NOT LISTED FOR SALE

1 E Sherman Ave Strathmere, NJ 08248

Estimated Value: $1,796,000 - $3,133,000

4 Beds
5 Baths
2,975 Sq Ft
$795/Sq Ft Est. Value

About This Home

This home is located at 1 E Sherman Ave, Strathmere, NJ 08248 and is currently estimated at $2,365,889, approximately $795 per square foot. 1 E Sherman Ave is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
Deger William and Deger Heidi
Bought by
Vanover Jason Lee and Vanover Brittany
Current Estimated Value
$2,365,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.63%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 31, 2018
Sold by
Nolan Robert A
Bought by
Prudential Bank

Purchase Details

Closed on
Mar 3, 2008

Purchase Details

Closed on
Jul 15, 2003
Sold by
Schiavo Rita
Bought by
James Bonner Family Partnershi
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Vanover Jason Lee $2,000,000 Absecon Title
Prudential Bank -- --
-- -- --
James Bonner Family Partnershi $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanover Jason Lee $390,000
Previous Owner Vanover Jason Lee $1,500,000
Previous Owner Joseph W Gabor Vacation Qualified Person $1,120,000
Previous Owner James F Bonner Family Partnership $1,300,000
Source: Public Records

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 $22,477 $1,012,000 $440,000 $572,000
2023 $21,343 $1,012,000 $440,000 $572,000
2022 $20,625 $1,012,000 $440,000 $572,000
2021 $19,866 $1,012,000 $440,000 $572,000
2020 $19,117 $1,012,000 $440,000 $572,000
2019 $18,651 $1,012,000 $440,000 $572,000
2018 $18,165 $1,012,000 $440,000 $572,000
2017 $17,963 $1,012,000 $440,000 $572,000
2016 $18,236 $1,012,000 $440,000 $572,000
2015 $17,750 $1,012,000 $440,000 $572,000
2014 $15,763 $1,100,000 $446,900 $653,100
Source: Public Records

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