400 Commonwealth Ave Strathmere, NJ 08248
5
Beds
4
Baths
4,000
Sq Ft
0.31
Acres
Highlights
- Beach Front
- Spa
- Deck
- Ocean City Primary School Rated A
- Island Location
- Contemporary Architecture
About This Home
As of October 2024Experience the most private setting in all of Strathmere. This property boasts an over 11,500 sq. ft. lot surrounded by the picturesque Corson's Inlet State Park and expansive vistas beyond. The unparalleled privacy begins at the over 100' paver driveway that meanders through mature landscaping and past a Koi pond. Upon entering the home you will notice the thirty foot foyer ceilings. In total the home is over 4000 sq. ft. of seaside luxury with all of the amenities the most discriminating buyers would expect: elevator, two stone fireplaces, waterfront Jacuzzi, seven decks, alarm system, multi-car garage, radiant heating, & more. If you are looking for an unmatched private retreat this waterfront sanctuary is an absolute must see.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,856
Year Built
- Built in 1992
Lot Details
- Beach Front
- Property fronts an inlet
- Fenced Yard
- Corner Lot
- Cleared Lot
- Property is zoned RR
Home Design
- Contemporary Architecture
- Upside Down Style Home
- Stucco
Interior Spaces
- 4,000 Sq Ft Home
- 3-Story Property
- Elevator
- Central Vacuum
- Furnished
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Gas Fireplace
- Blinds
- Drapes & Rods
- Great Room
- Living Room
- Dining Room
- Den
- Workshop
- Storage
- Water Views
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Self-Cleaning Oven
- Stove
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Marble
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Exterior Basement Entry
- Crawl Space
Home Security
- Intercom
- Alarm System
- Fire and Smoke Detector
Parking
- 4 Car Attached Garage
- Carport
- Parking Pad
- Automatic Garage Door Opener
- Stone Driveway
Pool
- Spa
- Outdoor Shower
Outdoor Features
- Bulkhead
- Deck
- Outdoor Grill
- Porch
Location
- Island Location
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 8.02 / 866
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2023
Closed on
Oct 18, 2024
Sold by
Tigani F Gregory F and Tigani Judy
Bought by
Piazza Daniel J
Seller's Agent
Mike Ternosky
BHHS FOX and ROACH-Sea Isle City
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$4,250,000
Sold Price
$3,260,000
Premium/Discount to List
-$990,000
-23.29%
Views
826
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,299
Avg. Annual Appreciation
3.92%
Original Mortgage
$2,445,000
Outstanding Balance
$2,432,916
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$926,383
Purchase Details
Listed on
Oct 12, 2015
Closed on
Apr 14, 2016
Sold by
Faber Maureen H and Brancifort Kathleen
Bought by
Tigani Tigani F and Tigani Judy
Seller's Agent
Bruce Riordan
RIORDAN REAL ESTATE INC.
List Price
$2,749,000
Sold Price
$2,500,000
Premium/Discount to List
-$249,000
-9.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Purchase Details
Closed on
Dec 29, 2003
Sold by
Monaghan Patricia N
Bought by
Monaghan Patricia N and Monaghan John M
Purchase Details
Closed on
Jun 15, 2001
Sold by
Lord Albert L
Bought by
Monaghan John M and Monaghan Patricia N
Purchase Details
Closed on
Jul 28, 1992
Sold by
Realty Exchange Services Inc
Bought by
Lord Albert L and Lord Suzanne D
Purchase Details
Closed on
Jul 22, 1992
Sold by
Bonner James F and Bonner Anne
Bought by
Realty Exchange Services Inc
Purchase Details
Closed on
Jun 9, 1992
Sold by
Bonner James F and Bonner Anna
Bought by
Atlantic City Electric & Nj Bell
Purchase Details
Closed on
Apr 10, 1992
Sold by
Griffin Mary Ellen
Bought by
Bonner James F and Bonner Anne
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-
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Welcome to your Beach House, a stunning example of contemporary luxury situated on an expansive 60 x 115 lot, where breathtaking views of the Bay, Meadow, and Ocean greet every morning. This newly built gem features three stories of elegant living space, encompassing three bedrooms and three full bathrooms. Journey through the home using a cutting-edge four-stop elevator, beautifully finished
Dorothy Phillips BHHS FOX and ROACH-109 34th OC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,260,000 | Seaboard Title | |
| Deed | $2,500,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $1,837,500 | -- | |
| Deed | $1,837,500 | -- | |
| Deed | $800,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,445,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $3,260,000 | -23.3% | $815 / Sq Ft |
| 09/03/2024 09/03/24 | Pending | -- | -- | -- |
| 06/25/2024 06/25/24 | For Sale | $4,250,000 | 0.0% | $1,063 / Sq Ft |
| 06/25/2024 06/25/24 | Price Changed | $4,250,000 | +30.4% | $1,063 / Sq Ft |
| 06/20/2024 06/20/24 | Off Market | $3,260,000 | -- | -- |
| 02/16/2024 02/16/24 | Price Changed | $4,500,000 | -9.1% | $1,125 / Sq Ft |
| 06/28/2023 06/28/23 | For Sale | $4,950,000 | +98.0% | $1,238 / Sq Ft |
| 04/14/2016 04/14/16 | Sold | $2,500,000 | -9.1% | $625 / Sq Ft |
| 03/15/2016 03/15/16 | Pending | -- | -- | -- |
| 10/12/2015 10/12/15 | For Sale | $2,749,000 | -- | $687 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $50,830 | $2,288,600 | $1,015,000 | $1,273,600 |
| 2023 | $48,267 | $2,288,600 | $1,015,000 | $1,273,600 |
| 2022 | $46,642 | $2,288,600 | $1,015,000 | $1,273,600 |
| 2021 | $23,279 | $2,288,600 | $1,015,000 | $1,273,600 |
| 2020 | $43,232 | $2,288,600 | $1,015,000 | $1,273,600 |
| 2019 | $42,179 | $2,288,600 | $1,015,000 | $1,273,600 |
| 2018 | $41,080 | $2,288,600 | $1,015,000 | $1,273,600 |
| 2017 | $40,623 | $2,288,600 | $1,015,000 | $1,273,600 |
| 2016 | $24,509 | $1,360,100 | $1,015,000 | $345,100 |
| 2015 | $23,856 | $1,360,100 | $1,015,000 | $345,100 |
| 2014 | $20,062 | $1,400,000 | $1,000,000 | $400,000 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2024
Mike Ternosky
BHHS Fox & Roach
-
A
Buyer's Agent in 2024
AGENT NON-MEMBER
NON-MEMBER OFFICE
-
Bruce Riordan
B
Seller's Agent in 2016
Bruce Riordan
RIORDAN REAL ESTATE INC.
(609) 827-0135
28 in this area
42 Total Sales
-
BRIAN W RIORDAN
B
Seller Co-Listing Agent in 2016
BRIAN W RIORDAN
RIORDAN REAL ESTATE INC.
(609) 263-3235
31 in this area
49 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 166647
APN: 11-00866-0000-00008-02
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Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
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