NOT LISTED FOR SALE

14 E Channel Way Lavallette, NJ 08735

Estimated Value: $962,000 - $1,116,000

4 Beds
2 Baths
1,210 Sq Ft
$864/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $905,000 $748 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,774/month

18 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Custom Home
  • Ocean View
  • Oceanside
  • Deck

About This Home

As of June 2023

Beautiful 3 story stucco home in the desirable beach community of Ocean Beach Unit 1. Only steps from the beach with ocean views from the amazing roof top deck, which includes a hot tub and plenty of room for outdoor dining and sun bathing. The 3rd floor also includes a den/lounge area with a built-in wet bar. Perfect for summer entertaining! This home has a sought after open concept living room and kitchen area with dishwasher, fireplace, 4 nice sized bedrooms, 2 bathrooms and washer & dryer. Plenty of room for the whole family! This one is a must see!

Last Listed By

Jessica Swartz

Ocean Beach Sales License #1757583 Listed on: 04/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,448

Year Built

  • Built in 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 50 x 25

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Custom Home
  • Rubber Roof
  • Stucco Exterior

Interior Spaces

  • 1,210 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Sliding Doors
  • Den
  • Ocean Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway with Pavers
  • Paver Block

Outdoor Features

  • Spa
  • Oceanside
  • Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Exclusions: Furniture, fireplace and all personal items.
  • Assessor Parcel Number 08-01102-05-00020

Community Details

Overview

  • Association fees include common area
  • Ocean Beach Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,448

Year Built

Built in 2006

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block, Oceanside
  • Reso Association Amenities: Beach, Association, No Pool, Common Access, Swimming
  • Reso Association Fee Includes: Common Area
  • Inclusions: Outdoor Lighting, Hot Tub, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Custom
  • Reso Interior Features: Den, Sliding Door, Wet Bar, Breakfast Bar
  • New Construction: No
  • Year Built: 2006
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Common Area2: Yes
  • General Property Info Acreage: 0.03
  • General Property Info Lot Dimensions: 50 x 25
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • ExteriorDeck: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Paver Block: Yes
  • Exterior Hot Tub2: Yes
  • Included Hot Tub3: Yes
  • SidingStucco: Yes
  • Roof Rubber Roll: Yes
  • Common Elements Beach: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 3
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Features Interior:Wet Bar: Yes

Exterior Features

  • Roof: Rubber
  • Acres: 0.03
  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: No
  • Exclusions: Furniture, fireplace and all personal items.
  • Exterior Features: Deck, Hot Tub, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paver Block, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Other
  • 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 Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 25
  • Lot Size Sq Ft: 1306.8
  • Parcel #: 08-01102-05-00020
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10448.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2023
Closed on
May 31, 2023
Sold by
Pospisil Thomas and Pospisil Arlene
Bought by
Khan Mohammed Faraz
Seller's Agent
Jessica Swartz
Ocean Beach Sales
Buyer's Agent
Sarah Caprio
Christie's International Real Estate Group
List Price
$935,000
Sold Price
$905,000
Premium/Discount to List
-$30,000
-3.21%
Total Days on Market
18
Views
36
Current Estimated Value
$1,044,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,965
Avg. Annual Appreciation
7.40%
Original Mortgage
$678,750
Outstanding Balance
$665,558
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
$372,441

Purchase Details

Closed on
Feb 25, 2005
Sold by
Sohmer Kenneth D and Sohmer Florence Z
Bought by
Pospisil Thomas and Pospisil Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

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
Khan Mohammed Faraz $905,000 Old Republic Title
Pospisil Thomas $429,000 Signature Settlement & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Mohammed Faraz $678,750
Previous Owner Pospisil Thomas E $508,000
Previous Owner Pospisil Thomas $50,000
Previous Owner Pospisil Thomas $343,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $905,000 -3.2% $748 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $935,000 -- $773 / Sq Ft
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 $10,836 $626,000 $304,000 $322,000
2023 $10,448 $626,000 $304,000 $322,000
2022 $10,448 $626,000 $304,000 $322,000
2021 $9,664 $385,800 $220,500 $165,300
2020 $9,622 $385,800 $220,500 $165,300
2019 $9,205 $385,800 $220,500 $165,300
2018 $9,082 $385,800 $220,500 $165,300
2017 $9,005 $385,800 $220,500 $165,300
2016 $8,769 $385,800 $220,500 $165,300
2015 $8,437 $385,800 $220,500 $165,300
2014 $8,032 $385,800 $220,500 $165,300
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22309154

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01102-05-00020