NOT LISTED FOR SALE

Estimated Value: $713,000 - $934,000

6 Beds
3 Baths
1,428 Sq Ft
$580/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $570,000 $399 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,744/month

24 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Living Room
  • Fenced Yard
  • Interior Lot
  • Outdoor Storage

About This Home

As of March 2023

This home is located at 116 E 12th Ave, Wildwood, NJ 08260 since 10 December 2022 and is currently estimated at $828,121, approximately $579 per square foot. This property was built in 1930. 116 E 12th Ave is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

Teri Bassett

CENTURY 21 ALLIANCE wc Listed on: 12/10/2022

CENTURY 21 ALLIANCE wc

Last Buyer's Agent

Joe Vallese

CHRIS HENDERSON REALTY License #9806653

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,345

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 30x100
  • Fenced Yard
  • Interior Lot

Home Design

  • Triplex

Interior Spaces

  • 1,428 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 7 / 208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,345

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Location: Inside Lot
  • District Township: 07-North Wildwood City
  • Near: Beach
  • Also Includes: Drapes, Curtains, Partial Furniture
  • Estimated Year Built: 1930
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 116
  • Lot Size2: 30x100
  • Selling Agent1: 248
  • Selling Office1: 40
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Total Bathrooms: 3
  • Basement: Crawl Space
  • Total Sq Ft: 1428
  • Other Rooms: Living Room, Dining Room, Eat In Kitchen, Dining Area, Other

Exterior Features

  • Outside Features: Deck, Fenced Yard, Storage Building, Cable TV

Garage/Parking

  • Parking: 3 Car, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 7
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 4345
  • Tax Year: 2021

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Feb 23, 2023
Sold by
Weber Ronald W
Bought by
Mattison Adam Edward and Mattison Kimberly Dawne
Seller's Agent
Teri Bassett
CENTURY 21 ALLIANCE wc
Buyer's Agent
Joe Vallese
CHRIS HENDERSON REALTY
List Price
$610,000
Sold Price
$570,000
Premium/Discount to List
-$40,000
-6.56%
Current Estimated Value
$828,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,121
Avg. Annual Appreciation
15.14%
Original Mortgage
$427,500
Outstanding Balance
$413,595
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$414,526

Purchase Details

Closed on
Apr 10, 2014
Sold by
Heffron Dolores and Zavrel Patricia
Bought by
Weber Ronald W and Dougherty John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 2013
Sold by
Heffron Dolores and Kessler Dolores
Bought by
Heffron Dolores and Zavre Patricia
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
Mattison Adam Edward $570,000 Afrm Title & Abstract
Mattison Adam Edward $570,000 Afrm Title & Abstract
Weber Ronald W $200,000 Shore Title Agency Inc
Heffron Dolores -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattison Adam Edward $427,500
Closed Mattison Adam Edward $427,500
Previous Owner Weber Ronald W $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $570,000 -6.6% $399 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
12/10/2022 12/10/22 For Sale $610,000 -- $427 / 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 $4,814 $310,200 $174,000 $136,200
2024 $4,814 $310,200 $174,000 $136,200
2023 $4,712 $310,200 $174,000 $136,200
2022 $4,523 $310,200 $174,000 $136,200
2021 $3,221 $310,200 $174,000 $136,200
2020 $4,191 $310,200 $174,000 $136,200
2019 $4,051 $310,200 $174,000 $136,200
2018 $3,936 $310,200 $174,000 $136,200
2017 $3,853 $310,200 $174,000 $136,200
2016 $3,778 $310,200 $174,000 $136,200
2015 $3,268 $289,700 $210,000 $79,700
2014 $3,190 $289,700 $210,000 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223659

Cape May County Association of REALTORS®

APN: 07-00208-0000-00007