NOT LISTED FOR SALE

221 Stites Ave Unit 2 Cape May Point, NJ 08212

Estimated Value: $514,709 - $809,000

1 Bed
1 Bath
-- Sq Ft
0.29 Acres

Last Sold December 01, 2017

Last sale price $294,000

Est. 133% increase in value since last sale

Current estimated payment $3,829/month

549 Days on Market

Highlights

  • Property is near a beach
  • Wood Flooring
  • Furnished
  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Ground Level Unit

About This Home

As of December 2017

Income from any leases convey to the Buyer at time of closing like a credit to the sale price. Shown only on Sundays from 10am to 2pm when the unit is rented. Condominium fee covers all exterior maintenance, gardening, lighting, and all insurance including flood insurance. Owner is only responsible inside their unit for repairs maintenance and improvements. Owners are responsible for insurance policy to protect any items within their unit. Visit the property website- www.parsonsfolly2.com for more details

Last Agent to Sell the Property

Craig Needles

HOMESTEAD REAL ESTATE CO. INC. Listed on: 04/08/2016

Last Buyer's Agent

Andrea Moffatt

Tim Kerr Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,575

Year Built

  • Built in 1900

Lot Details

  • 0.29

Interior Spaces

  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 4 / 4

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,575

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Corner
  • District Township: 03-Cape May Point
  • Near: Beaches
  • Also Includes: Shades, Blinds, Furniture
  • Estimated Year Built: 1900
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • OFFICELIST_ADDRESS2: unit 2
  • Second Address Number: 221
  • Selling Agent1: 1267
  • Selling Office1: 19
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1900

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1
  • Other Rooms: Living Room, Eat In Kitchen

Utilities

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

Condo/Co-op/Association

  • Unit: 2
  • Common Area Features: Enclosed/Cov. Porch, Outside Shower
  • Condo Fees: 870/QTR
  • Unit Features: Hardwood Floors
  • Unit Location: First Floor

Lot Info

  • Lot Number: 4

Tax Info

  • Taxes: 1574.68
  • Tax Year: current

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Dec 1, 2017
Sold by
Tuttle Richard D and Harper Holly M
Bought by
Raics Robert and Raics Susan
Seller's Agent
Craig Needles
HOMESTEAD REAL ESTATE CO. INC.
Buyer's Agent
Andrea Moffatt
Tim Kerr Sotheby's International Realty
List Price
$329,000
Sold Price
$294,000
Premium/Discount to List
-$35,000
-10.64%
Current Estimated Value
$685,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,677
Avg. Annual Appreciation
11.41%
Original Mortgage
$264,600
Outstanding Balance
$222,770
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$462,907

Purchase Details

Closed on
Nov 8, 2002
Sold by
Harper Marlies
Bought by
Tuttle Richard D and Harper Holly M

Purchase Details

Closed on
Feb 25, 1991
Sold by
Parsons Elisabeth
Bought by
Harper Marlies
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
Raics Robert $294,000 The Title Company Of Jersey
Tuttle Richard D $181,000 --
Harper Marlies $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raics Robert $264,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $294,000 -10.6% --
11/01/2017 11/01/17 Pending -- -- --
04/08/2016 04/08/16 For Sale $329,000 -- --
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 $2,325 $314,200 $260,000 $54,200
2024 $2,325 $314,200 $260,000 $54,200
2023 $2,291 $314,200 $260,000 $54,200
2022 $2,215 $314,200 $260,000 $54,200
2021 $2,033 $314,200 $260,000 $54,200
2020 $1,954 $314,200 $260,000 $54,200
2019 $1,929 $314,200 $260,000 $54,200
2018 $1,846 $311,800 $260,000 $51,800
2017 $1,827 $311,800 $260,000 $51,800
2016 $1,790 $311,800 $260,000 $51,800
2015 $1,575 $316,200 $260,000 $56,200
2014 $1,575 $316,200 $260,000 $56,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Craig Needles

    HOMESTEAD REAL ESTATE CO. INC.

    Section Image

  • A

    Buyer's Agent in 2017

    Andrea Moffatt

    Tim Kerr Sotheby's International Realty

    (609) 884-3332

    14 in this area

    15 Total Sales

    Andrea Moffatt
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 169558

Cape May County Association of REALTORS®

APN: 03-00004-0000-00004-02-C0002

New Jersey Cape May County Cape May Point 08204

221 Stites Ave Unit 2, Cape May Point, NJ

This home is located at 221 Stites Ave Unit 2, Cape May Point, NJ 08212 since 08 April 2016 and is currently estimated at $685,677. This property was built in 1900. 221 Stites Ave Unit 2 is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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