NOT LISTED FOR SALE

Estimated Value: $1,060,183 - $1,719,000

9 Beds
5 Baths
6,000 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $497,500 $83 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $7,375/month

6 Days on Market

Highlights

  • Property near a bay
  • Deck
  • 3 Car Attached Garage
  • Island Location
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of November 2018

EZ to show with Lock box. Buyers are encouraged to inspect the property using qualified inspectors and at their own expense. The property is being sold as an Estate Sale and The Executor has no knowledge concerning the property and cannot complete a seller disclosure. Possible condo conversion but interested parties should seek legal advise prior to proceeding. The property is listed as a Single Family Residence on the Tax Record but will be a Tri-Plex in the eyes of Lenders. Serious inquiries only. The Estate does not plan to make any repairs to the property. Heat in the main home was functional last winter but it is unknown if it is in working condition now.

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 09/07/2018

Last Buyer's Agent

Chuck Shea

CAPE ISLANDS REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,444

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 60 x 100
  • Corner Lot

Home Design

  • Triplex

Interior Spaces

  • 6,000 Sq Ft Home
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Patio
  • Outdoor Storage

Location

  • Island Location

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 3 / 235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,444

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Location: Corner, Island
  • District Township: 07-North Wildwood City
  • Near: Beach, Notre Dame Parish
  • Estimated Year Built: 1958
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 200
  • Lot Size2: 60 x 100
  • Selling Agent1: 3339
  • Selling Office1: 628
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Total Bathrooms: 5
  • Basement: Crawl Space, Outside Entrance
  • Total Sq Ft: 6000
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat In Kitchen, Dining Area, Pantry, Laundry/Utility Room, Storage Space

Exterior Features

  • Outside Features: Patio, Deck, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking: Garage, Parking Pad, 1 Car, 3 Car, Attached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 3
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 518800
  • Zoning: R-1

Tax Info

  • Taxes: 6443.5
  • Tax Year: 2017

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Nov 5, 2018
Sold by
Calogero Anthony L
Bought by
Cregger Bradley M and Cregger Amanda
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
Buyer's Agent
Chuck Shea
CAPE ISLANDS REALTY, LLC
List Price
$524,499
Sold Price
$497,500
Premium/Discount to List
-$26,999
-5.15%
Current Estimated Value
$1,278,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$780,796
Avg. Annual Appreciation
14.45%

Purchase Details

Listed on
Sep 7, 2018
Closed on
Sep 10, 2018
Sold by
Calogero Anthony Est
Bought by
Troiano David A and Savino Michael
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
Buyer's Agent
Chuck Shea
CAPE ISLANDS REALTY, LLC
List Price
$524,499
Sold Price
$497,500
Premium/Discount to List
-$26,999
-5.15%

Purchase Details

Closed on
May 21, 1990
Bought by
Calogero Anthony
Source: Public Records

Range of Values:

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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
Cregger Bradley M $497,500 --
Troiano David A -- --
Calogero Anthony $65,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2018 11/02/18 Sold $497,500 -5.1% $83 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $524,499 -- $87 / 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 $8,052 $518,800 $275,000 $243,800
2024 $8,052 $518,800 $275,000 $243,800
2023 $7,881 $518,800 $275,000 $243,800
2022 $7,564 $518,800 $275,000 $243,800
2021 $5,386 $518,800 $275,000 $243,800
2020 $7,009 $518,800 $275,000 $243,800
2019 $6,776 $518,800 $275,000 $243,800
2018 $6,584 $518,800 $275,000 $243,800
2017 $6,444 $518,800 $275,000 $243,800
2016 $6,319 $518,800 $275,000 $243,800
2015 $6,198 $549,500 $330,000 $219,500
2014 $6,050 $549,500 $330,000 $219,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 183859

Cape May County Association of REALTORS®

APN: 07-00235-0000-00003