NOT LISTED FOR SALE

406 Baywyn Rd Unit Cape May Beach Villas, NJ 08251

Estimated Value: $395,000 - $601,000

4 Beds
1 Bath
1,394 Sq Ft
$368/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $160,000 $115 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $3,069/month

52 Days on Market

Highlights

  • Property near a bay
  • Ranch Style House
  • Dining Room
  • Deck
  • Living Room
  • Ceiling Fan

About This Home

As of November 2015

BANK OWNED - 4 Bedroom 1 Bath ranch home located just 2 blocks from the beaches of the Delaware Bay. The home features a formal living room with wood burning stove, kitchen with breakfast bar, dining room and gliding door leading to the large rear deck in the private and quiet back yard. The home is being offered AS-IS, with any questions pertaining to the property condition to be answered through buyers personal inspection. Buyer to be responsible for all state or municipal inspections/certifications required to complete the transaction. Contact Agent for Seller disclosure form prior to writing an offer. Seller requires that potential buyers execute the disclosure and submit with their offer in order to be considered.

Last Agent to Sell the Property

Brian Groetsch

RE/MAX SURFSIDE Listed on: 09/04/2015

RE/MAX SURFSIDE

Co-Listed By

Christine Lynn

RE/MAX SURFSIDE License #0336886

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,232

Year Built

  • Built in 1974

Lot Details

  • 5,009

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Asbestos Siding

Interior Spaces

  • 1,394 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Property near a bay
  • Deck

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 2971 / 512

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,232

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • Estimated Year Built: 1974
  • Bay Proximity: 2 Blocks
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Appliances Included: Oven, Refrigerator, Dishwasher
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1394
  • Other Rooms: Living Room, Dining Room, Kitchen

Exterior Features

  • Construction: Ranch
  • Exterior: Asbestos
  • Frontage: 50
  • Outside Features: Deck

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Ceiling Fan
  • Heating: Electric, Baseboard
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 2971
  • Lot Size: 50 x 100
  • Total Assessment: 198900
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 3232.13
  • Assessor Parcel Number: 05005120005029710000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Nov 4, 2015
Sold by
Citimortgage Inc
Bought by
Shockey James D
Seller's Agent
Brian Groetsch
RE/MAX SURFSIDE
List Price
$170,900
Sold Price
$160,000
Premium/Discount to List
-$10,900
-6.38%
Current Estimated Value
$513,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,386
Avg. Annual Appreciation
12.54%

Purchase Details

Closed on
Aug 4, 2015
Sold by
Dimaio Stephen P and Dimaio Donna L
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 9, 2004
Sold by
Thomasson William
Bought by
Dimaio Stephen P and Dimaio Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,425
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2001
Sold by
Torres Adranuel
Bought by
Thomasson William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,538
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 1997
Sold by
American General Finance
Bought by
Torres Adranuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.97%
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
Shockey James D $160,000 American Home Title
Citimortgage Inc -- None Available
Dimaio Stephen P $229,900 The Title Company Of Jersey
Thomasson William $92,000 --
Torres Adranuel $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dimaio Stephen P $172,425
Previous Owner Thomasson William $90,538
Previous Owner Torres Adranuel $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2015 11/25/15 Sold $160,000 -6.4% $115 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $170,900 -- $123 / 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 $4,034 $198,900 $105,000 $93,900
2024 $4,034 $198,900 $105,000 $93,900
2023 $3,976 $198,900 $105,000 $93,900
2022 $3,855 $198,900 $105,000 $93,900
2021 $3,739 $198,900 $105,000 $93,900
2020 $3,680 $198,900 $105,000 $93,900
2019 $3,588 $198,900 $105,000 $93,900
2018 $3,503 $198,900 $105,000 $93,900
2017 $3,507 $198,900 $105,000 $93,900
2016 $3,453 $198,900 $105,000 $93,900
2015 $3,342 $198,900 $105,000 $93,900
2014 $3,232 $198,900 $105,000 $93,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 166054

Cape May County Association of REALTORS®

APN: 05-00512-05-02971