NOT LISTED FOR SALE

5 W Sumner Ave Unit East Strathmere, NJ 08248

Estimated Value: $1,347,606 - $2,267,000

2 Beds
2.5 Baths
-- Sq Ft
5,924 Sq Ft Lot

Last Sold June 18, 2020

Last sale price $700,000

Est. 136% increase in value since last sale

Current estimated payment $9,830/month

146 Days on Market

Highlights

  • Water Views
  • New Construction
  • Recreation Room
  • Ocean City Primary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of June 2020

This new townhouse features 2 bedrooms plus an office, a ground level bonus room and an expansive living room, dining room and kitchen. Let the pictures do the talking when it comes to views and the close proximity to the beach and the bay! This unit has so much to offer, schedule an appointment to see for yourself!

Last Agent to Sell the Property

Dustin Laricks

Compass Real Estate-Sea Isle License #0018627 Listed on: 09/27/2019

Compass Real Estate-Sea Isle

Last Buyer's Agent

Dustin Laricks

Compass Real Estate-Sea Isle License #0018627 Listed on: 09/27/2019

Compass Real Estate-Sea Isle

Townhouse Details

Home Type

  • Townhome

Lot Details

  • 5,924

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Recreation Room
  • Wood Flooring
  • Water Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Pad

Outdoor Features

  • Deck

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Community Details

Overview

  • Association fees include insurance

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • New Construction: Yes
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Water View
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Recreation/Family
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural
  • Sewer: Septic
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Builders Control

Lot Info

  • Location: Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Foyer, Hardwood Floors

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Jun 12, 2020
Sold by
Jin Nj Lp
Bought by
Sidel Frank R and Renate-Sidel Lize
Seller's Agent
Dustin Laricks
Compass Real Estate-Sea Isle
Buyer's Agent
Dustin Laricks
Compass Real Estate-Sea Isle
List Price
$699,999
Sold Price
$700,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$1,651,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$951,402
Avg. Annual Appreciation
16.96%
Original Mortgage
$510,000
Outstanding Balance
$452,076
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,199,326
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sidel Frank R $700,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sidel Frank R $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2020 06/18/20 Sold $700,000 0.0% --
06/16/2020 06/16/20 Sold $700,000 0.0% -- View Prior Sale
05/08/2020 05/08/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $699,999 0.0% --
02/20/2020 02/20/20 Pending -- -- --
09/27/2019 09/27/19 For Sale $699,999 -- --
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
2025 $14,026 $631,500 $125,900 $505,600
2024 $14,026 $631,500 $125,900 $505,600
2023 $13,318 $631,500 $125,900 $505,600
2022 $12,870 $631,500 $125,900 $505,600
2021 $12,395 $631,500 $125,900 $505,600
Source: Public Records

Agents Affiliated with this Home

  • Dustin Laricks

    Seller's Agent in 2020

    Dustin Laricks

    COMPASS RE - Sic

    (609) 335-9442

    8 in this area

    170 Total Sales

    Dustin Laricks
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 529988

South Jersey Shore Regional MLS

APN: 11 00836-0000-00001-0000-C001

New Jersey Cape May County Strathmere 08243

5 W Sumner Ave Unit East, Strathmere, NJ

Not Listed for Sale

Townhouses

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