NOT LISTED FOR SALE

511 Morris Ave Spring Lake, NJ 07762

Estimated Value: $1,964,000 - $3,724,000

4 Beds
4 Baths
2,922 Sq Ft
$1,096/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $2,125,000 $727 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $19,041/month

112 Days on Market

Highlights

  • Recreation Room
  • Shore Colonial Architecture
  • No HOA
  • Wood Flooring
  • Whirlpool Bathtub
  • Billiard Room

About This Home

As of December 2020

Envision life in a charming home on a quiet dead end street, almost a cul-de-sac, in one of Spring Lake's most family oriented neighborhoods where memories will be made for a lifetime. This is a beautifully maintained, 4 BR, 4 full bath Shore Colonial nestled in a desirable ''walk to town'' setting. The stained mahogany front porch is right out of a storybook. Features include a formal LR w/ natural gas fireplace w/ stone surround & DR, Eat-in-Kitchen with SS appliances & center island w/ quartz countertops w/ seating for 5 opening to the Family Room. An unexpected bonus is the unfinished 3rd floor boasting another potential 1,334 SF that can easily be converted into another BR or 2 w/ a full bath & loft area. The finished basement w/ full bath and potential BR is another welcome surprise!

Last Agent to Sell the Property

Michael Skea

Ward Wight Sotheby's International Realty License #0233882 Listed on: 10/16/2020

Ward Wight Sotheby's International Realty

Last Buyer's Agent

Michael Skea

Ward Wight Sotheby's International Realty License #0233882 Listed on: 10/16/2020

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,427

Year Built

  • Built in 2001

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,922 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Intercom

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Recreation or Family Area in Basement

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 47-00071-0000-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,427

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator, Gas Cooking, Intercom
  • Subdivision Name: None
  • Architectural Style: Detached, Shore Colonial
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Dec Molding, Sliding Door
  • Year Built: 2001
  • 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
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Included BlindsShades: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Rooms Bonus Room2: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Basement Heated: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • Rooms Breakfast: Yes
  • Included Intercom: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Rooms Billiard Room: Yes
  • Rec Room Level Basement9: Yes
  • Billiard Room Level Basement43: Yes
  • Bonus Room Level Basement35: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished, Heated
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 17
  • Stories: 3
  • Basement Finished: Yes
  • 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
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Rec Room: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Whirlpool: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Fence, Patio, Sprinkler Under, Porch - Covered, Lighting
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00071-0000-00007
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9427.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 24, 2020
Sold by
Muldowney Thomas E and Muldowney Margaret M
Bought by
Kase David and Kase Sinead
Seller's Agent
Michael Skea
Ward Wight Sotheby's International Realty
Buyer's Agent
Michael Skea
Ward Wight Sotheby's International Realty
List Price
$2,199,000
Sold Price
$2,125,000
Premium/Discount to List
-$74,000
-3.37%
Current Estimated Value
$3,287,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,162,855
Avg. Annual Appreciation
9.21%
Original Mortgage
$800,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2020
Sold by
Muldowney Thomas E and Mcmahon Margaret M
Bought by
Kase David and Kase Sinead

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2020
Sold by
Muldowney Thomas E and Mcmahon Margaret M
Bought by
Muldowney Thomas E and Mcmahon Margaret M

Purchase Details

Closed on
Aug 2, 2010
Sold by
Muldowney Thomas E and Mcmahon Margaret M
Bought by
Muldowney Thomas E and Mcmahon Margaret M

Purchase Details

Closed on
Sep 14, 2000
Sold by
Aimone Theresa
Bought by
Muldowney Thomas and Mcmahon Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
8.07%
Source: Public Records

Range of Values:

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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
Kase David $2,125,000 Stewart Title
Kase David $2,125,000 Ny Globalserve Ttl Agcy Corp
Muldowney Thomas E -- None Available
Muldowney Thomas E -- None Available
Muldowney Thomas $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kase David $800,000
Previous Owner Kase David $800,000
Previous Owner Muldowney Thomas E $615,000
Previous Owner Muldowney Thomas E $400,000
Previous Owner Muldowney Thomas E $398,000
Previous Owner Muldowney Thomas E $230,000
Previous Owner Muldowney Thomas $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $2,125,000 0.0% $727 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
08/18/2020 08/18/20 Off Market $2,125,000 -- --
08/18/2020 08/18/20 For Sale $2,199,000 0.0% $753 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $2,199,000 -- $753 / 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 $10,582 $2,326,000 $1,378,000 $948,000
2023 $10,582 $2,103,800 $1,178,000 $925,800
2022 $8,978 $1,933,500 $1,052,000 $881,500
2021 $8,978 $1,566,100 $759,000 $807,100
2020 $9,418 $1,524,000 $739,000 $785,000
2019 $9,427 $1,496,400 $725,000 $771,400
2018 $9,449 $1,504,600 $725,000 $779,600
2017 $9,151 $1,461,800 $725,000 $736,800
2016 $9,496 $1,390,300 $785,000 $605,300
2015 $9,567 $1,370,700 $765,400 $605,300
2014 $9,237 $1,346,500 $741,200 $605,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22020795

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00071-0000-00007