NOT LISTED FOR SALE

10500 2nd Ave Stone Harbor, NJ 08247

Estimated Value: $4,507,599 - $4,942,000

5 Beds
4 Baths
3,163 Sq Ft
$1,498/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $2,250,000 $711 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $27,068/month

105 Days on Market

Highlights

  • Property is near a beach
  • Island Location
  • Cathedral Ceiling
  • Stone Harbor Elementary School Rated A
  • Deck
  • 1-minute walk to Chelsea Place

About This Home

As of June 2017

This home is located at 10500 2nd Ave, Stone Harbor, NJ 08247 since 16 January 2017 and is currently estimated at $4,736,650, approximately $1,497 per square foot. This property was built in 2001. 10500 2nd 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: 01/16/2017

COMPASS RE - Stone Harbor

Last Buyer's Agent

Sheila Erikson

LONG & FOSTER REAL ESTATE, INC av

LONG & FOSTER REAL ESTATE, INC av

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,800

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 59x110
  • Corner Lot
  • Sprinkler System

Parking

  • 1 Car Detached Garage

Home Design

  • Upside Down Style Home

Interior Spaces

  • 3,163 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Wood Flooring
  • Crawl Space
  • Storage In Attic

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Deck
  • Enclosed Patio or Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 74 / 105

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,800

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Island
  • District Township: 10-Stone Harbor
  • Near: Beach
  • Also Includes: Blinds, Furniture, Window Treatments
  • Estimated Year Built: 2001
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 10500
  • Lot Size2: 59X110
  • Price per Sq Ft: 711.35
  • Selling Agent1: 16
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Burglar Alarm, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Loft, Smoke/Fire Alarm, Walk in Closet
  • Total Bathrooms: 4.2
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3163
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Dining Area, Library/Study, Loft, Storage Attic

Exterior Features

  • Construction: Upside Down
  • Exterior: Shingle
  • House Color: Tan
  • Outside Features: Deck, Enclosed/Covered Patio, Cable TV, Sidewalks, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Detached

Utilities

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

Lot Info

  • Lot Number: 74
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 2205700
  • Zoning: A

Tax Info

  • Taxes: 11800.5
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2017
Closed on
Jun 29, 2017
Sold by
Musumeci Peter M and Musumeci Linda M
Bought by
Carmody Christopher J and Carmody Patricia S
Seller's Agent
Hugh Merkle
COMPASS RE - Stone Harbor
Buyer's Agent
Sheila Erikson
LONG & FOSTER REAL ESTATE, INC av
List Price
$2,495,000
Sold Price
$2,250,000
Premium/Discount to List
-$245,000
-9.82%
Current Estimated Value
$4,736,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,486,650
Avg. Annual Appreciation
9.49%
Original Mortgage
$450,000
Outstanding Balance
$375,287
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$4,361,363

Purchase Details

Closed on
Dec 2, 2012
Sold by
Musumeci Linda
Bought by
Musumeci Peter M and Musumeci Linda

Purchase Details

Closed on
Nov 21, 2012
Sold by
Musumeci Peter M and Musumeci Linda M
Bought by
Musumeci Linda

Purchase Details

Closed on
Jun 30, 2005
Sold by
Mariano Daniel A and Mariano Gloria J
Bought by
Musumeci Peter M and Musumeci Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 15, 2000
Sold by
Quinn Nathan M
Bought by
Mariano Daniel A and Mariano Gloria J
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
Carmody Christopher J $2,250,000 None Available
Musumeci Peter M -- None Available
Musumeci Linda -- None Available
Musumeci Peter M $2,975,000 --
Mariano Daniel A $705,000 --
Mariano Daniel A $705,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmody Christopher J $450,000
Previous Owner Musumeci Peter M $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $2,250,000 -9.8% $711 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $2,495,000 -- $789 / 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 $17,505 $2,340,200 $1,442,000 $898,200
2024 $17,505 $2,340,200 $1,442,000 $898,200
2023 $17,200 $2,340,200 $1,442,000 $898,200
2022 $16,194 $2,340,200 $1,442,000 $898,200
2021 $15,352 $2,340,200 $1,442,000 $898,200
2020 $14,275 $2,340,200 $1,442,000 $898,200
2019 $13,409 $2,340,200 $1,442,000 $898,200
2018 $12,918 $2,340,200 $1,442,000 $898,200
2017 $12,242 $2,205,700 $1,472,600 $733,100
2016 $11,801 $2,205,700 $1,472,600 $733,100
2015 $11,580 $2,205,700 $1,472,600 $733,100
2014 $11,426 $2,205,700 $1,472,600 $733,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 174138

Cape May County Association of REALTORS®

APN: 10-00105-21-00074