NOT LISTED FOR SALE

228 Bay Beach Way Lavallette, NJ 08735

Estimated Value: $1,190,543 - $1,398,000

3 Beds
1 Bath
932 Sq Ft
$1,389/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $880,000 $944 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,561/month

6 Days on Market

Highlights

  • Water Views
  • Property near a lagoon
  • Deck
  • Home fronts a lagoon or estuary
  • New Kitchen
  • Granite Countertops

About This Home

As of December 2020

Wonderful opportunity to own a 3 bedroom waterfront home on a wide lagoon in Lavallette! Private bay beach at the end of the street with a playground. Short distance to the open bay and beach. Move in ready...newer bath and kitchen with granite countertops, stainless steel appliances. gas fireplace with brick surround. Sliders step out to newer deck, bulkhead/dock. Outdoor shower. Ocean Beach Surf Club 1 Association includes numerous beach badges for your summer enjoyment.Rental investment opportunity. Lavallette address and taxes. Truly a great location!A waterfront community to love!

Last Agent to Sell the Property

Elaine MacPhee

Crossroads Realty Inc-Berkeley Listed on: 10/10/2020

Crossroads Realty Inc-Berkeley

Last Buyer's Agent

Kathryn Judge

Weichert Realtors-Forked River License #0792514

Weichert Realtors-Forked River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,111

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40 x 105
  • Home fronts a lagoon or estuary
  • Street terminates at a dead end

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 932 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Water Views
  • Pull Down Stairs to Attic
  • Storm Doors
  • Washer

Kitchen

  • New Kitchen
  • Breakfast Bar
  • Stove
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Deck

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

Listing and Financial Details

  • Assessor Parcel Number 16-01116-01-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,111

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Dead End Street, Lagoon
  • Reso Association Amenities: Association
  • Inclusions: Washer, Blinds/Shades, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Ceramic Tile, W/W Carpet
  • Reso Interior Features: Attic - Pull Down Stairs, Skylight, Sliding Door, Breakfast Bar, Recessed Lighting
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.1
  • General Property Info Lot Dimensions: 40 x 105
  • Interior Attic - Pull Down Stairs: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included BlindsShades: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Exterior Storm Door(s): Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Siding Shingle: Yes
  • Kitchen Breakfast Cntr: Yes
  • Water Type Bulkhead: Yes
  • Foyer Floor - Ceramic: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Features Interior:Skylight: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.1
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Exterior Features: Deck, Storm Door(s)
  • Foundation Details: Slab

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel
  • General Property Info:Garage: No
  • Parking:Gravel2: 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: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 40 x 105
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 16-01116-01-00020
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5111.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Dec 8, 2020
Sold by
Grzeszczak Myron and Grzeszczak Mary Ann
Bought by
Buontempo Gregory and Buontempo Ann Marie
Seller's Agent
Elaine MacPhee
Crossroads Realty Inc-Berkeley
Buyer's Agent
Kathryn Judge
Weichert Realtors-Forked River
List Price
$875,000
Sold Price
$880,000
Premium/Discount to List
$5,000
0.57%
Current Estimated Value
$1,294,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,886
Avg. Annual Appreciation
8.33%
Original Mortgage
$0
Interest Rate
2.71%
Mortgage Type
New Conventional
Source: Public Records

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
Buontempo Gregory $880,000 Fidelity National Title
Buontempo Gregory $880,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Buontempo Gregory $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $880,000 +0.6% $944 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $875,000 -- $939 / 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
2025 $7,524 $795,300 $654,000 $141,300
2024 $7,301 $795,300 $654,000 $141,300
2023 $6,792 $795,300 $654,000 $141,300
2022 $6,792 $795,300 $654,000 $141,300
2021 $6,569 $795,300 $654,000 $141,300
2020 $6,529 $795,300 $654,000 $141,300
2019 $5,111 $522,100 $490,300 $31,800
2018 $5,070 $522,100 $490,300 $31,800
2017 $5,122 $522,100 $490,300 $31,800
2016 $4,955 $522,100 $490,300 $31,800
2015 $4,850 $522,100 $490,300 $31,800
2014 $4,871 $522,100 $490,300 $31,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22036643

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-01116-01-00020