NOT LISTED FOR SALE

121 W Tarpon Way Lavallette, NJ 08735

Estimated Value: $739,000 - $803,000

2 Beds
1.5 Baths
560 Sq Ft
$1,387/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $775,000 $1,384 Per Sq Ft

Current estimated payment $5,182/month

2 Days on Market

Highlights

  • Cottage
  • Outdoor Storage
  • 1-Story Property
  • Tankless Water Heater
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

ABSOLUTELY STUNNING OCEAN BEACH UNIT 3 COTTAGE - Built in 2023 on owned land with 2 bedrooms and 1 1/2 bathrooms. Features include: Custom Therma-Tru front door, Tankless Hot Water Heater, Interior Walls insulated for Sound and Privacy, Quartz Countertops, Picture Frame Trex Decking, Azek wrapped pilings, 42'' Kitchen Cabinets, 36'' Viking Built-In Refrigerator, Wi-Fi Enabled Samsung Slide-In Oven, LG Washer and Dryer, 18'' Space Saver Dishwasher, loft for storage, Sun Drenched Lower Deck with upper deck for grilling. Built-In Medicine Cabinets, Hot/Cold Outdoor Faucets, Ground Level Walk-In Storage Closets for your bikes, Surfboards and much more. Come be a part of this Beach to Bay Community !!!

Last Listed By

Liberto Santonastaso

Ocean Beach Sales License #1430607 Listed on: 08/16/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,467

Year Built

  • Built in 2023

Lot Details

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

HOA Fees

  • $66 Monthly HOA Fees

Home Design

  • Cottage
  • Pitched Roof
  • Piling Construction

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • Ocean Beach Subdivision

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 08-01109-03-00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,467

Year Built

Built in 2023

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Year Built: 2023
  • 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
  • Exterior Storage: Yes
  • WaterSewer Public Water: Yes
  • Style CottageBungalow: Yes
  • Roof Sloping: Yes
  • Basement Piling: Yes
  • Special Features: 4098

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Sloping
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: Personal Items
  • Exterior Features: Storage
  • Foundation Details: Piling

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

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: 789.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 32
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 08-01109-03-00021

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Sep 6, 2023
Sold by
Keane Kevin P and Keane Frances W
Bought by
Claudio Alec and Claudio Jacqueline
Seller's Agent
Liberto Santonastaso
Ocean Beach Sales
Buyer's Agent
Liberto Santonastaso
Ocean Beach Sales
List Price
$749,000
Sold Price
$775,000
Premium/Discount to List
$26,000
3.47%
Total Days on Market
2
Views
39
Current Estimated Value
$776,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,776
Avg. Annual Appreciation
-1.01%
Original Mortgage
$620,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 24, 2021
Sold by
Cullen Peter J
Bought by
Keane Frances W and Keane Kevin P
Seller's Agent
Liberto Santonastaso
Ocean Beach Sales
Buyer's Agent
Liberto Santonastaso
Ocean Beach Sales
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.48%
Original Mortgage
$255,000
Interest Rate
3.1%

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 13, 2021
Sold by
Cullen Peter J
Bought by
Keane Kevin P and Keane Frances W
Seller's Agent
Liberto Santonastaso
Ocean Beach Sales
Buyer's Agent
Liberto Santonastaso
Ocean Beach Sales
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.1%

Purchase Details

Closed on
Jun 23, 1981
Bought by
Cullen Peter

Range of Values:

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Average Value
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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
Claudio Alec $775,000 Trident Abstract Title
Keane Kevin P $340,000 Velocity Title Group
Cullen Peter $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claudio Alec $630,000
Closed Claudio Alec $620,000
Previous Owner Keane Kevin P $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $775,000 +3.5% $1,384 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $749,000 +120.3% $1,338 / Sq Ft
11/17/2021 11/17/21 Sold $340,000 -2.6% --
10/21/2021 10/21/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $349,000 -- --
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 $9,467 $546,900 $252,000 $294,900
2023 $5,022 $252,000 $252,000 $0
2022 $5,022 $300,900 $252,000 $48,900
2021 $4,559 $182,000 $146,600 $35,400
2020 $4,539 $182,000 $146,600 $35,400
2019 $4,343 $182,000 $146,600 $35,400
2018 $4,284 $182,000 $146,600 $35,400
2017 $4,248 $182,000 $146,600 $35,400
2016 $4,137 $182,000 $146,600 $35,400
2015 $3,980 $182,000 $146,600 $35,400
2014 $3,789 $182,000 $146,600 $35,400
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22322362

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01109-03-00021