NOT LISTED FOR SALE

26 E Penguin Way Lavallette, NJ 08735

Estimated Value: $493,000 - $572,889

2 Beds
1 Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold October 21, 2020

Last sale price $300,000

Est. 77% increase in value since last sale

Current estimated payment $3,673/month

34 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Ceiling height of 9 feet on the main level
  • Property is near an ocean
  • Cottage
  • Patio

About This Home

As of October 2020

PRIVATE BEACH COMMUNITY - OCEAN BEACH III. Features include Central Air, Newer Roof, Windows and Siding, Granite Counter-Tops, California Closets, Tile Flooring and Outside Shower. This house is all set for year round living with baseboard heat in the living room and built-in electric wall heaters in the bedrooms. Home is located in the X Flood Zone and being sold with all indoor and outdoor furniture. Excellent rental potential ($25,000 per season), Located on Leased Land which can be a great tax write off if rented for the season.

Last Listed By

Liberto Santonastaso

Ocean Beach Sales License #1430607 Listed on: 08/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,607

Year Built

  • Built in 1957

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 50 x 32
  • Fenced

HOA Fees

  • $59 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Tile Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Property is near an ocean
  • Patio
  • Outdoor Gas Grill

Utilities

  • Central Air
  • Space Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 08-01110-13-00014

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,607

Year Built

Built in 1957

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block
  • Reso Association Amenities: Beach, Association, Clubhouse, Playground
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Grill
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Tile
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr
  • Year Built: 1957
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 50 x 32
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Common Elements Playground: Yes
  • Included Gas Grill: Yes
  • Floors Tile: Yes
  • Allowable One Cat: Yes
  • Allowable One Dog: Yes
  • Style CottageBungalow: Yes
  • Roof Sloping: Yes
  • Common Elements Beach: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Sloping, Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: Personal Items
  • Exterior Features: Fence, Patio
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Space Heater
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association Fee: 711.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 32
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 08-01110-13-00014
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6607.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
Ocean Beach Co
Bought by
Ocean Beach Co Llc
Total Days on Market
34
Current Estimated Value
$531,972

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
Ocean Beach Co Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Harvey Robert Blair $240,000
Closed Ruroede Glenn $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $300,000 -6.0% --
09/04/2020 09/04/20 Pending -- -- --
08/02/2020 08/02/20 Price Changed $319,000 -5.9% --
08/01/2020 08/01/20 For Sale $339,000 -- --
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 $7,983 $461,200 $292,000 $169,200
2023 $7,697 $461,200 $292,000 $169,200
2022 $7,697 $461,200 $292,000 $169,200
2021 $6,865 $276,900 $230,000 $46,900
2020 $6,906 $276,900 $230,000 $46,900
2019 $6,607 $276,900 $230,000 $46,900
2018 $6,518 $276,900 $230,000 $46,900
2017 $6,463 $276,900 $230,000 $46,900
2016 $6,294 $276,900 $230,000 $46,900
2015 $6,056 $276,900 $230,000 $46,900
2014 $5,765 $276,900 $230,000 $46,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22026436

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-13-00014