NOT LISTED FOR SALE

Estimated Value: $358,000 - $656,000

-- Bed
-- Bath
-- Sq Ft
2,396 Sq Ft Lot

Last Sold April 08, 2016

Last sale price $195,000

Est. 162% increase in value since last sale

Current estimated payment $3,230/month

67 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Interior Lot
  • Island Location
  • Fenced Yard
  • Living Room

About This Home

As of April 2016

This recently renovated duplex property is close to everything this great resort has to offer. The first floor unit has been completely re-done. I has 3 bedrooms and 1 bathroom. It has been professionally painted and equipped with new carpets, flooring, ceiling fans, counter tops, bathroom fixtures and dishwasher. The second floor unit consists of 3 bedrooms, 1 bathroom is very clean and recently carpeted. Both units have had new hot water heater installation, along with high efficiency heating systems. The property is totally encapsulated with fencing so as to enjoy the large deck and yard. There is a gate to the yard, which has allowed for storage of a boat in the past. It makes for a great investment property, or a family get away. Both units are currently rented year round on a month to month lease. Another positive regarding this property is that it sustained ZERO damage from Super Storm Sandy and the most recent storm of January 24-25, 2016.

Last Agent to Sell the Property

JAMES KERRIGAN

CAPE ISLANDS REALTY, LLC License #0124673 Listed on: 01/02/2016

CAPE ISLANDS REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,780

Lot Details

  • Fenced Yard
  • Interior Lot

Home Design

  • Duplex

Interior Spaces

  • Partially Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Storage Room
  • Crawl Space

Outdoor Features

  • Property near a bay
  • Deck
  • Outdoor Storage

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
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 14 / 252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,780

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Inside Lot, Island
  • District Township: 14-Wildwood City
  • Near: Bay, Recreation, Shopping
  • Also Includes: Drapes, Curtains, Blinds, Partial Furniture
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 4 Blocks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Storage Space

Exterior Features

  • Outside Features: Deck, Fenced Yard, Storage Building, Cable TV, Sidewalks

Utilities

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

Lot Info

  • Lot Number: 14
  • Lot Size: 60' X 40'
  • Zoning: R-1
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: 3780.38

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2016
Closed on
Apr 8, 2016
Sold by
Nolan Daniel F
Bought by
Rodak John and Rodak Carol
Seller's Agent
JAMES KERRIGAN
CAPE ISLANDS REALTY, LLC
List Price
$209,900
Sold Price
$195,000
Premium/Discount to List
-$14,900
-7.1%
Current Estimated Value
$510,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,855
Avg. Annual Appreciation
10.50%

Purchase Details

Closed on
Jan 24, 2002
Sold by
Weeks Daniel J
Bought by
Nolan Daniel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
7.15%

Purchase Details

Closed on
May 19, 1998
Sold by
Driscoll Paul G
Bought by
Grasso Bruce and Weeks Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.05%
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
Rodak John $195,000 None Available
Nolan Daniel F $129,900 --
Grasso Bruce $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nolan Daniel F $250,000
Previous Owner Nolan Daniel F $63,539
Previous Owner Nolan Daniel F $103,900
Previous Owner Grasso Bruce $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $195,000 -7.1% --
03/09/2016 03/09/16 Pending -- -- --
01/02/2016 01/02/16 For Sale $209,900 -- --
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 $5,192 $173,000 $78,100 $94,900
2024 $5,192 $173,000 $78,100 $94,900
2023 $5,067 $173,000 $78,100 $94,900
2022 $4,899 $173,000 $78,100 $94,900
2021 $3,547 $173,000 $78,100 $94,900
2020 $4,654 $173,000 $78,100 $94,900
2019 $4,488 $173,000 $78,100 $94,900
2018 $4,323 $173,000 $78,100 $94,900
2017 $4,142 $173,000 $78,100 $94,900
2016 $4,021 $173,000 $78,100 $94,900
2015 $3,957 $173,000 $78,100 $94,900
2014 $3,910 $173,000 $78,100 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 167708

Cape May County Association of REALTORS®

APN: 14-00252-0000-00014-02