NOT LISTED FOR SALE

331 47th Place Unit EAST Sea Isle City, NJ 08243

Estimated Value: $1,227,000 - $2,316,000

4 Beds
3 Baths
1,756 Sq Ft
$1,014/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $1,445,000 $823 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,100/month

8 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Furnished

About This Home

As of October 2020

Face coverings are required by anyone entering the property. Call appointment line to schedule appointments.

Last Agent to Sell the Property

Jason Walawender

COMPASS RE - Sic Listed on: 08/28/2020

COMPASS RE - Sic

Last Buyer's Agent

William J. Buchanan, ABR, GRI, CRB, RSPS, ePro

RE/MAX at the Sea License #0014411

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,905

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced Yard

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Great Room
  • Water Views
  • Alarm System

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 15 / 47 05

Community Details

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,905

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Location: Bay Front
  • District Township: 09-Sea Isle City
  • Also Includes: Shades, Blinds, Furniture
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 331
  • Selling Agent1: 707
  • Selling Office1: 208
  • OFFICELIST_STATE: NJ
  • Street Designation: Place
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Burglar Alarm, Smoke/Fire Detector, Wine Cooler
  • Number Of Stories: Three
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Other Rooms: Kitchen, Great Room

Garage/Parking

  • Parking: Auto Door Opener, Garage, Parking Pad, 2 Car, Concrete Driveway, Other

Utilities

  • Cooling: Central Air, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: East
  • Common Area Features: Deck/Porch, Fenced Yard, Dock/Boat Slip, Bulkhead, Outside Shower
  • Condo Fees: Insurances
  • Unit Features: Fireplace, Hardwood Floors, Cathedral Ceiling, Tile Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 15

Tax Info

  • Taxes: 5904.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 29, 2020
Sold by
Kulp James H and Kulp Paulette
Bought by
Mccann Patrick M and Mccann Kristie M
Seller's Agent
Jason Walawender
COMPASS RE - Sic
Buyer's Agent
William J. Buchanan, ABR, GRI, CRB, RSPS, ePro
RE/MAX at the Sea
List Price
$1,399,000
Sold Price
$1,445,000
Premium/Discount to List
$46,000
3.29%
Current Estimated Value
$1,780,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,686
Avg. Annual Appreciation
4.37%
Original Mortgage
$510,400
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2010
Sold by
Pnc Bank Na
Bought by
Kulp James H and Kulp Paulette

Purchase Details

Closed on
May 20, 2010
Sold by
Swallow Scott
Bought by
Pnc Bank Na

Purchase Details

Closed on
Sep 25, 2006
Sold by
Briarwood Holding Llc
Bought by
Swallow Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.47%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 2006
Sold by
Briarwood Holdings Llc
Bought by
Swallow Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,356,000
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 20, 2005
Sold by
Frankie & Jerry Llc
Bought by
Gulf Stream Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.67%
Mortgage Type
Construction
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
Mccann Patrick M $1,445,000 Misc Company
Kulp James H $855,000 Shore Title Agency Inc
Pnc Bank Na -- None Available
Swallow Scott $1,695,000 Shore Title Agency Inc
Swallow Scott $1,695,000 None Available
Briarwood Holdings Llc -- None Available
Gulf Stream Holdings Llc $1,700,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccann Patrick M $1,013,000
Closed Mccann Patrick M $510,400
Previous Owner Griesser James W $259,500
Previous Owner James Griesser $735,000
Previous Owner Farrell Aileen $430,000
Previous Owner Kelly Michael P $390,000
Previous Owner Swallow Scott F $1,300,000
Previous Owner Swallow Scott $350,000
Previous Owner Swallow Scott $300,000
Previous Owner Swallow Scott $130,000
Previous Owner Swallow Scott F $800,000
Previous Owner Swallow Scott $1,356,000
Previous Owner Swallow Scott $1,356,000
Previous Owner Swallow Scott $1,356,000
Previous Owner Gulf Stream Holdings Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $1,445,000 +3.3% $823 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $1,399,000 -- $797 / 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 $7,352 $822,400 $535,300 $287,100
2024 $7,352 $822,400 $535,300 $287,100
2023 $7,007 $822,400 $535,300 $287,100
2022 $6,587 $822,400 $535,300 $287,100
2021 $6,283 $822,400 $535,300 $287,100
2020 $6,036 $822,400 $535,300 $287,100
2019 $5,905 $822,400 $535,300 $287,100
2018 $5,839 $822,400 $535,300 $287,100
2017 $5,716 $822,400 $535,300 $287,100
2016 $5,527 $822,400 $535,300 $287,100
2015 $5,301 $900,000 $621,600 $278,400
2014 $5,256 $900,000 $621,600 $278,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jason Walawender

    COMPASS RE - Sic

    (609) 263-8300

    13 in this area

    14 Total Sales

    Jason Walawender
    Section Image

  • W

    Buyer's Agent in 2020

    William J. Buchanan, ABR, GRI, CRB, RSPS, ePro

    RE/MAX at the Sea

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 203252

Cape May County Association of REALTORS®

APN: 09-00047-05-00015-0000-C-E

New Jersey Cape May County Sea Isle City 08243

331 47th Place Unit EAST, Sea Isle City, NJ

This home is located at 331 47th Place Unit EAST, Sea Isle City, NJ 08243 since 28 August 2020 and is currently estimated at $1,780,686, approximately $1,014 per square foot. 331 47th Place Unit EAST 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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