NOT LISTED FOR SALE

Estimated Value: $422,000 - $636,912

2 Beds
1 Bath
648 Sq Ft
$817/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $282,000 $435 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,996/month

45 Days on Market

Highlights

  • Water Views
  • Island Location
  • Wood Flooring
  • Property near a bay
  • Ranch Style House
  • Corner Lot

About This Home

As of September 2016

WATER VIEWS: Don't miss out on this location! This 2 bedroom, one bath cottage is situated on a corner lot with water views. Hardwood floors, enclosed front porch, floored, storage attic and outside shower are a few highlights. Keep the cottage, or build up to maximize the views just as neighboring homeowners. Natural gas is available. Call today for a private tour!

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE License #0451111 Listed on: 07/10/2016

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,486

Year Built

  • Built in 1940

Lot Details

  • Corner Lot
  • Property is zoned R2

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 648 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Parking Pad

Outdoor Features

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

Location

  • Island Location

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 147

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,486

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Island, Water View
  • District Township: 07-N. Wildwood City
  • Near: Hoffman Canal
  • Estimated Year Built: 1940
  • Bay Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Appliances Included: Range, Oven
  • Interior Amenities: Wood Flooring, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 648
  • Other Rooms: Living Room, Eat-In-Kitchen, Storage Attic

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Enclosed/Covered Patio, Porch, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 2 Car

Utilities

  • Cooling: Ceiling Fan
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1
  • Lot Size: 40x100
  • Zoning: R2
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 2486.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2016
Closed on
Sep 23, 2016
Sold by
Welsh Daniel J
Bought by
Kaminski Michael and Kaminski Eileen
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$339,900
Sold Price
$282,000
Premium/Discount to List
-$57,900
-17.03%
Current Estimated Value
$529,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,456
Avg. Annual Appreciation
7.17%
Original Mortgage
$207,000
Outstanding Balance
$165,344
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$364,112

Purchase Details

Closed on
Sep 13, 1991
Bought by
Welsh James J
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
Kaminski Michael $282,000 Shore Title Agency
Welsh James J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaminski Michael $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $282,000 -17.0% $435 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $339,900 -- $525 / 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 $2,700 $174,000 $174,000 --
2024 $2,700 $174,000 $174,000 $0
2023 $3,834 $252,400 $174,000 $78,400
2022 $3,680 $252,400 $174,000 $78,400
2021 $2,621 $252,400 $174,000 $78,400
2020 $3,410 $252,400 $174,000 $78,400
2019 $3,296 $252,400 $174,000 $78,400
2018 $3,203 $252,400 $174,000 $78,400
2017 $3,135 $252,400 $174,000 $78,400
2016 $3,074 $252,400 $174,000 $78,400
2015 $2,486 $220,400 $170,000 $50,400
2014 $2,427 $220,400 $170,000 $50,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 171246

Cape May County Association of REALTORS®

APN: 07-00147-0000-00001