NOT LISTED FOR SALE

Estimated Value: $791,000 - $1,016,000

4 Beds
2 Baths
1,698 Sq Ft
$550/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $550,000 $324 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,434/month

36 Days on Market

Highlights

  • Property near a bay
  • Eat-In Kitchen
  • Living Room
  • Deck
  • Patio
  • 4-minute walk to Bil Henfey Park

About This Home

As of May 2021

Tenant on first floor are month to month and are elderly. Please respect the 24hr appointment request.

Last Agent to Sell the Property

Joseph Gilmartin

CENTURY 21 GILMARTIN & CO Listed on: 02/24/2021

CENTURY 21 GILMARTIN & CO

Last Buyer's Agent

Brian Reed

LONG & FOSTER REAL ESTATE, INC nwnj

LONG & FOSTER REAL ESTATE, INC nwnj

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,499

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50x100

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,698 Sq Ft Home
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Property near a bay
  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 16 / 241

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,499

Year Built

Built in 1950

Lot Details

1.15 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • District Township: 07-North Wildwood City
  • Estimated Year Built: 1950
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Lot Size2: 50x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Total Bathrooms: 2
  • Total Sq Ft: 1698
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat In Kitchen

Exterior Features

  • Outside Features: Patio, Deck

Garage/Parking

  • Parking: 2 Car

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 16
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 5498.57
  • Tax Year: 2020

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
May 5, 2021
Sold by
Webb Edmund B and Webb Amanda
Bought by
Tereschuk George B and Tereschuk Margaret V
Seller's Agent
Joseph Gilmartin
CENTURY 21 GILMARTIN & CO
Buyer's Agent
Brian Reed
LONG & FOSTER REAL ESTATE, INC nwnj
List Price
$538,900
Sold Price
$550,000
Premium/Discount to List
$11,100
2.06%
Current Estimated Value
$933,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,053
Avg. Annual Appreciation
11.44%

Purchase Details

Closed on
Mar 20, 2012
Sold by
Webb Edmund B and Webb Amanda
Bought by
Webb Edmund B and Webb Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.88%
Mortgage Type
New Conventional
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
Tereschuk George B $544,000 Misc Company
Tereschuk George B $544,000 Shore Title
Webb Edmund B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webb Edmund B $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $550,000 +2.1% $324 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $538,900 -- $317 / Sq Ft
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 $6,317 $407,600 $250,000 $157,600
2024 $6,317 $407,000 $250,000 $157,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211073

Cape May County Association of REALTORS®

APN: 07-00241-0000-00016

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