NOT LISTED FOR SALE

Estimated Value: $812,000 - $830,168

7 Beds
3 Baths
2,504 Sq Ft
$328/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $625,000 $250 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,717/month

108 Days on Market

Highlights

  • Property near a bay
  • Den
  • Patio
  • Island Location
  • Fenced Yard
  • 4-minute walk to Sunset Lake Park

About This Home

As of October 2022

Property is under contract and seller has requested no more showings

Last Agent to Sell the Property

Christopher Ferzoco

KELLER WILLIAMS REALTY JERSEY SHORE - SIC License #0448907 Listed on: 05/06/2022

KELLER WILLIAMS REALTY JERSEY SHORE  - SIC

Co-Listed By

Joseph Ferzoco

KELLER WILLIAMS REALTY JERSEY SHORE wc

Last Buyer's Agent

Norman Carey

HOMESMART FIRST ADVANTAGE License #1537001

HOMESMART FIRST ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,691

Year Built

  • Built in 1954

Lot Details

  • 3,049

Parking

  • 3 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2,504 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • Den
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Property near a bay
  • Patio
  • Outdoor Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Fenced Yard
  • Island Location

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 15 / 141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,691

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Island
  • District Township: 15-Wildwood Crest
  • Also Includes: Blinds
  • Estimated Year Built: 1954
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Listing Office2: 808
  • Lot Size2: 3202
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Total Bathrooms: 3
  • Basement: Crawl Space
  • Total Sq Ft: 2504
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room

Exterior Features

  • Outside Features: Patio, Fenced Yard, Storage Building

Garage/Parking

  • Parking: 3 Car

Utilities

  • Cooling: Ceiling Fan, Other, Wall Air Conditioning
  • Heating: Gas Natural, Baseboard
  • Hot Water: Gas
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 15
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 353800

Tax Info

  • Taxes: 4691.39
  • Tax Year: 2021

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Oct 13, 2022
Sold by
Doonan Dorothy
Bought by
Aaron Christopher D and Aaron Kristen
Seller's Agent
Christopher Ferzoco
KELLER WILLIAMS REALTY JERSEY SHORE - SIC
Buyer's Agent
Norman Carey
HOMESMART FIRST ADVANTAGE
List Price
$749,000
Sold Price
$625,000
Premium/Discount to List
-$124,000
-16.56%
Current Estimated Value
$820,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,792
Avg. Annual Appreciation
9.35%
Original Mortgage
$500,000
Outstanding Balance
$483,248
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$337,544
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
Aaron Christopher D $625,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aaron Christopher D $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $625,000 -1.6% $250 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $635,000 -5.9% $254 / Sq Ft
06/08/2022 06/08/22 Price Changed $675,000 -9.9% $270 / Sq Ft
05/06/2022 05/06/22 For Sale $749,000 -- $299 / 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 $5,049 $353,800 $214,200 $139,600
2024 $5,049 $353,800 $214,200 $139,600
2023 $4,974 $353,800 $214,200 $139,600
2022 $4,833 $353,800 $214,200 $139,600
2021 $4,429 $353,800 $214,200 $139,600
2020 $4,560 $353,800 $214,200 $139,600
2019 $4,525 $353,800 $214,200 $139,600
2018 $4,451 $353,800 $214,200 $139,600
2017 $4,362 $353,800 $214,200 $139,600
2016 $4,224 $353,800 $214,200 $139,600
2015 $4,161 $353,800 $214,200 $139,600
2014 $4,069 $353,800 $214,200 $139,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221360

Cape May County Association of REALTORS®

APN: 15-00141-0000-00015