NOT LISTED FOR SALE

Estimated Value: $832,238 - $935,000

3 Beds
2 Baths
1,569 Sq Ft
10,062 Sq Ft Lot

Last Sold May 22, 2017

Last sale price $472,000 $301 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,271/month

12 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Property is near a beach
  • Island Location
  • Corner Lot

About This Home

As of May 2017

If you are looking to be a landlord, this beach block beauty has a proven rental history with repeat rental guests. The Silver Dollar Condo Association is financially sound with healthy reserves, no planned assessments in this building and reasonable condo fees makes this property a solid investment! Associated Docs for Master Deed & Bylaws of the Condo Association, Insurance & Financial information & Rental History Revenue.

Last Agent to Sell the Property

Jaqueline Bada-Gaffney

LONG & FOSTER REAL ESTATE, INC nww Listed on: 03/13/2017

LONG & FOSTER REAL ESTATE, INC nww

Last Buyer's Agent

Judith Suder

CENTURY 21 ALLIANCE wc License #0673469

CENTURY 21 ALLIANCE wc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,317

Year Built

  • Built in 2007

Lot Details

  • 10,062

Interior Spaces

  • 1,569 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Shared Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

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

Listing and Financial Details

  • Legal Lot and Block 1 / 96.03

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,317

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Corner, Island, Water View
  • District Township: 15-Wildwood Crest
  • Near: BEACH BLOCK
  • Also Includes: Curtains, Blinds, Rugs, Partial Furniture
  • Estimated Year Built: 2007
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: Silver Dollar Condominium
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2007

Interior Features

  • Appliances Included: Range, Self-Clean 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: 1569
  • Other Rooms: Living Room, Kitchen, Dining Area, Pantry, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Garage, 2 Car, Assigned Parking, Concrete Driveway, Shared Driveway

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Pool, Other (See Remarks), Laundry Room
  • Condo Fees: 1461/QRT
  • Unit Features: Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet, Foyer, Tile Floors
  • Unit Location: Corner, Water View

Lot Info

  • Lot Number: 1

Tax Info

  • Taxes: 5316.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 18, 2017
Sold by
Chumar Robert and Petercsak William
Bought by
Oliarnyk George and Oliarnyk Darlene
Seller's Agent
Jaqueline Bada-Gaffney
LONG & FOSTER REAL ESTATE, INC nww
Buyer's Agent
Judith Suder
CENTURY 21 ALLIANCE wc
List Price
$489,000
Sold Price
$472,000
Premium/Discount to List
-$17,000
-3.48%
Current Estimated Value
$901,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,310
Avg. Annual Appreciation
7.86%
Original Mortgage
$200,000
Outstanding Balance
$101,292
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$800,018

Purchase Details

Closed on
Jun 26, 2007
Sold by
The Tangiers Llc
Bought by
Chumar Robert and Petercsak William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Oliarnyk George $472,000 The Title Company Of Jersey
Chumar Robert $610,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliarnyk George $200,000
Previous Owner Chumar Robert $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2017 05/22/17 Sold $472,000 -3.5% $301 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $489,000 -- $312 / 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 $6,354 $445,300 $210,000 $235,300
2024 $6,354 $445,300 $210,000 $235,300
2023 $6,261 $445,300 $210,000 $235,300
2022 $6,083 $445,300 $210,000 $235,300
2021 $5,905 $445,300 $210,000 $235,300
2020 $5,740 $445,300 $210,000 $235,300
2019 $5,695 $445,300 $210,000 $235,300
2018 $5,602 $445,300 $210,000 $235,300
2017 $5,491 $445,300 $210,000 $235,300
2016 $5,317 $445,300 $210,000 $235,300
2015 $5,237 $445,300 $210,000 $235,300
2014 $5,121 $445,300 $210,000 $235,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 175158

Cape May County Association of REALTORS®

APN: 15-00096-03-00001-0000-C0203