NOT LISTED FOR SALE

216 The Terrace Sea Girt, NJ 08750

Estimated Value: $5,271,595 - $5,436,000

6 Beds
8 Baths
5,000 Sq Ft
$1,072/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $4,500,000 $900 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $31,095/month

119 Days on Market

Highlights

  • Ocean View
  • Lake Front
  • Cabana
  • Sea Girt Elementary School Rated A+
  • Home Theater
  • Lake On Lot

About This Home

As of September 2018

There is no other property like this. 216 The Terrace is a majestic beauty that sits quietly on the largest property along the private, cobblestoned, waterfront section of Sea Girt known as The Terrace. This stunning double-lot (110' x 206'!) maintains its stature as the highest elevation in all of Sea Girt overlooking Wreck Pond, Spring Lake, w/ gorgeous water views. Enjoy a peaceful walk along the Terrace to catch the sunrise. Later, gather your friends for a poolside cocktail. Home boasts custom finishes & exquisite details throughout. Property is a hidden oasis w/ huge pool, cabana w/ bath, outdoor kitchen & fireplace, and separate fire pit patio. Extensive landscaping & pool renovation was completed in 2016 offering a stunning backdrop to a soulful & quintessential Shore beach house!

Last Agent to Sell the Property

Gregory Rice

Coldwell Banker Realty License #0571288 Listed on: 03/30/2018

Coldwell Banker Realty

Last Buyer's Agent

Joann Roddy

C21/ Solid Gold Realty License #1435375

C21/ Solid Gold Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,795

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 110' x 206'
  • Lake Front
  • Oversized Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Custom Home
  • Wood Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Mud Room
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Dining Room
  • Home Theater
  • Den
  • Library
  • Screened Porch
  • Home Gym
  • Ocean Views
  • Home Security System
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor

Pool

  • Cabana
  • Heated In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Lake On Lot
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Play Equipment

Schools

  • Sea Girt Elementary And Middle School
  • Manasquan High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 43-00042-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,795

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Lake
  • ResoPoolFeatures: Cabana, Heated, In Ground
  • Subdivision Name: None
  • Architectural Style: Custom, Detached
  • Year Built: 2002
  • 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
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • General Property Info Lot Dimensions: 110' x 206'
  • Location Middle School: Sea Girt
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Exterior Sprinkler Under: Yes
  • Lot Description Oversized3: Yes
  • Rooms Sitting: Yes
  • Garage Oversized: Yes
  • Parking Oversized2: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior BBQ: Yes
  • Exterior Porch - Screened: Yes
  • Exterior Security System3: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Rooms Library: Yes
  • Pool Cabana: Yes
  • Roof Wood3: Yes
  • Rooms Exercise Room2: Yes
  • Exercise Room Level Basement30: Yes
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Total Bedrooms: 17
  • Stories: 2
  • Basement Finished: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Den2: Yes
  • OtherRoomsOther2: Yes
  • Other Rooms:Media Room: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Wood
  • Waterfront Features: Lake, Oceanview
  • Waterfront: Yes
  • Exterior Features: Balcony, BBQ, Outdoor Shower, Patio, Porch - Open, Porch - Screened, Security System, Sprinkler Under, Swimming, Swingset, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Off Street, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Sea Girt

Lot Info

  • Lot Dimensions: 110' x 206'
  • Parcel #: 43-00042-0000-00013

MLS Schools

  • Elementary School: Sea Girt
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Sep 27, 2018
Sold by
Carlesimo Coryg and Shumway Carrie
Bought by
Rose Michael I and Larned Cara
Seller's Agent
Gregory Rice
Coldwell Banker Realty
Buyer's Agent
Joann Roddy
C21/ Solid Gold Realty
Sold Price
$4,500,000
Current Estimated Value
$5,358,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,198
Avg. Annual Appreciation
2.84%
Original Mortgage
$3,375,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rose Michael I $4,500,000 Trident Abstract Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Michael I $3,263,000
Closed Rose Michael I $3,263,000
Closed Rose Michael I $3,375,000
Previous Owner Carlesimo Cory G $2,500,000
Previous Owner Carlesimo Cory G $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2018 09/27/18 Sold $4,500,000 0.0% $900 / Sq Ft
06/27/2014 06/27/14 Rented $65,000 -- --
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
2024 $22,795 $4,968,400 $2,716,600 $2,251,800
2023 $22,795 $4,549,800 $2,366,600 $2,183,200
2022 $24,050 $4,335,700 $2,230,400 $2,105,300
2021 $25,829 $3,781,500 $1,885,300 $1,896,200
2020 $26,027 $3,919,800 $2,055,000 $1,864,800
2019 $25,829 $3,754,200 $1,854,300 $1,899,900
2018 $21,945 $3,241,500 $1,727,000 $1,514,500
2017 $22,141 $3,251,300 $1,775,000 $1,476,300
2016 $22,128 $3,121,000 $1,635,000 $1,486,000
2015 $22,231 $3,070,600 $1,605,000 $1,465,600
2014 $22,285 $2,824,500 $1,862,500 $962,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21811791

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 43-00042-0000-00013