NOT LISTED FOR SALE

62 Channel Way Lavallette, NJ 08735

Estimated Value: $921,000 - $1,094,000

4 Beds
2.5 Baths
-- Sq Ft
1,307 Sq Ft Lot

Last Sold May 08, 2020

Last sale price $517,000

Est. 95% increase in value since last sale

Current estimated payment $6,508/month

103 Days on Market

Highlights

  • Property is near an ocean
  • Granite Countertops
  • Cottage
  • Deck
  • No HOA
  • Outdoor Shower

About This Home

As of May 2020

Newly updated Chadwick cottage with 4 bedrooms, 2 1/2 baths, just steps to the beach. New kitchen with SS appliances and granite counter top. Open living/dining/kitchen on first level with new flooring throughout. Relax on the front porch or take a short walk to the beach. Master bedroom with bath on suite, 3 more bedrooms and a full bath on the second level. Room for the whole family! Enjoy your time here or offer for rent in this very desirable community. Make an appointment today!

Last Listed By

Patricia Hallock

Chadwick Sales & Rentals LLC License #0784985 Listed on: 11/02/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,826

Year Built

  • Built in 1943

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 50 x 30

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Property is near an ocean
  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Chadwick Bch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-00921-06-00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,826

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: Chadwick Bch
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Linoleum/Vinyl
  • Year Built: 1943
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.03
  • General Property Info Lot Dimensions: 50 x 30
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Living Room Floor - Laminate3: Yes
  • ExteriorOutdoorShower: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Waterfront: No
  • Exterior Features: Deck, Outdoor Shower
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel
  • General Property Info:Garage: No
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 30
  • Lot Size Sq Ft: 1306.8
  • Parcel #: 08-00921-06-00027
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9826.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2020
Sold by
Doyle Timothy and Morris Patricia
Bought by
Gibson Edward J and Gibson Joanne
Total Days on Market
103
Current Estimated Value
$1,005,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,600
Interest Rate
3.5%
Mortgage Type
New Conventional

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
Gibson Edward J $517,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Edward J $413,600
Previous Owner Doyle Timothy D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $517,000 -4.1% --
03/12/2020 03/12/20 Pending -- -- --
02/11/2020 02/11/20 Price Changed $539,000 -2.0% --
11/30/2019 11/30/19 For Sale $549,900 -- --
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 $11,187 $646,300 $384,000 $262,300
2023 $10,787 $646,300 $384,000 $262,300
2022 $10,787 $646,300 $384,000 $262,300
2021 $10,456 $417,400 $306,500 $110,900
2020 $10,410 $417,400 $306,500 $110,900
2019 $9,959 $417,400 $306,500 $110,900
2018 $9,826 $417,400 $306,500 $110,900
2017 $9,742 $417,400 $306,500 $110,900
2016 $9,488 $417,400 $306,500 $110,900
2015 $9,129 $417,400 $306,500 $110,900
2014 $8,690 $417,400 $306,500 $110,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21944219

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00921-06-00027