NOT LISTED FOR SALE

Estimated Value: $1,024,280 - $1,280,000

5 Beds
2 Baths
3,544 Sq Ft
$320/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $480,000 $135 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $6,803/month

145 Days on Market

Highlights

  • In Ground Pool
  • Island Location
  • Wood Flooring
  • Building is beachfront but unit may not have water views
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of October 2016

Everyone is searching for the perfect home at the shore. Well these sellers found it. They spent the last few years making it the perfect get away. From refinishing all of the hard wood floors and wood trim, to new sheet rock, Electric, plumbing, vinyl siding, stucco, fiber glass decks, concrete driveway, refinished the in ground swimming pool. This property features 2 huge fiberglass decks. 1 that faces all of the piers and you get a perfect view of the fireworks every Friday night. Another covered deck which is off of the swimming pool. You can use this home as a single family with 5 bedrooms and 2 full bathrooms. Or close the down stairs doors and now you have an in-laws quarters with its own private kitchen and entrance. Very easy to show.

Last Agent to Sell the Property

Kurt Feinstein

RE/MAX At The Shore Listed on: 04/22/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,145

Lot Details

  • Building is beachfront but unit may not have water views
  • Fenced Yard

Parking

  • Driveway

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Den
  • Storage
  • Wood Flooring
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 11 / 229

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,145

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Island
  • District Township: 07-N. Wildwood City
  • Near: the ocean
  • Also Includes: Drapes, Curtains, Shades, Blinds, Partial Furniture, Window Treatments
  • Beach Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Storage
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 13
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Dining Area, Pantry, Storage Attic, 1st Floor Master Bedroom, In-Law Quarters

Exterior Features

  • Construction: Two Story
  • Exterior: Stucco, Vinyl
  • House Color: Brown
  • Outside Features: Patio, Deck, Porch, Grill, Fenced Yard, Sidewalks, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 11
  • Lot Size: 60x100
  • Zoning: res
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 5145.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
Oct 14, 2016
Sold by
Gil Juan Carlos and Gil Bridget
Bought by
Cullen Sean E and Cullen Sharon L
Seller's Agent
Kurt Feinstein
RE/MAX At The Shore
List Price
$489,900
Sold Price
$480,000
Premium/Discount to List
-$9,900
-2.02%
Current Estimated Value
$1,132,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,570
Avg. Annual Appreciation
10.19%
Original Mortgage
$380,000
Outstanding Balance
$306,463
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$826,107

Purchase Details

Closed on
Jun 19, 2009
Sold by
Aurora Loan Services Llc
Bought by
Gil Juan Carlos and Gil Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2008
Sold by
Abate Richard
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Sep 29, 2004
Sold by
Abate Daniel H
Bought by
Abate Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2003
Sold by
Abate Daniel H and Abate Daniel H
Bought by
Abate Daniel H and Abate Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Cullen Sean E $480,000 None Available
Gil Juan Carlos $240,000 None Available
Aurora Loan Services Llc -- None Available
Abate Daniel H -- Freedom Title & Abstract Inc
Abate Daniel H -- New Vision Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cullen Sean E $380,000
Previous Owner Gil Juan Carlos $352,500
Previous Owner Gil Juan Carlos $350,000
Previous Owner Gil Juan Carlos $84,700
Previous Owner Gil Juan Carlos $192,000
Previous Owner Abate Daniel H $545,000
Previous Owner Abate Daniel H $235,000
Previous Owner Abate Daniel H $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $480,000 -2.0% $135 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $489,900 -- $138 / 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 $7,582 $488,500 $216,000 $272,500
2024 $7,582 $488,500 $216,000 $272,500
2023 $7,420 $488,500 $216,000 $272,500
2022 $7,122 $488,500 $216,000 $272,500
2021 $6,844 $488,500 $216,000 $272,500
2020 $6,600 $488,500 $216,000 $272,500
2019 $6,380 $488,500 $216,000 $272,500
2018 $6,199 $488,500 $216,000 $272,500
2017 $6,738 $542,500 $270,000 $272,500
2016 $6,608 $542,500 $270,000 $272,500
2015 $5,384 $477,300 $345,000 $132,300
2014 $5,255 $477,300 $345,000 $132,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 169840

Cape May County Association of REALTORS®

APN: 07-00229-0000-00011