NOT LISTED FOR SALE

606 W Beach Ave Brigantine, NJ 08203

Estimated Value: $769,225 - $992,000

6 Beds
4 Baths
-- Sq Ft
1.15 Acres

Last Sold April 30, 2018

Last sale price $362,400

Est. 143% increase in value since last sale

Current estimated payment $5,567/month

14 Days on Market

Highlights

  • Porch
  • Living Room
  • Forced Air Heating System
  • Eat-In Kitchen

About This Home

As of April 2018

This property qualifies for the FIRST LOOK INITIATIVE through 03/15/2018. Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This on-going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary residence. If the offer presented in first 20 days period, the buyer and their selling agent must sign an Agreement of Purchaser affidavit affirming that the buyer will occupy the home as their residence. 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 and structure. ****Please see associated docs for inspection reports and Offer sheet.

Last Listed By

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 02/22/2018

COASTAL ELITE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,373

Year Built

  • 1983

Lot Details

  • 1.15

Home Design

  • Duplex

Interior Spaces

  • Living Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 50x105

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 26 / 401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,373

Year Built

1983

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • District Township: 17-Out Of County
  • New Construction: No
  • Second Address Number: 606
  • Lot Size2: 50x105
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1983

Interior Features

  • Total Bathrooms: 4
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen

Exterior Features

  • Outside Features: Porch

Utilities

  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 26
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 3373
  • Tax Year: 2017

Multi Family

  • Number Of Units: 2
  • Total Rent: 950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Apr 6, 2018
Sold by
Federal Home Loan Mortgagecorp
Bought by
Bailey Ronald and Bailey Ronald W
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$314,900
Sold Price
$362,400
Premium/Discount to List
$47,500
15.08%
Total Days on Market
14
Current Estimated Value
$880,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,406
Avg. Annual Appreciation
12.77%
Original Mortgage
$374,359
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Oct 24, 2017
Sold by
Montague Gerard M and Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 4, 2006
Sold by
Forte Michael
Bought by
Gerard Montague

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
6.34%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Forte Michael
Bought by
Gerard Montague

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
6.34%

Purchase Details

Closed on
Aug 18, 2004
Sold by
Pagoulatos George and Pagoulatos Pauline
Bought by
Forte Michael and Forte Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1999
Sold by
First Union National Bank
Bought by
Deren Jadwiga and Braddish Babara Deren

Purchase Details

Closed on
Jul 20, 1999
Sold by
Deren Jadwiga and Braddish Esq Barbara Deren
Bought by
Pagoulatos George and Pagoulatos Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.49%

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
Bailey Ronald $362,400 Fortune Title Agency Inc
Federal Home Loan Mortgage Corporation $1,000 None Available
Gerard Montague -- --
Gerard Montague $550,000 --
Gerard Montague -- --
Forte Michael $435,000 Commonwealth Title
Deren Jadwiga -- --
Pagoulatos George $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Ronald W $371,477
Closed Bailey Ronald $374,359
Previous Owner Montague Gerard $412,250
Previous Owner Montague Gerard M $417,000
Previous Owner Montague Gerard M $103,000
Previous Owner Gerard Montague $55,500
Previous Owner Gerard Montague $444,000
Previous Owner Gerard Montague $55,500
Previous Owner Forte Michael $348,000
Previous Owner Pagoulatos George $117,391
Previous Owner Pagoulatos George $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $362,400 +15.1% --
03/31/2018 03/31/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $314,900 -- --
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
2024 $7,644 $406,600 $230,900 $175,700
2023 $7,063 $406,600 $230,900 $175,700
2022 $7,063 $406,600 $230,900 $175,700
2021 $6,937 $406,600 $230,900 $175,700
2020 $6,863 $406,600 $230,900 $175,700
2019 $6,797 $399,100 $230,900 $168,200
2018 $6,932 $399,100 $230,900 $168,200
2017 $7,044 $399,100 $230,900 $168,200
2016 $7,040 $399,100 $230,900 $168,200
2015 $7,076 $399,100 $230,900 $168,200
2014 $6,813 $399,100 $230,900 $168,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180553

Cape May County Association of REALTORS®

APN: 03-00706-0000-00014