NOT LISTED FOR SALE

515 E Lakewood Ave Unit 517 Ocean Gate, NJ 08740

Estimated Value: $383,000 - $457,000

4 Beds
2 Baths
1,295 Sq Ft
$322/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $340,000 $263 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,619/month

35 Days on Market

Highlights

  • Bay View
  • Deck
  • Skylights
  • Atrium Room
  • No HOA
  • Bay Window

About This Home

As of June 2023

Close to beach, just 2 short blocks to Ocean Gates beautiful beach, boardwalk & 2nd Pier. This roomy ranch is ready for new owners. Offering 4 bedrooms and 2 full baths with a spacious kitchen. Walk into cathedral ceilings and a cozy gas fireplace and French doors leading you to the main living area. Rooms are all good sized and Primary has a full newer updated bath and laundry area. Lots of cabinetry and counter space in kitchen and plenty of closet space throughout the home. Back yard has a beautiful trex deck with awning and stamped concrete patio. 2 sheds for storage and your summer toys. This is a great location to enjoy Ocean Gate and the Jersey Shore.

Last Agent to Sell the Property

Cessna Statt

RE/MAX at Barnegat Bay License #9702325 Listed on: 04/22/2023

RE/MAX at Barnegat Bay

Last Buyer's Agent

Aaron Gottesman

RE/MAX First Class License #2079913

RE/MAX First Class

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,225

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,295 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Light Fixtures
  • Gas Fireplace
  • Awning
  • Blinds
  • Bay Window
  • Atrium Room
  • Bay Views
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Storage Shed

Schools

  • Ocean Gate Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00065-0000-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,225

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: AC Units, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Awnings, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Vinyl, Ceramic Tile
  • Reso Interior Features: Atrium, Bay/Bow Window, Skylight
  • Reso Other Structures: Storage Shed
  • Year Built: 1950
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 40 x 100
  • Location Middle School: Central Reg Middle
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Vinyl3: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Fireplace - Gas7: Yes
  • Interior BayBow Window: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Cooling Multi Units: Yes
  • Interior Atrium: Yes
  • Included Awnings: Yes
  • Living Room Skylight7: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exterior Features: Deck, Shed, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 22-00065-0000-00017
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4225.0

MLS Schools

  • Elementary School: Ocean Gate
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2023
Closed on
Jun 7, 2023
Sold by
Kelly Kathleen
Bought by
Lubas Stephen and Lubas John
Seller's Agent
Cessna Statt
RE/MAX at Barnegat Bay
Buyer's Agent
Aaron Gottesman
RE/MAX First Class
List Price
$324,900
Sold Price
$340,000
Premium/Discount to List
$15,100
4.65%
Views
183
Current Estimated Value
$417,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,304
Avg. Annual Appreciation
9.32%
Original Mortgage
$272,000
Outstanding Balance
$264,727
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$152,577

Purchase Details

Closed on
May 27, 1999
Sold by
Smith George W and Smith Christine
Bought by
Colony Development Company Llc
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
Lubas Stephen $340,000 Afrm Title & Abstract
Lubas Stephen $340,000 Afrm Title & Abstract
Colony Development Company Llc $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lubas Stephen $272,000
Closed Lubas Stephen $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $340,000 +4.6% $263 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $324,900 -4.4% $251 / Sq Ft
04/21/2023 04/21/23 Off Market $340,000 -- --
04/21/2023 04/21/23 For Sale $324,900 -- $251 / 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
2025 $4,985 $303,200 $151,000 $152,200
2024 $4,586 $303,200 $151,000 $152,200
2023 -- $151,900 $60,700 $91,200
2022 $0 $151,900 $60,700 $91,200
2021 $0 $151,900 $60,700 $91,200
2020 $0 $151,900 $60,700 $91,200
2019 $3,529 $151,900 $60,700 $91,200
2018 $0 $151,900 $60,700 $91,200
2017 $0 $151,900 $60,700 $91,200
2016 $3,529 $151,900 $60,700 $91,200
2015 $3,908 $204,000 $100,000 $104,000
2014 $3,926 $204,000 $100,000 $104,000
Source: Public Records

Agents Affiliated with this Home

  • Cessna Statt

    Seller's Agent in 2023

    Cessna Statt

    RE/MAX

    (609) 276-3135

    21 in this area

    103 Total Sales

    Cessna Statt
    Section Image
  • Aaron Gottesman

    Buyer's Agent in 2023

    Aaron Gottesman

    RE/MAX

    (732) 284-1300

    4 in this area

    31 Total Sales

    Aaron Gottesman
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22310351

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00065-0000-00017

New Jersey Ocean County Ocean Gate 08740

515 E Lakewood Ave Unit 517, Ocean Gate, NJ

This home is located at 515 E Lakewood Ave Unit 517, Ocean Gate, NJ 08740 since 22 April 2023 and is currently estimated at $417,304, approximately $322 per square foot. This property was built in 1950. 515 E Lakewood Ave Unit 517 is a home located in Ocean County with nearby schools including Ocean Gate Elementary School, Central Regional Middle School, and Central Regional High 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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