NOT LISTED FOR SALE

Estimated Value: $595,000 - $722,000

3 Beds
1.5 Baths
1,676 Sq Ft
$387/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $670,000 $400 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,845/month

7 Days on Market

Highlights

  • Marina
  • Beach Access
  • Cape Cod Architecture
  • Water Views
  • Golf Course Community
  • Deck

About This Home

As of July 2024

HIGHEST AND BEST OFFERS DUE BY MONDAY 6/10/24 AT 8 AM
LOCATION, LOCATION, LOCATION! Welcome to 162 Terrace Avenue, a gardener's paradise with water views located in Riverside's highly desirable Terrace neighborhood. This 2-3 bedroom Cape style home is as cozy as it is charming. The first floor features an open concept feel with interconnected living room/dining room/kitchen, half bathroom and legal first bedroom that is currently utilized as a den with beautiful glass sliders that open to a new wooden deck, overlooking gardens that rival those pictured in magazines. The second floor offers two bedrooms with salt water views and a full bathroom. The finished basement offers ample additional living space including a wide open laundry/utility room and a large finished bonus room that makes an excellent option for a fourth bedroom, family room, playroom, gym, or whatever suits your needs. With a new roof, new cedar siding, new gutters, fresh exterior paint, new hot water heater, and newer appliances, there is nothing to do but move right in. Walk to any one of many neighborhood private beach access right of ways, the neighborhood Jetty for beach days, kayak launch and cookouts, or Crescent Park and Carousel. The Terrace neighborhood is a close knit beach community that makes everyday living feel like a vacation year round.

Last Agent to Sell the Property

Christy Querceto

The Q Group Realty License #REB.0019894 Listed on: 06/04/2024

Last Buyer's Agent

Matthew Tresca

Nationwide Real Estate, LTD License #RES.0020467

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,247

Year Built

  • Built in 1938

Lot Details

  • 3,920

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Family Room
  • Living Room
  • Home Office
  • Game Room
  • Storage Room
  • Utility Room
  • Water Views
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 3,920 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 008 / 03
  • Assessor Parcel Number 162TERRACEAVEPRO

Community Details

Overview

  • Terrace Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,247

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Inclusions: Property does NOT require flood insurance! Agent is related to the seller.
  • Subdivision Name: Terrace
  • Above Grade Finished Sq Ft: 1176.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1938
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Insert, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 1676.0
  • Dining Room Type: Bedroom, Family Room, Game Room, Laundry, Living Room, Office, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck, Porch, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 162TERRACEAVEPRO
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5247.0
  • Tax Block: 03
  • Tax Lot: 008
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jul 17, 2024
Sold by
Brissette Patricia J
Bought by
Palmer Mary E
Seller's Agent
Christy Querceto
The Q Group Realty
Buyer's Agent
Matthew Tresca
Nationwide Real Estate, LTD
List Price
$549,000
Sold Price
$670,000
Premium/Discount to List
$121,000
22.04%
Views
52
Current Estimated Value
$648,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,921
Avg. Annual Appreciation
-2.43%
Original Mortgage
$520,000
Outstanding Balance
$513,326
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,753

Purchase Details

Listed on
Jun 1, 2015
Closed on
Aug 6, 2015
Sold by
Mcsharry Kathleen and Mcdonnell Joseph D
Bought by
Brissette Patricia J
Seller's Agent
Diana Kryston
C-21 Butterman & Kryston
Buyer's Agent
Sherrie C21
C-21 Butterman & Kryston
List Price
$294,900
Sold Price
$280,000
Premium/Discount to List
-$14,900
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$238,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
William Larry N and William Bethany F
Bought by
Mcsharry Kathleen and Mcdonnell Joseph D

Purchase Details

Closed on
Feb 21, 1997
Sold by
Parece Marilyn R
Bought by
Williams Larry N and Williams Bethany F
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
Palmer Mary E $670,000 None Available
Palmer Mary E $670,000 None Available
Brissette Patricia J $280,000 --
Mcsharry Kathleen $284,000 --
Williams Larry N $107,000 --
Brissette Patricia J $280,000 --
Mcsharry Kathleen $284,000 --
Williams Larry N $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Mary E $520,000
Closed Palmer Mary E $520,000
Previous Owner Williams Larry N $238,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2024 07/17/24 Sold $670,000 +22.0% $400 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $549,000 +96.1% $328 / Sq Ft
08/10/2015 08/10/15 Sold $280,000 -5.1% $167 / Sq Ft View Prior Sale
07/11/2015 07/11/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $294,900 -- $176 / Sq Ft
Source: State-Wide MLS

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 $5,184 $396,600 $123,100 $273,500
2024 $5,450 $355,500 $102,600 $252,900
2023 $5,247 $355,500 $102,600 $252,900
2022 $5,539 $253,400 $81,800 $171,600
2021 $5,448 $253,400 $80,500 $172,900
2020 $5,218 $253,400 $80,500 $172,900
2019 $5,073 $253,400 $80,500 $172,900
2018 $5,304 $231,800 $89,100 $142,700
2017 $5,185 $231,800 $89,100 $142,700
2016 $5,160 $231,800 $89,100 $142,700
2015 $3,959 $172,500 $68,800 $103,700
2014 $3,959 $172,500 $68,800 $103,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1360726

State-Wide MLS

APN: EPRO-000414-000003-000008