NOT LISTED FOR SALE

227 88th St Sea Isle City, NJ 08243

Estimated Value: $1,808,000 - $2,254,000

3 Beds
2 Baths
855 Sq Ft
$2,355/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $835,000 $977 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $11,662/month

219 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Furnished
  • 2 Car Attached Garage
  • Ocean City Primary School Rated A
  • Enclosed Patio or Porch
  • 5-minute walk to Townsends Inlet Waterfront Park

About This Home

As of May 2016

Unique Opportunity to own a beautiful, single family bayfront home in the Townsend Inlet section of Sea Isle. This McLaughlin built home is just 10 years young, and has been meticulously maintained. Enjoy watching the boats go by from multiple covered decks. There is plenty of off street parking in the driveway along with a two car garage. Three nice size bedrooms, 2 1/2 baths, plenty of closet space and a pull-down attic for additional storage. Have a boat or jet ski? No problem, slips available to rent at Pier 88 Marina just steps from your door. There is nothing to do here other than to start enjoying bayfront living at it's finest. Located just a few short blocks to the beach, and those sunsets........ priceless!

Last Agent to Sell the Property

KEVIN GILLESPIE

RE/MAX PREFERRED SEA ISLE Listed on: 09/14/2015

RE/MAX PREFERRED SEA ISLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,344

Year Built

  • Built in 2005

Lot Details

  • Property Fronts a Bay or Harbor

Interior Spaces

  • Furnished
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Storage In Attic

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 2 / 88

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,344

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 09-Sea Isle City
  • Also Includes: Furniture
  • Estimated Year Built: 2005
  • Beach Proximity: 3 Blocks
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Natural Gas
  • Interior Amenities: Fireplace- Gas
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 5
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, Dining Area, Storage Attic, Laundry Closet

Exterior Features

  • Outside Features: Enclosed/Covered Patio, Porch, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 2
  • Lot Size: 59x55
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 5344.59
  • Assessor Parcel Number: 09000880003000020000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2024
Sold by
Lippmann Rebecca A
Bought by
Rebecca A Lippmann Revocable Deed Of Trust and Lippmann
Current Estimated Value
$2,013,836

Purchase Details

Closed on
May 21, 1999
Sold by
Norton James
Bought by
Mcginley Michael and Mcginley Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1992
Sold by
Norton Joyce
Bought by
Norton James E and Norton Elizabeth A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rebecca A Lippmann Revocable Deed Of Trust -- None Listed On Document
Rebecca A Lippmann Revocable Deed Of Trust -- None Listed On Document
Lippmann Rebecca A -- None Listed On Document
Mcginley Michael $180,000 --
Norton James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcginley Michael P $545,000
Previous Owner Mcginley Michael $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $835,000 -16.4% $977 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
09/14/2015 09/14/15 For Sale $999,000 -- $1,168 / 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 $8,265 $924,500 $710,900 $213,600
2024 $8,265 $924,500 $710,900 $213,600
2023 $7,877 $924,500 $710,900 $213,600
2022 $7,405 $924,500 $710,900 $213,600
2021 $6,638 $924,500 $710,900 $213,600
2020 $6,786 $924,500 $710,900 $213,600
2019 $6,638 $924,500 $710,900 $213,600
2018 $6,564 $924,500 $710,900 $213,600
2017 $6,425 $924,500 $710,900 $213,600
2016 $6,213 $924,500 $710,900 $213,600
2015 $5,345 $907,400 $650,800 $256,600
2014 $5,299 $907,400 $650,800 $256,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    KEVIN GILLESPIE

    RE/MAX PREFERRED SEA ISLE

    (609) 263-3600

    80 in this area

    95 Total Sales

    KEVIN GILLESPIE
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 166183

Cape May County Association of REALTORS®

APN: 09-00088-03-00002

New Jersey Cape May County Sea Isle City 08243

227 88th St, Sea Isle City, NJ

This home is located at 227 88th St, Sea Isle City, NJ 08243 since 14 September 2015 and is currently estimated at $2,013,836, approximately $2,355 per square foot. This property was built in 2005. 227 88th St is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High 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.

Nearby Homes