NOT LISTED FOR SALE

Estimated Value: $559,000 - $846,000

3 Beds
2 Baths
1,688 Sq Ft
0.62 Acres

Last Sold May 08, 2017

Last sale price $380,000 $225 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,326/month

304 Days on Market

Highlights

  • Water Views
  • Island Location
  • Furnished
  • Property fronts an inlet
  • Corner Lot
  • Community Pool

About This Home

As of May 2017

Deck, siding and railings will be repaired before any settlement.

Last Agent to Sell the Property

Francis Jannotta

COASTAL ELITE REALTY Listed on: 05/06/2016

COASTAL ELITE REALTY

Last Buyer's Agent

Colleen Wright

DON MARTIN REALTY, INC

DON MARTIN REALTY, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,700

Lot Details

  • 0.62

Interior Spaces

  • 1,688 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Outdoor Shower
  • Property fronts an inlet
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 2 / 192

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,700

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Inlet, Island, Water View
  • District Township: 07-North Wildwood City
  • Near: Hereford Inlet
  • Also Includes: Drapes, Blinds, Furniture
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit B
  • Second Address Number: 138
  • Price per Sq Ft: 225.12
  • Selling Agent1: 2164
  • Selling Office1: 27
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1688
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Auto Door Opener, Garage, 2 Car, Attached

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: B
  • Common Area Features: Deck/Porch, Outside Shower, Pool
  • Condo Fees: 225 month
  • Unit Features: Wall To Wall Carpet
  • Unit Location: Corner, Top Floor, Water View

Lot Info

  • Lot Number: 2
  • Zoning: RR2

Tax Info

  • Taxes: 5700
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
May 8, 2017
Sold by
Nowacky Kelly A
Bought by
Neimeister Kenneth G and Neimeister Lisa A
Seller's Agent
Francis Jannotta
COASTAL ELITE REALTY
Buyer's Agent
Colleen Wright
DON MARTIN REALTY, INC
List Price
$525,000
Sold Price
$380,000
Premium/Discount to List
-$145,000
-27.62%
Current Estimated Value
$729,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,989
Avg. Annual Appreciation
8.01%
Original Mortgage
$150,000
Outstanding Balance
$76,108
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$653,881

Purchase Details

Closed on
Oct 14, 2010
Sold by
Bilbee Joseph G
Bought by
Bilbee Joseph G
Source: Public Records

Range of Values:

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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
Neimeister Kenneth G $380,000 None Available
Bilbee Joseph G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neimeister Kenneth G $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2017 05/08/17 Sold $380,000 -27.6% $225 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
05/06/2016 05/06/16 For Sale $525,000 -- $311 / 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 $5,975 $385,000 $226,600 $158,400
2024 $5,975 $385,000 $226,600 $158,400
2023 $5,848 $385,000 $226,600 $158,400
2022 $5,613 $385,000 $226,600 $158,400
2021 $3,997 $385,000 $226,600 $158,400
2020 $5,201 $385,000 $226,600 $158,400
2019 $5,028 $385,000 $226,600 $158,400
2018 $4,886 $385,000 $226,600 $158,400
2017 $4,782 $385,000 $226,600 $158,400
2016 $4,689 $385,000 $226,600 $158,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170157

Cape May County Association of REALTORS®

APN: 07-00192-0000-00002-0000-C138B