NOT LISTED FOR SALE

Estimated Value: $877,000 - $1,011,000

3 Beds
2 Baths
-- Sq Ft
1.38 Acres

Last Sold April 03, 2020

Last sale price $495,000

Est. 93% increase in value since last sale

Current estimated payment $5,544/month

2 Days on Market

Highlights

  • Island Location
  • Fenced Yard
  • Living Room
  • Deck
  • Porch
  • Dining Room

About This Home

As of April 2020

This home is located at 305 E 12th Ave, Wildwood, NJ 08260 since 18 January 2020 and is currently estimated at $953,417. 305 E 12th Ave is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

Anne McDermott

CHRIS HENDERSON REALTY Listed on: 01/18/2020

Last Buyer's Agent

Joseph Rullo

CAPE ISLANDS REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,421

Lot Details

  • Lot Dimensions are 60 x 100
  • Fenced Yard

Home Design

  • Duplex

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • Island Location

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 271 / 18

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,421

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Island
  • District Township: 07-North Wildwood City
  • Near: school
  • Also Includes: Blinds, Partial Furniture, Other (See Remarks)
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Lot Size2: 60 x 100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen

Exterior Features

  • Outside Features: Deck, Porch, Fenced Yard, Cable TV, Sidewalks

Garage/Parking

  • Parking: Garage, 2 Car, Concrete Driveway

Utilities

  • Separate Meter: Electric
  • Cooling: Ceiling Fan, Other
  • Heating: Gas Natural, Electric, Baseboard
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 271
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R1

Tax Info

  • Taxes: 5421

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2020
Closed on
Mar 19, 2020
Sold by
Mcdermontt Robert M and Mcdermott Anne C
Bought by
Davis William C and Davis Barbara S
Seller's Agent
Anne McDermott
CHRIS HENDERSON REALTY
Buyer's Agent
Joseph Rullo
CAPE ISLANDS REALTY, LLC
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$953,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,417
Avg. Annual Appreciation
12.49%
Original Mortgage
$237,000
Outstanding Balance
$208,684
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$744,733

Purchase Details

Closed on
Aug 18, 2016
Sold by
Gallagher Loretta H and Mcdermott Anne C
Bought by
Mcdermott Robert M and Mcdermott Anne C
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
Davis William C $495,000 Misc Company
Mcdermott Robert M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis William C $237,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $495,000 0.0% --
01/20/2020 01/20/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $495,000 -- --
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 $6,630 $427,200 $284,400 $142,800
2024 $6,630 $427,200 $284,400 $142,800
2023 $6,489 $427,200 $284,400 $142,800
2022 $6,229 $427,200 $284,400 $142,800
2021 $4,186 $427,200 $284,400 $142,800
2020 $5,771 $427,200 $284,400 $142,800
2019 $5,579 $427,200 $284,400 $142,800
2018 $5,421 $427,200 $284,400 $142,800
2017 $5,306 $427,200 $284,400 $142,800
2016 $5,827 $478,400 $316,000 $162,400
2015 $4,687 $415,500 $342,000 $73,500
2014 $4,575 $415,500 $342,000 $73,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 200247

Cape May County Association of REALTORS®

APN: 07-00271-0000-00018