NOT LISTED FOR SALE

106 Kerr Ave Lavallette, NJ 08735

Estimated Value: $1,667,000 - $1,844,000

6 Beds
2.5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold June 01, 2022

Last sale price $1,499,900

Est. 15% increase in value since last sale

Current estimated payment $10,257/month

24 Days on Market

Highlights

  • Heated In Ground Pool
  • Wood Flooring
  • Granite Countertops
  • New Kitchen
  • Shore Colonial Architecture
  • No HOA

About This Home

As of June 2022

This well cared for and updated two-family beach house is located in the desirable north-end of Lavallette. Two-story home has 3 bedrooms, a full kitchen, dining room, living room, bathroom(s) and laundry on each floor for a total of 6 bedroom & 2.5 baths. The large backyard patio with heated inground pool and outdoor shower provides a perfect outdoor space for entertaining or relaxing around the pool. Hardwood floors and tile throughout. The home has two zone baseboard hot water heating supplied by a tankless hot water heater and two central AC throughout. Short distance to ocean and the bay beaches. Terrific for a full time home, family vacation home, rental or mixed use for personal enjoyment and rental.

Last Agent to Sell the Property

Matthew Schlosser

Schlosser Real Estate, Inc. License #0017216 Listed on: 03/11/2022

Co-Listed By

Andrea Schlosser

Schlosser Real Estate, Inc. License #8134732

Last Buyer's Agent

Jeffrey Cruz

Weichert Realtors-Rumson License #1223827

Weichert Realtors-Rumson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,430

Year Built

  • Built in 1950

Lot Details

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

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Sliding Doors
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 0.5 Car Garage
  • Driveway
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-00030-01-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,430

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Heated, In Ground
  • Co List Office Mls Id: 1401
  • Co List Office Phone: 732-793-7755
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Shore Colonial
  • Reso Interior Features: Attic - Pull Down Stairs, Sliding Door
  • Year Built: 1950
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Kitchen GraniteStone Counter: Yes
  • Style Shore Colonial: Yes
  • ExteriorOutdoorShower: Yes
  • Living Room Floor - Ceramic2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • 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: Fence, Outdoor Shower
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 0.5
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Hot Water, Baseboard, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 16-00030-01-00011
  • Zoning Description: Residential, Multi-Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6430.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
May 18, 2022
Sold by
Russo Richard B and Russo Florence C
Bought by
Dremousis Christina and Sciortino John
Seller's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Jeffrey Cruz
Weichert Realtors-Rumson
List Price
$1,499,900
Sold Price
$1,499,900
Total Days on Market
24
Current Estimated Value
$1,728,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,660
Avg. Annual Appreciation
4.76%
Original Mortgage
$1,124,925
Outstanding Balance
$1,066,125
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$662,435

Purchase Details

Closed on
Feb 29, 2008
Sold by
Simin David and Simin Stacy
Bought by
Russo Richard B and Russo Florence C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2002
Sold by
Kerr John
Bought by
Simin David and Simin Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.84%

Purchase Details

Closed on
Dec 18, 1997
Sold by
Clarke Barbara Kerr
Bought by
Clarke Barbara K
Source: Public Records

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Range of Values:

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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
Dremousis Christina $1,499,000 Fidelity National Title
Russo Richard B $975,000 Stewart Title Guaranty Co
Simin David $450,000 --
Clarke Barbara K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sciortino John $1,124,925
Previous Owner Russo Florence C $250,000
Previous Owner Russo Richard B $303,500
Previous Owner Russo Richard B $300,000
Previous Owner Coscia Stephen $300,000
Previous Owner Simin David $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $1,499,900 0.0% --
04/04/2022 04/04/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $1,499,900 -- --
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 $7,201 $784,400 $450,000 $334,400
2023 $6,398 $784,400 $450,000 $334,400
2022 $6,648 $778,400 $450,000 $328,400
2021 $5,959 $778,400 $450,000 $328,400
2020 $6,391 $778,400 $450,000 $328,400
2019 $6,044 $617,400 $400,000 $217,400
2018 $5,995 $617,400 $400,000 $217,400
2017 $6,057 $617,400 $400,000 $217,400
2016 $5,609 $617,400 $400,000 $217,400
2015 $5,486 $617,400 $400,000 $217,400
2014 $5,510 $617,400 $400,000 $217,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22206851

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00030-01-00011