NOT LISTED FOR SALE

Estimated Value: $246,000 - $411,000

2 Beds
1 Bath
1,000 Sq Ft
$315/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $27,500 $28 Per Sq Ft

Est. 1,046% increase in value since last sale

Current estimated payment $1,983/month

277 Days on Market

Highlights

  • Wood Flooring
  • Cul-De-Sac
  • Laundry Room
  • Cottage
  • Living Room
  • Outdoor Storage

About This Home

As of November 2016

This small 1 bedroom country cottage is situated on a large lot and can be expanded. Ideal for a starter home or seashore getaway. It's situated on a cul-de -sac close to the Delaware Bay, inland lakes and a short ride to the beeches of Cape May County. Buyer should satisfy all questions and concerns with personal inspection and research. This is a Fannie Mae Home Path Property.

Last Agent to Sell the Property

Paul DiFilippo

RE/MAX SURFSIDE License #8830342 Listed on: 01/05/2016

RE/MAX SURFSIDE

Co-Listed By

Clifford Walter

KELLER WILLIAMS REALTY JERSEY SHORE nw

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1850

Lot Details

  • 0.49

Home Design

  • Cottage

Interior Spaces

  • 1,000 Sq Ft Home
  • Living Room
  • Dining Area
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 2 Car Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Well
  • Electric Water Heater

Additional Features

  • Outdoor Storage
  • Cul-De-Sac

Listing and Financial Details

  • Legal Lot and Block 5 / 79

Home Details

Home Type

Single Family

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cul-de-sac, Mainland
  • District Township: 04-Dennis Township
  • Estimated Year Built: 1850
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1850

Interior Features

  • Interior Amenities: Wood Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 6
  • Basement: Partial, Inside Entrance, Plumbing
  • Estimated Living Sq Ft: 1000
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Cottage
  • Outside Features: Storage Building

Garage/Parking

  • Parking Garage: 2 Car, Gravel Driveway

Utilities

  • Heating: Oil, Forced Air
  • Hot Water: Electric
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 5
  • Lot Size: .49Ac
  • Lot Size Range: 10000-20000 SqFt

Tax Info

  • Taxes: > 2276.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2017
Sold by
Fercon Companies Llc
Bought by
Sylvester Frederick
Current Estimated Value
$315,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,595
Outstanding Balance
$133,983
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$185,629

Purchase Details

Listed on
Jan 5, 2016
Closed on
Nov 4, 2016
Sold by
Fannie Mae
Bought by
Fercon Companies Llc
Seller's Agent
Paul DiFilippo
RE/MAX SURFSIDE
List Price
$81,000
Sold Price
$27,500
Premium/Discount to List
-$53,500
-66.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.02%

Purchase Details

Closed on
Aug 25, 2015
Sold by
Breden Mary Ann
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 31, 2005
Sold by
Barry Christopher G and Barry Lisa M
Bought by
Breden Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2004
Sold by
Weldon Bertha W and Henry Bertha W
Bought by
Barry Christopher G and Barry Lisa M
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
Sylvester Frederick $158,000 Seaboard Title Agency
Fercon Companies Llc -- None Available
Federal National Mortgage Association $123,025 None Available
Breden Mary Ann $128,000 Shore Title Agency Inc
Barry Christopher G $60,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sylvester Frederick $159,595
Previous Owner Breden Mary Ann $121,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2016 11/07/16 Sold $27,500 -66.0% $28 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $81,000 -- $81 / 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 $3,222 $158,800 $79,900 $78,900
2024 $3,222 $158,800 $79,900 $78,900
2023 $3,076 $158,800 $79,900 $78,900
2022 $3,005 $158,800 $79,900 $78,900
2021 $2,971 $158,800 $79,900 $78,900
2020 $2,965 $158,800 $79,900 $78,900
2019 $2,916 $158,800 $79,900 $78,900
2018 $2,790 $158,800 $79,900 $78,900
2017 $2,393 $140,700 $79,900 $60,800
2016 $2,316 $140,700 $79,900 $60,800
2015 $2,277 $140,700 $79,900 $60,800
2014 $2,254 $168,700 $124,100 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 167831

Cape May County Association of REALTORS®

APN: 04 00079-0000-00005- 01