NOT LISTED FOR SALE

10 E Prescott Ave Strathmere, NJ 08248

Estimated Value: $3,410,822 - $3,989,000

4 Beds
4.5 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold April 11, 2024

Last sale price $3,400,000

Est. 8% increase in value since last sale

Current estimated payment $23,319/month

17 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Furnished

About This Home

As of April 2024

Embrace a life of seaside splendor in this remarkable beachfront single-family haven. Every corner of this residence emanates a sense of opulence, as luxury intertwines seamlessly with the stunning natural surroundings. The Atlantic Ocean unfurls before you, offering 360-degree vistas that are nothing short of breathtaking. Step into a world where luxury reigns supreme. When you enter the two-story foyer, you'll be enveloped by an aura of refinement and beauty. Gaze out and be captivated by the boundless ocean scenes from beyond. To the right of the entryway, convenience, and comfort unfolds. Discover a functional and stylish laundry room, a full bathroom, and an inviting room adorned with cozy bunk beds, creating a haven of relaxation. This room serves as the gateway to the lower-level deck, where the gentle ocean breeze beckons you to embrace tranquility and unwind. The second floor reveals an exquisite great room designed for ultimate comfort and enjoyment. A culinary masterpiece, the kitchen boasts a massive center island, complete with a prep sink, refrigerator drawers, high-end appliances, custom cabinetry, and stainless shelving to elevate the culinary experience. The living room, with its cathedral ceilings adorned with rustic beams, sets the stage for serenity, while the adjacent dining room features a tailored built-in bench—a space perfect for creating memories. Extend your living experience outdoors onto a deck that invites you to savor the sun-kissed shorelines. This home was designed with privacy in mind; it offers distinct levels for both master and guest bedrooms. The guest rooms on the first level, each with its own bathroom, providing convenience for visitors. Ascend to the third floor, where the spacious master suite awaits. This masterful suite has been thoughtfully designed with dual his and her closets, offering ample space for your wardrobe and belongings. Additionally, enjoy the indulgence of a private bathroom that perfectly complements the elegance of this sanctuary. Nestled just around the corner from the master suite, the rooftop deck beckons. Bask in the sunlight, savor the salty breeze, and immerse yourself in panoramic views that stretch from the sun-dappled shoreline to the endless ocean expanse. This beachfront gem offers not just a home but a masterpiece that encapsulates the essence of an extraordinary life by the ocean's edge.

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC License #0121493 Listed on: 02/09/2024

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC License #0121493 Listed on: 02/09/2024

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,536

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 100x100
  • Ocean Front

Home Design

  • Cedar Siding

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Den
  • Storage
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • <<selfCleaningOvenToken>>
  • Stove
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Intercom
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,536

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 16 To 20 Years
  • Also Includes: Blinds, Curtains, Furnished
  • Lvt Date: 02/09/2024
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Central Vacuum, Disposal, Dishwasher, Dryer, Gas Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Porch, Sidewalks
  • Siding Exterior: Cedar
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete, Stone
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Septic
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Ocean Front, Water View
  • Lot Dimensions: 100x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 5, 2024
Sold by
Moyer Stephen M and Moyer Gail L
Bought by
Alexander Harry J and Alexander Lisa
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
List Price
$3,750,000
Sold Price
$3,400,000
Premium/Discount to List
-$350,000
-9.33%
Views
118
Current Estimated Value
$3,686,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,206
Avg. Annual Appreciation
6.74%
Original Mortgage
$1,700,000
Outstanding Balance
$1,680,079
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$2,006,127

Purchase Details

Listed on
Mar 16, 2016
Closed on
May 25, 2016
Sold by
Hewes John J and Hewes Anna B
Bought by
Moyer Stephen M and Moyer Gail L
Seller's Agent
Dorothy Phillips
BERKSHIRE HATHAWAY HS FOX & ROACH oc109
List Price
$1,825,000
Sold Price
$1,600,000
Premium/Discount to List
-$225,000
-12.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Mar 22, 2002
Sold by
Artinian A Charles
Bought by
Hewes John J and Hewes Anna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$974,000
Interest Rate
6.88%

Purchase Details

Closed on
Jun 23, 1989
Sold by
Tomlin Henry and Tomlin Jeffrey
Bought by
Artinian A Charles
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
Alexander Harry J $3,400,000 Trident Land Transfer
Moyer Stephen M $1,600,000 None Available
Hewes John J $974,000 --
Artinian A Charles $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Harry J $1,700,000
Previous Owner Hewes John J $974,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $3,400,000 -9.3% --
02/09/2024 02/09/24 For Sale $3,750,000 +134.4% --
05/27/2016 05/27/16 Sold $1,600,000 -12.3% --
04/27/2016 04/27/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $1,825,000 -- --
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 $35,536 $1,600,000 $871,500 $728,500
2023 $33,744 $1,600,000 $871,500 $728,500
2022 $32,608 $1,600,000 $871,500 $728,500
2021 $31,408 $1,600,000 $871,500 $728,500
2020 $30,224 $1,600,000 $871,500 $728,500
2019 $29,488 $1,600,000 $871,500 $728,500
2018 $28,720 $1,600,000 $871,500 $728,500
2017 $28,400 $1,600,000 $871,500 $728,500
2016 $29,949 $1,662,000 $871,500 $790,500
2015 $29,151 $1,662,000 $871,500 $790,500
2014 $24,719 $1,725,000 $1,417,500 $307,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 582025

South Jersey Shore Regional MLS

APN: 11-00822-0000-00002