NOT LISTED FOR SALE

112 48th St Unit EAST Sea Isle City, NJ 08243

Estimated Value: $1,293,000 - $1,845,000

4 Beds
3 Baths
1,972 Sq Ft
$766/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $1,650,000 $837 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,535/month

24 Days on Market

Highlights

  • Water Views
  • Cathedral Ceiling
  • Furnished
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Fireplace

About This Home

As of October 2022

This home is located at 112 48th St Unit EAST, Sea Isle City, NJ 08243 since 12 August 2022 and is currently estimated at $1,509,612, approximately $765 per square foot. This property was built in 2004. 112 48th St Unit EAST 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.

Last Agent to Sell the Property

Dustin Laricks

COMPASS RE - Sic Listed on: 08/12/2022

COMPASS RE - Sic

Last Buyer's Agent

Amy Lombardo

COMPASS RE - Sic License #1538074

COMPASS RE - Sic

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,042

Year Built

  • Built in 2004

Lot Details

  • 5,489

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Pool

  • Outdoor Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Legal Lot and Block 21 / 48.03

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,042

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • District Township: 09-Sea Isle City
  • Also Includes: Furniture
  • Estimated Year Built: 2004
  • New Construction: No
  • Second Address Number: 112
  • Selling Agent1: 4337
  • Selling Office1: 603
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • CondoFeeFrequency: Annually
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: Three
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Other Rooms: Living Room, Dining Room, Kitchen, Storage Space

Garage/Parking

  • Parking: Garage, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: East
  • Common Area Features: Deck/Porch, Outside Shower
  • Condo Fees: Insurances
  • Unit Features: Fireplace, Hardwood Floors, Cathedral Ceiling, Foyer
  • Unit Location: Water View

Lot Info

  • Lot Number: 21
  • Zoning: Res

Tax Info

  • Taxes: 5041.64
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Oct 24, 2022
Sold by
Brown Christine
Bought by
Scheetz Mary C and Hird William T
Seller's Agent
Dustin Laricks
COMPASS RE - Sic
Buyer's Agent
Amy Lombardo
COMPASS RE - Sic
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%
Current Estimated Value
$1,509,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$140,388
Avg. Annual Appreciation
-3.04%
Original Mortgage
$860,000
Outstanding Balance
$832,090
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$677,522

Purchase Details

Closed on
Dec 6, 2005
Sold by
Carroll Kevin A and Carroll Danielle E
Bought by
Brown Ed and Brown Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 30, 2004
Sold by
Pelican Group Llc
Bought by
Carroll Kevin A and Carroll Danielle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,875
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Iacone Vincent and Iacone Dorothy
Bought by
Pelican Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,875
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2003
Sold by
Chickadel James
Bought by
Iacone Vincent and Iacone Dorothy
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
Scheetz Mary C $1,650,000 Shore Title
Scheetz Mary C $1,650,000 Shore Title
Brown Ed $770,000 The Title Company Of Jersey
Carroll Kevin A $742,500 Shore Title Agency Inc
Pelican Group Llc -- Shore Title Agency Inc
Iacone Vincent $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheetz Mary C $860,000
Closed Scheetz Mary C $860,000
Previous Owner Krankowski Ron $390,000
Previous Owner Brown Ed $616,000
Previous Owner Carroll Kevin A $556,875
Closed Carroll Kevin A $37,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $1,650,000 -2.9% $837 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $1,699,000 -- $862 / 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 $5,900 $659,900 $357,800 $302,100
2024 $5,900 $659,900 $357,800 $302,100
2023 $5,622 $659,900 $357,800 $302,100
2022 $5,286 $659,900 $357,800 $302,100
2021 $4,738 $659,900 $357,800 $302,100
2020 $4,844 $659,900 $357,800 $302,100
2019 $4,738 $659,900 $357,800 $302,100
2018 $4,685 $659,900 $357,800 $302,100
2017 $4,586 $659,900 $357,800 $302,100
2016 $4,435 $659,900 $357,800 $302,100
2015 $4,061 $689,400 $386,500 $302,900
2014 $4,026 $689,400 $386,500 $302,900
Source: Public Records

Agents Affiliated with this Home

  • Dustin Laricks

    Seller's Agent in 2022

    Dustin Laricks

    COMPASS RE - Sic

    (609) 335-9442

    164 in this area

    180 Total Sales

    Dustin Laricks
    Section Image
  • Amy Lombardo

    Buyer's Agent in 2022

    Amy Lombardo

    COMPASS RE - Sic

    (609) 705-5101

    30 in this area

    71 Total Sales

    Amy Lombardo
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222647

Cape May County Association of REALTORS®

APN: 09-00048-03-00021-0000-C-E

New Jersey Cape May County Sea Isle City 08243

112 48th St Unit EAST, Sea Isle City, NJ

This home is located at 112 48th St Unit EAST, Sea Isle City, NJ 08243 since 12 August 2022 and is currently estimated at $1,509,612, approximately $765 per square foot. This property was built in 2004. 112 48th St Unit EAST 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.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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