NOT LISTED FOR SALE

21 E Penguin Way Lavallette, NJ 08735

Estimated Value: $466,000 - $596,000

2 Beds
1 Bath
480 Sq Ft
$1,139/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $335,000 $698 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,751/month

10 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Built-In Features
  • Oceanside
  • Cottage
  • Breakfast Bar

About This Home

As of November 2020

What a perfect beach cottage located only 3 houses away from the ocean. Relax and enjoy the sounds of the surf! This lovely beach home has many nice features including good sized bathroom with a spacious shower, recessed lighting, newer heat and air conditioning, dishwasher and stackable washer and dryer and built in storage. Great rental potential. Come and take part of the Ocean Beach and Bay Club with gorgeous beaches, summer activities, clubhouse, small boat basin and playground. X zone location means reasonable flood insurance rates. Leased land with write off if made available for rental.

Last Listed By

Jillian Venneman

Diane Turton, Realtors-Lavallette License #9701814 Listed on: 09/21/2020

Diane Turton, Realtors-Lavallette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,666

Year Built

  • 1952

Lot Details

  • Lot Dimensions are 50x32
  • Fenced
  • Land Lease

HOA Fees

  • $59 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Portable Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Oceanside
  • Outdoor Gas Grill

Utilities

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

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 08-0110-0014-00019

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,666

Year Built

1952

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block, Oceanside, Leased Land
  • Reso Association Amenities: Beach, Association, Clubhouse, Playground
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Counter Top Range, Dishwasher, Dryer, Microwave, Refrigerator, Gas Grill, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Ceramic Tile
  • Reso Interior Features: Built-Ins, Breakfast Bar, Recessed Lighting
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50X32
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Common Elements Playground: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Ceramic Tile3: Yes
  • Included Gas Grill: Yes
  • Allowable One Cat: Yes
  • Allowable One Dog: Yes
  • Style CottageBungalow: Yes
  • Included Counter Top Range: Yes
  • Living Room Built-Ins2: Yes
  • Lot Description Leased Land: Yes
  • Common Elements Beach: Yes
  • Special Features: None
  • Year Built: 1952

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exclusions: Personal Items
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: 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: 711.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: Yes
  • Lot Dimensions: 50X32
  • Parcel #: 08-0110-0014-00019
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6666.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Mar 22, 2018
Sold by
Edward J Patnaude Tr Llc
Bought by
Santander Bank Na
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Rafael Caridad
Keller Williams Preferred Properties,Bayville
Sold Price
$270,000
Total Days on Market
10
Current Estimated Value
$546,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,501
Avg. Annual Appreciation
9.58%
Original Mortgage
$243,000
Outstanding Balance
$212,902
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$305,940

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
Santander Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dockhorn Jeffrey $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $335,000 -6.9% $698 / Sq Ft
09/21/2020 09/21/20 For Sale $359,900 +33.3% $750 / Sq Ft
03/26/2018 03/26/18 Sold $270,000 -- $563 / 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 $7,945 $459,000 $292,000 $167,000
2023 $7,661 $459,000 $292,000 $167,000
2022 $7,661 $459,000 $292,000 $167,000
2021 $6,999 $279,400 $230,000 $49,400
2020 $6,968 $279,400 $230,000 $49,400
2019 $6,666 $279,400 $230,000 $49,400
2018 $6,577 $279,400 $230,000 $49,400
2017 $6,521 $279,400 $230,000 $49,400
2016 $6,351 $279,400 $230,000 $49,400
2015 $6,110 $279,400 $230,000 $49,400
2014 $5,817 $279,400 $230,000 $49,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22033803

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-14-00019