NOT LISTED FOR SALE

306 Ocean Ave Lavallette, NJ 08735

Estimated Value: $1,788,000 - $3,490,000

4 Beds
2.5 Baths
-- Sq Ft
7,492 Sq Ft Lot

Last Sold September 18, 2013

Last sale price $1,722,135

Est. 45% increase in value since last sale

Current estimated payment $14,572/month

Highlights

  • Ocean Front
  • Oceanside
  • Cape Cod Architecture
  • Garage Apartment
  • New Kitchen
  • Deck

About This Home

As of September 2013

Oversized OCEANFRONT property on the boardwalk in NORTH Lavallette with LOW Taxes. Enjoy the quintessential beach home with an open floor plan. This home sits on a corner lot, with ample parking and plenty of room to enjoy back yard, side yard, or oceanfront entertainment. Additional Garage Apt. for Guests or Rental. Also note that there was NO SANDY DAMAGE. Also, rest assured that this home sits above the 8 foot ABFE for property.

Last Agent to Sell the Property

Lisa Temple

Childers Sotheby's Intl Realty Listed on: 08/22/2013

Last Buyer's Agent

Michael Skea

Ward Wight Sotheby's International Realty License #0233882

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,333

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 50 x 150
  • Ocean Front

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Heated Garage
  • Double-Wide Driveway
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Mirrored Walls
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Sun or Florida Room
  • Ocean Views
  • Storm Windows
  • Laundry Room

Kitchen

  • New Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Additional Homes

  • Separate Apartment

Schools

  • Lavallette Elementary School

Utilities

  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: ALL PERSONAL ITEMS
  • Assessor Parcel Number 00004000000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,333

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanfront, Oceanside
  • Subdivision Name: None
  • Architectural Style: Detached, Cape
  • Reso Flooring: Ceramic Tile, W/W Carpet
  • Reso Interior Features: Attic - Other, Balcony, Built-Ins, Ceilings - Beamed, Loft, Skylight, Sliding Door, Wall Mirror, Recessed Lighting
  • Year Built: 1945
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 50 X 150
  • General Property Info Farm: No
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Style Cape: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Interior Wall Mirror: Yes
  • ExteriorOutdoorShower: Yes
  • Interior Loft: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Sliding Door2: Yes
  • Cooling Multi Units: Yes
  • Rooms Loft2: Yes
  • Dining Room Sliding Door3: Yes
  • Siding Clapboard: Yes
  • Interior Ceilings - Beamed: Yes
  • Garage Apt Above Garage: Yes
  • Garage Heated2: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Rooms Separate Apartment: Yes
  • Separate Apartment Level Second38: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 14
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Slab: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom Half Bath: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Exclusions: ALL PERSONAL ITEMS
  • Construction Type: Clapboard
  • Exterior Features: Deck, Outdoor Shower, Patio, Storm Window, Lighting
  • Foundation Details: Slab

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Double Wide Drive, On Street, Heated Garage
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 X 150
  • Parcel #: 00004000000004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 13333.0

MLS Schools

  • Elementary School: Lavallette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Sep 8, 2013
Sold by
Smoot Douglas and Smoot Mary Child
Bought by
Ch Llc
Seller's Agent
Lisa Temple
Childers Sotheby's Intl Realty
Buyer's Agent
Michael Skea
Ward Wight Sotheby's International Realty
Sold Price
$1,722,135
Current Estimated Value
$2,493,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$771,120
Avg. Annual Appreciation
3.12%

Purchase Details

Closed on
May 14, 2008
Sold by
Smoot Douglas and Smoot Mary Child
Bought by
Smoot Douglas and Smoot Mary Child

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 16, 2000
Sold by
Guglielmo Thomas
Bought by
Smoot Douglas and Smoot Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.21%
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
Ch Llc $1,722,135 Agent For Old Republic Nati
Smoot Douglas $900,000 First American Title Ins Co
Smoot Douglas $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smoot Douglas $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2013 09/18/13 Sold $1,722,135 -- --
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 $16,858 $1,782,000 $1,435,000 $347,000
2024 $16,359 $1,782,000 $1,435,000 $347,000
2023 $15,218 $1,782,000 $1,435,000 $347,000
2022 $15,218 $1,782,000 $1,435,000 $347,000
2021 $14,719 $1,782,000 $1,435,000 $347,000
2020 $14,630 $1,782,000 $1,435,000 $347,000
2019 $14,732 $1,504,800 $1,284,500 $220,300
2018 $14,612 $1,504,800 $1,284,500 $220,300
2017 $14,762 $1,504,800 $1,284,500 $220,300
2016 $14,281 $1,504,800 $1,284,500 $220,300
2015 $13,980 $1,504,800 $1,284,500 $220,300
2014 $14,040 $1,504,800 $1,284,500 $220,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21304529

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00004-0000-00004