NOT LISTED FOR SALE

Estimated Value: $786,000 - $828,000

2 Beds
2 Baths
560 Sq Ft
$1,442/Sq Ft Est. Value

Last Sold December 30, 2022

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

Est. 9% increase in value since last sale

Current estimated payment $5,135/month

65 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Loft
  • Under Construction
  • Deck
  • Granite Countertops

About This Home

As of December 2022

The hottest properties in the Lavallette area right now are homes just like this in the Ocean Beach III community on OWNED LAND! This lovely 2BR has a large, spacious, bright loft w/high ceiling that can serve as a hangout space for kids & has extra storage. There are also 2 FULL baths, one en-suite w/tub. Outdoor living is key down the shore so the house boasts 560 sqft below w/9ft ceilings that becomes a coveted 2nd living room w/large storage area. Other features include: special-order black windows w/ large bay window, Samsung ss appliances, Silestone quartz counters, stackable washer/dryer, Fabuwood Shaker-style white cabinetry, CA, FHA heat, vinyl plank flooring, and a lower-level comp deck that spans the entire backyard. Parking for 4 cars. Home is currently under construction.

Last Agent to Sell the Property

Angela Serio

Ocean Beach Sales License #0125329 Listed on: 06/04/2022

Last Buyer's Agent

Karen McDonald

Weichert Realtors-Forked River License #1112058

Weichert Realtors-Forked River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,799

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 50 x 32

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Loft

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Linoleum
  • Concrete

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 08-01109-03-00020

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Bocce Ball Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,799

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Beach, Association, Swimming, Clubhouse, Playground, Bocci
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Cement
  • Reso Interior Features: Loft
  • New Construction: Yes
  • Year Built: 2022
  • Contract Info List PriceSqFt: 1337.5
  • Contract Info New Construction: U/C
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • 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
  • Living Room Floor - LinoleumVinyl2: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Common Elements Clubhouse: Yes
  • Included Screens: Yes
  • Common Elements Playground: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Interior Loft: Yes
  • Common Elements Bocci: Yes
  • Style CottageBungalow: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Common Elements Beach: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Ceilings - High
  • Basement: No
  • Full Bathrooms: 2
  • 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
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 796.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 32
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 08-01109-03-00020
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Dec 9, 2022
Sold by
Siegel Kenneth and Siegel Jennifer
Bought by
Cornine David and Cornine Cathy
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Karen McDonald
Weichert Realtors-Forked River
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%
Views
34
Current Estimated Value
$807,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,574
Avg. Annual Appreciation
3.04%
Original Mortgage
$350,000
Outstanding Balance
$333,841
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$473,733

Purchase Details

Closed on
Nov 6, 2021
Sold by
Urszulak Darryn G
Bought by
Siegel Kenneth and Siegel Jennifer

Purchase Details

Closed on
Jul 23, 2018
Sold by
Ocean County Sheriff
Bought by
Urszulak Darryn G

Purchase Details

Closed on
May 13, 1994
Sold by
Nugent Albert
Bought by
Nugent Timothy and Nugent Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.44%
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
Cornine David $740,000 --
Cornine David $740,000 None Listed On Document
Siegel Kenneth $299,999 Acres Land Title Agency Inc
Urszulak Darryn G $155,000 None Available
Nugent Timothy $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornine David $350,000
Closed Cornine David $350,000
Previous Owner Nugent Timothy $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $740,000 -1.2% $1,321 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
06/04/2022 06/04/22 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 $9,799 $538,100 $252,000 $286,100
2024 $9,315 $538,100 $252,000 $286,100
2023 $4,206 $252,000 $252,000 $0
2022 $4,206 $252,000 $252,000 $0
2021 $3,606 $146,600 $146,600 $0
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 $3,332 $146,600 $146,600 $0
2015 $3,206 $146,600 $146,600 $0
2014 $3,133 $150,500 $146,600 $3,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22217188

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01109-03-00020