NOT LISTED FOR SALE

500 Delaware Ave Rio Grande, NJ 08242

Estimated Value: $169,000 - $321,000

-- Bed
-- Bath
1,188 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $67,500 $57 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $1,654/month

109 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Living Room
  • Middle Township Elementary No. 1 Rated A-

About This Home

As of August 2016

RIO GRANDE DUPLEX - Act Fast !! Our property is one of very few Multi - Family properties in Rio Grande and being priced under $100,000 you need to run not walk to see this one. This home is ideally located just behind the Shop Rite Supermarket Center and just a short drive to Walmart, Lowes and just over the bridge are the beautiful and free Wildwood Beaches / Boards. * Prior to listing this property we installed an New Roof.

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 04/05/2016

COASTAL ELITE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,725

Lot Details

  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • Living Room
  • Eat-In Kitchen

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 1 / 1481

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,725

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Corner
  • District Township: 06-Middle Township
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Other Rooms: Living Room, Kitchen, Eat In Kitchen

Lot Info

  • Lot Number: 1
  • Lot Size: 125X63
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 2724.75
  • Assessor Parcel Number: 06014810000000010000

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2016
Closed on
Aug 1, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Haberman Benjamin D
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
List Price
$99,000
Sold Price
$67,500
Premium/Discount to List
-$31,500
-31.82%
Current Estimated Value
$257,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,357
Avg. Annual Appreciation
15.00%

Purchase Details

Closed on
Feb 2, 2016
Sold by
Schaffer Gary G
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 2, 2012
Sold by
Whalen Marie T and Leonard Marie T
Bought by
Leonard Lawrence E

Purchase Details

Closed on
May 14, 2004
Sold by
Whalen Marie T
Bought by
Leonard Lawrence and Whalen Marie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 15, 2003
Sold by
Mccourt Joseph
Bought by
Whalen Marie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,421
Interest Rate
5.84%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2001
Sold by
Hall Gerard F
Bought by
Mccourt Joseph and Mccourt Phyllis
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
Haberman Benjamin D $67,500 None Available
Federal National Mortgage Association $168,246 None Available
Leonard Lawrence E -- None Available
Leonard Lawrence -- The Title Company Of Jersey
Whalen Marie T $134,500 --
Mccourt Joseph $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Haberman Benjamin $0
Open Haberman Benjamin $50,000
Open Haberman Benjamin $72,000
Previous Owner Whalen Marie T $69,639
Previous Owner Whalen Marie T $42,800
Previous Owner Leonard Lawrence $160,000
Previous Owner Whalen Marie T $133,421
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $67,500 -31.8% $57 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $99,000 -- $83 / 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 $3,360 $155,700 $109,100 $46,600
2024 $3,360 $155,700 $109,100 $46,600
2023 $3,260 $155,700 $109,100 $46,600
2022 $3,161 $155,700 $109,100 $46,600
2021 $3,086 $155,700 $109,100 $46,600
2020 $3,022 $155,700 $109,100 $46,600
2019 $2,943 $155,700 $109,100 $46,600
2018 $2,890 $155,700 $109,100 $46,600
2017 $2,834 $155,700 $109,100 $46,600
2016 $2,745 $155,700 $109,100 $46,600
2015 $2,725 $155,700 $109,100 $46,600
2014 $2,706 $155,700 $109,100 $46,600
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Edward Augsberger

    COASTAL ELITE REALTY

    (609) 338-1189

    14 in this area

    148 Total Sales

    Edward Augsberger
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 169562

Cape May County Association of REALTORS®

APN: 06-01481-0000-00001

New Jersey Cape May County Rio Grande 08242

500 Delaware Ave, Rio Grande, NJ

This home is located at 500 Delaware Ave, Rio Grande, NJ 08242 since 05 April 2016 and is currently estimated at $257,857, approximately $217 per square foot. 500 Delaware Ave is a home located in Cape May County with nearby schools including Middle Township Elementary No. 1, Middle Township Elementary No. 2, and Middle Township Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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