NOT LISTED FOR SALE

120 W Cormorant Way Lavallette, NJ 08735

Estimated Value: $645,000 - $743,747

0.04 Acre
$19,005,054 Price per Acre
1,612 Sq Ft Lot

Last Sold April 26, 2013

Last sale price $120,000

Est. 486% increase in value since last sale

Current estimated payment $4,780/month

70 Days on Market

About This Lot

As of April 2013

Vacant and cleared and ready to build on. This is a 50x32 lot in the private beach community of Ocean Beach. Lot sits across from small boat basin where you can dock a small boat or jet ski. You can build a 560 square foot house here that will possibly have a view of the clubhouse and bay. This property is owned land.

Last Listed By

Angela Serio

Ocean Beach Sales License #0125329 Listed on: 01/08/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,804

Year Built

  • 1958

Lot Details

  • Lot Dimensions are 50x32
  • Corner Lot

Property Views

  • Water Views

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • Ocean Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01109000900022

Property Details

Property Type

Land

Est. Annual Taxes

$3,804

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Other, Corner Lot, See Remarks
  • Subdivision Name: Ocean Beach
  • General Property Info Waterview: Yes
  • General Property Info Lot Dimensions: 50X32
  • Lot Description Corner Lot: Yes
  • WaterSewer Public Water on Site: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Special Features: None
  • Year Built: 1958

Exterior Features

  • Waterfront Features: Other - See Remarks
  • Waterfront: No

Lot Info

  • Lot Dimensions: 50X32
  • Parcel #: 01109000900022
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3804.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2013
Closed on
Apr 26, 2013
Sold by
Selles Kristina R
Bought by
Donoghue Dorothy A and Bolinski Linda
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$120,000
Total Days on Market
70
Current Estimated Value
$703,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,187

Purchase Details

Closed on
Aug 22, 2005
Sold by
Gelormino Lori J and Selles Kristina R
Bought by
Gelormino Lori J and Selles Kristina R

Purchase Details

Closed on
Sep 7, 2000
Sold by
Noone James
Bought by
Selles Kristina and Gelormino Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
8.07%

Purchase Details

Closed on
Dec 4, 1999
Sold by
Angellilli Donald
Bought by
Bartolomeo Adam and Bartolomeo Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.71%

Range of Values:

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Average Value
Not Available
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
Donoghue Dorothy A $120,000 None Available
Gelormino Lori J -- Coastal Title Agency Inc
Selles Kristina $139,000 --
Bartolomeo Adam $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gelormino Lori J $89,229
Previous Owner Selles Kristina $111,200
Previous Owner Bartolomeo Adam $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $120,000 -- --
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
2024 $10,580 $611,200 $367,000 $244,200
2023 $10,201 $611,200 $367,000 $244,200
2022 $10,201 $611,200 $367,000 $244,200
2021 $5,479 $220,700 $146,600 $74,100
2020 $5,504 $220,700 $146,600 $74,100
2019 $5,266 $220,700 $146,600 $74,100
2018 $5,195 $220,700 $146,600 $74,100
2017 $5,151 $220,700 $146,600 $74,100
2016 $5,017 $220,700 $146,600 $74,100
2015 $4,827 $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: 21300774

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01109-09-00022