NOT LISTED FOR SALE

8514 2nd Ave Stone Harbor, NJ 08247

Estimated Value: $4,135,271 - $4,723,000

5 Beds
4 Baths
2,982 Sq Ft
$1,495/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $2,847,500 $955 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $26,102/month

29 Days on Market

Highlights

  • In Ground Pool
  • Island Location
  • Cathedral Ceiling
  • Stone Harbor Elementary School Rated A
  • Deck
  • 4-minute walk to Stone Harbor Recreation?

About This Home

As of December 2020

This home is located at 8514 2nd Ave, Stone Harbor, NJ 08247 since 18 September 2020 and is currently estimated at $4,459,318, approximately $1,495 per square foot. 8514 2nd Ave is a home located in Cape May County with nearby schools including Stone Harbor Elementary School.

Last Agent to Sell the Property

Stephen Frame

DILLER FISHER REALTORS License #8833010 Listed on: 09/18/2020

Last Buyer's Agent

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,050

Lot Details

  • Lot Dimensions are 55 x 110
  • Interior Lot

Parking

  • Driveway

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Island Location

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 63 / 85.21

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,050

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 10-Stone Harbor
  • Also Includes: Fireplace Equipment, Furniture, Window Treatments
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 8514
  • Lot Size2: 55 x 110
  • Selling Agent1: 191
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Smoke/Fire Alarm
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Cable TV, Sidewalks, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 63
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 12050
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Dec 14, 2020
Sold by
1129 Walnut Llc
Bought by
Weaver Clifford L and Weaver Jo B
Seller's Agent
Stephen Frame
DILLER FISHER REALTORS
Buyer's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$2,895,000
Sold Price
$2,847,500
Premium/Discount to List
-$47,500
-1.64%
Current Estimated Value
$4,518,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,671,277
Avg. Annual Appreciation
11.14%
Original Mortgage
$2,278,000
Outstanding Balance
$2,051,324
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,602,856

Purchase Details

Listed on
May 9, 2019
Closed on
Dec 16, 2019
Sold by
8514 Second Avenue Llc
Bought by
1129 Walnut Llc
Seller's Agent
Stephen Frame
DILLER FISHER REALTORS
Buyer's Agent
Stephen Frame
DILLER FISHER REALTORS
List Price
$2,895,000
Sold Price
$2,400,000
Premium/Discount to List
-$495,000
-17.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.65%

Purchase Details

Closed on
Sep 29, 2005
Sold by
Botti James V and Botti Annette
Bought by
8514 Second Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 23, 2005
Sold by
3F Development Inc
Bought by
Botti James and Botti Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,787,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2004
Sold by
Fessas Renos and Fessas Ourania
Bought by
3F Development Inc

Purchase Details

Closed on
Jan 10, 2004
Sold by
Iozzi Louis
Bought by
Fessas Renos and Fessas Ourania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Weaver Clifford L $2,847,500 None Available
1129 Walnut Llc $2,400,000 None Available
8514 Second Avenue Llc $3,000,000 Title Alliance Of Cape May C
Botti James $2,473,000 Title Alliance Of Cape May C
3F Development Inc -- Title Alliance Of Cape May C
Fessas Renos $970,000 --
Fessas Renos $970,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Clifford L $2,278,000
Previous Owner 8514 Second Avenue Llc $1,377,000
Previous Owner 8514 Second Avenue Llc $1,500,000
Previous Owner 8514 Second Avenue Llc $165,000
Previous Owner 8514 Second Avenue Llc $575,000
Previous Owner 8514 Second Avenue Llc $1,950,000
Previous Owner Botti James $1,787,000
Previous Owner Fessas Renos $776,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $2,847,500 -1.6% $955 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $2,895,000 +20.6% $971 / Sq Ft
12/18/2019 12/18/19 Sold $2,400,000 -17.1% $805 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $2,895,000 -- $971 / 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 $16,329 $2,183,000 $1,344,200 $838,800
2024 $16,329 $2,183,000 $1,344,200 $838,800
2023 $16,045 $2,183,000 $1,344,200 $838,800
2022 $15,106 $2,183,000 $1,344,200 $838,800
2021 $12,509 $2,183,000 $1,344,200 $838,800
2020 $13,316 $2,183,000 $1,344,200 $838,800
2019 $12,509 $2,183,000 $1,344,200 $838,800
2018 $12,050 $2,183,000 $1,344,200 $838,800
2017 $11,412 $2,056,200 $1,372,800 $683,400
2016 $11,001 $2,056,200 $1,372,800 $683,400
2015 $10,795 $2,056,200 $1,372,800 $683,400
2014 $10,651 $2,056,200 $1,372,800 $683,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203560

Cape May County Association of REALTORS®

APN: 10 00085- 21-00063- 01