NOT LISTED FOR SALE

1707 Oak Terrace Belmar, NJ 07719

Estimated Value: $465,000 - $513,998

4 Beds
2.5 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $1,050,000

Current estimated payment $3,008/month

202 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Wood Flooring
  • Porch
  • Laundry Room

About This Home

As of May 2024

Relish the summer of 2023 in one of the hidden gems at the Jersey Shore: Lake Como! Enter the NEW CONSTRUCTION home through your covered front porch (quintessential at the beach!) into the open living room and dining room with sliders leading to the backyard. The chef's kitchen has a walk-in pantry, double sink and large center island. You'll find an easy flow from the kitchen to the dining room, to the living room perfect for entertaining guests or connecting with your family. A powder room and full laundry complete the first floor.On the second floor you will find a large primary bedroom facing the front of the home, complete with double closets and en-suite bath with linen closet Three additional bedrooms boast ample closet space, hardwood floors, and a shared full bath. The full finished basement offers an additional 1,200 square feet of living space with 8' ceilings - perfect for the extra house guests you are sure to host once you live 4 blocks to the ocean! With multi-zone HVAC and off street parking on the paver driveway for two cars this new construction home can be yours next summer! Right now there is still time for you to pick your finishing touches!

Last Agent to Sell the Property

Katherine Reynolds

Salt and Cedar Properties, LLC License #0679991 Listed on: 09/09/2022

Last Buyer's Agent

Melissa DeSantis

Keller Williams Realty West Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,166

Year Built

  • Built in 2023

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40 x 60
  • Fenced

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Kitchen Island
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Parking

  • No Garage
  • Driveway
  • Off-Street Parking

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Appliances
  • Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 46-00011-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,166

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Wood
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 2023
  • 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
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 0.08
  • General Property Info Lot Dimensions: 40 x 60
  • Location Middle School: Belmar
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Energy Features:Energy Appliances: Yes
  • Energy Features Program Thermostat: Yes
  • Energy Features Insulated Doors: Yes
  • Energy Features Windows Energy Star Rated: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Finished, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 11
  • Stories: 1
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.08
  • Waterfront: No
  • Exterior Features: Fence, Porch - Open
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, None
  • General Property Info:Garage: No
  • 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: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 40 x 60
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 46-00011-0000-00012
  • Zoning Description: Residential, Single Family

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6166.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Jun 22, 2023
Sold by
Tolomanosi Vancho and Marth William R
Bought by
Schneck Michael and Schneck Barbara
Seller's Agent
Katherine Reynolds
Salt and Cedar Properties, LLC
Buyer's Agent
Melissa DeSantis
Keller Williams Realty West Monmouth
List Price
$625,000
Sold Price
$420,000
Premium/Discount to List
-$205,000
-32.8%
Views
108
Current Estimated Value
$489,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,499
Avg. Annual Appreciation
6.92%

Purchase Details

Listed on
Sep 9, 2022
Closed on
May 24, 2023
Sold by
Tolomanosi Vancho
Bought by
Tolomanosi Vancho and Marth William
Seller's Agent
Katherine Reynolds
Salt and Cedar Properties, LLC
Buyer's Agent
Melissa DeSantis
Keller Williams Realty West Monmouth
List Price
$625,000
Sold Price
$420,000
Premium/Discount to List
-$205,000
-32.8%
Views
108

Purchase Details

Listed on
Sep 20, 2016
Closed on
Jan 11, 2017
Sold by
Policastro James and Policastro Jennifer
Bought by
Tolomanosi Vancho and Marth William R
Seller's Agent
Richard Nagel
RE/MAX Elite
Buyer's Agent
Katherine Reynolds
Salt and Cedar Properties, LLC
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$288,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2013
Sold by
Policastro James and Policastro Jennifer
Bought by
Policastro James and Drake Policastro Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 1996
Sold by
Bailes Linda
Bought by
Syrek Richard and Steinert Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.97%
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
Schneck Michael $420,000 Rally Point Title
Tolomanosi Vancho -- None Listed On Document
Tolomanosi Vancho -- None Listed On Document
Tolomanosi Vancho $385,000 Foundation Title Llc
Policastro James -- None Available
Syrek Richard $416,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tolomanosi Vancho $288,750
Previous Owner Policastro James $270,000
Previous Owner Syrek Richard $103,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $1,050,000 +150.0% --
06/22/2023 06/22/23 Sold $420,000 0.0% $300 / Sq Ft View Prior Sale
03/31/2023 03/31/23 Pending -- -- --
03/27/2023 03/27/23 Pending -- -- --
12/08/2022 12/08/22 Off Market $420,000 -- --
09/09/2022 09/09/22 For Sale $1,100,000 +76.0% --
09/09/2022 09/09/22 For Sale $625,000 +62.3% $446 / Sq Ft
01/11/2017 01/11/17 Sold $385,000 -- $191 / 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 $4,837 $1,065,500 $549,500 $516,000
2024 -- $433,000 $433,000 $0
2023 $5,134 $448,000 $448,000 $0
2022 $6,166 $548,700 $371,700 $177,000
2021 $6,166 $426,100 $268,600 $157,500
2020 $5,618 $394,000 $240,100 $153,900
2019 $5,662 $387,300 $235,200 $152,100
2018 $6,346 $407,600 $235,200 $172,400
2017 $6,829 $402,400 $235,200 $167,200
2016 $6,853 $388,500 $225,400 $163,100
2015 $7,165 $392,600 $368,300 $24,300
2014 $5,933 $349,000 $338,300 $10,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22228605

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 46-00011-0000-00012