NOT LISTED FOR SALE

Estimated Value: $474,000

10 Beds
5 Baths
-- Sq Ft
1.38 Acres

Last Sold December 18, 2020

Last sale price $587,500

Est. 19% decrease in value since last sale

Current estimated payment $2,960/month

33 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Interior Lot
  • Island Location
  • Fenced Yard
  • Patio

About This Home

As of December 2020

Property is currently occupied and requires 24 hours notice for all showings. Income and Expense sheet available upon request.

Last Agent to Sell the Property

Jaqueline Bada-Gaffney

LONG & FOSTER REAL ESTATE, INC nww Listed on: 09/05/2020

LONG & FOSTER REAL ESTATE, INC nww

Last Buyer's Agent

Jaqueline Bada-Gaffney

LONG & FOSTER REAL ESTATE, INC nww Listed on: 09/05/2020

LONG & FOSTER REAL ESTATE, INC nww

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,491

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 60x100
  • Fenced Yard
  • Interior Lot

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Storage Room
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Pad
  • Driveway

Outdoor Features

  • Property near a bay
  • Deck
  • Patio

Location

  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 44 / 28

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,491

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Four-Plex
  • Location: Inside Lot, Island
  • District Township: 15-Wildwood Crest
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1954
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 110
  • Lot Size2: 60X100
  • Selling Agent1: 2107
  • Selling Office1: 717
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Total Bathrooms: 5
  • Basement: Slab
  • Other Rooms: Laundry/Utility Room, Storage Space

Exterior Features

  • Outside Features: Patio, Deck, Fenced Yard, Sidewalks

Garage/Parking

  • Parking: Parking Pad, 3 Car, Concrete Driveway

Utilities

  • Separate Meter: Electric
  • Cooling: Ceiling Fan, Wall Air Conditioning
  • Heating: Gas Natural, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City
  • Cable Available: Income Expense Info

Lot Info

  • Lot Number: 44
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 5491
  • Tax Year: 2019

Multi Family

  • Number Of Units: 4
  • Total Rent: 2700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Wc Shore Works Llc
Bought by
Ingaglio Philip and Lane Aileen
Current Estimated Value
$474,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$163,397
Interest Rate
2.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Sep 5, 2020
Closed on
Dec 16, 2020
Sold by
Grasso Anne E Est
Bought by
Wc Shores Works Llc
Seller's Agent
Jaqueline Bada-Gaffney
LONG & FOSTER REAL ESTATE, INC nww
Buyer's Agent
Jaqueline Bada-Gaffney
LONG & FOSTER REAL ESTATE, INC nww
List Price
$850,000
Sold Price
$587,500
Premium/Discount to List
-$262,500
-30.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1996
Sold by
Kowalski David
Bought by
Williams Wayne and Henry Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.28%

Purchase Details

Closed on
Jun 1, 1976
Bought by
Grasso David J and Grasso Ann E
Source: Public Records

Range of Values:

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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
Ingaglio Philip $225,000 Misc Company
Wc Shores Works Llc $587,500 None Available
Williams Wayne $123,000 --
Grasso David J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingaglio Philip $180,000
Previous Owner Wc Shores Works Llc $536,000
Previous Owner Williams Wayne $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $587,500 -30.9% --
10/08/2020 10/08/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $850,000 -- --
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
2021 $4,500 $448,900 $272,200 $176,700
2020 $5,491 $448,900 $272,200 $176,700
2019 $5,491 $448,900 $272,200 $176,700
2018 $5,397 $448,900 $272,200 $176,700
2017 $5,285 $448,900 $272,200 $176,700
2016 $5,110 $448,900 $272,200 $176,700
2015 $5,029 $448,900 $272,200 $176,700
2014 $4,912 $448,900 $272,200 $176,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203356

Cape May County Association of REALTORS®

APN: 15-00028-0000-00044