2021
Sold by
Ancona William and Price Ancona Kathleen
Bought by
Vitaro Jeremy and Damen Giada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.95%

Purchase Details

Closed on
Jun 29, 2006
Sold by
Yancey Edwin L
Bought by
Ancona William and Ancona Kathleen Price

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2001
Sold by
Murphy Timothy
Bought by
Yancey Edwin and Yancey Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,400
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1996
Sold by
Applegate Mildred
Bought by
Murphy Timothy and Murphy Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
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
Damen Giada $2,149,000 --
Vitaro Jeremy $2,149,000 Empire Ttl & Abstract Agcy L
Vitaro Jeremy $2,149,000 Land Title
Ancona William $1,355,000 --
Yancey Edwin $440,000 --
Murphy Timothy $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Damen Giada --
Open Vitaro Jeremy $822,375
Closed Vitaro Jeremy $822,375
Previous Owner Ancona William $1,000,000
Previous Owner Yancey Edwin $631,400
Previous Owner Murphy Timothy $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 For Rent $11,000 +10.0% --
04/30/2024 04/30/24 Rented $10,000 -50.0% --
04/30/2024 04/30/24 Rented $20,000 +100.0% --
04/13/2024 04/13/24 Under Contract -- -- --
04/13/2024 04/13/24 For Rent $10,000 0.0% --
04/13/2024 04/13/24 Under Contract -- -- --
12/07/2023 12/07/23 For Rent $10,000 -- --
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 $11,836 $2,614,900 $1,329,200 $1,285,700
2024 $11,057 $2,420,400 $1,224,100 $1,196,300
2023 $11,057 $2,198,300 $1,030,000 $1,168,300
2022 $8,970 $2,124,300 $990,500 $1,133,800
2021 $8,970 $1,495,600 $733,400 $762,200
2020 $8,941 $1,446,800 $705,200 $741,600
2019 $8,932 $1,417,700 $680,000 $737,700
2018 $8,901 $1,417,300 $680,000 $737,300
2017 $8,619 $1,376,900 $680,000 $696,900
2016 $8,967 $1,312,900 $734,000 $578,900
2015 $9,394 $1,345,900 $767,000 $578,900
2014 $8,499 $1,238,900 $660,000 $578,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22410098

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00083-0000-00004