NOT LISTED FOR SALE

246 N Lagoon Rd Lavallette, NJ 08735

Estimated Value: $1,066,423 - $1,263,000

3 Beds
1 Bath
-- Sq Ft
4,051 Sq Ft Lot

Last Sold September 21, 2020

Last sale price $619,000

Est. 85% increase in value since last sale

Current estimated payment $7,556/month

110 Days on Market

Highlights

  • Water Views
  • Property near a lagoon
  • Wood Burning Stove
  • Home fronts a lagoon or estuary
  • Deck
  • Wood Flooring

About This Home

As of September 2020

Located on a wide lagoon in Normandy Shores, this 3 bedroom home features an open & airy floor plan which flows from the living room to the dining room to the kitchen. Wood burning stove in LR for extra comfort on those chilly nights. Sliding doors lead from the LR to outdoor deck overlooking the lagoon. All hardwood floors except kitchen which has laminate flooring. Hot water baseboard heat makes this home suitable for year round living, Home is being sold furnished and has been used as a summer rental income producing property.

Last Agent to Sell the Property

Sue Coddington

Ocean Ventures Realty, Inc. License #8330167 Listed on: 07/02/2020

Co-Listed By

Katherine Murray

Ocean Ventures Realty, Inc. License #0017856

Last Buyer's Agent

Beau Broadley

Robert DeFalco Realty Inc. License #1967974

Robert DeFalco Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,073

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 45 x 90
  • Home fronts a lagoon or estuary

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Sliding Doors
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Property near a lagoon
  • Bulkhead
  • Deck

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08-00919-06-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,073

Year Built

Built in 1961

Lot Details

0

HOA Fees

$42 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Lagoon
  • Reso Association Amenities: Association
  • Co List Office Mls Id: 1295
  • Co List Office Phone: 732-793-0700
  • Inclusions: Ceiling Fan(s), Dishwasher, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Laminate, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Sliding Door
  • Year Built: 1961
  • General Property Info Waterview: 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 Lot Dimensions: 45 x 90
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Lot Description Bulkhead2: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Parking Concrete: Yes
  • Style Ranch: Yes
  • Floors Laminate: Yes
  • Kitchen Floor - Laminate2: Yes
  • ExteriorOutdoorShower: Yes
  • Cooling Multi Units: Yes
  • Living Room Wood Burning Stove: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Exterior Features: Deck, Outdoor Shower
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Dimensions: 45 x 90
  • Parcel #: 08-00919-06-00012
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11073.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 13, 2020
Sold by
Beaverbrook Properties Llc
Bought by
Costello Adam and Dreyer Jessica
Seller's Agent
Sue Coddington
Ocean Ventures Realty, Inc.
Buyer's Agent
Beau Broadley
Robert DeFalco Realty Inc.
List Price
$649,900
Sold Price
$619,000
Premium/Discount to List
-$30,900
-4.75%
Total Days on Market
110
Current Estimated Value
$1,145,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,856
Avg. Annual Appreciation
14.00%
Original Mortgage
$369,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2015
Sold by
Moffet Nicole Lee and Elizabeth Mofet Lee Anne
Bought by
Beaverbrook Properties Llc
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
Costello Adam $619,000 Simplicity Title Llc
Beaverbrook Properties Llc $381,800 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costello Adam $369,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $619,000 -4.8% --
07/21/2020 07/21/20 Pending -- -- --
07/02/2020 07/02/20 Price Changed $649,900 0.0% --
07/02/2020 07/02/20 For Sale $649,900 +5.0% --
04/07/2020 04/07/20 Off Market $619,000 -- --
04/02/2020 04/02/20 For Sale $615,000 -- --
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
2024 $12,989 $750,400 $630,000 $120,400
2023 $12,524 $750,400 $630,000 $120,400
2022 $12,524 $750,400 $630,000 $120,400
2021 $11,626 $464,100 $378,200 $85,900
2020 $11,575 $464,100 $378,200 $85,900
2019 $11,073 $464,100 $378,200 $85,900
2018 $10,925 $464,100 $378,200 $85,900
2017 $10,832 $464,100 $378,200 $85,900
2016 $10,549 $464,100 $378,200 $85,900
2015 $9,900 $464,100 $378,200 $85,900
2014 $9,413 $464,100 $378,200 $85,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22011735

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00919-06-00012