NOT LISTED FOR SALE

249 88th St Stone Harbor, NJ 08247

Estimated Value: $3,942,807 - $4,836,000

5 Beds
4 Baths
2,440 Sq Ft
$1,775/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $3,495,000 $1,432 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $24,649/month

5 Days on Market

Highlights

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

About This Home

As of January 2022

This home is located at 249 88th St, Stone Harbor, NJ 08247 since 24 November 2021 and is currently estimated at $4,329,952, approximately $1,774 per square foot. This property was built in 2015. 249 88th St is a home located in Cape May County with nearby schools including Stone Harbor Elementary School.

Last Agent to Sell the Property

William Leahy

LONG & FOSTER REAL ESTATE, INC av Listed on: 11/24/2021

LONG & FOSTER REAL ESTATE, INC av

Last Buyer's Agent

Ann Delaney

Tim Kerr Sotheby's International Realty License #7938915

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,716

Year Built

  • Built in 2015

Lot Details

  • Lot Dimensions are 45' x 110'
  • Fenced Yard
  • Interior Lot
  • Sprinkler System
  • Property is zoned Res.

Home Design

  • Upside Down Style Home

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 3 Car Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property near a bay
  • Deck
  • Enclosed patio or porch

Location

  • Island Location

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 92 / 88

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,716

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 10-Stone Harbor
  • Also Includes: Blinds, Furniture, See Remarks
  • Estimated Year Built: 2015
  • Bay Proximity: 1 Block
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 249
  • Lot Size2: 45' x 110'
  • Price per Sq Ft: 1432.38
  • Selling Agent1: 164
  • Selling Office1: 46
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Walk in Closet, Tile Flooring
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 7
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 2440
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Other
  • House Color: Light Green
  • Outside Features: Deck, Enclosed/Covered Patio, Fenced Yard, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: 3 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 92
  • Lot Size: 1 to 6000 SqFt
  • Sub Block: 03
  • Sub Lot: 02
  • Total Assessment: 1756700
  • Zoning: Res.

Tax Info

  • Taxes: 10715.87
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 14, 2022
Sold by
Franzen Marcus E and Franzen Elizabeth Mary
Bought by
Tucker Ross F and Tucker Kara K
Seller's Agent
William Leahy
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
Ann Delaney
Tim Kerr Sotheby's International Realty
List Price
$3,495,000
Sold Price
$3,495,000
Current Estimated Value
$4,301,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,903
Avg. Annual Appreciation
5.83%
Original Mortgage
$2,796,000
Outstanding Balance
$2,606,331
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$1,663,282

Purchase Details

Listed on
May 12, 2016
Closed on
Jul 15, 2016
Sold by
Welsh Thomas J and Guida Kristin
Bought by
Franzen Marcus Edward and Franzen Mary Elizabeth
Seller's Agent
Deborah Grassi
Coldwell Banker James C Otton Real Estate
List Price
$1,795,000
Sold Price
$1,775,000
Premium/Discount to List
-$20,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Original Mortgage
$1,420,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2014
Sold by
Hills Virginia Jean and Lambert Doris A
Bought by
Welsh Thomas J and Guida Kristin

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
4.02%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 31, 1983
Bought by
Hills Virginia J and Hills Lambert D
Source: Public Records

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
Tucker Ross F $3,495,000 Shore Title
Franzen Marcus Edward $1,775,000 None Available
Welsh Thomas J $825,000 Seaboard Title Agency
Hills Virginia J $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucker Ross F $2,796,000
Previous Owner Franzen Marcus Edward $1,420,000
Previous Owner Welsh Thomas J $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $3,495,000 0.0% $1,432 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $3,495,000 +96.9% $1,432 / Sq Ft
07/15/2016 07/15/16 Sold $1,775,000 -1.1% $740 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $1,795,000 -- $748 / 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 $13,140 $1,756,700 $936,000 $820,700
2024 $13,140 $1,756,700 $936,000 $820,700
2023 $12,912 $1,756,700 $936,000 $820,700
2022 $12,156 $1,756,700 $936,000 $820,700
2021 $11,524 $1,756,700 $936,000 $820,700
2020 $10,716 $1,756,700 $936,000 $820,700
2019 $10,066 $1,756,700 $936,000 $820,700
2018 $9,697 $1,756,700 $936,000 $820,700
2017 $6,817 $1,228,300 $748,800 $479,500
2016 $6,571 $1,228,300 $748,800 $479,500
2015 $6,449 $748,800 $748,800 $0
2014 $4,488 $866,400 $748,800 $117,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214253

Cape May County Association of REALTORS®

APN: 10-00088-03-00092-02