NOT LISTED FOR SALE
-- Beds
-- Baths
1,626 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: August 14, 2015

Last sale price $320,000 $197 Per Sq Ft

263 Days on Market

Highlights

  • Deck
  • Interior Lot
  • Baseboard Heating
  • Fenced Yard
  • Patio

About This Home

As of August 2015

Investor's dream! This income producing property was gutted to the studs and completely remodeled in 2005, roof, windows, and siding were also done in 2005. The front building consists of 2 units. Downstairs features 2 large bedrooms, 2 baths, den, eat-in kitchen and large living area. Upstairs features 2 bedrooms, 1 bath, and private deck. The rear building consists of two 1 bed, 1 bath units each with their own deck. Owners have a great rental history and the property brings in $42,000 a year. All tenants pay their own utilities.

Last Agent to Sell the Property

Bryan Steere

BLUE HOMES REAL ESTATE LLC Listed on: 10/25/2014

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,122

Lot Details

  • Fenced Yard
  • Interior Lot

Home Design

  • Quadruplex

Basement

  • Crawl Space

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 26 / 6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,122

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Four-Plex
  • Location: Inside Lot
  • District Township: 14-Wildwood City
  • Beach Proximity: 3 Blocks
  • Available: Lease Information
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Outside Features: Patio, Deck, Fenced Yard, Cable TV

Garage/Parking

  • Parking: 3 Car, Concrete Driveway

Utilities

  • Separate Meter: Electric
  • Cooling: Wall Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 26
  • Lot Size: 40x100
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 6122.34
  • Assessor Parcel Number: 14000060000000260000

Multi Family

  • Number Of Units: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2014
Closed on
Aug 13, 2015
Sold by
Simpson Robert B and Adams Robert A
Bought by
Seller's Agent
Bryan Steere
BLUE HOMES REAL ESTATE LLC
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2005
Sold by
Verdi Michael
Bought by
Simpson Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2003
Sold by
Verdi Gaetamo A
Bought by
Verdi Michael

Purchase Details

Closed on
Apr 28, 1995
Sold by
Ortholf Eleonora M
Bought by
Keon Robert J Mc and Mayer Suzanne
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$320,000 Attorney
Simpson Robert B $420,000 Sedona Title Agency
Simpson Robert B -- Sedona Title Agency
Verdi Michael $102,000 --
Keon Robert J Mc $68,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $240,000
Previous Owner Simpson Robert B $273,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $320,000 -1.5% $197 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
10/25/2014 10/25/14 For Sale $325,000 -- $200 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,130 $270,900 $121,000 $149,900
2025 $8,130 $270,900 $121,000 $149,900
2024 $7,935 $270,900 $121,000 $149,900
2023 $7,935 $270,900 $121,000 $149,900
2022 $7,672 $270,900 $121,000 $149,900
2021 $5,384 $270,900 $121,000 $149,900
2020 $7,287 $270,900 $121,000 $149,900
2019 $7,027 $270,900 $121,000 $149,900
2018 $6,770 $270,900 $121,000 $149,900
2017 $6,485 $270,900 $121,000 $149,900
2016 $6,296 $270,900 $121,000 $149,900
2015 $6,195 $270,900 $121,000 $149,900
2014 $6,122 $270,900 $121,000 $149,900
Source: Public Records

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 160987

Cape May County Association of REALTORS®

APN: 14 00006-0000-00026

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