NOT LISTED FOR SALE

331 83rd St Unit 4 Stone Harbor, NJ 08247

Estimated Value: $1,299,000 - $1,668,000

3 Beds
2 Baths
1,798 Sq Ft
$839/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $1,400,000 $779 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,504/month

85 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Cathedral Ceiling
  • Stone Harbor Elementary School Rated A
  • Island Location
  • Main Floor Primary Bedroom

About This Home

As of October 2022

This home is located at 331 83rd St Unit 4, Stone Harbor, NJ 08247 since 16 June 2022 and is currently estimated at $1,507,661, approximately $838 per square foot. This property was built in 1989. 331 83rd St Unit 4 is a home located in Cape May County with nearby schools including Stone Harbor Elementary School.

Last Agent to Sell the Property

Hugh Merkle

COMPASS RE - Stone Harbor Listed on: 06/16/2022

COMPASS RE - Stone Harbor

Last Buyer's Agent

Hugh Merkle

COMPASS RE - Stone Harbor Listed on: 06/16/2022

COMPASS RE - Stone Harbor

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,705

Year Built

  • Built in 1989

Lot Details

  • 7,710

Interior Spaces

  • 1,798 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Area
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Location

  • Island Location

Utilities

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

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 132 / 83.04

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,705

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot, Island, Water View
  • District Township: 10-Stone Harbor
  • Near: Bay
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1989
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Capital Contribution: No
  • OFFICELIST_ADDRESS2: TOWN HOUSE
  • Second Address Number: 331
  • Price per Sq Ft: 778.64
  • Selling Agent1: 348
  • Selling Office1: 831
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1
  • Year Built: 1989

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1798
  • Other Rooms: Living Room, Eat In Kitchen, Dining Area, Laundry/Utility Room, Great Room, 1st Floor Master Bedroom

Garage/Parking

  • Parking: Parking Pad, 2 Car

Utilities

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

Condo/Co-op/Association

  • Unit: 4
  • Common Area Features: Deck/Porch, Cable TV, Outside Shower
  • Condo Fees: SHARED INS
  • Unit Features: Fireplace, Kitchen Center Island, Wall To Wall Carpet, Cathedral Ceiling, Foyer, Tile Floors, Laminate Fooring
  • Unit Location: Water View

Lot Info

  • Lot Number: 132
  • Total Assessment: 564800
  • Zoning: S

Tax Info

  • Taxes: 3705.09
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Oct 28, 2022
Sold by
Hagman Christopher and Hagman Theresa
Bought by
Gotro Ryan Thomas and Gotro Christina Marie
Seller's Agent
Hugh Merkle
COMPASS RE - Stone Harbor
Buyer's Agent
Hugh Merkle
COMPASS RE - Stone Harbor
List Price
$1,599,000
Sold Price
$1,400,000
Premium/Discount to List
-$199,000
-12.45%
Current Estimated Value
$1,507,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,661
Avg. Annual Appreciation
2.62%
Original Mortgage
$1,120,000
Outstanding Balance
$1,075,855
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$431,806

Purchase Details

Closed on
Sep 20, 2012
Sold by
North Basin Llc
Bought by
Hagman Christopher and Hagman Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.59%
Mortgage Type
New Conventional
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
Gotro Ryan Thomas $1,400,000 Seaboard Title
Redacted Upon Request $1,400,000 Seaboard Title
Hagman Christopher $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $1,120,000
Closed Redacted Upon Request $1,120,000
Previous Owner Hagman Christopher $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $1,400,000 -5.1% $779 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $1,475,000 -4.8% $820 / Sq Ft
07/18/2022 07/18/22 Price Changed $1,549,000 -3.1% $862 / Sq Ft
06/16/2022 06/16/22 For Sale $1,599,000 -- $889 / 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 $4,225 $564,800 $398,100 $166,700
2024 $4,225 $564,800 $398,100 $166,700
2023 $4,151 $564,800 $398,100 $166,700
2022 $3,908 $564,800 $398,100 $166,700
2021 $3,705 $564,800 $398,100 $166,700
2020 $3,445 $564,800 $398,100 $166,700
2019 $3,236 $564,800 $398,100 $166,700
2018 $3,118 $564,800 $398,100 $166,700
2017 $3,039 $547,600 $416,000 $131,600
2016 $2,930 $547,600 $416,000 $131,600
2015 $2,875 $547,600 $416,000 $131,600
2014 $2,837 $706,800 $520,000 $186,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221878

Cape May County Association of REALTORS®

APN: 10-00083-04-00132-0000-C0004