RENTED MAY 20, 2025

513 Old Mill Rd Spring Lake, NJ 07762

Estimated Value: $977,000 - $1,436,000

4 Beds
2.5 Baths
2,614 Sq Ft
$471/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $910,000 $348 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,167/month

Highlights

  • Custom Home
  • Wood Flooring
  • Great Room
  • Deck
  • Bonus Room
  • No HOA

About This Home

As of May 2025

It's the perfect annual rental and with 4 spacious bedrooms and a full finished basement, there's room for everyone to relax and unwind. Overlooking the serene Spring Lake Golf Club, the home features a covered front porch, back deck, patio, and fenced yard—perfect for enjoying the sunsets! Inside, enjoy hardwood floors, soaring 9' ceilings, and 2-zone central AC for ultimate comfort. The big eat-in kitchen and great room ideal for gathering. Parking for 2-3 cars, pets allowed! Just minutes from the beach, charming downtown Spring Lake, and amazing restaurants. Available May 1, 2025

Last Agent to Rent the Property

Ric Martel

Berkshire Hathaway HomeServices Fox & Roach - Toms River License #9132441 Listed on: 12/20/2024

Berkshire Hathaway HomeServices Fox & Roach - Toms River

Last Renter's Agent

Brian Kachoogian

Berkshire Hathaway HomeServices Fox & Roach - Toms River License #0561244

Berkshire Hathaway HomeServices Fox & Roach - Toms River

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 8,407

Home Design

  • Custom Home
  • Colonial Architecture

Interior Spaces

  • 2,614 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Center Hall

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Spring Lake Heights Elementary And Middle School
  • Manasquan High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 5/1/25
  • Assessor Parcel Number 48-00024-0000-00016

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

8,407 Sq Ft Lot

Rental Info

  • Available Date: 2025-05-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Timer Thermostat, Stove Hood, Washer, Stove, Microwave, Outdoor Lighting, Refrigerator, Window Treatments, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Built-in Features, Center Hall, Dec Molding, Recessed Lighting
  • Year Built: 2005
  • Contract Info List PriceSqFt: 2.22
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Location Middle School: Spring Lake Heights
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Exterior Porch - Open: Yes
  • Included Stove Hood: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Included Timer Thermostat: Yes
  • Included Window Treatments: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Rooms Bonus Room2: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Contract Info Available Date: 2025-05-01
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Kitchen Butler Pantry: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Rooms Breakfast: Yes
  • General Property Info # Parking Spaces3: 3-4
  • Living Room Built-Ins2: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Included Outdoor Lighting3: Yes
  • Bonus Room Level Basement35: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Ceilings - High, Full, Heated
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Great Room: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Double Sinks2: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bath Tub2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bedroom TRYVLTCATH10: Yes
  • Primary Bedroom Level Second39: Yes
  • Interior Built-in Features: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Deck, Thermal Window
  • Patio And Porch Features: Porch - Open, Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 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: Spring Lake Heights

Lot Info

  • Parcel #: 48-00024-0000-00016

MLS Schools

  • Elementary School: Spring Lake Heights
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Sep 16, 2024
Sold by
Lagomarsino Jay and Strus Kathleen
Bought by
Maffey Andrew and Maffey Patricia
Seller's Agent
Dino DeMoro
Keller Williams Realty West Monmouth
Buyer's Agent
John Amoscato
Chris Smith Realty
List Price
$1,250,000
Sold Price
$910,000
Premium/Discount to List
-$340,000
-27.2%
Views
229
Current Estimated Value
$1,229,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,903
Avg. Annual Appreciation
23.82%
Original Mortgage
$546,000
Outstanding Balance
$539,886
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$690,017

Purchase Details

Listed on
Sep 7, 2015
Closed on
Dec 14, 2015
Sold by
King Ruth A
Bought by
Lagomarsino Jay and Strus Kathleen
Seller's Agent
Carmela Pavliv
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Dino DeMoro
Keller Williams Realty Central Monmouth
Sold Price
$635,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$508,000
Interest Rate
3.95%

Purchase Details

Closed on
May 27, 2003
Sold by
Young James
Bought by
Jerald Dev Group Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maffey Andrew $910,000 Acres Land Title
Maffey Andrew $910,000 Acres Land Title
Lagomarsino Jay $635,000 --
Jerald Dev Group Inc $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maffey Andrew $546,000
Closed Maffey Andrew $546,000
Previous Owner Lagomarsino Jay $508,000
Previous Owner Lagomarsino Jay --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2025 05/20/25 Rented $5,500 -5.2% --
01/30/2025 01/30/25 Under Contract -- -- --
01/29/2025 01/29/25 Price Changed $5,800 -3.3% $2 / Sq Ft
12/20/2024 12/20/24 For Rent $6,000 0.0% --
09/20/2024 09/20/24 Sold $910,000 -4.2% $348 / Sq Ft View Prior Sale
08/03/2024 08/03/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $949,900 -5.0% $363 / Sq Ft
05/30/2024 05/30/24 Price Changed $999,999 -9.1% $383 / Sq Ft
05/17/2024 05/17/24 Price Changed $1,100,000 -8.3% $421 / Sq Ft
05/02/2024 05/02/24 Price Changed $1,200,000 -4.0% $459 / Sq Ft
04/26/2024 04/26/24 For Sale $1,250,000 +96.9% $478 / Sq Ft
12/07/2015 12/07/15 Sold $635,000 -- $243 / Sq Ft View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $9,983 $914,400 $405,400 $509,000
2024 $9,850 $948,100 $442,600 $505,500
2023 $9,850 $879,500 $380,200 $499,300
2022 $9,844 $811,500 $322,300 $489,200
2021 $9,844 $729,200 $279,200 $450,000
2020 $9,404 $692,500 $279,200 $413,300
2019 $9,446 $688,500 $279,200 $409,300
2018 $9,498 $673,600 $290,900 $382,700
2017 $9,154 $673,100 $290,900 $382,200
2016 $8,003 $581,200 $153,100 $428,100
2015 $7,892 $574,800 $153,100 $421,700
2014 $8,176 $608,800 $153,100 $455,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22435488

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00024-0000-00016

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