NOT LISTED FOR SALE

116 W Prescott Rd Strathmere, NJ 08248

Estimated Value: $818,321 - $1,199,000

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

Last Sold December 22, 2015

Last sale price $410,000

Est. 137% increase in value since last sale

Current estimated payment $5,800/month

279 Days on Market

Highlights

  • Water Views
  • Property is near a beach
  • Deck
  • Ocean City Primary School Rated A
  • Island Location
  • Ranch Style House

About This Home

As of December 2015

Just a short walk from either the beach or the bay is this cute single family home located in Strathmere's second block. Property features include unobstructed wetland views, multiple decks, economical gas hot water baseboard heating, a massive awning, outbuilding, fenced-in yard, maintenance free vinyl siding, & more. The sunset views from this property are a must see.

Last Agent to Sell the Property

Bruce Riordan

RIORDAN REAL ESTATE INC. Listed on: 02/16/2015

Co-Listed By

BRIAN W RIORDAN

RIORDAN REAL ESTATE INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,786

Lot Details

  • Fenced Yard
  • Cleared Lot
  • Property is zoned RR

Home Design

  • Ranch Style House
  • Wood Siding
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Den
  • Workshop
  • Storage
  • Wall to Wall Carpet
  • Water Views
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Garage
  • Stone Driveway

Outdoor Features

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

Location

  • Island Location

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 821

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,786

Lot Details

0

Listing Details

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

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Smoke/Fire Alarm, Storage, Wall to Wall Carpet
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Pantry, Laundry/Utility Room, Workshop, Storage Attic, 1st Floor Master Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl, Wood, Masonry Block
  • Frontage: 40
  • House Color: Grey
  • Outside Features: Deck, Porch, Grill, Fenced Yard, Storage Building

Garage/Parking

  • Parking Garage: 2 Car, Stone Driveway

Utilities

  • Cooling: Ceiling Fan
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: City

Lot Info

  • Lot Number: 6
  • Lot Size: 40' x 100'
  • Total Assessment: 361900
  • Zoning: RR
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 5786.24
  • Assessor Parcel Number: 11008210000000060000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2015
Closed on
Dec 22, 2015
Sold by
Hollinger Herbert F and Estate Of Herbert Hollinger
Bought by
Kelly Dwight
Seller's Agent
Bruce Riordan
RIORDAN REAL ESTATE INC.
List Price
$474,000
Sold Price
$410,000
Premium/Discount to List
-$64,000
-13.5%
Current Estimated Value
$971,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,330
Avg. Annual Appreciation
9.09%
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
Kelly Dwight $410,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2015 12/22/15 Sold $410,000 -13.5% --
11/22/2015 11/22/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $474,000 -- --
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
2025 $8,038 $361,900 $315,000 $46,900
2024 $8,038 $361,900 $315,000 $46,900
2023 $7,632 $361,900 $315,000 $46,900
2022 $7,376 $361,900 $315,000 $46,900
2021 $6,670 $361,900 $315,000 $46,900
2020 $6,836 $361,900 $315,000 $46,900
2019 $6,670 $361,900 $315,000 $46,900
2018 $6,496 $361,900 $315,000 $46,900
2017 $6,424 $361,900 $315,000 $46,900
2016 $6,521 $361,900 $315,000 $46,900
2015 $6,348 $361,900 $315,000 $46,900
2014 $5,625 $410,000 $348,900 $61,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 162407

Cape May County Association of REALTORS®

APN: 11-00821-0000-00006