NOT LISTED FOR SALE

Estimated Value: $960,000 - $1,087,818

0.12 Acre
$8,936,565 Price per Acre
5,009 Sq Ft Lot

Last Sold December 29, 2015

Last sale price $325,000 $181 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $6,039/month

132 Days on Market

About This Lot

As of December 2015

Buildable 50x100 eastside lot. Sale is subject to subdivision. Seller will pay for necessary documents upon acceptance of offer.. Nice residential area nestled in the heart of North Wildwood. Build your dream house. New homes being built in the area.

Last Agent to Sell the Property

Bill OConnell

CAPE ISLANDS REALTY, LLC Listed on: 07/20/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,722

Lot Details

Additional Features

  • Cleared Lot
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 5 / 246

Property Details

Property Type

Land

Est. Annual Taxes

$6,722

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Island
  • District Township: 07-N. Wildwood City
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 5
  • Lot Size: 50x100
  • Zoning: res
  • Lot Size Range: 1 to 6000 SqFt
  • Topography: Partially Cleared
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2016
Sold by
Basilico Mario
Bought by
Basilico Mario
Current Estimated Value
$1,000,702

Purchase Details

Closed on
Mar 10, 2009
Sold by
Gallacio Nicholas and Gallaccio Nicholas
Bought by
Basilico Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 27, 2006
Sold by
Gallacio Nicholas
Bought by
Gallacio Nicholas

Purchase Details

Closed on
Jun 20, 2002
Sold by
Geers John W
Bought by
Titus Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,275
Interest Rate
6.79%
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
Basilico Mario -- None Available
Basilico Mario $540,000 None Available
Gallacio Nicholas -- None Available
Titus Rosemarie $233,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basilico Mario $390,000
Closed Basilico Mario $100,000
Previous Owner Gallaccio Nicholas $300,000
Previous Owner Titus Rosemarie $178,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2015 12/29/15 Sold $325,000 -6.9% $181 / Sq Ft
11/29/2015 11/29/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $349,000 -- $194 / 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 $6,722 $433,100 $250,000 $183,100
2024 $6,722 $433,100 $250,000 $183,100
2023 $6,579 $433,100 $250,000 $183,100
2022 $6,315 $433,100 $250,000 $183,100
2021 $4,497 $433,100 $250,000 $183,100
2020 $5,851 $433,100 $250,000 $183,100
2019 $5,656 $433,100 $250,000 $183,100
2018 $5,496 $433,100 $250,000 $183,100
2017 $5,379 $433,100 $250,000 $183,100
2016 $0 $534,400 $375,000 $159,400
2015 $7,322 $649,100 $540,000 $109,100
2014 $7,147 $649,100 $540,000 $109,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165204

Cape May County Association of REALTORS®

APN: 07 00246-0000-00005- 01