NOT LISTED FOR SALE

5501 Landis Ave Sea Isle City, NJ 08243

Estimated Value: $1,543,000 - $1,995,000

5 Beds
3 Baths
1,886 Sq Ft
$955/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $1,500,000 $795 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,292/month

50 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Deck
  • Fenced Yard
  • Ocean City Primary School Rated A
  • Den
  • Living Room

About This Home

As of May 2023

This home is located at 5501 Landis Ave, Sea Isle City, NJ 08243 since 04 February 2023 and is currently estimated at $1,800,308, approximately $954 per square foot. 5501 Landis Ave is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Last Agent to Sell the Property

Dustin Laricks

COMPASS RE - Sic Listed on: 02/04/2023

COMPASS RE - Sic

Last Buyer's Agent

Dustin Laricks

COMPASS RE - Sic Listed on: 02/04/2023

COMPASS RE - Sic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,010

Lot Details

  • Lot Dimensions are 50x87
  • Building is beachfront but unit may not have water views
  • Fenced Yard

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,886 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Central Air
  • Baseboard Heating
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1519 / 55.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,010

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 09-Sea Isle City
  • Also Includes: Blinds, Partial Furniture
  • New Construction: No
  • Second Address Number: 5501
  • Lot Size2: 50x87
  • Price per Sq Ft: 795.33
  • Selling Agent1: 800
  • Selling Office1: 857
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Fireplace- Gas
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 12
  • Estimated Living Sq Ft: 1886
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Deck, Fenced Yard, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 1519
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 6009.9
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
May 9, 2023
Sold by
Lccorsoillc
Bought by
Tepfenhardt Jason and Tepfenhardt Jessica
Seller's Agent
Dustin Laricks
COMPASS RE - Sic
Buyer's Agent
Dustin Laricks
COMPASS RE - Sic
List Price
$1,579,000
Sold Price
$1,500,000
Premium/Discount to List
-$79,000
-5%
Views
79
Current Estimated Value
$1,800,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,308
Avg. Annual Appreciation
8.15%
Original Mortgage
$750,000
Outstanding Balance
$724,880
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,075,428

Purchase Details

Closed on
Jun 3, 2021
Sold by
Corso Christopher and Corso Susan
Bought by
Lccorso 1 Llc

Purchase Details

Closed on
Aug 26, 2011
Sold by
Keaveney Catherine M
Bought by
Corso Christopher and Corso Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.58%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Tepfenhardt Jason $1,500,000 Shore Title
Tepfenhardt Jason $1,500,000 Shore Title
Lccorso 1 Llc -- None Available
Lccorso1llc -- None Listed On Document
Corso Christopher $435,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jason Epfenhardt $750,000
Closed Tepfenhardt Jason $750,000
Previous Owner Corso Christopher $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $1,500,000 -5.0% $795 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $1,579,000 -- $837 / 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 $6,708 $750,300 $694,400 $55,900
2024 $6,708 $750,300 $694,400 $55,900
2023 $6,393 $750,300 $694,400 $55,900
2022 $6,010 $750,300 $694,400 $55,900
2021 $5,732 $750,300 $694,400 $55,900
2020 $5,507 $750,300 $694,400 $55,900
2019 $5,387 $750,300 $694,400 $55,900
2018 $5,327 $750,300 $694,400 $55,900
2017 $5,215 $750,300 $694,400 $55,900
2016 $5,042 $750,300 $694,400 $55,900
2015 $3,882 $659,000 $625,000 $34,000
2014 $3,849 $659,000 $625,000 $34,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 230326

Cape May County Association of REALTORS®

APN: 09 00055- 02-01519- 01