NOT LISTED FOR SALE

11 55th St Unit NORTH Sea Isle City, NJ 08243

Estimated Value: $2,635,000

4 Beds
3 Baths
1,866 Sq Ft
5,053 Sq Ft Lot

Last Sold October 30, 2020

Last sale price $1,495,000 $801 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $15,069/month

1 Day on Market

Highlights

  • Water Views
  • Property near a bay
  • Island Location
  • Ocean City Primary School Rated A
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling

About This Home

As of October 2020

This home is located at 11 55th St Unit NORTH, Sea Isle City, NJ 08243 since 14 September 2020 and is currently estimated at $2,635,000, approximately $1,412 per square foot. This property was built in 2005. 11 55th St Unit NORTH is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Last Agent to Sell the Property

Ealita Browning

FARINA & BOESHE, INC Listed on: 09/14/2020

Last Buyer's Agent

Moira Smith

COMPASS RE - Sic License #1435740

COMPASS RE - Sic

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,862

Year Built

  • Built in 2005

Lot Details

  • Building is beachfront but unit may not have water views
  • Fenced Yard

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room
  • Water Views
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 782 / 54

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,862

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Island, Water View
  • District Township: 09-Sea Isle City
  • Near: Ocean & Promenade
  • Also Includes: Curtains, Blinds, Rugs, Furniture
  • Estimated Year Built: 2005
  • Bay Proximity: 3 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 11
  • Selling Agent1: 4263
  • Selling Office1: 208
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Burglar Alarm, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Other Rooms: Living Room, Recreation/Family, Eat In Kitchen

Garage/Parking

  • Parking: Auto Door Opener, 1.5 Car, Attached, Assigned Parking, Concrete Driveway, Other

Utilities

  • Cooling: Central Air, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: North
  • Common Area Features: Patio, Deck/Porch, Fenced Yard, Cable TV, Outside Shower
  • Condo Fees: Insurances
  • Unit Features: Fireplace, Wall To Wall Carpet, Elevator, Cathedral Ceiling, Foyer, Tile Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 782
  • Sub Block: 01

Tax Info

  • Taxes: 6861.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Oct 30, 2020
Sold by
Shields Darlene G
Bought by
Fisher Daniel and Fisher Tricia
Seller's Agent
Ealita Browning
FARINA & BOESHE, INC
Buyer's Agent
Moira Smith
COMPASS RE - Sic
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$2,635,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,140,000
Avg. Annual Appreciation
11.00%
Original Mortgage
$1,121,200
Outstanding Balance
$1,009,024
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,462,976

Purchase Details

Closed on
Sep 10, 2009
Sold by
Shields Gerald T
Bought by
Shields Darlene G

Purchase Details

Closed on
Jul 14, 2006
Sold by
Baccellieri Carl E and Baccellieri Karen D
Bought by
Shields Gerald T and Shields Darlene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Fisher Daniel $1,495,000 Surety Title
Shields Darlene G -- None Available
Shields Gerald T $1,300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Daniel $1,121,200
Previous Owner Baccelleri Carl E $715,000
Previous Owner Shields Gerald T $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $1,495,000 0.0% $801 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $1,495,000 -- $801 / 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 $8,544 $955,700 $635,200 $320,500
2024 $8,544 $955,700 $635,200 $320,500
2023 $8,143 $955,700 $635,200 $320,500
2022 $7,655 $955,700 $635,200 $320,500
2021 $6,862 $955,700 $635,200 $320,500
2020 $7,015 $955,700 $635,200 $320,500
2019 $6,862 $955,700 $635,200 $320,500
2018 $6,785 $955,700 $635,200 $320,500
2017 $6,642 $955,700 $635,200 $320,500
2016 $6,422 $955,700 $635,200 $320,500
2015 $5,819 $987,900 $719,400 $268,500
2014 $5,769 $987,900 $719,400 $268,500
Source: Public Records

Agents Affiliated with this Home

  • Ealita Browning

    Seller's Agent in 2020

    Ealita Browning

    FARINA & BOESHE, INC

    (609) 263-2828

    9 in this area

    10 Total Sales

    Ealita Browning
    Section Image
  • Moira Smith

    Buyer's Agent in 2020

    Moira Smith

    COMPASS RE - Sic

    (609) 828-4987

    48 in this area

    54 Total Sales

    Moira Smith
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203477

Cape May County Association of REALTORS®

APN: 09-00054-01-00782-0000-C-N

New Jersey Cape May County Sea Isle City 08243

11 55th St Unit NORTH, Sea Isle City, NJ

This home is located at 11 55th St Unit NORTH, Sea Isle City, NJ 08243 since 14 September 2020 and is currently estimated at $2,635,000, approximately $1,412 per square foot. This property was built in 2005. 11 55th St Unit NORTH is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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