7 Ludlow Ave Spring Lake, NJ 07762
Estimated Value: $6,577,135 - $7,518,000
4
Beds
3.5
Baths
2,438
Sq Ft
$2,896/Sq Ft
Est. Value
Highlights
- Ocean View
- 0.52 Acre Lot
- 1 Fireplace
- Oceanside
- Colonial Architecture
- Corner Lot
About This Home
As of November 2020Prime location in Spring Lake! 150 x 150 lot with Oceanviews. 4 bedroom 3.5 bath Colonial with formal dining room large living room and sun porch. One bedroom suite has private entrance. Update existing home or build new on this spectacular location!
Last Agent to Sell the Property
Diane Turton, Realtors-Spring Lake License #9805901 Listed on: 05/17/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,455
Year Built
- Built in 1950
Lot Details
- 0.52 Acre Lot
- Lot Dimensions are 150 x 150
- Fenced
- Corner Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Colonial Architecture
- Shingle Roof
Interior Spaces
- 2-Story Property
- 1 Fireplace
- Ocean Views
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Oceanside
- Patio
Schools
- H. W. Mountz Elementary And Middle School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Personal Items
- Assessor Parcel Number 47-00108-0000-00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2020
Closed on
Nov 23, 2020
Sold by
The Pearce Family Partnership
Bought by
Adragna Nicholas and Adragna Christina
Seller's Agent
Lauren Gill
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Mary Goss
Chris Smith Realty
List Price
$6,495,000
Sold Price
$5,200,000
Premium/Discount to List
-$1,295,000
-19.94%
Total Days on Market
145
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
$1,859,378
Avg. Annual Appreciation
6.93%
Original Mortgage
$2,940,000
Outstanding Balance
$2,609,659
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$4,449,719
Similar Homes in Spring Lake, NJ
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adragna Nicholas | $5,200,000 | Counsellors Title Agency Inc | |
| Adragna Nicholas | $5,200,000 | Counsellors Title | |
| The Pearce Family Partnership | -- | Counsellors Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Adragna Nicholas | $2,940,000 | |
| Closed | Adragna Nicholas | $2,940,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/24/2020 11/24/20 | Sold | $5,200,000 | -12.6% | $2,133 / Sq Ft |
| 10/09/2020 10/09/20 | Pending | -- | -- | -- |
| 08/07/2020 08/07/20 | Price Changed | $5,950,000 | -8.4% | $2,441 / Sq Ft |
| 05/17/2020 05/17/20 | For Sale | $6,495,000 | -- | $2,664 / 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 |
|---|---|---|---|---|
| 2024 | $28,657 | $5,863,500 | $5,812,000 | $51,500 |
| 2023 | $28,657 | $5,697,200 | $5,646,900 | $50,300 |
| 2022 | $25,514 | $5,181,400 | $5,133,500 | $47,900 |
| 2021 | $25,514 | $4,252,300 | $4,209,000 | $43,300 |
| 2020 | $25,750 | $4,166,600 | $4,125,000 | $41,600 |
| 2019 | $25,455 | $4,040,400 | $4,000,000 | $40,400 |
| 2018 | $25,367 | $4,039,400 | $4,000,000 | $39,400 |
| 2017 | $25,274 | $4,037,300 | $4,000,000 | $37,300 |
| 2016 | $20,874 | $3,056,200 | $2,609,800 | $446,400 |
| 2015 | $21,332 | $3,056,200 | $2,609,800 | $446,400 |
| 2014 | $20,966 | $3,056,200 | $2,609,800 | $446,400 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Gill
Seller's Agent in 2020
Lauren Gill
Diane Turton, Realtors-Spring Lake
(732) 996-4865
6 in this area
98 Total Sales
-
Mary Goss
Buyer's Agent in 2020
Mary Goss
Chris Smith Realty
(732) 610-1477
4 in this area
31 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22015425
APN: 47-00108-0000-00007
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