NOT LISTED FOR SALE

312 47th Place Sea Isle City, NJ 08243

Estimated Value: $2,053,000 - $6,065,000

3 Beds
1 Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold November 10, 2017

Last sale price $1,500,000

Est. 176% increase in value since last sale

Current estimated payment $23,959/month

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Ranch Style House
  • Ocean City Primary School Rated A
  • Deck
  • Furnished

About This Home

As of November 2017

This home is located at 312 47th Place, Sea Isle City, NJ 08243 since 24 September 2017 and is currently estimated at $4,144,392. This property was built in 1971. 312 47th Place is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Last Agent to Sell the Property

Dustin Laricks

COMPASS RE - Sic Listed on: 09/24/2017

COMPASS RE - Sic

Last Buyer's Agent

Dustin Laricks

COMPASS RE - Sic Listed on: 09/24/2017

COMPASS RE - Sic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,776

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 50x95
  • Property Fronts a Bay or Harbor

Parking

  • Stone Driveway

Home Design

  • Ranch Style House
  • Asbestos Siding

Interior Spaces

  • Furnished
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Docks
  • Deck

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 & 8 / 47.06

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,776

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 09-Sea Isle City
  • Also Includes: Furniture
  • Estimated Year Built: 1971
  • New Construction: No
  • Second Address Number: 312
  • Lot Size2: 50x95
  • Selling Agent1: 800
  • Selling Office1: 49
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 6
  • Other Rooms: Living Room, Dining Room, Kitchen

Exterior Features

  • Construction: Ranch
  • Exterior: Asbestos
  • Outside Features: Deck, Dock, Bulkhead

Garage/Parking

  • Parking Garage: Concrete Driveway, Stone Driveway

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 7 & 8
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 7776.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2017
Closed on
Nov 10, 2017
Sold by
Mclaren Robert H and Mclaren John P
Bought by
Hollingsworth Steven A and Hollingsworth Kimberly P
Seller's Agent
Dustin Laricks
COMPASS RE - Sic
Buyer's Agent
Dustin Laricks
COMPASS RE - Sic
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$4,144,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,644,392
Avg. Annual Appreciation
13.42%
Original Mortgage
$600,000
Outstanding Balance
$505,940
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$3,524,114
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
Hollingsworth Steven A $1,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollingsworth Steven A $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2017 11/10/17 Sold $1,500,000 0.0% --
10/11/2017 10/11/17 Pending -- -- --
09/24/2017 09/24/17 For Sale $1,500,000 -- --
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 $22,540 $2,521,300 $1,085,000 $1,436,300
2024 $22,540 $2,521,300 $1,085,000 $1,436,300
2023 $21,481 $2,521,300 $1,085,000 $1,436,300
2022 $20,196 $2,521,300 $1,085,000 $1,436,300
2021 $19,263 $2,521,300 $1,085,000 $1,436,300
2020 $18,506 $2,521,300 $1,085,000 $1,436,300
2019 $7,790 $1,085,000 $1,085,000 $0
2018 $7,944 $1,118,900 $1,085,000 $33,900
2017 $7,776 $1,118,900 $1,085,000 $33,900
2016 $7,519 $1,118,900 $1,085,000 $33,900
2015 $7,747 $1,315,300 $1,244,400 $70,900
2014 $7,681 $1,315,300 $1,244,400 $70,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 179176

Cape May County Association of REALTORS®

APN: 09-00047-06-00007