NOT LISTED FOR SALE

Estimated Value: $640,595 - $1,295,000

0.09 Acre
$9,594,011 Price per Acre
4,008 Sq Ft Lot

Last Sold April 22, 2016

Last sale price $125,000

Est. 606% increase in value since last sale

Current estimated payment $5,029/month

271 Days on Market

Highlights

  • Property near a bay
  • Corner Lot
  • 3-minute walk to Albert J. Allen Memorial Park
  • Island Location

About This Lot

As of April 2016

This corner property is well priced and is ready for your dream home at the shore! The parcel is suitable for construction of a single family home, and this property is being offered at land value only. The Buyer will be required to demolish the structure at Buyer's sole cost, structure will be conveyed strictly in " AS IS/WHERE IS " condition. Buyer is responsible for all necessary approvals and permits to build. Any offers from a buyer that wishes to retain the structure must be STRICTLY "AS IS" as the Seller will not make any repairs to this property. All questions relating to the permitted uses for this property and zoning questions for new construction should be made by Buyer or Buyer's Agent to North Wildwood Zoning Official directly.

Last Agent to Sell the Property

Jessica Lees

LEES REAL ESTATE License #9803301 Listed on: 06/26/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,075

Lot Details

  • Corner Lot
  • Property is zoned R2

Additional Features

  • Property near a bay
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 12 / 138

Property Details

Property Type

Land

Est. Annual Taxes

$5,075

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Corner, Island
  • District Township: 07-N. Wildwood City
  • Bay Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 40

Lot Info

  • Lot Number: 12
  • Lot Size: 40 x 100
  • Zoning: R2
  • Lot Size Range: 1 to 6000 SqFt
  • Improvements: Paved Road, Sidewalk, Electric, Water, Sewer

Tax Info

  • Tax Database Id: 1
  • Taxes: 5074.87
  • Assessor Parcel Number: 07001380000000120000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2015
Closed on
Apr 22, 2016
Sold by
Tarnowski Eileen and Estate Of Francis X Mackin
Bought by
Mckenna James B and Mc Kenna Cynthia L
Seller's Agent
Jessica Lees
LEES REAL ESTATE
List Price
$160,000
Sold Price
$125,000
Premium/Discount to List
-$35,000
-21.88%
Current Estimated Value
$882,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,649
Avg. Annual Appreciation
22.79%

Purchase Details

Closed on
Apr 2, 1985
Bought by
Mackin Francis X and Mackin Eileen 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
Mckenna James B $125,000 None Available
Mackin Francis X $65,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $125,000 -21.9% --
03/23/2016 03/23/16 Pending -- -- --
06/26/2015 06/26/15 For Sale $160,000 -- --
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 $4,912 $316,500 $150,000 $166,500
2024 $4,912 $316,500 $150,000 $166,500
2023 $4,808 $316,500 $150,000 $166,500
2022 $4,615 $316,500 $150,000 $166,500
2021 $4,133 $316,500 $150,000 $166,500
2020 $4,276 $316,500 $150,000 $166,500
2019 $4,133 $316,500 $150,000 $166,500
2018 $4,016 $316,500 $150,000 $166,500
2017 $1,863 $150,000 $150,000 $0
2016 $3,786 $310,800 $150,000 $160,800
2015 $5,075 $449,900 $170,000 $279,900
2014 $4,953 $449,900 $170,000 $279,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 164847

Cape May County Association of REALTORS®

APN: 07-00138-0000-00012