NOT LISTED FOR SALE

Estimated Value: $879,000 - $1,259,000

8 Beds
3 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold December 27, 2019

Last sale price $480,000

Est. 115% increase in value since last sale

Current estimated payment $6,048/month

140 Days on Market

Highlights

  • Water Views
  • Deck
  • Porch
  • Property is near a beach
  • Furnished
  • Eat-In Kitchen

About This Home

As of December 2019

Top floor is owner quarters and does not rent. 2 bottom 2 BR units are currently unoccupied but are available for seasonal rentals at $8,500. Seller's Disclosure and Lead Based Paint Disclosure can be found in Ass Docs!

Last Agent to Sell the Property

Jerry Freal

SAYLOR POINT REALTY GROUP License #8645057 Listed on: 04/15/2019

Last Buyer's Agent

Michelle Courtney

WILDWOODS REALTY License #8242861

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,800

Lot Details

  • Lot Dimensions are 40x80
  • Cleared Lot

Home Design

  • Triplex
  • Slab Foundation

Interior Spaces

  • Furnished
  • Living Room
  • Dining Room
  • Water Views
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 9 / 134

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,800

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Location: Cleared Lot, Water View
  • District Township: 15-Wildwood Crest
  • Near: beach
  • Also Includes: Furniture
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 305
  • Lot Size2: 40x80
  • Selling Agent1: 415
  • Selling Office1: 77
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Basement: Slab
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat In Kitchen, Dining Area, Pantry, Laundry/Utility Room

Exterior Features

  • Outside Features: Patio, Deck, Porch, Outside Shower

Garage/Parking

  • Parking: 3 Car, Concrete Driveway

Utilities

  • Separate Meter: Electric
  • Cooling: Central Air, Wall Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City
  • Cable Available: Income Expense Info

Lot Info

  • Lot Number: 9
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 5800

Multi Family

  • Number Of Units: 3
  • Total Rent: 17000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Dec 27, 2019
Sold by
Nmaggiore Mary
Bought by
Kinder David
Seller's Agent
Jerry Freal
SAYLOR POINT REALTY GROUP
Buyer's Agent
Michelle Courtney
WILDWOODS REALTY
List Price
$559,000
Sold Price
$480,000
Premium/Discount to List
-$79,000
-14.13%
Current Estimated Value
$1,034,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,059
Avg. Annual Appreciation
13.86%
Original Mortgage
$384,000
Outstanding Balance
$340,005
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$669,875

Purchase Details

Closed on
Sep 26, 1987
Bought by
Maggiore Tony and Maggiore Mary
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
Kinder David $480,000 None Available
Maggiore Tony $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinder David $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $480,000 -14.1% --
09/02/2019 09/02/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $559,000 -- --
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 $6,471 $453,500 $304,000 $149,500
2024 $6,471 $453,500 $304,000 $149,500
2023 $6,376 $453,500 $304,000 $149,500
2022 $6,195 $453,500 $304,000 $149,500
2021 $6,013 $453,500 $304,000 $149,500
2020 $5,846 $453,500 $304,000 $149,500
2019 $5,800 $453,500 $304,000 $149,500
2018 $5,705 $453,500 $304,000 $149,500
2017 $5,592 $453,500 $304,000 $149,500
2016 $5,415 $453,500 $304,000 $149,500
2015 $5,333 $453,500 $304,000 $149,500
2014 $5,215 $453,500 $304,000 $149,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 187231

Cape May County Association of REALTORS®

APN: 15-00134-01-00009