NOT LISTED FOR SALE

Estimated Value: $856,000 - $1,071,000

4 Beds
3 Baths
1,368 Sq Ft
$683/Sq Ft Est. Value

Sale Details

Date Sold: November 24, 2021

Last sale price $550,000 $402 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,321 / mo

95 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Porch
  • Property is near a beach
  • Island Location
  • Eat-In Kitchen

About This Home

As of November 2021

This home is located at 117 E Walnut Ave, Wildwood, NJ 08260 since 15 July 2021 and is currently estimated at $934,433, approximately $683 per square foot. This property was built in 1988. 117 E Walnut 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

Jill Fluharty

KELLER WILLIAMS REALTY - Washington Twp License #1538790 Listed on: 07/15/2021

KELLER WILLIAMS REALTY - Washington Twp

Last Buyer's Agent

Jill Fluharty

KELLER WILLIAMS REALTY - Washington Twp License #1538790 Listed on: 07/15/2021

KELLER WILLIAMS REALTY - Washington Twp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,190

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 25x100
  • Building is beachfront but unit may not have water views
  • Interior Lot

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Patio
  • Porch

Location

  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 17 / 222

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,190

Year Built

Built in 1988

Lot Details

0.58 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Type: Other
  • Location: Beach Block, Inside Lot, Island
  • District Township: 07-North Wildwood City
  • Near: Sea Wall, Lighthouse
  • Estimated Year Built: 1988
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 25X100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Total Bathrooms: 3
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Patio, Porch, Cable TV, Sidewalks, Outside Shower, Waterview

Utilities

  • Separate Meter: Gas
  • Cooling: Ceiling Fan, Wall Air Conditioning
  • Heating: Gas Natural
  • Hot Water: Gas
  • Sewer: City
  • Water: City
  • Cable Available: Lease Information

Lot Info

  • Lot Number: 17
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4190

Multi Family

  • Number Of Units: 2
  • Total Rent: 2250.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Nov 24, 2021
Sold by
Taylor Randy and Taylor Lori A
Bought by
117 East Walnut Llc
Seller's Agent
Jill Fluharty
KELLER WILLIAMS REALTY - Washington Twp
Buyer's Agent
Jill Fluharty
KELLER WILLIAMS REALTY - Washington Twp
List Price
$729,117
Sold Price
$550,000
Premium/Discount to List
-$179,117
-24.57%
Current Estimated Value
$934,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,433
Avg. Annual Appreciation
12.80%
Original Mortgage
$495,000
Outstanding Balance
$453,645
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$480,788

Purchase Details

Listed on
Dec 11, 2018
Closed on
Jul 12, 2019
Sold by
Steankiwicz David A and Stefankiewicz Laura
Bought by
Randt Tatlor and Taylor Lori A
Seller's Agent
Laura Stefankiewicz
CAPE ISLANDS REALTY, LLC
Buyer's Agent
Jill Fluharty
KELLER WILLIAMS REALTY - Washington Twp
List Price
$409,000
Sold Price
$325,000
Premium/Discount to List
-$84,000
-20.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.85%

Purchase Details

Closed on
Jan 22, 2007
Sold by
Orange Shark Llc
Bought by
Stefankiewicz David A and Stefankiewicz Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2005
Sold by
Brennan Vivian and Kelly Barbara
Bought by
Orange Shark Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
117 East Walnut Llc $550,000 None Available
Randt Tatlor $325,000 Freedom Title
Stefankiewicz David A $450,000 None Available
Orange Shark Llc $420,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 117 East Walnut Llc $495,000
Previous Owner Stefankiewicz David A $360,000
Previous Owner Orange Shark Llc $830,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2021 11/24/21 Sold $550,000 -24.6% $402 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $729,117 +124.3% $533 / Sq Ft
07/12/2019 07/12/19 Sold $325,000 -20.5% $238 / Sq Ft View Prior Sale
12/11/2018 12/11/18 For Sale $409,000 -- $299 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $150,000 $160,200
2024 $4,814 $310,200 $150,000 $160,200
2023 $4,712 $310,200 $150,000 $160,200
2022 $4,523 $310,200 $150,000 $160,200
2021 $4,334 $310,200 $150,000 $160,200
2020 $4,191 $310,200 $150,000 $160,200
2019 $4,051 $310,200 $150,000 $160,200
2018 $3,936 $310,200 $150,000 $160,200
2017 $3,853 $310,200 $150,000 $160,200
2016 $3,778 $310,200 $150,000 $160,200
2015 $3,610 $320,000 $216,500 $103,500
2014 $3,523 $320,000 $216,500 $103,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 212547

Cape May County Association of REALTORS®

APN: 07-00222-0000-00017

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