NOT LISTED FOR SALE

16 Inlet Terrace Belmar, NJ 07719

Estimated Value: $3,218,000 - $3,598,000

6 Beds
4.5 Baths
3,842 Sq Ft
$889/Sq Ft Est. Value

Last Sold December 06, 2013

Last sale price $1,400,000 $364 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $20,607/month

33 Days on Market

Highlights

  • Water Views
  • Heated In Ground Pool
  • Property near a lagoon
  • Docks
  • Home fronts a lagoon or estuary
  • Granite Flooring

About This Home

As of December 2013

Unbelievable Location !!!! One of The Finest Properties on the incomparable Inlet Terrace. This Home boast 6 Bedrooms , Heated In Ground Pool , docking for not 1 but 2 Boats.All This on beautyfully landscaped 100x200 lot, Run don't Walk to this Family Retreat

Last Agent to Sell the Property

Brendan Reilly

Avon Realty License #0341982 Listed on: 09/12/2013

Last Buyer's Agent

Patrick Butera

Shore and Country, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,501

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 100x203x100
  • Home fronts a lagoon or estuary

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,842 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • Bay Window
  • Sliding Doors
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Granite
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Available
  • Paved Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Pool is Self Cleaning
  • Vinyl Pool

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Docks
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: DINING ROOM CHANDELIER AND SWINGSETS
  • Assessor Parcel Number 00012000000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,501

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lagoon
  • ResoPoolFeatures: Heated, In Ground, Self Cleaner, Vinyl
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Wood
  • Reso Interior Features: Bonus Room, Built-Ins, Ceilings - 9Ft+ 1st Flr, Dec Molding, Sliding Door, Recessed Lighting
  • New Construction: No
  • Year Built: 1930
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Pool Heated3: Yes
  • General Property Info Lot Dimensions: 100X203X100
  • Location Middle School: Belmar
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 3.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Living Room Fireplace - Gas7: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Parking Concrete: Yes
  • Pool Vinyl2: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Kitchen Floor - Wood4: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Pool Self Cleaner: Yes
  • Cooling Multi Units: Yes
  • Kitchen BayBow Window4: Yes
  • Interior Bonus Room: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Ceilings - High, Full Finished, Heated
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 3
  • Total Bedrooms: 12
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Office2: Yes
  • Other Rooms:Den2: Yes
  • Other Rooms:Study: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bath Walk-in Closet2: Yes
  • Primary Bath Floor - Marble2: Yes
  • Primary Bedroom Fireplace - Gas2: Yes
  • Primary Bedroom Floor - Marble3: Yes
  • Primary Bath Floor - Granite2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Exclusions: DINING ROOM CHANDELIER AND SWINGSETS
  • Construction Type: Aluminum Siding
  • Exterior Features: Deck, Dock, Jetski Dock, Patio, Pier Dock, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Concrete, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 100X203X100
  • Parcel #: 00012000000008

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 23501.0

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2013
Closed on
Dec 6, 2013
Sold by
Reilly James P and Reilly Jill M
Bought by
Tomae Gabriel and Tomae Andra
Seller's Agent
Brendan Reilly
Avon Realty
Buyer's Agent
Patrick Butera
Shore and Country, Realtors
Sold Price
$1,400,000
Current Estimated Value
$3,414,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,014,326
Avg. Annual Appreciation
8.13%
Original Mortgage
$900,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2008
Sold by
Reilly Jill M
Bought by
Reilly Jill M and Reilly James P
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
Tomae Gabriel $1,400,000 Acres Land Title Agency Llc
Reilly Jill M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomae Gabriel $2,130,000
Closed Tomae Gabriel $1,100,000
Closed Tomae Gabriel $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2013 12/06/13 Sold $1,400,000 -- $364 / 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 $24,030 $1,709,100 $1,126,700 $582,400
2023 $24,030 $1,709,100 $1,126,700 $582,400
2022 $23,126 $1,709,100 $1,126,700 $582,400
2021 $23,126 $1,709,100 $1,126,700 $582,400
2020 $22,987 $1,709,100 $1,126,700 $582,400
2019 $22,987 $1,709,100 $1,126,700 $582,400
2018 $21,107 $1,709,100 $1,126,700 $582,400
2017 $20,595 $1,709,100 $1,126,700 $582,400
2016 $20,996 $1,098,700 $646,700 $452,000
2015 $21,660 $1,128,700 $676,700 $452,000
2014 $22,808 $1,178,700 $726,700 $452,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21331676

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00012-0000-00008