NOT LISTED FOR SALE

37 E Pelican Way Lavallette, NJ 08735

Dover Beaches North Neighborhood

Estimated Value: $705,000

2 Beds
2 Baths
560 Sq Ft
$1,259/Sq Ft Est. Value

Last Sold December 12, 2019

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

Est. 65% increase in value since last sale

Current estimated payment $4,456/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 Agent to Sell the Property

Angela Serio

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

Last Buyer's Agent

Rachel Baran

Schlosser Real Estate, Inc. License #0785099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,584

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

$8,584

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
  • Primary Bath:Shower Stall: 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
Current Estimated Value
$705,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,500
Avg. Annual Appreciation
8.88%
Original Mortgage
$220,000
Outstanding Balance
$194,341
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$510,659

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
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
-- $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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 $8,584 $471,400 $292,000 $179,400
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

  • Angela Serio

    Seller's Agent in 2019

    Angela Serio

    Ocean Beach Sales

    (908) 770-7741

    135 in this area

    151 Total Sales

    Angela Serio
    Section Image
  • Rachel Baran

    Buyer's Agent in 2019

    Rachel Baran

    Schlosser Real Estate, Inc.

    (848) 992-9149

    1 in this area

    32 Total Sales

    Rachel Baran
    Section Image

  • T

    Seller's Agent in 2017

    Thomas Buscemi

    Keller Williams Preferred Properties, Ship Bottom

    (609) 674-8899

    54 Total Sales

    Thomas Buscemi
    Section Image

  • N

    Seller Co-Listing Agent in 2017

    Nina Mendelson

    Keller Williams Preferred Properties, Ship Bottom

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21833206

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-06-00003

New Jersey Ocean County Lavallette 08735 Dover Beaches North

37 E Pelican Way, Lavallette, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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