NOT LISTED FOR SALE

Estimated Value: $1,182,000 - $1,515,000

5 Beds
4 Baths
2,805 Sq Ft
$471/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $835,000 $298 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,552/month

9 Days on Market

Highlights

  • Water Views
  • Island Location
  • Furnished
  • Property fronts an inlet
  • Deck
  • Great Room

About This Home

As of January 2021

EZ to show with Lockbox. Square footage as stated on Tax Record and has not been verified by Listing agent. Property is vacant. Please call appointment line or schedule showings using the ShowingTime link on MLS.

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 11/13/2020

Last Buyer's Agent

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 11/13/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,290

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 33x85
  • Property fronts an inlet
  • Waterfront

Home Design

  • Duplex

Interior Spaces

  • 2,805 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Storage Room
  • Laundry Room
  • Water Views
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Outdoor Grill

Location

  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 75 / 30

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,290

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Inlet, Island, Water Front, Water View
  • District Township: 07-North Wildwood City
  • Near: Ocean, Seawall
  • Also Includes: Drapes, Shades, Blinds, Fireplace Equipment, Furniture
  • Estimated Year Built: 1968
  • New Construction: No
  • Lot Size2: 33X85
  • OFFICELIST_STATE: NJ
  • Street Designation: Court
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Total Bathrooms: 4
  • Basement: Crawl Space
  • Total Sq Ft: 2805
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Pantry, Laundry/Utility Room, Great Room, Storage Space

Exterior Features

  • Outside Features: Patio, Deck, Enclosed/Cov. Patio, Grill, Storage Building, Bulkhead, Cable TV, Outside Shower, Waterview

Utilities

  • Separate Meter: Electric, Gas
  • Cooling: Electric, Ceiling Fan, Wall Air Conditioning
  • Heating: Gas Natural, Forced Air, Space/Wall/Floor
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 75
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 6290
  • Tax Year: 2019

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 8, 2021
Sold by
Zwiercan Thomas and Zwiercan Carrie
Bought by
Miller Eric J and Miller Toula Z
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
Buyer's Agent
Paul Zografakis
RE/MAX SURFSIDE
List Price
$849,900
Sold Price
$835,000
Premium/Discount to List
-$14,900
-1.75%
Current Estimated Value
$1,321,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,326
Avg. Annual Appreciation
10.03%
Original Mortgage
$668,000
Outstanding Balance
$596,192
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$725,134

Purchase Details

Closed on
Sep 23, 2011
Sold by
Cacci Ralph A
Bought by
Cacci Ralph A and Cacci Margaret G

Purchase Details

Closed on
Apr 8, 1992
Sold by
Tretter Isabel R
Bought by
Atlantic City Electric & Nj Bell
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
Miller Eric J $835,000 None Available
Cacci Ralph A -- None Available
Atlantic City Electric & Nj Bell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Eric J $668,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2021 01/08/21 Sold $835,000 -1.8% $298 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $849,900 +22.3% $303 / Sq Ft
09/03/2019 09/03/19 Sold $695,000 -7.3% -- View Prior Sale
06/27/2019 06/27/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $749,900 -- --
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 $7,474 $481,600 $230,000 $251,600
2024 $7,474 $481,600 $230,000 $251,600
2023 $7,316 $481,600 $230,000 $251,600
2022 $7,022 $481,600 $230,000 $251,600
2021 $5,000 $481,600 $230,000 $251,600
2020 $6,506 $481,600 $230,000 $251,600
2019 $6,290 $481,600 $230,000 $251,600
2018 $6,112 $481,600 $230,000 $251,600
2017 $5,981 $481,600 $230,000 $251,600
2016 $5,866 $481,600 $230,000 $251,600
2015 $4,096 $363,100 $253,800 $109,300
2014 $3,998 $363,100 $253,800 $109,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 204452

Cape May County Association of REALTORS®

APN: 07-00030-0000-00075