NOT LISTED FOR SALE

5 Webster Ave Strathmere, NJ 08248

Estimated Value: $909,766 - $1,439,000

2 Beds
1 Bath
-- Sq Ft
0.81 Acres

Last Sold May 04, 2018

Last sale price $510,000

Est. 136% increase in value since last sale

Current estimated payment $7,039/month

47 Days on Market

Highlights

  • Property is near a beach
  • Building is beachfront but unit may not have water views
  • Furnished
  • Ocean City Primary School Rated A
  • Island Location
  • Cottage

About This Home

As of May 2018

This home is located at 5 Webster Ave, Strathmere, NJ 08248 since 06 February 2018 and is currently estimated at $1,204,192. This property was built in 1930. 5 Webster 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.

Last Agent to Sell the Property

Bruce Riordan

RIORDAN REAL ESTATE INC. Listed on: 02/06/2018

Co-Listed By

BRIAN W RIORDAN

RIORDAN REAL ESTATE INC.

Last Buyer's Agent

John "Jack" Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,944

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 35x110
  • Building is beachfront but unit may not have water views
  • Cleared Lot
  • Property is zoned RR

Home Design

  • Cottage
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Blinds
  • Living Room
  • Dining Room
  • Workshop
  • Storage
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 4 Car Detached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Patio
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 24 / 845

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,944

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Cleared Lot, Island
  • District Township: 11-Upper Township
  • Near: Beach
  • Also Includes: Shades, Blinds, Rugs, Furniture, Window Treatments
  • Estimated Year Built: 1930
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Listing Office2: 392
  • Lot Size2: 35x110
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Appliances Included: Range, Oven, Washer, Dryer, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Smoke/Fire Alarm, Storage, Laminate Flooring, Vinyl Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 8
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Dining Room, Kitchen, Pantry, Laundry/Utility Room, Workshop, Storage Attic

Exterior Features

  • Construction: Cottage
  • Exterior: Vinyl, Masonry Block
  • Frontage: 35
  • House Color: White
  • Outside Features: Patio, Porch, Storage Building, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Detached, Concrete Driveway, 4 car parking

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Gas Natural, Space/Wall/Floor
  • Hot Water: Electric
  • Sewer: Septic
  • Water: City

Lot Info

  • Lot Number: 24
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 391200
  • Zoning: RR

Tax Info

  • Taxes: 6943.8
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
May 4, 2018
Sold by
Anderson Decima M
Bought by
Hanscom Gregory D and Hanscom Laura M
Seller's Agent
Bruce Riordan
RIORDAN REAL ESTATE INC.
Buyer's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
List Price
$484,000
Sold Price
$510,000
Premium/Discount to List
$26,000
5.37%
Current Estimated Value
$1,204,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,192
Avg. Annual Appreciation
11.97%
Original Mortgage
$408,000
Outstanding Balance
$351,302
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$852,890
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
Hanscom Gregory D $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanscom Gregory D $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $510,000 +5.4% --
04/04/2018 04/04/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $484,000 -- --
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 $8,689 $391,200 $346,200 $45,000
2024 $8,689 $391,200 $346,200 $45,000
2023 $8,250 $391,200 $346,200 $45,000
2022 $7,973 $391,200 $346,200 $45,000
2021 $5,687 $391,200 $346,200 $45,000
2020 $7,390 $391,200 $346,200 $45,000
2019 $7,210 $391,200 $346,200 $45,000
2018 $7,022 $391,200 $346,200 $45,000
2017 $6,944 $391,200 $346,200 $45,000
2016 $7,049 $391,200 $346,200 $45,000
2015 $6,862 $391,200 $346,200 $45,000
2014 $7,430 $518,500 $468,500 $50,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bruce Riordan

    RIORDAN REAL ESTATE INC.

    (609) 827-0135

    27 in this area

    37 Total Sales

    Bruce Riordan
    Section Image

  • B

    Seller Co-Listing Agent in 2018

    BRIAN W RIORDAN

    RIORDAN REAL ESTATE INC.

    (609) 263-3235

    31 in this area

    44 Total Sales

    BRIAN W RIORDAN
    Section Image

  • J

    Buyer's Agent in 2018

    John "Jack" Vizzard

    BERKSHIRE HATHAWAY HS FOX & ROACH - AV

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 180226

Cape May County Association of REALTORS®

APN: 11-00845-0000-00024

New Jersey Cape May County Strathmere 08243

5 Webster Ave, Strathmere, NJ

Not Listed for Sale

Detached

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