NOT LISTED FOR SALE

Estimated Value: $458,000 - $728,000

6 Beds
2 Baths
2,320 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $205,000 $88 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $3,800/month

18 Days on Market

Highlights

  • Porch
  • Living Room
  • Baseboard Heating
  • Eat-In Kitchen

About This Home

As of May 2019

This property qualifies for the FIRST LOOK INITIATIVE through 04/21/2019. Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This on-going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary home. If the offer presented in first 20 days period, the buyer and their selling agent must sign an Agreement of Purchaser affidavit affirming that the buyer will occupy the home as their residence. The seller acquired the property through foreclosure or deed in lieu of foreclosure or from an entity that acquired it through foreclosure of deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility for all local and state inspections that are needed prior to closing. All questions and concerns should be answered by personal inspection and research. Buyer to verify square footage of lot, structure, HOA fees and capital contribution. ****Please see associated docs for inspection reports and Offer sheet.

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 04/01/2019

COASTAL ELITE REALTY

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,713

Year Built

  • Built in 1920

Lot Details

  • 0.93

Home Design

  • Duplex

Interior Spaces

  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Baseboard Heating
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Porch
  • Lot Dimensions are 40x62.5

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 18 / 214

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,713

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • District Township: 17-Out Of County
  • Estimated Year Built: 1920
  • New Construction: No
  • Second Address Number: 31
  • Lot Size2: 40x62.5
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Total Bathrooms: 2
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen

Exterior Features

  • Outside Features: Porch

Utilities

  • Separate Meter: Electric, Gas
  • Heating: Baseboard
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 18
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 190000

Tax Info

  • Taxes: 6713
  • Tax Year: 2018

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Apr 22, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Zhang Yanling
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$223,900
Sold Price
$205,000
Premium/Discount to List
-$18,900
-8.44%
Current Estimated Value
$594,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,648
Avg. Annual Appreciation
18.39%

Purchase Details

Closed on
Aug 21, 2018
Sold by
Mowla Mosadaqul and Mowla Siful
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 29, 2005
Sold by
Mora Francisco and Guevara Ana
Bought by
Mowla Mosadaqul and Mowla Shaiful

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2002
Sold by
Estate Of Theodore Dicosmo and Dicosmo Vito
Bought by
Mora Francisco and Guevara Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,618
Interest Rate
7.05%
Mortgage Type
Unknown
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
Zhang Yanling $205,000 None Available
Federal Home Loan Mortgage Corp $1,000 None Available
Mowla Mosadaqul $400,000 Commonwealth Land Title Insu
Mora Francisco $156,500 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mowla Mosadaqul $38,749
Previous Owner Mowla Mosadaqul $60,000
Previous Owner Mowla Mosadaqul $320,000
Previous Owner Mora Francisco $236,000
Previous Owner Mora Francisco $178,132
Previous Owner Mora Francisco $175,618
Previous Owner Mora Francisco $5,000
Previous Owner Mora Francisco $154,077
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $205,000 -8.4% $88 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $223,900 -- $97 / 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 $6,790 $196,700 $59,800 $136,900
2024 $6,790 $196,700 $59,800 $136,900
2023 $7,429 $196,700 $59,800 $136,900
2022 $7,429 $196,700 $59,800 $136,900
2021 $7,673 $196,700 $59,800 $136,900
2020 $7,738 $196,700 $59,800 $136,900
2019 $7,570 $190,000 $130,000 $60,000
2018 $6,713 $190,000 $130,000 $60,000
2017 $6,500 $190,000 $130,000 $60,000
2016 $7,334 $190,000 $130,000 $60,000
2015 $6,502 $190,000 $130,000 $60,000
2014 $9,040 $270,000 $210,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 186985

Cape May County Association of REALTORS®

APN: 02-00214-0000-00018