NOT LISTED FOR SALE

1603 Newman St Belmar, NJ 07719

Estimated Value: $745,000 - $955,647

3 Beds
2 Baths
-- Sq Ft
3,223 Sq Ft Lot

Last Sold March 09, 2012

Last sale price $346,000

Est. 140% increase in value since last sale

Current estimated payment $5,113/month

33 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • Patio
  • New Kitchen
  • No HOA
  • 3-minute walk to Mitzi and Emily's Playground

About This Home

As of March 2012

Just 6 years old, this young 3Br,2BA condo alternative is priced well below assessed value for quick sale. Great location, just 4 blocks to beach. Beautiful newer construction with low maint, custom designed by architect owner. Newer energy efficient S/S appls. Pvt 2nd fl master suite w/sitting area and master bath.Large full basement for laundry, storage or possible play area. Landscaped yard with patio and 2 car driveway. Exc rental history. Enjoy more time at beach and less time repairing!

Last Agent to Sell the Property

John O Donnell

Coldwell Banker Realty License #0231345 Listed on: 12/10/2011

Last Buyer's Agent

Richard Simonsen

McNeely Agency License #8334158

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,197

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 50x132x127

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Gas Grill

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: SOME FURNITURE NEGOTIABLE
  • Assessor Parcel Number 4600010000000017

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,197

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Window Treatments, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator, Gas Grill, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Cape
  • Reso Flooring: W/W Carpet, Wood
  • Year Built: 2005
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50X132X127
  • General Property Info Farm: No
  • Location Middle School: Belmar
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Style Cape: Yes
  • Foyer Floor - Wood: Yes
  • Parking Concrete: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Included Gas Grill: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: SOME FURNITURE NEGOTIABLE
  • Exterior Features: Outdoor Shower, Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50X132X127
  • Parcel #: 4600010000000017
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 6197.0

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2022
Sold by
Michael Laterza
Bought by
Torielli John and Torielli Stefanie
Current Estimated Value
$831,412

Purchase Details

Listed on
Dec 10, 2011
Closed on
Mar 9, 2012
Sold by
Mardirossian Gregory M and Mardirossian Stacey J
Bought by
Laterza Michael and Laterza Stefanie
Seller's Agent
John O Donnell
Coldwell Banker Realty
Buyer's Agent
Richard Simonsen
McNeely Agency
Sold Price
$346,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$242,200
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2002
Sold by
Donohue Patricia
Bought by
Mardirossian Gregory and Mardirossian Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,929
Interest Rate
5.91%

Purchase Details

Closed on
Sep 28, 1999
Sold by
Clute Nancy
Bought by
Donohue Patricia and Michels Carol
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
Torielli John -- First American Title
Laterza Michael $346,000 First American Title Ins Co
Mardirossian Gregory $119,900 --
Donohue Patricia $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laterza Michael $242,200
Previous Owner Mardirossian Gregory $83,929
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $346,000 -- --
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 $8,252 $749,400 $578,200 $171,200
2024 $8,012 $738,800 $569,800 $169,000
2023 $8,012 $699,100 $491,700 $207,400
2022 $7,749 $654,300 $455,700 $198,600
2021 $7,749 $535,500 $357,900 $177,600
2020 $7,092 $497,300 $294,200 $203,100
2019 $7,253 $496,100 $294,200 $201,900
2018 $7,617 $489,200 $294,600 $194,600
2017 $6,934 $408,600 $218,900 $189,700
2016 $6,957 $394,400 $208,500 $185,900
2015 $7,665 $420,000 $242,600 $177,400
2014 $5,882 $346,000 $208,800 $137,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21143900

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 46-00010-0000-00017