NOT LISTED FOR SALE

244 E Lakewood Ave Ocean Gate, NJ 08740

Estimated Value: $376,542 - $432,000

3 Beds
1 Bath
814 Sq Ft
$485/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $251,000 $308 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,485/month

9 Days on Market

Highlights

  • Community Beach Access
  • Deck
  • Granite Countertops
  • New Kitchen
  • Wood Flooring
  • No HOA

About This Home

As of September 2020

PRICED FOR SUMMER FUN!! PRIVATELY OWNED --ONE BLOCK TO WATER AND BOARDWALK--this mint condition privately owned adorable cottage has a GREAT SUMMER RENTAL HISTORY and is great for year round living-- New kitchen with granite counters and stainless steel appliances-- washer & dryer- newly refinished hardwood floors in kitchen, dining area and living room-- Just come and look it's so charming!! This gem won't last! Priced to sell quickly!!

Last Agent to Sell the Property

PATRICIA DE MARCO

Bay Coast Realty License #8638500 Listed on: 07/22/2020

Last Buyer's Agent

Jasmin Elalfy

NJ Elite Group LLC License #1863633

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,508

Year Built

  • Built in 1935

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Fenced
  • Oversized Lot

Home Design

  • Cottage
  • Shingle Roof
  • Asphalt Rolled Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Skylights
  • Track Lighting
  • Blinds
  • Dining Room
  • Storm Doors

Kitchen

  • New Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • No Garage
  • Oversized Parking
  • Gravel Driveway
  • Unpaved Parking
  • Paved Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch

Schools

  • Ocean Gate Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

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

Listing and Financial Details

  • Exclusions: STAIN GLASS WINDOW- NOT INCLUDED
  • Assessor Parcel Number 22-00041-0000-00008

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Beach
  • Tennis Courts
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,508

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: See Remarks, Other, Fenced Area, Oversized
  • Reso Association Amenities: Tennis Court, Beach, Boardwalk, Swimming, Jogging Path
  • Inclusions: Washer, Track Lighting, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Self/Con Clean, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Wood
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Skylight
  • Year Built: 1935
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 40 x 100
  • Location Middle School: Central Reg Middle
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Included BlindsShades: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Exterior Storm Door(s): Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Parking Unpaved: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • ExteriorOutdoorShower: Yes
  • Common Elements Tennis Court: Yes
  • Common Elements Jogging Path: Yes
  • Style CottageBungalow: Yes
  • SidingCedarShake: Yes
  • Included Track Lighting: Yes
  • Common Elements Beach: Yes
  • Common Elements Boardwalk: Yes
  • Energy Features:Energy Appliances: Yes
  • Energy Features:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Dirt Floor
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • 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
  • Basement:Dirt Floor: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bath:Tub: Yes
  • Primary Bath Skylight6: Yes
  • Primary Bath TRYVLTCATH2: Yes
  • Primary Bath Floor - Laminate4: Yes

Exterior Features

  • Roof: Timberline, Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exclusions: STAIN GLASS WINDOW- NOT INCLUDED
  • Construction Type: Shake Siding
  • Exterior Features: Deck, Fence, Outdoor Shower, Porch - Enclosed, Storm Door(s)
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Unpaved, Driveway, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • 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: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 22-00041-0000-00008
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3508.0

MLS Schools

  • Elementary School: Ocean Gate
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2023
Sold by
Turon Dawn
Bought by
Turon Erik and Turon Lauren
Current Estimated Value
$394,211

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 19, 2020
Sold by
Chirlo Darlene M and Dupont Darlene
Bought by
Turon Dawn
Seller's Agent
PATRICIA DE MARCO
Bay Coast Realty
Buyer's Agent
Jasmin Elalfy
NJ Elite Group LLC
List Price
$249,000
Sold Price
$251,000
Premium/Discount to List
$2,000
0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$200,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2012
Sold by
Chirlo Francis M and Chirlo Darlene M
Bought by
Chirlo Darlene M

Purchase Details

Closed on
Aug 6, 2010
Sold by
Federal National Mortgage Association
Bought by
Chirlo Frank and Chirlo Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2010
Sold by
Rubino Joseph F and Reilly Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 28, 2005
Sold by
Reilly Michael and Reilly Michael
Bought by
Reilly Michael and Rubino Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 6, 2002
Sold by
Degorgue Mary
Bought by
Reilly Michael and Reilly Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,223
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 1997
Sold by
Carroll Eleanor L and Colonese Noreen
Bought by
Degorgue Mary Ann
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
Turon Erik -- Stewart Title
Turon Dawn $250,000 Land Title
Chirlo Darlene M -- None Available
Chirlo Frank $170,000 First American Title Ins Co
Federal National Mortgage Association -- None Available
Reilly Michael -- --
Reilly Michael $115,000 --
Degorgue Mary Ann $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turon Dawn $200,000
Previous Owner Chirlo Frank $135,000
Previous Owner Rubino Joseph F $205,000
Previous Owner Reilly Michael $165,000
Previous Owner Reilly Michael $113,223
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $251,000 +0.8% $308 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $249,000 -- $306 / 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 $4,045 $261,300 $146,000 $115,300
2023 $3,727 $134,000 $60,700 $73,300
2022 $3,727 $134,000 $60,700 $73,300
2021 $3,567 $134,000 $60,700 $73,300
2020 $3,595 $134,000 $60,700 $73,300
2019 $3,508 $134,000 $60,700 $73,300
2018 $3,386 $134,000 $60,700 $73,300
2017 $3,361 $134,000 $60,700 $73,300
2016 $3,334 $134,000 $60,700 $73,300
2015 $3,758 $184,400 $100,000 $84,400
2014 $3,775 $184,400 $100,000 $84,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22024803

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00041-0000-00008