NOT LISTED FOR SALE

512 S Bayview Dr Strathmere, NJ 08248

Estimated Value: $1,994,000 - $3,810,000

3 Beds
1 Bath
1,500 Sq Ft
$1,775/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $1,249,000 $833 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $15,968/month

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Island Location
  • Ocean City Primary School Rated A
  • Boat Slip
  • Deck

About This Home

As of November 2021

This home is located at 512 S Bayview Dr, Strathmere, NJ 08248 since 31 July 2021 and is currently estimated at $2,663,001, approximately $1,775 per square foot. This property was built in 1930. 512 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

Bruce Riordan

RIORDAN REAL ESTATE INC. Listed on: 07/31/2021

Co-Listed By

BRIAN W RIORDAN

RIORDAN REAL ESTATE INC.

Last Buyer's Agent

BRIAN W RIORDAN

RIORDAN REAL ESTATE INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,841

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 25'x140'
  • Property Fronts a Bay or Harbor
  • Cleared Lot
  • Property is zoned RR

Home Design

  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Screened Porch
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Outdoor Storage
  • Outdoor Grill

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 8.01, 8.03 / 826

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,841

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Cleared Lot, Island, Water Front, Water View, Bulk Head
  • District Township: 11-Upper Township
  • Near: Bay
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture, Window Treatments
  • Estimated Year Built: 1930
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Listing Office2: 392
  • Lot Size2: 25'x140'
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Appliances Included: Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Storage, Tile Flooring, Vinyl Flooring
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 7
  • Estimated Living Sq Ft: 1500
  • Other Rooms: Living Room, Dining Room, Kitchen

Exterior Features

  • Construction: Two Story
  • Exterior: Wood
  • Frontage: 25
  • Outside Features: Deck, Porch, Screened Porch, Grill, Storage Building, Dock, Bulkhead, Sidewalks, Outside Shower, Boat Slips

Garage/Parking

  • Parking Garage: Carport, 2 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 8.01, 8.03
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 501300
  • Zoning: RR

Tax Info

  • Taxes: 9841
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
Sylk Tristan Jon and Sylk Gabrielle Iorio
Bought by
Ferguson Alfred C and Ferguson Cristen
Current Estimated Value
$2,663,001

Purchase Details

Listed on
Jul 31, 2021
Closed on
Nov 10, 2021
Sold by
Addario Ft
Bought by
Sylk Tristan J and Sylk Gabrielle I
Seller's Agent
Bruce Riordan
RIORDAN REAL ESTATE INC.
Buyer's Agent
BRIAN W RIORDAN
RIORDAN REAL ESTATE INC.
List Price
$1,249,000
Sold Price
$1,249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.50%

Purchase Details

Closed on
Dec 19, 2014
Sold by
Addario Dorothy A
Bought by
Addario Thomas and Addario Family Trust

Purchase Details

Closed on
Apr 26, 2000
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
Ferguson Alfred C $3,175,000 Shore Title
Ferguson Alfred C $3,175,000 Shore Title
Sylk Tristan J $1,249,000 None Available
Addario Thomas -- None Available
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2021 11/16/21 Sold $1,249,000 0.0% $833 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $1,249,000 -- $833 / Sq Ft
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 $23,514 $1,058,700 $425,000 $633,700
2024 $23,514 $1,058,700 $425,000 $633,700
2023 $8,963 $425,000 $425,000 $0
2022 $10,216 $501,300 $425,000 $76,300
2021 $9,841 $501,300 $425,000 $76,300
2020 $9,470 $501,300 $425,000 $76,300
2019 $9,239 $501,300 $425,000 $76,300
2018 $8,998 $501,300 $425,000 $76,300
2017 $8,898 $501,300 $425,000 $76,300
2016 $9,033 $501,300 $425,000 $76,300
2015 $8,793 $501,300 $425,000 $76,300
2014 $9,171 $640,000 $565,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    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 2021

    BRIAN W RIORDAN

    RIORDAN REAL ESTATE INC.

    (609) 263-3235

    32 in this area

    45 Total Sales

    BRIAN W RIORDAN
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 212810

Cape May County Association of REALTORS®

APN: 11 00826-0000-00008- 01

New Jersey Cape May County Strathmere 08248

512 S Bayview Dr, Strathmere, NJ

Not Listed for Sale

Detached

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