NOT LISTED FOR SALE

401 Dias Creek Rd Cape May Court House, NJ 08210

Estimated Value: $375,000 - $457,000

-- Bed
-- Bath
-- Sq Ft
0.94 Acres

Last Sold July 11, 2018

Last sale price $180,000

Est. 140% increase in value since last sale

Current estimated payment $2,669/month

112 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Living Room
  • Middle Township Elementary No. 1 Rated A-
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of July 2018

Attention investors! Large duplex on huge lot in a rural setting. Side by side duplex has old world charm with updated amenities. Each side offers 3 bedrooms and 1 bath, high ceilings, eat in kitchen, living room and dining room and basement. Plenty of off street parking for everyone.Unit A has walk up attic which spans the entire building and could be another large bedroom.New roof and new well within 6 months, original hardwood floors under carpet. Original pocket doors between dining and living room which could be opened up and used again. Buyer responsible for all inspections Seller will only pay for fire cert. Property is sold in as-is condition and any furniture in the property stays with the property. Any questions regarding subdividing the or possible condo conversion should be addressed to Middle Twp. A little updating could go a long way in this property! All the big stuff was done. Roof, well, sheet rock replaced the old plaster walls, and the back lot is cleared. Tenant in Unit B will need 24 hours notice Unit A is vacant and on a lock box. Lease ends in April and will be on month to month after that.

Last Agent to Sell the Property

S JOSEPH HOEY

WEICHERT REALTORS HOEY GROUP - D License #7815046 Listed on: 02/26/2018

WEICHERT REALTORS HOEY GROUP - D

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,555

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 100x410
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Stone or Rock in Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Well
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,555

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 02/26/2018
  • Year Built: 1920
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Basement: 6 Ft. Or More Head Room, Inside Entrance, Masonry Floor/Wall, Unfinished
  • Other Rooms: Dining Room, Eat In Kitchen, Laundry/Utility Rm, Living Room, Storage Attic

Exterior Features

  • Outside Features: Porch
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Blacktop
  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Location: Corner
  • Lot Dimensions: 100x410

Rental Info

  • Rental Information: Monthly

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric, Gas, Sewer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
Jun 10, 2018
Sold by
Spaulding Dolores
Bought by
Altobelli Louis H
Seller's Agent
S JOSEPH HOEY
WEICHERT REALTORS HOEY GROUP - D
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$259,900
Sold Price
$180,000
Premium/Discount to List
-$79,900
-30.74%
Current Estimated Value
$431,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,405
Avg. Annual Appreciation
12.78%
Source: Public Records

Range of Values:

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Average Value
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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
Altobelli Louis H $180,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2018 07/11/18 Sold $180,000 -17.8% --
05/30/2018 05/30/18 Price Changed $219,000 -10.6% --
03/20/2018 03/20/18 Price Changed $244,900 -5.8% --
02/26/2018 02/26/18 For Sale $259,900 -- --
Source: South Jersey Shore Regional MLS

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 $4,555 $216,000 $129,800 $86,200
2024 $4,555 $216,000 $129,800 $86,200
2023 $4,441 $216,000 $129,800 $86,200
2022 $4,314 $216,000 $129,800 $86,200
2021 $4,210 $216,000 $129,800 $86,200
2020 $4,123 $216,000 $129,800 $86,200
2019 $4,018 $216,000 $129,800 $86,200
2018 $3,955 $216,000 $129,800 $86,200
2017 $3,875 $216,000 $129,800 $86,200
2016 $3,778 $216,000 $129,800 $86,200
2015 $3,750 $216,000 $129,800 $86,200
2014 $3,726 $216,000 $129,800 $86,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 501490

South Jersey Shore Regional MLS

APN: 06-00166-0000-00049