NOT LISTED FOR SALE

Estimated Value: $1,174,000 - $1,538,000

4 Beds
3 Baths
2,400 Sq Ft
$549/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $540,000 $225 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $8,016/month

306 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Deck
  • Newly Remodeled
  • Island Location
  • Contemporary Architecture

About This Home

As of October 2015

Are you dreaming of the perfect beach house, the brand new home of your dreams, well here it is.....This four bedroom, 3.5 bathroom stunning home has all the beauty and style you could ask for. First floor features a open living space with kitchen, living, and dining area. This home includes two master suites on the second floor so you have a choice, they both have a private bath and huge walk in closets. You will feel like you walked into a magazine shoot with all the upgrades, stainless steel appliances, granite, hardwood, beautiful cabinetry, upgraded lighting, and much more. Wood finishes are classic and stylish. Storage will never be a issue with large closets for all your things.

Last Listed By

Lisa Ransom

ATLANTIS REALTY License #0446447 Listed on: 11/21/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 3,223

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room
  • Dining Area
  • Water Views
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Property near a bay
  • Deck
  • Porch

Location

  • Island Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 13 / 135

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,400

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island, Water View
  • District Township: 15-Wildwood Crest
  • Near: BEACH
  • Estimated Year Built: 2014
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Refrigerator, Dryer, Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceilings, Walk in Closet
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2400
  • Other Rooms: Living Room, Kitchen, Dining Area, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Vinyl
  • Frontage: 40
  • Outside Features: Deck, Porch, Cable TV

Garage/Parking

  • Parking Garage: Garage, 1 Car

Utilities

  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 13
  • Lot Size: 40x80
  • Zoning: res
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 15001350000000140000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2020
Sold by
Hager Christopher W and Hager Rachelo R
Bought by
Grossbauer Joseph and Grossbauger Lisa
Total Days on Market
306
Current Estimated Value
$1,318,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$327,400
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$910,321

Purchase Details

Listed on
Nov 21, 2014
Closed on
Oct 23, 2015
Sold by
Galene Ventrues Ll
Bought by
Ring Randall P and Nancy Atwell
Seller's Agent
Lisa Ransom
ATLANTIS REALTY
List Price
$599,900
Sold Price
$540,000
Premium/Discount to List
-$59,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Jun 25, 2015
Sold by
Galene Ventures Llc
Bought by
Hager Christopher W and Hager Rachel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2013
Sold by
Galene Ventures Llc
Bought by
Galene Ventures Llc

Purchase Details

Closed on
Nov 8, 2013
Sold by
Dolge Robert J
Bought by
Galene Ventures Llc
Source: Public Records

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Range of Values:

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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
Grossbauer Joseph $700,000 Misc Company
Ring Randall P $545,000 --
Hager Christopher W $557,500 Shore Title Agency Inc
Galene Ventures Llc -- None Available
Galene Ventures Llc $418,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossbauer Joseph $365,000
Previous Owner Hager Christopher W $317,000
Previous Owner Hager Christopher W $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $540,000 -10.0% $225 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $599,900 -- $250 / 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
2024 $7,400 $518,600 $280,000 $238,600
2023 $7,292 $518,600 $280,000 $238,600
2022 $7,084 $518,600 $280,000 $238,600
2021 $6,877 $518,600 $280,000 $238,600
2020 $6,685 $518,600 $280,000 $238,600
2019 $6,633 $518,600 $280,000 $238,600
2018 $6,524 $518,600 $280,000 $238,600
2017 $6,394 $518,600 $280,000 $238,600
2016 $6,192 $518,600 $280,000 $238,600
2015 $7,228 $376,000 $376,000 $0
2014 $4,324 $376,000 $376,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 161156

Cape May County Association of REALTORS®

APN: 15-00135-0000-00013