NOT LISTED FOR SALE

704 S Commonwealth Ave Strathmere, NJ 08248

Estimated Value: $1,884,000 - $2,722,000

3 Beds
3 Baths
2,858 Sq Ft
$770/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $1,675,000 $586 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,779/month

22 Days on Market

Highlights

  • Property is near a beach
  • Deck
  • Corner Lot
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of December 2023

This home is located at 704 S Commonwealth Ave, Strathmere, NJ 08248 since 21 August 2023 and is currently estimated at $2,200,477, approximately $769 per square foot. This property was built in 2016. 704 S Commonwealth 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

John O'Dea

COMPASS RE - Avalon Dune License #0571252 Listed on: 08/21/2023

Last Buyer's Agent

John O'Dea

COMPASS RE - Avalon Dune License #0571252 Listed on: 08/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,641

Year Built

  • Built in 2016

Lot Details

  • Fenced Yard
  • Corner Lot

Home Design

  • Masonry Siding
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2,858 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Bar
  • Gas Fireplace
  • Blinds
  • Great Room
  • Dining Area
  • Storage

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / 828

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,641

Year Built

Built in 2016

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Seasonal: XXX
  • Location: Corner
  • District Township: 11-Upper Township
  • Near: Beach & Bay
  • Also Includes: Blinds, Window Treatments
  • Estimated Year Built: 2016
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 5,940
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Elevator, Fireplace- Gas, Wood Flooring, Security System, Storage, Wall to Wall Carpet
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Total Rooms: 12
  • Estimated Living Sq Ft: 2858
  • Other Rooms: Kitchen, Eat-In-Kitchen, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Two Story
  • Exterior: Metal, Vinyl, Masonry Block
  • Frontage: 60
  • House Color: Light Grey/ White
  • Outside Features: Deck, Porch, Fenced Yard, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener, Heated Garage, Concrete Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Public

Lot Info

  • Lot Number: 3
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 718400

Tax Info

  • Taxes: 14641
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Dec 15, 2023
Sold by
Conwell Donald P and Conwell Kristy L
Bought by
Hunter William D and Hunter Heather R
Seller's Agent
John O'Dea
COMPASS RE - Avalon Dune
Buyer's Agent
John O'Dea
COMPASS RE - Avalon Dune
List Price
$1,799,000
Sold Price
$1,675,000
Premium/Discount to List
-$124,000
-6.89%
Views
36
Current Estimated Value
$2,200,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,477
Avg. Annual Appreciation
12.95%
Original Mortgage
$1,340,000
Outstanding Balance
$1,313,135
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$887,342

Purchase Details

Listed on
Jun 27, 2015
Closed on
Nov 19, 2015
Sold by
Kohaut Marla
Bought by
Conwell Donald P and Conwell Kristy L Holden
Seller's Agent
Kevin Kozak
COMPASS RE - Avalon Dune
List Price
$649,000
Sold Price
$650,000
Premium/Discount to List
$1,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%

Purchase Details

Closed on
May 15, 2012
Sold by
Kohaut Marla and The Estate Of Louis Robert Jos
Bought by
Kohaut Marla
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
Hunter William D $1,675,000 Seaboard Title
Hunter William D $1,675,000 Seaboard Title
Conwell Donald P $65,000,000 None Available
Kohaut Marla -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter William D $1,340,000
Closed Hunter William D $1,340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $1,675,000 -6.9% $586 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $1,799,000 +176.8% $629 / Sq Ft
11/23/2015 11/23/15 Sold $650,000 +0.2% -- View Prior Sale
10/24/2015 10/24/15 Pending -- -- --
06/27/2015 06/27/15 For Sale $649,000 -- --
Source: Cape May County Association of REALTORS®

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 $15,956 $718,400 $355,000 $363,400
2024 $15,956 $718,400 $355,000 $363,400
2023 $15,151 $718,400 $355,000 $363,400
2022 $14,641 $718,400 $355,000 $363,400
2021 $10,444 $718,400 $355,000 $363,400
2020 $13,571 $718,400 $355,000 $363,400
2019 $13,240 $718,400 $355,000 $363,400
2018 $12,895 $718,400 $355,000 $363,400
2017 $12,752 $718,400 $355,000 $363,400
2016 $12,946 $718,400 $355,000 $363,400
2015 $12,601 $718,400 $355,000 $363,400
2014 $8,809 $614,700 $477,100 $137,600
Source: Public Records

Agents Affiliated with this Home

  • John O'Dea

    Seller's Agent in 2023

    John O'Dea

    COMPASS RE - Avalon Dune

    (609) 602-9784

    1 in this area

    54 Total Sales

    John O'Dea
    Section Image
  • Kevin Kozak

    Seller's Agent in 2015

    Kevin Kozak

    COMPASS RE - Avalon Dune

    (609) 628-3095

    2 in this area

    46 Total Sales

    Kevin Kozak
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 232205

Cape May County Association of REALTORS®

APN: 11-00828-0000-00003

New Jersey Cape May County Strathmere 08243

704 S Commonwealth Ave, Strathmere, NJ

Not Listed for Sale

Detached

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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