NOT LISTED FOR SALE

Estimated Value: $557,487 - $715,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold March 30, 2018

Last sale price $342,500

Est. 90% increase in value since last sale

Current estimated payment $3,970/month

317 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Furnished
  • Island Location
  • Corner Lot
  • 5-minute walk to Byrne Plaza

About This Home

As of March 2018

EZ Show on lockbox prior to tenant arrival. Driveways being replaced and expanded over the next 2 weeks.

Last Agent to Sell the Property

Joseph Zarroli

ISLAND REALTY GROUP LLC Listed on: 03/11/2017

Last Buyer's Agent

Joe Vallese

CHRIS HENDERSON REALTY License #9806653

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 40 x 75
  • Corner Lot
  • Interior Lot

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Eat-In Kitchen
  • Laundry Room

Parking

  • 3 Parking Spaces
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Patio

Location

  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 1 / 227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,684

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Corner, Inside Lot, Island
  • District Township: 14-Wildwood City
  • Near: Park
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture
  • Estimated Year Built: 2016 Rehab
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Lot Size2: 40 x 75
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2016

Interior Features

  • Basement: Slab
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Outside Features: Patio, Deck, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking: Parking Pad, 3 Car, Concrete Driveway

Utilities

  • Separate Meter: Cable TV, Electric, Gas
  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City, Public
  • Water: City, Public

Lot Info

  • Lot Number: 1
  • Lot Size: 1 to 6000 SqFt
  • Zoning: PO

Tax Info

  • Taxes: 3684.36
  • Tax Year: 1516

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2021
Sold by
Simcok James E Est
Bought by
Stevens Franklin K
Current Estimated Value
$651,622

Purchase Details

Listed on
Mar 11, 2017
Closed on
Mar 15, 2018
Sold by
Sachs Ryan E
Bought by
Stevens 4Th Franklin K
Seller's Agent
Joseph Zarroli
ISLAND REALTY GROUP LLC
Buyer's Agent
Joe Vallese
CHRIS HENDERSON REALTY
List Price
$359,900
Sold Price
$342,500
Premium/Discount to List
-$17,400
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$260,000
Interest Rate
4.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 8, 2014
Sold by
124 Texas Avenue Llc
Bought by
Sachs Ryan E

Purchase Details

Closed on
Oct 31, 2013
Sold by
Langella Anthony T and Langella Arsena A
Bought by
124 Texas Ave Llc
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
Stevens Franklin K $25,000 None Available
Stevens 4Th Franklin K $342,500 --
Sachs Ryan E $90,000 Shore Title Agency Inc
124 Texas Ave Llc $75,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevens 4Th Franklin K $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $342,500 -4.8% --
02/28/2018 02/28/18 Pending -- -- --
03/11/2017 03/11/17 For Sale $359,900 -- --
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 $6,710 $248,600 $89,100 $159,500
2024 $6,710 $223,600 $89,100 $159,500
2023 $6,549 $248,600 $89,100 $159,500
2022 $6,332 $223,600 $0 $0
2021 $6,160 $223,600 $0 $0
2020 $6,015 $223,600 $0 $0
2019 $4,179 $161,100 $89,100 $72,000
2018 $4,026 $161,100 $89,100 $72,000
2017 $3,857 $161,100 $89,100 $72,000
2016 $3,744 $161,100 $89,100 $72,000
2015 $3,684 $161,100 $89,100 $72,000
2014 $3,641 $161,100 $89,100 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 175118

Cape May County Association of REALTORS®

APN: 14 00227-0000-00001- 01