NOT LISTED FOR SALE

105 W Cove Way Lavallette, NJ 08735

Estimated Value: $680,875 - $763,000

2 Beds
1 Bath
560 Sq Ft
$1,299/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $395,000 $705 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,800/month

20 Days on Market

Highlights

  • Community Beach Access
  • Wood Flooring
  • Granite Countertops
  • Clubhouse
  • Attic
  • Cottage

About This Home

As of February 2020

An incredible price for a newer home! This lovely cottage was built in 2014 from the ground up--it's not a raised and renovated cottage from the 1950s like some. Shows like new and features central air and heat, hardwood floors, beautiful quartz counters, stainless steel appliances, tile floor in bath, attic storage, washer/dryer, vinyl siding and paver patio. Home has high crawl that spans the beneath the entire house and is great for storage. Just a few houses away from the playground so children can easily go back and forth. Unique position on street provides a less obstructed view from the north-facing windows. An easy walk to ocean and bay.

Last Listed By

Angela Serio

Ocean Beach Sales License #0125329 Listed on: 12/14/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,061

Year Built

  • Built in 2014

Lot Details

  • 1,481

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Window Screens
  • Wood Flooring
  • Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 50 x 30

Listing and Financial Details

  • Exclusions: all furniture, curtains & rods, area rugs, tv and contents of kitchen cabinets
  • Assessor Parcel Number 08-01105-14-00005

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,061

Year Built

Built in 2014

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Beach, Association, Clubhouse, Playground
  • Inclusions: Washer, Ceiling Fan(s), Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Cement
  • Reso Interior Features: Attic
  • New Construction: No
  • Year Built: 2014
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 30
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Common Elements Playground: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • Kitchen Floor - Wood4: Yes
  • Style CottageBungalow: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: all furniture, curtains & rods, area rugs, tv and contents of kitchen cabinets
  • Exterior Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Info:Garage: No
  • Parking Driveway: 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 Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 30
  • Parcel #: 08-01105-14-00005
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5061.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2019
Closed on
Feb 12, 2020
Sold by
Swanson Nancy J
Bought by
Lorusso Holdings Llc
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Michelle Volpe
Coldwell Banker Realty
Sold Price
$395,000
Total Days on Market
20
Current Estimated Value
$727,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,219
Avg. Annual Appreciation
11.04%
Original Mortgage
$245,000
Outstanding Balance
$221,036
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$462,125

Purchase Details

Closed on
May 1, 1991
Bought by
Swanson Nancy

Range of Values:

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Average Value
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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
Lorusso Holdings Llc $395,000 Old Republic Natl Ttl Ins Co
Swanson Nancy $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorusso Holdings Llc $245,000
Previous Owner Swanson Nancy J $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $395,000 -- $705 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
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 $8,620 $498,000 $224,000 $274,000
2023 $8,312 $498,000 $224,000 $274,000
2022 $8,312 $498,000 $224,000 $274,000
2021 $5,313 $212,100 $146,600 $65,500
2020 $5,290 $212,100 $146,600 $65,500
2019 $5,061 $212,100 $146,600 $65,500
2018 $4,993 $212,100 $146,600 $65,500
2017 $4,950 $212,100 $146,600 $65,500
2016 $4,821 $212,100 $146,600 $65,500
2015 $4,639 $212,100 $146,600 $65,500
2014 $4,416 $146,600 $146,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21948308

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01105-14-00005