NOT LISTED FOR SALE

113 W Albacore Way Lavallette, NJ 08735

Estimated Value: $686,000 - $846,000

3 Beds
1 Bath
840 Sq Ft
$927/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $352,000 $419 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $5,313/month

143 Days on Market

Highlights

  • Community Beach Access
  • No HOA
  • Beamed Ceilings
  • Sun or Florida Room
  • Den
  • Enclosed patio or porch

About This Home

As of August 2020

Rare opportunity in Ocean Beach III. Three bedroom ranch on larger lot, just 1 1/2 blocks to the ocean. Updated and turn key. Furniture included. On owned land and within walking distance to the ocean & bay beaches, playgrounds, mini-golf, donuts, & ice cream. Beach association provides a full schedule of social activities during the Summer. Good rental potential, as well. Come on down and take a look!

Last Listed By

Patricia Hallock

Chadwick Sales & Rentals LLC License #0784985 Listed on: 01/05/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,893

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 70 x 57

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Blinds
  • Living Room
  • Den
  • Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Enclosed patio or porch

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Space Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08-01109-17-00003

Community Details

Overview

  • No Home Owners Association
  • Ocean Beach Subdivision

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,893

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Beach, Association, Playground
  • Inclusions: AC Units, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: Ocean Beach
  • Architectural Style: Ranch
  • Reso Flooring: Ceramic Tile, Linoleum/Vinyl, Tile
  • Reso Interior Features: Ceilings - Beamed, Breakfast Bar
  • Year Built: 1953
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 70 x 57
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Included BlindsShades: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Playground: Yes
  • Style Ranch: Yes
  • Kitchen Breakfast Cntr: Yes
  • ExteriorOutdoorShower: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • Interior Ceilings - Beamed: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Den2: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Outdoor Shower, Patio, Porch - Enclosed
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, None
  • General Property Info:Garage: No
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Space Heater
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 70 x 57
  • Parcel #: 08-01109-17-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5893.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2020
Closed on
Aug 7, 2020
Sold by
Cutcheon Robert J Mc and Cutcheon Michelle J
Bought by
Vanwart David Van and Wart Christine M
Seller's Agent
Patricia Hallock
Chadwick Sales & Rentals LLC
Buyer's Agent
Elizabeth Sartori
Childers Sotheby's Intl Realty
List Price
$399,000
Sold Price
$352,000
Premium/Discount to List
-$47,000
-11.78%
Total Days on Market
143
Current Estimated Value
$778,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,764
Avg. Annual Appreciation
18.61%
Original Mortgage
$260,000
Outstanding Balance
$194,793
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$591,648

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Lavallette, NJ

  • 100 W Penguin Way, Lavallette, NJ 08735

    $699,000

    • 2 Beds
    • 1 Bath
    • 760 Sq Ft
    • 100 W Penguin Way
    • Lavallette, NJ

    Featured Listing: This charming 2 bedroom, 1 bath bungalow is located in OBIII, on Owned Land. This coastal gem is move in ready! This 740 sq ft bungalow features high ceilings, a kitchen island w/storage, W/D, 2 comfortable bedrooms, ceramic tile throughout, attic space, a fenced yard, brick paver patio, off street parking, outdoor tv's, an outdoor kitchen area and an oversized electric awning.

    Michelle Volpe Keller Williams Shore Properties

    Section Image
  • 31 E Cormorant Way, Lavallette, NJ 08735

    $619,000

    • 2 Beds
    • 1 Bath
    • 560 Sq Ft
    • 31 E Cormorant Way
    • Lavallette, NJ

    This ocean-block cottage has everything you need to enjoy a great summer! Completely furnished and only 7 houses to a private beach, with all the amenities: central air for hot summer days, washer and dryer and ceramic tile floors for easy sand cleanup. Built to the maximum size allowed in the community with high ceilings that give a comfortable airiness to the living areas. Bonus: the home comes

    Angela Serio Ocean Beach Sales

    Section Image
  • 28 E Marlin Way, Lavallette, NJ 08735

    $699,000

    • 2 Beds
    • 1 Bath
    • 500 Sq Ft
    • 28 E Marlin Way
    • Lavallette, NJ

    Beautifully updated, Immaculate, beach block on OWNED LAND. Gorgeous kitchen w/plenty of cabinets, granite counter w/seating, full sized bath w/stall shower, washer/dryer, 3 zone split system heating and a/c, newer roof, siding, windows, Fenced in patio w/new pavers, private driveway. Great buy for a beach house, investment property or combo. Home is rented for most of the summer. Buyer must

