NOT LISTED FOR SALE

Estimated Value: $520,000 - $600,000

2 Beds
1 Bath
-- Sq Ft
0.37 Acres

Last Sold August 12, 2016

Last sale price $244,000

Est. 128% increase in value since last sale

Current estimated payment $3,332/month

130 Days on Market

Highlights

  • Property near a bay
  • Ground Level Unit
  • Living Room
  • Corner Lot
  • Bar
  • Laundry Room

About This Home

As of August 2016

PRICED RIGHT FOR THIS PRIME LOCATION*LOCATION *LOCATION* Echo Bay Condominiums. This 2 bedrooms, l.5 baths Townhouse owner occupied under $300,000. is 2 blocks to JFK BEACH, 2 BLOCKS TO 2ND AVENUE BEACH, 2 BLOCKS TO SEAWALL-WALK and 2 BLOCKS to the FREE CONCERT PAVILION. Central Air Laundry nice décor assigned parking. Affordable. Attractive Year Round comfort.

Last Agent to Sell the Property

Frank Capone

CAPE ISLANDS REALTY, LLC Listed on: 03/05/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,151

Year Built

  • Built in 1987

Lot Details

  • 0.37

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Bar
  • Living Room
  • Dining Area
  • Storage Room
  • Wall to Wall Carpet

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Property near a bay
  • Interior Lot
  • Ground Level Unit

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Legal Lot and Block 9 / 323

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,151

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Location: Inside Lot
  • District Township: 07-N. Wildwood City
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1987
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1987

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: Two
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Sewer: Public
  • Water: Public

Condo/Co-op/Association

  • Unit: 9
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV
  • Condo Fees: 125.00
  • Unit Features: Bar, Wall To Wall Carpet
  • Unit Location: First Floor, Corner

Lot Info

  • Lot Number: 9
  • Total Assessment: 279400

Tax Info

  • Taxes: 3151

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2016
Closed on
Aug 5, 2016
Sold by
Gibson Hugh H and Gibson Michele E
Bought by
Park Lawrence J and Park Catherine C
Seller's Agent
Frank Capone
CAPE ISLANDS REALTY, LLC
List Price
$279,300
Sold Price
$244,000
Premium/Discount to List
-$35,300
-12.64%
Current Estimated Value
$556,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,032
Avg. Annual Appreciation
9.54%
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
Park Lawrence J $244,000 Title Alliance Of Cape May
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Hugh H $224,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $244,000 -12.6% --
07/13/2016 07/13/16 Pending -- -- --
03/05/2016 03/05/16 For Sale $279,300 -- --
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 $3,619 $233,200 $140,000 $93,200
2024 $3,619 $233,200 $140,000 $93,200
2023 $3,542 $233,200 $140,000 $93,200
2022 $3,400 $233,200 $140,000 $93,200
2021 $2,421 $233,200 $140,000 $93,200
2020 $3,151 $233,200 $140,000 $93,200
2019 $3,046 $233,200 $140,000 $93,200
2018 $2,959 $233,200 $140,000 $93,200
2017 $2,896 $233,200 $140,000 $93,200
2016 $2,840 $233,200 $140,000 $93,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 168870

Cape May County Association of REALTORS®

APN: 07-00323-0000-00001-0000-C0009