NOT LISTED FOR SALE

1202 Oceanfront Lavallette, NJ 08735

Estimated Value: $2,337,000 - $3,804,000

5 Beds
2 Baths
-- Sq Ft
7,144 Sq Ft Lot

Last Sold August 30, 2013

Last sale price $1,100,000

Est. 190% increase in value since last sale

Current estimated payment $19,583/month

Highlights

  • Ocean Front
  • Deck
  • Shed
  • Beach Access
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of August 2013

CAFRA APPROVED for approximately 5,000 sq.ft. house & additional 1,500 sq.ft. of deck. Magnificent views from this 2 family home on 50 x 140 lot. Enjoy now or build your spectacular dream home. Great rental history. Now is the time to buy in Lavallette with its low taxes and small beach town atmosphere. Sandy survivor-just installed new deck and a/c units. View virtual floor plan & see attached survey.

Last Agent to Sell the Property

Kim McGovern

Schlosser Real Estate, Inc. License #0342066 Listed on: 07/08/2013

Co-Listed By

Philomena Pantano

Schlosser Real Estate, Inc. License #0335612

Last Buyer's Agent

Karyn Wejnert

Schlosser Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,366

Year Built

  • 2014

Lot Details

  • Lot Dimensions are 50 x 140
  • Ocean Front

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1 Fireplace
  • Ocean Views
  • Crawl Space
  • Storm Doors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Deck
  • Shed

Schools

  • Lavallette Elementary School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 000130000000050002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,366

Year Built

2014

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Oceanfront
  • Co List Office Mls Id: 1401
  • Co List Office Phone: 732-793-7755
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 50 X 140
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • General Property Info # Parking Spaces: 3.0
  • Exterior Ocean View: Yes
  • Exterior Shed3: Yes
  • Exterior Beach Access2: Yes
  • Special Features: None
  • Year Built (Public Record): 2014

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Exterior Features: Deck, Storm Door(s), Beach Access, Ocean View

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

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

Lot Info

  • Lot Dimensions: 50 X 140
  • Parcel #: 000130000000050002

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 13366.0
  • Tax Other Annual Assessment Amount: 1790478.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Lavallette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2014
Sold by
M G C Development Llc
Bought by
Lava 1202 Llc
Current Estimated Value
$3,186,055

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 29, 2013
Sold by
400 Plainfield Realty Inc
Bought by
Mgc Developments Llc
Seller's Agent
Kim McGovern
Schlosser Real Estate, Inc.
Buyer's Agent
Karyn Wejnert
Schlosser Real Estate, Inc.
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$4,000,000
Interest Rate
1.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 13, 2007
Sold by
Campana Darryl S
Bought by
400 Plainfield Realty Inc

Purchase Details

Closed on
Aug 25, 1999
Sold by
Campana Paul V and Campana Darryl S
Bought by
Campana Darryl S
Source: Public Records

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
Lava 1202 Llc $2,500,000 Agent For Chicago Title Ins
Mgc Developments Llc $1,100,000 None Available
400 Plainfield Realty Inc -- None Available
Campana Darryl S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mgc Development Llc $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $1,100,000 -- --
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 $21,187 $2,308,000 $1,418,000 $890,000
2023 $19,710 $2,308,000 $1,418,000 $890,000
2022 $19,710 $2,308,000 $1,418,000 $890,000
2021 $19,012 $2,301,700 $1,418,000 $883,700
2020 $18,897 $2,301,700 $1,418,000 $883,700
2019 $19,320 $1,973,400 $1,338,400 $635,000
2018 $19,162 $1,973,400 $1,338,400 $635,000
2017 $19,359 $1,973,400 $1,338,400 $635,000
2016 $18,728 $1,973,400 $1,338,400 $635,000
2015 $18,333 $1,338,400 $1,338,400 $0
2014 $13,825 $1,481,800 $1,338,400 $143,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kim McGovern

    Schlosser Real Estate, Inc.

    (732) 500-5921

    3 in this area

    16 Total Sales

    Kim McGovern
    Section Image

  • P

    Seller Co-Listing Agent in 2013

    Philomena Pantano

    Schlosser Real Estate, Inc.

    (732) 793-7755

    1 in this area

    11 Total Sales

    Philomena Pantano
    Section Image

  • K

    Buyer's Agent in 2013

    Karyn Wejnert

    Schlosser Real Estate, Inc.

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21319021

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00013-0000-00005-02

New Jersey Ocean County Lavallette 08735

1202 Oceanfront, Lavallette, NJ

This home is located at 1202 Oceanfront, Lavallette, NJ 08735 since 08 July 2013 and is currently estimated at $3,186,055. This property was built in 2014. 1202 Oceanfront is a home located in Ocean County with nearby schools including Lavallette Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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