NOT LISTED FOR SALE

225 N Lagoon Rd Lavallette, NJ 08735

Estimated Value: $927,000 - $1,835,000

4 Beds
3 Baths
2,242 Sq Ft
$653/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $1,125,000 $502 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,696/month

30 Days on Market

Highlights

  • Community Beach Access
  • Docks
  • Home fronts a lagoon or estuary
  • Water Views
  • Parking available for a boat
  • Property near a lagoon

About This Home

As of December 2020

Silver Beach - Lagoon-front, 4-bedroom, 3 bath home built in 2016 to the new FEMA flood requirements is elevated on pilings & offers great waterfront living. The bright & airy open floor plan boasts living room, eat-in kitchen, & dining area. Additional features include a downstairs bedroom, laundry room, large master suite w/ walk-in closet, & covered balcony. The property features large backyard, 50 ft. of water frontage, ample storage space/rec space underneath the raised home, & 2 car garage. Home is only 2.5 blocks to the beach and just steps away from community playground, bay beach, & tennis court!

Last Agent to Sell the Property

Jeffrey Childers

Childers Sotheby's Intl Realty License #0895595 Listed on: 10/04/2020

Last Buyer's Agent

Erin Pruitt

Compass New Jersey , LLC License #1536931

Compass New Jersey , LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,791

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 50 x 60
  • Home fronts a lagoon or estuary
  • Street terminates at a dead end
  • Oversized Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Double-Wide Driveway
  • Gravel Driveway
  • Off-Street Parking
  • Parking available for a boat

Home Design

  • Shore Colonial Architecture
  • Foundation Flood Vent
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,242 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Sliding Doors
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Docks
  • Balcony
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Exclusions: Personal Items. Furniture Negotiable.
  • Assessor Parcel Number 08-01087-0000-00016

Community Details

Recreation

  • Community Beach Access
  • Beach
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,791

Year Built

Built in 2016

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Dead End Street, Lagoon, Oversized
  • Reso Association Amenities: Tennis Court, Beach, Association, Playground
  • Inclusions: Outdoor Lighting, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Shore Colonial
  • Reso Flooring: Ceramic Tile, Laminate, See Remarks, Other
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Ceilings - 9Ft+ 1st Flr, Dec Molding, Sliding Door, Recessed Lighting
  • Year Built: 2016
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Kitchen Quartz: Yes
  • Exterior Balcony2: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 50 x 60
  • Interior Attic - Pull Down Stairs: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Double Wide Drive: Yes
  • Lot Description Bulkhead2: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Common Elements Playground: Yes
  • Dining Room Dec Molding4: Yes
  • Living Room Dec Molding3: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Kitchen Dec Molding5: Yes
  • Garage Oversized: Yes
  • Style Shore Colonial: Yes
  • Parking Oversized2: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Water Heater Tank: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Allowable Boats: Yes
  • Basement Flood Vent: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Flood Vent, Full, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 3
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Exclusions: Personal Items. Furniture Negotiable.
  • Exterior Features: Balcony, Dock, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Double Wide Drive, Off Street, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking:Gravel2: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 60
  • Parcel #: 08-01087-0000-00016
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 14791.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2020
Closed on
Dec 9, 2020
Sold by
Larsen Lind Scott and Larsen Anna
Bought by
Mcinroy Cheryl and Schlicht Roger
Seller's Agent
Jeffrey Childers
Childers Sotheby's Intl Realty
Buyer's Agent
Erin Pruitt
Compass New Jersey , LLC
List Price
$1,195,000
Sold Price
$1,125,000
Premium/Discount to List
-$70,000
-5.86%
Total Days on Market
30
Current Estimated Value
$1,463,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,125
Avg. Annual Appreciation
6.04%
Original Mortgage
$625,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 1989
Bought by
Larsen Larsen L and Larsen Anna
Source: Public Records

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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
Mcinroy Cheryl $1,125,000 Omega Settlement Svcs Inc
Larsen Larsen L $206,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcinroy Cheryl $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2020 12/13/20 Off Market $1,125,000 -- --
12/11/2020 12/11/20 Sold $1,125,000 -5.9% $502 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/04/2020 10/04/20 For Sale $1,195,000 -- $533 / 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 $17,296 $999,200 $405,000 $594,200
2023 $16,610 $999,200 $405,000 $594,200
2022 $16,610 $995,200 $405,000 $590,200
2021 $15,528 $619,900 $366,400 $253,500
2020 $15,460 $619,900 $366,400 $253,500
2019 $14,791 $619,900 $366,400 $253,500
2018 $14,592 $619,900 $366,400 $253,500
2017 $14,468 $619,900 $366,400 $253,500
2016 $8,328 $366,400 $366,400 $0
2015 $8,144 $372,400 $366,400 $6,000
2014 $7,753 $372,400 $366,400 $6,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22035810

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01087-0000-00016