NOT LISTED FOR SALE

8501 Pennsylvania Ave Stone Harbor, NJ 08247

Estimated Value: $4,718,726 - $7,423,000

4 Beds
3 Baths
3,112 Sq Ft
$1,854/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $3,000,000 $964 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $33,471/month

86 Days on Market

Highlights

  • In Ground Pool
  • Property near a bay
  • Marble Flooring
  • Stone Harbor Elementary School Rated A
  • Deck
  • 4-minute walk to Stone Harbor Recreation?

About This Home

As of January 2016

Stunning 4 bedroom home with astonishing craftsmanship and unmatched materials. Designed by Oliveri Architects and crafted by Craig Otton Builders, this 4 bedrooms 3 baths 2 lavs home with pool and cabana is truly a masterpiece. Located on one of Stone Harbor's most peaceful streets and centrally located to all the town's offerings. This home was custom built to be a showpiece. With custom cabinetry made from reclaimed alder wood, antique heart pine flooring, black granite counters, reclaimed mesquite mantle and countertop table, and more amenities than can be mentioned. Appliances include 2 Sub Zero refrigerators, 2 Miele dishwashers, Sub Zero wine fridge, Thermador range, Marvel refrigerated drawers, and that's just in the kitchen! This home must be seen to appreciate all the features that it offers

Last Agent to Sell the Property

A Lewis Purdy

A LEWIS PURDY REAL ESTATE INC Listed on: 10/05/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,935

Year Built

  • Built in 2007

Lot Details

  • Fenced Yard
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 3,112 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property near a bay
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 67 / 85

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,935

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 10-Stone Harbor
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Fireplace Equipment, Furniture, Window Treatments
  • Estimated Year Built: 2007
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Appliances Included: Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Kitchen Center Island, Security System, Smoke/Fire Alarm, Walk in Closet, Marble Flooring, Tile Flooring
  • Total Bathrooms: 3.2
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3112
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Two Story
  • Exterior: Stone, Wood
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Porch, Grill, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: 2 Car

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 67
  • Lot Size: 55' X 110'
  • Sub Lot: 68, 69, 70
  • Total Assessment: 2273300
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 11934.83
  • Assessor Parcel Number: 10000850021000670002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Jan 21, 2016
Sold by
Hamilton Jeremy S and Hamilton Leslie B
Bought by
Blacker Heather B and Blacker Kem H
Seller's Agent
A Lewis Purdy
A LEWIS PURDY REAL ESTATE INC
List Price
$3,450,000
Sold Price
$3,000,000
Premium/Discount to List
-$450,000
-13.04%
Current Estimated Value
$5,768,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,768,682
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Feb 21, 2013
Sold by
Fitz Linda A
Bought by
Hamilton Jeremy S and Hamilton Leslie B

Purchase Details

Closed on
May 4, 2009
Sold by
Salleroli Margaret E
Bought by
Swartz Donald A

Purchase Details

Closed on
Mar 18, 1998
Sold by
Guest Charles E
Bought by
Salleroli Nicholas M and Salleroli Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.96%

Purchase Details

Closed on
Aug 31, 1996
Sold by
Phillips Edward T
Bought by
Guest Charles E and Guest Eileen F
Source: Public Records

Range of Values:

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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
Blacker Heather B $3,000,000 Shore Title
Hamilton Jeremy S $2,400,000 None Available
Swartz Donald A $2,875,000 None Available
Salleroli Nicholas M $425,000 --
Guest Charles E $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salleroli Nicholas M $500,000
Previous Owner Salleroli Nicholas M $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $3,000,000 -13.0% $964 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $3,450,000 -- $1,109 / 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 $22,643 $3,027,100 $1,544,400 $1,482,700
2024 $22,643 $3,027,100 $1,544,400 $1,482,700
2023 $22,249 $3,027,100 $1,544,400 $1,482,700
2022 $20,948 $3,027,100 $1,544,400 $1,482,700
2021 $19,858 $3,027,100 $1,544,400 $1,482,700
2020 $18,465 $3,027,100 $1,544,400 $1,482,700
2019 $17,345 $3,027,100 $1,544,400 $1,482,700
2018 $16,710 $3,027,100 $1,544,400 $1,482,700
2017 $12,617 $2,273,300 $1,487,200 $786,100
2016 $12,162 $2,273,300 $1,487,200 $786,100
2015 $11,935 $2,273,300 $1,487,200 $786,100
2014 $11,776 $2,273,300 $1,487,200 $786,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 166869

Cape May County Association of REALTORS®

APN: 10-00085-21-00067-02