NOT LISTED FOR SALE

Estimated Value: $492,194

7 Beds
3 Baths
2,484 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $440,000 $177 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,974/month

7 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Porch
  • Island Location
  • Fenced Yard
  • Eat-In Kitchen

About This Home

As of November 2022

Property is vacant so easy to show. Seller states boiler in rear shed is shot. Buyer will need to install new heating/air system

Last Agent to Sell the Property

Joan Morey

LONG & FOSTER REAL ESTATE, INC nww License #0562135 Listed on: 10/11/2022

LONG & FOSTER REAL ESTATE, INC nww

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,361

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 30x100
  • Fenced Yard

Home Design

  • Triplex

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Area
  • Storage Room
  • Laundry Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Property near a bay
  • Deck
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 44 / 4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,361

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Location: Island
  • District Township: 15-Wildwood Crest
  • Near: Acme, Beach & Boardwalk
  • Estimated Year Built: 1955
  • Bay Proximity: 2 Blocks
  • New Construction: No
  • Lot Size2: 30X100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Total Bathrooms: 3
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Pantry, Laundry/Utility Room, Storage Space

Exterior Features

  • Outside Features: Deck, Porch, Fenced Yard, Storage Building

Utilities

  • Separate Meter: Electric, Gas
  • Cooling: Ceiling Fan
  • Heating: Gas Natural, Baseboard, Hot Water, Multi-Zoned
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 44
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-2

Tax Info

  • Taxes: 4361.21
  • Tax Year: 2022

Multi Family

  • Number Of Units: 3
  • Total Rent: $0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
L & I Rental Llc
Bought by
Higginbotham Daniel and Higginbotham Nicole
Current Estimated Value
$492,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$156,491
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$335,703

Purchase Details

Closed on
Aug 22, 2023
Sold by
L & I Rental Llc
Bought by
Frye Deborah Ann and Frye Curtis Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$156,491
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$335,703

Purchase Details

Listed on
Oct 11, 2022
Closed on
Nov 8, 2022
Sold by
Pereira Jorge and Pereira Ana
Bought by
L & I Rental Llc
Seller's Agent
Joan Morey
LONG & FOSTER REAL ESTATE, INC nww
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$399,900
Sold Price
$440,000
Premium/Discount to List
$40,100
10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%

Purchase Details

Listed on
Aug 29, 2018
Closed on
May 30, 2019
Sold by
Us Bank Na Tr
Bought by
Pereira Jorge and Pereira Ann
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Joan Morey
LONG & FOSTER REAL ESTATE, INC nww
List Price
$279,800
Sold Price
$240,000
Premium/Discount to List
-$39,800
-14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.33%

Purchase Details

Closed on
Mar 27, 2018
Sold by
Nolan Robert A
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Sep 6, 2005
Sold by
Chally Lynda
Bought by
Burycka Joseph

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
5.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 28, 1997
Sold by
Boro Of Wildwood Crest
Bought by
Chally Joseph and Chally Linda

Purchase Details

Closed on
Jun 30, 1990
Sold by
Siderio Albert G and Siderio Ida
Bought by
Chally Joseph and Chally Lynda
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
Higginbotham Daniel $425,000 Surety Title
Higginbotham Daniel $425,000 Surety Title
Frye Deborah Ann $265,000 Old Republic Title
Simpson John $440,000 Surety Title
Simpson John $440,000 Surety Title
314 W Cresse Ave Condominium -- Freedom Title
314 W Cresse Ave Condominium -- Freedom Title
L & I Rental Llc $440,000 Freedom Title
L & I Rental Llc $440,000 Freedom Title
Pereira Jorge $240,000 Premium Title
Us Bank Na Tr -- --
Burycka Joseph $400,000 --
Chally Joseph $30,000 --
Chally Joseph $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higginbotham Daniel $160,000
Closed Higginbotham Daniel $160,000
Open Simpson John $352,000
Closed Simpson John $352,000
Closed Frye Deborah Ann $198,750
Previous Owner Burycka Joseph $60,000
Previous Owner Burycka Joseph $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2022 11/23/22 Sold $440,000 +10.0% $177 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $399,900 0.0% $161 / Sq Ft
10/18/2022 10/18/22 Price Changed $399,900 0.0% $161 / Sq Ft
10/11/2022 10/11/22 For Sale $399,900 +66.6% $161 / Sq Ft
06/21/2019 06/21/19 Sold $240,000 -9.7% $97 / Sq Ft View Prior Sale
02/20/2019 02/20/19 Price Changed $265,900 -5.0% $107 / Sq Ft
01/08/2019 01/08/19 For Sale $279,800 +16.6% $113 / Sq Ft
01/02/2019 01/02/19 Off Market $240,000 -- --
12/27/2018 12/27/18 Price Changed $279,800 -5.0% $113 / Sq Ft
11/21/2018 11/21/18 Price Changed $294,500 -5.0% $119 / Sq Ft
08/29/2018 08/29/18 For Sale $310,000 -- $125 / 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 $4,624 -- -- --
2024 $4,624 $0 $0 $0
2023 $4,624 $328,900 $160,300 $168,600
2022 $4,493 $328,900 $160,300 $168,600
2021 $4,361 $328,900 $160,300 $168,600
2020 $4,240 $328,900 $160,300 $168,600
2019 $4,207 $328,900 $160,300 $168,600
2018 $4,138 $328,900 $160,300 $168,600
2017 $4,055 $328,900 $160,300 $168,600
2016 $3,927 $328,900 $160,300 $168,600
2015 $3,868 $328,900 $160,300 $168,600
2014 $3,782 $328,900 $160,300 $168,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223177

Cape May County Association of REALTORS®

APN: 15-00004-0000-00044