NOT LISTED FOR SALE

Estimated Value: $1,065,122 - $1,464,000

5 Beds
3 Baths
3,400 Sq Ft
$358/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $565,000 $166 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $7,343/month

102 Days on Market

Highlights

  • Island Location
  • Furnished
  • Fireplace
  • Corner Lot
  • Fenced Yard
  • Eat-In Kitchen

About This Home

As of February 2015

.............................$36,900 Rental Income For 2014........................................ Huge, corner 3 story Townhome featuring 5 bedrooms and 3.5 baths... Enter into the extra wide foyer down the hall to a huge recreation/entertainment room featuring a large seating area, wide screen tv, pool table with accompanying pool table chairs and bar. You also exit to the nice fenced in yard through sliders... There is also a half bath and door leading to the large garage and a large storage closest...Proceed to second floor where you'll find an open floor plan leading to a extra large living area with high ceilings and plenty of seating, another large tv and a high top cafe' set. This also offers sliders that leads to a nice covered deck with furniture...Heading to the dining area you'll find a counter top divider enclosing a double sided gas fireplace for your cool nights. There is also a large dining room table and chairs... This leads to a large kitchen with separate eating area and boasts many cabinets and generous counter tops with bar stool seating...Head down the hallway to two large bedrooms and bath... Continue up the wide stairway to the 3rd floor and you'll find an extra large landing area and hallway with hall closest and another bath with 2 more large bedrooms and laundry room. This level also features the extra large master bedroom with sitting area, master bath and sliders to another covered deck...This corner unit has many ceiling fans and widows allowing a lot of natural light. This home also offers many closets for storage and a dual HVAC system. The square footage listed above was given by the owners and should be verified by the Buyer prior to purchase.

Last Agent to Sell the Property

Robert Craig

LEES REAL ESTATE Listed on: 10/17/2014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,923

Year Built

  • Built in 2006

Lot Details

  • 10,019

Interior Spaces

  • 3,400 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Parking Pad

Additional Features

  • Fenced Yard
  • Island Location
  • Zoned Heating and Cooling

Listing and Financial Details

  • Legal Lot and Block 4 / 264

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,923

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island
  • District Township: 07-N. Wildwood City
  • Also Includes: Drapes, Curtains, Blinds, Furniture
  • Estimated Year Built: 2006
  • Beach Proximity: 2 Blocks
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Estimated Living Sq Ft: 3400
  • Other Rooms: Living Room, Recreation/Family, Eat In Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Garage, Parking Pad

Utilities

  • Cooling: Multi Zoned
  • Heating: Multi-Zoned
  • Sewer: Public
  • Water: Public

Condo/Co-op/Association

  • Unit: D
  • Common Area Features: Deck/Porch, Fenced Yard
  • Condo Fees: 450/Qtr.
  • Unit Features: Fireplace, Bar, Wall To Wall Carpet, Foyer
  • Unit Location: Corner

Lot Info

  • Lot Number: 4

Tax Info

  • Taxes: 4922.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Feb 26, 2015
Sold by
Burns Michael and Burns Debbie
Bought by
Eckert Chris and Eckert Donna
Seller's Agent
Robert Craig
LEES REAL ESTATE
List Price
$589,900
Sold Price
$565,000
Premium/Discount to List
-$24,900
-4.22%
Current Estimated Value
$1,235,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,041
Avg. Annual Appreciation
7.41%
Original Mortgage
$417,000
Outstanding Balance
$325,394
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$869,916

Purchase Details

Closed on
Sep 14, 2006
Sold by
Gangemi Thomas F and Gangemi Claire E
Bought by
Burns Michael and Burns Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,900
Interest Rate
7.73%
Mortgage Type
Purchase Money Mortgage
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
Eckert Chris $565,000 The Title Company Of Jersey
Burns Michael $580,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eckert Chris $417,000
Previous Owner Burns Michael $521,900
Previous Owner Gangemi Thomas F $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $565,000 -4.2% $166 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
10/17/2014 10/17/14 For Sale $589,900 -- $174 / 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 $7,372 $475,000 $165,000 $310,000
2024 $7,372 $475,000 $165,000 $310,000
2023 $7,215 $475,000 $165,000 $310,000
2022 $6,926 $475,000 $165,000 $310,000
2021 $4,932 $475,000 $165,000 $310,000
2020 $6,417 $475,000 $165,000 $310,000
2019 $6,204 $475,000 $165,000 $310,000
2018 $6,028 $475,000 $165,000 $310,000
2017 $5,900 $475,000 $165,000 $310,000
2016 $5,786 $475,000 $165,000 $310,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 160678

Cape May County Association of REALTORS®

APN: 07-00264-0000-00002-0000-C000D