NOT LISTED FOR SALE

225 81st St Unit B Stone Harbor, NJ 08247

Estimated Value: $1,414,410 - $1,584,000

4 Beds
2 Baths
1,344 Sq Ft
5,489 Sq Ft Lot

Last Sold March 11, 2016

Last sale price $695,000 $517 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $8,700/month

282 Days on Market

Highlights

  • Water Views
  • Island Location
  • Interior Lot
  • Stone Harbor Elementary School Rated A
  • Skylights
  • 1-minute walk to Stone Harbor Recreation?

About This Home

As of March 2016

Surprisingly spacious 4BR/2BA Beach Condo with an open floor plan that offers freedom of move and views of the ocean. Bright, comfortable and casual seashore vacation getaway just 1 block from the beach, playground and recreation fields. Sitting room has windows on three sides, plus open passage to living and dining rooms. Sliding full glass doors in the dining room accesses wraparound deck with ocean view. Enjoy meals at the dinner table while also enjoying far away ocean views!! Well Equipped Kitchen incorporates breakfast bar and front-loading washer/dryer without sacrificing counter space. Master bedroom suite offers a glass sliding door with direct access to the second floor, semi private sun deck. Amenities include central air, gas heat, wall to wall carpets, sky light, window treatments, private 2 car concrete driveway, and outdoor enclosed shower plus a storage facilities. Special color accents created with strategically placed outside potted plants. This property is meticulous maintained and in move-in condition just unpack and enjoy!!

Last Listed By

Hugh Merkle

COMPASS RE - Stone Harbor Listed on: 05/04/2015

COMPASS RE - Stone Harbor

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,257

Year Built

  • 1970

Lot Details

  • 5,489

Interior Spaces

  • 2-Story Property
  • Skylights
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

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

Additional Features

  • Outdoor Shower
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 50x110 / 81.03

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,257

Year Built

1970

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot, Island, Water View
  • District Township: 10-Stone Harbor
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: Two
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Other Rooms: Living Room, Kitchen, Dining Area

Garage/Parking

  • Parking: 2 Car, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: B
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower
  • Unit Features: Wall To Wall Carpet, Skylight
  • Unit Location: Water View

Lot Info

  • Lot Number: 50x110
  • Zoning: Res B

Tax Info

  • Taxes: 3256.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Mar 11, 2016
Sold by
Marchetti Josephine A and Sharpe Brendan L
Bought by
Holgado Ian D and Holgado Jennifer J
Seller's Agent
Hugh Merkle
COMPASS RE - Stone Harbor
List Price
$759,000
Sold Price
$695,000
Premium/Discount to List
-$64,000
-8.43%
Total Days on Market
282
Current Estimated Value
$1,490,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$795,103
Avg. Annual Appreciation
8.68%
Original Mortgage
$521,250
Outstanding Balance
$418,164
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,071,939

Purchase Details

Closed on
Nov 19, 2010
Sold by
Patriarca John J and Patriarca Marie
Bought by
Marchetti Josephine A and Sharpe Brendan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4.22%
Mortgage Type
New Conventional

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
Holgado Ian D $695,000 Attorney
Marchetti Josephine A $651,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holgado Lan D $521,250
Previous Owner Marchetti Josephine A $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $695,000 -8.4% $517 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
05/04/2015 05/04/15 For Sale $759,000 -- $565 / 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 $5,252 $702,200 $624,000 $78,200
2023 $5,161 $702,200 $624,000 $78,200
2022 $4,859 $702,200 $624,000 $78,200
2021 $3,374 $702,200 $624,000 $78,200
2020 $4,283 $702,200 $624,000 $78,200
2019 $4,024 $702,200 $624,000 $78,200
2018 $3,876 $702,200 $624,000 $78,200
2017 $3,489 $628,700 $499,200 $129,500
2016 $3,364 $628,700 $499,200 $129,500
2015 $3,301 $628,700 $499,200 $129,500
2014 $3,257 $628,700 $499,200 $129,500
Source: Public Records

Agents Affiliated with this Home

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Map

Similar Homes in the area

Source: Cape May County Association of REALTORS®

MLS Number: 163893

Cape May County Association of REALTORS®

APN: 10-00081-03-00080-0000-C0002