NOT LISTED FOR SALE

8931 2nd Ave Unit 5 Stone Harbor, NJ 08247

Estimated Value: $1,033,000 - $1,196,000

3 Beds
1 Bath
750 Sq Ft
$174/mo HOA Fee

Last Sold October 23, 2020

Last sale price $630,000 $840 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,935/month

46 Days on Market

Highlights

  • Water Views
  • Property is near a beach
  • Furnished
  • Stone Harbor Elementary School Rated A
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of October 2020

Owner is a licensed RE agent in NJ and PA.

Last Agent to Sell the Property

Nikki Murray

COMPASS RE - Avalon Listed on: 07/17/2020

COMPASS RE - Avalon

Last Buyer's Agent

MaryAnn Modano

LONG & FOSTER REAL ESTATE, INC av

LONG & FOSTER REAL ESTATE, INC av

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,608

Lot Details

  • 6,621

HOA Fees

  • $174 Monthly HOA Fees

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Storage Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Stone Driveway

Outdoor Features

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

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 71 / 89 03

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,608

Lot Details

0

HOA Fees

$174 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • District Township: 10-Stone Harbor
  • Also Includes: Blinds, Furniture
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit #5
  • Second Address Number: 8931
  • Price per Sq Ft: 840
  • Selling Agent1: 4269
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Estimated Living Sq Ft: 750
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: 1 Car, Stone Driveway

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: Public
  • Water: Public

Condo/Co-op/Association

  • Unit: 5
  • Common Area Features: Deck/Porch, Storage Facilities, Outside Shower
  • Condo Fees: 174.01
  • Unit Location: Corner, Water View

Lot Info

  • Lot Number: 71

Tax Info

  • Taxes: 2608.3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2016
Closed on
Apr 13, 2017
Sold by
Ochs Steven R and Ochs Nicole
Bought by
Murray Dennis A and Murray Nicole L
Seller's Agent
Stephen Frame
DILLER FISHER REALTORS
Buyer's Agent
Ryan Vince
Tim Kerr Sotheby's International Realty
List Price
$498,000
Sold Price
$451,587
Premium/Discount to List
-$46,413
-9.32%
Current Estimated Value
$1,000,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,786
Avg. Annual Appreciation
9.56%
Original Mortgage
$406,428
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 22, 2004
Sold by
Tedesco Nicholas F
Bought by
Ochs Steven R and Ochs Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 1995
Sold by
Winters Nicholas
Bought by
Lowell James and Lowell Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.34%

Purchase Details

Closed on
Mar 31, 1989
Sold by
Weipara Inc
Bought by
Winters Nicholas and Winters Diana
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
Murray Dennis A $451,588 Surety Title
Ochs Steven R $445,000 --
Ochs Steven R $445,000 Landis Title Corporation
Lowell James $129,000 --
Winters Nicholas $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frees Robb S $520,000
Closed Murray Dennis A $406,428
Previous Owner Ochs Steven R $65,000
Previous Owner Ochs Steven R $425,000
Previous Owner Ochs Steven R $356,000
Previous Owner Lowell James $100,000
Closed Ochs Steven R $44,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $630,000 -3.1% $840 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $650,000 +43.9% $867 / Sq Ft
04/13/2017 04/13/17 Sold $451,587 -9.3% --
03/14/2017 03/14/17 Pending -- -- --
11/06/2016 11/06/16 For Sale $498,000 -- --
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 $3,405 $455,200 $325,200 $130,000
2024 $3,405 $455,200 $325,200 $130,000
2023 $3,346 $455,200 $325,200 $130,000
2022 $3,150 $455,200 $325,200 $130,000
2021 $2,986 $455,200 $325,200 $130,000
2020 $2,777 $455,200 $325,200 $130,000
2019 $2,608 $455,200 $325,200 $130,000
2018 $2,513 $455,200 $325,200 $130,000
2017 $2,549 $459,200 $306,600 $152,600
2016 $2,457 $459,200 $306,600 $152,600
2015 $2,411 $459,200 $306,600 $152,600
2014 $2,379 $459,200 $306,600 $152,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202471

Cape May County Association of REALTORS®

APN: 10-00089-03-00071-0000-C0005