NOT LISTED FOR SALE

Estimated Value: $539,000 - $748,000

8 Beds
4 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold May 18, 2018

Last sale price $295,000

Est. 115% increase in value since last sale

Current estimated payment $3,927/month

22 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • Porch
  • Furnished
  • Fenced Yard
  • Interior Lot

About This Home

As of May 2018

Call ahead for an appointment to view the 2 bedroom apartments. The 3 bedroom is awaiting seasonal tenants and can be viewed at your convenience. Your income will land between $36,000 and $40,000 for this producer and that's not including the cottage which you can rent to generate another $4-5K or keep it for your own use. Utility info: There are 3 electric meters The cottage and #2 share a meter. Per the lease with #2, the landlord pays the first $75.00 of electric use. Unit 1 pays their own electric. The landlord pays for Gas, cable/internet, water and sewer. See Associated Docs for Utility History, LBP Disclosure, DCA Cert. Seller had an oil tank removed during his ownership, there is a NJ State letter of NFA Attached. Also attached is a prepared addendum with recomended language for inventory. Leases available.

Last Agent to Sell the Property

Michelle Courtney

WILDWOODS REALTY License #8242861 Listed on: 02/01/2018

Last Buyer's Agent

Kristen Hamann

COASTAL ELITE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,750

Lot Details

  • Lot Dimensions are 60x90
  • Fenced Yard
  • Interior Lot

Home Design

  • Quadruplex

Interior Spaces

  • Furnished
  • Living Room
  • Dining Area
  • Storage Room
  • Laundry Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Stone Driveway
  • Assigned Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 5 / 245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,750

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Four-Plex
  • Location: Inside Lot
  • District Township: 14-Wildwood City
  • Near: Beach/Boardwalk/Restauran
  • Also Includes: Furniture, Partial Furniture, Other (See Remarks)
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Lot Size2: 60X90
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Breakfast Nook, Dining Area, Laundry/Utility Room, Storage Space, Other

Exterior Features

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

Garage/Parking

  • Parking: Assigned Parking, Stone Driveway

Utilities

  • Separate Meter: Electric
  • Cooling: Central Air, Electric
  • Heating: Gas Natural, Baseboard, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City
  • Cable Available: Income Expense Info, Lease Information, State Housing Certificate, Utility Information

Lot Info

  • Lot Number: 5
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 240200
  • Zoning: R-3

Tax Info

  • Taxes: 5750.39

Multi Family

  • Number Of Units: 4
  • Total Rent: 36000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Le Dan N
Bought by
214 E Juniper Ave Llc
Current Estimated Value
$635,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,250
Outstanding Balance
$291,856
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$343,756

Purchase Details

Listed on
Feb 1, 2018
Closed on
May 18, 2018
Sold by
Hirst Kevin and Hirst Mary A
Bought by
Nguyet Dan T
Seller's Agent
Michelle Courtney
WILDWOODS REALTY
Buyer's Agent
Kristen Hamann
COASTAL ELITE REALTY
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$236,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2013
Sold by
Hirst Kevin and Hirst Mary Ann
Bought by
Hirst Kevin and Hirst Mary Ann

Purchase Details

Closed on
Jun 26, 1998
Sold by
Betz Albert J
Bought by
Hirst Kevin and Hirst Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.98%

Purchase Details

Closed on
Jun 4, 1993
Sold by
Betz Albert J and Betz Jane
Bought by
Betz Albert J

Purchase Details

Closed on
Jul 29, 1992
Sold by
Betz Albert J and Betz Hamilton,Jane
Bought by
Betz Albert J and Betz Hamilton,Jane
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
214 E Juniper Ave Llc $337,500 Boston National Title
Nguyet Dan T $295,000 --
Hirst Kevin $90,000 None Available
Hirst Kevin $50,000 --
Betz Albert J -- --
Betz Albert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 214 E Juniper Ave Llc $323,250
Previous Owner Nguyet Dan T $236,000
Previous Owner Hirst Kevin $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $295,000 -1.6% --
04/18/2018 04/18/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $299,900 -- --
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 $7,208 $240,200 $132,500 $107,700
2024 $7,208 $240,200 $132,500 $107,700
2023 $7,035 $240,200 $132,500 $107,700
2022 $6,802 $240,200 $132,500 $107,700
2021 $4,774 $240,200 $132,500 $107,700
2020 $6,461 $240,200 $132,500 $107,700
2019 $6,231 $240,200 $132,500 $107,700
2018 $6,003 $240,200 $132,500 $107,700
2017 $5,750 $240,200 $132,500 $107,700
2016 $5,582 $240,200 $132,500 $107,700
2015 $5,493 $240,200 $132,500 $107,700
2014 $5,429 $240,200 $132,500 $107,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180317

Cape May County Association of REALTORS®

APN: 14-00245-0000-00005