NOT LISTED FOR SALE

11 Philadelphia Ave Lavallette, NJ 08735

Estimated Value: $1,844,000 - $2,691,000

4 Beds
2.5 Baths
2,852 Sq Ft
$854/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $1,800,000 $631 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $13,988/month

63 Days on Market

Highlights

  • Oceanside
  • New Kitchen
  • Granite Countertops
  • Custom Home
  • Wood Flooring
  • No HOA

About This Home

As of May 2021

Stunning beach block home built and designed by Grogg. Some of the amenities include custom built wet bar, gas fireplace, hardwood floors, 9ft ceilings, decorative molding, two story entry foyer, high end kitchen and much more. Along with this quality build pride of ownership is shown throughout. 1st floor bedroom, 2 additional spacious bedrooms on 2nd fl plus beautiful large master suite. Outdoor shower w heat/AC surrounded by picturesque landscape in backyard. No expense was spared regarding home in any regard. A Must See for your fussiest buyer Will not be disappointed.

Last Agent to Sell the Property

Barbara Montone

Diane Turton, Realtors-Lavallette Listed on: 12/28/2020

Last Buyer's Agent

Rene Zipfel

Broad Ventures Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,096

Lot Details

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

Home Design

  • Custom Home
  • Shore Colonial Architecture
  • Asphalt Rolled Roof

Interior Spaces

  • 2,852 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Stained Glass
  • Leaded Glass Windows
  • Bay Window
  • French Doors
  • Sliding Doors
  • Center Hall
  • Wood Flooring
  • Crawl Space
  • Home Security System

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Parking

  • No Garage
  • Driveway with Pavers
  • Paver Block
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Balcony
  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: personal items, select pieces of furniture and decorative items
  • Assessor Parcel Number 16-00012-0000-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,096

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block
  • Inclusions: Outdoor Lighting, Water Purifier, Washer, Wall Oven, Window Treatments, Ceiling Fan(s), Dishwasher, Central Vacuum, Dryer, Microwave, Security System, Refrigerator, Attic Fan, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Shore Colonial, 2 Story
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Built-Ins, Ceilings - 9Ft+ 1st Flr, Center Hall, Dec Molding, French Doors, Lead Glass Window, Security System, Sliding Door, Wet Bar, Breakfast Bar, Recessed Lighting
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • General Property Info Farm: No
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Roof Timberline: Yes
  • Kitchen Breakfast Cntr: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • ExteriorOutdoorShower: Yes
  • Parking Paver Block: Yes
  • Dining Room BayBow Window3: Yes
  • Included Attic Fan: Yes
  • Living Room Built-Ins2: Yes
  • Exterior Security System3: Yes
  • Foyer Dec Molding2: Yes
  • Interior Lead Glass Window: Yes
  • Exterior Stained Glass: Yes
  • Cooling 2 Zoned AC: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • 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
  • Features Interior:Security System: Yes
  • Appliances Included:Wall Oven: Yes
  • Features Interior:Wet Bar: Yes
  • Appliances Included:Central Vacuum: Yes
  • Appliances Included:Water Purifier: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.11
  • Topography: Level
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exclusions: personal items, select pieces of furniture and decorative items
  • Exterior Features: Balcony, Fence, Outdoor Shower, Patio, Porch - Open, Security System, Shed, Stained Glass, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paver Block, Driveway, Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • 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: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 16-00012-0000-00016
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11096.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Apr 27, 2021
Sold by
Cimiluca Mark and Cimiluca Kathleen
Bought by
James Michael and James Megan
Seller's Agent
Barbara Montone
Diane Turton, Realtors-Lavallette
Buyer's Agent
Rene Zipfel
Broad Ventures Real Estate
List Price
$1,749,000
Sold Price
$1,800,000
Premium/Discount to List
$51,000
2.92%
Current Estimated Value
$2,435,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,110
Avg. Annual Appreciation
7.13%
Original Mortgage
$1,350,000
Outstanding Balance
$1,223,437
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,211,673

Purchase Details

Closed on
Mar 17, 2006
Sold by
Grogg Jerome and Grogg Kathleen
Bought by
Cimiluca Mark and Cimiluca Kathleen

Purchase Details

Closed on
May 24, 2005
Sold by
Wenzel Brick and Forsberg Wenzel Britta A
Bought by
Grogg Jerome and Grogg Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 7, 2005
Sold by
Wenzel Jeanne M and Wenzel Brick
Bought by
Wenzel Brick and Forsberg Wenzel Britta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2003
Sold by
Balint David
Bought by
Wenzel Brick and Wenzel Britta Forsberg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.53%

Purchase Details

Closed on
Oct 28, 1997
Sold by
Wenzel Robert C and Wenzel Jeanne M
Bought by
Wenzel Robert C and Wenzel Jeanne W
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
James Michael $1,800,000 Safe Land Title Agency Llc
James Michael $1,800,000 Land Title
Cimiluca Mark $1,850,000 United General Title Ins Co
Grogg Jerome $875,000 --
Wenzel Brick $280,000 --
Wenzel Brick $280,000 --
Wenzel Brick $408,000 --
Wenzel Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Michael $1,350,000
Closed James Michael $1,350,000
Previous Owner Grogg Jerome $525,000
Previous Owner Wenzel Brick $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $1,800,000 +2.9% $631 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $1,749,000 -- $613 / Sq Ft
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
2025 $12,937 $1,367,500 $887,500 $480,000
2024 $12,554 $1,367,500 $887,500 $480,000
2023 $11,542 $1,351,500 $887,500 $464,000
2022 $11,542 $1,351,500 $887,500 $464,000
2021 $11,140 $1,351,500 $887,500 $464,000
2020 $11,096 $1,351,500 $887,500 $464,000
2019 $9,150 $934,600 $700,000 $234,600
2018 $9,075 $934,600 $700,000 $234,600
2017 $9,168 $934,600 $700,000 $234,600
2016 $8,869 $934,600 $700,000 $234,600
2015 $8,682 $934,600 $700,000 $234,600
2014 $8,720 $934,600 $700,000 $234,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22043852

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00012-0000-00016