NOT LISTED FOR SALE

2 Funston Rd Lavallette, NJ 08735

Estimated Value: $1,186,000 - $1,377,000

4 Beds
2 Baths
1,428 Sq Ft
$881/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $965,000 $676 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,552/month

97 Days on Market

Highlights

  • Community Beach Access
  • Bayside
  • Corner Lot
  • Parking available for a boat
  • Wood Flooring
  • Granite Countertops

About This Home

As of August 2022

Incredibly well-kept ranch on an over-sized lot nestled comfortably on prestigious West Point Island, Lavallette. Home has been updated featuring wood floors throughout, granite counters & tiled bathrooms. Fantastic location within walking distance to the West Point Island beach and docks. Outside patio with fenced in yard for summer entertainment along with a relaxing enclosed breezeway leading to very large 2-car garage. Plenty of parking on and off-street. LOW TAXES! The Lavallette love affair is a shore thing. Here is a fantastic opportunity to continue that.

Last Listed By

Stephen Krug

Birchler Realtors Listed on: 03/31/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,726

Year Built

  • 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 159
  • Fenced
  • Corner Lot
  • Oversized Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Double-Wide Driveway
  • Paver Block
  • On-Street Parking
  • Off-Street Parking
  • Parking available for a boat

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Blinds
  • Window Screens
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

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

Additional Features

  • Enclosed patio or porch
  • Bayside

Listing and Financial Details

  • Exclusions: Furniture and personal stock/decor.
  • Assessor Parcel Number 16-00968-0000-00015

Community Details

Recreation

  • Community Beach Access
  • Beach
  • Community Pool

Additional Features

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,726

Year Built

1960

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Oversized, Bayside
  • Reso Association Amenities: Beach, Association, Swimming, Common Area
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator, Screens
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Skylight
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • General Property Info Acreage: 0.18
  • General Property Info Lot Dimensions: 50 x 159
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Double Wide Drive: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Rooms Garage4: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • Style Ranch: Yes
  • Lot Description Oversized3: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Lot Description Bayside2: Yes
  • Parking Paver Block: Yes
  • Floors Tile: Yes
  • Allowable Boats: Yes
  • Common Elements Beach: Yes
  • Special Features: VirtualTour
  • Year Built (Public Record): 1960

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 11
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Skylight: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Topography: Level
  • Waterfront: No
  • Exclusions: Furniture and personal stock/decor.
  • Exterior Features: Fence, Patio, Porch - Enclosed
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paver Block, Double Wide Drive, Driveway, Off Street, On Street, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: 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 Fee: 125.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 159
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 16-00968-0000-00015
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5726.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Aug 15, 2022
Sold by
Lewis Michael L and Lewis Margaret E
Bought by
Holdren Grant and Holdren Jennifer
Seller's Agent
Stephen Krug
Birchler Realtors
Buyer's Agent
Sally Capotorto
Coldwell Banker Realty
List Price
$1,150,000
Sold Price
$965,000
Premium/Discount to List
-$185,000
-16.09%
Total Days on Market
97
Current Estimated Value
$1,258,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,631
Avg. Annual Appreciation
10.42%
Original Mortgage
$723,750
Outstanding Balance
$699,283
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$559,348

Purchase Details

Closed on
Feb 1, 1997
Sold by
Blackman David
Bought by
Lewis Margaret and Lewis Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.8%

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
Holdren Grant $965,000 Old Republic Title
Lewis Margaret $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holdren Grant $723,750
Previous Owner Lewis Margaret $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $965,000 -12.2% $676 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $1,099,500 -4.4% $770 / Sq Ft
03/31/2022 03/31/22 For Sale $1,150,000 -- $805 / 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 $6,364 $693,200 $502,000 $191,200
2023 $5,920 $693,200 $502,000 $191,200
2022 $5,920 $693,200 $502,000 $191,200
2021 $5,301 $693,200 $502,000 $191,200
2020 $5,691 $693,200 $502,000 $191,200
2019 $5,522 $564,000 $445,000 $119,000
2018 $5,476 $564,000 $445,000 $119,000
2017 $5,533 $564,000 $445,000 $119,000
2016 $5,352 $564,000 $445,000 $119,000
2015 $5,240 $564,000 $445,000 $119,000
2014 $5,262 $528,300 $445,000 $83,300
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22209035

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00968-0000-00015