NOT LISTED FOR SALE

Estimated Value: $310,000 - $390,000

1 Bed
1 Bath
464 Sq Ft
6,621 Sq Ft Lot

Last Sold May 21, 2019

Last sale price $150,000 $323 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,994/month

104 Days on Market

Highlights

  • Island Location
  • Ground Level Unit
  • Laundry Room
  • Furnished
  • Living Room
  • Storage Room

About This Home

As of May 2019

The $150 per quarter condo fee covers exterior maintenance, lawn care, water and sewer. The flood and master hazard/liability policies are billed separately to each unit owner. Unit 5's annual flood insurance expense is $626.50 and the annual master hazard/liability expense is $301.39.

Last Agent to Sell the Property

Chip Watson

eXp REALTY - WC Listed on: 01/06/2019

eXp REALTY - WC

Co-Listed By

Helen-Ann Lloyd

eXp REALTY - WC

Last Buyer's Agent

Francis DeMarco

KW EMPOWER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,840

Year Built

  • Built in 1985

Lot Details

  • 6,621

Interior Spaces

  • 464 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Storage Room
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level Unit
  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / 227

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,840

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island
  • District Township: 07-North Wildwood City
  • Also Includes: Curtains, Furniture
  • Estimated Year Built: 1985
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Unit 5
  • Second Address Number: 213-215
  • Listing Office2: 768
  • Price per Sq Ft: 323.28
  • Selling Agent1: 5308
  • Selling Office1: 786
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1985

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1
  • Estimated Living Sq Ft: 464
  • Other Rooms: Living Room, Kitchen, Laundry/Utility Room, Storage Space, Other

Utilities

  • Cooling: Ceiling Fan, Wall Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 5
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Other (See Remarks)
  • Condo Fees: 150Q
  • Unit Features: Tile Floors
  • Unit Location: First Floor

Lot Info

  • Lot Number: 15

Tax Info

  • Taxes: 1840
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2011
Sold by
Kochanowicz Gregory J and Kochanowicz Rose Mary G
Bought by
Heilman David L and Heilman Janet C
Current Estimated Value
$340,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Outstanding Balance
$38,921
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$301,838
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
Heilman David L $122,000 Mutual Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heilman David L $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2019 05/21/19 Sold $150,000 -9.0% $323 / Sq Ft
01/06/2019 01/06/19 For Sale $164,900 -- $355 / 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 $2,252 $145,100 $87,500 $57,600
2024 $2,252 $145,100 $87,500 $57,600
2023 $2,204 $145,100 $87,500 $57,600
2022 $2,116 $145,100 $87,500 $57,600
2021 $1,507 $145,100 $87,500 $57,600
2020 $1,960 $145,100 $87,500 $57,600
2019 $1,895 $145,100 $87,500 $57,600
2018 $1,841 $145,100 $87,500 $57,600
2017 $1,802 $145,100 $87,500 $57,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 185656

Cape May County Association of REALTORS®

APN: 07-00227-0000-00015-0000-C0005