NOT LISTED FOR SALE

Estimated Value: $505,805 - $599,000

3 Beds
2 Baths
1,145 Sq Ft
1,133 Sq Ft Lot

Last Sold February 26, 2015

Last sale price $130,000 $114 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $3,425/month

711 Days on Market

Highlights

  • Island Location
  • Ground Level Unit
  • Laundry Room
  • Corner Lot
  • Living Room
  • 1-Story Property

About This Home

As of February 2015

1ST FLOOR WITH UTILITY/MUD ROOM, KITCHEN, LIVING ROOM, DINING AREA, 3 BEDROOMS AND 2 FULL BATHS. ALL APPLIANCES INCLUDED. TENANT OCCUPIED EASY TO SHOW BUT BY APPOINTMENT. DECK, OFF STREET PARKING CAN FIT 2 CARS, CONVENIENT LOCATION AND WALKING DISTANCE TO STORES, McDONALDS, PIZZA HUT, LOTS OF WINDOWS FOR SUNLIGHT. CONDO FEE INCLUDES FIRE AND FLOOD INSURANCE, MAINTENANCE AND RESERVE. WATER AND SEWER ARE SEPARATE METERS FOR EACH UNIT AND NOT INCLUDED IN CONDO FEE.

Last Agent to Sell the Property

Elizabeth Roach

AVALON REAL ESTATE License #7859398 Listed on: 02/15/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,775

Lot Details

  • 1,133

Interior Spaces

  • 1,145 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Wall to Wall Carpet

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Driveway

Location

  • Ground Level Unit
  • Island Location

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 1 / 59

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,775

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island
  • District Township: 13-W. Wildwood
  • Near: RIO GRANDE AVE & BRIDGE
  • Beach Proximity: 4 Blocks
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1145
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: 1 Car, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Unit: A
  • Common Area Features: Deck/Porch, Cable TV
  • Condo Fees: 125.00
  • Unit Features: Wall To Wall Carpet
  • Unit Location: First Floor

Lot Info

  • Lot Number: 1
  • Total Assessment: 199200
  • Zoning: R-2

Tax Info

  • Taxes: 3775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2015
Sold by
Acocella Frank and Acocella Claudia
Bought by
Villani Michael A
Current Estimated Value
$551,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Outstanding Balance
$38,163
Interest Rate
3.03%
Mortgage Type
New Conventional
Estimated Equity
$513,788

Purchase Details

Closed on
Jun 10, 2005
Sold by
We Build Llc
Bought by
Acocella Frank and Acocella Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
5.79%
Mortgage Type
New Conventional
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
Villani Michael A $130,000 The Title Company Of Jersey
Acocella Frank $305,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villani Michael A $104,000
Previous Owner Acocella Frank $213,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2015 02/26/15 Sold $130,000 -10.3% $114 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
02/15/2013 02/15/13 For Sale $145,000 -- $127 / 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 $5,948 $198,200 $80,000 $118,200
2024 $5,948 $198,200 $80,000 $118,200
2023 $5,805 $198,200 $80,000 $118,200
2022 $5,613 $198,200 $80,000 $118,200
2021 $4,063 $198,200 $80,000 $118,200
2020 $5,332 $198,200 $80,000 $118,200
2019 $5,141 $198,200 $80,000 $118,200
2018 $4,953 $198,200 $80,000 $118,200
2017 $4,745 $198,200 $80,000 $118,200
2016 $4,606 $198,200 $80,000 $118,200
2015 $4,533 $198,200 $80,000 $118,200
2014 $4,479 $198,200 $80,000 $118,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 150182

Cape May County Association of REALTORS®

APN: 14-00059-0000-00024-0000-C000A