NOT LISTED FOR SALE

Estimated Value: $1,065,000 - $1,278,000

-- Bed
-- Bath
-- Sq Ft
5,009 Sq Ft Lot

Last Sold January 29, 2016

Last sale price $355,000

Est. 225% increase in value since last sale

Current estimated payment $6,659/month

212 Days on Market

Highlights

  • Island Location
  • Porch
  • Laundry Room
  • Corner Lot
  • Living Room
  • 2-minute walk to Bil Henfey Park

About This Home

As of January 2016

Location, location, location. Corner of 7th and Atlantic Avenues. Single family house with a semi-detached duplex. The single family house is a handy man special consisting of 2 bedrooms, 1 bath, living room, kitchen, utility room, enclosed porch, and a front concrete porch. Exterior stairs leading to an attic, large detached shed. The year round duplex is a block building with each unit consisting of 3 bedrooms, 1 bath, gas H/W baseboard heat, gas H/W, gas range and open front porch. 3 electric and 3 gas meters. To be sold strictly "as is."

Last Agent to Sell the Property

James M. Flynn

FLYNN AGENCY INC Listed on: 06/01/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,602

Year Built

  • Built in 1950

Lot Details

  • 5,009

Home Design

  • Triplex

Interior Spaces

  • Living Room
  • Dining Area
  • Storage Room
  • Laundry Room

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Corner Lot
  • Island Location

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 1 / 276

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,602

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Location: Corner, Island
  • District Township: 07-N. Wildwood City
  • Near: Beach, Bill Henfey Park
  • Estimated Year Built: 1950 &1970
  • Beach Proximity: 3 Blocks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Exterior Features

  • Outside Features: Porch, Storage Building, Cable TV, Sidewalks

Garage/Parking

  • Parking: 1 Car, Concrete Driveway

Utilities

  • Separate Meter: Electric, Gas, Cable TV
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1
  • Lot Size: 50x100
  • Total Assessment: 508800
  • Zoning: R 1
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: 5601.89

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jan 29, 2016
Sold by
Estate Of Efpraxia Kardas and Kardas James
Bought by
Llewellyn Kevin and Llewellyn Darlene
Seller's Agent
James M. Flynn
FLYNN AGENCY INC
List Price
$399,000
Sold Price
$355,000
Premium/Discount to List
-$44,000
-11.03%
Current Estimated Value
$1,154,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$799,038
Avg. Annual Appreciation
12.85%

Purchase Details

Closed on
Mar 1, 1979
Bought by
Kardas Aristos and Kardas Efpraxia
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
Llewellyn Kevin $355,000 None Available
Kardas Aristos $54,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $355,000 -11.0% --
12/30/2015 12/30/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $399,000 -- --
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 $7,417 $477,900 $283,000 $194,900
2024 $7,417 $477,900 $283,000 $194,900
2023 $7,259 $477,900 $283,000 $194,900
2022 $6,968 $477,900 $283,000 $194,900
2021 $4,962 $477,900 $283,000 $194,900
2020 $6,456 $477,900 $283,000 $194,900
2019 $6,241 $477,900 $283,000 $194,900
2018 $6,065 $477,900 $283,000 $194,900
2017 $5,936 $477,900 $283,000 $194,900
2016 $5,821 $477,900 $283,000 $194,900
2015 $5,739 $508,800 $300,000 $208,800
2014 $5,602 $508,800 $300,000 $208,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 164368

Cape May County Association of REALTORS®

APN: 07-00276-0000-00001