NOT LISTED FOR SALE

707 5th Ave Spring Lake, NJ 07762

Estimated Value: $1,936,000 - $2,359,675

3 Beds
1.5 Baths
2,072 Sq Ft
$989/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2019

Last sale price $1,060,000 $512 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $11,650 / mo

16 Days on Market

Highlights

  • Dutch Colonial Architecture
  • No HOA
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • Oversized Parking

About This Home

As of November 2019

House and garage apartment in Spring Lake. Apartment currently rented month to month. Separate gas and electric. One car Garage next to apartment.

Last Agent to Sell the Property

Walter MacGowan

The MacGowan Agency, Inc. License #7854675 Listed on: 09/01/2019

Last Buyer's Agent

Jacob Smith

Ward Wight Sotheby's International Realty License #0560385

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,654

Year Built

  • Built in 1930

Lot Details

  • 5,009

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Parking Available
  • Driveway

Home Design

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

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 50 x 100

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00048-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,654

Year Built

Built in 1930

Lot Details

5,009 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: AC Units, Dishwasher, Dryer, Fireplace Equipment
  • Subdivision Name: None
  • Architectural Style: Dutch Colonial, Detached, Shore Colonial, Cottage/Bungalow, 2 Story
  • Reso Flooring: Wood
  • Reso Interior Features: Attic - Walk Up
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Number Appliances Included A C Units: Yes
  • Foyer Floor - Wood: Yes
  • Parking Concrete: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Garage Oversized: Yes
  • Style Shore Colonial: Yes
  • Interior Attic - Walk Up: Yes
  • Style CottageBungalow: Yes
  • Style Dutch Colonial: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Porch - Open
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • 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
  • Parcel #: 47-00048-0000-00004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5654.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2019
Closed on
Dec 16, 2019
Sold by
Bought by
Seller's Agent
Walter MacGowan
The MacGowan Agency, Inc.
Buyer's Agent
Jacob Smith
Ward Wight Sotheby's International Realty
Sold Price
$1,060,000
Current Estimated Value
$2,048,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$988,419
Avg. Annual Appreciation
10.46%
Original Mortgage
$726,525
Outstanding Balance
$640,536
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,407,883

Purchase Details

Closed on
Jul 30, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.55%

Purchase Details

Closed on
Jan 12, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.16%

Purchase Details

Closed on
Dec 21, 1959
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,060,000 Trident Abstract Ttl Agcy Ll
$320,000 --
$275,000 --
$330,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $726,525
Previous Owner $200,000
Previous Owner $70,000
Previous Owner $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $1,060,000 0.0% $512 / Sq Ft
12/01/2017 12/01/17 Rented $1,200 0.0% --
04/10/2015 04/10/15 Rented $1,200 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,030 $1,492,000 $1,136,500 $355,500
2024 $6,398 $1,437,700 $1,107,000 $330,700
2023 $6,398 $1,271,900 $948,900 $323,000
2022 $6,243 $1,228,700 $921,200 $307,500
2021 $6,243 $1,040,500 $762,300 $278,200
2020 $5,764 $932,700 $665,300 $267,400
2019 $5,711 $906,500 $646,800 $259,700
2018 $5,654 $900,300 $646,800 $253,500
2017 $5,549 $886,400 $646,800 $239,600
2016 $6,822 $998,800 $795,300 $203,500
2015 $6,824 $977,600 $774,100 $203,500
2014 $6,538 $953,000 $749,500 $203,500
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    Walter MacGowan

    The MacGowan Agency, Inc.

    (732) 245-7327

    6 Total Sales

    Walter MacGowan
    Section Image
  • Jacob Smith

    Buyer's Agent in 2019

    Jacob Smith

    Ward Wight Sotheby's International Realty

    (732) 567-0162

    122 Total Sales

    Jacob Smith
    Section Image

  • L

    Buyer's Agent in 2017

    Lainey Keane

    Diane Turton, Realtors-Sea Girt

  • A

    Seller's Agent in 2015

    Ann Gardella

    The MacGowan Agency, Inc.

  • Barbara DiLea

    Buyer's Agent in 2015

    Barbara DiLea

    D'Amico & McConnell Realtors

    (732) 859-6706

    2 Total Sales

    Barbara DiLea
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21935881

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00048-0000-00004

New Jersey Monmouth County Spring Lake 07762

707 5th Ave, Spring Lake, NJ

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.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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