NOT LISTED FOR SALE

116 Fishing Creek Rd Cape May, NJ 08204

Estimated Value: $484,000 - $580,000

6 Beds
4 Baths
2,024 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $204,500 $101 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $3,204/month

63 Days on Market

Highlights

  • Deck
  • Interior Lot
  • Outdoor Storage
  • Eat-In Kitchen
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of November 2017

Call and set an appointment. Both units are rented and need 24 hour notice.

Last Agent to Sell the Property

Dan Harris

WEICHERT REALTORS CITY TO SHORE License #0570791 Listed on: 08/10/2017

WEICHERT REALTORS CITY TO SHORE

Last Buyer's Agent

ReEtta Peterson

HOMESTEAD REAL ESTATE CO. INC. License #0019360

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,732

Lot Details

  • Lot Dimensions are 355x115
  • Interior Lot

Parking

  • Driveway

Home Design

  • Duplex

Interior Spaces

  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Private Water Source
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 2 / 495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,732

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Inside Lot, Mainland
  • District Township: 05-Lower Township
  • Also Includes: Curtains, Shades, Blinds
  • New Construction: No
  • Second Address Number: 116
  • Lot Size2: 355x115
  • Selling Agent1: 1250
  • Selling Office1: 44
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen

Exterior Features

  • Outside Features: Deck, Storage Building

Garage/Parking

  • Parking: Concrete Driveway

Utilities

  • Separate Meter: Electric, Gas
  • Cooling: Central Air, Ceiling Fan
  • Heating: Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: Private
  • Cable Available: Lease Information, Survey

Lot Info

  • Lot Number: 2
  • Lot Size: 1+ Acre to 5 Acres

Tax Info

  • Taxes: 3732.48
  • Tax Year: 2016

Multi Family

  • Number Of Units: 2
  • Total Rent: 2400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2017
Closed on
Nov 20, 2017
Sold by
Albert William K
Bought by
Davis Wynona M and Peterson Reetta
Seller's Agent
Dan Harris
WEICHERT REALTORS CITY TO SHORE
Buyer's Agent
ReEtta Peterson
HOMESTEAD REAL ESTATE CO. INC.
List Price
$229,000
Sold Price
$204,500
Premium/Discount to List
-$24,500
-10.7%
Current Estimated Value
$533,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,642
Avg. Annual Appreciation
11.99%
Original Mortgage
$110,000
Outstanding Balance
$93,549
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$402,165

Purchase Details

Listed on
Mar 1, 2016
Closed on
May 20, 2016
Sold by
Lee Joanne M and Lee Timothy M
Bought by
Albert William K
Seller's Agent
Gerard Hall
COASTAL ELITE REALTY
List Price
$219,900
Sold Price
$205,000
Premium/Discount to List
-$14,900
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.16%

Purchase Details

Closed on
Oct 26, 2012
Sold by
Lee Joanne M
Bought by
Lee Joanne M and Lee Timothy

Purchase Details

Closed on
Jan 5, 1995
Sold by
Bowman Robert E
Bought by
Lee Timothy M and Lee Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
9.23%
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
Davis Wynona M $204,500 The Title Company Of Jersey
Albert William K $205,000 Shore Title Agency Inc
Lee Joanne M -- None Available
Lee Timothy M $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Wynona M $110,000
Previous Owner Lee Timothy $50,000
Previous Owner Maloy John $166,250
Previous Owner Lee Timothy M $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $204,500 -10.7% $101 / Sq Ft
10/21/2017 10/21/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $229,000 +11.7% $113 / Sq Ft
05/20/2016 05/20/16 Sold $205,000 -6.8% $101 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $219,900 -- $109 / 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 $4,360 $215,400 $99,200 $116,200
2024 $4,360 $215,400 $99,200 $116,200
2023 $4,291 $215,400 $99,200 $116,200
2022 $4,164 $215,400 $99,200 $116,200
2021 $4,034 $215,400 $99,200 $116,200
2020 $3,968 $215,400 $99,200 $116,200
2019 $3,873 $215,400 $99,200 $116,200
2018 $3,785 $215,400 $99,200 $116,200
2017 $3,785 $215,400 $99,200 $116,200
2016 $3,733 $215,400 $99,200 $116,200
2015 $3,614 $215,400 $99,200 $116,200
2014 $3,483 $215,400 $99,200 $116,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 177628

Cape May County Association of REALTORS®

APN: 05-00495-02-00002