NOT LISTED FOR SALE

Estimated Value: $715,661 - $812,000

2 Beds
1 Bath
560 Sq Ft
$1,348/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $445,000 $795 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,953/month

65 Days on Market

Highlights

  • Community Beach Access
  • New Construction
  • Custom Home
  • Parking available for a boat
  • Senior Community
  • Bayside

About This Home

As of October 2019

Brand new custom construction on owned land in Ocean Beach III (a private beach community) in Lavallette. Walk into a bright open floor plan with beamed cathedral ceilings. Quartz counters and stainless steel appliances in the eat in kitchen with center island. 2 bedrooms and a large loft for the kids slumber parties...Tile shower with gorgeous glass door enclosure. Everything sparkles in this beach house. Engineered wide plank hardwood flooring throughout. Enormous closet can also be used for a stackable washer and dryer with hookup already installed. Plenty of storage in and out. Azek deck with vinyl railings. Paver patio and walkway with plenty of parking. Low maintenance interior and exterior. Spend time relaxing and making those summer memories at your beach house this year:)

Last Agent to Sell the Property

Tammy Laureigh

RE/MAX at Barnegat Bay License #0017120 Listed on: 06/26/2019

RE/MAX at Barnegat Bay

Last Buyer's Agent

Brian MacFarlane

Berkshire Hathaway HomeServices Zack Shore Realtors License #0233316

Berkshire Hathaway HomeServices Zack Shore Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,451

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 1,742

HOA Fees

  • $51 Monthly HOA Fees

Home Design

  • Custom Home
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Window Screens
  • Great Room
  • Combination Kitchen and Dining Room
  • Loft
  • Engineered Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Stove
  • Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

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

Parking

  • Gravel Driveway
  • Paved Parking
  • Paver Block
  • Off-Street Parking
  • Parking available for a boat

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Utilities

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

Additional Features

  • Lot Dimensions are 50 x 32
  • Bayside

Listing and Financial Details

  • Exclusions: furniture in bedroom
  • Assessor Parcel Number 08-01109-16-00017

Community Details

Overview

  • Senior Community
  • Association fees include - see remarks, common area
  • Ocean Beach Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground
  • Community Pool
  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,451

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$51 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayside
  • Reso Association Amenities: Beach, Association, No Pool, Swimming, Clubhouse, Playground
  • Reso Association Fee Includes: Other - See Remarks, Common Area
  • Inclusions: Outdoor Lighting, Ceiling Fan(s), Light Fixtures, Microwave, Stove, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Custom, Ranch
  • Reso Flooring: Engineered
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 1st Flr, Ceilings - Beamed, Loft, Breakfast Bar, Eat-in Kitchen, Recessed Lighting
  • New Construction: Yes
  • Year Built: 2019
  • Contract Info New Construction: Yes
  • 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
  • Living Room Floor - Engineered: Yes
  • Dining Room Floor - Engineered2: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Kitchen Center Island: Yes
  • Kitchen Floor - Engineered3: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Fee Includes Common Area2: Yes
  • General Property Info Lot Dimensions: 50 x 32
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Common Elements Playground: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen KitchenDine: Yes
  • Kitchen Eat-In: Yes
  • Lot Description Bayside2: Yes
  • Parking Paver Block: Yes
  • Interior Loft: Yes
  • Rooms Loft2: Yes
  • Exterior Rec Area: Yes
  • Interior Ceilings - Beamed: Yes
  • Allowable Boats: Yes
  • Basement Piling: Yes
  • Water Type Bayside: Yes
  • Common Elements Beach: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 7
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Other Rooms:Great Room: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront Features: Bayside
  • Waterfront: No
  • Exclusions: furniture in bedroom
  • Exterior Features: Balcony, Deck, Patio, Rec Area, Storage, Lighting
  • Foundation Details: Piling
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Paver Block, Driveway, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • 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

  • Senior Community: Yes
  • Association Fee: 611.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 32
  • Parcel #: 08-01109-16-00017
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3451.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Oct 10, 2019
Sold by
Martino Nancy A
Bought by
Costello Jeffrey C and Costello Kari L
Seller's Agent
Tammy Laureigh
RE/MAX at Barnegat Bay
Buyer's Agent
Brian MacFarlane
Berkshire Hathaway HomeServices Zack Shore Realtors
Sold Price
$445,000
Current Estimated Value
$754,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,665
Avg. Annual Appreciation
9.60%
Original Mortgage
$348,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1987
Bought by
Martino James and Martino Nancy
Source: Public Records

Range of Values:

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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
Costello Jeffrey C $445,000 Foundation Title Llc
Martino James $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello Jeffrey $101,988
Open Costello Jeffrey C $356,000
Closed Costello Jeffrey C $348,000
Closed Costello Jeffrey C $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $445,000 -- $795 / 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 $8,806 $508,700 $252,000 $256,700
2023 $8,490 $508,700 $252,000 $256,700
2022 $8,490 $508,700 $252,000 $256,700
2021 $5,508 $219,900 $146,600 $73,300
2020 $5,484 $219,900 $146,600 $73,300
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 $3,332 $146,600 $146,600 $0
2015 $3,206 $146,600 $146,600 $0
2014 $3,052 $146,600 $146,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21926513

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01109-16-00017