NOT LISTED FOR SALE

9 Vance Ave Lavallette, NJ 08735

Estimated Value: $2,273,000 - $2,515,267

6 Beds
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 22, 2021

Last sale price $1,300,000

Est. 83% increase in value since last sale

Current estimated payment $13,541/month

20 Days on Market

Highlights

  • Ocean View
  • 1 Fireplace
  • Hot Water Baseboard Heater
  • Oceanside
  • 1 Car Garage

About This Home

As of March 2021

OCEAN BLOCK--ONCE IN A LIFETIME BUY!!! BEAUTIFUL 2 FAMILY HOME LOCATED IN PRESTIGIOUS LAVALLETTE- SEA SHORE COLONIAL... 3 HOUSES TO OCEAN ON THE OCEAN BLOCK!! PRICED TO SELL QUICKLY!! THE TWO FAMILY STATUS ALLOWS FOR THE FLEXIBILITY TO LIVE IN ONE UNIT AND RENT OUT THE OTHER. ENJOY THIS CLASSIC BEACH HOUSE AS IT IS... RENOVATE IT AS A TWO FAMILY OR SINGLE FAMILY. .... THIS BEAUTIFUL PROPERTY ALLOWS FOR NUMEROUS OPTIONS . INCLUDING A PERFECT LOCATION TO BUILD YOUR DREAM HOME.

Last Agent to Sell the Property

Peter Frampton

Bay Coast Realty Listed on: 01/22/2021

Last Buyer's Agent

Matthew Schlosser

Schlosser Real Estate, Inc. License #0017216

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,642

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Ocean Views
  • Dirt Floor

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Oceanside

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal Items.
  • Assessor Parcel Number 16-00008-0000-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,642

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Reso View: Waterview
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1960
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • General Property Info # Parking Spaces: 4.0
  • Special Features: None

Interior Features

  • Basement: Dirt Floor
  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 3
  • Basement:Dirt Floor: Yes

Exterior Features

  • Acres: 0.11
  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: No
  • Exclusions: Personal Items.

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 16-00008-0000-00014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9642.0
  • Tax Other Annual Assessment Amount: 1174400.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Lavallette
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 22, 2021
Sold by
Talarico Nita and Talarico Melissa
Bought by
Pallone Anthony and Pallone Maura
Seller's Agent
Peter Frampton
Bay Coast Realty
Buyer's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
List Price
$1,276,000
Sold Price
$1,300,000
Premium/Discount to List
$24,000
1.88%
Current Estimated Value
$2,374,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,074,567
Avg. Annual Appreciation
13.26%
Original Mortgage
$975,000
Outstanding Balance
$874,462
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$1,500,105

Purchase Details

Closed on
Sep 4, 2018
Sold by
Gst Trust
Bought by
Talarico Nita and Talarico Melissa

Purchase Details

Closed on
Jun 10, 1996
Sold by
Simmons H Virginia
Bought by
Talarico George F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
8.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pallone Anthony $1,300,000 Fidelity National Ttl Ins Co
Pallone Anthony $1,300,000 Fidelity National Title
Talarico Nita -- First American Title Insuran
Talarico George F $297,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pallone Anthony $975,000
Closed Pallone Anthony $975,000
Previous Owner Talarico George F $223,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $1,300,000 +1.9% --
02/11/2021 02/11/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $1,276,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $14,371 $1,519,100 $910,000 $609,100
2024 $13,945 $1,519,100 $910,000 $609,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22101986

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00008-0000-00014