NOT LISTED FOR SALE

31 E Swordfish Way Lavallette, NJ 08735

Estimated Value: $518,000 - $570,000

2 Beds
1 Bath
520 Sq Ft
$1,041/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $380,000 $731 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,685/month

33 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Patio
  • Property is near an ocean
  • Cottage
  • Outdoor Grill

About This Home

As of December 2021

Renovated in 2020! Open floor plan. White shaker kitchen cabinets. Granite countertops. Tiled backsplash. Vinyl plank flooring. Central A/C. Larger bathroom. Larger main bedroom with plenty of closet space. Cedar shake vinyl siding. Great center beach location. Property is located in the X zone and will have low flood insurance rates. Home is owner occupied. Owner relocating out of state. Cannot close until Nov/Dec. Most furnishings are NOT included. Leased land.

Last Listed By

Joseph Bruno

Ocean Beach Sales License #1539440 Listed on: 07/06/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,781

Year Built

  • 1952

Lot Details

  • Land Lease

HOA Fees

  • $59 Monthly HOA Fees

Home Design

  • Cottage
  • Asphalt Rolled Roof

Interior Spaces

  • 520 Sq Ft Home
  • 1-Story Property
  • Blinds

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Property is near an ocean
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Exclusions: Personal items. Most furniture.
  • Assessor Parcel Number 370615

Community Details

Overview

  • Association fees include common area
  • Ocean Beach Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Beach Access
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,781

Year Built

1952

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block, Leased Land
  • Reso Association Amenities: Beach, Association, Clubhouse
  • Reso Association Fee Includes: Common Area
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: See Remarks, Other
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Fee Includes Common Area2: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Included BlindsShades: Yes
  • Common Elements Clubhouse: Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Roof Timberline: Yes
  • Parking Unpaved: Yes
  • Exterior BBQ: Yes
  • Allowable One Cat: Yes
  • Allowable One Dog: Yes
  • Style CottageBungalow: Yes
  • Lot Description Leased Land: Yes
  • Common Elements Beach: Yes
  • Special Features: None
  • Year Built: 1952

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No
  • Exclusions: Personal items. Most furniture.
  • Exterior Features: BBQ, Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Unpaved, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: 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 Fee: 711.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: Yes
  • Parcel #: 370615
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6781.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Dec 15, 2021
Sold by
Eppel Michele F and Eppel Darryl
Bought by
Malone John F and Malone Joann F
Seller's Agent
Joseph Bruno
Ocean Beach Sales
Buyer's Agent
Joseph Bruno
Ocean Beach Sales
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%
Total Days on Market
33
Current Estimated Value
$541,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,548
Avg. Annual Appreciation
8.93%
Original Mortgage
$300,000
Outstanding Balance
$280,964
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$227,670

Purchase Details

Closed on
Oct 5, 2021
Sold by
Ocean Beach Co
Bought by
Ocean Beach Co Llc

Purchase Details

Closed on
Sep 29, 2008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2003
Sold by
Kizima Louise
Bought by
Distefano Joseph and Di Stefano Mary Ann

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
Malone John F $380,000 Noble Title Agency Inc
Ocean Beach Co Llc -- None Available
-- $285,000 --
Distefano Joseph $4,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone John F $300,000
Previous Owner Pettorini Catherine $242,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $380,000 -3.8% $731 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $395,000 +75.6% $760 / Sq Ft
09/11/2015 09/11/15 Sold $225,000 -- --
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 $7,476 $431,900 $292,000 $139,900
2023 $7,208 $431,900 $292,000 $139,900
2022 $7,208 $431,900 $292,000 $139,900
2021 $6,811 $271,900 $230,000 $41,900
2020 $6,781 $271,900 $230,000 $41,900
2019 $6,488 $271,900 $230,000 $41,900
2018 $6,401 $271,900 $230,000 $41,900
2017 $6,346 $271,900 $230,000 $41,900
2016 $6,180 $271,900 $230,000 $41,900
2015 $5,946 $271,900 $230,000 $41,900
2014 $5,661 $271,900 $230,000 $41,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22121881

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-11-00009