$1,600,000
SOLD MAY 27, 2016

10 E Prescott Ave Strathmere, NJ 08248

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

Recently Sold

12% Below List Price

42 Days on Market

Highlights

  • Beach Front
  • Deck
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of April 2024

BEACH FRONT. Urban meets "Bohemian" Strathmere. This Oceanfront Beauty is Situated Across from Strathmere's Historic Mobile Home Park and Just steps away from Mildred's Italian Eatery. Take in the Breathtaking Views of the Beach and Coastline from Multiple Decks. This Home Offers 4 Spacious Bedrooms, 4 and a half Bathrooms, A High End Audio System, Gas Fireplace, Security System, Heated Bathroom Floors and an Upgraded Appliance Package. The Rooftop Deck is Complete with an Outdoor Bar Area and is Perfect for Entertaining Guests, or... wait for your Dinner Reservations at Mildreds while Enjoying your own Happy Hour with Amazing Views.

Last Agent to Sell the Property

Dorothy Phillips

BERKSHIRE HATHAWAY HS FOX & ROACH oc109 Listed on: 03/16/2016

BERKSHIRE HATHAWAY HS FOX & ROACH oc109

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,151

Lot Details

  • Beach Front
  • Property is zoned rr

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • Central Vacuum
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Workshop
  • Storage

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 2 / 822

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,151

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Front
  • District Township: 11-Upper Township
  • Also Includes: Curtains, Shades, Blinds, Rugs
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Central Vacuum, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Security System, Smoke/Fire Alarm, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space, Outside Entrance, Slab
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Workshop

Exterior Features

  • Construction: Contemporary
  • Exterior: Shingle, Stucco, Wood
  • Frontage: 200
  • Outside Features: Deck, Grill, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Stone Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Public

Lot Info

  • Lot Number: 2
  • Lot Size: 100x100
  • Zoning: rr
  • Lot Size Range: 1-5 Acres

Tax Info

  • Taxes: > 29151

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
6.57%
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
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 Type Sale Price Title Company
Deed $3,400,000 Trident Land Transfer
Deed $1,600,000 None Available
Deed $974,000 --
Deed $395,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,700,000 New Conventional
Previous Owner $974,000 No Value Available
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: 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 $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: Cape May County Association of REALTORS®

MLS Number: 169085

Cape May County Association of REALTORS®

APN: 11-00822-0000-00002