NOT LISTED FOR SALE

11 Morton Dr Lavallette, NJ 08735

Estimated Value: $1,422,000 - $2,600,000

2 Beds
1 Bath
-- Sq Ft
6,011 Sq Ft Lot

Last Sold June 11, 2015

Last sale price $490,000

Est. 257% increase in value since last sale

Current estimated payment $10,482/month

72 Days on Market

Highlights

  • Outdoor Pool
  • Cottage
  • 1 Car Garage
  • No HOA
  • Cooling Available
  • Heating System Uses Natural Gas

About This Home

As of June 2015

West Point Island - Large lot just a short distance the WPI bay beach and park. Current 2 bedroom structure suffered water damage and is gutted. Property also has detached garage and in-ground pool. Being sold in as-is condition and being market for land value.

Last Listed By

Matthew Schlosser

Schlosser Real Estate, Inc. License #0017216 Listed on: 03/02/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 1940

Lot Details

  • 6,011

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Cottage
  • Shingle Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Dirt Floor
  • Crawl Space

Schools

  • Lavallette Elementary School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Additional Features

  • 1-Story Property
  • Outdoor Pool
  • Lot Dimensions are 43 x 140

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-00967-0000-00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,717

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 43 x 140
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Dirt Floor
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 43 x 140
  • Parcel #: 16-00967-0000-00024

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4717.0

MLS Schools

  • Elementary School: Lavallette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2016
Sold by
Chiodo Thomas and Rizzolo Denise
Bought by
Chiodo Thomas and Rizzolo Denise
Total Days on Market
72
Current Estimated Value
$1,749,536

Purchase Details

Listed on
Mar 2, 2015
Closed on
Jun 11, 2015
Sold by
Burdick Allen and Burdick Nancy
Bought by
Chiodo Thomas and Chiodo Denise
Seller's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Elizabeth Sartori
Childers Sotheby's Intl Realty
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%

Purchase Details

Closed on
May 22, 2009
Sold by
Kulpa Marilyn J
Bought by
Burdick Allen and Burdick Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,200
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

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
Chiodo Thomas -- --
Chiodo Thomas $490,000 Agent For Chicago Title Ins
Burdick Allen $579,000 Forward Action Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiodo Thomas $450,000
Previous Owner Burdick Allen $35,000
Previous Owner Burdick Allen $463,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2015 06/11/15 Sold $490,000 -- --
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 $8,270 $900,900 $422,500 $478,400
2023 $7,694 $900,900 $422,500 $478,400
2022 $7,694 $900,900 $422,500 $478,400
2021 $7,441 $900,900 $422,500 $478,400
2020 $7,396 $900,900 $422,500 $478,400
2019 $7,814 $798,200 $405,000 $393,200
2018 $7,751 $798,200 $405,000 $393,200
2017 $4,085 $416,400 $405,000 $11,400
2016 $4,856 $511,700 $405,000 $106,700
2015 $4,754 $511,700 $405,000 $106,700
2014 $4,774 $505,600 $405,000 $100,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21507131

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00967-0000-00024