The Essex and Sussex 700 Ocean Ave Unit 531 Spring Lake, NJ 07762
Estimated Value: $535,000 - $593,000
1
Bed
1
Bath
423
Sq Ft
$1,135/mo
HOA Fee
Highlights
- Ocean View
- Senior Community
- New Kitchen
- Fitness Center
- Oceanside
- Marble Flooring
About This Home
As of August 2023Enjoy breathtaking views of the southern shoreline and the serene lake in Spring Lake from this Top-Floor 1-bedroom, 1-bathroom condo. This condo was renovated and elegantly designed for airy coastal living providing a carefree opportunity to experience the beauty and tranquility of this picturesque coastal town. All the furniture is included. Incredible amenities of this oceanfront community include 24-hour security & concierge service, a cafe that serves coffee in the morning, a full gym, internet lounge, billiards room, chest & bridge rooms, a restaurant & bar, chairs and umbrellas for the beach, a solarium with spectacular views of the ocean, and a very elegant lobby with valet service. Convenient access to the beach & boardwalk. Come see for yourself the enjoyable lifestyle!
Last Agent to Sell the Property
Keller Williams Realty Spring Lake License #9702165 Listed on: 07/06/2023
Last Buyer's Agent
Leslie Mayer
The Mary Holder Agency
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,636
Year Built
- Built in 2002
Lot Details
- Landscaped
HOA Fees
- $1,135 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Stone Siding
- Synthetic Stucco Exterior
Interior Spaces
- 423 Sq Ft Home
- 1-Story Property
- Built-In Features
- Crown Molding
- Recessed Lighting
- Light Fixtures
- Blinds
Kitchen
- New Kitchen
- Eat-In Kitchen
- Microwave
- Quartz Countertops
Flooring
- Wall to Wall Carpet
- Marble
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Primary Bathroom Bathtub Only
Parking
- 1 Parking Space
- No Garage
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Oceanside
- Balcony
- Exterior Lighting
Schools
- H. W. Mountz Elementary And Middle School
- Manasquan High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 47-00043-0000-00001-531
Community Details
Overview
- Senior Community
- Association fees include trash, electricity, common area, exterior maint, heat, mgmt fees, rec facility, sewer, snow removal, water
- 162 Units
- High-Rise Condominium
- The Essex&Sussex Subdivision
- On-Site Maintenance
Amenities
- Common Area
- Community Center
- Recreation Room
- Laundry Facilities
Recreation
- Snow Removal
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2018
Closed on
Sep 28, 2018
Sold by
Zenaida Samaniegd Emilic and Zenaida Samaniegd
Bought by
Dmb Seaside Llc
Seller's Agent
Linda Muller
Coldwell Banker Res. Brokerage
Buyer's Agent
Patricia Brady
Gloria Nilson & Co. Real Estate
Sold Price
$255,000
Total Days on Market
21
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
$312,687
Avg. Annual Appreciation
12.65%
Similar Homes in Spring Lake, NJ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dmb Seaside Llc | $255,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Samaniego Zenaida M | $50,000 | |
| Previous Owner | Samaniego Zenaida | $205,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2023 08/18/23 | Sold | $530,000 | -6.2% | $1,253 / Sq Ft |
| 07/27/2023 07/27/23 | Pending | -- | -- | -- |
| 07/06/2023 07/06/23 | For Sale | $565,000 | +121.6% | $1,336 / Sq Ft |
| 09/28/2018 09/28/18 | Sold | $255,000 | 0.0% | $603 / Sq Ft |
| 03/27/2018 03/27/18 | Rented | $1,675 | +1.5% | -- |
| 10/11/2012 10/11/12 | Rented | $1,650 | -- | -- |
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 | $1,664 | $479,600 | $355,300 | $124,300 |
| 2023 | $1,664 | $330,900 | $275,400 | $55,500 |
| 2022 | $1,861 | $316,400 | $262,300 | $54,100 |
| 2021 | $1,861 | $310,100 | $260,100 | $50,000 |
| 2020 | $1,735 | $280,800 | $232,700 | $48,100 |
| 2019 | $2,015 | $319,900 | $232,700 | $87,200 |
| 2018 | $2,008 | $319,800 | $232,700 | $87,100 |
| 2017 | $1,865 | $298,000 | $215,700 | $82,300 |
| 2016 | $1,864 | $272,900 | $221,600 | $51,300 |
| 2015 | $1,835 | $262,900 | $211,600 | $51,300 |
| 2014 | $1,305 | $190,300 | $139,000 | $51,300 |
Source: Public Records
Agents Affiliated with this Home
-
Megan Schnurr
Seller's Agent in 2023
Megan Schnurr
Keller Williams Realty Spring Lake
(732) 221-5673
7 in this area
100 Total Sales
-
L
Buyer's Agent in 2023
Leslie Mayer
The Mary Holder Agency
-
Seller's Agent in 2018
Linda Muller
Coldwell Banker Res. Brokerage
(201) 264-7880
5 in this area
6 Total Sales
-
Buyer's Agent in 2018
Patricia Brady
BHHS Fox & Roach
(732) 684-3766
6 in this area
183 Total Sales
-
M
Buyer's Agent in 2012
Mary Fox
Mack Morris Thomas Realtors
About The Essex and Sussex
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22318354
APN: 47-00043-0000-00001-531
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