NOT LISTED FOR SALE

Estimated Value: $1,416,000 - $2,189,000

8 Beds
3 Baths
-- Sq Ft
50,094 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $560,000

Est. 210% increase in value since last sale

Current estimated payment $9,452/month

6 Days on Market

Highlights

  • Island Location
  • Interior Lot
  • Laundry Room
  • Eat-In Kitchen
  • Living Room
  • Storage Room

About This Home

As of October 2021

Tenant occupied, 24 hour notice is necessary. Call office to schedule

Last Agent to Sell the Property

Bobbie Gallo

LEES REAL ESTATE License #8644946 Listed on: 05/13/2021

Last Buyer's Agent

John Feketics

ATLANTIS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,055

Lot Details

  • Lot Dimensions are 50x100
  • Interior Lot

Home Design

  • Triplex
  • Slab Foundation

Interior Spaces

  • Partially Furnished
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Outdoor Storage
  • Island Location

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 17 / 238

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,055

Lot Details

1.15 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Location: Inside Lot, Island
  • District Township: 07-North Wildwood City
  • Near: Margaret Mace School
  • Also Includes: Partial Furniture
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Lot Size2: 50x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Basement: Crawl Space, Slab
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat In Kitchen, Pantry, Laundry/Utility Room, Storage Space

Exterior Features

  • Outside Features: Storage Building

Garage/Parking

  • Parking: 2 Car, Concrete Driveway

Utilities

  • Heating: Gas Natural, Space/Wall/Floor
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 17
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R1

Tax Info

  • Taxes: 6055.18
  • Tax Year: 2020

Multi Family

  • Number Of Units: 3
  • Total Rent: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Oct 14, 2021
Sold by
Rudnick Sandra
Bought by
Argus Property Group Lp
Seller's Agent
Bobbie Gallo
LEES REAL ESTATE
Buyer's Agent
John Feketics
ATLANTIS REALTY
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%
Current Estimated Value
$1,735,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,175,543
Avg. Annual Appreciation
29.02%
Original Mortgage
$280,000
Outstanding Balance
$253,107
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,482,436

Purchase Details

Closed on
Mar 15, 1988
Bought by
Rudnick William and Rudnick Sandra
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Argus Property Group Lp $560,000 Shore Title
Rudnick William $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Argus Property Group Lp $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $560,000 -6.7% --
05/19/2021 05/19/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $599,900 -- --
Source: Cape May County Association of REALTORS®

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 $3,880 $817,100 $250,000 $567,100
2024 $3,798 $250,000 $250,000 $0
2023 $3,798 $250,000 $250,000 $0
2022 $6,535 $448,200 $250,000 $198,200
2021 $6,279 $448,200 $250,000 $198,200
2020 $6,055 $448,200 $250,000 $198,200
2019 $5,853 $448,200 $250,000 $198,200
2018 $5,688 $448,200 $250,000 $198,200
2017 $5,567 $448,200 $250,000 $198,200
2016 $5,459 $448,200 $250,000 $198,200
2015 $5,488 $486,500 $300,000 $186,500
2014 $5,356 $486,500 $300,000 $186,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211734

Cape May County Association of REALTORS®

APN: 07-00238-0000-00017

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