NOT LISTED FOR SALE

Estimated Value: $544,000 - $630,000

2 Beds
1 Bath
520 Sq Ft
$1,141/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $560,000 $1,077 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,837/month

24 Days on Market

About This Home

As of January 2024

The charming home at 104 W. Penguin, Lavallette, NJ, nestled in the Ocean Beach beach community, offers a delightful coastal living experience. Notably, this property is a gem as you OWN the land. It boasts a convenient outdoor space with a retractable awning to provide shade on sunny days. The spacious outdoor deck is perfect for enjoying the ocean breeze and al fresco dining. The trees ensure privacy and a serene atmosphere. Inside, the home features vaulted ceiling in the living room, two cozy bedrooms and a generously sized full bath complete with a full-size washer and dryer and a FULL tub providing utmost convenience. The driveway fits two cars. Lavallette, NJ, is renowned for its pristine beaches, welcoming community, and recreational activities like fishing, boating, and water sports. Living in Lavallette, you can relish the vibrant beach town atmosphere, with easy access to beautiful beaches, a lively boardwalk, and an array of recreational activities, making it an ideal destination for those seeking a quintessential Jersey Shore lifestyle.

Last Agent to Sell the Property

Susanna Philippoussis

BHHS Fox & Roach-Vineland License #450943 Listed on: 11/07/2023

BHHS Fox & Roach-Vineland

Last Buyer's Agent

Susanna Philippoussis

BHHS Fox & Roach-Vineland License #450943 Listed on: 11/07/2023

BHHS Fox & Roach-Vineland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,338

Year Built

  • Built in 1952

Lot Details

  • 1,599 Sq Ft Lot
  • Lot Dimensions are 50.00 x 32.00
  • Property is zoned RB1

HOA Fees

  • $61 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 520 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Ocean Beach Shores Subdivision

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 08-01109 13-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,338

Year Built

Built in 1952

Lot Details

0

HOA Fees

$61 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1952
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 520
  • Living Area Sq Ft: 520
  • Price Per Sq Ft: 1145.96
  • Above Grade Finished Sq Ft: 520
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 104

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 736.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 50.00 x 32.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1599.00
  • Year Assessed: 2022
  • Zoning: RB1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5338.00
  • Assessor Parcel Number: 08-01109 13-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 520
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/31/2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jan 29, 2024
Sold by
Lancaster Kathryn
Bought by
104 Penguin Llc
Seller's Agent
Susanna Philippoussis
BHHS Fox & Roach-Vineland
Buyer's Agent
Susanna Philippoussis
BHHS Fox & Roach-Vineland
List Price
$595,900
Sold Price
$560,000
Premium/Discount to List
-$35,900
-6.02%
Views
161
Current Estimated Value
$593,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,262
Avg. Annual Appreciation
6.47%
Original Mortgage
$360,000
Outstanding Balance
$355,377
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$255,210

Purchase Details

Closed on
Jan 14, 2022
Sold by
Kathryn Lancaster
Bought by
Lancaster Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,400
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2013
Sold by
Buskirk Paul Joseph Van and Buskirk Norman Robert Van
Bought by
Baun Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
104 Penguin Llc $560,000 Stewart Title
Lancaster Kathryn -- Servicelink
Baun Kathryn $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 104 Penguin Llc $360,000
Previous Owner Lancaster Kathryn $209,400
Previous Owner Baun Kathryn $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $560,000 -6.0% $1,077 / Sq Ft
11/07/2023 11/07/23 For Sale $595,900 -- $1,146 / Sq Ft
Source: Bright MLS

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 $5,537 $319,900 $252,000 $67,900
2023 $5,339 $319,900 $252,000 $67,900
2022 $5,339 $319,900 $252,000 $67,900
2021 $4,642 $185,300 $146,600 $38,700
2020 $4,621 $185,300 $146,600 $38,700
2019 $4,421 $185,300 $146,600 $38,700
2018 $4,362 $185,300 $146,600 $38,700
2017 $4,325 $185,300 $146,600 $38,700
2016 $4,212 $185,300 $146,600 $38,700
2015 $4,053 $185,300 $146,600 $38,700
2014 $3,858 $185,300 $146,600 $38,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2022260

Bright MLS

APN: 08-01109-13-00006