NOT LISTED FOR SALE

245 N Lagoon Rd Lavallette, NJ 08735

Estimated Value: $1,314,000 - $2,052,000

4 Beds
3 Baths
2,265 Sq Ft
$741/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $470,000 $208 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $11,001/month

36 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Colonial Architecture
  • Parking available for a boat
  • Property near a lagoon
  • Balcony

About This Home

As of August 2019

Desirable location on North Lagoon Rd in Silver Beach. Three spots away from direct access to open bay! Home hasn't been touched since Sandy, so the value is in the land. Due diligence on buyer required. CO responsibility of the buyer. No warranties or representations made.

Last Agent to Sell the Property

Eric Birchler

Birchler Realtors Listed on: 06/03/2019

Last Buyer's Agent

Eric Birchler

RE/MAX at Barnegat Bay License #8934045

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,169

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 50x60
  • Home fronts a lagoon or estuary

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking available for a boat

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2,265 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Balcony

Utilities

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

Listing and Financial Details

  • Exclusions: Ipe Deck and jet ski lift excluded
  • Assessor Parcel Number 08-01087-0000-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,169

Year Built

Built in 1945

Lot Details

0

HOA Fees

$38 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Lagoon
  • Subdivision Name: None
  • Architectural Style: Colonial
  • New Construction: No
  • Year Built: 1945
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Lot Dimensions: 50x60
  • General Property Info Farm: No
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info Handicap Access: No
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Water Type Bulkhead: Yes
  • General Property Info # UnitsBldgs: 1.0
  • Allowable Elevator4: Yes
  • Allowable Boats: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Exclusions: Ipe Deck and jet ski lift excluded
  • Exterior Features: Balcony

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Dimensions: 50x60
  • Parcel #: 08-01087-0000-00006
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9169.0

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Aug 15, 2019
Sold by
Maydick Kevin J and Maydick Linda J
Bought by
Drift James and Drift Tracey
Seller's Agent
Eric Birchler
Birchler Realtors
Buyer's Agent
Eric Birchler
RE/MAX at Barnegat Bay
Sold Price
$470,000
Total Days on Market
36
Current Estimated Value
$1,679,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,209,030
Avg. Annual Appreciation
24.50%

Purchase Details

Closed on
Sep 4, 2017
Sold by
Maydick Rosemary A
Bought by
Maydick Linda J and Maydick Kevin J
Source: Public Records

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Range of Values:

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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
Drift James $470,000 Old Republic Natl Ttl Ins Co
Maydick Linda J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drift James L $500,000
Previous Owner Maydick Rosemary A $208,531
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $470,000 -- $208 / 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 $18,451 $1,065,900 $405,000 $660,900
2023 $17,790 $1,065,900 $405,000 $660,900
2022 $6,759 $405,000 $405,000 $0
2021 $9,178 $366,400 $366,400 $0
2020 $9,714 $389,500 $366,400 $23,100
2019 $9,293 $389,500 $366,400 $23,100
2018 $9,169 $389,500 $366,400 $23,100
2017 $9,091 $389,500 $366,400 $23,100
2016 $8,853 $389,500 $366,400 $23,100
2015 $8,518 $389,500 $366,400 $23,100
2014 $8,109 $389,500 $366,400 $23,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21922924

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01087-0000-00006