NOT LISTED FOR SALE

Estimated Value: $385,000 - $474,000

-- Bed
-- Bath
1,435 Sq Ft
$292/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $144,900 $101 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $2,591/month

171 Days on Market

Highlights

  • Property near a bay
  • Living Room
  • Baseboard Heating
  • Fenced Yard
  • Forced Air Heating System
  • Dining Area

About This Home

As of November 2016

Rare investment opportunity on the desirable, west side of the island. No water intrusion during Irene, Sandy or Jonas! This triplex building features a first floor front, first floor rear, and second floor unit; all of which are two bedroom and one full bathroom. At this price, the building generates a 7% cap rate when fully occupied. 24hr notice required for showings. Lockbox.

Last Agent to Sell the Property

Robert Snyder, GRI,ABR,RSPS

Cabrera Coastal Real Estate Listed on: 05/12/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,495

Lot Details

  • 3,006

Home Design

  • Triplex

Interior Spaces

  • Living Room
  • Dining Area
  • Crawl Space

Utilities

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

Additional Features

  • Property near a bay
  • Fenced Yard

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 28 / 113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,495

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • District Township: 14-Wildwood City
  • Bay Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Outside Features: Fenced Yard, Sidewalks

Utilities

  • Separate Meter: Electric, Gas, Cable TV
  • Heating: Gas Natural, Electric, Baseboard, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 28
  • Lot Size: 30 x 100
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: 3494.54

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2022
Sold by
Lopez Jose G
Bought by
Deleon-Lopez Tania
Current Estimated Value
$419,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,299
Outstanding Balance
$164,636
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$254,958

Purchase Details

Closed on
Jan 22, 2010
Sold by
Gordon Gary S and Gordon Denise M
Bought by
Santala William and Calabrese Rachelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
4.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deleon-Lopez Tania $205,000 Sjs Title
Deleon-Lopez Tania $205,000 Sjs Title
Santala William $115,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deleon-Lopez Tania $177,299
Closed Deleon-Lopez Tania $177,299
Previous Owner Santala William $86,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2016 11/29/16 Sold $144,900 -9.4% $101 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $159,900 -- $111 / 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 $4,586 $152,800 $79,000 $73,800
2024 $4,586 $152,800 $79,000 $73,800
2023 $4,476 $152,800 $79,000 $73,800
2022 $4,327 $152,800 $79,000 $73,800
2021 $4,210 $152,800 $79,000 $73,800
2020 $4,110 $152,800 $79,000 $73,800
2019 $3,964 $152,800 $79,000 $73,800
2018 $3,818 $152,800 $79,000 $73,800
2017 $3,658 $152,800 $79,000 $73,800
2016 $3,551 $152,800 $79,000 $73,800
2015 $3,495 $152,800 $79,000 $73,800
2014 $3,453 $152,800 $79,000 $73,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170240

Cape May County Association of REALTORS®

APN: 14-00113-0000-00028