J
Seller's Agent in 2022
Jill Stewart
Realty Executives Exceptional
(973) 464-2823
2 in this area
60 Total Sales
556 Ocean Rd Spring Lake, NJ 07762
6
Beds
2
Baths
2,064
Sq Ft
8,276
Sq Ft Lot
Highlights
- Custom Home
- Main Floor Primary Bedroom
- Living Room
- Wood Flooring
- No HOA
- Recessed Lighting
About This Home
As of July 2015This is a multi-family home in Spring Lake Heights. Live in one and rent the other. Or rent both! Potential income on each is approximately $2,000/mo annually/$1,700 winter. A 30 year mortgage of $396,000 at 4.5% is $2,000/mo. What a deal! Use one unit in the summer and rent it for the winter and you're set!
Last Agent to Sell the Property
Salt and Cedar Properties, LLC License #0679991 Listed on: 04/16/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,846
Year Built
- Built in 1951
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 140 x 60
- Fenced
Home Design
- Custom Home
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Recessed Lighting
- Entrance Foyer
- Living Room
- Stove
- Unfinished Basement
Flooring
- Wood
- Wall to Wall Carpet
- Linoleum
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Primary bedroom located on second floor
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Parking Available
- Paved Parking
Schools
- Spring Lake Heights 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
Listing and Financial Details
- Exclusions: Some Downstairs kitchen cabinets were built by the tenants and are excluded from the sale.
- Assessor Parcel Number 48-00038-0000-00016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2015
Closed on
Jun 26, 2015
Sold by
Reynolds Thomas and Reynolds Phyllis
Bought by
Keller William D
Seller's Agent
Katherine Reynolds
Salt and Cedar Properties, LLC
Buyer's Agent
Jill Stewart
Realty Executives Exceptional
Sold Price
$472,500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$700,911
Avg. Annual Appreciation
9.17%
Original Mortgage
$456,730
Interest Rate
4.12%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $472,500 | Foundation Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $427,000 | New Conventional | |
| Closed | $454,002 | FHA | |
| Closed | $456,730 | FHA | |
| Previous Owner | $262,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2022 07/27/22 | Rented | $2,900 | 0.0% | -- |
| 07/11/2022 07/11/22 | Under Contract | -- | -- | -- |
| 11/27/2021 11/27/21 | For Rent | $2,900 | +52.6% | -- |
| 10/01/2015 10/01/15 | Rented | $1,900 | 0.0% | -- |
| 07/02/2015 07/02/15 | Sold | $472,500 | -- | $229 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $8,846 | $879,800 | $635,000 | $244,800 |
| 2024 | $8,803 | $840,100 | $599,800 | $240,300 |
| 2023 | $8,803 | $786,000 | $551,300 | $234,700 |
| 2022 | $5,708 | $631,800 | $397,200 | $234,600 |
| 2021 | $5,708 | $558,200 | $344,900 | $213,300 |
| 2020 | $7,313 | $538,500 | $344,900 | $193,600 |
| 2019 | $7,313 | $533,000 | $344,900 | $188,100 |
| 2018 | $6,892 | $488,800 | $314,900 | $173,900 |
| 2017 | $6,618 | $486,600 | $314,900 | $171,700 |
| 2016 | $6,329 | $459,600 | $314,900 | $144,700 |
| 2015 | $5,822 | $424,000 | $283,100 | $140,900 |
| 2014 | $5,682 | $423,100 | $283,100 | $140,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jill Stewart
-
C
Buyer's Agent in 2022
Christopher Heine
Sitar Realty Company
-
Katherine Reynolds
Seller's Agent in 2015
Katherine Reynolds
Salt and Cedar Properties, LLC
(908) 244-6891
8 in this area
79 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21514073
APN: 48-00038-0000-00016
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Information is deemed reliable but not guaranteed.
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