NOT LISTED FOR SALE

Estimated Value: $419,000 - $467,000

2 Beds
1 Bath
-- Sq Ft
$430/mo HOA Fee

Last Sold June 09, 2022

Last sale price $280,000

Est. 58% increase in value since last sale

Current estimated payment $2,988/month

75 Days on Market

Highlights

  • Property is near a beach
  • Living Room
  • Baseboard Heating
  • Island Location
  • 1-Story Property
  • 2-minute walk to Scoop taylor memorial park

About This Home

As of June 2022

There is a three month condo fee capital contribution paid by Buyer at settlement. The outside of the building has been recently renovated and the special assessment is being paid monthly.

Last Agent to Sell the Property

Bobbie Gallo

LEES REAL ESTATE Listed on: 01/24/2022

Last Buyer's Agent

Ryan Andrews

RE/MAX ONE REALTY

RE/MAX ONE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,599

Lot Details

  • 1.03

HOA Fees

  • $430 Monthly HOA Fees

Interior Spaces

  • 1-Story Property
  • Partially Furnished
  • Living Room
  • Dining Area

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Property is near a beach
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 1,2-12 / 21

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,599

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island
  • District Township: 15-Wildwood Crest
  • Near: Crest Pier
  • Also Includes: Partial Furniture
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Other Rooms: Living Room, Kitchen, Dining Area

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Black Top Driveway

Utilities

  • Cooling: Other
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Condo Fees: 430
  • Unit Location: Top Floor

Lot Info

  • Lot Number: 1,2-12
  • Zoning: R2

Tax Info

  • Taxes: 2598.62
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2015
Sold by
Hofmann John J and Hofmann Jeanne M
Bought by
Reiley Thomas and Reiley Bernadette C
Current Estimated Value
$442,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Outstanding Balance
$117,183
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$325,332

Purchase Details

Closed on
Mar 14, 2008
Sold by
Clark Robert and Clark Catherine
Bought by
Hofmann John J and Hofmann Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Reiley Thomas $180,000 Surety Title
Hofmann John J $215,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiley Thomas $153,000
Previous Owner Hofmann John J $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $280,000 -13.8% --
04/09/2022 04/09/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $324,900 -- --
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 $2,908 $203,800 $150,000 $53,800
2024 $2,908 $203,800 $150,000 $53,800
2023 $2,865 $203,800 $150,000 $53,800
2022 $2,784 $203,800 $150,000 $53,800
2021 $2,702 $203,800 $150,000 $53,800
2020 $2,627 $203,800 $150,000 $53,800
2019 $2,607 $203,800 $150,000 $53,800
2018 $2,564 $203,800 $150,000 $53,800
2017 $2,513 $203,800 $150,000 $53,800
2016 $2,433 $203,800 $150,000 $53,800
2015 $2,397 $203,800 $150,000 $53,800
2014 $2,344 $203,800 $150,000 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 220181

Cape May County Association of REALTORS®

APN: 15-00021-02-00001-0000-C3061