NOT LISTED FOR SALE

Estimated Value: $1,172,000 - $1,601,175

7 Beds
4 Baths
7,200 Sq Ft
$195/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $620,000 $86 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $8,252/month

37 Days on Market

Highlights

  • Water Views
  • Deck
  • Fenced Yard
  • Property near a bay
  • Workshop
  • 1-minute walk to Sunset Lake Park

About This Home

As of December 2019

The larger West Side Unit may be shown anytime. Please call the Appointment line to schedule appointments. The East Side 2 bedroom unit is tenant occupied and requires an appointment. Square footage as per tax record and has not been verified by listing agent. Seller's Disclosure and Lead-based Paint Addendum in Associated Docs.

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 09/07/2019

Last Buyer's Agent

Craig Ungaro

LONG & FOSTER REAL ESTATE, INC nww License #0229137

LONG & FOSTER REAL ESTATE, INC nww

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,136

Lot Details

  • Lot Dimensions are 80x90
  • Fenced Yard

Home Design

  • Duplex

Interior Spaces

  • 7,200 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Workshop
  • Storage Room
  • Laundry Room
  • Water Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Detached Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 10,11 / 122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,136

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Water View
  • District Township: 15-Wildwood Crest
  • Near: Sunset Lake, Cape May
  • Also Includes: Shades, Blinds, Partial Furniture
  • Bay Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 80X90
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Basement: Crawl Space, Outside Entrance
  • Total Sq Ft: 7200
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Pantry, Laundry/Utility Room, Workshop, Storage Space, Other

Exterior Features

  • Outside Features: Patio, Deck, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, Other (See Remarks), Waterview

Garage/Parking

  • Parking: Garage, Parking Pad, Detached, Concrete Driveway

Utilities

  • Separate Meter: Electric
  • Cooling: Central Air, Electric, Ceiling Fan, Wall Air Conditioning
  • Heating: Electric, Baseboard, Multi-Zoned
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 10,11
  • Lot Size: 6001 to 10000 SqFt
  • Zoning: R1-A

Tax Info

  • Taxes: 7136
  • Tax Year: 2019

Multi Family

  • Number Of Units: 2
  • Total Rent: 50000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2006
Sold by
Silvestri Dominick
Bought by
102 West Monterey Associates
Current Estimated Value
$1,405,044

Purchase Details

Closed on
Sep 17, 1998
Sold by
Silvestri Joseph
Bought by
Silvestri Dominick

Purchase Details

Closed on
May 20, 1989
Sold by
Schafer Florence
Bought by
Silvestri Joseph and Silvestri Judith
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
102 West Monterey Associates -- None Available
Silvestri Dominick $87,500 --
Silvestri Joseph $202,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $620,000 -4.6% $86 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
09/07/2019 09/07/19 For Sale $649,900 -- $90 / 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 $10,337 $724,400 $361,900 $362,500
2024 $10,337 $724,400 $361,900 $362,500
2023 $10,185 $724,400 $361,900 $362,500
2022 $7,615 $557,500 $361,900 $195,600
2021 $7,392 $557,500 $361,900 $195,600
2020 $7,300 $566,300 $361,900 $204,400
2019 $7,243 $566,300 $361,900 $204,400
2018 $7,124 $566,300 $361,900 $204,400
2017 $6,982 $566,300 $361,900 $204,400
2016 $6,762 $566,300 $361,900 $204,400
2015 $6,660 $566,300 $361,900 $204,400
2014 $6,512 $566,300 $361,900 $204,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 189513

Cape May County Association of REALTORS®

APN: 15-00122-0000-00010