$647,800
SOLD MAR 13, 2019

1 W Sherman Ave Strathmere, NJ 08248

4 Beds
4 Baths
2,975 Sq Ft
2.07 Acres

Recently Sold

$218 Per Sq Ft

30% Below List Price

138 Days on Market

Highlights

  • Water Views
  • Property is near a beach
  • Contemporary Architecture
  • Ocean City Primary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of July 2023

This home is located at 1 W Sherman Ave, Strathmere, NJ 08248 and is currently priced at $647,800, approximately $217 per square foot. This property was built in 2005. 1 W 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.

Last Agent to Sell the Property

James W. Sofroney Jr.

KELLER WILLIAMS REALTY JERSEY SHORE - SIC Listed on: 08/29/2018

KELLER WILLIAMS REALTY JERSEY SHORE  - SIC

Last Buyer's Agent

Travis Marshall

LONG & FOSTER REAL ESTATE, INC av

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,165

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 90x100
  • Corner Lot
  • Cleared Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2,975 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Den
  • Water Views
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 7.01 / 833

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,165

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Corner, Water View
  • District Township: 11-Upper Township
  • Near: Beach & Bay
  • Estimated Year Built: 2005
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 1
  • Lot Size2: 90X100
  • Price per Sq Ft: 217.75
  • Selling Agent1: 42
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Walk in Closet, Tile Flooring
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2975
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, See Remarks

Exterior Features

  • Construction: Contemporary
  • Exterior: Vinyl
  • Outside Features: Deck, Porch, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 3 Car, Attached

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Sewer: Septic
  • Water: City

Lot Info

  • Lot Number: 7.01
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 1012000

Tax Info

  • Taxes: 18165
  • Tax Year: 2018

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
$2,367,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,051
Avg. Annual Appreciation
8.98%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,000,000 Absecon Title
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 New Conventional
Previous Owner $1,500,000 Construction
Previous Owner $1,120,000 Unknown
Previous Owner $1,300,000 Fannie Mae Freddie Mac
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: Cape May County Association of 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 $22,477 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 183713

Cape May County Association of REALTORS®

APN: 11 00833-0000-00007- 01