NOT LISTED FOR SALE

Estimated Value: $128,000 - $160,000

3 Beds
1 Bath
1,032 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $8,000 $8 Per Sq Ft

Est. 1,770% increase in value since last sale

Current estimated payment $1,057/month

29 Days on Market

About This Home

As of September 2017

BANK OWNED !! Seller is unaware of the condition of the Property. Seller or Seller's Agent makes no warranties, expressed or implied as to the condition of the property. It is the intent of the Seller to sell the property in its " as is " present condition. Seller shall not provide a survey, property condition report, homeowners warranty or Certification of Occupancy. Buyer should satisfy all questions and concerns with personal inspection and research. Pre-qualification letter or proof of funds should accompany all offers

Last Listed By

Michael Bailey

COASTAL ELITE REALTY Listed on: 07/19/2017

COASTAL ELITE REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Home Design

  • Wood Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Well

Listing and Financial Details

  • Legal Lot and Block 5 / 37

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Mainland
  • District Township: 17-Out Of County
  • Estimated Year Built: 1900
  • New Construction: No
  • Second Address Number: 1064
  • Listing Office2: 508
  • Lot Size2: 1.05 ac
  • Price per Sq Ft: 7.75
  • Selling Agent1: 3298
  • Selling Office1: 508
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Partial
  • Estimated Living Sq Ft: 1032

Exterior Features

  • Construction: Two Story
  • Exterior: Wood

Utilities

  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 5
  • Lot Size: 1-5 Acres

Tax Info

  • Taxes: 2202
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Aug 4, 2017
Sold by
Wells Fargo Bank
Bought by
Ludwig Fred
Seller's Agent
Michael Bailey
COASTAL ELITE REALTY
Buyer's Agent
Michael Bailey
COASTAL ELITE REALTY
List Price
$44,900
Sold Price
$8,000
Premium/Discount to List
-$36,900
-82.18%
Total Days on Market
29
Current Estimated Value
$149,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,578
Avg. Annual Appreciation
47.01%

Purchase Details

Closed on
May 9, 2014
Sold by
Secretary Of Housing And Urban Developme
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 10, 2013
Sold by
Gravley James H and Gravley Lillie
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Oct 31, 1996
Sold by
Riland Morris A and Riland Tracy L
Bought by
Gravley James and Gravley Lillie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,937
Interest Rate
8.1%
Mortgage Type
FHA

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
Ludwig Fred $8,000 Dominion Title
Wells Fargo Bank Na -- --
Secretary Of Housing And Urban Developme -- --
Gravley James $79,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gravley James $78,937
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $8,000 -82.2% $8 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $44,900 -- $44 / 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
2024 $2,735 $94,400 $36,000 $58,400
2023 $2,521 $94,400 $36,000 $58,400
2022 $2,451 $94,400 $36,000 $58,400
2021 $2,284 $94,400 $36,000 $58,400
2020 $2,284 $94,400 $36,000 $58,400
2019 $2,251 $94,400 $36,000 $58,400
2018 $2,288 $94,400 $36,000 $58,400
2017 $2,200 $94,400 $36,000 $58,400
2016 $2,202 $94,400 $36,000 $58,400
2015 $2,076 $94,400 $36,000 $58,400
2014 $1,928 $94,400 $36,000 $58,400
Source: Public Records

Agents Affiliated with this Home

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Source: Cape May County Association of REALTORS®

MLS Number: 177316

Cape May County Association of REALTORS®

APN: 04-00037-0000-00005