NOT LISTED FOR SALE

505 S Bayview Dr Strathmere, NJ 08248

Upper Area

Estimated Value: $1,063,632 - $1,382,000

3 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: August 14, 2020

Last sale price $590,000

Est. 98% increase in value since last sale

Current estimated payment $6,982 / mo

134 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • A-Frame Home
  • Ocean City Primary School Rated A
  • Island Location
  • Deck

About This Home

As of August 2020

This home is located at 505 S Bayview Dr, Strathmere, NJ 08248 since 24 February 2020 and is currently estimated at $1,169,658. This property was built in 1960. 505 S Bayview Dr 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

Mary Grace Curran

C. A. McCANN & SONS Listed on: 02/24/2020

Last Buyer's Agent

John A. McCann

C. A. McCANN & SONS License #8545402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,572

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 33 x 92
  • Interior Lot

Home Design

  • A-Frame Home
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Drapes & Rods
  • Living Room
  • Screened Porch
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Outdoor Grill

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Solar Water Heater
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 3 / 833

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,572

Year Built

Built in 1960

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, Water View
  • District Township: 11-Upper Township
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture, Window Treatments
  • Estimated Year Built: 1960
  • Bay Proximity: 1 Block
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Lot Size2: 33 X 92
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Skylight, Smoke/Fire Alarm
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Other Rooms: Living Room, Eat-In-Kitchen, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, A Frame
  • Exterior: Vinyl
  • Frontage: 33
  • Outside Features: Deck, Screened Porch, Grill, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 2 Car, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural
  • Hot Water: Gas- Natural, Solar
  • Sewer: Septic
  • Water: Public

Lot Info

  • Lot Number: 3
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 356600

Tax Info

  • Taxes: 6572.14
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Aug 6, 2020
Sold by
Bought by
Seller's Agent
Mary Grace Curran
C. A. McCANN & SONS
Buyer's Agent
John A. McCann
C. A. McCANN & SONS
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Current Estimated Value
$1,169,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,658
Avg. Annual Appreciation
12.28%
Original Mortgage
$390,000
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
0.0594%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 16, 2005
Sold by
Bought by

Purchase Details

Closed on
May 5, 2000
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$590,000 None Available
-- Misc Company
$615,000 --
-- --
$195,000 --
$120,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $390,000
Previous Owner $427,000
Previous Owner $492,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $590,000 -5.6% --
07/07/2020 07/07/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $625,000 -- --
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,980 $359,300 $306,700 $52,600
2025 $7,980 $359,300 $306,700 $52,600
2024 $7,980 $359,300 $306,700 $52,600
2023 $7,578 $359,300 $306,700 $52,600
2022 $7,323 $359,300 $306,700 $52,600
2021 $5,211 $359,300 $306,700 $52,600
2020 $6,736 $356,600 $306,700 $49,900
2019 $6,572 $356,600 $306,700 $49,900
2018 $6,401 $356,600 $306,700 $49,900
2017 $6,330 $356,600 $306,700 $49,900
2016 $6,426 $356,600 $306,700 $49,900
2015 $6,255 $356,600 $306,700 $49,900
2014 $6,322 $441,200 $353,400 $87,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 200814

Cape May County Association of REALTORS®

APN: 11-00833-0000-00003

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