NOT LISTED FOR SALE

48 E Tide Way Lavallette, NJ 08735

Estimated Value: $571,000 - $751,000

2 Beds
1 Bath
-- Sq Ft
2,047 Sq Ft Lot

Last Sold August 15, 2019

Last sale price $427,500

Est. 61% increase in value since last sale

Current estimated payment $4,739/month

Highlights

  • Community Beach Access
  • Oceanside
  • New Kitchen
  • Basketball Court
  • Custom Home
  • Clubhouse

About This Home

As of August 2019

Sunny weather & blue skies, it's time to buy the beach house. OCEAN BLOCK in Lavallette Zip - Turn-key home in Ocean Beach 2. Owned land, private yard and off-street parking for 4 cars. Spacious layout and updated kitchen. Vaulted ceilings and storage space. UNIQUE property in this area because this home offers extra driveway space and a separate backyard area. Backyard has a paver patio, large electric awning and a ''grandfathered in'' fence. Inside offers a family room, dining room, eat-in-kitchen, 2 bedrooms, 1 bathroom, washer/dryer and central AC. Ocean Beach 2 is a fantastic association offering a private beach (beach badges included with yearly dues), clubhouse, common areas, playground and exciting activities throughout the year. Low flood insurance costs.

Last Listed By

Christina McGee

DeFelice Realty Group, LLC License #1008303 Listed on: 08/13/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,993

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50 x 41
  • Fenced

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Custom Home
  • Contemporary Architecture
  • Cottage
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Light Fixtures
  • Crawl Space
  • Home Security System

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Oceanside
  • Basketball Court
  • Patio
  • Exterior Lighting
  • Shed

Utilities

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

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 08-00940-05-00012

Community Details

Overview

  • Association fees include common area
  • Ocean Beach Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Basketball Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,993

Year Built

Built in 1950

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanside
  • Reso Association Amenities: Beach, Association, Swimming, Basketball Court, Clubhouse, Common Area, Playground
  • Reso Association Fee Includes: Common Area
  • Inclusions: Washer, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Attic Fan, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Custom, Ranch, Cottage/Bungalow, Contemporary
  • Reso Interior Features: Attic - Pull Down Stairs, Security System
  • New Construction: No
  • Year Built: 1950
  • 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
  • Common Elements Common Area: Yes
  • Fee Includes Common Area2: Yes
  • General Property Info Lot Dimensions: 50 x 41
  • General Property Info Farm: No
  • Interior Attic - Pull Down Stairs: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Common Elements Playground: Yes
  • Roof Timberline: Yes
  • Style Ranch: Yes
  • Style CottageBungalow: Yes
  • Included Attic Fan: Yes
  • Common Elements Basketball Court: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No
  • Exclusions: Personal Items
  • Exterior Features: Fence, Patio, Shed, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: 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: 597.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 41
  • Parcel #: 08-00940-05-00012
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6993.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2019
Closed on
Aug 15, 2019
Sold by
Reade Morgan E
Bought by
Letter Richard and Letter Sarah
Seller's Agent
Christina McGee
DeFelice Realty Group, LLC
Buyer's Agent
Anna Fiore
RE/MAX Revolution
Sold Price
$427,500
Current Estimated Value
$688,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,273
Avg. Annual Appreciation
8.27%
Original Mortgage
$342,000
Outstanding Balance
$239,678
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$435,547

Purchase Details

Listed on
Nov 7, 2013
Closed on
Jun 24, 2014
Sold by
Grady Judith J
Bought by
Reade Morgan E
Seller's Agent
Susan Hilyard
Real Estate, LTD
Buyer's Agent
Christina Tonzola
Real Estate, LTD
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$245,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 1999
Sold by
Pawlowski Edward
Bought by
Grady Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.73%

Purchase Details

Closed on
Oct 30, 1997
Sold by
Faber James J and Faber Ellen G
Bought by
Pawlowski Edward and Welch William

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
Letter Richard $427,500 Mid State Abstract Company
Reade Morgan E $345,000 Prestige Title Agency Inc
Grady Judith $175,000 --
Pawlowski Edward $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Letter Richard $342,000
Previous Owner Reade Morgan E $245,000
Previous Owner Grady Judith $136,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $427,500 +23.9% --
06/24/2014 06/24/14 Sold $345,000 -- $663 / 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 $10,445 $603,400 $430,000 $173,400
2023 $10,071 $603,400 $430,000 $173,400
2022 $7,177 $430,000 $430,000 $0
2021 $7,505 $299,600 $246,200 $53,400
2020 $7,472 $299,600 $246,200 $53,400
2019 $7,148 $299,600 $246,200 $53,400
2018 $7,053 $299,600 $246,200 $53,400
2017 $6,993 $299,600 $246,200 $53,400
2016 $6,810 $299,600 $246,200 $53,400
2015 $6,552 $299,600 $246,200 $53,400
2014 $6,238 $299,600 $246,200 $53,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21845421

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00940-05-00012