NOT LISTED FOR SALE

700 N Ocean Ave Unit 303 Spring Lake, NJ 07762

Estimated Value: $434,000 - $547,000

1 Bed
1 Bath
461 Sq Ft
$750/mo HOA Fee

Last Sold June 16, 2022

Last sale price $350,000 $759 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,597/month

41 Days on Market

Highlights

  • Water Views
  • Balcony
  • Outdoor Shower
  • Active Adult
  • Handicap Accessible
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

''The E&S Club'': Country-club life-syle w/ the finest amenities. Amazing location, superior value, exquisite details make the ESSEX & SUSSEX the #1 place to live along the shore. Perfect for 55+ homebuyers expecting impeccable services, views and sea breezes with Spring Lake beach across the street providing ultimate services: valet parking, 24 hr. concierge, fine dining, cocktail lounge, premier fitness , elevators, beach services. Your 1 bedroom condo offers sunshine filled living rm., kitchenette, luxury marble bath, lovely lake views/the renowned St. Catherine's, and large balcony. Plenty of natural light spilling into your home. New HVAC ($6K). And affordable: Monthly fees include maintenance, and all utils./cable. Mins to GSP, Wall Twp Airport, SL Train to NYC.

Last Agent to Sell the Property

Patricia Mayer

Diane Turton, Realtors-Sea Girt License #0455319 Listed on: 04/16/2022

Diane Turton, Realtors-Sea Girt

Last Buyer's Agent

Mary Goss

Chris Smith Realty License #0448495

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 2002

Lot Details

  • 174

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Pitched Roof

Interior Spaces

  • 461 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Window Treatments
  • Water Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • No Garage
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Exterior Lighting

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Active Adult
  • High-Rise Condominium
  • The Essex&Sussex Subdivision

Listing and Financial Details

  • Exclusions: Personal Belongings.
  • Assessor Parcel Number 47-00043-0000-00001-303

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,051

Year Built

Built in 2002

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Inclusions: Window Treatments, Light Fixtures
  • Subdivision Name: The Essex&Sussex
  • Architectural Style: High Rise, Condo
  • Year Built: 2002
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: Yes
  • Included Light Fixtures: Yes
  • Included Window Treatments: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior Handicap Acc: Yes
  • Roof Sloping: Yes
  • Style High Rise: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Sloping
  • Waterfront: No
  • Exclusions: Personal Belongings.
  • Exterior Features: Balcony, Outdoor Shower, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Asphalt, Assigned, Off Street, On Street
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • Parking:On Street: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 750.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Parcel #: 47-00043-0000-00001-303
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2051.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2022
Closed on
Jun 14, 2022
Sold by
Marie Debonis Rose
Bought by
Otto Glenn and Otto Leslie
Seller's Agent
Patricia Mayer
Diane Turton, Realtors-Sea Girt
Buyer's Agent
Mary Goss
Chris Smith Realty
List Price
$398,000
Sold Price
$350,000
Premium/Discount to List
-$48,000
-12.06%
Current Estimated Value
$504,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,599
Avg. Annual Appreciation
11.72%

Purchase Details

Closed on
Feb 13, 2018
Sold by
Rose Marie Debonis
Bought by
Debonis Rose Marie
Source: Public Records

Range of Values:

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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
Otto Glenn $350,000 Surety Title
Otto Glenn $350,000 Surety Title
Debonis Rose Marie -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $350,000 -10.0% $759 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/09/2022 05/09/22 Price Changed $389,000 -2.3% $844 / Sq Ft
04/16/2022 04/16/22 For Sale $398,000 -- $863 / 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 $2,057 $449,700 $358,900 $90,800
2024 $1,772 $420,600 $336,100 $84,500
2023 $1,772 $352,200 $269,700 $82,500
2022 $2,051 $363,300 $256,800 $106,500
2021 $2,051 $341,800 $244,300 $97,500
2020 $1,940 $313,900 $219,000 $94,900
2019 $1,974 $313,400 $219,000 $94,400
2018 $1,968 $313,300 $219,000 $94,300
2017 $1,929 $308,200 $219,000 $89,200
2016 $1,539 $225,400 $168,400 $57,000
2015 $1,520 $217,700 $160,700 $57,000
2014 $1,186 $172,900 $115,900 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22211001

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00043-0000-00001-303