$343,000
SOLD SEP 22, 2016

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

1 Bed
1 Bath
535 Sq Ft
$1,090/mo HOA Fee

Recently Sold

$641 Per Sq Ft

54 Days on Market

Highlights

  • Valet Parking
  • Senior Community
  • Waterfront
  • Fitness Center
  • Oceanside
  • Community Center

About This Home

As of September 2016

Live the lifestyle you dreamed of! Spring Lake Oceanfront. This condo is located on the top floor with magnificent North facing views of the Ocean and the coastline. Angled window allows for exceptional views- this is a unique unit. The bedroom has 2 closets and 2 windows for sunrise viewing. A large living room offers an angled ocean facing patio door to view the beautiful surf, boardwalk and sunrises. The E & S is a 55+ oceanfront adult community with hotel style amenities including a doorman, valet parking, fitness center, dining room and common rooms. Dining room fee $225.00

Last Agent to Sell the Property

Doris Baril

Diane Turton, Realtors-Spring Lake License #8639093 Listed on: 06/28/2016

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Louise Decker

Diane Turton, Realtors-Spring Lake License #0788666

Diane Turton, Realtors-Spring Lake

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,146

HOA Fees

  • $1,090 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 535 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Wall to Wall Carpet
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • No Garage
  • Common or Shared Parking
  • Off-Street Parking

Outdoor Features

  • Oceanside
  • Balcony

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Waterfront
  • Upper Level

Listing and Financial Details

  • Exclusions: Personal Possessions

Community Details

Overview

  • Senior Community
  • Association fees include common area, exterior maint, heat, mgmt fees, sewer, snow removal, water
  • 160 Units
  • The Essex&Sussex Subdivision, Top Floor Floorplan
  • On-Site Maintenance

Amenities

  • Valet Parking
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,146

Lot Details

0

HOA Fees

$1,090 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Model: Top Floor
  • Reso Association Amenities: Professional Management, Extra Storage, Common Laundry, Association, Exercise Room, Community Room, Common Area
  • Reso Association Fee Includes: Common Area, Exterior Maint, Heat, Mgmt Fees, Sewer, Snow Removal, Water
  • Inclusions: Blinds/Shades, Microwave
  • Subdivision Name: The Essex&Sussex
  • Architectural Style: Upper Level
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • 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
  • Allowable Pet Size Limit: Yes
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Lot Dimensions: x
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Garage None4: Yes
  • General Property Info # UnitsBldgs: 160.0
  • Common Elements Common Laundry: Yes
  • Parking Valet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Microwave: Yes
  • OtherRoomsOther2: Yes
  • Primary Bedroom:Full Bath: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: Yes
  • Exclusions: Personal Possessions
  • Exterior Features: Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Common, Off Street, Valet, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • GarageParking:Common: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 1090.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Association Fee Includes:Heat: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: x
  • Parcel #: 00

Tax Info

  • Tax Year: 15
  • Tax Annual Amount: 2146.0

Multi Family

  • Number Of Units Total: 160

MLS Schools

  • Elementary School: H. W. Mountz

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
$662,657

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
7.31%

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:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $650,000 First American Title
Deed $343,000 None Available
Deed $426,000 Surety Title Agency Coastal
Bargain Sale Deed $395,000 None Available
Deed -- Commonwealth Land Title Insu
Interfamily Deed Transfer -- Commonwealth Land Title Insu
Deed $380,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $300,000 New Conventional
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
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
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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21625633

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00043-0000-00001-532