1305 Commonwealth Ave Strathmere, NJ 08248
Estimated Value: $2,123,683 - $2,752,000
4
Beds
3
Baths
1,872
Sq Ft
$1,240/Sq Ft
Est. Value
About This Home
This home is located at 1305 Commonwealth Ave, Strathmere, NJ 08248 and is currently estimated at $2,321,421, approximately $1,240 per square foot. 1305 Commonwealth Ave is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 3, 2022
Sold by
Soliman Joseph
Bought by
Davis Robert C and Gallucci-Davis Sheila
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$997,655
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$1,323,766
Purchase Details
Closed on
Dec 7, 1996
Sold by
Lelner Henry
Bought by
Soliman Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
7.83%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davis Robert C | $1,750,000 | Shore Title | |
| Davis Robert C | $1,750,000 | Shore Title | |
| Soliman Joseph | $251,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davis Robert C | $1,050,000 | |
| Closed | Davis Robert C | $1,050,000 | |
| Previous Owner | Soliman Joseph | $201,000 |
Source: Public Records
Tax History Compared to Growth
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 | $22,548 | $1,015,200 | $820,000 | $195,200 |
| 2024 | $22,548 | $1,015,200 | $820,000 | $195,200 |
| 2023 | $21,411 | $1,015,200 | $820,000 | $195,200 |
| 2022 | $20,690 | $1,015,200 | $820,000 | $195,200 |
| 2021 | $19,928 | $1,015,200 | $820,000 | $195,200 |
| 2020 | $19,177 | $1,015,200 | $820,000 | $195,200 |
| 2019 | $18,710 | $1,015,200 | $820,000 | $195,200 |
| 2018 | $18,223 | $1,015,200 | $820,000 | $195,200 |
| 2017 | $18,020 | $1,015,200 | $820,000 | $195,200 |
| 2016 | $18,294 | $1,015,200 | $820,000 | $195,200 |
| 2015 | $17,807 | $1,015,200 | $820,000 | $195,200 |
| 2014 | $15,187 | $1,059,800 | $934,800 | $125,000 |
Source: Public Records
Map
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