$490,000
SOLD MAR 6, 2015

123 Magee Ave Lavallette, NJ 08735

3 Beds
2 Baths
-- Sq Ft
5,009 Sq Ft Lot

Recently Sold

118 Days on Market

Highlights

  • Water Views
  • Heating System Uses Natural Gas
  • 5-minute walk to Centennial Park Lavallette
  • No HOA

About This Home

As of July 2016

Lavallette - Quiet bayside location with lovely bay views! Current structure suffered water damage and is gutted. This property is being marketed for land value. New home will have breathtaking views of Hankins Park and north towards Lavallette Yacht Club. Full 50 x 100' lot with many new homes being constructed around it.

Last Agent to Sell the Property

Matthew Schlosser

Schlosser Real Estate, Inc. License #0017216 Listed on: 10/17/2014

Last Buyer's Agent

Andrea Schlosser

Schlosser Real Estate, Inc. License #8134732

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50x100

Parking

  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: LIST ATTACHED IN MLS
  • Assessor Parcel Number 00035000200030

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,337

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Expanded Ranch
  • Year Built: 1950
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50X100
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Style Expanded Ranch: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: LIST ATTACHED IN MLS
  • Exterior Features: Other

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:None: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50X100
  • Parcel #: 00035000200030

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4337.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jul 21, 2016
Sold by
123 Magee Ave Llc
Bought by
Caro Joseph and Caro Dina
Seller's Agent
Andrea Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Kim McGovern
Schlosser Real Estate, Inc.
Sold Price
$999,000
Current Estimated Value
$1,766,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$767,561
Avg. Annual Appreciation
6.68%

Purchase Details

Listed on
Oct 17, 2014
Closed on
Mar 2, 2015
Sold by
Hovnanian Theresa
Bought by
123 Magee Avenue Llc
Seller's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Andrea Schlosser
Schlosser Real Estate, Inc.
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.56%

Purchase Details

Closed on
May 17, 2012
Sold by
Hovnanian Peter J
Bought by
Hovnanian Theresa

Purchase Details

Closed on
Feb 24, 2004
Sold by
Hovnanian Stephen J
Bought by
Hovnanian Peter J

Purchase Details

Closed on
Jul 7, 2003
Sold by
Hovnanian Jirair
Bought by
Hovnanian Stephen and Hovnanian Peter
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 Type Sale Price Title Company
Deed $999,000 None Available
Deed $490,000 Surety Title Co
Interfamily Deed Transfer -- None Available
Deed $250,000 --
Interfamily Deed Transfer $250,000 Certified Title Agency
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $999,000 +103.9% --
03/06/2015 03/06/15 Sold $490,000 -- --
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
2025 $8,067 $852,800 $375,000 $477,800
2024 $7,829 $852,800 $375,000 $477,800
2023 $7,283 $852,800 $375,000 $477,800
2022 $7,283 $852,800 $375,000 $477,800
2021 $7,044 $852,800 $375,000 $477,800
2020 $7,001 $852,800 $375,000 $477,800
2019 $8,187 $836,300 $350,000 $486,300
2018 $8,120 $836,300 $350,000 $486,300
2017 $4,620 $470,900 $350,000 $120,900
2016 $4,469 $470,900 $350,000 $120,900
2015 $4,375 $470,900 $350,000 $120,900
2014 $4,394 $470,900 $350,000 $120,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21441408

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00035-02-00030