    Jill Stewart Realty Executives Exceptional

    Section Image
  • 109 W Kingfisher Way, Lavallette, NJ 08735

    $695,000

    • 2 Beds
    • 1 Bath
    • 520 Sq Ft
    • 109 W Kingfisher Way
    • Lavallette, NJ

    ''Welcome to the beach! This raised ranch features: An open floor plan with living and dining area, as well as 15 foot ceilings equipped with ceiling fans. Both of the nice-sized bedrooms offer cross ventilation so you can enjoy the ocean breeze anytime! The updated bathroom offers a larger than normal shower. There is plenty of extra storage space above the living room and bedroom. The raised

    Fred Dilorenzo Keller Williams Real Estate-Clinton

    Section Image
  • 3167 Route 35 N Unit B, Lavallette, NJ 08735

    $799,999

    • 3 Beds
    • 1 Bath
    • 3167 Route 35 N
    • Unit B
    • Lavallette, NJ

    OWNED LAND FULLY FURNISHED 3-BEDROOM, 1-BATH BEACH HOME IN OCEAN BEACH 11, JUST ONE BLOCK FROM THE SHORE! RECENTLY RENOVATED WITH NEW FLOORING, FRESH PAINT, A NEW FURNACE, CENTRAL AIR AND HEAT, STUNNING COUNTERTOPS, NEW WINDOWS, AND A TANKLESS WATER HEATER. UPDATED DUCTWORK, GUTTERS, ROOF, AND NEW VINYL FENCING COMPLETE THE UPGRADES. EXCELLENT RENTAL OPPORTUNITY! HOA PROVIDES 8 BEACH BADGES

    Janet Marcellino Weichert Realtors-Sea Girt

    Section Image
  • 143 S Bayside Rd, Lavallette, NJ 08735

    $835,000

    • 3 Beds
    • 2 Baths
    • 143 S Bayside Rd
    • Lavallette, NJ

    Discover this beautifully designed 3-bedroom, 2-bathroom home in the sought-after Silver Beach. Built in 2014, this property boasts desirable finishes, including granite countertops, stainless steel appliances, and built-in shelves surrounding a cozy gas fireplace. With one bedroom conveniently located on the first floor (currently a dining room), plenty of parking, ample storage, and

    Tanya Dorfman Coldwell Banker Residential Brokerage

    Section Image
  • 14 E Beach Way, Lavallette, NJ 08735

    $949,000

    • 4 Beds
    • 2 Baths
    • 1,035 Sq Ft
    • 14 E Beach Way
    • Lavallette, NJ

    WELCOME TO OCEAN BEACH UNIT 1 !!!! In this location, you will hear the Waves all Day and Night ! Features Include: 4 Bedrooms, 2 Full Bathrooms, Paver Patio Driveway, Cedar Design Vinyl Siding, Tankless Hot Water Heater, Custom Window Coverings, Roof-Top Deck with 360 Degree Views, Newer Kitchen and Bathrooms and Much Much More..... Come be a part of the Ocean Beach 1 Community !!! Schedule your

    Liberto Santonastaso Ocean Beach Sales

    Section Image
  • 455 Biscayne Ct, Lavallette, NJ 08735

    $849,999

    • 4 Beds
    • 2 Baths
    • 1,440 Sq Ft
    • 455 Biscayne Ct
    • Lavallette, NJ

    A rare opportunity to own in the seaside community of Chadwick Island, come make this your beach house your summer getaway or year-round home. Just a short distance to the bay and the beach, this 4 bed 2 full bath colonial has so much to offer you and your family. Recently updated baths and a well-kept kitchen make this home just a few personal touches away from being your own. The new homes and

    Samuel Marx Sackman Realty

    Section Image

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
Vanwart David Van $352,000 Counselors Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanwart David Van $260,000
Previous Owner Mccutcheon Robert J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $352,000 -11.8% $419 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $399,000 -- $475 / 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 $11,942 $689,900 $342,000 $347,900
2023 $5,708 $342,000 $342,000 $0
2022 $5,708 $342,000 $342,000 $0
2021 $6,187 $247,000 $188,600 $58,400
2020 $6,160 $247,000 $188,600 $58,400
2019 $5,893 $247,000 $188,600 $58,400
2018 $5,814 $247,000 $188,600 $58,400
2017 $5,765 $247,000 $188,600 $58,400
2016 $5,614 $247,000 $188,600 $58,400
2015 $5,402 $247,000 $188,600 $58,400
2014 $5,143 $247,000 $188,600 $58,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22000580

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01109-17-00003