NOT LISTED FOR SALE

9803 3rd Ave Stone Harbor, NJ 08247

Estimated Value: $3,912,130

6 Beds
4 Baths
2,454 Sq Ft
$1,594/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $2,340,000 $954 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $22,237/month

4 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Island Location
  • Stone Harbor Elementary School Rated A
  • Boat Slip
  • Deck

About This Home

As of July 2020

This home is located at 9803 3rd Ave, Stone Harbor, NJ 08247 since 19 May 2020 and is currently estimated at $3,912,130, approximately $1,594 per square foot. 9803 3rd Ave is a home located in Cape May County with nearby schools including Stone Harbor Elementary School.

Last Agent to Sell the Property

Joseph Kauterman

AVALON/STONE HARBOR REAL ESTATE Listed on: 05/19/2020

Last Buyer's Agent

Joseph Kauterman

AVALON/STONE HARBOR REAL ESTATE Listed on: 05/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,432

Lot Details

  • Lot Dimensions are 50' x 110'
  • Property Fronts a Bay or Harbor
  • Cleared Lot
  • Property is zoned Commercial

Interior Spaces

  • 2,454 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Water Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Patio

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 125 / 96.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,432

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Cleared Lot, Island, See Remarks, Water Front, Water View
  • District Township: 10-Stone Harbor
  • Near: Bay & Town Center
  • New Construction: No
  • Second Address Number: 9803
  • Lot Size2: 50' x 110'
  • Price per Sq Ft: 953.55
  • Selling Agent1: 725
  • Selling Office1: 216
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 4.2
  • Full Bathrooms: 4
  • Bedrooms: 6
  • Total Rooms: 12
  • Estimated Living Sq Ft: 2454
  • Other Rooms: Living Room, Kitchen

Exterior Features

  • Construction: Two Story, See Remarks
  • Outside Features: Patio, Deck, Dock, Bulkhead, Cable TV, Sidewalks, See Remarks, Boat Slips

Garage/Parking

  • Parking Garage: 3 Car, Assigned Parking, Black Top Driveway, See Remarks

Utilities

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

Lot Info

  • Lot Number: 125
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Commercial

Tax Info

  • Taxes: 6432
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 21, 2020
Sold by
Mine Road Partners Lp
Bought by
604 Associates Llc
Seller's Agent
Joseph Kauterman
AVALON/STONE HARBOR REAL ESTATE
Buyer's Agent
Joseph Kauterman
AVALON/STONE HARBOR REAL ESTATE
List Price
$2,575,000
Sold Price
$2,340,000
Premium/Discount to List
-$235,000
-9.13%
Current Estimated Value
$3,912,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,572,130
Avg. Annual Appreciation
10.99%
Original Mortgage
$1,755,000
Outstanding Balance
$1,571,525
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,394,011

Purchase Details

Listed on
Jun 28, 2018
Closed on
Aug 15, 2018
Sold by
9803 Llc
Bought by
Mine Road Partners Lp
Seller's Agent
William Albrecht
COMPASS RE - Avalon
Buyer's Agent
Joseph Kauterman
AVALON/STONE HARBOR REAL ESTATE
List Price
$2,250,000
Sold Price
$1,650,000
Premium/Discount to List
-$600,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.73%

Purchase Details

Closed on
Nov 22, 2016
Sold by
Kuo Joseph D
Bought by
9803 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2006
Sold by
Kuo Marianne R
Bought by
Kuo Joseph D and Kuo Marianne R
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
604 Associates Llc $2,340,000 None Available
Mine Road Partners Lp $1,650,000 --
9803 Llc $1,200,000 Shore Title Agency
Kuo Joseph D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 604 Associates Llc $1,755,000
Previous Owner 9803 Llc $750,000
Previous Owner Kuo Joseph D $700,000
Previous Owner Kuo Joseph D $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $2,340,000 -9.1% $954 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $2,575,000 +56.1% $1,049 / Sq Ft
08/15/2018 08/15/18 Sold $1,650,000 -26.7% --
07/16/2018 07/16/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $2,250,000 -- --
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 $11,048 $1,477,000 $870,000 $607,000
2024 $11,048 $1,477,000 $870,000 $607,000
2023 $10,856 $1,477,000 $870,000 $607,000
2022 $10,221 $1,477,000 $870,000 $607,000
2021 $7,364 $1,122,600 $870,000 $252,600
2020 $6,848 $1,122,600 $870,000 $252,600
2019 $6,433 $1,122,600 $870,000 $252,600
2018 $6,197 $1,122,600 $870,000 $252,600
2017 $5,420 $976,600 $761,300 $215,300
2016 $5,225 $976,600 $761,300 $215,300
2015 $5,127 $976,600 $761,300 $215,300
2014 $5,059 $976,600 $761,300 $215,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201622

Cape May County Association of REALTORS®

APN: 10-00096-04-00125-02