$555,000
SOLD SEP 13, 2019

208 99th St Unit 5 Stone Harbor, NJ 08247

2 Beds
1 Bath
944 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$588 Per Sq Ft

2% Below List Price

46 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Cathedral Ceiling
  • Stone Harbor Elementary School Rated A
  • Island Location
  • 4-minute walk to Stone Harbor Recreation Department

About This Home

As of September 2019

Sale is subject to 2019 summer leases. Property generated $24,500 in 2018 rental income, $25,120 in 2017. This includes the owner using a week or two personally during the season. Property has the potential to generate just under $30,000. See associated documents for more information. Property is rented most of the 2019 season. Appointment required for showings.

Last Agent to Sell the Property

Ryan Manney

COMPASS RE - Stone Harbor Listed on: 06/22/2019

COMPASS RE - Stone Harbor

Co-Listed By

Hugh Merkle

COMPASS RE - Stone Harbor

Last Buyer's Agent

Patricia K. DiMarco

Coldwell Banker James C Otton Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,104

Year Built

  • Built in 1985

Interior Spaces

  • 944 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Dining Area
  • Storage Room
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Property near a bay
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 71,71.01 / 98.03

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,104

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island, Water View
  • District Township: 10-Stone Harbor
  • Near: 96th Street, Beach, Bay
  • Also Includes: Furniture, Other (See Remarks)
  • Estimated Year Built: 1985
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit 5
  • Second Address Number: 208
  • Listing Office2: 831
  • Price per Sq Ft: 587.92
  • Selling Agent1: 397
  • Selling Office1: 60
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1985

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Estimated Living Sq Ft: 944
  • Other Rooms: Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: 2 Car, Assigned Parking

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: Unit 5
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Other (See Remarks)
  • Condo Fees: 283/month
  • Unit Features: Wall To Wall Carpet, Cathedral Ceiling
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 71,71.01

Tax Info

  • Taxes: 3104.45
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Sep 12, 2019
Sold by
Cohen Robert M and Cohen Jane G
Bought by
Brixner Wallacec
Seller's Agent
Hugh Merkle
Compass New Jersey, LLC - Moorestown
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$564,900
Sold Price
$555,000
Premium/Discount to List
-$9,900
-1.75%
Total Days on Market
46
Current Estimated Value
$1,161,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,112
Avg. Annual Appreciation
12.63%

Purchase Details

Closed on
Nov 2, 2009
Sold by
Anzalone Teresa Hechmer and Hechmer Teresa M
Bought by
Cohen Jane G and Cohen Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2001
Sold by
Feehery James E
Bought by
Hechmer Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,400
Interest Rate
6.9%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Tavani Joseph
Bought by
Teehery James and Teehery Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.14%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $555,000 Shore Title
Deed $525,000 Shore Title
Deed $328,000 --
Deed $180,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $363,000 New Conventional
Previous Owner $375,200 New Conventional
Previous Owner $262,400 No Value Available
Previous Owner $144,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $555,000 0.0% $588 / Sq Ft
09/13/2019 09/13/19 Sold $555,000 -1.8% $588 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
08/07/2019 08/07/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $564,900 0.0% $598 / Sq Ft
06/22/2019 06/22/19 For Sale $564,900 -- $598 / 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
2024 $4,207 $562,400 $443,200 $119,200
2023 $4,134 $562,400 $443,200 $119,200
2022 $3,892 $562,400 $443,200 $119,200
2021 $3,689 $562,400 $443,200 $119,200
2020 $3,431 $562,400 $443,200 $119,200
2019 $3,223 $562,400 $443,200 $119,200
2018 $3,104 $562,400 $443,200 $119,200
2017 $3,307 $595,800 $386,600 $209,200
2016 $3,188 $595,800 $386,600 $209,200
2015 $3,128 $595,800 $386,600 $209,200
2014 $3,086 $595,800 $386,600 $209,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 188330

Cape May County Association of REALTORS®

APN: 10-00098-03-00071-01-C0005