NOT LISTED FOR SALE

705 5th Ave Spring Lake, NJ 07762

Estimated Value: $1,965,000 - $2,545,785

3 Beds
2 Baths
1,209 Sq Ft
$1,802/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $1,276,000 $1,055 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $12,250/month

10 Days on Market

Highlights

  • Bay View
  • Colonial Architecture
  • Wood Flooring
  • New Kitchen
  • Deck
  • Granite Countertops

About This Home

As of August 2020

Offer in acceptance.
Seaside vintage colonial completely transformed! Original charm enhanced by the completion of a fully renovated kitchen with custom backsplash, honed granite counters & SS appliances. Built in bench seating added. Custom woodworking including moldings and door openings enlarged. Roof, CAC, furnace and tankless HWH in 2014. Two fully remodeled baths. All new windows, ceilings and doors! Hardwood floors on 3 levels. Gas fireplace added for cozy winter weekends. 3rd level renovated with custom doors to eave storage. Brazilian Ipe front porch, rear deck with motorized awning, new outdoor shower and professionally landscaped lot. Walk to train. 5 blocks to the beach! Includes home warranty.

Last Agent to Sell the Property

Joan Brady

Berkshire Hathaway HomeServices Fox & Roach - Basking Ridge License #1005489 Listed on: 07/08/2020

Berkshire Hathaway HomeServices Fox & Roach - Basking Ridge

Last Buyer's Agent

Eileen Cowley

Berkshire Hathaway HomeServices Signature Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,995

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 1 Car Detached Garage
  • Driveway with Pavers
  • Paver Block

Home Design

  • Colonial Architecture
  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • Insulated Windows
  • Bay Window
  • Living Room
  • Dining Room
  • Bay Views
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Schools

  • H. W. Mountz Elementary And Middle School
  • Manasquan High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00048-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,995

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Stove, Refrigerator, Awnings
  • Subdivision Name: None
  • Architectural Style: Detached, Shore Colonial, Colonial
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Attic - Walk Up, Bay/Bow Window, Dec Molding
  • ResoWindowFeatures: Insulated Windows
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Fireplace - Gas7: Yes
  • Interior BayBow Window: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Parking Paver Block: Yes
  • Floors Tile: Yes
  • Interior Attic - Walk Up: Yes
  • Dining Room BayBow Window3: Yes
  • Included Awnings: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exterior Features: Deck, Outdoor Shower, Porch - Open
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paver Block, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: 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

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 47-00048-0000-00003
  • Zoning Description: Residential

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4995.0

MLS Schools

  • Elementary School: H. W. Mountz
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Sep 18, 2020
Sold by
Frates Joseph H and Frates Catherine E
Bought by
Natelson Eric M and Natelson Kelly Shemming
Seller's Agent
Joan Brady
Berkshire Hathaway HomeServices Fox & Roach - Basking Ridge
Buyer's Agent
Eileen Cowley
Berkshire Hathaway HomeServices Signature Properties
List Price
$1,225,000
Sold Price
$1,276,000
Premium/Discount to List
$51,000
4.16%
Current Estimated Value
$2,178,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$902,446
Avg. Annual Appreciation
10.41%
Original Mortgage
$957,000
Outstanding Balance
$849,274
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,329,172

Purchase Details

Listed on
Jul 8, 2020
Closed on
Aug 26, 2020
Sold by
Frates Joseph H and Frates Catherine E
Bought by
Natelson Eric M and Natelson Kelly Shemming
Seller's Agent
Joan Brady
Berkshire Hathaway HomeServices Fox & Roach - Basking Ridge
Buyer's Agent
Eileen Cowley
Berkshire Hathaway HomeServices Signature Properties
List Price
$1,225,000
Sold Price
$1,276,000
Premium/Discount to List
$51,000
4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$957,000
Outstanding Balance
$849,274
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,329,172

Purchase Details

Closed on
Jul 5, 2016
Sold by
Anne M Briscoe
Bought by
Frates Joseph and Frates Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Natelson Eric M $1,276,000 Sterling Title Agency Llc
Natelson Eric M $1,276,000 Sterling Title
Frates Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Natelson Eric M $957,000
Closed Natelson Eric M $957,000
Previous Owner Frates Joseph $500,000
Previous Owner Frates Joseph --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $1,276,000 +4.2% $1,055 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $1,225,000 -- $1,013 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $8,266 $1,763,500 $1,136,500 $627,000
2024 $7,639 $1,690,400 $1,107,000 $583,400
2023 $7,639 $1,518,700 $948,900 $569,800
2022 $7,518 $1,463,700 $921,200 $542,500
2021 $7,518 $1,253,000 $762,300 $490,700
2020 $5,040 $815,600 $665,300 $150,300
2019 $4,995 $792,800 $646,800 $146,000
2018 $4,957 $789,300 $646,800 $142,500
2017 $4,892 $781,500 $646,800 $134,700
2016 $5,640 $825,800 $795,300 $30,500
2015 $5,616 $804,600 $774,100 $30,500
2014 $5,351 $780,000 $749,500 $30,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joan Brady

    Berkshire Hathaway HomeServices Fox & Roach - Basking Ridge

    (908) 304-4331

    33 Total Sales

    Joan Brady
    Section Image

  • E

    Buyer's Agent in 2020

    Eileen Cowley

    Berkshire Hathaway HomeServices Signature Properties

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22022693

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00048-0000-00003

New Jersey Monmouth County Spring Lake 07762

705 5th Ave, Spring Lake, NJ

Not Listed for Sale

Detached

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