NOT LISTED FOR SALE

111 W Penguin Way Lavallette, NJ 08735

Estimated Value: $689,000 - $726,000

2 Beds
1 Bath
520 Sq Ft
$1,362/Sq Ft Est. Value

Last Sold June 20, 2013

Last sale price $367,500 $707 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,660/month

39 Days on Market

Highlights

  • Community Beach Access
  • Deck
  • Granite Countertops
  • Clubhouse
  • Marble Flooring
  • Cottage

About This Home

As of June 2013

Beautiful, two-bedroom home built in 2011 on raised foundation. Home received no damage from the storm. Features include central air, heat, washer/dryer, dishwasher, hardwood floors, Andersen easy-clean, tilt-out windows, upgraded kitchen with custom, pull-out storage, tile backsplash and granite countertops, marble-tiled bathroom with 5x9 shower, ceiling fans, 30-year Timberline roof and Trex deck.

Last Listed By

Angela Serio

Ocean Beach Sales License #0125329 Listed on: 03/16/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,970

Year Built

  • Built in 2011

Lot Details

  • 1,612

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 520 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 50x32

Listing and Financial Details

  • Exclusions: BEDROOM FURNITURE AND PERSONAL ITEMS
  • Assessor Parcel Number 01109001400011

Community Details

Overview

  • Ocean Beach Subdivision

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Additional Features

  • Clubhouse
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,970

Year Built

Built in 2011

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Beach, Association, Clubhouse, Playground
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Marble, Wood
  • Year Built: 2011
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50X32
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Common Elements Clubhouse: Yes
  • Common Elements Playground: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Common Elements Security Guard: Yes
  • Style CottageBungalow: Yes
  • Floors Marble: Yes
  • Common Elements Beach: Yes
  • Heating Electric Heat Pump2: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: BEDROOM FURNITURE AND PERSONAL ITEMS
  • Exterior Features: Deck, Other
  • Foundation Details: Slab
  • 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: Electric Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Electric Heat Pump
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes
  • HeatingCooling:Electric Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 355.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50X32
  • Parcel #: 01109001400011
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4970.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2021
Sold by
Montalbano Stephen G and Wagner Brookes
Bought by
Morris Robert J and Morris Donna M
Total Days on Market
39
Current Estimated Value
$708,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Outstanding Balance
$402,477
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$268,858

Purchase Details

Listed on
Mar 16, 2013
Closed on
Jun 20, 2013
Sold by
Baron Carol L
Bought by
Montalbano Stephen G and Wagner Brookes
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Angela Serio
Birchler Realtors
Sold Price
$367,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$294,000
Interest Rate
3.51%
Mortgage Type
New Conventional

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
Morris Robert J $502,000 Counsellors Title Agency Inc
Montalbano Stephen G $367,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Robert J $437,000
Previous Owner Montalbano Stephen G $294,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2013 06/20/13 Sold $367,500 -- $707 / 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
2024 $8,437 $487,400 $252,000 $235,400
2023 $8,135 $487,400 $252,000 $235,400
2022 $8,135 $487,400 $252,000 $235,400
2021 $5,115 $204,200 $146,600 $57,600
2020 $5,093 $204,200 $146,600 $57,600
2019 $4,872 $204,200 $146,600 $57,600
2018 $4,807 $204,200 $146,600 $57,600
2017 $4,766 $204,200 $146,600 $57,600
2016 $4,641 $204,200 $146,600 $57,600
2015 $4,466 $204,200 $146,600 $57,600
2014 $4,251 $204,200 $146,600 $57,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21308853

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01109-14-00011