NOT LISTED FOR SALE

Estimated Value: $876,000 - $1,339,000

5 Beds
3 Baths
2,283 Sq Ft
$477/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $589,900 $258 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,312/month

61 Days on Market

Highlights

  • Water Views
  • Island Location
  • Main Floor Primary Bedroom
  • Property is near a beach
  • Contemporary Architecture
  • 5-minute walk to Coleman Callahan Veterans Park

About This Home

As of November 2016

Incredible opportunity to own this 5 bed 3 bath single family home 1/2 Block from the best beaches Wildwood Crest has to offer! Exterior features include maintenance free vinyl siding, plenty of parking, 2nd floor deck with ocean views,fenced in backyard, and enclosed back porch. The first floor has been completely upgraded including quartz counter tops in the kitchen, recessed lighting, stainless steel appliances, and beautiful tile floors. 1st floor bedroom could be used as master or bonus room. 2nd floor boasts 4 additional large bedrooms perfect for any family.

Last Agent to Sell the Property

Jeff Quintin

eXp REALTY License #9134206 Listed on: 08/11/2016

eXp REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,794

Lot Details

  • 5,009

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Drapes & Rods
  • Great Room
  • Living Room
  • Den
  • Screened Porch
  • Storage
  • Tile Flooring
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Patio
  • Outdoor Storage
  • Outdoor Grill

Utilities

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

Additional Features

  • Fenced Yard
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 2.02 / 50.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,794

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island, Water View
  • District Township: 15-Wildwood Crest
  • Also Includes: Drapes, Curtains, Shades, Rugs
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Bar, Smoke/Fire Alarm, Storage, Tile Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Laundry/Utility Room, Great Room, 1st Floor Master Bedroom

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Vinyl
  • Outside Features: Patio, Enclosed/Covered Patio, Porch, Screened Porch, Grill, Fenced Yard, Storage Building, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: 3 Car

Utilities

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

Lot Info

  • Lot Number: 2.02
  • Lot Size: 50 X 100
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 5794

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Nov 7, 2016
Sold by
Colarulo William A
Bought by
Derer Joseph N and Derer Joann L
Seller's Agent
Jeff Quintin
eXp REALTY
List Price
$589,900
Sold Price
$589,900
Current Estimated Value
$1,088,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,583
Avg. Annual Appreciation
6.98%
Original Mortgage
$417,000
Outstanding Balance
$333,511
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$754,972

Purchase Details

Closed on
Jan 10, 2008
Sold by
Colarulo William A and Colarulo Donna M
Bought by
Colarulo William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2000
Sold by
Fulmer William
Bought by
Colarulo William A and Colarulo Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
7.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Derer Joseph N $589,900 None Available
Colarulo William A -- Commonwealth Land Title Insu
Colarulo William A $223,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derer Joseph N $417,000
Previous Owner Colarulo William A $510,000
Previous Owner Colarulo William A $178,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2016 11/10/16 Sold $589,900 0.0% $258 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $589,900 -- $258 / 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 $7,031 $492,700 $339,100 $153,600
2024 $7,031 $492,700 $339,100 $153,600
2023 $6,927 $492,700 $339,100 $153,600
2022 $6,730 $492,700 $339,100 $153,600
2021 $6,533 $492,700 $339,100 $153,600
2020 $6,351 $492,700 $339,100 $153,600
2019 $6,302 $492,700 $339,100 $153,600
2018 $6,198 $492,700 $339,100 $153,600
2017 $6,075 $492,700 $339,100 $153,600
2016 $5,883 $492,700 $339,100 $153,600
2015 $5,794 $492,700 $339,100 $153,600
2014 $5,666 $492,700 $339,100 $153,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 171832

Cape May County Association of REALTORS®

APN: 15-00050-02-00002-02