NOT LISTED FOR SALE

554 Mercer Ave Spring Lake, NJ 07762

Estimated Value: $1,515,000 - $1,938,947

4 Beds
2.5 Baths
2,508 Sq Ft
$690/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $870,000 $347 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $10,251/month

7 Days on Market

Highlights

  • Outdoor Pool
  • 2-minute walk to Spring Lake
  • Deck
  • Waterfront
  • Colonial Architecture
  • Wood Flooring

About This Home

As of June 2020

Light filled 4 BR in Spring Lake Heights situated in a sweet spot close to train, town of Spring Lake and the beach. Built in 2004 on the first floor there are high ceilings, hardwood floors, DR with decorative molding, Eat in kitchen w/granite counters open to family room w/ fireplace. 4 good sized BR upstairs. Large Master with 2 closets, full bath with jacuzzi tub and stall shower. Full unfinished large basement with high ceiling is full of possibilities. Fenced in yard with detached garage. Relax on your front porch and enjoy this great neighborhood.

Last Agent to Sell the Property

Susan Miller

Diane Turton, Realtors-Spring Lake License #0677643 Listed on: 03/27/2020

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Meghan Frost

Ward Wight Sotheby's International Realty License #1327673

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,604

Year Built

  • Built in 2004

Lot Details

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

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,508 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Light Fixtures
  • Wood Burning Fireplace
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Deck
  • Porch

Schools

  • Spring Lake Heights Elementary And Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Dining Room chandelier
  • Assessor Parcel Number 48-00067-0000-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,604

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Security System, Breakfast Bar
  • New Construction: No
  • Year Built: 2004
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Spring Lake Heights
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • Cooling 2 Zoned AC: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Ceilings - High, Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Stories: 2
  • Full Basement: 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
  • Basement:Unfinished: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Whirlpool: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Topography: Level
  • Waterfront: Yes
  • Exclusions: Dining Room chandelier
  • Exterior Features: Deck, Porch - Open
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • 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: Spring Lake Heights

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 48-00067-0000-00011
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11604.0

MLS Schools

  • Elementary School: Spring Lake Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jun 5, 2020
Sold by
Mccarthy Susan C
Bought by
Mcdermott Sean and Mcdermott Kathleen
Seller's Agent
Susan Miller
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Meghan Frost
Ward Wight Sotheby's International Realty
List Price
$889,000
Sold Price
$870,000
Premium/Discount to List
-$19,000
-2.14%
Current Estimated Value
$1,730,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$860,237
Avg. Annual Appreciation
13.69%
Original Mortgage
$370,000
Outstanding Balance
$327,977
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,402,260

Purchase Details

Closed on
May 18, 2004
Sold by
Broadview Dev Grp
Bought by
Mccarthy Susan

Purchase Details

Closed on
Jul 29, 2003
Sold by
Meeks William
Bought by
Broadview Dev Grp Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcdermott Sean $870,000 Trident Abstract Ttl Agcy Ll
Mccarthy Susan $695,000 --
Broadview Dev Grp Llc $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Sean $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $870,000 -2.1% $347 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $889,000 -- $354 / 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 $12,920 $1,217,500 $675,000 $542,500
2024 $12,261 $1,227,000 $650,000 $577,000
2023 $12,261 $1,094,700 $525,000 $569,700
2022 $10,904 $945,400 $392,500 $552,900
2021 $10,904 $850,300 $340,000 $510,300
2020 $11,615 $855,300 $340,000 $515,300
2019 $11,604 $845,800 $340,000 $505,800
2018 $11,452 $812,200 $340,000 $472,200
2017 $10,824 $795,900 $325,000 $470,900
2016 $10,384 $754,100 $325,000 $429,100
2015 $10,126 $737,500 $315,000 $422,500
2014 $9,989 $743,800 $280,000 $463,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22011444

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00067-0000-00011