NOT LISTED FOR SALE

530 State Route 71 Unit 5 Spring Lake, NJ 07762

Estimated Value: $479,000 - $556,000

2 Beds
1 Bath
864 Sq Ft
$220/mo HOA Fee

Last Sold March 31, 2023

Last sale price $415,000 $480 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,344/month

61 Days on Market

Highlights

  • Wood Flooring
  • Home Security System
  • Baseboard Heating
  • Air Conditioning

About This Home

As of March 2023

Location, Location, Location! Cozy, quiet 2BR, 1 Bath unit in beautifully manicured 10-unit condo complex east of 71. Natural wood floors throughout. Features include: dishwasher and in-unit washer/dryer, a security system ready to be enabled and two wall air conditioners installed in 2021 and 2019. Main bedroom has a walk-in closet; there are three other closets throughout. Ample storage unit in shared basement. The unit comes with one reserved parking spot. One dog allowed under 20 lbs for owner occupied unit, annual lease only ,no pets. Within walking distance to shopping, restaurants and night life. Just an eight-block ride to Spring Lake beach. Come enjoy all that Spring Lake Heights has to offer.

Last Agent to Sell the Property

Cheryl Sullivan

The Connolly Agency License #1536431 Listed on: 02/06/2023

Co-Listed By

Nancy Cantlon

The Connolly Agency License #1540210

Last Buyer's Agent

Steven Porzio

Coldwell Banker Realty License #0789694

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,357

Year Built

  • Built in 1984

Lot Details

  • 4,138

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Home Security System

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • Spring Lake Heights Elementary And Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 48-00073-0000-00004-11

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include common area, lawn maintenance, snow removal

Amenities

  • Common Area

Recreation

  • Snow Removal

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,357

Year Built

Built in 1984

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Fee Includes: Common Area, Lawn Maintenance, Snow Removal
  • Co List Office Mls Id: 2867
  • Co List Office Phone: 732-361-0800
  • Inclusions: AC Units, Washer, Dishwasher, Dryer, Electric Cooking, Microwave, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • Reso Interior Features: Security System
  • Year Built: 1984
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Allowable Pet Size Limit: Yes
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Common Area2: Yes
  • Location Middle School: Spring Lake Heights
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Parking Asphalt: Yes
  • Included Electric Cooking: Yes
  • Number Appliances Included A C Units: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Security System: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Asphalt, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Parcel #: 48-00073-0000-00004-11
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3357.0

MLS Schools

  • Elementary School: Spring Lake Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 24, 2023
Sold by
Mcdonough Lori A
Bought by
Rabinowitz Joseph F and Renna Brianna F
Seller's Agent
Cheryl Sullivan
The Connolly Agency
Buyer's Agent
Steven Porzio
Coldwell Banker Realty
List Price
$435,000
Sold Price
$415,000
Premium/Discount to List
-$20,000
-4.6%
Total Days on Market
61
Views
7
Current Estimated Value
$506,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,653
Avg. Annual Appreciation
9.41%
Original Mortgage
$365,000
Outstanding Balance
$356,567
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$150,086

Purchase Details

Closed on
Jul 31, 2002
Sold by
Owens Josephine
Bought by
Mcdonough Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.36%
Source: Public Records

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Range of Values:

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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
Rabinowitz Joseph F $415,000 Vintage Title Services
Mcdonough Lori $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabinowitz Joseph F $365,000
Previous Owner Mcdonough Lori A $135,000
Previous Owner Mcdonough Lori $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $415,000 -4.6% $480 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $435,000 -- $503 / 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 $3,524 $418,900 $289,400 $129,500
2023 $3,524 $314,600 $185,000 $129,600
2022 $3,214 $267,700 $133,400 $134,300
2021 $3,214 $238,100 $116,000 $122,100
2020 $3,217 $236,900 $116,000 $120,900
2019 $2,970 $216,500 $101,000 $115,500
2018 $2,816 $199,700 $91,000 $108,700
2017 $2,670 $196,300 $91,000 $105,300
2016 $2,695 $195,700 $91,000 $104,700
2015 $2,650 $193,000 $91,000 $102,000
2014 $2,694 $200,600 $91,000 $109,600
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Sullivan

    Seller's Agent in 2023

    Cheryl Sullivan

    The Connolly Agency

    (973) 220-2918

    1 in this area

    47 Total Sales

    Cheryl Sullivan
    Section Image

  • N

    Seller Co-Listing Agent in 2023

    Nancy Cantlon

    The Connolly Agency

    (973) 568-5919

    1 in this area

    40 Total Sales

    Nancy Cantlon
    Section Image
  • Steven Porzio

    Buyer's Agent in 2023

    Steven Porzio

    Coldwell Banker Realty

    (732) 691-1668

    2 in this area

    222 Total Sales

    Steven Porzio
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22238154

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00073-0000-00004-11

New Jersey Monmouth County Spring Lake 07762

530 State Route 71 Unit 5, Spring Lake, NJ

This home is located at 530 State Route 71 Unit 5, Spring Lake, NJ 07762 since 06 February 2023 and is currently estimated at $506,653, approximately $586 per square foot. This property was built in 1984. 530 State Route 71 Unit 5 is a home located in Monmouth County with nearby schools including Spring Lake Heights Elementary School and 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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