NOT LISTED FOR SALE

117 Reese Ave Lavallette, NJ 08735

Estimated Value: $1,696,000 - $2,325,947

5 Beds
3.5 Baths
2,815 Sq Ft
$725/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $1,850,000 $657 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $11,519/month

69 Days on Market

Highlights

  • New Construction
  • Bayside
  • Dining Room with Fireplace
  • Bay View
  • Deck
  • Shore Colonial Architecture

About This Home

As of December 2021

Brand new construction! Reverse living, spacious and luxurious 5 bedroom, 3.5 bath with elevator, multiple decks, and water views. No detail overlooked! Located in the highly sought-after idyllic town of Lavallette. Just steps from restaurants, bars, and shops. Thoughtfully built by Walter G. Kosenski II and Sons Coastal Builders. Home features apx 3000/sf with 2 car garage hosting plenty of storage. The open floor plan carries into a beautiful half-covered deck. The first floor has two covered decks, a Minor Master Suite, and 2 large bedrooms, plus a convertible den/bed. The second/upper floor boasts a Master Suite, 9ft ceilings, modern-luxe kitchen w/high-end appliances and fireplace. Backyard has ample room for an in-ground pool. Offered with the security of a 10-year homeowner warranty

Last Agent to Sell the Property

Walter Kosenski

Diane Turton, Realtors-Lavallette License #1758776 Listed on: 03/26/2021

Diane Turton, Realtors-Lavallette

Last Buyer's Agent

Walter Kosenski

Diane Turton, Realtors-Lavallette License #1758776 Listed on: 03/26/2021

Diane Turton, Realtors-Lavallette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,373

Lot Details

  • 5,009

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • New Construction
  • Shore Colonial Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Shingle Roof
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 2,815 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Ceiling height of 9 feet on the upper level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Gas Fireplace
  • Sliding Doors
  • Living Room
  • Dining Room with Fireplace
  • Den
  • Bay Views
  • Pull Down Stairs to Attic

Kitchen

  • Portable Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting

Location

  • Bayside

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-00033-02-00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,373

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayside
  • Inclusions: Outdoor Lighting, Ceiling Fan(s), Counter Top Range, Dishwasher, Dryer, Light Fixtures, Microwave, Refrigerator, Fireplace Equipment, Garage Door Opener
  • Subdivision Name: None
  • Reso Accessibility Features: Other - See Remarks
  • Architectural Style: Shore Colonial
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Ceilings - 9Ft+ 2nd Flr, Den, Elevator, Sliding Door, Recessed Lighting
  • New Construction: Yes
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Balcony2: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Balcony: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Recessed Lighting: Yes
  • Living Room Two Story2: Yes
  • Interior Den: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Garage Oversized: Yes
  • Style Shore Colonial: Yes
  • Lot Description Bayside2: Yes
  • Water Type Bayview: Yes
  • Living Room Sliding Door2: Yes
  • Dining Room Sliding Door3: Yes
  • Included Counter Top Range: Yes
  • Dining Room Fireplace - Gas6: Yes
  • Water Type Bayside: Yes
  • Cooling 2 Zoned AC: Yes
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Total Bedrooms: 10
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Other Rooms:Den2: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Timberline, Shingle, Flat
  • Waterfront Features: Bayside, Bayview
  • Waterfront: No
  • Exterior Features: Balcony, Deck
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Covered, Driveway, On Street, Oversized
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 16-00033-02-00024
  • Zoning Description: Residential, Single Family, Neighborhood

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Dec 23, 2021
Sold by
Walter G Kosenski Ii Inc
Bought by
Blair Laura and Blair James
Seller's Agent
Walter Kosenski
Diane Turton, Realtors-Lavallette
Buyer's Agent
Walter Kosenski
Diane Turton, Realtors-Lavallette
List Price
$1,899,999
Sold Price
$1,850,000
Premium/Discount to List
-$49,999
-2.63%
Current Estimated Value
$2,040,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,987
Avg. Annual Appreciation
2.64%
Original Mortgage
$800,000
Interest Rate
2.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2020
Sold by
Mangan Mills Realty Llc
Bought by
Walter G Kosenski Ii Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,148
Interest Rate
2.7%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 30, 2019
Closed on
Feb 14, 2020
Sold by
Donnell Gregg
Bought by
Mangan Mills Realty Llc
Seller's Agent
Lisa Temple
Keller Williams Shore Properties
Buyer's Agent
Elizabeth Sartori
Childers Sotheby's Intl Realty
List Price
$510,000
Sold Price
$485,000
Premium/Discount to List
-$25,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.31%

Purchase Details

Closed on
Nov 25, 2014
Sold by
Monroe Daniel M
Bought by
Connell Cregg
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
Blair Laura $1,850,000 Investment Title Llc
Blair Laura $1,850,000 Investment Title
Walter G Kosenski Ii Inc $518,148 Trident Abstract Title
Walter G Kosenski Ii Inc $518,148 Trident Abstract Title
Mangan Mills Realty Llc -- Trident Abstract Title Agcy
Connell Cregg -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blair Laura $800,000
Previous Owner Walter G Kosenski Ii Inc $518,148
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $1,850,000 -2.6% $657 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $1,899,999 +291.8% $675 / Sq Ft
02/28/2020 02/28/20 Sold $485,000 -4.9% --
01/30/2020 01/30/20 Pending -- -- --
09/12/2019 09/12/19 For Sale $510,000 -- --
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 $8,373 $885,100 $356,300 $528,800
2024 $8,125 $885,100 $356,300 $528,800
2023 $7,695 $885,100 $356,300 $528,800
2022 $3,043 $356,300 $356,300 $0
2021 $2,941 $356,300 $356,300 $0
2020 $4,618 $562,500 $356,300 $206,200
2019 $5,295 $540,900 $375,000 $165,900
2018 $5,252 $540,900 $375,000 $165,900
2017 $5,306 $540,900 $375,000 $165,900
2016 $5,133 $540,900 $375,000 $165,900
2015 $5,025 $540,900 $375,000 $165,900
2014 $5,047 $540,900 $375,000 $165,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22109074

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00033-02-00024