NOT LISTED FOR SALE

101 Elizabeth Ave Lavallette, NJ 08735

Estimated Value: $1,045,000 - $1,394,000

3 Beds
1 Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold October 29, 2020

Last sale price $707,000

Est. 71% increase in value since last sale

Current estimated payment $7,069/month

85 Days on Market

Highlights

  • New Kitchen
  • No HOA
  • Air Conditioning
  • Cape Cod Architecture
  • Porch
  • 2-minute walk to Boro Ball Field

About This Home

As of October 2020

Here is your chance to get in Lavallette for an affordable price! This well cared for cape features, 2 bedrooms downstairs, updated full bath, living room, updated kitchen, rear sun room, all with maintenance free tile flooring. Large second level loft area can accommodate several guests. Huge backyard for entertaining, ample parking, rear deck, open front porch & outdoor shower make this a perfect beach house. Property also has a terrific rental history.

Last Agent to Sell the Property

Matthew Schlosser

Schlosser Real Estate, Inc. License #0017216 Listed on: 07/08/2020

Last Buyer's Agent

Matthew DeMichele

Childers Sotheby's Intl Realty License #1431330

Childers Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,744

Lot Details

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

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceramic Tile Flooring
  • Crawl Space

Kitchen

  • New Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-00048-01-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,744

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: AC Units, Washer, Dishwasher, Dryer, Microwave, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Flooring: Tile
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • 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
  • Kitchen Newer: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Number Appliances Included A C Units: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Style Cape: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • Living Room Floor - Ceramic2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 16-00048-01-00006
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4744.0

MLS Schools

  • Elementary School: Lavallette
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Oct 28, 2020
Sold by
Cinelli Glen
Bought by
Karaty Steven and Karaty Laura
Seller's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Matthew DeMichele
Childers Sotheby's Intl Realty
List Price
$769,000
Sold Price
$707,000
Premium/Discount to List
-$62,000
-8.06%
Current Estimated Value
$1,207,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,706
Avg. Annual Appreciation
11.48%
Original Mortgage
$450,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2016
Closed on
Dec 2, 2016
Sold by
Ruschmann James E
Bought by
Cinelli Glen
Seller's Agent
Andrea Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
Sold Price
$512,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
May 29, 2008
Sold by
Ruschmann Vivian P
Bought by
Ruschmann Vivian P
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 Buyer Sale Price Title Company
Karaty Steven $707,000 None Available
Cinelli Glen $512,000 Old Republic Natl Title
Ruschmann Vivian P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karaty Steven $450,000
Closed Karaty Steven $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $707,000 -3.0% --
10/01/2020 10/01/20 Pending -- -- --
09/01/2020 09/01/20 Price Changed $729,000 -2.7% --
08/17/2020 08/17/20 Price Changed $749,000 -2.6% --
07/08/2020 07/08/20 For Sale $769,000 +50.2% --
12/02/2016 12/02/16 Sold $512,000 -- --
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 $5,466 $595,400 $450,000 $145,400
2023 $5,085 $595,400 $450,000 $145,400
2022 $5,085 $595,400 $450,000 $145,400
2021 $4,918 $595,400 $450,000 $145,400
2020 $4,780 $582,200 $450,000 $132,200
2019 $4,744 $484,600 $400,000 $84,600
2018 $4,705 $484,600 $400,000 $84,600
2017 $4,754 $484,600 $400,000 $84,600
2016 $4,599 $484,600 $400,000 $84,600
2015 $4,502 $459,200 $400,000 $59,200
2014 $4,284 $459,200 $400,000 $59,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22022578

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00048-01-00006