NOT LISTED FOR SALE

Estimated Value: $554,000 - $834,000

5 Beds
3 Baths
2,800 Sq Ft
$264/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $275,000 $98 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $4,792/month

13 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Corner Lot
  • Porch
  • Deck
  • Den
  • Living Room

About This Home

As of September 2019

Corporate Owned Property - The seller acquired the property through foreclosure or deed in lieu of foreclosure or from an entity that acquired it through foreclosure of deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility for all local and state inspections that are needed prior to closing. All questions and concerns should be answered by personal inspection and research. Buyer to verify square footage of lot, structure, water/sewer and connections. ***All offers must be entered through propoffers.com. $150.00 Offer management Fee will be paid from Buyer's Broker commission at closing.Commission paid on net sale price. All offers to include: Pre-approval letter, copy of EM and Proof of funds***

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 07/30/2019

COASTAL ELITE REALTY

Last Buyer's Agent

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 07/30/2019

COASTAL ELITE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,054

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 30 x 131
  • Property Fronts a Bay or Harbor
  • Corner Lot

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Den
  • Water Views
  • Range

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Garage
  • Stone Driveway

Outdoor Features

  • Property near a bay
  • Bulkhead
  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 22 / 326.31

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,054

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Corner, Water Front, Water View, Bulk Head
  • District Township: 17-Out Of County
  • Near: Bayfront
  • Estimated Year Built: 1966
  • Bay Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 30 X 131
  • OFFICELIST_STATE: NJ
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Appliances Included: Range, Refrigerator
  • Interior Amenities: Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 9
  • Estimated Living Sq Ft: 2800
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area

Exterior Features

  • Construction: Two Story
  • Frontage: 30
  • Outside Features: Deck, Porch

Garage/Parking

  • Parking Garage: 3 Car, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 22
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 9054
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Sep 20, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Papagcorgiou Ioannis and Papagcorgiou Irene
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Edward Augsberger
COASTAL ELITE REALTY
List Price
$269,900
Sold Price
$275,000
Premium/Discount to List
$5,100
1.89%
Current Estimated Value
$740,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,091
Avg. Annual Appreciation
17.65%
Original Mortgage
$247,500
Outstanding Balance
$216,343
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$523,748

Purchase Details

Closed on
Mar 11, 2019
Sold by
Pauley Amber and Pauley Glenn
Bought by
Residential Credi Opportunities Trust V and Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Dec 20, 2017
Sold by
Ocean County Tax Collector
Bought by
Us Bank Na
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
Papagcorgiou Ioannis $275,000 City Abstract
Residential Credi Opportunities Trust V $151,000 None Available
Us Bank Na $687 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papagcorgiou Ioannis $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $275,000 +1.9% $98 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $269,900 -- $96 / 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 $11,015 $381,500 $121,500 $260,000
2024 $10,563 $373,900 $121,500 $252,400
2023 $10,230 $373,900 $121,500 $252,400
2022 $10,230 $373,900 $121,500 $252,400
2021 $10,126 $376,300 $121,500 $254,800
2020 $9,942 $376,300 $121,500 $254,800
2019 $9,596 $376,300 $121,500 $254,800
2018 $9,054 $376,300 $121,500 $254,800
2017 $8,941 $376,300 $121,500 $254,800
2016 $8,997 $376,300 $121,500 $254,800
2015 $9,103 $376,300 $121,500 $254,800
2014 $9,385 $490,600 $197,100 $293,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 188877

Cape May County Association of REALTORS®

APN: 17-00326-31-00022