NOT LISTED FOR SALE

5 Seaview Ave Strathmere, NJ 08248

Estimated Value: $2,778,000 - $3,444,000

5 Beds
3 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold March 05, 2020

Last sale price $1,600,000

Est. 87% increase in value since last sale

Current estimated payment $19,355/month

93 Days on Market

About This Home

As of March 2020

Gorgeous beachfront in Strathmere, the secret of the shore. Custom built 5 bedroom, 3 full baths with multiple decks to soak up the welcoming sunrise. First level has 2 bedrooms, full bath, laundry room and a one and a half car garage. Second level has open living, dining, and kitchen with beautiful granite throughout. Two bedrooms, full bath, decks front and rear. 3rd level has a large family room, master suite with stunning marble full bath, atrium and stairs to the rooftop deck. This a great beachfront home in a location to match. Take a look and make it yours. Mystical spiral stairways take you to the top of the world.

Last Agent to Sell the Property

JOSEPH SCAFARIO

HOME PORT REALTY, INC. License #RB-7866530 Listed on: 09/15/2019

Last Buyer's Agent

John A. McCann

C A McCann and Sons, Inc License #8545402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,950

Lot Details

  • 4,008

Parking

  • 1.5 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • 3-Story Property
  • Lot Dimensions are 40x100

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 09/15/2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Bedrooms: 5
  • Full Bathrooms: 3

Garage/Parking

  • Garage: One And Half Car
  • Parking Exterior: Two Car

Utilities

  • Heating: Gas-Natural
  • Sewer: Septic
  • Water: Public

Lot Info

  • Lot Dimensions: 40x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2019
Closed on
Feb 21, 2020
Sold by
Azeez Michael B and Azeez Kathleen K
Bought by
Marrazo John A and Hemling Mark E
Seller's Agent
JOSEPH SCAFARIO
HOME PORT REALTY, INC.
Buyer's Agent
John A. McCann
C A McCann and Sons, Inc
List Price
$1,700,000
Sold Price
$1,600,000
Premium/Discount to List
-$100,000
-5.88%
Current Estimated Value
$2,992,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,392,299
Avg. Annual Appreciation
12.78%
Original Mortgage
$1,280,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 1983
Bought by
Azeez Michael B and Azeez Kathleen K
Source: Public Records

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
Marrazo John A $1,600,000 Misc Company
Azeez Michael B $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marrazo John A $1,280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2020 03/05/20 Sold $1,600,000 -5.9% --
12/17/2019 12/17/19 Pending -- -- --
09/15/2019 09/15/19 For Sale $1,700,000 -- --
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 $33,950 $1,528,600 $850,000 $678,600
2023 $32,238 $1,528,600 $850,000 $678,600
2022 $31,153 $1,528,600 $850,000 $678,600
2021 $22,222 $1,528,600 $850,000 $678,600
2020 $28,875 $1,528,600 $850,000 $678,600
2019 $31,770 $1,723,800 $850,000 $873,800
2018 $30,942 $1,723,800 $850,000 $873,800
2017 $30,597 $1,723,800 $850,000 $873,800
2016 $31,063 $1,723,800 $850,000 $873,800
2015 $30,235 $1,723,800 $850,000 $873,800
2014 $17,554 $1,225,000 $945,000 $280,000
Source: Public Records

Agents Affiliated with this Home

  • JOSEPH SCAFARIO

    Seller's Agent in 2020

    JOSEPH SCAFARIO

    HOME PORT REALTY, INC.

    (609) 398-8400

    Section Image
  • John A. McCann

    Buyer's Agent in 2020

    John A. McCann

    C A McCann and Sons, Inc

    (609) 408-8106

    8 in this area

    148 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 527963

South Jersey Shore Regional MLS

APN: 11-00862-0000-00009

New Jersey Cape May County Strathmere 08243

5 Seaview Ave, Strathmere, NJ

This home is located at 5 Seaview Ave, Strathmere, NJ 08248 since 15 September 2019 and is currently estimated at $3,089,198. 5 Seaview Ave is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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