NOT LISTED FOR SALE

Estimated Value: $347,000 - $514,186

-- Bed
-- Bath
2,320 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $165,000 $71 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $2,832/month

175 Days on Market

Highlights

  • Eat-In Kitchen
  • Living Room
  • Dining Area
  • Interior Lot

About This Home

As of October 2015

Multi-family property has 3 units - two 3 bedroom 1 bath units and a 1 bedroom 1 bath unit. All units have separate meters and this is a year round building.

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 04/07/2015

COASTAL ELITE REALTY

Co-Listed By

Ksenia Augsberger

COASTAL ELITE REALTY License #1007498

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,745

Lot Details

  • 2,091

Home Design

  • Triplex

Interior Spaces

  • Living Room
  • Dining Area
  • Eat-In Kitchen

Additional Features

  • Interior Lot
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 25 / 169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,745

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Location: Inside Lot
  • District Township: 14-Wildwood City
  • Beach Proximity: 4 Blocks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area

Utilities

  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 25
  • Lot Size: 30X70
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 3744.9
  • Assessor Parcel Number: 14001690000000250002

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Redgait 308 Llc
Bought by
Spurrier Nick
Current Estimated Value
$462,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.91%

Purchase Details

Listed on
Apr 7, 2015
Closed on
Oct 22, 2015
Sold by
Roussin Richard
Bought by
Redgait 308 Llc
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
List Price
$189,000
Sold Price
$165,000
Premium/Discount to List
-$24,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%

Purchase Details

Closed on
Mar 12, 2010
Sold by
Citibank N A
Bought by
Roussin Richard

Purchase Details

Closed on
May 29, 2009
Sold by
Toal Daniel J and Davey Linda
Bought by
Citi Bank

Purchase Details

Closed on
Feb 9, 2006
Sold by
Powers Robert and Powers Sharon
Bought by
Toal Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2005
Sold by
Powers Robert
Bought by
Powers Sharon

Purchase Details

Closed on
Dec 16, 2004
Sold by
Defino Thomas
Bought by
Powers Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
8.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 17, 2004
Sold by
Nixon William W B
Bought by
Defino Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 27, 1996
Sold by
Nixon William W B
Bought by
Nixon William W B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spurrier Nick $400,000 Atlantic Title Agency
Spurrier Nick $400,000 Atlantic Title Agency
Redgait 308 Llc -- Shore Title
Roussin Richard $128,000 Land Title Services Nj Inc
Citi Bank -- None Available
Toal Daniel J $500,000 None Available
Powers Sharon -- --
Powers Robert $215,000 --
Defino Thomas $100,000 Surety Title Agency Of Atlan
Nixon William W B $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Spurrier Nick $35,000
Open Spurrier Nick $392,755
Closed Spurrier Nick $392,755
Previous Owner Toal Daniel J $400,000
Previous Owner Powers Robert $205,000
Previous Owner Defino Thomas $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2015 10/29/15 Sold $165,000 -12.7% $71 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $189,000 -- $81 / 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 $4,742 $158,000 $72,000 $86,000
2024 $4,742 $158,000 $72,000 $86,000
2023 $4,628 $158,000 $72,000 $86,000
2022 $4,475 $158,000 $72,000 $86,000
2021 $4,348 $158,000 $72,000 $86,000
2020 $4,250 $158,000 $72,000 $86,000
2019 $4,099 $158,000 $72,000 $86,000
2018 $3,948 $158,000 $72,000 $86,000
2017 $3,783 $158,000 $72,000 $86,000
2016 $3,672 $158,000 $72,000 $86,000
2015 $3,613 $158,000 $72,000 $86,000
2014 $3,571 $177,100 $72,000 $105,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 163402

Cape May County Association of REALTORS®

APN: 14-00169-0000-00025-02