NOT LISTED FOR SALE

1312 S Commonwealth Ave Strathmere, NJ 08248

Estimated Value: $1,812,813 - $2,664,000

3 Beds
4 Baths
3,000 Sq Ft
$723/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $1,195,000 $398 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $13,220/month

Highlights

  • Water Views
  • Deck
  • Whirlpool Bathtub
  • Ocean City Primary School Rated A
  • Contemporary Architecture
  • Furnished

About This Home

As of July 2021

SINGLE FAMILY TREASURE! Stunning, OCEAN and BAY VIEWS abound from this LIKE NEW, CUSTOM SINGLE-FAMILY HOME with 3Bedrooms, 4 Baths and 4 Stop ELEVATOR. Experience WATER VIEWS from almost every room in the home and positioned just ACROSS from the beach with Steps to the Beautiful Strathmere Beaches! It is evident the moment you enter this amazing Sea Shore Home built in 2015–(LIKE NEW)- how much thought and care was placed into the Designing, Building and Maintaining this elegant, Amenity Rich Beach Block Treasure. This Custom Single home located in the quaint Beach town of Strathmere Exemplifies Elegant Coastal Living. Imagine Waking up to the Sun Rising over the Ocean, Dining while Overlooking the Gorgeous Beach/Bay Views and Relaxing to the sound of the waves and Enjoying the Sunset from the MASSIVE ROOFTOP DECK. Take a short Walk and Enjoy Famous Outdoor Restaurants, and Entertainment, Watersports, Fishing and all that living at the Shore has to Offer! Everything in this home is aimed to please the most discerning Buyer. The Top Level has a siting area that has access to the Private Ocean/Bay View ROOF TOP Deck to view Morning Sunrises, OR Afternoon Sunsets. Additionally, this home offers HIGH IMPACT WINDOWS AND SLIDERS, FIBERGLASS, LOOKING FOR AN INVESTMENT PROPERTY? This Single home has the potential to generate over $65,000 in Rental Income! Call today to Experience this Custom Home Just Steps to the Beach!

Last Agent to Sell the Property

SUSAN GIORDANO

LONG and FOSTER REAL ESTATE INC-Sea Isle City Listed on: 12/04/2020

LONG and FOSTER REAL ESTATE INC-Sea Isle City

Co-Listed By

Nicholas Preuhs

LONG and FOSTER REAL ESTATE INC-Sea Isle City License #0787927

Last Buyer's Agent

Peter Madden

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,146

Year Built

  • Built in 2015

Lot Details

  • Lot Dimensions are 125x250

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • Elevator
  • Furnished
  • Blinds
  • Storage
  • Tile Flooring
  • Water Views
  • Storm Screens

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,146

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Contemporary
  • Age: 2 To 5 Years
  • Also Includes: Blinds, Furnished
  • Lvt Date: 12/06/2020
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Tile
  • Interior Amenities: Elevator, Kitchen Center Island, Storage, Whirlpool
  • Bedrooms: 3
  • Full Bathrooms: 4
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Outside Shower
  • Siding Exterior: Vinyl
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Septic
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Water View
  • Lot Dimensions: 125X250
  • Lot Size: 1 To 5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jul 15, 2021
Sold by
Affordable Concepts Inc
Bought by
Stewart William and Stewart Allison
Seller's Agent
SUSAN GIORDANO
LONG and FOSTER REAL ESTATE INC-Sea Isle City
Buyer's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,195,000
Sold Price
$1,195,000
Current Estimated Value
$2,169,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$974,703
Avg. Annual Appreciation
16.72%
Original Mortgage
$895,000
Outstanding Balance
$816,302
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,467,716

Purchase Details

Closed on
Apr 6, 2015
Sold by
Israel Jack
Bought by
Israel Jack
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stewart William $1,195,000 Freedom Title
Israel Jack -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart William $500,000
Open Stewart William $895,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $1,195,000 0.0% $398 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $1,195,000 -- $398 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $21,146 $952,100 $592,000 $360,100
2024 $21,146 $952,100 $592,000 $360,100
2023 $20,080 $952,100 $592,000 $360,100
2022 $19,404 $952,100 $592,000 $360,100
2021 $18,690 $952,100 $592,000 $360,100
2020 $17,985 $952,100 $592,000 $360,100
2019 $18,736 $1,016,600 $656,500 $360,100
2018 $18,248 $1,016,600 $656,500 $360,100
2017 $18,045 $1,016,600 $656,500 $360,100
2016 $18,319 $1,016,600 $656,500 $360,100
2015 $17,831 $656,500 $656,500 $0
2014 -- $700,000 $700,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 545255

South Jersey Shore Regional MLS

APN: 11-00811-0000-00004