NOT LISTED FOR SALE

5 W Vincent Ave Strathmere, NJ 08248

Estimated Value: $2,251,738 - $3,330,000

0.18 Acre
$14,942,374 Price per Acre
7,797 Sq Ft Lot

Last Sold January 20, 2016

Last sale price $313,000

Est. 755% increase in value since last sale

Current estimated payment $15,906/month

143 Days on Market

Highlights

  • Water Views
  • Property is near a beach
  • Interior Lot
  • Ocean City Primary School Rated A
  • Island Location

About This Lot

As of January 2016

Seller did all the work for you, the hard part is DONE!!! An Awesome buildable lot in the heart of Strathmere. SEPTIC INSTALLED this is an oversized lot to construct a Single Family Home. Views of the bay and ocean from this location. This is a great opportunity to design what you want in the perfect getaway beach house. Short drive to Sea Isle and a 10 Minute driveway to the outstanding family boardwalk in Ocean City. You have the best of both worlds, summer, sun, and beach fun, without the crowds! This is a Must See - call office for details on the size of dwelling that can be constructed.

Last Agent to Sell the Property

Mary Grace Curran

C. A. McCANN & SONS Listed on: 07/31/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,409

Lot Details

  • Interior Lot
  • Cleared Lot

Outdoor Features

  • Property is near a beach
  • Property near a bay

Additional Features

  • Water Views
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 12 / 840

Property Details

Property Type

Land

Est. Annual Taxes

$7,409

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Inside Lot, Island, Water View
  • District Township: 11-Upper Township
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 12
  • Lot Size: 60x130
  • Zoning: Residentia
  • Lot Size Range: 1 to 6000 SqFt
  • Topography: Partially Cleared
  • Zoning: Residential

Tax Info

  • Tax Database Id: 1
  • Taxes: 7408.6
  • Assessor Parcel Number: 11008400000000120000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2018
Sold by
Palz Llc
Bought by
Vincent Llc
Current Estimated Value
$2,674,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Outstanding Balance
$601,128
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,073,557

Purchase Details

Listed on
Jul 31, 2015
Closed on
Jan 20, 2016
Sold by
Rejack Llc
Bought by
Palz Llc
Seller's Agent
Mary Grace Curran
C. A. McCANN & SONS
List Price
$465,000
Sold Price
$313,000
Premium/Discount to List
-$152,000
-32.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.23%

Purchase Details

Closed on
Mar 18, 2013
Sold by
Coppola Donna
Bought by
Rejack Llc

Purchase Details

Closed on
Jan 10, 2011
Sold by
Delserro Randy
Bought by
Coppola Donna

Purchase Details

Closed on
Jun 26, 2009
Sold by
Delserro Randy and Coppola Donna
Bought by
Delserro Randy and Coppola Donna

Purchase Details

Closed on
Aug 8, 2008
Sold by
Sottung Richard
Bought by
Delserro Randy and Coppola Donna
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
Vincent Llc $999,000 --
Palz Llc $313,000 Shore Title Agency Inc
Rejack Llc $100,000 Shore Title Agency Inc
Coppola Donna -- None Available
Delserro Randy -- None Available
Delserro Randy $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Llc $699,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2016 01/20/16 Sold $313,000 -32.7% --
12/21/2015 12/21/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $465,000 -- --
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 $22,043 $992,500 $379,000 $613,500
2024 $22,043 $992,500 $379,000 $613,500
2023 $20,932 $992,500 $379,000 $613,500
2022 $20,227 $992,500 $379,000 $613,500
2021 $19,468 $992,500 $379,000 $613,500
2020 $18,748 $992,500 $379,000 $613,500
2019 $18,292 $992,500 $379,000 $613,500
2018 $17,815 $992,500 $379,000 $613,500
2017 $6,727 $379,000 $379,000 $0
2016 $6,830 $379,000 $379,000 $0
2015 $6,648 $379,000 $379,000 $0
2014 $5,445 $380,000 $380,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mary Grace Curran

    C. A. McCANN & SONS

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 165385

Cape May County Association of REALTORS®

APN: 11-00840-0000-00012

New Jersey Cape May County Strathmere 08243

5 W Vincent Ave, Strathmere, NJ

Not Listed for Sale

Lots

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