NOT LISTED FOR SALE

225 88th St Stone Harbor, NJ 08247

Estimated Value: $3,935,550 - $5,149,000

5 Beds
4 Baths
2,081 Sq Ft
$2,197/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $2,400,000 $1,153 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $26,482/month

18 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Deck
  • Stone Harbor Elementary School Rated A
  • Property near a bay
  • Cathedral Ceiling

About This Home

As of September 2018

This home is located at 225 88th St, Stone Harbor, NJ 08247 since 10 July 2018 and is currently estimated at $4,571,638, approximately $2,196 per square foot. 225 88th St is a home located in Cape May County with nearby schools including Stone Harbor Elementary School.

Last Agent to Sell the Property

Stephen Frame

DILLER FISHER REALTORS License #8833010 Listed on: 07/10/2018

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,583

Lot Details

  • Lot Dimensions are 50 x 110
  • Fenced Yard
  • Interior Lot

Parking

  • Parking Pad

Home Design

  • Upside Down Style Home

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Wood Flooring
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property near a bay
  • Deck
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 80 / 88.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,583

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Water View
  • District Township: 10-Stone Harbor
  • Also Includes: Curtains, Furniture
  • Bay Proximity: 1 Block
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 225
  • Lot Size2: 50 x 110
  • Selling Agent1: 1416
  • Selling Office1: 265
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm
  • Total Bathrooms: 4.2
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 9
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Breakfast Nook, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Fenced Yard, Cable TV, Sidewalks, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Parking Pad

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 80
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 7583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 10, 2018
Sold by
Malcolm Abbey C
Bought by
Balik Michael A and Balik Louise H
Seller's Agent
Stephen Frame
DILLER FISHER REALTORS
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%
Current Estimated Value
$4,611,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,211,498
Avg. Annual Appreciation
9.85%
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2015
Sold by
Lasher Suzanne S and Porrey Joyce S
Bought by
Malcolm Abbey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 15, 2012
Sold by
Lasher Suzanne S and Porrey Joyce S
Bought by
Lasher Suzanne S and Porrey Joyce S

Purchase Details

Closed on
Apr 7, 2008
Sold by
Squassoni Alma
Bought by
Lasher Suzanne S and Porrey Joyce S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Balik Michael A $2,400,000 --
Malcolm Abbey C $975,000 Title Alliance Cape May Co
Lasher Suzanne S -- None Available
Lasher Suzanne S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balik Michael A $975,000
Closed Balik Michael A $1,000,000
Previous Owner Malcolm Abbey C $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $2,400,000 -3.8% $1,153 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $2,495,000 -- $1,199 / 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
2025 $14,797 $1,978,200 $1,040,000 $938,200
2024 $14,797 $1,978,200 $1,040,000 $938,200
2023 $14,540 $1,978,200 $1,040,000 $938,200
2022 $13,689 $1,978,200 $1,040,000 $938,200
2021 $12,977 $1,978,200 $1,040,000 $938,200
2020 $12,067 $1,978,200 $1,040,000 $938,200
2019 $11,335 $1,978,200 $1,040,000 $938,200
2018 $10,920 $1,978,200 $1,040,000 $938,200
2017 $7,582 $1,366,200 $832,000 $534,200
2016 $4,451 $832,000 $832,000 $0
2015 $5,664 $1,078,800 $832,000 $246,800
2014 $5,588 $1,078,800 $832,000 $246,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 182859

Cape May County Association of REALTORS®

APN: 10-00088-03-00080