NOT LISTED FOR SALE

8531 3rd Ave Stone Harbor, NJ 08247

Estimated Value: $2,159,467 - $3,097,000

3 Beds
1 Bath
624 Sq Ft
$4,321/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $610,500 $978 Per Sq Ft

Est. 342% increase in value since last sale

Current estimated payment $15,169/month

101 Days on Market

Highlights

  • Property near a bay
  • Main Floor Primary Bedroom
  • Corner Lot
  • Stone Harbor Elementary School Rated A
  • Sun or Florida Room
  • Cottage

About This Home

As of September 2015

Charming Old Stone Harbor cottage currently being used as a single family home. The cottage features two bedrooms and full bath with eat in kitchen, living room and enclosed porch. The detached two car garage has a one bedroom apartment with kitchen, half bath and another living room on the second floor. This 3 bedroom, 2 bath property occupies a corner lot with bay views just 3 blocks from one of Stone Harbor's finest beaches. Lovingly cared for by the same family for over 50 years. It has also been used as a duplex in the past providing rental income. There are two enclosed outside showers. This property offers a lot for the money.

Last Agent to Sell the Property

Thomas Keown

Coldwell Banker James C Otton Real Estate License #0015368 Listed on: 05/07/2015

Coldwell Banker James C Otton Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,238

Year Built

  • Built in 1930

Lot Details

  • Corner Lot
  • Property is zoned Res-C

Home Design

  • Cottage
  • Asbestos Siding

Interior Spaces

  • Partially Furnished
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 119.01 / 84.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,238

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 10-Stone Harbor
  • Near: Bay
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1930
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Appliances Included: Refrigerator, Washer, Dryer, Stove Natural Gas
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat-In-Kitchen, Florida Room, 1st Floor Master Bedroom

Exterior Features

  • Construction: Cottage
  • Exterior: Asbestos
  • Frontage: 80
  • House Color: Green
  • Outside Features: Patio, Enclosed/Covered Patio, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: 2 Car, Detached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Window Air Conditioning
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 119.01
  • Lot Size: 40 x 80
  • Sub Lot: 121.01
  • Total Assessment: 818200
  • Zoning: Res-C
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 4238.28
  • Assessor Parcel Number: 10000840004001190001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Aug 25, 2015
Sold by
Curtis John J and Curtis Judy Ann Jones
Bought by
Mcmahon Patrick
Seller's Agent
Thomas Keown
Coldwell Banker James C Otton Real Estate
List Price
$795,000
Sold Price
$610,500
Premium/Discount to List
-$184,500
-23.21%
Current Estimated Value
$2,696,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,085,617
Avg. Annual Appreciation
13.95%
Original Mortgage
$427,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2004
Sold by
Curtis Judy Ann Jones
Bought by
Curtis John J and Curtis Judy Ann Jones
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
Mcmahon Patrick $610,500 The Title Company Of Jersey
Curtis John J -- --
Curtis Judy Ann Jones -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Patrick $1,000,000
Closed Mcmahon Patrick $427,000
Previous Owner Curtis John J $75,000
Previous Owner Curtis John J $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2015 09/15/15 Sold $610,500 -23.2% $978 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $795,000 -- $1,274 / 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 $9,653 $1,290,500 $590,000 $700,500
2024 $9,653 $1,290,500 $590,000 $700,500
2023 $4,337 $590,000 $590,000 $0
2022 $4,358 $629,800 $590,000 $39,800
2021 $4,131 $629,800 $590,000 $39,800
2020 $3,842 $629,800 $590,000 $39,800
2019 $3,609 $629,800 $590,000 $39,800
2018 $3,477 $629,800 $590,000 $39,800
2017 $4,541 $818,200 $720,000 $98,200
2016 $4,377 $818,200 $720,000 $98,200
2015 $4,296 $818,200 $720,000 $98,200
2014 $4,238 $818,200 $720,000 $98,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Thomas Keown

    Coldwell Banker James C Otton Real Estate

    (609) 231-7222

    3 in this area

    4 Total Sales

    Thomas Keown
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 163951

Cape May County Association of REALTORS®

APN: 10 00084- 04-00119- 01

New Jersey Cape May County Stone Harbor 08247

8531 3rd Ave, Stone Harbor, NJ

This home is located at 8531 3rd Ave, Stone Harbor, NJ 08247 since 07 May 2015 and is currently estimated at $2,696,117, approximately $4,320 per square foot. This property was built in 1930. 8531 3rd Ave is a home located in Cape May County with nearby schools including Stone Harbor Elementary School.

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