NOT LISTED FOR SALE

5 E Sumner Ave Strathmere, NJ 08248

Estimated Value: $902,000 - $1,055,695

2 Beds
1 Bath
-- Sq Ft
4,008 Sq Ft Lot

Last Sold May 08, 2020

Last sale price $450,000

Est. 120% increase in value since last sale

Current estimated payment $6,721/month

201 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Ranch Style House
  • Furnished
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Den

About This Home

As of May 2020

Stop by and check out this adorable Beach Block Summer Cottage, in the desirable, super quaint town of Strathmere. You will feel like you're step back in time in this town. It has the most beautiful beaches along the coast. . . It is so peaceful and quiet BUT there's all kinds of Summer fun... right outside your doorstep. This location is excellent and is only a 10 minute drive to the Ocean City Boardwalk and 3 miles to Sea Isle City, for all kinds of entertainment. This cottage is so conveniently located, just hop on your bike and go. There is also great bayfront dining you can't beat. Expansion of improvements is always a possibility. This home has a an excellent rental history. Call for an appointment. It won't last....

Last Listed By

John A. McCann

C A McCann and Sons, Inc License #8545402 Listed on: 07/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,827

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 40 x 100
  • Building is beachfront but unit may not have water views

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House
  • Asbestos Siding

Interior Spaces

  • Furnished
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

  • Window Unit Cooling System
  • Gas Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,827

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Also Includes: Furnished
  • Estate: Yes
  • Lvt Date: 07/25/2019
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Den/Tv Room, Eat In Kitchen

Exterior Features

  • Outside Features: Outside Shower, Porch
  • Siding Exterior: Asbestos

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Window Units
  • Sewer: Septic
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 40 x 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
Eberts James D
Bought by
Eberts James D and Eberts Paige M
Total Days on Market
201
Current Estimated Value
$989,424

Purchase Details

Listed on
Jul 22, 2019
Closed on
May 11, 2020
Sold by
Fisher Michael R Est
Bought by
Eberts James and Eberys Paige
Seller's Agent
John A. McCann
C A McCann and Sons, Inc
Buyer's Agent
John A. McCann
C A McCann and Sons, Inc
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.10%
Original Mortgage
$405,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2003

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
Eberts James D -- None Listed On Document
Eberts James $450,000 Misc Company
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eberts James $405,000
Previous Owner Fisher Michael R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $450,000 -5.3% --
02/08/2020 02/08/20 Pending -- -- --
01/12/2020 01/12/20 Price Changed $475,000 -4.0% --
08/30/2019 08/30/19 Price Changed $495,000 -10.0% --
07/22/2019 07/22/19 For Sale $550,000 -- --
Source: South Jersey Shore Regional MLS

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
2024 $14,827 $667,600 $363,800 $303,800
2023 $14,080 $667,600 $363,800 $303,800
2022 $7,414 $363,800 $363,800 $0
2021 $5,441 $363,800 $363,800 $0
2020 $7,480 $396,000 $363,800 $32,200
2019 $7,298 $396,000 $363,800 $32,200
2018 $7,108 $396,000 $363,800 $32,200
2017 $7,029 $396,000 $363,800 $32,200
2016 $7,136 $396,000 $363,800 $32,200
2015 $6,946 $396,000 $363,800 $32,200
2014 $7,953 $555,000 $530,000 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 525558

South Jersey Shore Regional MLS

APN: 11-00835-0000-00024