NOT LISTED FOR SALE

Estimated Value: $1,441,000 - $1,712,000

4 Beds
3 Baths
2,704 Sq Ft
$582/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $632,500 $234 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $9,111/month

28 Days on Market

Highlights

  • Water Views
  • Island Location
  • Furnished
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Community Pool

About This Home

As of April 2016

Fabulous & spacious, 2704 square foot three story beach block townhome at Pelican Landing offers it all! 4 generous bedrooms (including two master suites with private baths) 3.5 ceramic tile baths. Walk in to the 1st level and be greeted by an open with the Ceramic tile floor, wide staircase, den/4th bedroom ensuite, finished garage access and your very own private elevator. The spacious 2nd floor living level boasts gorgeous hardwood floors, a bright sunny living room, warm gas fireplace, convenient powder room, open dining area beautifully equipped gourmet eat-in kitchen with granite counters, tile floor, pantry, wet bar with wine/beverage fridge, computer work station, custom lighted cabinets! Step outside onto the large fiberglass deck and immediately transcend from the daily grind to the calming sounds of crashing waves and the relaxing ocean view. The 3rd level offers two additional guest bedrooms, full hall bath, laundry room, and a massive master suite, complete with walk-in closet, full tile bath, sitting area, and another large oceanview deck. Additional features: multi zoned gas heat, central air, sprinkler system, alarm system, finished garage and your own private elevator, fiberglass decks, common swimming pool. Well run Association! Never a rental! Similar units in Association command $4000/week!!! Furnished less personal items. Why settle for less when you can have the best! Must see today!

Last Agent to Sell the Property

Paul Hughes

RE/MAX SURFSIDE License #8737690 Listed on: 03/01/2016

RE/MAX SURFSIDE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,065

Lot Details

  • 0.58

Interior Spaces

  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Den
  • Storage Room
  • Water Views
  • Alarm System

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad
  • Automatic Garage Door Opener

Utilities

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

Additional Features

  • Outdoor Shower
  • Building is beachfront but unit may not have water views
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 2 / 100

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,065

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Island
  • District Township: 15-Wildwood Crest
  • Also Includes: Curtains, Blinds, Rugs, Furniture
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Other Rooms: Living Room, Den/TV Room, Eat In Kitchen, Dining Area, Pantry, Storage Space

Garage/Parking

  • Parking: Auto Door Opener, Garage, Parking Pad, 2 Car

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Outside Shower, Pool
  • Condo Fees: 1375/QTR
  • Unit Features: Bar, Hardwood Floors, Wall To Wall Carpet, Elevator, Foyer
  • Unit Location: Water View

Lot Info

  • Lot Number: 2

Tax Info

  • Taxes: 8064.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
Gillespie Mark and Gillespie Annette
Bought by
Wainwright Philip and Wainwright Jill
Current Estimated Value
$1,573,694

Purchase Details

Listed on
Mar 1, 2016
Closed on
May 6, 2016
Sold by
Amandaelyce Llc
Bought by
Gillespie Mark and Gillespie Annette
Seller's Agent
Paul Hughes
RE/MAX SURFSIDE
List Price
$649,000
Sold Price
$632,500
Premium/Discount to List
-$16,500
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$506,000
Interest Rate
3.61%

Purchase Details

Closed on
Sep 10, 2012
Sold by
Matthews Erwin R
Bought by
Amandaelyce Llc

Purchase Details

Closed on
Sep 28, 2007
Sold by
Matthews James M
Bought by
Matthews Edwin R
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
Wainwright Philip $1,529,000 Equity Plus Land Transfer
Wainwright Philip $1,529,000 Equity Plus Land Transfer
Gillespie Mark -- --
Amandaelyce Llc -- None Available
Matthews Edwin R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillespie Mark $506,000
Previous Owner Gillespie Mark --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $632,500 -2.5% $234 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $649,000 -- $240 / 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 $9,995 $700,400 $405,000 $295,400
2024 $9,995 $700,400 $405,000 $295,400
2023 $9,848 $700,400 $405,000 $295,400
2022 $9,567 $700,400 $405,000 $295,400
2021 $9,287 $700,400 $405,000 $295,400
2020 $9,028 $700,400 $405,000 $295,400
2019 $8,958 $700,400 $405,000 $295,400
2018 $8,811 $700,400 $405,000 $295,400
2017 $8,636 $700,400 $405,000 $295,400
2016 $8,363 $700,400 $405,000 $295,400
2015 $8,237 $700,400 $405,000 $295,400
2014 $8,055 $700,400 $405,000 $295,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 168773

Cape May County Association of REALTORS®

APN: 15-00100-02-00002-0000-C0438