NOT LISTED FOR SALE

12 Inlet Terrace Belmar, NJ 07719

Estimated Value: $2,255,145 - $2,770,000

0.37 Acre
$6,527,124 Price per Acre
16,117 Sq Ft Lot

Last Sold May 17, 2022

Last sale price $1,830,000 $696 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $14,152/month

290 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Property near a lagoon

About This Lot

As of May 2022

Incredible Inlet Terrace. Walk to town, the beach and miles of boardwalk or just jump in your boat to watch the sunset from the river or ocean. Large 79' x 209' lot with new raised bulkhead on wide area of lagoon. One of the most desirable waterfront locations on the entire Jersey Shore!

Last Agent to Sell the Property

Patrick Butera

Berkshire Hathaway HomeServices Fox & Roach - Sea Girt Listed on: 05/17/2021

Last Buyer's Agent

Patrick Butera

Shore and Country, Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,401

Lot Details

  • Lot Dimensions are 79 x 204
  • Home fronts a lagoon or estuary

Outdoor Features

  • Property near a lagoon
  • Electricity Available at Street

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Additional Features

  • Water Views
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 07-00012-0000-00006

Property Details

Property Type

Land

Est. Annual Taxes

$14,401

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Lagoon
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Lot Dimensions: 79 x 204
  • Location Middle School: Belmar
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Lagoon2: Yes
  • Special Features: None

Exterior Features

  • Waterfront: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 79 x 204
  • Parcel #: 07-00012-0000-00006

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14401.0

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
May 5, 2022
Sold by
12 Inlet Terrace Llc
Bought by
Vallario Joshua S and Vallario Orly T
Seller's Agent
Patrick Butera
Berkshire Hathaway HomeServices Fox & Roach - Sea Girt
Buyer's Agent
Patrick Butera
Shore and Country, Realtors
List Price
$2,495,000
Sold Price
$1,830,000
Premium/Discount to List
-$665,000
-26.65%
Current Estimated Value
$2,415,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,036
Avg. Annual Appreciation
8.53%
Original Mortgage
$850,000
Outstanding Balance
$711,894
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,703,142

Purchase Details

Listed on
May 12, 2015
Closed on
Jul 21, 2015
Sold by
Butera Patrick J and Butera Lidia E
Bought by
12 Inlet Terrace Llc
Seller's Agent
Meg Young
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Meg Young
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Sold Price
$1,170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%

Purchase Details

Listed on
Jul 6, 2013
Closed on
Aug 16, 2013
Sold by
Kochan Mariamig Jinx and Bediguian Mariamig Jinx
Bought by
Butera Patrick and Butera Lidia
Seller's Agent
Cynthia Curry
Ward Wight Sotheby's International Realty
Buyer's Agent
Meg Young
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Sold Price
$900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.56%
Original Mortgage
$675,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vallario Joshua S $1,830,000 Rms Title Services
Vallario Joshua S $1,830,000 Rms Title Services
12 Inlet Terrace Llc $1,170,000 Agent For Old Republic Natl
Butera Patrick $900,000 Agent For Old Republic Nati
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallario Joshua S $850,000
Closed Vallario Joshua S $850,000
Previous Owner Butera Patrick $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2022 05/17/22 Sold $1,830,000 -20.3% $696 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
10/03/2021 10/03/21 Price Changed $2,295,000 -8.0% $873 / Sq Ft
05/17/2021 05/17/21 For Sale $2,495,000 +113.2% $949 / Sq Ft
07/21/2015 07/21/15 Sold $1,170,000 +30.0% $445 / Sq Ft View Prior Sale
08/16/2013 08/16/13 Sold $900,000 -- $342 / 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 $15,579 $1,070,700 $1,060,700 $10,000
2024 $15,054 $1,070,700 $1,060,700 $10,000
2023 $15,054 $1,070,700 $1,060,700 $10,000
2022 $14,529 $1,070,700 $1,060,700 $10,000
2021 $14,529 $1,070,700 $1,060,700 $10,000
2020 $14,401 $1,070,700 $1,060,700 $10,000
2019 $14,266 $1,060,700 $1,060,700 $0
2018 $13,100 $1,060,700 $1,060,700 $0
2017 $12,781 $1,060,700 $1,060,700 $0
2016 $11,097 $580,700 $580,700 $0
2015 $11,719 $610,700 $610,700 $0
2014 $12,785 $660,700 $660,700 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Patrick Butera

    Berkshire Hathaway HomeServices Fox & Roach - Sea Girt

  • M

    Seller's Agent in 2015

    Meg Young

    BHHS Fox & Roach

    (732) 895-2295

    Meg Young
    Section Image

  • C

    Seller's Agent in 2013

    Cynthia Curry

    Ward Wight Sotheby's International Realty

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22115302

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00012-0000-00006

New Jersey Monmouth County Belmar 07719

12 Inlet Terrace, Belmar, NJ

This home is located at 12 Inlet Terrace, Belmar, NJ 07719 since 17 May 2021 and is currently estimated at $2,415,036, approximately $918 per square foot. 12 Inlet Terrace is a home located in Monmouth County with nearby schools including Belmar Elementary School, St. Rose Grammar School, and St Rose High School.

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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