NOT LISTED FOR SALE

2 Williams Ave Strathmere, NJ 08248

Estimated Value: $1,056,624 - $1,541,000

2 Beds
1 Bath
-- Sq Ft
4,487 Sq Ft Lot

Last Sold May 01, 2015

Last sale price $610,000

Est. 122% increase in value since last sale

Current estimated payment $8,488/month

331 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Island Location
  • Ocean City Primary School Rated A
  • Building is beachfront but unit may not have water views
  • Deck

About This Home

As of May 2015

Newly renovated single family home on a beachblock corner lot in Strathmere's desirable Northend "Point" area. Features include: Cherry hardwood floors, granite countertops, maintenance free vinyl deck & siding, GE Profile stainless steel appliances, cathedral ceilings, irrigation system, tankless water heater, & more. Complimentary beach views & cool ocean breezes from the oversized side deck. Experience the serenity of Strathmere in this truly turn-key home.

Last Agent to Sell the Property

Bruce Riordan

RIORDAN REAL ESTATE INC. Listed on: 05/05/2014

Co-Listed By

BRIAN W RIORDAN

RIORDAN REAL ESTATE INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,572

Lot Details

  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Sprinkler System
  • Cleared Lot
  • Property is zoned RR

Home Design

  • Upside Down Style Home
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Workshop
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Outdoor Grill

Location

  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Legal Lot and Block 4 / 851

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,572

Lot Details

0

Listing Details

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

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Kitchen Center Island, Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 8
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, Dining Area, Workshop, Storage Attic

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Stucco, Vinyl
  • Frontage: 90
  • House Color: Beige
  • Outside Features: Deck, Grill, Sidewalks, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural, On Demand
  • Sewer: Septic
  • Water: City

Lot Info

  • Lot Number: 4
  • Lot Size: 50' x 90'
  • Total Assessment: 475200
  • Zoning: RR
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 6572.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2014
Closed on
Apr 27, 2015
Sold by
Wechsler John and Wechsler Davina
Bought by
Lynch Peter G and Lynch Mary H
Seller's Agent
Bruce Riordan
RIORDAN REAL ESTATE INC.
List Price
$749,000
Sold Price
$610,000
Premium/Discount to List
-$139,000
-18.56%
Current Estimated Value
$1,352,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$742,906
Avg. Annual Appreciation
7.89%
Original Mortgage
$488,000
Outstanding Balance
$381,459
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$939,492

Purchase Details

Closed on
Sep 24, 2001
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
Lynch Peter G $610,000 Attorney
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Peter G $488,000
Previous Owner Wechsler John $425,000
Previous Owner Wechseler John $325,000
Previous Owner Wechsler John $250,000
Previous Owner Wechsler John $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $610,000 -18.6% --
04/01/2015 04/01/15 Pending -- -- --
05/05/2014 05/05/14 For Sale $749,000 -- --
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
2024 $11,765 $529,700 $380,400 $149,300
2023 $11,171 $529,700 $380,400 $149,300
2022 $10,795 $529,700 $380,400 $149,300
2021 $7,701 $529,700 $380,400 $149,300
2020 $10,006 $529,700 $380,400 $149,300
2019 $9,762 $529,700 $380,400 $149,300
2018 $9,508 $529,700 $380,400 $149,300
2017 $9,402 $529,700 $380,400 $149,300
2016 $9,545 $529,700 $380,400 $149,300
2015 $9,291 $529,700 $380,400 $149,300
2014 -- $475,200 $375,000 $100,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 157865

Cape May County Association of REALTORS®

APN: 11-00851-0000-00004