NOT LISTED FOR SALE

113 W Pelican Way Lavallette, NJ 08735

Dover Beaches North Neighborhood

Estimated Value: $676,977 - $743,000

2 Beds
1 Bath
560 Sq Ft
$1,266/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $740,000 $1,321 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,294/month

12 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Loft
  • Bayside
  • Deck
  • Cottage

About This Home

As of March 2024

This home has everything you want in an Ocean Beach cottage: 2 bedrooms, 1 bath, usable underneath space and a loft that's a perfect space for the kids! Built in 2018, everything is in excellent condition so it is ready for summer enjoyment. Features central air and heat, tankless hot water heater, washer/dryer, tall kitchen cabinets with lots of storage, dishwasher, ceramic tile floors and large composite deck. Ocean Beach III is a private community with both bay and ocean beaches, playground and soon a brand-new clubhouse. On owned land!

Last Agent to Sell the Property

Angela Serio

Ocean Beach Sales License #0125329 Listed on: 01/19/2024

Last Buyer's Agent

Anna Fiore

RE/MAX Revolution License #1968631

RE/MAX Revolution

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $5,884

Year Built

  • Built in 2018

Lot Details

  • 1,742

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Bay Window
  • Window Screens
  • Loft

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Paved Parking

Utilities

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

Additional Features

  • Deck
  • 1,742 Sq Ft Lot
  • Bayside

Listing and Financial Details

  • Exclusions: nothing
  • Assessor Parcel Number 08-01109-06-00013

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Property Details

Home Type

Co-Op

Est. Annual Taxes

$5,884

Year Built

Built in 2018

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayside
  • Reso Association Amenities: Beach, Association, Clubhouse, Playground
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Cement
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Loft
  • New Construction: No
  • Year Built: 2018
  • Contract Info List PriceSqFt: 1337.5
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 50 x 32
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Ownership Type Cooperative: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Playground: Yes
  • ExteriorDeck: Yes
  • Lot Description Bayside2: Yes
  • Interior Loft: Yes
  • GreatFamily Room BayBow Window5: Yes
  • Style CottageBungalow: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Living Room Floor - Ceramic2: Yes
  • Basement Piling: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: nothing
  • Exterior Features: Deck, Other
  • Foundation Details: Piling
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel
  • General Property Info:Garage: No
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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 Fee: 724.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 32
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 08-01109-06-00013
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5884.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Mar 5, 2024
Sold by
Rooney Peter
Bought by
Russo Robert Charles and Russo Kristen Rene
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Anna Fiore
RE/MAX Revolution
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%
Views
31
Current Estimated Value
$708,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,006
Avg. Annual Appreciation
-2.43%
Original Mortgage
$555,000
Outstanding Balance
$546,603
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$162,391

Purchase Details

Closed on
Oct 5, 2016
Sold by
Amicucci Felicia
Bought by
Rooney Peter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Russo Robert Charles $740,000 Partners Title
Russo Robert Charles $740,000 Partners Title
Rooney Peter $192,000 Trident Abstract Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Robert Charles $555,000
Closed Russo Robert Charles $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2024 03/13/24 Sold $740,000 -1.2% $1,321 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $749,000 -- $1,338 / 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 $6,190 $382,700 $252,000 $130,700
2024 $5,884 $339,900 $252,000 $87,900
2023 $5,673 $339,900 $252,000 $87,900
2022 $5,673 $339,900 $252,000 $87,900
2021 $5,508 $220,300 $146,600 $73,700
2020 $3,656 $146,600 $146,600 $0
2019 $3,498 $146,600 $146,600 $0
2018 $3,451 $146,600 $146,600 $0
2017 $3,422 $146,600 $146,600 $0
2016 $3,412 $150,100 $146,600 $3,500
2015 $3,283 $150,100 $146,600 $3,500
2014 $3,125 $150,100 $146,600 $3,500
Source: Public Records

Agents Affiliated with this Home

  • Angela Serio

    Seller's Agent in 2024

    Angela Serio

    Ocean Beach Sales

    (908) 770-7741

    133 in this area

    149 Total Sales

    Angela Serio
    Section Image
  • Anna Fiore

    Buyer's Agent in 2024

    Anna Fiore

    RE/MAX

    57 in this area

    106 Total Sales

    Anna Fiore
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22401715

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01109-06-00013

New Jersey Ocean County Lavallette 08735 Dover Beaches North

113 W Pelican Way, Lavallette, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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