NOT LISTED FOR SALE

Estimated Value: $546,242 - $653,000

-- Bed
-- Bath
-- Sq Ft
2,570 Sq Ft Lot

Last Sold February 15, 2015

Last sale price $280,000

Est. 116% increase in value since last sale

Current estimated payment $3,926/month

233 Days on Market

Highlights

  • Island Location
  • Forced Air Heating System
  • Ceiling Fan
  • Screened Porch

About This Home

As of February 2015

GUTTED TO THE STUDS AND BUILT NEW!!! This triplex has been totally rebuilt in 2013-2014. NEW Framing, Energy Efficient Windows, Lifetime Warranty GAF roof, Certainteed siding, high efficiency Samsung heat and air and high efficiency hot water heaters. New washer/dryer combos, stainless steel appliances and floors in each unit. Plumbing and electric have been completely replaced. New quartz counter tops in each unit. New sidewalk and stairs. Whether for an investment or a large family this is what you have been looking for. Low maintenance property.

Last Agent to Sell the Property

Michael Bailey

COASTAL ELITE REALTY Listed on: 05/28/2014

COASTAL ELITE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,408

Lot Details

  • 2,570

Home Design

  • Triplex

Interior Spaces

  • Ceiling Fan
  • Screened Porch
  • Crawl Space

Location

  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 14 / 252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,408

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Location: Island
  • District Township: 14-Wildwood City
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Outside Features: Screened Porch

Utilities

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

Lot Info

  • Lot Number: 14
  • Lot Size: .05 AC
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 3407.86
  • Assessor Parcel Number: 14002520000000140001

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2019
Sold by
Esposito Kimberly
Bought by
Morey Joan
Current Estimated Value
$603,829

Purchase Details

Listed on
May 28, 2014
Closed on
Feb 14, 2015
Sold by
Biffoni Maria
Bought by
Morey Joan
Seller's Agent
Michael Bailey
COASTAL ELITE REALTY
List Price
$350,000
Sold Price
$280,000
Premium/Discount to List
-$70,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$280,000
Interest Rate
7.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 22, 2013
Sold by
Moskvitch Anna
Bought by
Biffoni Maria

Purchase Details

Closed on
May 1, 2007
Sold by
Rutherford Margaret S
Bought by
Moskvitch Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 20, 2002
Sold by
Trombetta Jason F
Bought by
Rutherford Margaret S

Purchase Details

Closed on
Sep 11, 1996
Sold by
Coyne Thomas J
Bought by
Trombetta Jason F

Purchase Details

Closed on
Jun 26, 1989
Sold by
Gryning Edward and Joy Ann
Bought by
Coyne Thomas and Coyne Katherine
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
Morey Joan $280,000 Title Company Of Jersey
Morey Joan $280,000 The Title Company Of Jersey
Biffoni Maria $82,000 Shore Title Agency Inc
Moskvitch Anna $300,000 The Title Company Of Jersey
Rutherford Margaret S $110,000 --
Trombetta Jason F $53,000 --
Coyne Thomas $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morey Joan $217,500
Previous Owner Morey Joan $280,000
Previous Owner Moskvitch Anna $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2015 02/15/15 Sold $280,000 -20.0% --
01/16/2015 01/16/15 Pending -- -- --
05/28/2014 05/28/14 For Sale $350,000 -- --
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 $7,626 $254,100 $81,300 $172,800
2024 $7,626 $254,100 $81,300 $172,800
2023 $7,443 $254,100 $81,300 $172,800
2022 $7,196 $254,100 $81,300 $172,800
2021 $5,209 $254,100 $81,300 $172,800
2020 $6,835 $254,100 $81,300 $172,800
2019 $6,591 $254,100 $81,300 $172,800
2018 $6,350 $254,100 $81,300 $172,800
2017 $6,083 $254,100 $81,300 $172,800
2016 $5,905 $254,100 $81,300 $172,800
2015 $5,811 $254,100 $81,300 $172,800
2014 $3,501 $154,900 $81,300 $73,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 158143

Cape May County Association of REALTORS®

APN: 14 00252-0000-00014- 01