111 W Tarpon Way Lavallette, NJ 08735
Estimated Value: $678,000 - $827,000
2
Beds
1
Bath
560
Sq Ft
$1,359/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Deck
- Engineered Wood Flooring
- New Kitchen
- Raised Ranch Architecture
- Bonus Room
About This Home
As of October 2021LAVELLETTE BEACH BUNGALOW! Centrally located just a block from the oceanfront, bay and walking distance to Lavallette's vibrant downtown, this 2-bedroom, 1-bathroom Ocean Beach 3 home on OWNED LAND is ultra-versatile and an incredible opportunity to invest in an authentic shore lifestyle. Built to perfection in 2017, there is simply nothing to do but turn the key and unpack into this rare, fully furnished offering! The interior boasts a bright and open-concept main level, appointed with high ceilings and shiplap accents across a gorgeous living area, which leads to a dream-like eat-in kitchen equipped with a state-of-the-art Whirlpool appliance package, center island, white shaker cabinets and quartz finishes. A vaulted primary bedroom and thoughtfully oriented second bedroom with custom-built dual bunkbeds provide various sleeping arrangements, with a full bathroom located nearby. The exterior has been optimized for function, hallmarked by a covered lounge area that is ideal for gatherings or leisure, outfitted with a convenient outdoor shower for rinsing off after gorgeous day by the water. An elevated outdoor deck, designated parking for four vehicles and TONS of interior storage at the ground level make this a truly extraordinary find. Suitable for year-round personal residency or as a tremendous passive income investment, positioned for exceptional rental potential.
Last Listed By
Salvatore Ventre
EXP Realty Listed on: 08/23/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,409
Year Built
- Built in 2017
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 50 x 32
HOA Fees
- $59 Monthly HOA Fees
Home Design
- Raised Ranch Architecture
- Cottage
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 560 Sq Ft Home
- 1-Story Property
- Tray Ceiling
- Ceiling height of 9 feet on the main level
- Recessed Lighting
- Light Fixtures
- Living Room
- Bonus Room
- Storage
- Engineered Wood Flooring
- Pull Down Stairs to Attic
Kitchen
- New Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- No Garage
- Double-Wide Driveway
- Gravel Driveway
- Paved Parking
- Off-Street Parking
Outdoor Features
- Outdoor Shower
- Deck
- Exterior Lighting
- Porch
Utilities
- Air Conditioning
- No Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 08-01109-03-00011
Community Details
Overview
- Association fees include common area
Amenities
- Common Area
Recreation
- Community Beach Access
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2021
Closed on
Oct 18, 2021
Sold by
Torsiello Kimberly A and Torsiello Gerard J
Bought by
Weichel Vincent and Weichel Lenore
Seller's Agent
Salvatore Ventre
EXP Realty
Buyer's Agent
Robert Reinhold
Keller Williams Shore Properties
List Price
$622,000
Sold Price
$648,000
Premium/Discount to List
$26,000
4.18%
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,864
Avg. Annual Appreciation
3.32%
Original Mortgage
$518,400
Outstanding Balance
$479,327
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$248,930
Purchase Details
Listed on
Feb 22, 2018
Closed on
Jun 15, 2018
Sold by
Farrell Sean and Farrell Cavan
Bought by
Torsiello Gerard J and Torsiello Kimberly A
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Laurie Enoch
Crossroads Realty Inc-Lavallette
Sold Price
$445,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Purchase Details
Closed on
Jan 29, 2016
Sold by
Hoffman Joseph F and Hoffman Wendy W
Bought by
Farrell Sean and Farrell Cavan
Purchase Details
Closed on
Jun 30, 1983
Bought by
Hoffman Joseph and Hoffman Wendy
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Similar Homes in Lavallette, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weichel Vincent | $648,000 | Old Republic Natl Ttl Ins Co | |
| Torsiello Gerard J | $445,000 | Westcor Land Title | |
| Farrell Sean | $199,000 | -- | |
| Hoffman Joseph | $67,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weichel Vincent | $518,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2021 10/19/21 | Sold | $648,000 | +4.2% | $1,157 / Sq Ft |
| 09/07/2021 09/07/21 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | For Sale | $622,000 | +39.8% | $1,111 / Sq Ft |
| 06/25/2018 06/25/18 | Sold | $445,000 | -- | $795 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $9,134 | $527,700 | $252,000 | $275,700 |
| 2023 | $8,807 | $527,700 | $252,000 | $275,700 |
| 2022 | $8,807 | $527,700 | $252,000 | $275,700 |
| 2021 | $5,433 | $216,900 | $146,600 | $70,300 |
| 2020 | $5,409 | $216,900 | $146,600 | $70,300 |
| 2019 | $5,175 | $216,900 | $146,600 | $70,300 |
| 2018 | $5,106 | $216,900 | $146,600 | $70,300 |
| 2017 | $3,422 | $146,600 | $146,600 | $0 |
| 2016 | $3,414 | $150,200 | $146,600 | $3,600 |
| 2015 | $3,285 | $150,200 | $146,600 | $3,600 |
| 2014 | $3,127 | $150,200 | $146,600 | $3,600 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2021
Salvatore Ventre
EXP Realty
-
Anthony D'Astoli
A
Seller Co-Listing Agent in 2021
Anthony D'Astoli
EXP Realty
(347) 515-3800
7 Total Sales
-
Buyer's Agent in 2021
Robert Reinhold
Keller Williams Shore Properties
(908) 578-6365
-
Angela Serio
Seller's Agent in 2018
Angela Serio
Ocean Beach Sales
(908) 770-7741
168 Total Sales
-
Laurie Enoch
Buyer's Agent in 2018
Laurie Enoch
Crossroads Realty Inc-Lavallette
(732) 691-0861
20 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22127712
APN: 08-01109-03-00011
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Information is deemed reliable but not guaranteed.
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