NOT LISTED FOR SALE

119 W Cormorant Way Lavallette, NJ 08735

Estimated Value: $603,000 - $705,000

2 Beds
1 Bath
520 Sq Ft
$1,257/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $500,000 $962 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,185/month

14 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Beamed Ceilings
  • Water Views
  • Cottage
  • Eat-In Kitchen

About This Home

As of June 2021

So close to the boat basin you can see it! Keep your boat or jet ski steps from this cute cottage which has been renovated and raised high so you have double the usable space. The underneath is completely enclosed and ready for fun (ping pong table included). Home has newer windows, siding, flooring, kitchen and bath. This home is on owned land!

Last Listed By

Angela Serio

Ocean Beach Sales License #0125329 Listed on: 04/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,170

Year Built

  • Built in 1953

Lot Details

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

HOA Fees

  • $59 Monthly HOA Fees

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 520 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Light Fixtures
  • Blinds
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Patio

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Living room tv and personal items
  • Assessor Parcel Number 08-01109-10-00019

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,170

Year Built

Built in 1953

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: See Remarks, Other
  • Reso Association Amenities: Beach, Association, Clubhouse, Playground
  • Inclusions: AC Units, Blinds/Shades, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Cement
  • Reso Interior Features: Ceilings - Beamed
  • New Construction: No
  • Year Built: 1953
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 50 x 32
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Common Elements Clubhouse: Yes
  • Number Appliances Included A C Units: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Playground: Yes
  • Kitchen Eat-In: Yes
  • Foyer Floor - Ceramic: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Interior Ceilings - Beamed: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: Full Finished
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront Features: Other - See Remarks
  • Waterfront: No
  • Exclusions: Living room tv and personal items
  • Exterior Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 711.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 32
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 08-01109-10-00019
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5170.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 3, 2021
Sold by
Albertalli Thomas H and Albertalli Alice M
Bought by
Kosa David and Kosa Katharine Osborn
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Teresa Cunningham
Berkshire Hathaway HomeServices Fox & Roach - Princeton
List Price
$479,900
Sold Price
$500,000
Premium/Discount to List
$20,100
4.19%
Total Days on Market
14
Current Estimated Value
$653,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,576
Avg. Annual Appreciation
7.05%
Original Mortgage
$400,000
Outstanding Balance
$365,290
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$288,286

Purchase Details

Closed on
Apr 14, 1988
Bought by
Albertalli Thomas and Albertalli Alice

Range of Values:

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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
Kosa David $500,000 Title Evolution Llc
Kosa David $500,000 Title Evolution
Albertalli Thomas $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosa David $400,000
Closed Kosa David $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $500,000 +4.2% $962 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $479,900 -- $923 / 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 $6,019 $347,700 $252,000 $95,700
2023 $5,803 $347,700 $252,000 $95,700
2022 $5,803 $347,700 $252,000 $95,700
2021 $5,193 $207,300 $146,600 $60,700
2020 $5,170 $207,300 $146,600 $60,700
2019 $4,946 $207,300 $146,600 $60,700
2018 $4,880 $207,300 $146,600 $60,700
2017 $4,838 $207,300 $146,600 $60,700
2016 $4,712 $207,300 $146,600 $60,700
2015 $4,534 $150,100 $146,600 $3,500
2014 $3,125 $150,100 $146,600 $3,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22111845

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01109-10-00019