NOT LISTED FOR SALE

1 W Sherman Ave Strathmere, NJ 08248

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

4 Beds
4.5 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold July 31, 2023

Last sale price $2,000,000

Est. 18% increase in value since last sale

Current estimated payment $14,877/month

6 Days on Market

Highlights

  • Water Views
  • Deck
  • Recreation Room
  • Ocean City Primary School Rated A
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of July 2023

Just in time for Summer!! Welcome to your dream getaway at the breathtaking seashore home, a sanctuary where luxury and tranquility blend harmoniously. This stunning coastal retreat boasts unparalleled elegance and an enviable location that will captivate your senses. Situated on the edge of a picturesque seashore, this magnificent residence features four meticulously designed bedrooms, each offering a cozy and inviting atmosphere. The bedrooms provide a serene escape from the outside world, adorned with tasteful decor, and ample natural light filtering through large windows. Step into the 4 1/2 immaculate bathrooms, where indulgence takes center stage. These luxurious spaces offer an oasis and you'll find yourself immersed in a spa-like experience, allowing you to rejuvenate and unwind at your leisure. Multiple decks envelop this seaside abode, offering view of the ocean. Bask in the gentle ocean breeze as you sip your morning coffee or sip a glass of wine while witnessing breathtaking sunsets. The decks serve as an extension of the living space, providing an idyllic setting for entertaining guests or simply enjoying some quiet solitude amidst the natural beauty that surrounds you. The three-car garage provides ample space to accommodate your vehicles and outdoor equipment, ensuring convenience and ease during your coastal adventures. Additionally, it offers storage options for beach essentials, bicycles, and other recreational items, allowing you to make the most of your outdoor pursuits. As sunlight dances through the windows, it reveals the home's exquisite lighting, creating an ambiance of warmth and sophistication throughout. Thoughtfully placed fixtures accentuate the architectural features, while carefully selected light sources enhance the home's aesthetic appeal, making every corner a visual delight. The open and airy floor plan seamlessly connects the various living spaces, fostering a sense of togetherness and ensuring effortless navigation throughout the home. The common areas exude a welcoming charm, with plush seating arrangements, stylish decor, and a harmonious color palette that reflects the coastal surroundings. Nestled not far from both the pristine beach and the serene bay, this coastal haven promises endless opportunities for leisure and recreation. Spend your days sunbathing on the sandy shore, swimming in the refreshing waves, or partaking in an array of water activities, such as paddleboarding, kayaking, or boating. For those seeking culinary delights, a plethora of great restaurants are conveniently located nearby, offering delectable cuisine that will please even the most discerning palates. The proximity to the beach and bay ensures a constant connection to nature's wonders, making it an idyllic retreat for those seeking a harmonious blend of relaxation and adventure. Act now!

Last Agent to Sell the Property

James Boyle

Keller Williams Realty Jersey Shore-Ocean City License #0019224 Listed on: 06/03/2023

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Meredith Exum

NEW ERA REAL ESTATE-B License #0893425

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,477

Lot Details

  • Lot Dimensions are 90x100
  • Fenced
  • Corner Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Dining Area
  • Library
  • Recreation Room
  • Storage
  • Water Views
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Shed

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,477

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Contemporary
  • Also Includes: Furnished
  • Lvt Date: 06/03/2023
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Fireplace: Gas Log
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling, Kitchen Center Island, Storage
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Laundry/Utility Room, Library/Study, Recreation/Family

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Shed
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Three Or More Cars, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural, Multi-Zoned
  • Sewer: Septic
  • Water: Public

Lot Info

  • Location: Corner, Water View
  • Lot Dimensions: 90x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Jul 31, 2023
Sold by
Deger William and Deger Heidi
Bought by
Vanover Jason Lee and Vanover Brittany
Seller's Agent
James Boyle
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Meredith Exum
NEW ERA REAL ESTATE-B
List Price
$1,990,000
Sold Price
$2,000,000
Premium/Discount to List
$10,000
0.5%
Views
83
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.
Estimated Appreciation
$365,889
Avg. Annual Appreciation
4.99%
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:

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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

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $2,000,000 +0.5% --
06/09/2023 06/09/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $1,990,000 +207.2% --
03/13/2019 03/13/19 Sold $647,800 -30.3% $218 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
08/29/2018 08/29/18 For Sale $930,000 -- $313 / Sq Ft
Source: South Jersey Shore Regional 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
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

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 574594

South Jersey Shore Regional MLS

APN: 11 00833-0000-00007- 01