NOT LISTED FOR SALE

Estimated Value: $743,000 - $871,000

3 Beds
2 Baths
1,238 Sq Ft
$646/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $650,111 $525 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,616/month

18 Days on Market

Highlights

  • Water Views
  • Island Location
  • Ranch Style House
  • Property near a bay
  • Deck
  • Cathedral Ceiling

About This Home

As of July 2023

***Highest and Best Offers requested by Sunday June 4th at 4PM***

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 05/24/2023

Last Buyer's Agent

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 05/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,933

Year Built

  • Built in 1976

Lot Details

  • 3,920

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Blinds
  • Living Room
  • Dining Area
  • Storage
  • Laminate Flooring
  • Water Views
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Car Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

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

Additional Features

  • Lot Dimensions are 40 x 80
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 9 / 174

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,933

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Seasonal: XXX
  • Location: Island, Water View
  • District Township: 15-Wildwood Crest
  • Near: Sunset Lake, Cape May
  • Also Includes: Shades, Blinds, Furniture
  • Estimated Year Built: 1976
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Lot Size2: 40 X 80
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Skylight, Smoke/Fire Alarm, Storage, Laminate Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Kitchen, Dining Area, Pantry, Storage Attic, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 40
  • Outside Features: Deck, Enclosed/Covered Patio, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 1 Car, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Electric
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 9
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4932.63
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jul 28, 2023
Sold by
Berardi James R and Berardi Florence E
Bought by
Banyar Thomas R and Banyar Samantha E
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
Buyer's Agent
Paul Zografakis
RE/MAX SURFSIDE
List Price
$634,900
Sold Price
$650,111
Premium/Discount to List
$15,211
2.4%
Views
253
Current Estimated Value
$799,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,786
Avg. Annual Appreciation
9.65%
Original Mortgage
$455,000
Outstanding Balance
$444,399
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$355,498

Purchase Details

Closed on
Oct 8, 1999
Sold by
Traina Frank L
Bought by
Berardi James R and Berardi Florence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
7.8%
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
Banyar Thomas R $650,111 Landis Title
Berardi James R $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banyar Thomas R $455,000
Previous Owner Berardi James R $100,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $650,111 +2.4% $525 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $634,900 -- $513 / 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 $5,153 $361,100 $268,000 $93,100
2024 $5,153 $361,100 $268,000 $93,100
2023 $5,077 $361,100 $268,000 $93,100
2022 $4,933 $361,100 $268,000 $93,100
2021 $4,438 $361,100 $268,000 $93,100
2020 $4,655 $361,100 $268,000 $93,100
2019 $4,618 $361,100 $268,000 $93,100
2018 $4,543 $361,100 $268,000 $93,100
2017 $4,452 $361,100 $268,000 $93,100
2016 $4,312 $361,100 $268,000 $93,100
2015 $4,247 $361,100 $268,000 $93,100
2014 $4,153 $361,100 $268,000 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 231339

Cape May County Association of REALTORS®

APN: 15-00174-0000-00009