NOT LISTED FOR SALE

Estimated Value: $703,000 - $1,011,000

-- Bed
-- Bath
-- Sq Ft
5,009 Sq Ft Lot

Last Sold April 29, 2016

Last sale price $287,500

Est. 200% increase in value since last sale

Current estimated payment $5,055/month

167 Days on Market

Highlights

  • Island Location
  • Furnished
  • Eat-In Kitchen
  • Deck
  • Fenced Yard
  • Patio

About This Home

As of April 2016

Tons of potential in this must see, 2 unit duplex! Each unit features gorgeous flooring, a living room, dining area, kitchen, 2 bedrooms, and a full bath. Located just 2 blocks from the beach and 3 blocks from the bay, this duplex hosts endless possibilities and a great seasonal rental history. Enjoy the large, partially fenced back yard, off-street parking, a deck and patio areas. Each unit has a private entrance and comes fully furnished. Upstairs also has a washer/dryer hook-up. Just a quick walk to the boardwalk, beach and bay!

Last Agent to Sell the Property

Christopher Ferzoco

KELLER WILLIAMS REALTY JERSEY SHORE - SIC License #0448907 Listed on: 10/15/2015

KELLER WILLIAMS REALTY JERSEY SHORE  - SIC

Co-Listed By

Joseph Ferzoco

KELLER WILLIAMS REALTY JERSEY SHORE wc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,220

Lot Details

  • 5,009

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Living Room
  • Eat-In Kitchen

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Fenced Yard
  • Island Location

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 10 / 231

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,220

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Island
  • District Township: 07-N. Wildwood City
  • Near: Boardwalk
  • Also Includes: Furniture
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Other Rooms: Living Room, Eat In Kitchen

Exterior Features

  • Outside Features: Patio, Deck, Fenced Yard, Sidewalks, Outside Shower

Garage/Parking

  • Parking: Parking Pad, 2 Car, Concrete Driveway

Utilities

  • Cooling: Ceiling Fan, Wall Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 10
  • Lot Size: 90x50
  • Total Assessment: 374200
  • Zoning: R-1
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 4220
  • Assessor Parcel Number: 07002310000000100000

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2023
Sold by
Barksdale Joseph W and Lin L
Bought by
Barksdale Joseph N and Barksdale Kathleen K
Current Estimated Value
$863,304

Purchase Details

Listed on
Oct 15, 2015
Closed on
Apr 29, 2016
Sold by
Ruble Karen M
Bought by
Barksdale Joseph W
Seller's Agent
Christopher Ferzoco
KELLER WILLIAMS REALTY JERSEY SHORE - SIC
List Price
$335,000
Sold Price
$287,500
Premium/Discount to List
-$47,500
-14.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Dec 1, 2000
Sold by
Garber Agnes
Bought by
Ruble David B and Ruble Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.64%

Purchase Details

Closed on
Jan 1, 1959
Sold by
Rau Alice
Bought by
Robert Coste Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,600
Interest Rate
6.92%
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
Barksdale Joseph N -- --
Barksdale Joseph N -- None Listed On Document
Barksdale Joseph W -- --
Barksdale Joseph W -- None Listed On Document
Barksdale Joseph W $287,500 Infinity Title Agency
Ruble David B $105,000 --
Robert Coste Inc $9,029,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruble David B $84,000
Previous Owner Robert Coste Inc $412,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $287,500 -14.2% --
03/30/2016 03/30/16 Pending -- -- --
10/15/2015 10/15/15 For Sale $335,000 -- --
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 $5,525 $246,000 $246,000 --
2024 $5,525 $356,000 $246,000 $110,000
2023 $5,408 $356,000 $246,000 $110,000
2022 $5,190 $356,000 $246,000 $110,000
2021 $3,696 $356,000 $246,000 $110,000
2020 $4,810 $356,000 $246,000 $110,000
2019 $4,649 $356,000 $246,000 $110,000
2018 $4,518 $356,000 $246,000 $110,000
2017 $4,422 $356,000 $246,000 $110,000
2016 $4,336 $356,000 $246,000 $110,000
2015 $4,221 $374,200 $270,000 $104,200
2014 $4,120 $374,200 $270,000 $104,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 166691

Cape May County Association of REALTORS®

APN: 07-00231-0000-00010