NOT LISTED FOR SALE

Estimated Value: $874,000 - $961,000

5 Beds
2 Baths
1,622 Sq Ft
$568/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $420,000 $259 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,584/month

82 Days on Market

Highlights

  • Island Location
  • Screened Porch
  • Living Room
  • Furnished
  • Eat-In Kitchen
  • Storage Room

About This Home

As of February 2020

Key to shed is on table in sunporch on west side. Please make sure storm door is securely closed.

Last Agent to Sell the Property

Jessica Lees

LEES REAL ESTATE License #9803301 Listed on: 10/01/2019

Last Buyer's Agent

Colleen Rennie

DANIELS REALTY DIAMOND BEACH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,128

Lot Details

  • Lot Dimensions are 50 x 80
  • Cleared Lot

Parking

  • 3 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Screened Porch
  • Storage Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Outdoor Shower
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 27 / 135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,128

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Cleared Lot, Island
  • District Township: 15-Wildwood Crest
  • Also Includes: Shades, Blinds, Furniture
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 214
  • Lot Size2: 50 x 80
  • Selling Agent1: 1948
  • Selling Office1: 21
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Storage Space

Exterior Features

  • Outside Features: Enclosed/Cov. Patio, Screened Porch, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking: 3 Car

Utilities

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

Lot Info

  • Lot Number: 27
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-2

Tax Info

  • Taxes: 5127.51
  • Tax Year: 2019

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Feb 13, 2020
Sold by
Nason John M and Nason Denise S
Bought by
Swope Steven R and Dibenedetto David J
Seller's Agent
Jessica Lees
LEES REAL ESTATE
Buyer's Agent
Colleen Rennie
DANIELS REALTY DIAMOND BEACH
List Price
$439,900
Sold Price
$420,000
Premium/Discount to List
-$19,900
-4.52%
Current Estimated Value
$921,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,292
Avg. Annual Appreciation
14.59%
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2011
Sold by
Shore Crest Inc
Bought by
Nason John M and Nason Denise S

Purchase Details

Closed on
Jan 24, 2003
Sold by
Georganna Andrew Anthony
Bought by
Shore Crest Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.98%
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
Swope Steven R $420,000 None Available
Nason John M -- None Available
Shore Crest Inc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debenedetto Donald J $205,000
Closed Swope Steven R $120,000
Previous Owner Shore Crest Inc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $420,000 -4.5% $259 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $439,900 -- $271 / 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 $6,785 $475,500 $304,000 $171,500
2024 $6,785 $475,500 $304,000 $171,500
2023 $6,686 $475,500 $304,000 $171,500
2022 $6,495 $475,500 $304,000 $171,500
2021 $5,316 $400,900 $304,000 $96,900
2020 $5,168 $400,900 $304,000 $96,900
2019 $5,128 $400,900 $304,000 $96,900
2018 $5,043 $400,900 $304,000 $96,900
2017 $4,943 $400,900 $304,000 $96,900
2016 $4,787 $400,900 $304,000 $96,900
2015 $4,715 $400,900 $304,000 $96,900
2014 $4,610 $400,900 $304,000 $96,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 189893

Cape May County Association of REALTORS®

APN: 15-00135-0000-00027-02