NOT LISTED FOR SALE

Estimated Value: $142,000 - $310,000

2 Beds
1 Bath
1,932 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $14,511 $8 Per Sq Ft

Est. 1,538% increase in value since last sale

Current estimated payment $1,546/month

11 Days on Market

Highlights

  • Porch
  • Outdoor Storage
  • Heating Available
  • Living Room

About This Home

As of October 2019

HUD Home. Sold “AS IS” by elec. bid only. Prop avail 08-29-2019. Bids due by 09-02-2019 11:59 PM Central Time then daily until sold. FHA Case #351-528446. Uninsured. For Prop conditions, Forms, Discl & Avail please visit www.HUDHomestore.com. For additional forms, updates, step-by-step videos & free photo list, please visit www.BLBResources.com.BLB Resources makes no warranty as to condition of property. Buyer to verify all info. www.BLBResources.com.BLB Resources makes no warranty as to condition of property. Buyer to verify all info. Agents need to have an active NAID # with HUD that is issued by HUD to your broker in order to submit offers. Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.floodtools.com for additional information regarding flood zones and insurance, State law requires Smoke/CarbonMonoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Uses a septic system and a well. Any required system repairs will be the buyer's expense. Has a heating oil storage tank located in the basement. Any required system repairs will be the buyer's expense, Estimated remaining economic life is below 30 years, Repairs exceed half of the home's value. Subject is not eligible for FHA financing. Repairs include: Damaged front porch ceiling. Restore kitchen and flooring. Discoloration at kitchen wall. Earth to wood contact in crawlspace. Missing roof shingles. Roof inspection recommended. Plumbing does not hold pressure. Exposed electrical in living room ceiling and floor. Rusted electrical panel. Disconnected wiring at hot water tank. Defective paint. Damaged living room window. Missing vapor barrier in crawlspace. Dry rot at windows. Commission: Listing Broker 3% of purchase price, Selling Broker up to 3% of purchase price. LBP.

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 08/23/2019

COASTAL ELITE REALTY

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1881

Lot Details

  • 25

Interior Spaces

  • 1,932 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Heating Available
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 00004 / 00283

Home Details

Home Type

Single Family

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 17-Out Of County
  • Estimated Year Built: 1881
  • New Construction: No
  • Lot Size2: 0.25
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1881

Interior Features

  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Estimated Living Sq Ft: 1932
  • Other Rooms: Living Room, Kitchen

Exterior Features

  • Construction: Two Story
  • Outside Features: Porch, Storage Building

Utilities

  • Heating: Electric, Oil
  • Sewer: Private
  • Water: Private

Lot Info

  • Lot Number: 00004
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 3380
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 27, 2019
Sold by
Usa Hud
Bought by
Sharma Sumita and Laure Joseph
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$13,000
Sold Price
$14,511
Premium/Discount to List
$1,511
11.62%
Current Estimated Value
$237,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,187
Avg. Annual Appreciation
57.21%

Purchase Details

Closed on
Jan 18, 2019
Sold by
Servicelink Nls Llc
Bought by
Usa Hud

Purchase Details

Closed on
Apr 16, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 8, 2017
Sold by
Bank Of America Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Sep 30, 2014
Sold by
Sheriff Of Cumberland County
Bought by
Bank Of America National Association

Purchase Details

Closed on
Feb 17, 2009
Sold by
Startare Richard
Bought by
Hruska John and Hruska Valarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,482
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2008
Sold by
Avelo Mortgage
Bought by
Startare Richard

Purchase Details

Closed on
Aug 21, 2007
Sold by
Sheriff Michael F Barruzza
Bought by
Avelo Mortgage

Purchase Details

Closed on
Jun 30, 2005
Sold by
Summer David M
Bought by
Shelin Charles C

Purchase Details

Closed on
Aug 23, 1999
Sold by
Hess Alice
Bought by
Summers David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,700
Interest Rate
7.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sharma Sumita $14,511 Title Company Of Jersey
Usa Hud -- --
Bank Of America Na -- --
Department Of Housing & Urban Dev -- --
Bank Of America National Association -- None Available
Hruska John $96,000 --
Startare Richard $55,000 --
Avelo Mortgage -- --
Shelin Charles C $118,450 --
Summers David M $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hruska John $95,482
Previous Owner Summers David M $41,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2019 10/02/19 Sold $14,511 +11.6% $8 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $13,000 -- $7 / 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 $3,548 $122,600 $30,900 $91,700
2024 $3,548 $122,600 $30,900 $91,700
2023 $3,601 $122,600 $30,900 $91,700
2022 $3,613 $122,600 $30,900 $91,700
2021 $3,539 $122,600 $30,900 $91,700
2020 $3,543 $122,600 $30,900 $91,700
2019 $3,462 $122,600 $30,900 $91,700
2018 $3,380 $122,600 $30,900 $91,700
2017 $3,359 $122,600 $30,900 $91,700
2016 $3,270 $122,600 $30,900 $91,700
2015 $3,242 $122,600 $30,900 $91,700
2014 $3,181 $122,600 $30,900 $91,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 189304

Cape May County Association of REALTORS®

APN: 09-00283-0000-00004