NOT LISTED FOR SALE

3612 Ocean Terrace Lavallette, NJ 08735

Estimated Value: $1,440,000 - $2,963,132

0.13 Acre
$18,648,695 Price per Acre
5,576 Sq Ft Lot

Last Sold November 01, 2016

Last sale price $1,200,000

Est. 99% increase in value since last sale

Current estimated payment $17,401/month

54 Days on Market

About This Lot

As of November 2016

Normandy Beach ocean front. A great place to spend your summers and weekends year round.

A wonderful and rare opportunity to build a family home to suit your needs at the beach. Enjoy sunrise when ever you want!

Lifeguarded beach and you can or bike ride to shops, restaurants, bay beach, tennis courts!

Last Listed By

Michele Marancik

Childers Sotheby's Intl Realty License #8335569 Listed on: 09/01/2016

Childers Sotheby's Intl Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,468

Year Built

  • 2019

Lot Details

  • Lot Dimensions are 40 x 139
  • Beach Front
  • Cleared Lot

Additional Features

  • Water Views
  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 08-00917-0000-00003

Property Details

Property Type

Land

Est. Annual Taxes

$17,468

Year Built

2019

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Beachfront, Cleared
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Water Type Oceanfront: Yes
  • General Property Info Lot Dimensions: 40 x 139
  • WaterSewer Public Water: Yes
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Beachfront2: Yes
  • Lot Description Cleared: Yes
  • Special Features: None
  • Year Built (Public Record): 2019

Exterior Features

  • Waterfront Features: Oceanfront
  • Waterfront: Yes

Lot Info

  • Lot Dimensions: 40 x 139
  • Parcel #: 08-00917-0000-00003
  • Zoning Description: Single Family, Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 17468.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2018
Sold by
10 2 Llc
Bought by
Moyes Christopher and Moyes Lisa
Total Days on Market
54
Current Estimated Value
$2,387,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 1, 2016
Closed on
Nov 1, 2016
Sold by
Galgano Gerald and Galgano Carol
Bought by
10 2 Llc
Seller's Agent
Michele Marancik
Childers Sotheby's Intl Realty
Buyer's Agent
Michele Marancik
Childers Sotheby's Intl Realty
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
Sep 17, 2004
Sold by
Cuddeback Lawrence C and Cuddeback Carey L
Bought by
Galgano Gerald and Galgano Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 24, 1998
Sold by
Turano Daniel and Mcgrogan Frances
Bought by
Cuddeback Lawrence C and Cuddeback Carey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,788
Interest Rate
7.12%

Range of Values:

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Average Value
Not Available
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
Moyes Christopher $3,200,000 Afram Title & Abstract
10 2 Llc $1,200,000 --
Galgano Gerald $1,750,000 --
Cuddeback Lawrence C $580,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moyes Christopher $320,000
Previous Owner Moyes Christopher $2,400,000
Previous Owner Galgano Gerald $1,000,000
Previous Owner Cuddeback Lawrence C $58,000
Previous Owner Cuddeback Lawrence C $434,788
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2016 11/01/16 Sold $1,200,000 -- --
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 $48,480 $2,800,700 $1,695,000 $1,105,700
2023 $46,140 $2,800,700 $1,695,000 $1,105,700
2022 $46,140 $2,764,500 $1,695,000 $1,069,500
2021 $40,047 $1,598,700 $798,700 $800,000
2020 $39,872 $1,598,700 $798,700 $800,000
2019 $19,057 $798,700 $798,700 $0
2018 $18,801 $798,700 $798,700 $0
2017 $18,642 $798,700 $798,700 $0
2016 $18,154 $798,700 $798,700 $0
2015 $17,468 $798,700 $798,700 $0
2014 $16,629 $798,700 $798,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21634492

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00917-0000-00003