NOT LISTED FOR SALE

Estimated Value: $520,906 - $637,000

8 Beds
3 Baths
2,288 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $135,000 $59 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $3,674/month

89 Days on Market

Highlights

  • Island Location
  • Deck
  • Living Room

About This Home

As of September 2018

**NOTE** The rear building currently has a demolition order on it from the City of Wildwood. Use extreme caution when entering the unit. The city will allow a rebuild of the rear property if all proper permits are pulled and criteria are met per city code. Investor offers will not be considered until 21 days after list date. Seller is unaware of the condition of the Property. Seller or Seller's Agent makes no warranties, expressed or implied as to the condition of the property. It is the intent of the Seller to sell the property in its " as is " present condition. Seller shall not provide a survey, property condition report, homeowners warranty or Certification of Occupancy. Buyer should satisfy all questions and concerns with personal inspection and research. Pre-qualification letter or proof of funds should accompany all offers. AN OFFER MANAGEMENT FEE OF $175.00 IS CHARGED BY PYRAMID PLATFORM IN CONNECTION WITH THE USE OF PROPOFFERS.COM. THIS FEE WILL BE PAID AT CLOSING FROM THE AGENT REPRESENTING THE BUYER AS SELLING AGENT

Last Agent to Sell the Property

Michael Bailey

COASTAL ELITE REALTY Listed on: 04/04/2018

COASTAL ELITE REALTY

Co-Listed By

Peter Mingo

COASTAL ELITE REALTY

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,642

Year Built

  • Built in 1930

Lot Details

  • 3,049

Home Design

  • Triplex

Interior Spaces

  • 2,288 Sq Ft Home
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Additional Features

  • Deck
  • Lot Dimensions are 30 x 90
  • Island Location

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 23 / 243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,642

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Location: Island
  • District Township: 14-Wildwood City
  • Estimated Year Built: 1930
  • New Construction: No
  • Second Address Number: 119
  • Listing Office2: 508
  • Lot Size2: 30 x 90
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Total Bathrooms: 3
  • Basement: Crawl Space
  • Total Sq Ft: 2288
  • Other Rooms: Living Room, Kitchen

Exterior Features

  • Outside Features: Deck

Utilities

  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 23
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4641.97
  • Tax Year: 2018

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2018
Sold by
Mtglq Investors Lp
Bought by
Balzer 4Th George
Current Estimated Value
$589,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2018
Sold by
Fnma
Bought by
Mtglq Investors Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2017
Sold by
Mills Maria and Mills Clayton
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 31, 2003
Sold by
Mills Maria
Bought by
Mills Maria and Mills Clayton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2001
Sold by
Degrandes Gene
Bought by
Mccormick Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,912
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 1989
Sold by
Slack Bruce and Slack Karen
Bought by
Prestileo Vincent and Prestileo Degrandes
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
Balzer 4Th George $135,000 --
Mtglq Investors Lp -- --
Federal National Mortgage Association -- Clean Title Agency
Mills Maria -- --
Mccormick Maria $82,250 --
Prestileo Vincent $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balzer 4Th George $140,000
Previous Owner Mills Clayton $239,000
Previous Owner Mills Maria $124,000
Previous Owner Mccormick Maria $69,912
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2018 09/26/18 Sold $135,000 -17.9% $59 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $164,500 -- $72 / 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 $5,819 $193,900 $76,800 $117,100
2024 $5,819 $193,900 $76,800 $117,100
2023 $5,679 $193,900 $76,800 $117,100
2022 $5,491 $193,900 $76,800 $117,100
2021 $5,342 $193,900 $76,800 $117,100
2020 $5,216 $193,900 $76,800 $117,100
2019 $5,030 $193,900 $76,800 $117,100
2018 $4,846 $193,900 $76,800 $117,100
2017 $4,642 $193,900 $76,800 $117,100
2016 $4,506 $193,900 $76,800 $117,100
2015 $4,434 $193,900 $76,800 $117,100
2014 $4,382 $193,900 $76,800 $117,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 181214

Cape May County Association of REALTORS®

APN: 14-00243-0000-00023