NOT LISTED FOR SALE

Estimated Value: $993,000 - $1,257,000

5 Beds
3 Baths
2,309 Sq Ft
$477/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $790,000 $342 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,285/month

19 Days on Market

Highlights

  • Property near a bay
  • Corner Lot
  • Porch
  • Island Location
  • Den
  • Eat-In Kitchen

About This Home

As of March 2022

Sellers Disclosure in file showings 9-4 during the week & all day Saturday & Sunday

Last Agent to Sell the Property

Tracy Neri

KELLER WILLIAMS REALTY JERSEY SHORE wc License #13299285 Listed on: 01/07/2022

KELLER WILLIAMS REALTY JERSEY SHORE wc

Last Buyer's Agent

Bonnie Jo Feraco

LONG & FOSTER REAL ESTATE, INC nww

LONG & FOSTER REAL ESTATE, INC nww

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,574

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 60 x 100
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 2,309 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Den
  • Storage Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Patio
  • Porch

Location

  • Island Location

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 2 / 104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,574

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Corner, Island
  • District Township: 15-Wildwood Crest
  • Near: Beach & Bay
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1960
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Lot Size2: 60 x 100
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Total Bathrooms: 3
  • Basement: Crawl Space
  • Total Sq Ft: 2309
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat In Kitchen, Dining Area, Pantry, Storage Space

Exterior Features

  • Outside Features: Patio, Porch, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking: 1 Car, Concrete Driveway

Utilities

  • Separate Meter: Electric, Gas
  • Cooling: Central Air, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Baseboard
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 2
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R2

Tax Info

  • Taxes: 5573.64
  • Tax Year: 2020

Multi Family

  • Number Of Units: 2
  • Total Rent: 8000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Mar 24, 2022
Sold by
Calabro Paige A
Bought by
Feraco Justin and Feraco William
Seller's Agent
Tracy Neri
KELLER WILLIAMS REALTY JERSEY SHORE wc
Buyer's Agent
Bonnie Jo Feraco
LONG & FOSTER REAL ESTATE, INC nww
List Price
$799,900
Sold Price
$790,000
Premium/Discount to List
-$9,900
-1.24%
Current Estimated Value
$1,100,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,327
Avg. Annual Appreciation
9.64%
Original Mortgage
$612,000
Outstanding Balance
$570,303
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$530,024

Purchase Details

Closed on
Aug 5, 2015
Sold by
Warner Paige A and Calabro Paige A
Bought by
Calabro Paige A
Source: Public Records

Range of Values:

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Average Value
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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
Feraco Justin $790,000 Surety Title
Calabro Paige A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feraco Justin $612,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2022 03/24/22 Sold $790,000 -1.2% $342 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $799,900 -- $346 / 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 $6,170 $432,400 $345,600 $86,800
2024 $6,170 $432,400 $345,600 $86,800
2023 $6,080 $432,400 $345,600 $86,800
2022 $5,907 $432,400 $345,600 $86,800
2021 $5,734 $432,400 $345,600 $86,800
2020 $5,574 $432,400 $345,600 $86,800
2019 $5,530 $432,400 $345,600 $86,800
2018 $5,440 $432,400 $345,600 $86,800
2017 $5,331 $432,400 $345,600 $86,800
2016 $5,163 $432,400 $345,600 $86,800
2015 $5,085 $432,400 $345,600 $86,800
2014 $4,973 $432,400 $345,600 $86,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 220022

Cape May County Association of REALTORS®

APN: 15-00104-0000-00002