NOT LISTED FOR SALE

718 Morven Terrace Sea Girt, NJ 08750

Estimated Value: $5,694,000 - $6,455,000

5 Beds
5 Baths
4,144 Sq Ft
$1,471/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $3,900,000 $941 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $34,938/month

46 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Wood Flooring
  • Sea Girt Elementary School Rated A+
  • Custom Home
  • 5-minute walk to Crescent Park

About This Home

As of October 2020

Living directly on the beaches of Sea Girt is a dream for most. This is your chance to experience oceanfront residency on the south side of town situated on a 50 x 205 lot in a home that feels serene yet ready for effortless entertaining. This light filled retreat with sweeping views of the Atlantic from almost every window has 5 bedrooms, 3 baths on 3 levels of coastal living. The gracious ground floor welcomes you from the beach with a 21x24 family room, two bedrooms,1.5 baths, kitchenette and a dumb waiter for comfort. Second floor is the heart of the home ~ 10' ceilings, multiple balconies an abundance of water views with kitchen, spacious living room, powder room, master bedroom and master bath. Third floor holds two bedrooms, another full bath and sitting room. The oceanfront backyard features a patio nestled in the sand where you can forget about your day listening to the ocean and feeling the salt water breeze. Retreat...Relax...Recharge here at 718 Morven Terrace.

Last Agent to Sell the Property

Denise Dreyer

Ward Wight Sotheby's International Realty License #0675729 Listed on: 07/10/2020

Last Buyer's Agent

Marie Reed

The Gallery Residential Brokerage License #2076193

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,979

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 50 x 205
  • Beach Front

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Double-Wide Driveway
  • Paver Block
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Custom Home
  • Shore Colonial Architecture
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 4,144 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet on the upper level
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Ocean Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Portable Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

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 43-00007-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,979

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Beachfront, Oceanfront
  • Inclusions: Outdoor Lighting, Washer, Wall Oven, Window Treatments, Blinds/Shades, Counter Top Range, Dishwasher, Central Vacuum, Dryer, Light Fixtures, Microwave, Security System, Refrigerator, Garbage Disposal, Garage Door Opener, Intercom
  • Subdivision Name: None
  • Architectural Style: Custom, Shore Colonial
  • Reso Flooring: Ceramic Tile, Tile, W/W Carpet, Wood
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 2nd Flr, French Doors, Security System, Sliding Door, Breakfast Bar, Recessed Lighting
  • New Construction: No
  • Year Built: 1994
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Lot Description Oceanfront2: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.24
  • General Property Info Lot Dimensions: 50 x 205
  • General Property Info Farm: No
  • Location Middle School: Sea Girt
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room French Doors2: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Rooms Garage4: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Eat-In: Yes
  • Rooms Sitting: Yes
  • Garage Oversized: Yes
  • Style Shore Colonial: Yes
  • Included Security System2: Yes
  • Parking Paver Block: Yes
  • Floors Tile: Yes
  • Included Garbage Disposal: Yes
  • Siding Cedar: Yes
  • Included Counter Top Range: Yes
  • Exterior Security System3: Yes
  • Included Intercom: Yes
  • GreatFamily Room French Doors4: Yes
  • Dining Room French Doors3: Yes
  • Lot Description Beachfront2: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Total Bedrooms: 17
  • Stories: 3
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Features Interior:Security System: Yes
  • Appliances Included:Wall Oven: Yes
  • Appliances Included:Central Vacuum: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.24
  • Topography: Level
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Construction Type: Cedar
  • Exterior Features: Balcony, Patio, Security System, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paver Block, Double Wide Drive, Driveway, Off Street, On Street, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: 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

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Sea Girt

Lot Info

  • Lot Dimensions: 50 x 205
  • Lot Size Sq Ft: 10454.4
  • Parcel #: 43-00007-0000-00003
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 37979.0

MLS Schools

  • Elementary School: Sea Girt
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Sep 24, 2020
Sold by
Galgano Linda and Dabagian Richard George
Bought by
Gentile Salvatore and Gentile Christine
Seller's Agent
Denise Dreyer
Ward Wight Sotheby's International Realty
Buyer's Agent
Marie Reed
The Gallery Residential Brokerage
List Price
$4,600,000
Sold Price
$3,900,000
Premium/Discount to List
-$700,000
-15.22%
Current Estimated Value
$6,094,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,194,576
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Apr 22, 2019
Sold by
Dabagian Richard George and Philibosian Donna
Bought by
Dabagian Lucy B

Purchase Details

Closed on
Jun 18, 2012
Sold by
Dabagian Chris
Bought by
Dabagian Richard George

Purchase Details

Closed on
Mar 20, 2007
Sold by
As Richard G Dabagian
Bought by
Dabagian Chris and Galgano Linda
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
Gentile Salvatore $3,900,000 Trident Abstract Title
Gentile Salvatore $3,900,000 Trident Abstract Title
Dabagian Lucy B -- None Available
Dabagian Richard George -- None Available
Dabagian Chris -- --
Dabagian Chris -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $3,900,000 -15.2% $941 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $4,600,000 0.0% $1,110 / Sq Ft
07/01/2020 07/01/20 Rented $69,000 -- --
01/02/2020 01/02/20 Under Contract -- -- --
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 $29,598 $6,002,800 $4,698,400 $1,304,400
2024 $25,631 $5,747,200 $4,398,300 $1,348,900
2023 $25,631 $5,116,000 $3,798,300 $1,317,700
2022 $25,325 $4,247,800 $2,992,400 $1,255,400
2021 $37,979 $3,641,700 $2,863,600 $778,100
2020 $36,369 $5,477,300 $4,659,100 $818,200
2019 $37,979 $5,520,200 $4,659,100 $861,100
2018 $38,672 $5,712,300 $4,920,000 $792,300
2017 $35,533 $5,217,700 $4,450,000 $767,700
2016 $32,350 $4,562,700 $3,800,000 $762,700
2015 $32,892 $4,543,100 $3,800,000 $743,100
2014 $30,928 $3,919,900 $3,150,000 $769,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22023067

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 43-00007-0000-00003