NOT LISTED FOR SALE

Estimated Value: $564,179 - $645,000

-- Bed
-- Bath
1,136 Sq Ft
$536/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $80,000 $70 Per Sq Ft

Est. 661% increase in value since last sale

Current estimated payment $3,783/month

238 Days on Market

Highlights

  • Property near a bay
  • Loft
  • Porch
  • Island Location
  • Fenced Yard
  • Living Room

About This Home

As of May 2016

Bring your imagination to this unattached duplex on a 60 x 100 lot. Both units currently vacant. Front unit has 3 bedrooms (2 plus a loft), full bath, kitchen and open living area. It is in need of some TLC. Rear unit has 2 bedrooms, full bath and open living kitchen area. Rear unit has had new roof. Perhaps you want to rehab both units or tear them down and build your new home. Possibilities are here. Property is being sold in as is condition and Buyer responsible for all certifications and inspections. Being sold as a short sale but NOT APPROVED yet. Tax records indicate two 30 x 100 lots but legal description (in documents) indicates one 60 x 100 lot, known as lots 12 and 13. When owners did rent, they got $950./month for front house and $750./month for rear. Call listing agent for more information. Lockbox.

Last Agent to Sell the Property

Anne McDermott

CHRIS HENDERSON REALTY Listed on: 08/12/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,011

Home Design

  • Duplex

Interior Spaces

  • Living Room
  • Dining Area
  • Loft
  • Crawl Space

Outdoor Features

  • Property near a bay
  • Porch

Utilities

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

Additional Features

  • Fenced Yard
  • Island Location

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 12-13 / 190

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Island
  • District Township: 14-Wildwood City
  • Near: Bay
  • Estimated Year Built: 1920
  • Bay Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Dining Area, Loft

Exterior Features

  • Outside Features: Porch, Fenced Yard

Utilities

  • Separate Meter: Electric, Gas
  • Heating: Gas Natural
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 12-13
  • Lot Size: 60 x 100
  • Zoning: R-1
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: 6418.4

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2024
Sold by
Bray Eric S and Bray Pamela A
Bought by
Bray Family Trust and Bray
Current Estimated Value
$608,795

Purchase Details

Listed on
Aug 12, 2015
Closed on
May 6, 2016
Sold by
Youmans Kevin D and Ruddy Patrick
Bought by
Bray Eric and Bray Pamela
Seller's Agent
Anne McDermott
CHRIS HENDERSON REALTY
List Price
$125,000
Sold Price
$80,000
Premium/Discount to List
-$45,000
-36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.57%

Purchase Details

Closed on
Oct 3, 2003
Sold by
Neill Michael Wm
Bought by
Youmans Kevin D and Ruddy Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,430
Interest Rate
6.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bray Family Trust -- None Listed On Document
Bray Family Trust -- None Listed On Document
Bray Eric $80,000 Shore Title Agency Inc
Youmans Kevin D $194,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Youmans Kevin D $136,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $80,000 -36.0% $70 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
08/12/2015 08/12/15 For Sale $125,000 -- $110 / 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 $6,932 $231,000 $123,000 $108,000
2024 $6,932 $231,000 $123,000 $108,000
2023 $6,766 $231,000 $123,000 $108,000
2022 $6,542 $231,000 $123,000 $108,000
2021 $6,363 $231,000 $123,000 $108,000
2020 $6,214 $231,000 $123,000 $108,000
2019 $5,992 $231,000 $123,000 $108,000
2018 $5,773 $231,000 $123,000 $108,000
2017 $5,530 $231,000 $123,000 $108,000
2016 $4,555 $196,000 $88,000 $108,000
2015 $4,483 $196,000 $88,000 $108,000
2014 $4,430 $196,000 $88,000 $108,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 165621

Cape May County Association of REALTORS®

APN: 14-00190-0000-00012