NOT LISTED FOR SALE

111 87th St Sea Isle City, NJ 08243

Estimated Value: $2,394,098 - $2,680,000

3 Beds
1 Bath
862 Sq Ft
$2,978/Sq Ft Est. Value

Last Sold November 09, 2015

Last sale price $620,000 $719 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $14,880/month

101 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Cottage
  • Detached Garage
  • Ocean City Primary School Rated A
  • Fenced Yard
  • Porch

About This Home

As of November 2015

Beach block seashore cottage with 3 bedrooms, 1.5 baths and detached garage. The lot is 30x100 . This is a perfect location for your getaway...or new construction.

Last Agent to Sell the Property

Barbara Boeshe

FARINA & BOESHE, INC Listed on: 07/01/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,928

Lot Details

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

Parking

  • Detached Garage

Home Design

  • Cottage
  • Vinyl Siding

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Washer

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

  • Window Unit Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 24.02 / 87.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,928

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 09-Sea Isle City
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 5

Exterior Features

  • Construction: Cottage
  • Exterior: Vinyl
  • Outside Features: Porch, Fenced Yard, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Detached

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Space/Wall/Floor
  • Hot Water: Gas- Natural
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 24.02
  • Lot Size: 30x100
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 3928

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2015
Closed on
Nov 9, 2015
Sold by
The Estate Of Marguerite A Ford and Sherman Jeffrey M
Bought by
Mcmahon Gregory E and Mcmahon Terry M
Seller's Agent
Barbara Boeshe
FARINA & BOESHE, INC
List Price
$629,000
Sold Price
$620,000
Premium/Discount to List
-$9,000
-1.43%
Current Estimated Value
$2,566,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,946,775
Avg. Annual Appreciation
14.07%

Purchase Details

Closed on
Oct 29, 2008
Sold by
Ford Marguerite A
Bought by
Ford Marguerite A
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
Mcmahon Gregory E $620,000 Shore Title
Ford Marguerite A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Gregory E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2015 11/09/15 Sold $620,000 -1.4% $719 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $629,000 -- $730 / 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 $10,741 $1,201,400 $615,000 $586,400
2024 $10,741 $1,201,400 $615,000 $586,400
2023 $10,236 $1,201,400 $615,000 $586,400
2022 $9,623 $1,201,400 $615,000 $586,400
2021 $9,179 $1,201,400 $615,000 $586,400
2020 $8,818 $1,201,400 $615,000 $586,400
2019 $8,626 $1,201,400 $615,000 $586,400
2018 $8,530 $1,201,400 $615,000 $586,400
2017 $8,350 $1,201,400 $615,000 $586,400
2016 $4,133 $615,000 $615,000 $0
2015 $3,961 $672,500 $630,000 $42,500
2014 $3,927 $672,500 $630,000 $42,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Barbara Boeshe

    FARINA & BOESHE, INC

    (609) 335-1892

    5 in this area

    5 Total Sales

    Barbara Boeshe
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 164811

Cape May County Association of REALTORS®

APN: 09-00087-02-00024-02

New Jersey Cape May County Sea Isle City 08243

111 87th St, Sea Isle City, NJ

This home is located at 111 87th St, Sea Isle City, NJ 08243 since 01 July 2015 and is currently estimated at $2,566,775, approximately $2,977 per square foot. 111 87th St 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.

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