NOT LISTED FOR SALE

18 Lavallette Ave Lavallette, NJ 08735

Estimated Value: $2,426,000 - $3,771,000

5 Beds
5.5 Baths
4,200 Sq Ft
$788/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $2,399,000 $571 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $18,855/month

26 Days on Market

Highlights

  • Water Views
  • Boat Lift
  • Custom Home
  • Docks
  • Home fronts a lagoon or estuary
  • Property near a lagoon

About This Home

As of July 2020

Exceptional Custom Lavallette Waterfront Home - One of the finest homes being offered at the Jersey shore. This five bedroom, five and a half bath Shingle style home offers old world charm and the amenities of today. A great home for entertaining offering generous open spaces, an expansive property with 92ft of waterfront. Located only a few blocks to the Lavallette beaches, a short distance to the Yacht Club and center of town make this the ideal location. You will also love the low taxes Lavallette offers. If you are looking for the ultimate luxury home look no further. This is truly a masterpiece in architectural design and craftsmanship.

Last Agent to Sell the Property

Lawrence Greenberg

M. Van Sciver REALTORS License #1003712 Listed on: 05/15/2020

Last Buyer's Agent

Albert Caputo

Coldwell Banker Realty License #1647011

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,145

Year Built

  • Built in 2017

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 77 x 125
  • Home fronts a lagoon or estuary

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Shore Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Boat Lift
  • Docks
  • Covered patio or porch
  • Exterior Lighting

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-00066-0000-00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,145

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Custom, Shore Colonial
  • Year Built: 2017
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.22
  • General Property Info Lot Dimensions: 77 x 125
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Water Type Lagoon: Yes
  • Style Shore Colonial: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Exterior Boat Lift: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.22
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Exterior Features: Boat Lift, Dock, Porch - Covered, Lighting
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 77 x 125
  • Lot Size Sq Ft: 9583.2
  • Parcel #: 16-00066-0000-00025

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 13145.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 26, 2020
Sold by
Chibbaro John and Chibbaro Claudia
Bought by
Access Melissa M Palmer Spousal Lifetime
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Albert Caputo
Coldwell Banker Realty
List Price
$2,399,000
Sold Price
$2,399,000
Total Days on Market
26
Current Estimated Value
$3,311,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$912,177
Avg. Annual Appreciation
6.88%
Original Mortgage
$1,593,750
Outstanding Balance
$1,431,990
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,879,187

Purchase Details

Closed on
May 25, 1983
Bought by
Chibbaro John P and Chibbaro Claudia
Source: Public Records

Similar Home in Lavallette, NJ

  • 15 Guyer Ave, Lavallette, NJ 08735

    $3,499,000

    • 5 Beds
    • 6 Baths
    • 3,218 Sq Ft
    • 15 Guyer Ave
    • Lavallette, NJ

    This stunning oceanblock Shore Colonial was custom built in 2011 & comes turn-key - fully furnished w/5-bedrooms & 6 full baths. Ideally located in the desirable North-End of Lavallette only 9 homes from the beach w/quick access to restaurants, stores, & ice cream parlors. The bright & airy open floor plan boasts living room w/home theatre system, eat-in kitchen, & dining area. Additional

    Jeffrey Childers Childers Sotheby's Intl Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Access Melissa M Palmer Spousal Lifetime $2,399,000 Belmont Ttl & Setmnt Svcs Ll
Chibbaro John P $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Access Melissa M Palmer Spousal Lifetime $1,593,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $2,399,000 0.0% $571 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $2,399,000 -- $571 / 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 $15,397 $1,677,200 $791,000 $886,200
2023 $14,323 $1,677,200 $791,000 $886,200
2022 $14,323 $1,677,200 $791,000 $886,200
2021 $13,854 $1,677,200 $791,000 $886,200
2020 $13,770 $1,677,200 $791,000 $886,200
2019 $13,145 $1,342,700 $564,000 $778,700
2018 $5,476 $564,000 $564,000 $0
2017 $5,533 $564,000 $564,000 $0
2016 $5,352 $564,000 $564,000 $0
2015 $5,413 $582,700 $564,000 $18,700
2014 $5,437 $582,700 $564,000 $18,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22015223

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00066-0000-00025