NOT LISTED FOR SALE

Estimated Value: $385,000 - $535,000

3 Beds
2 Baths
2,256 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $198,000 $88 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,165/month

13 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • 2 Car Attached Garage
  • Deck
  • Cul-De-Sac
  • Living Room

About This Home

As of May 2020

This property qualifies for the FIRST LOOK INITIATIVE through 4/19/2020. Freddie Mac will offer home buyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This on-going initiative offers owner occupant home buyers, Neighborhood Stabilization Program (NSP)grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing, without competition frominvestors. The purchaser does not need to be a first time home buyer to be eligible provided, however, that they are buying the home as theirprimary home. If the offer presented in first 20 days period, the buyer and their selling agent must sign an Agreement of Purchaseraffidavitaffirming that the buyer will occupy the home as their residence. The seller acquired the property through foreclosure or deed in lieu of foreclosure or from an entity that acquired it through foreclosure of deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility for all local and state inspections that are needed prior to closing. All questions and concerns should be answered by personal inspection and research. Buyer to verify square footage of lot, structure, sewer/septic/well/water/connections, HOA fees and capital contribution. ****Please see associated docs for inspection reports and Offer sheet.

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 03/30/2020

COASTAL ELITE REALTY

Last Buyer's Agent

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 03/30/2020

COASTAL ELITE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,639

Year Built

  • Built in 1990

Lot Details

  • 54

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Water Views
  • Storage In Attic
  • Laundry Room

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Parking Pad

Additional Features

  • Deck
  • Cul-De-Sac
  • Well

Listing and Financial Details

  • Legal Lot and Block 00089 / 01512

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,639

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cul-de-sac, Water View
  • District Township: 17-Out Of County
  • Near: Palatine Lake
  • Estimated Year Built: 1990
  • New Construction: No
  • OFFICELIST_ADDRESS2: Palatine Lake
  • Second Address Number: 1101
  • Lot Size2: 0.54
  • Price per Sq Ft: 87.77
  • Selling Agent1: 1506
  • Selling Office1: 508
  • OFFICELIST_STATE: NJ
  • Street Designation: Way
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Interior Amenities: Wood Flooring, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Estimated Living Sq Ft: 2256
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Deck

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 2 Car, Attached

Utilities

  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 00089
  • Lot Size: 1/4 to 1 Acre
  • Total Assessment: 231500
  • Zoning: res

Tax Info

  • Taxes: 8639
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Apr 13, 2020
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Paul Findley Dakota and Paige Schwegei Moelle
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Edward Augsberger
COASTAL ELITE REALTY
List Price
$204,900
Sold Price
$198,000
Premium/Discount to List
-$6,900
-3.37%
Current Estimated Value
$436,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,820
Avg. Annual Appreciation
16.23%
Original Mortgage
$158,400
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2019
Sold by
Charlesworth Ronald J
Bought by
Fhlm

Purchase Details

Closed on
Sep 15, 2011
Sold by
Gestel Kenneth and Gestel Renee
Bought by
Charlesworth Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,350
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2005
Sold by
Morris Edward J and Morris Susan M
Bought by
Gestel Kenneth and Gestel Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,350
Interest Rate
5.78%
Mortgage Type
Fannie Mae Freddie Mac
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
Paul Findley Dakota $198,000 Fortune Title Agency
Fhlm $191,826 --
Charlesworth Ronald J $233,000 --
Gestel Kenneth $253,000 West Jersey Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paul Findley Dakota $158,400
Previous Owner Charlesworth Ronald J $221,350
Previous Owner Gestel Renee $224,280
Previous Owner Gestel Kenneth $240,350
Previous Owner Morris Susan M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $198,000 -3.4% $88 / Sq Ft
04/12/2020 04/12/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $204,900 -- $91 / 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 $9,417 $231,500 $65,300 $166,200
2023 $9,417 $231,500 $65,300 $166,200
2022 $9,295 $231,500 $65,300 $166,200
2021 $9,038 $231,500 $65,300 $166,200
2020 $8,788 $231,500 $65,300 $166,200
2019 $8,640 $231,500 $65,300 $166,200
2018 $8,447 $231,500 $65,300 $166,200
2017 $8,123 $231,500 $65,300 $166,200
2016 $7,718 $231,500 $65,300 $166,200
2015 $7,355 $231,500 $65,300 $166,200
2014 $7,049 $231,500 $65,300 $166,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201239

Cape May County Association of REALTORS®

APN: 11-01512-0000-00089