NOT LISTED FOR SALE

124 Virginia Ave Lavallette, NJ 08735

Estimated Value: $1,162,000 - $1,370,000

5 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold July 14, 2021

Last sale price $952,500

Est. 35% increase in value since last sale

Current estimated payment $7,621/month

61 Days on Market

Highlights

  • Bay View
  • Attic
  • Thermal Windows
  • Bayside
  • No HOA
  • 5-minute walk to Centennial Park Lavallette

About This Home

As of July 2021

We have multiple offers Best & final by Tuesday June 8 @ 2pm.This property is two single residential homes on one lot. It is your chance to have a quaint little home in the treasured town of Lavallette.This is an awesome opportunity finding two homes on one lot that are FEMA compliant. Both houses were lifted/renovated in 2016.This is your chance to live in one and rent the other or rent both homes for income property.Be in this property by Summer.Back house has 2 BR and one bath is being sold ready to go for summer with all furniture and appliances included.Both properties have heat for all year round living.Lavallette has a great downtown business section with many locally enjoyed businesses. It is a short ride to Point Pleasant and Seaside Boardwalks.Front 3 Bedrooms

Last Listed By

Jerry Skinner

Birchler Realtors Listed on: 06/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 1955

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Fenced

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Thermal Windows
  • Bay Window
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Bay Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Storm Doors

Parking

  • No Garage
  • Parking Available
  • Driveway
  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Outdoor Shower
  • Enclosed patio or porch
  • Exterior Lighting
  • Shed
  • Storage Shed
  • Outdoor Gas Grill

Location

  • Bayside

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-00056-0000-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,644

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayside, Fenced Area
  • Inclusions: Outdoor Lighting, Washer, Ceiling Fan(s), Dryer, Light Fixtures, Microwave, Refrigerator, Gas Grill, Gas Cooking, Intercom
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • Reso Interior Features: Attic, Attic - Other, Attic - Pull Down Stairs, Bay/Bow Window, Dec Molding, Recessed Lighting
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1955
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • General Property Info Farm: No
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Included Light Fixtures: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Exterior Storm Door(s): Yes
  • Interior BayBow Window: Yes
  • Dining Room Dec Molding4: Yes
  • Parking Concrete: Yes
  • Living Room Dec Molding3: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Kitchen Floor - Laminate2: Yes
  • Kitchen Dec Molding5: Yes
  • Lot Description Bayside2: Yes
  • ExteriorOutdoorShower: Yes
  • Included Gas Grill: Yes
  • Exterior BBQ: Yes
  • Living Room BayBow Window2: Yes
  • General Property Info # UnitsBldgs: 2.0
  • Included Intercom: Yes
  • Foyer Dec Molding2: Yes
  • Water Type Bayside: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Total Bedrooms: 14
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront Features: Bayside
  • Waterfront: No
  • Exterior Features: BBQ, Outdoor Shower, Patio, Porch - Enclosed, Shed, Storm Door(s), Thermal Window, Lighting
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Concrete, Driveway, On Street, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 16-00056-0000-00007
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4644.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Lavallette
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 14, 2021
Sold by
Strazza Donna and Elsby Donna
Bought by
Blomgren Michael and Blomgren Tracey
Seller's Agent
Jerry Skinner
Birchler Realtors
Buyer's Agent
Timothy O'Shea
Birchler Realtors
List Price
$945,000
Sold Price
$952,500
Premium/Discount to List
$7,500
0.79%
Total Days on Market
61
Current Estimated Value
$1,284,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,735
Avg. Annual Appreciation
8.01%
Original Mortgage
$317,550
Outstanding Balance
$291,471
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$992,764

Purchase Details

Closed on
Dec 13, 2013
Sold by
Elsby Peter
Bought by
Strazza Donna and Elsby Donna

Purchase Details

Closed on
Aug 6, 2003
Sold by
Perillo Ruth
Bought by
Elsby Peter and Elsby Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.46%

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
Blomgren Michael $952,550 Cb Title Group Llc
Strazza Donna $137,500 None Available
Elsby Peter $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blomgren Michael Dennis $200,000
Open Blomgren Michael $317,550
Previous Owner Elsby Peter $47,000
Previous Owner Elsby Peter $460,000
Previous Owner Perillo Ruth M $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $952,500 +3.0% --
06/10/2021 06/10/21 Pending -- -- --
06/05/2021 06/05/21 Price Changed $925,000 -2.1% --
06/04/2021 06/04/21 For Sale $945,000 0.0% --
05/24/2021 05/24/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $945,000 -- --
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 $5,192 $565,600 $375,000 $190,600
2023 $4,830 $565,600 $375,000 $190,600
2022 $4,830 $565,600 $375,000 $190,600
2021 $4,672 $565,600 $375,000 $190,600
2020 $4,644 $565,600 $375,000 $190,600
2019 $4,716 $481,700 $350,000 $131,700
2018 $4,677 $481,700 $350,000 $131,700
2017 $4,725 $481,700 $350,000 $131,700
2016 $4,571 $481,700 $350,000 $131,700
2015 $4,475 $481,700 $350,000 $131,700
2014 $4,494 $481,700 $350,000 $131,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22110742

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00056-0000-00007