NOT LISTED FOR SALE

605 Ocean Rd Unit A Spring Lake, NJ 07762

Estimated Value: $418,000 - $640,000

2 Beds
1 Bath
600 Sq Ft
$83/mo HOA Fee

Last Sold December 19, 2017

Last sale price $240,000 $400 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,380/month

43 Days on Market

Highlights

  • Eat-In Kitchen
  • Outdoor Shower
  • Forced Air Heating and Cooling System
  • Patio
  • Ceramic Tile Flooring
  • Family Room

About This Home

As of December 2017

Fabulous beach cottage east of Hwy. 71 close to Spring Lake beaches and Wreck Pond. Condo has 2 bedrooms, 1 full bath, eat-in kitchen and family room. The front patio area is ideal for relaxing after a day at the beach! There is a parking space, an outdoor shower and a shared outdoor space. This interior unit has central air and is close to beach, boardwalk, eateries and shopping. Move in ready!!

Last Agent to Sell the Property

Kerri Schanen

Diane Turton, Realtors-Spring Lake Listed on: 09/11/2017

Last Buyer's Agent

Kerri Schanen

Ward Wight Sotheby's International Realty License #0678224

Ward Wight Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,838

Year Built

  • Built in 1951

Lot Details

  • 523

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Patio

Schools

  • Spring Lake Heights Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 48-00020-0000-00023-05

Community Details

Overview

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

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,838

Year Built

Built in 1951

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Association, Common Area
  • Reso Association Fee Includes: Common Area, Lawn Maintenance
  • Inclusions: Dishwasher, Electric Cooking, Refrigerator
  • Subdivision Name: None
  • Architectural Style: One Level Unit, Detached
  • Reso Flooring: Ceramic Tile
  • Year Built: 1951
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Fee Includes Common Area2: Yes
  • General Property Info Farm: No
  • Location Middle School: Spring Lake Heights
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Included Electric Cooking: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Eat-In: Yes
  • Style Detached2: Yes
  • ExteriorOutdoorShower: Yes
  • Foyer Floor - Ceramic: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Outdoor Shower, Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Parcel #: 48-00020-0000-00023-05
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2838.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Dec 15, 2017
Sold by
Gordon John and Gordon Jessica
Bought by
Mccormack Justin
Seller's Agent
Kerri Schanen
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Kerri Schanen
Ward Wight Sotheby's International Realty
Sold Price
$240,000
Current Estimated Value
$561,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,361
Avg. Annual Appreciation
11.25%
Original Mortgage
$190,000
Outstanding Balance
$159,881
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$401,480

Purchase Details

Listed on
Apr 18, 2015
Closed on
Oct 22, 2015
Sold by
Caulfield Martin and Caulfield Theresa
Bought by
Gordon John and Gordon Jessica
Seller's Agent
Christopher Heine
Ward Wight Sotheby's International Realty
Buyer's Agent
Kerri Schanen
Ward Wight Sotheby's International Realty
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$153,750
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Peronti Maryann
Bought by
Cullinan Theresa and Cullinan Martin

Purchase Details

Closed on
Jan 10, 2002
Sold by
Brennan John
Bought by
Peronti Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccormack Justin $240,000 --
Gordon John $205,000 Attorney
Cullinan Theresa $247,000 --
Peronti Mary $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormack Justin $190,000
Previous Owner Gordon John $153,750
Previous Owner Peronti Mary $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2017 12/19/17 Sold $240,000 +17.1% $400 / Sq Ft
10/30/2015 10/30/15 Sold $205,000 0.0% $342 / Sq Ft View Prior Sale
11/01/2014 11/01/14 Rented $900 -- --
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 $4,139 $433,000 $380,500 $52,500
2024 $4,023 $393,100 $337,000 $56,100
2023 $4,023 $359,200 $300,000 $59,200
2022 $3,206 $275,700 $205,000 $70,700
2021 $3,206 $237,500 $165,000 $72,500
2020 $3,134 $230,800 $165,000 $65,800
2019 $3,058 $222,900 $165,000 $57,900
2018 $2,900 $205,700 $155,000 $50,700
2017 $2,789 $205,100 $155,000 $50,100
2016 $2,838 $206,100 $155,000 $51,100
2015 $2,812 $204,800 $155,000 $49,800
2014 $3,014 $224,400 $175,000 $49,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kerri Schanen

    Diane Turton, Realtors-Spring Lake

  • Christopher Heine

    Seller's Agent in 2015

    Christopher Heine

    Ward Wight Sotheby's International Realty

    (732) 804-5755

    4 in this area

    40 Total Sales

    Christopher Heine
    Section Image

  • E

    Buyer's Agent in 2014

    Erin Kavanaugh

    The Mary Holder Agency

  • M

    Buyer Co-Listing Agent in 2014

    Maureen Gilroy

    Ward Wight Sotheby's International Realty

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21735593

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00020-0000-00023-05

New Jersey Monmouth County Spring Lake 07762

605 Ocean Rd Unit A, Spring Lake, NJ

Not Listed for Sale

Condos

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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