NOT LISTED FOR SALE

37 E Pelican Way Lavallette, NJ 08735

Estimated Value: $762,000

2 Beds
2 Baths
560 Sq Ft
$1,361/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $427,500 $763 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,956/month

409 Days on Market

Highlights

  • Community Beach Access
  • Oceanside
  • Loft
  • Under Construction
  • Clubhouse
  • Cottage

About This Home

As of December 2019

Price reduction! This is a rare offering: a brand-new, ocean-block home with 2 bedrooms, loft AND 2 full baths in Ocean Beach III. The loft has room for up to 4 twin beds. Also included: stainless steel appliances including dishwasher, washer/dryer hookup, wood-look ceramic tiles, granite kitchen counters, tankless hot water heater, vinyl siding and composite deck. And it's on owned land!

Last Listed By

Angela Serio

Ocean Beach Sales License #0125329 Listed on: 08/21/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,160

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 1,612

HOA Fees

  • $51 Monthly HOA Fees

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Light Fixtures
  • Loft
  • Ceramic Tile Flooring
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Parking

  • Gravel Driveway
  • Paved Parking

Utilities

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

Additional Features

  • Oceanside
  • Lot Dimensions are 50 x 32

Listing and Financial Details

  • Assessor Parcel Number 08-01110-06-00003

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,160

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$51 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanside
  • Reso Association Amenities: Beach, Association, Clubhouse, Playground
  • Inclusions: Ceiling Fan(s), Dishwasher, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Loft
  • New Construction: Yes
  • Year Built: 2018
  • Contract Info New Construction: U/C
  • 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
  • General Property Info Lot Dimensions: 50 x 32
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Playground: Yes
  • Interior Loft: Yes
  • Style CottageBungalow: Yes
  • Living Room Floor - Ceramic2: Yes
  • Common Elements Beach: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Other
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Gravel2: 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: 615.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 32
  • Parcel #: 08-01110-06-00003
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Dec 12, 2019
Sold by
Canal Lane Llc
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Rachel Baran
Schlosser Real Estate, Inc.
Sold Price
$427,500
Total Days on Market
409
Current Estimated Value
$762,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,500
Avg. Annual Appreciation
7.26%
Original Mortgage
$220,000
Outstanding Balance
$198,005
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$426,995

Purchase Details

Listed on
Oct 13, 2017
Closed on
Dec 6, 2017
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Canal Lane Llc
Seller's Agent
Thomas Buscemi
Keller Williams Preferred Properties, Ship Bottom
Buyer's Agent
Angela Serio
Birchler Realtors
Sold Price
$236,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.79%

Purchase Details

Closed on
Feb 13, 2017
Sold by
Ocean County Sheriff
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
May 9, 2000

Range of Values:

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Average Value
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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
-- $427,000 Vintage Title Services Llc
Canal Lane Llc $236,000 --
Wilmington Savings Fund Society Fsb -- Fortune Title Agency Inc
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $220,000
Previous Owner Gwiazdowski Joanne A $32,300
Previous Owner Gwiazdowski Edward $273,000
Previous Owner Gwiazdowski Joanne A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $427,500 +81.1% $763 / Sq Ft
12/15/2017 12/15/17 Sold $236,000 -- $454 / Sq Ft
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 $8,160 $471,400 $292,000 $179,400
2023 $7,868 $471,400 $292,000 $179,400
2022 $7,868 $471,400 $292,000 $179,400
2021 $7,298 $307,300 $230,000 $77,300
2020 $5,736 $230,000 $230,000 $0
2019 $5,488 $230,000 $230,000 $0
2018 $6,419 $272,700 $230,000 $42,700
2017 $6,365 $272,700 $230,000 $42,700
2016 $6,198 $272,700 $230,000 $42,700
2015 $5,964 $272,700 $230,000 $42,700
2014 $5,678 $272,700 $230,000 $42,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21833206

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-06-00003