NOT LISTED FOR SALE

10 E Sumner Ave Strathmere, NJ 08248

Estimated Value: $848,000 - $1,036,000

2 Beds
1 Bath
-- Sq Ft
4,008 Sq Ft Lot Lot

Sale Details

Date Sold: September 6, 2016

Last sale price $394,000

Est. 157% increase in value since last sale

Current estimated payment $6,224 / mo

556 Days on Market

Highlights

  • Property near a bay
  • Building is beachfront but unit may not have water views
  • Deck
  • Ocean City Primary School Rated A
  • Island Location
  • Ranch Style House

About This Home

As of September 2016

Charming Strathmere cottage located on a quiet beach block street. Large front deck & spacious back deck to enjoy the warm sunshine. Escape to your own quaint beach hideaway or renovate to create your dream vacation home.

Last Agent to Sell the Property

Bruce Riordan

RIORDAN REAL ESTATE INC. Listed on: 01/29/2015

Co-Listed By

BRIAN W RIORDAN

RIORDAN REAL ESTATE INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,996

Lot Details

  • Building is beachfront but unit may not have water views
  • Cleared Lot
  • Property is zoned RR

Home Design

  • Ranch Style House
  • Wood Siding
  • Asbestos Siding

Interior Spaces

  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck

Location

  • Island Location

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / 834

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,996

Lot Details

4,008 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Cleared Lot, Island
  • District Township: 11-Upper Township
  • Near: Beach
  • Also Includes: Shades, Blinds, Furniture
  • Bay Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Other Rooms: Living Room, Kitchen, Dining Area, Storage Attic

Exterior Features

  • Construction: Ranch
  • Exterior: Asbestos, Wood
  • Frontage: 40
  • House Color: Yellow
  • Outside Features: Deck, Outside Shower

Utilities

  • Cooling: Central Air Condition
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: Septic
  • Water: City

Lot Info

  • Lot Number: 3
  • Lot Size: 40' x 100'
  • Total Assessment: 398900
  • Zoning: RR
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 6996.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Fife Katherine R
Bought by
Fife Michael
Current Estimated Value
$1,011,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$67,021
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$887,119

Purchase Details

Listed on
Jan 29, 2015
Closed on
Sep 6, 2016
Sold by
Brady Robert L
Bought by
Fife Michael R and Fife Katherine R
Seller's Agent
Bruce Riordan
RIORDAN REAL ESTATE INC.
List Price
$499,000
Sold Price
$394,000
Premium/Discount to List
-$105,000
-21.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$50,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Fife Michael -- Misc Company
Fife Michael -- Hunter Title
Fife Michael R $394,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Fife Michael $75,000
Previous Owner Fife Michael R $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2016 09/06/16 Sold $394,000 -21.0% --
08/07/2016 08/07/16 Pending -- -- --
01/29/2015 01/29/15 For Sale $499,000 -- --
Source: Cape May County Association of REALTORS®

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
2025 $8,860 $398,900 $363,800 $35,100
2024 $8,860 $398,900 $363,800 $35,100
2023 $8,413 $398,900 $363,800 $35,100
2022 $8,130 $398,900 $363,800 $35,100
2021 $5,799 $398,900 $363,800 $35,100
2020 $7,535 $398,900 $363,800 $35,100
2019 $7,352 $398,900 $363,800 $35,100
2018 $7,160 $398,900 $363,800 $35,100
2017 $7,080 $398,900 $363,800 $35,100
2016 $7,188 $398,900 $363,800 $35,100
2015 $6,997 $398,900 $363,800 $35,100
2014 $6,592 $460,000 $437,000 $23,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bruce Riordan

    RIORDAN REAL ESTATE INC.

    (609) 827-0135

    23 in this area

    29 Total Sales

    Bruce Riordan
    Section Image

  • B

    Seller Co-Listing Agent in 2016

    BRIAN W RIORDAN

    RIORDAN REAL ESTATE INC.

    (609) 263-3235

    29 in this area

    36 Total Sales

    BRIAN W RIORDAN
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 162073

Cape May County Association of REALTORS®

APN: 11-00834-0000-00003

New Jersey Cape May County Strathmere 08243

10 E Sumner Ave, Strathmere, NJ

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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