NOT LISTED FOR SALE

2400 Commonwealth Ave Strathmere, NJ 08248

Estimated Value: $2,061,000 - $2,974,000

4 Beds
3 Baths
3,000 Sq Ft
$765/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $819,000 $273 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $13,551/month

381 Days on Market

Highlights

  • Beach Front
  • Island Location
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Deck
  • Loft

About This Home

As of March 2015

Nowhere on the Cape May County coast will you find stunning 360 degree views from ocean to bay in a single home at a price like this. The location affords great privacy and amazing panoramas. Built in 1994 and lovingly cared for, this home offers all the modern conveniences. Cathedral ceilings, walls of glass, multiple decks and more. The property sits across from Whale Beach which is one of the highest points in Strathmere. No storm damage to the structure of the home occurred. If you are a boater, Whale Creek Marina is just behind the home. Surfer, sunbather, dog walker? We have you covered. Priced under assessed value.

Last Agent to Sell the Property

Lawrence Joseph Cech

KELLER WILLIAMS CITY VIEWS Listed on: 02/06/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1994

Lot Details

  • 0.31

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Water Views
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

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

Additional Features

  • Beach Front
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 11 / 791

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,000

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Front, Island, Water Front, Water View
  • District Township: 11-Upper Township
  • Also Includes: Curtains, Blinds, Partial Furniture, Window Treatments
  • Estimated Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Loft
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3000
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Frontage: 95
  • Outside Features: Deck, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: Black Top Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Public

Lot Info

  • Lot Number: 11
  • Lot Size: 95x140
  • Total Assessment: 794000
  • Lot Size Range: 1/4 to 1 Acre

Tax Info

  • Tax Database Id: 1
  • Taxes: > 10000
  • Assessor Parcel Number: 11007910000000110000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2014
Closed on
Mar 24, 2015
Sold by
Sagot Neil and Sagot Maureen
Bought by
Boland Joseph
Seller's Agent
Lawrence Joseph Cech
KELLER WILLIAMS CITY VIEWS
List Price
$995,000
Sold Price
$819,000
Premium/Discount to List
-$176,000
-17.69%
Current Estimated Value
$2,295,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,476,078
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
Jan 30, 1998
Sold by
Oceanside Development Corp
Bought by
Sagot Neil and Sagot Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.95%

Purchase Details

Closed on
Jun 28, 1993
Sold by
Oceanside Development Corp
Bought by
Atlantic City Electric & Nj Bell

Purchase Details

Closed on
Mar 2, 1993
Sold by
Thurber Anthony
Bought by
Oceanside Devel Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boland Joseph $819,000 None Available
Sagot Neil $360,000 --
Sagot Neil $360,000 --
Atlantic City Electric & Nj Bell -- --
Oceanside Devel Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sagot Neil $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2015 03/24/15 Sold $819,000 -17.7% $273 / Sq Ft
02/22/2015 02/22/15 Pending -- -- --
02/06/2014 02/06/14 For Sale $995,000 -- $332 / 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 $17,752 $799,300 $522,400 $276,900
2024 $17,752 $799,300 $522,400 $276,900
2023 $16,857 $799,300 $522,400 $276,900
2022 $16,290 $799,300 $522,400 $276,900
2021 $15,586 $794,000 $522,400 $271,600
2020 $14,999 $794,000 $522,400 $271,600
2019 $14,633 $794,000 $522,400 $271,600
2018 $14,252 $794,000 $522,400 $271,600
2017 $14,094 $794,000 $522,400 $271,600
2016 $14,308 $794,000 $522,400 $271,600
2015 $13,927 $794,000 $522,400 $271,600
2014 $16,336 $1,140,000 $900,000 $240,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lawrence Joseph Cech

    KELLER WILLIAMS CITY VIEWS

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 156028

Cape May County Association of REALTORS®

APN: 11-00791-0000-00011

New Jersey Cape May County Strathmere 08243

2400 Commonwealth Ave, Strathmere, NJ

Not Listed for Sale

Detached

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