$45,000
SOLD MAY 23, 2016
1 Acre
$45,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

40% Below List Price

112 Days on Market

About This Lot

As of July 2018

BANK OWNED - Fully conforming home site available in a 16 lot subdivision located in the desirable Swainton section of Middle Township. This is one of 12 lots being offered by the seller. With the road and utilities in place just pick your lot, grab your plans and build your dream home. Lots can be purchased individually, in larger quantities or all together for better pricing. The seller acquired the property through foreclosure and is unable to make any representations or provide any warranties. Any questions should be answered by Buyer's own due diligence. Call for additional information. Site plan available in associated documents.

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE Listed on: 01/02/2016

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,996

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Cleared Lot
  • Property is zoned RR

Listing and Financial Details

  • Legal Lot and Block 85 / 13

Property Details

Property Type

Land

Est. Annual Taxes

$1,996

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Cul-de-sac, Mainland
  • District Township: 06-Middle Township
  • Special Features: 20
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 85
  • Lot Size: 1 Acre
  • Zoning: RR
  • Lot Size Range: 1+ Acre to 5 Acres
  • Improvements: Paved Road, Curb
  • Number Of Acres: 1
  • Topography: Partially Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 1996.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jul 25, 2018
Sold by
Ckjr Llc
Bought by
Reidy Keith L and Reidy Annmarie
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
Buyer's Agent
Keith Reidy
SEA ISLE REALTY
List Price
$429,900
Sold Price
$408,050
Premium/Discount to List
-$21,850
-5.08%
Current Estimated Value
$847,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,240
Avg. Annual Appreciation
10.54%
Original Mortgage
$175,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 2, 2016
Closed on
May 20, 2016
Sold by
Fulton Bank Of New Jersey
Bought by
Ckjr Llc
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$74,900
Sold Price
$45,000
Premium/Discount to List
-$29,900
-39.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
176.21%

Purchase Details

Closed on
Oct 16, 2014
Sold by
Moretti And Monichetti Partnership Llc
Bought by
Fulton Bank Of New Jersey and The Bank

Purchase Details

Closed on
Jun 23, 2005
Sold by
Ros Len Inc
Bought by
Moretti & Monichetti Partnership Llc
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 Type Sale Price Title Company
Deed $408,050 --
Deed $45,000 Attorney
Deed In Lieu Of Foreclosure -- Attorney
Deed $200,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Stand Alone Refi Refinance Of Original Loan
Closed $175,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $408,050 -5.1% $136 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/02/2017 06/02/17 For Sale $429,900 +855.3% $143 / Sq Ft
05/23/2016 05/23/16 Sold $45,000 -39.9% --
04/23/2016 04/23/16 Pending -- -- --
01/02/2016 01/02/16 For Sale $74,900 -- --
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 $8,752 $415,000 $150,000 $265,000
2024 $8,752 $415,000 $150,000 $265,000
2023 $8,532 $415,000 $150,000 $265,000
2022 $8,288 $415,000 $150,000 $265,000
2021 $7,759 $398,100 $150,000 $248,100
2020 $7,600 $398,100 $150,000 $248,100
2019 $7,405 $398,100 $150,000 $248,100
2018 $2,106 $115,000 $115,000 $0
2017 $2,063 $115,000 $115,000 $0
2016 $2,011 $115,000 $115,000 $0
2015 $1,996 $115,000 $115,000 $0
2014 $1,984 $115,000 $115,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 167764

Cape May County Association of REALTORS®

APN: 06-00013-02-00085