NOT LISTED FOR SALE

The Essex and Sussex 700 Ocean Ave Unit 532 Spring Lake, NJ 07762

Estimated Value: $581,000 - $713,000

1 Bed
1 Bath
535 Sq Ft
$1,199/Sq Ft Est. Value

Last Sold September 22, 2016

Last sale price $343,000 $641 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,778/month

About This Home

As of September 2016

This is your opportunity to rent at the beautiful Essex and Sussex and enjoy the lifestyle offered here. This fifth floor one bedroom unit offers north-facing ocean views. The roomy deck is the perfect spot to watch the waves. Freshly painted, this spotless unit is ready for immediate occupancy. Tenant pays the $420 monthly food minimum. The public spaces include a gracious dining room, bar, billiard room, library, card room, a gym and much more.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
88 Tryon Llc
Bought by
Rcm Spring Lake Llc
Current Estimated Value
$641,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2016
Closed on
Sep 13, 2016
Sold by
Zaccagnino Bruce and Zaccagnino Joyce
Bought by
88 Tryon Llc
Seller's Agent
Louise Decker
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Linda Muller
Burgdorff ERA Hillsdale
Sold Price
$25,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%

Purchase Details

Listed on
Jul 15, 2015
Closed on
Sep 12, 2015
Sold by
Kleitsch Henry and Kleitsch Cathy
Bought by
Zaccagnino Bruce and Zaccagnino Joyce
Seller's Agent
Cindy Napp
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Doris Baril
Diane Turton, Realtors-Essex & Sussex
Sold Price
$426,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.14%

Purchase Details

Listed on
Sep 10, 2013
Closed on
Sep 28, 2013
Sold by
Mindnich Peter
Bought by
Kleitsch Jennifer and Kleitsch Gregory
Seller's Agent
Linda Muller
Coldwell Banker Res. Brokerage
Buyer's Agent
Cindy Napp
Laurie Koziol Real Estate Inc
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%

Purchase Details

Closed on
Oct 23, 2010
Sold by
Mims Jean Boyd
Bought by
Mindnich Peter and Mindnich Robin

Purchase Details

Closed on
Dec 12, 2009
Sold by
Mindnich Peter and Mindnich Robin
Bought by
Mindnich Peter and Mindnich Robin

Purchase Details

Closed on
Sep 19, 2008
Sold by
Gifford Thomas S and Lavance David R
Bought by
Mindnich Peter and Mindnich Robin
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rcm Spring Lake Llc $650,000 First American Title
88 Tryon Llc $343,000 None Available
Zaccagnino Bruce $426,000 Surety Title Agency Coastal
Kleitsch Jennifer $395,000 None Available
Mindnich Peter -- Commonwealth Land Title Insu
Mindnich Peter -- Commonwealth Land Title Insu
Mindnich Peter $380,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rcm Spring Lake Llc $300,000
Closed Rcm Spring Lake Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Rented $38,400 +1100.0% --
05/15/2023 05/15/23 For Rent $3,200 -91.1% --
05/04/2021 05/04/21 Rented $36,000 +1340.0% --
04/23/2021 04/23/21 For Rent $2,500 -90.9% --
10/24/2020 10/24/20 Rented $27,600 +1100.0% --
10/20/2020 10/20/20 Under Contract -- -- --
09/12/2020 09/12/20 Price Changed $2,300 -8.0% $4 / Sq Ft
08/11/2020 08/11/20 For Rent $2,500 -90.1% --
09/30/2016 09/30/16 Rented $25,200 0.0% --
09/22/2016 09/22/16 Sold $343,000 -19.5% $641 / Sq Ft
09/15/2015 09/15/15 Sold $426,000 +7.8% $796 / Sq Ft
10/04/2013 10/04/13 Sold $395,000 -- $738 / Sq Ft

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
2024 $2,351 $588,300 $449,400 $138,900
2023 $2,351 $467,400 $348,300 $119,100
2022 $2,605 $446,500 $331,700 $114,800
2021 $2,495 $434,200 $329,000 $105,200
2020 $2,451 $396,600 $294,300 $102,300
2019 $2,495 $396,100 $294,300 $101,800
2018 $2,487 $396,000 $294,300 $101,700
2017 $2,310 $369,000 $272,900 $96,100
2016 $2,798 $409,700 $343,600 $66,100
2015 $2,146 $307,500 $241,400 $66,100
2014 $1,651 $240,700 $174,600 $66,100
Source: Public Records

Agents Affiliated with this Home

  • Bonnie O'Malley

    Seller's Agent in 2023

    Bonnie O'Malley

    Bonnie O' Malley Realtor

    (732) 996-7649

    7 in this area

    23 Total Sales

    Bonnie O'Malley
    Section Image

  • E

    Buyer's Agent in 2023

    Eileen Hall

    Bonnie O' Malley Realtor

    (732) 449-2424

    1 in this area

    9 Total Sales

    Eileen Hall
    Section Image

  • L

    Seller's Agent in 2021

    Louise Decker

    Diane Turton, Realtors-Spring Lake

    (732) 449-4441

    3 in this area

    25 Total Sales

    Louise Decker
    Section Image
  • Jane Imburgia

    Buyer's Agent in 2021

    Jane Imburgia

    Corcoran Baer & McIntosh

    (732) 581-2492

    22 Total Sales

    Jane Imburgia
    Section Image
  • Doris Baril

    Seller's Agent in 2016

    Doris Baril

    Diane Turton, Realtors-Spring Lake

    (732) 995-3088

    3 in this area

    25 Total Sales

    Doris Baril
    Section Image

  • L

    Buyer's Agent in 2016

    Linda Muller

    Burgdorff ERA Hillsdale

See All Agents

About The Essex and Sussex

Map

New Jersey Monmouth County Spring Lake 07762

700 Ocean Ave Unit 532, Spring Lake, NJ

This home is located at 700 Ocean Ave Unit 532, Spring Lake, NJ 07762 and is currently estimated at $641,285, approximately $1,198 per square foot. 700 Ocean Ave Unit 532 is a home located in Monmouth County with nearby schools including St. Catharine School.

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.

Nearby Homes