NOT LISTED FOR SALE

10220 1st Ave Stone Harbor, NJ 08247

Estimated Value: $3,849,000 - $5,498,000

5 Beds
4 Baths
2,630 Sq Ft
$1,839/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $4,250,000 $1,616 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $27,355/month

96 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Building is beachfront but unit may not have water views
  • Stone Harbor Elementary School Rated A
  • Property is near a beach
  • Island Location

About This Home

As of October 2022

This home is located at 10220 1st Ave, Stone Harbor, NJ 08247 since 05 June 2022 and is currently estimated at $4,836,002, approximately $1,838 per square foot. 10220 1st Ave is a home located in Cape May County with nearby schools including Stone Harbor Elementary School.

Last Agent to Sell the Property

Hugh Merkle

COMPASS RE - Stone Harbor Listed on: 06/05/2022

COMPASS RE - Stone Harbor

Last Buyer's Agent

Michael Crovo

COMPASS RE - Avalon

COMPASS RE - Avalon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,047

Lot Details

  • Lot Dimensions are 48x110'
  • Building is beachfront but unit may not have water views
  • Fenced Yard
  • Interior Lot
  • Sprinkler System
  • Property is zoned RES A

Home Design

  • Upside Down Style Home
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,630 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Garage
  • Stone Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Property near a bay
  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 20, 21, 22 / 102.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,047

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Inside Lot, Island, Water View
  • District Township: 10-Stone Harbor
  • Near: BEACH
  • Also Includes: Blinds, Furniture
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • OFFICELIST_ADDRESS2: BEACH BLOCK
  • Second Address Number: 10220
  • Lot Size2: 48x110'
  • Price per Sq Ft: 1615.97
  • Selling Agent1: 2779
  • Selling Office1: 849
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Tile Flooring
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 8
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 2630
  • Other Rooms: Living Room, Recreation/Family, Eat-In-Kitchen, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Shingle, Stone, Vinyl
  • Frontage: 48
  • House Color: Clay
  • Outside Features: Patio, Deck, Porch, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: 2 Car, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 20, 21, 22
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 2751000
  • Zoning: RES A

Tax Info

  • Taxes: 18046.56
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2022
Closed on
Oct 14, 2022
Sold by
Horwitz Richard L and Horwitz Martha J
Bought by
Fiumara Brian
Seller's Agent
Hugh Merkle
COMPASS RE - Stone Harbor
Buyer's Agent
Michael Crovo
COMPASS RE - Avalon
List Price
$4,595,000
Sold Price
$4,250,000
Premium/Discount to List
-$345,000
-7.51%
Current Estimated Value
$4,836,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$586,002
Avg. Annual Appreciation
6.16%
Original Mortgage
$2,975,000
Outstanding Balance
$2,885,235
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$2,177,779

Purchase Details

Closed on
Apr 29, 2005
Sold by
Fasolo Joseph and Fasolo Kimberly
Bought by
Horwitz Richard L and Hays Martha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,999
Interest Rate
5.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 7, 2003
Sold by
Manoli Robert
Bought by
Fasolo Joseph and Fasolo Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.43%
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
Fiumara Brian $4,250,000 --
Horwitz Richard L $2,000,000 --
Fasolo Joseph $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fiumara Brian $2,975,000
Previous Owner Horwitz Richard L $1,499,999
Previous Owner Fasolo Joseph $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $4,250,000 -7.5% $1,616 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $4,595,000 -- $1,747 / 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
2025 $20,577 $2,751,000 $1,897,000 $854,000
2024 $20,577 $2,751,000 $1,897,000 $854,000
2023 $20,220 $2,751,000 $1,897,000 $854,000
2022 $18,047 $2,751,000 $1,897,000 $854,000
2021 $18,047 $2,751,000 $1,897,000 $854,000
2020 $16,781 $2,751,000 $1,897,000 $854,000
2019 $15,763 $2,751,000 $1,897,000 $854,000
2018 $15,186 $2,751,000 $1,897,000 $854,000
2017 $13,893 $2,503,200 $1,797,100 $706,100
2016 $13,392 $2,503,200 $1,797,100 $706,100
2015 $13,142 $2,503,200 $1,797,100 $706,100
2014 $12,967 $2,503,200 $1,797,100 $706,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221879

Cape May County Association of REALTORS®

APN: 10-00102-01-00020-02