NOT LISTED FOR SALE

Estimated Value: $873,000 - $1,033,000

3 Beds
1 Bath
672 Sq Ft
$1,417/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $765,000 $1,138 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,486/month

6 Days on Market

Highlights

  • Property is near a beach
  • Cape Cod Architecture
  • Loft
  • Island Location
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of May 2023

The home has been rented weekly through the summers for the past two years and this year there is only one week left in August to rent. The annual gross income is approximately $35,000 so if you are an investor this is the property for you. The months of September and October are not rented and are yours for your enjoyment. Many say those are the best months "at the shore".

Last Agent to Sell the Property

Diane Buscham

RE/MAX SURFSIDE License #0560047 Listed on: 03/30/2023

RE/MAX SURFSIDE

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,730

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 40x100
  • Fenced Yard

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 672 Sq Ft Home
  • Furnished
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Living Room
  • Loft
  • Storage
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 3 Car Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 301

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,730

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Seasonal: XXX
  • Location: Island
  • District Township: 07-North Wildwood City
  • Near: beach, school
  • Also Includes: Curtains, Blinds, Furniture, Window Treatments
  • Estimated Year Built: 1950
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 40x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Dishwasher, Stove Electric, 1778
  • Interior Amenities: Fireplace- Gas, Loft, Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 6
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 672
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Cape Cod
  • Exterior: Vinyl
  • Frontage: 40
  • House Color: yellow
  • Outside Features: Porch, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: 3 Car, Concrete Driveway, Stone Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 6
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 5729.94
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 19, 2023
Sold by
Downes Edward
Bought by
Larson David and Larson Ashley Lee
Seller's Agent
Diane Buscham
RE/MAX SURFSIDE
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$749,900
Sold Price
$765,000
Premium/Discount to List
$15,100
2.01%
Views
134
Current Estimated Value
$952,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,455
Avg. Annual Appreciation
8.49%
Original Mortgage
$515,000
Outstanding Balance
$500,680
Interest Rate
6.39%
Estimated Equity
$451,775

Purchase Details

Closed on
Jan 22, 2020
Sold by
Ditech Financial Llc
Bought by
Downes Edward and Downes Mary A

Purchase Details

Closed on
Jun 11, 2007
Sold by
Hennessy Michael Patrick and Hennessy Bernadette
Bought by
Naphys Daniel T and Naphys Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2006
Sold by
Seahaven Llc
Bought by
Finnegan Dennis and Finnegan Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
5.71%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 5, 2005
Sold by
Seahaven Llc
Bought by
Walsh Jason P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,900
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 28, 2005
Sold by
Seahaven Llc
Bought by
Toner John and Toner Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,900
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 15, 2005
Sold by
Seahaven Llc
Bought by
Finnegan Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,900
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 14, 2005
Sold by
Seahaven Llc
Bought by
Wild Lion Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,900
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 2005
Sold by
Seahaven Llc
Bought by
Marvel William C and Marvel Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,900
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 24, 2005
Sold by
Seahaven Llc
Bought by
Thompson Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,200
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2005
Sold by
Seahaven Llc
Bought by
Yashiro Takeshi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,200
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2005
Sold by
Seahaven Llc
Bought by
Kukoda Thomas and Kukoda Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,200
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Seahaven Llc
Bought by
Salvatore John and Salvatore Marirose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,200
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2005
Sold by
Seahaven Llc
Bought by
Connor Thomas P and Connor Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,200
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 24, 2003
Sold by
Vostenak Traci L
Bought by
Buglak Robert and Dunne Sean

Purchase Details

Closed on
Sep 30, 2000
Sold by
Classic Costum Builders Inc
Bought by
Steiner Paul J and Steiner Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
7.89%

Purchase Details

Closed on
May 19, 2000
Sold by
Stevens Lloyd L
Bought by
Hennessy Michael Patrick and Hennessy Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Larson David $765,000 Surety Title
Downes Edward $278,100 None Available
Naphys Daniel T $390,000 First American Title Ins Co
Finnegan Dennis $506,000 Shore Title Agency Inc
Walsh Jason P $477,750 Shore Title Agency Inc
Toner John $529,000 Shore Title Agency Inc
Finnegan Dennis $489,000 Shore Title Agency Inc
Wild Lion Properties Llc $489,000 Shore Title Agency Inc
Marvel William C $546,000 Shore Title Agency Inc
Thompson Patricia $549,000 Shore Title Agency Inc
Mellina Ronald J $529,000 Shore Title Agency Inc
Yashiro Takeshi $559,980 Shore Title Agency Inc
Kukoda Thomas $529,000 Shore Title Agency Inc
Salvatore John $420,000 Shore Title Agency Inc
Connor Thomas P $550,000 Shore Title Agency Inc
Buglak Robert $200,000 --
Steiner Paul J $220,000 --
Hennessy Michael Patrick $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson David $515,000
Previous Owner Naphys Daniel T $351,000
Previous Owner Finnegan Dennis $101,200
Previous Owner Finnegan Dennis $48,900
Previous Owner Walsh Jason P $382,200
Previous Owner Toner John $423,200
Previous Owner Finnegan Dennis $391,200
Previous Owner Wild Lion Properties Llc $396,750
Previous Owner Marvel William C $376,740
Previous Owner Mellina Ronald J $396,750
Previous Owner Thompson Patricia $54,900
Previous Owner Salvatore John $315,000
Previous Owner Connor Thomas P $440,000
Previous Owner Steiner Paul J $154,000
Previous Owner Hennessy Michael Patrick $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $765,000 +2.0% $1,138 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $749,900 -- $1,116 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $6,376 $410,800 $300,000 $110,800
2024 $6,376 $410,800 $300,000 $110,800
2023 $5,970 $393,000 $300,000 $93,000
2022 $5,730 $393,000 $300,000 $93,000
2021 $5,506 $393,000 $300,000 $93,000
2020 $5,309 $393,000 $300,000 $93,000
2019 $5,133 $393,000 $300,000 $93,000
2018 $4,987 $393,000 $300,000 $93,000
2017 $4,881 $393,000 $300,000 $93,000
2016 $4,787 $393,000 $300,000 $93,000
2015 $4,399 $390,000 $337,400 $52,600
2014 $4,294 $390,000 $337,400 $52,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 230813

Cape May County Association of REALTORS®

APN: 07-00301-0000-00006