NOT LISTED FOR SALE

23 Ortley Ave Lavallette, NJ 08735

Estimated Value: $1,361,000 - $2,240,000

0.12 Acre
$14,686,922 Price per Acre
5,009 Sq Ft Lot

Last Sold June 15, 2018

Last sale price $735,000

Est. 130% increase in value since last sale

Current estimated payment $9,999/month

111 Days on Market

About This Lot

As of June 2018

Cleared 50 x 100 Buildable ocean block lot in the North section of Lavallette. Owners are licensed real estate agents.

Last Agent to Sell the Property

Rita LaBrutto

Coldwell Banker Realty License #0680709 Listed on: 02/03/2018

Coldwell Banker Realty

Last Buyer's Agent

Andrea Schlosser

Schlosser Real Estate, Inc. License #8134732

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,396

Lot Details

  • Lot Dimensions are 50 x 100
  • Level Lot
  • Cleared Lot

Outdoor Features

  • Electricity Available at Street
  • Oceanside

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 16-00001-0000-00014

Property Details

Property Type

Land

Est. Annual Taxes

$5,396

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Level, Oceanside, Cleared
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Lot Dimensions: 50 x 100
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Cleared: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 16-00001-0000-00014
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5396.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2018
Closed on
Jun 13, 2018
Sold by
Labrutto Louis and Labrutto Rita
Bought by
Cusick George R and Cusick Susan S
Seller's Agent
Rita LaBrutto
Coldwell Banker Realty
Buyer's Agent
Andrea Schlosser
Schlosser Real Estate, Inc.
Sold Price
$735,000
Current Estimated Value
$1,688,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$953,996
Avg. Annual Appreciation
12.04%

Purchase Details

Closed on
Jun 2, 2004
Sold by
Smith Margaret
Bought by
Labrutto Louis and Labrutto Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,500
Interest Rate
6.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cusick George R $735,000 None Available
Labrutto Louis $742,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labrutto Louis $556,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $735,000 -- --
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 $12,524 $1,323,900 $752,500 $571,400
2024 $12,153 $1,323,900 $752,500 $571,400
2023 $11,306 $1,323,900 $752,500 $571,400
2022 $11,306 $1,323,900 $752,500 $571,400
2021 $10,935 $1,323,900 $752,500 $571,400
2020 $10,869 $1,323,900 $752,500 $571,400
2019 $5,385 $550,000 $550,000 $0
2018 $5,341 $550,000 $550,000 $0
2017 $5,396 $550,000 $550,000 $0
2016 $5,661 $622,900 $550,000 $72,900
2015 $5,537 $622,900 $550,000 $72,900
2014 $5,562 $622,900 $550,000 $72,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21804010

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00001-0000-00014