NOT LISTED FOR SALE

118 16th Ave Belmar, NJ 07719

Estimated Value: $1,643,107 - $1,994,000

4 Beds
3.5 Baths
2,477 Sq Ft
$764/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $1,300,500 $525 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,130/month

12 Days on Market

Highlights

  • Ocean View
  • Custom Home
  • Wood Flooring
  • Property is near an ocean
  • New Kitchen
  • Granite Countertops

About This Home

As of July 2020

The beach home you have been waiting for! This beautiful home built in 2015 on a BEACH BLOCK offers the complete package in the red-hot town of Belmar. As you enter you will be delighted with a sought-after open concept living space with a dual sided stone fireplace, elegant moldings throughout, and Anderson sliding doors off both the front and back of the home perfect for entertaining, relaxing and enjoying the cool summer ocean breeze. All of the boxes are checked here boasting multiple balconies, porches, decks, ocean views, private master suite w/ ensuite bath & walk-in closet, convenient 2nd level laundry room, large attached garage w/ flex space to be used like a basement for hanging out or for storage, private driveway for off-street parking, low maintenance property wine-fridge, outdoor shower, fenced in yard space, Nest smart home thermostats and more! There is also an opportunity to add a 5th Bedroom on the third floor. Great location just houses to the beach & boardwalk. Start your summer mornings right with a coffee and listen to the waves gently roll into shore. Begin your journey and create many new memories here at 118 Sixteenth. Belmar is a great area for a summer, full time or part time residence featuring an exciting downtown, train to NYC, excellent restaurants, and enjoy a drink and watch the sunset at the Marina. Virtual Tour Available @ Schedule your showing today!

Last Agent to Sell the Property

Edward James Szumski

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake Brokerage Phone: 732-859-3751 License #1644256 Listed on: 05/14/2020

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Last Buyer's Agent

Richard Davidson

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,709

Year Built

  • Built in 2015

Lot Details

  • Fenced

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Oversized Parking
  • Driveway with Pavers
  • Paver Block
  • Off-Street Parking

Home Design

  • Custom Home
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 2,477 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Wood Flooring
  • Ocean Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Outdoor Shower
  • Property is near an ocean
  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Belmar Elementary And Middle School
  • St. Rose High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 07-00150-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,709

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 732-859-3751
  • ResoLotFeatures: Ocean Block
  • Inclusions: Blinds/Shades, Ceiling Fan(s), Dishwasher, Microwave, Refrigerator, Awnings
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Interior Features: Ceilings - Beamed, Dec Molding, Sliding Door, Eat-in Kitchen
  • Year Built: 2015
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Balcony2: Yes
  • General Property Info Farm: No
  • Location Middle School: Belmar
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • ExteriorFence: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Fireplace - Gas7: Yes
  • Rooms Garage4: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Roof Timberline: Yes
  • Kitchen KitchenDine: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Parking Paver Block: Yes
  • Living Room Sliding Door2: Yes
  • Dining Room Sliding Door3: Yes
  • Included Awnings: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Interior Ceilings - Beamed: Yes
  • Dining Room Fireplace - Gas6: Yes
  • Garage Level Basement25: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished, Other
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 14
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Foyer: Yes
  • BasementOther: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Walk-in Closet2: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Exclusions: Personal Items
  • Exterior Features: Balcony, Fence, Outdoor Shower, Porch - Enclosed, Porch - Open, Lighting
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paver Block, Driveway, Off Street, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Parcel #: 07-00150-0000-00013
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10708.89

MLS Schools

  • Elementary School: Belmar
  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Jul 6, 2020
Sold by
Holinko Michael and Holinko Carla
Bought by
Lebovits Daniel and Feldman Karin
Seller's Agent
Edward James Szumski
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Richard Davidson
RE/MAX Revolution
List Price
$1,280,000
Sold Price
$1,300,500
Premium/Discount to List
$20,500
1.6%
Current Estimated Value
$1,892,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,777
Avg. Annual Appreciation
7.34%
Original Mortgage
$765,000
Outstanding Balance
$681,102
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,201,216

Purchase Details

Listed on
Jul 27, 2014
Closed on
Aug 10, 2015
Sold by
Tyler Nine Llc
Bought by
Holinko Michael and Holinko Carla
Seller's Agent
Anthony Garofalo
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Anthony Garofalo
D'Amico & McConnell Realtors
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
Jul 30, 2007
Sold by
Moran Brian and Moran Irene
Bought by
Moran Brian and Moran Irene
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
Lebovits Daniel $1,300,500 Trident Abstract Ttl Agcy Ll
Holinko Michael $800,000 Island Title
Moran Brian -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lebovits Daniel $765,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $1,300,500 +1.6% $525 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $1,280,000 +60.0% $517 / Sq Ft
08/17/2015 08/17/15 Sold $800,000 +150.0% --
07/23/2014 07/23/14 Sold $320,000 -- --
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 $13,646 $937,900 $466,000 $471,900
2024 $13,187 $937,900 $466,000 $471,900
2023 $13,187 $937,900 $466,000 $471,900
2022 $12,727 $937,900 $466,000 $471,900
2021 $12,727 $937,900 $466,000 $471,900
2020 $10,709 $796,200 $466,000 $330,200
2019 $10,709 $796,200 $466,000 $330,200
2018 $9,833 $796,200 $466,000 $330,200
2017 $9,594 $796,200 $466,000 $330,200
2016 $4,319 $226,000 $226,000 $0
2015 $10,102 $206,000 $206,000 $0
2014 $3,599 $186,000 $186,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22014850

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00150-0000-00013