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114 Walnut Drive

114 Walnut Drive, Spring Lake, NJ 07762
Sold Nov 13, 2020
$465,000
$372,000 by Vast Bank Na
Mortgage Due Nov 01, 2035
Sold Apr 03, 2018
$470,000
114 Walnut Drive has been categorized by the local assessors in Spring Lake, NJ as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 114 Walnut Drive has 1,347 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,348 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 308 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 114 Walnut Drive was last sold in Oct 15, 2020 for $465,000. According to our calculations, that's $345.21 per sqft. Prior to that sales transaction, the property was sold for $470,000 in Feb 16, 2018. Current property owners are expected to pay $5,873 in taxes per year. The property on 114 Walnut Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $524,400. To break that down further, the land itself was valued at $325,000. While improvements to the property were assessed at a total of $199,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 1,348
  • Total Building Area: 1,347
  • Building Area: 1,347
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,347
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FAIRWAY MEWS
  • Land Acres: 0.031
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: 41.01

Ownership

  • Current Owner : JORDAN ANDREW
  • Current Owner 2: WEBER ALLISON
  • Previous Owner : HOLLAND ENDAMAI MICHELSON
  • Previous Owner 2: HOLLAND ENDA MAI
  • Owner Before Previous Owner: ROTOLO JAMES E
  • Owner Before Previous Owner 2: ROTOLO BONNIE B
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Spring Lake Heights Borough School District
  • Census Tract: 808901

Zoning

  • Zoning: SF40

Geography

  • Account Number: 06870
  • District: 48
  • Parcel: 48 00042- 03-00041
  • Block: 42.03
  • Lot: 41
  • Municipality: SPRING LAKE HEIGHTS BOR
  • Latitude: 40.1573
  • Longitude: -74.0367

    Address

  • Full Address: 114 Walnut Dr
  • Address - House Number: 114
  • Address - Street Name: Walnut
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Spring Lake
  • Carrier Code: C010
  • 4-Digit Zip Code: 2122
  • Zip Code: 07762

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,873

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 657,826
  • High Value: 775,118
  • Low Value: 540,534

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $372,000
  • First Open Lien Mortgage Lender: VAST BANK NA
  • First Open Lien Mortgage Recording Date: Nov 13, 2020
  • First Open Lien Mortgage Loan Amount: $372,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Market Valuation

  • Market Total Value: $524,400
  • Market Land Value: $325,000
  • Market Improvement Value: $199,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $524,400
  • Assessed Land Value: $325,000
  • Assessed Improvements Value: $199,400

    Sales

  • Current Sale Contract Date: Oct 15, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Transaction ID: 11803050666
  • Current Sale Price: $465,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020135728
  • Previous Sale Recording Date: Apr 03, 2018
  • Previous Sale Contract Date: Feb 16, 2018
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: VAST BANK NA
  • First Mortgage Transaction Date: Nov 13, 2020
  • First Mortgage Loan Amount: $372,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2035

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Frequently Asked Questions

What neighborhood is 114 Walnut Drive located in?
The 114 Walnut Drive is a house located in the neighborhood of Spring Lake Heights in Spring Lake Heights, Spring Lake.
What is the average sales price for listings in 114 Walnut Drive?
The average sales price for units in 114 Walnut Drive is $0 currently.

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